December                  January               February        March                     April                       May
      
                July                       August                           September                   
October                            November  

 

Highlights

 

-  Union Budget passed

-  RBI announces roadmap for reforms

-  Concessional interest rates on export loans removed

-  Right of Children to Free and Compulsory Education Act comes into force

-  Foreign Educational Institutions Bill tabled

-  Visa on arrival soon for 16 more countries

-  IMF forecasts India’s growth at 8.5 per cent in 2010

-  M&As touch $ 19 billion in 2010

-  IIP growth maintains momentum

-  Life insurance industry gains by 68 per cent

-  Surge in Indian exports to China

 

Finance Bill passed

 

On April, India’s Union Budget for 2010-11 was cleared with the Indian Parliament passing the Finance Bill after the amendments to provide marginal direct and indirect tax concessions to sectors such as healthcare and construction.

 

Finance Minister Pranab Mukherjee turned down demands of the Opposition to roll back indirect tax hikes for crude oil and related products saying they were crucial to keep fiscal deficit under check. 

 

The amended Bill extends direct tax benefits for building hospitals with at least 100 beds to the whole country due to “the pressing need for more hospitals”, a move welcomed by the healthcare industry.  A debt relief package of Rs. 241.33 crores was announced for coffee growers.  Paper, tobacco and drugs were some sectors that got marginal concessions in indirect taxes. In the case of export of iron ore lumps, export duty was enhanced by five percentage points to 15%.

Housing projects, which come up as part of Central and state governments’ slum-development scheme, would qualify for investment-linked deduction. Other tax proposals from the Budget, which saw the construction and aviation industries lobby for a revision, were retained or partially rolled back.

 

RBI announces roadmap for reforms

 

On 21 April, the Reserve Bank of India (RBI) announced a detailed reforms road map which includes issuing licenses to new players, easing rules for the entry of foreign banks, enhancing infrastructure finance and developing the market for bonds and other financial instruments. RBI stated that discussion papers on new private banks will be ready by July and on greater play to foreign banks by September this year.  The other focus area was infrastructure where RBI announced a slew of measures ranging from lower provisioning requirements to easier rules for bank investments. 

RBI also announced steps on the development of the financial markets. Not only did it allow options in currency futures, it also decided to introduce interest rate futures (IRFs) on five-year and two-year notional coupon bearing securities and 91-day treasury bills  The third element of the derivatives strategy – credit default swaps for corporate bonds – is also expected to be in place soon. Besides, to help the development of the corporate bond and repo markets, RBI has sought the development of a reporting platform. A similar initiative has been proposed in case of certificates of deposit and commercial papers.

Concessional interest rates on export loans removed

 

The Reserve Bank of India announced on 27 April removal of concessional interest rates on export loans by freeing the pricing of these loans with effect from 1 July 2010. Banks in India are now free to decide the lending rate on export credit at or above the base rate.  According to bankers, exporters are likely to be charged more or less the same rate as they were charged in the past without affecting the overall cost of funds for exporters. 

 

In order to promote exports, RBI has also stipulated that 10 per cent of the total credit by banks should comprise loans to exporters in case of private and public sector banks. Export credit is a part of priority sector lending for foreign banks.

 

Right of Children to Free and Compulsory Education Act comes into force

 

The Right of Children to Free and Compulsory Education Act came into force from 1 April 2010.  With this, India has joined a group of nations making education as a basic right of each child.  Under the Act, every child in the age group of 6-14 years will be provided 8 years of elementary education and any cost that prevents a child from accessing school will be borne by the State.  The National Commission for Protection of Child Rights (NCPCR) has been mandated to monitor the implementation of this historic Right.  For the proper implementation purpose of the Act, the Central and State Governments have accepted to share the fiscal load in the ratio of 55:45 and the Finance Commission of India has provided Rs. 2500 million (US$ 55 million) to the States.  For the year 2010-11, the Central Government has permitted an outlay of Rs. 1500 million. 

