Events Details

Header Details

  • Number- 39
Company
OILMAX ENERGY PRIVATE LIMITED
Department
OILMAX ENERGY PRIVATE LIMITED
Name
e-Auction for sale of natural gas produced from Tiphuk field, Oilmax Energy Private Limited.
Description
e-Auction for sale of natural gas produced from Tiphuk field, Oilmax Energy Private Limited.
 
Base Currency
USD
Auction Type
Forward Auction
 
 
 
 
Remarks
--
 

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
Bid Time
Is Staggered Applicable?
No
 

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: 60 Mins)
Allocated Price Tie Not Allowed
Applicable
Price increase with volume
Not Applicable
Sealed Bid in Multiple of Increment Value
Not Applicable
Is dsc Applicable?

Yes
Check For Bidder's Bid Quantity
Last Bid Quantity

Display Parameters

Anonymity To Auctioneer
Yes
 

Added Items

Sr. No. Item Name Category Description Quantity / UOM Min Quantity Max Quantity Opening Premium Over Reserve Price
(USD/MMBTU)		 Price Increment
1 Option 1: For offtake of rich and lean Gas, Delivery Point shall be the fiscal meter (Custody Transf Option 1: For offtake of rich and lean Gas, Delivery Point shall be the fiscal meter (Custody Transfer Meter) installed by the Sellers at gas pipeline hook-up point located at Brahmaputra Crackers and Polymers Limited (BCPL) inlet at Lakwa Rajgarh Road, Lai Cheng Gaon. 50000.00 / SCMD 50000.00 50000.00 0.05 0.05
2 Option 2: For offtake of only Rich Gas, Delivery Point shall be the fiscal meter (Custody Transfer M Option 2: For offtake of only Rich Gas, Delivery Point shall be the fiscal meter (Custody Transfer Meter) installed by the Sellers at gas pipeline hook-up point located at Brahmaputra Crackers and Polymers Limited (BCPL) inlet at Lakwa Rajgarh Road, Lai Cheng Gaon. Re Delivery Point for lean Gas shall be outlet flange of Brahmaputra Crackers and Polymers Limited (BCPL) at Lakwa Rajgarh Road, Lai Cheng Gaon. 50000.00 / SCMD 50000.00 50000.00 0.05 0.05
3 Option 3: For offtake of only lean Gas at Delivery Point or Re Delivery Point Option 3: For offtake of only lean Gas at Delivery Point or Re Delivery Point 50000.00 / SCMD 50000.00 50000.00 0.05 0.05
Sales Gas Quantity offered : Year 1 (first 3 months): 28,000 SCMD , Year 1 (balance months): 50,000 SCMD , Year 2 onwards: 1,00,000 SCMD , Refer Gas specifications attached as part of GSPA., Rich Gas refers to C2+ components. % of rich Gas for blended Gas is assumed at 7% for quantitative purpose. , For the purpose of E-BIDDING the portal will reflect entire quantity allocation under each option. However ,the final allocation of quantity will be determined as per procedure detailed hence forth in this RFP.

Define Fees

Fee Type Is Applicable Selection Type Is Mandatory Amount Amount In Words
Processing Fees No No 0.00
Tender Fees No No 0.00
EMD Fees Yes Auction Wise Yes 1000000.00
No. Of EMD BGs No -

Sealed Bid Calendar

Particular Start Date & Time End Date & Time
Bid Submission 2025-08-21 10:00:00 2025-09-16 17:00:00
Pre-Bid Clarification 2025-08-21 10:00:01 2025-08-29 17:00:00
Bid Opening 2025-09-17 08:15:00

Auction Documents

Download All Documents
Document Name View
Auction Notice

Documents Required from Vendors/Suppliers

Sr. No. Particulars
1 Registration / incorporation certificate for companies, LLPs and Co-operative societies or Partnership Deed in case of partnership firms
2 Register of directors and shareholders of the company
3 PAN and VAT/CST/GST (as applicable) certificate
4 Notarized Power of Attorney in the name of authorized representative of the bidder submitting the bid / Board Resolution delegating the authority to the authorized representative certifying its validity till the execution of the GSPA
5 Duly Signed GSPA & RFP and addendums (if any)
6 Documents supporting Bidders eligibility to purchase Natural gas.
7 Signed declarations (In the format, as per Annexure III, 10(a) to 10(c))
8 Financial statements of past 3 years. (In case the bidding entity is a newly formed company, then it can submit the financial statements of its parent company.)
9 Certificate of net worth as issued by the statutory auditor, basis the latest completed Financial Years audited accounts (In the format, as per Annexure III, 10(e))

Terms & Conditions

Terms & Conditions will be as per RFP and GSA.
A bidder may choose any one option, or all three options, for participation in the auction process