Introduction - POWER GRID Corporation OF INDIA Limited

The eligibility requirements include being a registered entity, possessing experience in similar power sector projects, and demonstrating financial stability through recent financial statements. Entities must also comply with any regulatory requirements and present proof of their operational capabilities.

To participate, entities must submit several required certificates, including a valid business license, GST registration, compliance certificates specific to industry standards, and proof of payment for the Earnest Money Deposit (EMD). These documents must be current and accurately reflect the bidder’s eligibility.

The registration process for participating in the tender involves signing up on the government e-procurement portal. Bidders must complete their profile, provide necessary documentation, and ensure they meet all eligibility and compliance requirements before submitting bids.

The payment terms will be detailed within the tender documents and typically include milestones for project completion, conditions for progress payments, and final settlement upon successful delivery and completion of the work stipulated under this tender.

The tender incorporates special provisions for MSEs to encourage their participation. Benefits may include reduced EMD amounts, priority in evaluation, and often simplified compliance regulations, promoting their role in enhancing local economic development and contributing to the power sector efficiency.