 

 

 

Foreign Educational Institutions Bill tabled

 

On 2 May, a major Bill – Foreign Educational Institutions Bill 2010 – was introduced in the Lok Sabha (Lower House) of Indian Parliament to allow entry of foreign educational institutions in the country to impart higher education.  The Bill is aimed at regulating the entry and operation of foreign institutions.  Foreign institutions with a corpus of Rs. 500 million (US$ 11 million), a sum of money universities need to set aside as a guarantee, would be allowed to establish a campus in India.  The Bill, if passed, could come into force next year, allowing world-class institutions entry into the country and providing more educational opportunities.  The Bill also prescribes a time-bound format for granting approval to foreign educational institutions to set up campuses in India.

 

Visa on arrival soon for 16 more countries

 

The Government of India may soon extend visa-on-arrival to 16 more countries including France, Germany, South Korea, Belgium, Sweden, Vietnam, Chile, Mexico, Argentina, Brazil, Spain and the Netherlands.  In January 2010, this facility was made available to tourists arriving from Finland, Japan, Luxembourg, New Zealand and Singapore.  Minister of State for Tourism Kumari Selja said that visa on arrival will provide a boost to the tourism sector.

 

IMF forecasts India’s growth at 8.5 per cent in 2010

 

The International Monetary Fund (IMF) has projected that the Indian economy will grow at 8.75 per cent in 2010 and 8.5 per cent in 2011 bolstered by strong domestic demand. 

 

Earlier on 2 April, Finance Minister Pranab Mukherjee speaking on the sidelines of Small Industries Development Bank of India’s foundation day celebration said that measures initiated in Budget 2011 would help revive private investments and put the economy back on 9 per cent growth.  The growth rate will climb back to 8.25-8.75 per cent in 2010-11, he added.

 

M&As touch $ 19 billion in 2010

 

The value of merger and acquisition (M&A) deals in India rose to $ 19.2 billion in the first quarter of 2010, up from $ 5.2 billion a year ago.  The number of inbound deals rose to 29 in first three months of 2010 from 24 deals in the same period of 2009. Going forward, the value and volume of Indian M&A activity is likely to increase as investor confidence and liquidity returns to the market.  The main highlight was Bharti Airtel’s $10.7-billion takeover deal for the African assets of Kuwait’s Zain Telecom.

 

IIP growth maintains momentum

 

According to data released by the Central Statistics Office, the Index of Industrial Production (IIP) grew by 15.1 per cent year-on-year in February 2010.  The cumulative growth for the period April-February 2009-10 stands at 10.1 per cent over the corresponding period of the pervious year. The Indices of Industrial Production for the Mining, Manufacturing and Electricity sectors for the month of February 2010 stand at 205.5, 345.1, and 227.0 respectively. The corresponding growth rates of these sectors stand at 12.2 per cent, 16.0 per cent and 6.7 per cent as compared to February 2009. With regard to industries, as many as 14 out of the 17 industry groups have shown positive growth during the month of February 2010 as compared to same month in 2009. The industry group ‘Metal Products and Parts, except Machinery and Equipment’ has shown the highest growth of 57.0 per cent, followed by 40.4 per cent in ‘Machinery and Equipment other than Transport Equipment’ and 36.4 per cent in ‘Transport Equipment and Parts’.

 

Life insurance industry gains by 68 per cent

 

The life insurance sector recorded 68 per cent increase in new business premium collected in March 2010 at Rs. 25,399 crore (US$ 5.7 billion) compared to Rs. 15,090 crore in the same month in 2009.  Private sector registered a 47 per cent growth in the new business premium while state-owned insurance companies posted 83 per cent increase.  The state owned Life Insurance Corporation increased its market share by 4 per cent in total premium collection from 2009.

 

Surge in Indian exports to China

 

The trade figures released by the Chinese customs revealed a significant jump in Indian exports to China as compared to the previous year.  Indian exports to China touched US$ 5.81 billion in the period between January and March 2010, as against US$ 3.31 billion last year, posting a rise of 75 per cent.  This was due to an increase in exports of textiles, precious metal shipments and stones. 

