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| # | Schedule | Awarded To | Bids | Value |
|---|---|---|---|---|
| 1 | Schedule 1 | PANAMA PETROCHEM LIMITED | 4 | ₹46.4 Cr |
| 2 | Schedule 2 | PANAMA PETROCHEM LIMITED | 4 | ₹46.4 Cr |
| 3 | Schedule 3 | PANAMA PETROCHEM LIMITED | 4 | ₹46.4 Cr |
Tender Value
₹15.3 Cr
EMD Value
Exempted
Closing Date
27 Jul 2026, 5:00 pmClosed
Procurement of 1
000 MT of API Group II 2 Cst base Oil in Bulk
LBP Taloja
LBP Manali
LBP Silvassa
9540522
GEM/2026/B/7728475
Two Packet Bid
Procurement of 1, 000 MT of API Group II 2 Cst base Oil in Bulk, LBP Taloja,Procurement of 1, 000 M
GeM Contract
Maharashtra; Mumbai Suburban, Maharashtra; Dadra And Nagar Haveli
Item wise evaluation
PRODUCT_CUSTOM
Awarded to PANAMA PETROCHEM LIMITED
₹15.3 Cr
| Product | Brand / Model | HSN | Quantity | Unit Price | Amount |
|---|---|---|---|---|---|
| Procurement of 1, 000 MT of API Group II 2 Cst base Oil in Bulk, LBP Silvassa | PANAMA PETROCHEM LTD / API Group II 2 Cst base Oil | HSN not specified by seller | 1,000 metric tonne | 153,317 | 153,317,000 |
Awarded to PANAMA PETROCHEM LIMITED
₹15.8 Cr
| Product | Brand / Model | HSN | Quantity | Unit Price | Amount |
|---|---|---|---|---|---|
| Procurement of 1, 000 MT of API Group II 2 Cst base Oil in Bulk, LBP Manali | PANAMA PETROCHEM LTD / API Group II 2 Cst base Oil | HSN not specified by seller | 1,000 metric tonne | 157,919 | 157,919,000 |
Awarded to PANAMA PETROCHEM LIMITED
₹15.3 Cr
| Product | Brand / Model | HSN | Quantity | Unit Price | Amount |
|---|---|---|---|---|---|
| Procurement of 1, 000 MT of API Group II 2 Cst base Oil in Bulk, LBP Taloja | PANAMA PETROCHEM LTD / API Group II 2 Cst base Oil | HSN not specified by seller | 1,000 metric tonne | 152,717 | 152,717,000 |
4 documents required · 4 mandatory
| Item | Delivery Location | Qty | Delivery |
|---|---|---|---|
| Procurement of 1 | - | - | - |
| 000 MT of API Group II 2 Cst base Oil in Bulk | - | - | - |
| LBP Taloja | - | - | - |
| LBP Manali | - | - | - |
| LBP Silvassa | - | - | - |
GENERAL MANAGER (L-HP), MARKETING DIVISION HEAD OFFICE, INDIAN OIL CORPORATION LIMITED, INDIAN OIL Corporation Limited, Ministry, of Petroleum and Natural Gas, (S Ravikumar)
Exempted
Yes
13 Aug 2026
9 Jul 2026
27 Jul 2026
contract_GEMC-511687752617914.pdf
GEM_CONTRACT • 0.12 MB
contract_GEMC-511687722946957.pdf
GEM_CONTRACT
contract_GEMC-511687734820335.pdf
GEM_CONTRACT
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bid_9540522.pdf
GEM_BID • 0.12 MB
specification_2026-06-30-19-35-15_6287239d0356ccf3a93484c4a8a3e790.pdf
GEM_SPEC • 0.09 MB
specification_2026-06-30-19-33-57_fe49834bc863153d93aa1aa0f92e0281.pdf
GEM_SPEC • 0.09 MB
specification_2026-06-30-19-36-23_51e83308d77c9edab8e30041cc74a048.pdf
GEM_SPEC • 0.09 MB
ATCF_8017dfa6-c037-44ec-90101783589658370_hccbuyer22.pdf
GEM_OTHER • 2.86 MB
gtc.pdf
GEM_OTHER • 0.71 MB
corrigendum_4415547.pdf
PDF • 0.06 MB
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