Events Details

Header Details

  • Number- 9
Company
Oil and Natural Gas Corporation Limited
Department
ONGC VAP
Name
e-Tender against RFQ No - ONGC/NIO/NAPHTHA/RJY/02 for sale 1600 MT of Naphtha exTatipaka Refinery
Description
e-Tender against RFQ No - ONGC/NIO/NAPHTHA/RJY/02 for sale 1600 MT of Naphtha exTatipaka Refinery of ONGC
 
Base Currency
INR
Auction Type
Forward Auction
 
 
 
 
Remarks
The EMD amount of Rs 3671208  is only indicative for quoted quantity of 250 MT of Naphtha. Bidders to ensure EMD amount is according to the quoted quantity by them as as per calculations in the Tender
 

Price Parameters

Pricing Term

Per Unit
Number of Decimals Allowed in Price
2
 
Opening Price As Bid Starting Price
Yes
First Bid Period Applicable
No
Allocated Price Tie Not Allowed
Not Applicable
Price increase with volume
Not Applicable
Sealed Bid in Multiple of Increment Value
Valume
Is dsc Applicable?

Yes

Display Parameters

Anonymity To Auctioneer
Yes
 

Added Items

Tatipaka Refinery                2 years with provision for extension by more 1 year under the same T&Cs;
Sr. No. Item Name Category Description Quantity / UOM Min Quantity Max Quantity Opening Premium Over Reserve Price
(Rs./MT)
Quantity Increment
1 Naphtha Naphtha SALE OF NAPHTHA FROM ONGC RAJAHMUNDRY ASSET 1600.00 / MT 250.00 1600.00 0.01 50.00
Note:- Reserve Price will be Applicable RTP of Naphtha ex Vizag (Fertilizer/Non Fertilizer as Applicable) plus Rs. 7605/MT. Bid Validity Up to 210 days from the date of Publishing of NIO. " The EMD amount of Rs 3671208  is only indicative for quoted quantity of 250 MT of Naphtha. Bidders to ensure EMD amount is according to the quoted quantity by them as as per calculations in the Tender Document. "

Define Fees

Fee Type Is Applicable Selection Type Is Mandatory Amount Amount In Words
Processing Fees No No 0.00
Document Fees No No 0.00
EMD Fees Yes Auction Wise Yes 3671208.00
No. Of EMD BGs No -

Sealed Bid Calendar

Particular Start Date & Time End Date & Time
Bid Submission 2024-12-24 11:00:00 2025-01-15 14:00:00
Pre-Bid Clarification 2024-12-24 11:00:00 2024-12-31 17:00:00
Bid Opening 2025-01-15 15:00:00

Auction Documents

Download All Documents
Document Name View
E-Tendor Notice

Documents Required from Vendors/Suppliers

Sr. No. Particulars
1 Bid submission pro-forma
2 Bid Document Acknowledgement form
3 Bid submission Agreement Pro-forma
4 Confirmations to be given by bidders
5 Pro-forma certificate on relatives of directors of ONGC to be submitted
6 Authorization letter for attending bid opening
7 Check List
8 Undertaking regarding Naphtha price quotation
9 Undertaking regarding payment of revised Naphtha price
10 Undertaking regarding Fraud Prevention Policy of ONGC
11 Confirmation regarding invoking of Security Deposit(s)
12 Pro-forma for Bank Guarantee towards Security Deposit(SD)
13 Pro-forma for Letter of Credit (L/C) towards Security Deposit(SD)
14 Format For Undertaking To Attend Pre-Bid Conference
15 Certificate of Compliance
16 Undertaking regarding providing Security Deposit by way of Bank Transfer
17 Undertaking regarding providing Payment Security by way of Bank Transfer
18 Undertaking regarding adherence to Naphtha (Acquisition, Sale, Storage and Prevention of use in Automobile) Amendment Order, 2000 subsequent amendments
19 Bid/Application Format , Schedule-A
20 Bid/Application Format , Schedule-B
21 Bid Evaluation Criteria, Schedule-C
22 Indicative specification of Naphtha , Schedule -D
23 Model Contract /Termsheet Schedule , Schedule - E
24 Operating procedures , Schedule – F
25 Proforma for letter of credit for Payment Security Deposit , Schedule – G
26 Pro-forma of integrity pact , Schedule –H
27 Indemnity bond , Schedule – I
28 Undertaking ,Schedule – J
29 Sample calculation of Bid Security Amount , Schedule – K
30 Instructions for the Bidding portal , Schedule – L

Terms & Conditions

Terms & Conditions will be as per the RFP.