 

Tourism – an important sector for Foreign Direct Investment in India

 

Tourism plays a vital role in the economy of India.  The tourism sector has the potential to grow at a high rate which will stimulate other economic sectors such as agriculture, horticulture, handicrafts, transport, construction, services, etc.  Tourism results in more employment and generates a multiplier effect on the economy.

 

Highlights of India’s tourism sector

 

·        Indian tourism industry contributes more than 6% annually to India’s GDP

·        In 2009, the tourism sector accounted for 6.4 per cent of total employment in the country

·        India ranks 11th in the Asia Pacific region and 62nd overall as per the Travel and Tourism Competitiveness Report 2009 by the World Economic Review

·        India ranks 14th best tourist destination for its natural resources and 24th for its cultural resources with many World Heritage sites, rich flora and fauna, etc.

·        As per survey conducted by FutureBrand, a leading global brand consultancy, India appears among the top 5 in the best country brand for authenticity and art and culture and the 4th best new country for business. 

 

Medical Tourism Sector

 

The medical tourism sector has made significant advances in India.  It is the fastest growing segment of tourism industry due to various factors such as low cost, scale and range of treatments provided in the country.  The Indian medical sector attracts many patients from overseas for bypass surgeries, dental treatment, orthopaedic ailments, plastic surgery, etc.  In addition, the traditional Ayurvedic treatment sector also attracts patients from overseas looking for other sources of treatment than the modern medicine.

 

It is expected that medical tourism in India will grow at 27 per cent in the period 2009-12 to generate revenues worth US$ 2.4 billion by 2012.  It is estimated that India’s share in the global medical tourism industry will climb to around 2.4 per cent by end 2012.

 

National Tourism Policy

 

With a view to develop tourism in India in a systematic manner positioning it as a major engine of economic growth in the country, the Government of India formulated the National Tourism Policy in 2002.  The Policy broadly attempts to:

 

·        Position tourism as a major engine of economic growth

·        Harness the direct and multiplier effect of tourism for employment generation, economic development and providing impetus to rural tourism

·        Focus on domestic tourism as a major driver of tourism growth

·        Position India as a global brand to take advantage of the burgeoning global travel trade and the vast untapped potential of India as a destination

·        Acknowledges the critical role of private sector with government working as a pro-active facilitator and catalyst

·        Create and develop integrated tourism circuits based on India’s unique civilization, heritage and culture in partnership with states, private sector, and other agencies

·        Ensure that the tourist coming to India gets physically invigorated, mentally rejuvenated, culturally enriched, spiritually elevated and “feel India from within”

 

The Road Ahead

 

A research released in March 2009 by the World Travel and Tourism Council (WTTC) and its strategic partner Oxford Economics states that –

·        The demand for travel and tourism in India is expected to grow by 8.2 per cent between 2010 and 2019 and will place India at the third position in the world

·        India's travel and tourism sector is expected to be the second largest employer in the world, employing 40,037,000 by 2019.

·        Capital investment in India's travel and tourism sector is expected to grow at 8.8 per cent between 2010 and 2019.

·        India to get capital investment worth US$ 94.5 billion in the travel and tourism sector in 2019.

·        India is projected to become the fifth fastest growing business travel destination from 2010-2019 with an estimated real growth rate of 7.6 per cent.

Investment opportunities

India offers great opportunities for foreign investment in the following areas of the tourism sector in India:

 

·        Hotel industry

·        Service apartments

·        Adventure tourism

·        Medical tourism

·        Convention centres

·        Wildlife tourism

 

FDI Policy

 

100% FDI is allowed in the hotels and tourism sector on the automatic route.  The term hotels include restaurants, beach resorts, and other tourist complexes providing accommodation and/or catering and food facilities to tourists.  Tourism related industry include travel agencies, tour operating agencies and tourist transport operating agencies, units providing facilities for cultural, adventure and wildlife experience to tourists, surface, air and water transport facilities to tourists, leisure, entertainment, amusement, sports and health units for tourists and convention/seminar and organization.

