Panipat Refinery Power Purchase Services via Indian Energy Exchange Open Access

Work Description - Rprc261378 Availing Professional Services Of Registered Power Trader Of Indian Energy Exchange (iex) Of India, For Purchase Of Power Through Open Access From Indian Energy Exchange (iex) At Panipat Refinery

IndianOil, a Central Government Ministry/Department, is seeking bids for a critical service contract, Tender Reference Number 9060C26C63. The objective of this open tender is to avail the professional services of a Registered Power Trader of the Indian Energy Exchange (IEX) for the purchase of power through open access at the Panipat Refinery. This vital work, with an estimated tender value of ₹78,80,76,715 and a contract duration of 365 days, is designated as Tender ID RPRC261378. Bidders are advised that the bid submission period commences on September 14, 2026, at 09:00 AM and concludes on September 30, 2026, at 02:30 PM. The bid opening will take place on October 1, 2026, at 03:00 PM, also at the Panipat Refinery. The tender involves two covers: Cover 1 for Fee/PreQual/Technical documents, including the Exhibit Formats, Audited Balance Sheet with Profit and Loss statement, PAN, MSME and GST certificates, and Notarized POA; and Cover 2 for financial proposals (BOQ). Document downloads are available from September 9, 2026, at 06:00 PM until September 30, 2026, at 02:30 PM. Further details regarding the work description, bid validity of 120 days, and other submission requirements are available within the tender documents.