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India Oil and Gas Product and Equipment Tenders and Bids

Get access to latest India oil gas products equipment tenders and bids. Find business opportunities and government contracts for India oil gas tenders, global oil tenders, global gas tenders, India drilling tenders, India fuel tenders, lubricant tenders, natural gas tenders, India petrol tenders, India diesel tenders, India lpg tenders, oilfield tenders, refinery tenders, onshore tenders, offshore tenders. Find India oil gas products equipment tenders, bids, procurement, RFPs, RFQs, ICBs. The economy of India is a middle income developing market economy. It is the world's sixth-largest economy by nominal GDP and the third-largest by purchasing power parity. The long-term growth perspective of the Indian economy remains positive due to its young population and corresponding low dependency ratio, healthy savings, and investment rates, increasing globalisation in India and integration into the global economy. Nearly 70% of India's GDP is driven by domestic private consumption. The country remains the world's sixth-largest consumer market. Apart from private consumption, India's GDP is also fueled by government spending, investment, and exports. In 2020, India's ten largest trading partners were the United States, China, the United Arab Emirates, Saudi Arabia, Switzerland, Germany, Hong Kong, Indonesia, South Korea, and Malaysia. In 2019–20, the foreign direct investment in India was $74.4 billion. The leading sectors for FDI inflows were the service sector, the computer industry, and the telecom industry. The service sector makes up 50% of GDP and remains the fastest growing sector, while the industrial sector and the agricultural sector employs a majority of the labor force. India is the world's largest manufacturer of generic drugs, and its pharmaceutical sector fulfills over 50% of the global demand for vaccines. The Indian IT industry is a major exporter of IT services with $191 billion in revenue and employs over four million people. India's chemical industry is extremely diversified and estimated at $178 billion. The tourism industry contributes about 9.2% of India's GDP and employs over 42 million people. India ranks second globally in food and agricultural production, while agricultural exports were $35.09 billion. The construction and real estate sector ranks third among the 14 major sectors in terms of direct, indirect, and induced effects in all sectors of the economy. The Indian textiles industry is estimated at $100 billion and contributes 13% of industrial output and 2.3% of India's GDP while employs over 45 million people directly. India's telecommunication industry is the world's second largest by the number of mobile phone, smartphone, and internet users. It is the world's 23th-largest oil producer and the third-largest oil consumer. The Indian automobile industry is the world's fifth-largest by production. India has the world's fourth-largest natural resources, with the mining sector contributing 11% of the country's industrial GDP and 2.5% of total GDP. It is also the world's second-largest coal producer, the second-largest cement producer, the second-largest steel producer, and the third-largest electricity producer. Petroleum, also known as crude oil and oil, is a naturally occurring, yellowish-black liquid found in geological formations. It is commonly refined into various fuels and chemicals. Components of petroleum are separated by means of distillation. Petroleum mainly consists of hydrocarbons as well as traces of other organic compounds. The name petroleum covers both naturally occurring unprocessed crude oil and petroleum products that are made up of refined crude oil. A fossil fuel, petroleum is formed when large quantities of dead organisms, mostly zooplankton and algae, are buried underneath sedimentary rock and subjected to both prolonged heat and pressure. Fuel oil (also known as heavy oil, marine fuel, bunker, furnace oil, or gasoil) is a fraction obtained from the distillation of petroleum (crude oil). It includes distillates (the lighter fractions) and residues (the heavier fractions). Oil has many uses; it heats homes and businesses and fuels trucks, ships, and some cars. A small amount of electricity is produced by diesel, but it is more polluting and more expensive than natural gas. It is often used as a backup fuel for peaking power plants in case the supply of natural gas is interrupted or as the main fuel for small electrical generators.

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Invitation to tender

An invitation to tender (ITT, otherwise known as a call for bids or a request for tenders) is a formal, structured procedure for generating competing offers from different potential suppliers or contractors looking to obtain an award of business activity in works, supply, or service contracts, often from companies who have been previously assessed for suitability by means of a supplier questionnaire (SQ) or pre-qualification questionnaire (PQQ).

The term "notice inviting tenders" (NIT) is often used in purchasing in India.

An ITT differs from a request for quotation (RFQ) or a request for proposal (RFP), in which case other reasons (technology used, quality) might cause or allow choice of the second best offer. An RFP is a request for a price from a buyer but the buyer would also expect suggestions and ideas on how the project work should be done. RFPs are thus focused on more than just pricing/cost, they entail a bit of consulting from the contractor or vendor. The closest equivalent to an ITT in the mainstream private sector is an RFP which, since public money is not involved, typically has a less rigid structure.

Typology

Open tenders, open calls for tenders, or advertised tenders are open to all vendors or contractors who can guarantee performance.
Restricted tenders, restricted calls for tenders, or invited tenders are only open to selected pre-qualified vendors or contractors. The tender stage may form part of a two-stage process, the first stage of which (as in the expression-of-interest (EOI) tender call) was itself advertised, resulting in a shortlist of selected suitable vendors.
Sole source tenders, where only one potential supplier is invited to submit a tender.