 

Useful web link

 

Ministry of Tourism and Culture:  http://tourism.nic.in

 

India-Canada Bilateral trade

 

Bilateral trade figures for January-February 2010 are as under:

 

[Figures in thousand Canadian dollars at the current rate]

             Description

  Jan-Feb 2009

  Jan-Feb-2010

   Percentage

       change

 India’s Total Exports

      365,983

      291,526

    (-) 20.3

 India’s Total Imports

      239,810

      235,020

    (-) 2.0

 Total Trade

      605,793

      526,546

    (-) 13.08

[Source:  Statistics Canada]

 

India-Canada bilateral trade figures show a downward trend during January-February 2010 as compared to same period in 2009.  While Canada’s exports to India registered a marginal decline, Indian exports to Canada were down by 20.3 per cent over the same period in 2009.  Overall bilateral trade during January-February 2010 showed a decline at 13.08 per cent over the same period in 2009.

 

Two way investments/tie-ups

 

Toronto-based iseemedia Inc. announced that it has formed a strategic partnership with Indiatimes Mail that involves the integration of its iseemail software with IndiaTimes Mail. The integration allows Indiatimes Mail users to migrate their web email activities to their mobile phones through iseemedia’s agreements with Tata Teleservices Ltd. and Reliance Communications, two large wireless service operators in India. Indiatimes is a value-added services provider to the telecom industry in India; it creates aggregates and distributes information, utilities and entertainment to mobile users. iseemedia Inc. is a software development company focused on the commercialization of a service delivery platform for delivering Blackberry-like email services to the mass market and an advanced content delivery platform.

 

Aperto Networks, a wholly-owned subsidiary of BC-based Tranzeo Wireless Technologies Inc., has received a purchase order valued at US$1.5M by an Indian operator. The order for WiMAX equipment will be used to continue the expansion of the operator’s existing broadband services to enterprise customers. Initial shipments are expected to begin immediately and continue throughout 2010. Tranzeo Wireless Technologies is a manufacturer of high-performance wireless network equipment that allows communities and businesses to communicate without boundaries. Aperto is a supplier of wireless broadband, mobile WiMAX and Enterprise VPN solutions.

 

Vancouver-based Minaean International Corp., a developer of modular construction technologies using light-gauge steel, announced that its wholly-owned subsidiary, Minaean Habitat India Pvt. Ltd. (MHI), has signed a memorandum of understanding (MOU) with Nussli (Switzerland) Ltd., a global operator supplying temporary and modular construction. The MOU is a strategic move to successfully bid for and secure contracts for venue requirements for the 2010 Commonwealth Games to be held in New Delhi from October 3rd to 14th, 2010. MHI now becomes Nussli’s local partner in India. Nussli, as the overlay contractor for the bid, has already pre-qualified for the tendering process and has now submitted commercial bids to secure contracts.

 

Vancouver-based Minaean International Corp. announced that its wholly-owned subsidiary, Minaean Habitat (India) Pvt. Ltd. (MHI), has received a letter of intent (LOI) from Bharat Petroleum Corporate Limited (BPCL) for the supply and installation of two modular gas-station retail buildings. The modular retail outlets are being manufactured and prefabricated in MHI’s Mumbai facility, after which they will be transported and installed at sites within the Indian metropolitan of Bangalore. MHI manufactures light gauge steel components for the construction industry and modular metal buildings in India.

 

Visits

 

From India

 

Mr. Anil Mukim, Joint Secretary (NAFTA), Department of Commerce, led a team to Ottawa (May 6-8, 2010) for the second meeting of the Joint Study Group set up during Prime Minister Mr. Stephen Harper’s official visit to India in November 2009 for a Comprehensive Economic Partnership Agreement (CEPA) between India and Canada. During the meeting, discussions to finalize chapter texts on overview and investment, economic profiles, services chapter, areas of cooperation, goods chapter, complementary areas chapter, outstanding issues, etc. were undertaken.  Good progress was made during the discussions for the conclusion of the study which is expected by May end.

