Limited E-tender Notice for Rammam Hydel Power Project Insurance of Wbsedcl 2026-27
Tender Description
AS PER NIT
Tender Specifications & Timeline
16 FieldsAward of Contract (AOC) Details
Awardee / Contractor
THE NEW INDIA ASSURANCE CO LTD
Award Date: 02-Oct-2026
Completion Period: 365 Days
Contract Financials & Scope
INR 13,241,636
LOA for Insurance of Rammam Hydel Project, Stage II of WBSEDCL situated at District Darjeeling for the year 2026-27
Contract Award Info Updated 30-Sep-2026 03:32 PM by SANTANU BHATTACHARJEE
Total Bidders
7
Winning Bid (L1)
₹1.32 Cr
Estimated Value (PAC)
₹305.53 Cr
Margin vs Estimate
—
L1 to L2 Spread
+38.41%
Completion Period
365 days
AOC Award Date
02-Oct-2026
| Rank | Bidder / Contractor | Quoted Bid | Gap vs L1 | vs Estimate | Status |
|---|---|---|---|---|---|
| L1 | THE NEW INDIA ASSURANCE CO LTD#8416312 | ₹1.32 Cr | 0.0% (L1) | — | Awarded |
| L2 | United India Insurance Co Ltd#8416512 | ₹1.83 Cr | +38.41% | Rejected-Fin | Rejected-Fin |
| L3 | ₹2.14 Cr | +61.42% | Rejected-Fin | Rejected-Fin | |
| L4 | ₹4.50 Cr | +239.96% | Rejected-Fin | Rejected-Fin | |
| L5 | ₹7.11 Cr | +437.12% | Rejected-Fin | Rejected-Fin | |
| L6 | ₹7.65 Cr | +477.93% | Rejected-Fin | Rejected-Fin | |
| DQ | — | — | Rejected-Tech | Rejected-Tech |
This tender covers limited E-tender Notice for Rammam Hydel Power Project Insurance of Wbsedcl 2026-27, issued by West Bengal State Electricity Distribution Co. Ltd under reference LIMITED E-TENDER NOTICE NO INS-09/2026-27/RHP/241. The estimated contract value is ₹305.53 Cr, and the tender is currently Expired. Following contract finalisation, the work has been awarded to THE NEW INDIA ASSURANCE CO LTD for a total value of ₹1.32 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 AS PER NIT. Vendors interested in similar opportunities can browse other tenders from the same issuing organisation below.
AS PER NIT TERMS SL NO 27
AS PER NIT TERMS SL NO 27
NIL DEVIATIONS IN TECH BID
AS PER NIT TERMS SL NO 27
As per revised quoted premium through mail dated 29.09.2026
AS PER NIT TERMS SL NO 27
AS PER NIT TERMS SL NO 27
| Bidder | Submitted On | Status | Fin. Value | Rank | Remarks / Logs |
|---|---|---|---|---|---|
Generali Central Insurance Company Limited #8416521 | 07-Sep-2026 01:03 PM | Rejected-Finance Updated: 30-Sep-2026 03:25 PM | 4,50,16,268.46 | L4 | AS PER NIT TERMS SL NO 27 |
IFFCO Tokio General Insurance Co. Ltd. #8416563 | 07-Sep-2026 01:21 PM | Rejected-Finance Updated: 30-Sep-2026 03:25 PM | 7,11,23,666.88 | L5 | AS PER NIT TERMS SL NO 27 |
Reliance General Insurance Company Limited #8416586 | 07-Sep-2026 01:33 PM | Rejected-Technical Updated: 10-Sep-2026 01:33 PM | — | — | NIL DEVIATIONS IN TECH BID |
SBI GENERAL INSURANCE COMPANY LIMITED #8416593 | 07-Sep-2026 01:35 PM | Rejected-Finance Updated: 30-Sep-2026 03:25 PM | 7,65,28,013.69 | L6 | AS PER NIT TERMS SL NO 27 |
THE NEW INDIA ASSURANCE CO LTD #8416312 | 07-Sep-2026 08:46 AM | Accepted-AOC Updated: 30-Sep-2026 03:32 PM | 1,32,41,636.00 | L1 | As per revised quoted premium through mail dated 29.09.2026 |
THE ORIENTAL INSURANCE COMPANY LIMITED #8416627 | 07-Sep-2026 01:47 PM | Rejected-Finance Updated: 30-Sep-2026 03:25 PM | 2,13,75,061.46 | L3 | AS PER NIT TERMS SL NO 27 |
United India Insurance Co Ltd #8416512 | 07-Sep-2026 01:14 PM | Rejected-Finance Updated: 30-Sep-2026 03:25 PM | 1,83,28,175.28 | L2 | AS PER NIT TERMS SL NO 27 |
Bid Evaluation Details & Logs
technical bid opening
Date: 09-Sep-2026 02:31 PM
Officer: SANTANU BHATTACHARJEE
TECH BID OPENING SUMMARY RHP 2026
technical evaluation
Date: 10-Sep-2026 01:33 PM
Officer: SANTANU BHATTACHARJEE
finance bid opening
Date: 10-Sep-2026 01:46 PM
Officer: SANTANU BHATTACHARJEE
FINANCIAL BID OPENING SUMMARY
finance evaluation
Date: 30-Sep-2026 03:25 PM
Officer: SANTANU BHATTACHARJEE
About This Procurement Notice
This West Bengal state government tender was issued by West Bengal State Electricity Distribution Co. Ltd. The estimated contract value is ₹305.53 Cr. Bids must be submitted by 07-Sep-2026 02:00 PM.
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Frequently Asked Questions
- QWhat is the status of the tender "Limited E-tender Notice for Rammam Hydel Power Project Insurance of Wbsedcl 2026"?
- The current status of this tender is "Expired". The submission deadline is 07-Sep-2026 02:00 PM. This information is sourced from official government procurement portals.
- QWho issued this West Bengal government tender?
- This tender was issued by West Bengal State Electricity Distribution Co. Ltd. The reference number is LIMITED E-TENDER NOTICE NO INS-09/2026-27/RHP/241. It is a West Bengal state government procurement notice.
- QWhat is the estimated value of this tender?
- The estimated tender value is ₹305.53 Cr. This is the approximate contract value as disclosed in the official tender document.
- QWho won the contract for this tender?
- The contract for "Limited E-tender Notice for Rammam Hydel Power Project Insurance of Wbsedcl 2026-27" has been awarded to THE NEW INDIA ASSURANCE CO LTD with an awarded contract value of ₹1.32 Cr.
- QWhat is the final awarded contract value?
- The final awarded contract value is ₹1.32 Cr (99.57% below the estimated PAC of ₹305.53 Cr).