The reasons for using restricted tenders differ in scope and purpose. Restricted tenders can come about because of:
- confidentiality issues (such as in military contracts)
- the need for expeditiousness (as in emergency situations)
- a need to exclude tenderers who do not have the financial or technical capabilities to fulfill the requirements.

A sole source tender may be used where there is essentially only one suitable supplier of the services or product.

Other types of proposal and terms in use include:
EOI - expression of interest
IFB - invitation for bids
ITN - Invitation to negotiate
ITV - invitation to vendors
RFA - request for applications
RFD - request for documentation
RFI - request for information
RFO - request for offers
RFP - request for proposal
RFQ - request for quotation or request for qualifications
RFS - request for services

The online tender process typically involves the following steps:

Publication of tender notice: The procurement agency publishes the tender notice on their website and other online platforms.
Bid submission: Suppliers access the tender documents online, prepare their bids, and submit them electronically before the deadline.
Bid evaluation: The procurement agency evaluates the bids electronically based on the evaluation criteria specified in the tender documents.
Contract award: The contract is awarded to the successful bidder, and the procurement agency notifies all bidders of the outcome.

Note that the tender process may vary depending on the procurement agency and the type of tender. Therefore, it is essential to carefully review the tender documents and follow the instructions provided.

Some portion of this article uses material from the Wikipedia article "Invitation to tender", which is released under the Creative Commons Attribution-Share-Alike License 3.0. Tags: India Oil and Gas Product and Equipment Tenders, India Oil and Gas Product and Equipment Bids, India Oil and Gas Product and Equipment Global Tenders, India Oil and Gas Product and Equipment International Tenders, RFPs, RFQs, EOI, ICBs, Contract awards.
Summary:
Welding And Gas Cutting Equipments
Country:
India
 
Notice Type:
Tender Notice
Deadline:
03 Apr 2024
Posting Date:
27 Mar 2024
 
 
 
Summary:
Supply Installation Testing And Commissioning Of Central Heating System With Heat Pump And Standby Electric Diesel Boiler At High Court Guest House Leh Ut Ladakh.
Country:
India
 
Notice Type:
Tender Notice
Deadline:
09 Apr 2024
Posting Date:
27 Mar 2024
 
 
 
Summary:
Supply Of Liquified Petroleum Gas
Country:
India
 
Notice Type:
Tender Notice
Deadline:
04 Apr 2024
Posting Date:
27 Mar 2024
 
 
 
Summary:
One No.Of Diesel Vehicle On Hire Basis (For 12 Months) For Executive Engineer, Electricity Distribution Division- I, Maharajganj
Country:
India
 
Notice Type:
Tender Notice
Deadline:
01 Apr 2024
Posting Date:
27 Mar 2024
 
 
 
Summary:
Hiring Of Diesel Vehicle Maxi Cab(At Least 7 Seater) For Site Inspection Vanue Of Capf Personnel At Alipurduar-I, Falakata And Madarihat-Birpara Block Of General Loksabha Election, 2024 Under Alipurduar Division, Phe Dte
Country:
India
 
Notice Type:
Tender Notice
Deadline:
04 Apr 2024
Posting Date:
27 Mar 2024
 
 
 
Summary:
Hiring Of Diesel Vehicle Maxi Cab(At Least 7 Seater) For Site Inspection Vanue Of Capf Personnel At Alipurduar-Ii, Kumargram And Kalchini Block Of General Loksabha Election, 2024 Under Alipurduar Division, Phe Dte.
Country:
India
 
Notice Type:
Tender Notice
Deadline:
04 Apr 2024
Posting Date:
27 Mar 2024
 
 
 
Summary:
Annual Maintenance Contract For Siemens Make Plc Systems In Panipat Refinery For A Period Of 2 Years
Country:
India
 
Notice Type:
Tender Notice
Deadline:
10 Apr 2024
Posting Date:
27 Mar 2024
 
 
 
Summary:
Procurement Of Di Package For Ultra Kb Series-Crankcase Oils (St 1567)
Country:
India
 
Notice Type:
Tender Notice
Deadline:
03 Apr 2024
Posting Date:
27 Mar 2024
 
 
 
Summary:
Design, Engineering Etc. For City Gas Distribution ( Cgd) Project Of Gail ( India ) Limited At Six Different Locations
Country:
India
 
Notice Type:
Tender Notice
Deadline:
18 Apr 2024
Posting Date:
27 Mar 2024
 
 
 
Summary:
Spares Of Fuel Injection Systems Of Allen Engines Of Wrpl And Erpl
Country:
India
 
Notice Type:
Tender Notice
Deadline:
10 Apr 2024
Posting Date:
27 Mar 2024