Insulation Works for CDW Unit of EPCM 03 P25 Project at Panipat Refinery and Petrochemical Complex 2 Location CDW Unit under EPCM 3 for P25 project at Panipat Refinery and Petrochemical Complex, Panipat, Haryana.

Indian Oil Corporation eProcurement portal Created By: BARGOTI SANJEEV KUMAR Created Date/Time: 17-Nov-2025 01:23 PM Tender Title: Insulation Works for CDW Unit of EPCM 03 P25 Project at Panipat Refinery and Petrochemical Complex 2 Location CDW Unit under EPCM 3 for P25 project at Panipat Refinery and Petrochemical Complex, Panipat, Haryana. Tender ID: 2025_PR_186987_1

Tender Inviting Authority: Dy General Manager (Contracts), Panipat Refinery.

Name of Work: Insulation Works for CDW Unit of EPCM-03 (P25) Project" at Panipat Refinery & Petrochemical Complex 2. Location: CDW Unit under EPCM-3 for P-25 project at Panipat Refinery and Petrochemical Complex, Panipat, Haryana.

Contract No: RPRC252306

SCHEDULE OF WORK / ITEM(S)

Sl.No Bidder Name Estimated Rate Quoted Percentage Quoted Rate in Figures and Words (Iteration 0)

1.00 LLOYD INSULATIONS INDIA LIMITED (GSTN-06AAACL0486E1ZT) BID ID -1094598 36116589.38 4.14 44381943.09 Four Crore Fourty Three Lakh Eighty One Thousand Nine Hundred and Fourty Three

2.00 HINDUSTAN INDUSTRIAL SERVICES (GSTN-09BDIPA1826L1ZJ) BID ID -1095023 36116589.38 20.00 51141090.56 Five Crore Eleven Lakh Fourty One Thousand Ninty

3.00 KALINGA INSULATION (GSTN-21AALFK5183H1ZB) BID ID -1095134 36116589.38 24.33 52986431.58 Five Crore Twenty Nine Lakh Eighty Six Thousand Four Hundred and Thirty One

4.00 shree thermocare pvt ltd (GSTN-27AAPCS0736H1Z4) BID ID -1095136 36116589.38 5.12 44799595.33 Four Crore Fourty Seven Lakh Ninty Nine Thousand Five Hundred and Ninty Five

Comparative Chart(eAuction)

Sl.No Bidder Name Auction Start Price Quoted Rate in Figures and Words (Iteration 0)

Bidder Price Amount in Words

1 LLOYD INSULATIONS INDIA LIMITED (BID ID -1094598) 44381943.00 33381943.00 Three Crore Thirty Three Lakh Eighty One Thousand Nine Hundred and Fourty Three

2 shree thermocare pvt ltd (BID ID -1095136) 44381943.00 Not Quoted Not Quoted

3 KALINGA INSULATION (BID ID -1095134) 44381943.00 Not Quoted Not Quoted

4 HINDUSTAN INDUSTRIAL SERVICES (BID ID -1095023) 44381943.00 33181943.00 Three Crore Thirty One Lakh Eighty One Thousand Nine Hundred and Fourty Three

Lowest Amount Quoted BY: HINDUSTAN INDUSTRIAL SERVICES(33181943.00)

BOQ Summary Details Tender Title: Insulation Works for CDW Unit of EPCM 03 P25 Project at Panipat Refinery and Petrochemical Complex 2 Location CDW Unit under EPCM 3 for P25 project at Panipat Refinery and Petrochemical Complex, Panipat, Haryana. Tender ID: 2025_PR_186987_1

Sheet Name Sl.No Bidder Name Amount Bid Rank

BoQ1 1 LLOYD INSULATIONS INDIA LIMITED (BID ID -1094598) 44381943.09 L1

2 shree thermocare pvt ltd (BID ID -1095136) 44799595.33 L2

3 HINDUSTAN INDUSTRIAL SERVICES (BID ID -1095023) 51141090.56 L3

4 KALINGA INSULATION (BID ID -1095134) 52986431.58 L4

Preferential Bidder Non-Itemwise BOQ Summary Details Tender Title: Insulation Works for CDW Unit of EPCM 03 P25 Project at Panipat Refinery and Petrochemical Complex 2 Location CDW Unit under EPCM 3 for P25 project at Panipat Refinery and Petrochemical Complex, Panipat, Haryana. Tender ID: 2025_PR_186987_1

Sheet Name Sl.No Bidder Name Amount Difference Amount from L1 Difference Percentage from L1 Tolerance Percentage Preference Category

BoQ1 1 LLOYD INSULATIONS INDIA LIMITED (BID ID -1094598) 44381943.09

2 shree thermocare pvt ltd (BID ID -1095136) 44799595.33 417652.24 .94% 20.00% PPP-MII Order 2017

3 HINDUSTAN INDUSTRIAL SERVICES (BID ID -1095023) 51141090.56 6759147.47 15.23% 20.00% PPP-MII Order 2017

4 KALINGA INSULATION (BID ID -1095134) 52986431.58 8604488.49 19.39% 20.00% PPP-MII Order 2017