ISPRL/HO/RFP-Chandikhol
Indian Strategic Petroleum Reserves Limited · Chandikhol, Odisha · Civil Works & Infrastructure · open
Key facts
- Tender value: ₹8571.0Cr
- EMD: ₹44.0Cr
- Published: 31 Oct 2026
- Closing date: 26 Feb 2027
- Status: open
- Status as of: 01 Nov 2026 12:49 UTC
- Ministry: Ministry of Petroleum and Natural Gas
- Department: Oil Industry Development Board
- Office: Head Office Noida, P and A Noida
Description
Development and operation of 4.0 MMT capacity commercial cum strategic petroleum reserves at Chandikhol, Odisha, including dedicated SPM and associated onshore and offshore pipelines, on a DBFOT basis under PPP mode. The estimated project cost is INR 8,571 crore. Bids are evaluated on the Grant sought or Premium offered; the highest Premium or, where no Premium is offered, the lowest Grant determines the selected bidder.
Eligibility & requirements
- Startup relaxation: No
- MSE relaxation: No
- Certifications: Statutory auditor certificate of Net Worth
- Documents required: Technical Bid in the prescribed format with annexes, Financial Bid in the prescribed format, Bid Security in the form of demand draft, bank guarantee or online transfer, Power of Attorney authorising the Bid signatory, Consortium Power of Attorney in favour of the Lead Member, if applicable, Statutory auditor certificate specifying Net Worth and calculation methodology, Undertaking for Construction Experience, Undertaking for O&M Experience, Appendix-XI disclosures and undertaking for bidders from countries sharing a land border with India, where applicable
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Commercial terms
- Bid type: Single-stage bidding process comprising Technical Bid and Financial Bid
- Evaluation: Grant or Premium; highest Premium, or lowest Grant where no Premium is offered
- Make in India (MII): No
- MSE preference: No
1 tender document(s) available — sign up to download.
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