Nuclear Power Corporation of India Limited Kaiga Inventory Fire and Special Perils Insurance for 12 Months

Work Description - NA

This tender description outlines an opportunity for the provision of **Assets Insurance Service** to the **Nuclear Power Corporation of India Limited (NPCIL)**, an organization under the **Department of Atomic Energy**, with its office located in **Kaiga, Karnataka**. The specific service required is a **Standard Fire and Special Perils Insurance Policy** for inventory stored in their stores. The policy duration is for **12 months**, commencing from **00:00 hrs on 15th August 2026** and concluding at **24:00 hrs on 14th August 2027**. The tender is being issued with Bid Number **GEM/2026/B/7682611**, dated **24-06-2026**. Potential bidders are advised that the bid will be open for submission from **04-08-2026 at 1:00 PM** until **05-08-2026 at 1:00 PM**. An Earnest Money Deposit (EMD) of **75,018** is mandated for participation. Further details regarding specific perils covered, beyond the standard fire and special perils, will be elaborated within the tender document, with an indication of optional coverage also being a possibility. This procurement falls under the purview of the **PMO** and signifies a critical need for robust asset protection for NPCIL's inventory.