Insurance Broker Services for Hydroelectric Power Projects and Claims Management

Work Description - Hiring Of Services Of Insurance Brokers For Insurance Policy Of 60mw Giri, 120mw Svp Bhaba, 126mw Larji And 66mw Bassi Hep As Well As Settlement Of Insurance Claims And Other Insurance Related Matters

This tender, reference number HPSEBL/PEC/HEPs/Insurance/2026, is an open tender invited by the Superintending Engineer(PEC Cell) of HPSEBL, Sundernagar, for the critical services of an Insurance Broker. The scope of work encompasses the procurement of insurance policies for the 60MW Giri, 120MW SVP Bhaba, 126MW Larji, and 66MW Bassi Hydroelectric Power Projects (HEPs), as well as the comprehensive settlement of insurance claims and the management of all other insurance-related matters. Interested parties are advised that the document download period commences on July 15, 2026, at 03:00 PM and concludes on August 12, 2026, at 11:00 AM, with the bid submission period running from August 3, 2026, at 11:00 AM until August 12, 2026, at 11:00 AM. The bid opening is scheduled for August 12, 2026, at 03:30 PM. A mandatory Earnest Money Deposit (EMD) of ₹1,00,000 is required, and the tender fee is ₹590. All submissions will be handled online, with a single cover system for the submission of all necessary documents, including those pertaining to minimum qualifying criteria and the bid assessment sheet. The bid validity period is set at 180 days from the submission deadline. This opportunity is specifically for Miscellaneous Services within the Services category, and further details regarding the NIT, Detailed NIT, Information and Instructions to Bidders (IITB), General Terms and Conditions (GTC), and the Bid Assessment Sheet are available for download.