HPCL e-Tender

About the e-Tendering solution for HPCL

C1 India has rendered its e-Tendering services to one of the leading energy sector organizations, HPCL. Hindustan Petroleum Corporation Limited (HPCL) is a Government of India enterprise with a Navratna Status. Furthermore, it is a Forbes 2000 and Global Fortune 500 company. It had originally been incorporated as a company under the Indian Companies act 1913.

HPCL started e-procurement services with C1 India in April 2007 from Mumbai. The three major departments of HPCL which use C1 India’s e-Tendering application across India are its Marketing department, Mumbai Refinery and Vizag Refinery.

The Result

C1 India has provided a comprehensive e-Tendering solution to suit the requirements of HPCL. The e-Tendering solution provided by us includes options for supplier enrollment and approval, department creation and control, buyer user creation & control, indent/tender creation, tender approval, online bid/quote submission (both technical as well as non-technical), online tender opening (with minimum 2 buyers and option for an alternate opener to non-delay opening), online technical evaluation (including queries and attachments) and loading factor, revised bid, online bid selection / rejection, online recap generation to decide L1 bidder and quantity allocation and approval.

It also provides features such as email alerts to all buyers and vendors at all critical stages, online pre-bid meeting, 128 Bit Data Encryption, online viewing of bids for all participants (once opening is through) for self as well as participants bids and tender archival (after 6 – 12 months of completion)

Our e-Tendering solution ensured faster turnaround, complete transparency, confidentiality of sensitive procurement information and huge savings in terms of cost and time for HPCL. Data Encryption and 24X7 uptime with robust Help Desk Support made the operations of the portal seamless. The portal also met all government norms and guidelines regarding e-Tendering.
Tenders of value ranging from Rs. 0.1 m to as much as Rs. 500 m are floated using this portal. From 2007 to 2010, a total of 1778 tenders were successfully executed, which included 1429 tenders of the Marketing department of HPCL, 274 tenders of Mumbai Refinery and 75 tenders of Vizag Refinery.

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