 

Dr. R. Chidambaram, Principal Scientific Advisor to the Prime Minister visited Canada from May 9 to 14, 2010 at the invitation of University of Ottawa for the Bromley Lecture.   During his stay, he attended thematic sessions on scientific use of Canada’s Advanced Research and Innovation Work (Canarie), Green Chemistry, Biomedical Engineering, Energy Technologies in the context of Climate Change and held meetings with Faculty Club at McGill University in Montreal.  In Ottawa, he had a laboratory tour at the National Research Council, Canada and held meetings with Prof. Allan Rock, President of University of Ottawa and other senior faculty members, Dr. Rosean O’Reilly Runte, President of Carleton University, Dr, Arthur Carty, Executive Director of Waterloo Institute of Nanotechnology, Dr. Henri Rothschild, CEO, ISTPCanada, Mr. Howard Alper of the Science Technology Innovation Council, Ms. Suzanne Fortier, President and Danielle Menard, Director of Policy and International Relations, Natural Science & Engineering Research Council, Ms. Helena Joncas of Canarie, etc.   Dr. Chidambaram also had a meeting with Mr. Gary Goodyear, Hon’ble Minister of State for Science & Technology of Canada.

 

Mr. Prashant Sukul, Joint Secretary, Ministry of Civil Aviation visited Canada (Montreal) to participate in the 6th Meeting of the Facilitation Panel of ICAO on 10-14 May 2010.  He also held discussions with Canadian Chief Air Negotiator on expansion of air services including pending civil aviation matters between the two countries.

 

President of Confederation of Indian Industry (CII) Mr. Hari Bhartia participated in the G8/20 Business Summit in Ottawa on April 28, 2010.

 

From Canada

Canadian Finance Minister Mr. Jim Flaherty visited India (New Delhi, Mumbai) during May 17 to 19, 2010.  During his stay, he had meetings with Indian Finance Minister Mr. Pranab Mukherjee, Deputy Chairman, Planning Commission Dr. Montek Singh Ahluwalia, attended the inauguration of Scotia Bank’s launch of two new products, namely, 10-gram gold round bar and the 141 gram (five ounce) silver round bar in Mumbai, and held discussions with business leaders and heads of industry located in New Delhi and Mumbai.

Forthcoming visits

 

From India

 

Mr. Jitin Prasad, Hon’ble Minister of State for Petroleum & Natural Gas will visit Alberta during 8-10 June 2010 to participate in the Global Petroleum Show in Alberta.

 

Mr. G. B. Pradhan, Additional Secretary, Minister of Power and Co-Chair of the India-Canada Energy Forum will lead a delegation to Canada (Ottawa) for the first meeting of the India-Canada Energy Forum in Ottawa on 26 May 2010.  Other members of the delegation include senior officers from the Ministry of Power and representatives from the Bureau of Energy Efficiency, Central Electrical Authority, Power Grid Corporation of India Limited, National Thermal Power Corporation Limited, etc. 

 

Dr. G. Sundarajan, Director, International Advanced Research Centre for Powder Metallurgy and New Materials, (ARCI), Hyderabad and Prof. Ajay Sood, Indian Institute of Sciences, Bangalore will be in Canada from May 17 onwards in connection with the proposed India-Canada Nano Biotechnology Centre in Mohali.  Their itinerary includes visits to the 5 collaborating Universities, namely, University of British Columbia, University of Toronto, Waterloo University, McGill University and University of Alberta. 

 

Dr, V M Katoch, Secretary, Department of Health Research, India will lead a delegation to the next Joint Steering Committee meeting of Indian Council of Medical Research (ICMR) and Canadian Institute of Health Research (CIHR) scheduled to be held in Surrey, BC on 24 June 2010.

