Tender Title: Procurement of DC to AC Converter
Tender Reference Number: GEM/2025/B/6119894
Issuing Authority: Indian Oil Corporation Limited
Department: Ministry of Petroleum and Natural Gas

Overview

The Procurement of DC to AC Converter tender aims to streamline the acquisition of innovative technology for converting direct current (DC) into alternating current (AC). This initiative is pivotal for enhancing operational efficiencies and supporting various applications within the sector. The tender encompasses the submission of proposals from qualified suppliers who are able to meet the stipulated technical and financial requirements.

Scope of Work and Objectives

The main objective of this tender is to procure five units of high-quality DC to AC converters that meets industry standards and best practices. The selected vendor will be responsible for supplying the converters as per the specifications outlined in the tender documents. Key aspects include:

• Ensuring robust performance under various operational conditions.
• Providing warranties and support services for the duration specified in the contract.
• Compliance with all regulations and safety standards pertinent to the equipment.

Eligibility Criteria

To be eligible for participation in the tender, bidders must meet the following criteria:

• Must be a registered entity in compliance with all relevant local laws.
• Previous experience in supplying similar technology, with comprehensive case studies or project references.
• Technical capabilities demonstrated through past performance and customer satisfaction metrics.

Technical Requirements

Bidders must adhere to the following technical requirements:

• The DC to AC converter must be capable of handling a specified range of input voltages.
• Compatibility with existing electrical systems should be ensured.
• Detailed technical specifications must be provided, including efficiency ratings, safety features, and operational lifespan.

Financial Requirements

Bidders need to submit their financial proposals demonstrating:

• Competitive pricing that includes all costs (delivery, installation, and any additional charges).
• A clear breakdown of the pricing and payment terms.
• Evidence of financial stability, such as recent audit reports.

Document Submission Details

All documentation must be submitted electronically through the designated online portal. The following documents are required:

• Bidder’s profile, including business registration details.
• Technical proposal outlining the product specifications and features.
• Financial proposals as per the prescribed formats.

Special Provisions

The tender encourages participation from Micro, Small, and Medium Enterprises (MSEs) and startups through specific benefits designed to boost their inclusion in the bidding process. Detailed provisions regarding these benefits are outlined in the accompanying tender documentation.

Evaluation Process

The evaluation of submitted bids will be conducted based on a transparent scoring system that assesses:

• Technical Compliance: Adherence to specified requirements.
• Financial Viability: Cost-effectiveness of the proposed solutions.
• Past Performance: Evaluation of previous contracts and client feedback.

Delivery Locations

The successful bidder will be required to deliver the DC to AC converters to specified locations as agreed upon in the final contract.

Contact Information

Potential bidders and interested parties are encouraged to reach out for clarifications or further information through the official channels provided with the tender documentation.