December 6, 2022 Update: MPMRCL has issued LOA to JSPL with a contract value of Rs. 138,64,71,000.00
November 19 2022 Original Post: Jindal Steel & Power Ltd. (JSPL) in late October emerged as the lowest bidder to supply 18m long head hardened rails for Indore Metro and Bhopal Metro’s Phase 1 projects.
Madhya Pradesh Metro Rail Corporation Ltd. (MPMRCL) had invited tenders for this contract (Package BHIN03B) in February with a 1022 day (3 year) deadline and unknown estimate.
Technical bids were opened in July to reveal 2 bidders – JSPL and Mitsui & Co. Ltd. During evaluation, which concluded on October 15, Mitsui’s technical bid was found to not be compliant with the tender’s conditions.
JSPL’s Financial Bid: Rs. 138,64,71,000 (138.64 crore)
Brief Scope: Supply of Head Hardened Rails 18 m long UIC 60 60E1 profile IRST 12 2009 1080 Grade HH Class A 8120MT for Bhopal and 8425MT for Indore for Bhopal Metro Rail Project and Indore Metro Rail Project
MPMRCL’s estimate is unknown to me, so I can’t provide an assessment on the chance of a LOA getting issued to JSPL.
If awarded, here’s the delivery schedule MPMRCL would like them to adhere to. There’s an urgent requirement (2nd bullet) listed for each project’s priority corridor.
- Total Requirement: 8120 MT
- Supply of 2000 MT (Lot No.2.1.1): 4-5 months
- Supply of 4500 MT (Lot No.2.1.2): 18-20 months
- Supply of 1620 MT (Lot No.2.1.3): 30-34 months
- Total Requirement: 8425 MT
- Supply of 4500 MT (Lot No.2.2.1): 4-5 months
- Supply of 1500 MT (Lot No.2.2.2): 18-19 months
- Supply of 2425 MT (Lot No.2.2.3): 30-34 months
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