 

Mr. M. Madhavan Nambiar, Secretary, Civil Aviation, accompanied by Dr. Nasim Zaidi, Director General, Civil Aviation and Mr. V P Agarwal, Chairman, Airports Authority of India will visit Canada from 9-11 June 2010 for meetings with representatives and officials of ICAO from 9 – 11 June 2010 in preparation with India’s election of India to the ICAO Council, scheduled during the Assembly Session of ICAO in Montreal September 2010.

 

Trade Fairs/Exhibitions/Events

 

Global Investors Meet, Bangalore, 3-4 June 2010

 

The Government of Karnataka is organizing a Global Investors Meet on 3-4 June 2010 at Bangalore to showcase the multi sectoral potential of Karnataka State and to attract investments.  Karnataka is one among the top 5 industrialized States of India and offers wide avenues of investment opportunities.  The State has about 1500 technical institutions, over 100 R&D centres, etc.  The venue of the Meet, namely, Bangalore is popularly known as ‘India’s Silicon Valley’ and is now becoming the aerospace hub in India. 

 

The Meet will provide investors an opportunity to explore potential investment options and entering into partnerships.  The program will include seminars on thrust sectors like Automobile, Aerospace, Food Processing, Power, Infrastructure, Tourism, etc. The Karnataka Government has already approved projects worth nearly US$ 66 billion.  

[Further details on the event and registration, etc. are available on website www.advantagekarnataka.com]

 

2nd International Summit-cum-Exhibition on Processed Food, Agribusiness and Beverages, 15-16 September 2010, New Delhi

 

The Associated Chambers of Commerce and Industry (ASSOCHAM), India in partnership with Ministry of Food Processing Industries and Minister of Commerce and Industry and other partners is organising the 2nd International Summit-cum-Exhibition on Processed Food, Agribusiness and Beverages on 15-16 September 2010 at Hotel Oberoi, New Delhi.  The event will provide an an excellent opportunity for business to business interaction among industries, technology providers, States and countries as well as will provide platform to expose their strengths for exploring investment opportunities.

The two days exhibition-cum-summit will see host of national and international exhibitors, delegates and speakers, as also presence of senior industry representatives, international buyer’s, exporters & experts from all over the world. This will also be an opportunity for foreign companies to understand market and consumption behavior of Indian sub-continent.

[Further details on the event are available on ASSOCHAM’s website: www.assocham.org]

India Stonemart – 6th International Stone Industry Exhibition

 

The Centre for Development of Stones (CDOS), an apex stone industry promotional organisation to promote and support dimensional stone and allied industry in India, is organising the 6th India Stonemart 2011 in collaboration with the Rajasthan State Industrial Development & Investment Corporation Limited (RIICO) and the Federation of Indian Chambers of Commerce and Industry (FICCI) at Export Promotional Industry Park, Jaipur during January 20-23, 2011.

 

India is a leading producer of different kinds of stones and witnessing phenomenal growth in all segments including construction, real estate and infrastructure sector.  This in turn has given tremendous impetus to stone sector in India.  Canadian importers of stones, construction companies, etc. will greatly benefit by attending the event. 

[Further details on the event and registration, etc., are available on website www.Stonemart-India.com.]

 

15th India International Civil & Defence Equipment & Systems Exhibition & Conference 2010 (15th IICDES 2010)

 

Tenders

 

Global tender notice

 

The Municipal Corporation of Delhi (MCD) invites Private Sector Participation from national, international, consortiums, joint ventures, corporate houses, etc. interested in the project to submit their bids for the DESIGN, BUILD, OWN, OPERATION, MAINTENANCE & TRANSFER (DBOOMT basis) of High End Public toilets at the identified 216 locations in MCD Markets & notified commercial area in MCD jurisdiction.

