Registered Power Trader Services for Gujarat Refinery and Oxo Alcohol Plant Open Access Power Purchase

Work Description - Hiring Professional Services Of Registered Power Trader Of Power Exchanges Of India For Purchase Of Power Through Open Access From Power Exchanges In India For Gujarat Refinery And Oxo Alcohol Plant Dumad.

Indian Oil Corporation Limited (IndianOil), a Central Government Ministry/Department, is seeking to hire the professional services of a Registered Power Trader through the Power Exchanges of India for the purchase of power via open access. This procurement is specifically for the Gujarat Refinery and Oxo alcohol plant located in Dumad, Gujarat. The tender, identified by Tender Reference Number 9030C26C99 and Tender ID 2026_JR_191177_1, is an open tender with a contract form of Service, and it is not multi-currency or subject to two-stage bidding. The estimated tender value is ₹39,10,13,740, with a contract period of 365 days and a bid validity of 120 days. The tender documents will be available for download from August 27, 2026, 04:30 PM, until September 17, 2026, 04:30 PM. Bids can be submitted starting August 27, 2026, 04:30 PM, with a strict submission deadline of September 17, 2026, 04:30 PM. The bid opening will take place on September 18, 2026, 04:30 PM, at Gujarat Refinery, Vadodara. Interested bidders are required to submit their bids in two covers, with Cover 1 containing fee/pre-qualification/technical documents, including audited profit and loss statements and balance sheets for the last three financial years, certificate of incorporation/partnership deed/proprietorship affidavit, and MSME certificates. Cover 2 will be the finance cover, containing the Bill of Quantities (BOQ) price bid including GST. A pre-bid meeting is scheduled for September 3, 2026, 03:00 PM, to be conducted virtually via Microsoft Teams; requests for meeting links should be sent to the email IDs mentioned in Clause 6 of the NIT. The tender also allows for preferential bidders. The inviting authority for this tender is DGM (Contracts) at Gujarat Refinery, Vododara, with the address being IOCL Gujarat Refinery Vadodara Gujarat, Pincode 391320.