Petroleum And Natural Gas Regulatory Board Tender

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The PNGRB has issued a formal invitation for competitive bids for the Petroleum And Natural Gas Regulatory Board project, for Invitation Of Bids To Develop Petroleum And Petroleum Product (lpg) Pipeline From Gwalior To Sitarganj in New Delhi, Delhi. The bid opening date for this tender is 03-07-2025 and the last date for bid submission is 29-09-2025. Interested bidders for Petroleum And Natural Gas Regulatory Board tender can download the important documents here to check the tender amount, scope of work, eligibility criteria and technical requirements.

Petroleum And Natural Gas Regulatory Board - PNGRB Tender

Opening Date3 Jul 2025
Closing Date29 Sep 2025
Tender AmountRefer Documents 

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The formula for bid capacity can be inferred as: PV = BC_1 + Σ (BC_y / (1 + 0.12)^y) for y > 1 Alternatively, the formula can also be represented as: PV_1 = BC_1 PV_y = BC_y / (1 + 0.12)^(y-1) for y > 1 The variables used in the formula are defined as: - PV: Present Value of the bid capacity - BC_y: Bid capacity for each year y - 0.12: Discount rate (12%) - y: Year, ranging from 1 to the economic life of the project - PV_y: Present Value of the bid capacity for year y - PV_1: Present Value of the bid capacity for the first year - BC_1: Bid capacity for the first year

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Invitation Of Bids To Develop Petroleum And Petroleum Product (lpg) Pipeline From Gwalior To Sitarganj

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