 

The concessionaire will be investing in capital expenditure for Designing, Construction, Operating and Maintaining the premises. The awarded concessionaire will be allowed to commercially utilize 30% of the Ground floor and 100% of the First Floor of public toilets as specified in RFP document along with OOH advertisement space on the facility.  The details of the tender are as under:

 

Name of Work

Proposal for Design, Build, Own, Operate, Maintain & Transfer of High-end Public toilets in MCD Markets & Commercial Areas in All Zones of Municipal Corporation of Delhi on DBOOMT basis

Cost of RFP Document

Rupees Fifty Thousand only (Rs. 50,000)

Date of Issue of Tender

22 April 2010

Last date of Receipt of Tender

30 May 2010

Estimated Project Cost

Rs. 1000,000,000

Earnest money

Rs. 20,000,000

Concession Period

30 years

[Detailed information on tender documents, etc. is available on website: http://www.mcdonline.gov.in.]

 

Global tender notice

 

The Bharat Heavy Electricals Limited, Bangalore is contemplating to procure the following equipment and system through open tender: 

 

Sl. No.

Name of Equipment /,

BHEL Specification ref.

Qty.

Nos.

RFQ Ref.

 

Tender Due date

01

1250 KVA Dry type cast resin Automatic OLTC transformer

2

MANM900038

26.05.2010

02

 

Walk-in Chamber

1

MANM900030

28.05.2010

03

 

HEAVY DUTY MOBILE STORAGE UNIT          

2

TRSM900058

26.05.2010

04

500 Kg Cage Hoist

1

MSSM900030

31.05.2010

 

For any further information, please contact Mr. S S Dubey, SDGM-CE-MM (CPD), BHEL – EDN, Bangalore-560 026, India (Email: dubey@bheledn.co.in).

[Complete details of the tender and tender documents are available on BHEL’s website: http://www.bhel.com or http://bheledn.com or http://www.tenders.gov.in ]

 

Global tender notice

 

The Mineral Exploration Corporation Limited (MECL), Nagpur, India invites sealed tenders in two parts from the manufacturers or their accredited agents for the supply of following item:

 

SN

Tender No. & Opening Date

Description of items

EMD

(INR)

Tender Fee

(INR)

 

 

1

77/GT/MECL/MM/

PUR/PDR/93-A

 

Opening Date

24.05.2010

NQ Wireline Impregnated/High performance diamond core bit compatible with NQ core barrel of Boart Longyear design and suitable for Non-coal drilling – 50 Nos.

 

 

20,000/-

 

 

2,000/-

 

For further information on the tender documents, fee, last date of submission, etc. please access MECL’s website: www.mecl.gov.in or send an email to: meclmmd_ngp@sancharnet.in.

 

Global Tender Notice

 

The Oil and Natural Gas Corporation Limited, Mumbai, India has invited Tender No. 921AC10003 for Maintenance Management Contract for Sucker Rod Pumping (SRP) Surface Units installed at Mehsana Asset for the period of three years.  The complete tender document and other details are available on ONGC’s website:  etender.ongc.co.in.  The last date of sale of tender documents is 01.06.2010 (1700 hrs. IST).  For any further information, please contact Mr. M S R Giri, Deputy Manager (MM) – Impetus, Oil and Natural Gas Corporation Limited, Mumbai Region, Impetus Group, Materials Management, 5th floor, Bengal Chemical Bhavan, Veer Savarkar Marg, Mumbai-400 025, Fax: 91-22-24301506, Email: giri_mr@ongc.co.in,

 

Global Tender Notice

 

The Oil and Natural Gas Corporation Limited, Drilling Services, Mumbai, India have invited sealed tenders under International Competitive Bidding under Two Bid System from capable and experiences offshore drilling companies/contractors for charter/hire following types of offshore rigs capable of drilling to a depth of 6000 meters for firm period of three years from the date of commencement:

 

     Category

 

               Type of Rig

  Quantity (Nos.)

