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Tenders Awarded

Tender numberRBI/Central Office/DCM/4/22-23/ET/809 (erstwhile ET/534)
Date of publication of NITJan 06, 2023
Nature of workRequest for Proposal (RFP) for Design, Supply, Installation, Testing and Commissioning of Banknote Shredding and Briquetting Systems (SBS) to Reserve Bank of India, Mumbai
Mode of tender enquiryE Tender through MSTC
Type of bidding (single/two bid system)Two Bid System
Last date of receipt of tenderMar 30, 2023
Number of tenders received02 (Two)
Nos. and names of parties qualified after technical evaluation 02 (Two)
(i) M/s Giesecke+Devrient India Pvt. Ltd.
(ii) M/s Kusters Engineering India Pvt. Ltd.
Nos. and names of parties not qualified after technical evaluation -
Commercial Bid Ranking, if any(i) M/s Giesecke+Devrient India Pvt. Ltd.
(ii) M/s Kusters Engineering India Pvt. Ltd.
Final Ranking, if anySame as above
Whether contract awarded to lowest tenderer/evaluated L1Yes
Contract number and date(i) DCM (NPD) No.S905/18.00.005/2023-24 dated August 14, 2023
(ii) DCM (NPD) No.S906/18.00.005/2023-24 dated August 14, 2023
Name of contractor(i) M/s Giesecke+Devrient India Pvt. Ltd. for one (1) site
(ii) M/s Kusters Engineering India Pvt. Ltd. for twenty (20) sites.
Value of contractINR 3,26,76,47,394/- (Total)
Scheduled date of completion of supplies May, 2025
Actual date of start of work -
Actual date of completion of work -
Reasons for delay, if any-
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