Events Details
Header Details
- Number- 11
- Company
- Oil and Natural Gas Corporation Limited
- Department
- ONGC Natural Gas
- Name
- E-AUCTION FOR SALE OF GAS FROM PADRA FIELD against RFP No - ONGC/ RFP/CBYS/PADRA
- Description
- E-AUCTION FOR SALE OF GAS FROM PADRA FIELD against RFP No - ONGC/ RFP/CBYS/PADRA
- Base Currency
- USD
- Auction Type
- Forward Auction
- Remarks
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Time Parameters
- Auto Extension
- All Items
- No of Extension
- Unlimited
- Auto Extend By Time (Min)
- 15
- Auto Extend When Time (Min)
- 5
- Auto Extend Type
- End Time
- Is Staggered Applicable?
- Yes
Price Parameters
- Pricing Term
- Per Unit
- Number of Decimals Allowed in Price
- 2
- Opening Price As Bid Starting Price
- Yes
- First Bid Period Applicable
- Yes (Duration: 0 Mins)
- Allocated Price Tie Not Allowed
- Applicable
- Price increase with volume
- Applicable
- Sealed Bid in Multiple of Increment Value
- Both Price and Volume
- Is dsc Applicable?
- Yes
Display Parameters
- Anonymity To Auctioneer
- Yes
Added Items
The contract price for gas will be Reserve Price plus quoted premium. During the bidding process, Bidder needs to quote positive, non-matching and non- zero premium over and above the reserve price for one or more locations separately.
| Sr. No. | Item Name | Category | Description | Quantity / UOM | Min Quantity | Max Quantity | Min Gas Offtake (In Days) | Max Gas Offtake (In Days) | Opening Premium Over Reserve Price (USD/MMBTU) |
Quantity Increment | Price Increment |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | PDR#45 Well head | Natural Gas | PDR#45 Well head | 15000.00 / SCMD | 5000.00 | 15000.00 | 1.00 | 30.00 | 0.20 | 500.00 | 0.20 |
| 2 | PDR#145 Well head | Natural Gas | PDR#145 Well head | 8000.00 / SCMD | 4000.00 | 8000.00 | 1.00 | 30.00 | 0.20 | 500.00 | 0.20 |
| 3 | PDR#149 Well head | Natural Gas | PDR#149 Well head | 7000.00 / SCMD | 3500.00 | 7000.00 | 1.00 | 30.00 | 0.20 | 500.00 | 0.20 |
Note: - Duration of Gas Sales Agreement (“GSA”) will be 5 Years. Date of ONGC’s readiness to supply gas 240 days from date of NOA. Bid Validity Period 365 days from the bid date.
Define Fees
| Fee Type | Is Applicable | Selection Type | Is Mandatory | Amount | Amount In Words |
|---|---|---|---|---|---|
| EMD Fees | Yes | Item Wise | Yes |
|
|
| No. Of EMD BGs | Yes | 12 | |||
Sealed Bid Calendar
| Particular | Start Date & Time | End Date & Time |
|---|---|---|
| Bid Submission | 2024-12-26 11:00:00 | 2025-01-27 17:00:00 |
| Pre-Bid Clarification | 2024-12-26 11:00:01 | 2025-01-06 17:00:00 |
| Bid Opening | 2025-01-28 09:30:00 |
Auction Documents
Download All Documents| Document Name | View |
|---|---|
| Auction Notice |
|
| GSA Padra |
|
Documents Required from Vendors/Suppliers
| Sr. No. | Particulars |
|---|---|
| 1 | Registration/ incorporation certificate for companies, Limited Liability Partnerships (LLPs) and Co-operative Societies; or Partnership Deed in case of partnership firms; or a registration certificate issued under the relevant Shops and Establishments Act |
| 2 | Audited financial statements of immediate previous two Financial Years |
| 3 | Valid PAN and GST (as applicable) registration certificate. Provided that in the case of bidders which are newly formed and have applied for PAN, such bidders will have to submit documentation as proof of submission of such application for PAN, at the tim |
| 4 | Security Deposit as per Clause 5.2 |
| 5 | Power of Attorney / Board Resolution in the name of the authorized representative of the bidder |
| 6 | Declarations/Undertakings etc., mentioned under section B (including Integrity Pact duly signed & witnessed) |
| 7 | Register of the present directors, shareholders of the company (in case the bidder is in the nature of a company incorporated under the Companies Act); list of present partners in case of a Limited Liability Partnership and Partnership firms. |
| 8 | Bidders who are registered under Gujarat VAT laws, they are required to submit undertaking (attached at Appendix 20) along with VAT Registration Certificate so that invoices are raised by ONGC accordingly. Bidders who are not registered under Gujarat VAT |
| 9 | Scanned copy of Integrity Pact (attached at Appendix 19) duly signed on all the pages by the same signatory who is duly authorised to sign the bid digitally shall be uploaded with Techno-Commercial Bid |
| 10 | Bidders, as part of the Techno-Commercial Bid, will submit the all declarations (Appendix 1 to Appendix 19) as per the pro-forma provided in Section B of this RFP |
Terms & Conditions
Terms & Conditions will be as per the RFP & GSA. |