Greenglobe Fuel Solutions: Government Tender Performance Analysis

Greenglobe Fuel Solutions Private Limited has begun establishing presence in India's government tender ecosystem with participation in 7 tenders. This initial analysis examines their early tender participation, technical qualification rate, and emerging procurement strategy.

Government Tender Performance Development

Greenglobe Fuel Solutions has achieved 2 L1 positions as the lowest bidder in government tenders, with additional 0 L2 and 0 L3 rankings. With a tender success rate of 28.6% across 7 bids, the company is actively building their government procurement capabilities. These early performance indicators provide valuable insights into their competitive approach and positioning in the public sector procurement landscape.

Notably, Greenglobe Fuel Solutions has demonstrated capability in high-value government contracts, participating in 5 major procurement projects. This experience with premium government tenders indicates their capacity to handle significant public sector work and complex project requirements.

Financial Performance in Government Tenders

Greenglobe Fuel Solutions has bid on contracts with a total value of ₹,36,57,49,566.0, successfully securing ₹,36,57,49,566.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

The company's average Earnest Money Deposit (EMD) of ₹,10,85,000.0 indicates their financial capacity to participate in substantial government tenders requiring significant bid security.