Comprehensive Asset Insurance Policy for Grid Controller of India Limited

Work Description - NA

This tender, issued by the Grid Controller of India Limited, specifically the Western Regional Load Despatch Centre (WRLDC) located at Lighthall Wing-B2, 4th Floor, Hiranandani Business Park, Saki Vihar Road, Chandivali, Andheri (East), Mumbai (PIN: 400072), under the Ministry of Power, presents a critical opportunity to provide comprehensive Assets Insurance Services. The bid, identified by Bid Number GEM/2026/B/7827613, is open for submission from 30-07-2026 at 10:44 AM until 10-08-2026 at 11:00 AM. The core requirement of this tender is the provision of an Asset Insurance Policy encompassing standard fire and special perils cover, terrorism cover, earthquake cover, and theft/burglary cover. Crucially, the policy must also include third-party liability coverage for a sum of Rs. 1 Crore, with a stipulated ratio of 1:4 between "Any One Accident" and "Any Occurrence." This tender is of significant importance for Grid India, aiming to secure robust financial protection for its valuable assets against a wide spectrum of risks.