Madhya Pradesh Government TenderExpired

Implementation (Supply, Installation, Integration Operation and Maintenance) of Hybrid ETC System at Various Toll Plazas of MPRDC in the State of MP Package A

Issued by: Madhya Pradesh Road Development Corporation Limited
Location: bhopal

Tender Description

Implementation (Supply, Installation, Integration Operation and Maintenance) of Hybrid ETC System at Various Toll Plazas of MPRDC in the State of MP Package A

Madhya Pradesh Government Tender○ Closed
Ref. No690
Est. Value₹8.38 Cr
Deadline24-Mar-2026 03:30 PM
TypeOpen Tender
bhopal
Published 02-Jan-2026 06:55 PM

Tender Specifications & Timeline

15 Fields
Estimated Value
₹8.38 Cr
Organisation
Madhya Pradesh Road Development Corporation Limited
Reference No.
690
Status
Expired
Location
bhopal
Source
Madhya Pradesh eProcurement
Tender Type
Open Tender
Tender Category
Services
Status Stage
Cancelled
Published Date
02-Jan-2026 06:55 PM
Submission Deadline
24-Mar-2026 03:30 PM
Submission Start
27-Jan-2026 03:30 PM
Bid Opening Date
25-Mar-2026 03:30 PM
Bid Opening Place
Bhopal
Pre-Bid Meeting
09-Jan-2026 03:30 PM
L1 Bidder & Competitor IntelligenceFinancial Evaluation

Total Bidders

7

Lowest Bid (L1)

₹4.80 Cr

Estimated Value (PAC)

₹8.38 Cr

Margin vs Estimate

-42.71%

Lowest Bidder (L1) · Award pending

Accepted-Finance

L1 to L2 Spread

+5.47%

RankBidder / ContractorQuoted BidGap vs L1vs EstimateStatus
L1₹4.80 Cr0.0% (L1)-42.71%Accepted-Finance
NOT L1₹5.06 Cr+5.47%Rejected-FinRejected-Finance
NOT L1₹10.71 Cr+123.12%Rejected-FinRejected-Finance
NOT L1₹10.80 Cr+125.00%Rejected-FinRejected-Finance
NOT L1₹14.84 Cr+209.09%Rejected-FinRejected-Finance
NOT L1₹21.66 Cr+351.28%Rejected-FinRejected-Finance
NOT L1₹23.00 Cr+379.16%Rejected-FinRejected-Finance

This tender covers implementation (Supply, Installation, Integration Operation and Maintenance) of Hybrid ETC System at Various Toll Plazas of MPRDC in the State of MP Package A , issued by Madhya Pradesh Road Development Corporation Limited under reference 690. The estimated contract value is ₹8.38 Cr, and the tender is currently Expired. Under financial bid evaluation, Technovaa Software and Hardware Solution Pvt. Ltd. emerged as the lowest (L1) bidder with a quoted bid amount of ₹4.80 Cr.

This procurement is part of ongoing efforts by central government agencies and public sector undertakings to maintain and upgrade public infrastructure and services in bhopal. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.

Submitted Bids & Bidder Details
COM VISION (INDIA) LIMITED
#1430706
Rejected-Finance
Submitted: 10-Mar-2026 11:54 AM
Fin. Value: 216618300.00
Rank: Not L1
Updated: 13-May-2026 03:40 PM

Not L1

Green Tech Intelligent Transportation System LLP
#1424563
Rejected-Finance
Submitted: 07-Mar-2026 11:14 AM
Fin. Value: 148363040.00
Rank: Not L1
Updated: 13-May-2026 03:40 PM

Not L1

Prakash Asphaltings and Toll Highways India Ltd.
#1426550
Rejected-Finance
Submitted: 11-Feb-2026 10:16 AM
Fin. Value: 230000000.00
Rank: Not L1
Updated: 13-May-2026 03:40 PM

Not L1

Rudra Techno Care LLP
#1436985
Rejected-Finance
Submitted: 07-Mar-2026 06:27 PM
Fin. Value: 107100114.00
Rank: Not L1
Updated: 13-May-2026 03:40 PM

Not L1

Superwave Communication and Infrasolution Private Limited
#1429502
Rejected-Finance
Submitted: 10-Mar-2026 02:21 PM
Fin. Value: 50628600.00
Rank: Not L1
Updated: 13-May-2026 03:40 PM

Not L1

Technovaa Software and Hardware Solution Pvt. Ltd.
#1453175
Accepted-Finance
Submitted: 09-Mar-2026 05:21 PM
Fin. Value: 48000600.00
Rank: L1
Updated: 13-May-2026 03:40 PM

L1

VaaaN Infra Pvt. Ltd.
#1428560
Rejected-Finance
Submitted: 24-Mar-2026 02:18 PM
Fin. Value: 108000120.00
Rank: Not L1
Updated: 13-May-2026 03:40 PM

Not L1

Bid Evaluation Details & Logs

Technical

technical bid opening

Date: 25-Mar-2026 05:05 PM

Officer: Aditya Singh

Bid Opening Summary

technical evaluation

technical evaluation

Date: 29-Apr-2026 06:22 PM

Officer: Aditya Singh

Finance

finance bid opening

Date: 05-May-2026 03:46 PM

Officer: Manoj Kumar Gupta

Bid Opening Summary

finance evaluation

finance evaluation

Date: 13-May-2026 03:40 PM

Officer: Aditya Singh

About This Procurement Notice

This Madhya Pradesh state government tender was issued by Madhya Pradesh Road Development Corporation Limited. The estimated contract value is ₹8.38 Cr. Bids must be submitted by 24-Mar-2026 03:30 PM.

BiharInfraTales aggregates procurement notices from Bihar eProcurement, GeM portal, and central government tender portals. Data is refreshed every 30 minutes. Always verify details on the official portal before submitting a bid.

?

Frequently Asked Questions

QWhat is the status of the tender "Implementation (Supply, Installation, Integration Operation and Maintenance) of "?
The current status of this tender is "Expired". The submission deadline is 24-Mar-2026 03:30 PM. This information is sourced from official government procurement portals.
QWho issued this Madhya Pradesh government tender?
This tender was issued by Madhya Pradesh Road Development Corporation Limited. The reference number is 690. It is a Madhya Pradesh state government procurement notice.
QWhat is the estimated value of this tender?
The estimated tender value is ₹8.38 Cr. This is the approximate contract value as disclosed in the official tender document.
QWho is the lowest (L1) bidder for this tender?
Under financial bid evaluation for "Implementation (Supply, Installation, Integration Operation and Maintenance) of Hybrid ETC System at Various Toll Plazas of MPRDC in the State of MP Package A", Technovaa Software and Hardware Solution Pvt. Ltd. emerged as the lowest (L1) bidder with a quoted bid amount of ₹4.80 Cr. Full bid rankings and vendor comparisons are available on BiharInfraTales.