     Area of Deployment

            I

     PEL/ML

150 ft Mat supported type

Offshore jack up rig

            01

          Eligible area

           II

     PEL/ML

600 ft Floater

            01

                  -do-

 

Tender No.                                                    MR/DS.MAT.CT/TIGS/CH/MAT-FLOATER

Tender Fee                                                   Rs. 45,000

Sale of Tender Document                           18.05.2010 to 08.06.2010

Pre-bid Conference Date                            16.06.2010, 1400 hrs. (IST)

Un-priced bid closing/opening date          3 weeks from the date of issue of final pre-

                                                                                                Bid minutes.  Date will be intimated later.

[Complete details of tender and tender document are available on ONGC’s websites: http://tenders.ongc.co.in and https://etender.ongc.co.in]

 

Global Tender Notice

 

The Ordnance Factory Khamaria, Jabalpur, India have invited sealed tenders under Two Bid system for the procurement of following plant and machinery equipment:

 

Tender Number                                            3048/CST-3002/10-11/EO/ADVT

Item                                                                 CNC SINGLE SPINDLE SLIDING HEAD AUTO

Quantity                                                         01 No.

Cost of Tender Document                          Rs. 2000 or US$ 50 – Non-refundable/non-

                                                                        transferable

Earnest Money                                              Rs. 200,000 or US$ 5,000

Last date and time for submission             01.07.2010 up to 1400 hrs. (IST)

of tender

Date and time of tender opening               01.07.2010 at 1500 hrs. (IST)

opening

 

[Complete details of the tender and tender documents are available on website: http://tenders.gov.in or http://www.tenders.gov.in/innerpage.asp?choice=tc5&tid=mp292901& work=1]

 

Global Tender Notice

 

The Directorate General, National Security Guard, India have invited sealed tenders under Two Bid system (Technical and Commercial Bid) for the following equipment:

 

Item                                                                 LASER RANGE FINDER

Quantity                                                         40 Nos.

Earnest Money                                              Rs. 332,000

Last date and time for submission             30.06.201 up to 1100 hrs. (IST)

of tender

Date and time of tender opening               30.06.2010 at 1130 hrs. (IST)

opening

[Complete details of the tender and tender documents are available on NSG’s website: http://www.nsg.gov.in/june08/prov194.pdf or www.nsg.gov.in.]

 

Expression of Interest

 

The Neyveli Lignite Corporation Limited, Neyveli, Tamil Nadu, India, a Government of India enterprise under the Ministry of Coal, are inviting Expression of Interest (EOI) for qualifying requirement through international competitive bidding for Steam Generator and Auxiliaries Package (NTA2) for Neyveli New Thermal Power Station (NNTPS) (2x500 MW) located at Neyveli.   The other details of EOI are as follows:

Participation Fee                                          Indian Rupees 1.8 lakhs or USD 4,100 or

                                                                        Euro 3,100

Last date and time for submission             30.06.2010 up to 1430 hrs. (IST)

of EOI

Date and time of EOI Documents               30.06.2010 at 1500 hrs. (IST)

opening

[Complete details of the EOI and EOI documents are available on website: www.nlcindia.com]

 

Expression of Interest

 

The Neyveli Lignite Corporation Limited, Neyveli, Tamil Nadu, India, a Government of India enterprise under the Ministry of Coal, are inviting Expression of Interest (EOI) for qualifying requirement through international competitive bidding for Steam Generator and Auxiliaries Package (NTA1-SG) for Neyveli New Thermal Power Station (NNTPS) (2x500 MW) located at Neyveli.   The other details of EOI are as follows:

 

Participation Fee                                          Indian Rupees 2.4 lakhs or USD 5,400 or

                                                                        Euro 4,100

Last date and time for submission             30.06.2010 up to 1430 hrs. (IST)

of EOI

Date and time of EOI Documents               30.06.2010 at 1500 hrs. (IST)

opening

[Complete details of the tender and tender documents are available on website: www.nlcindia.com]

 

Global Tender Notice

 

The Neyveli Lignite Corporation Limited, Neyveli, Tamil Nadu, India, a Government of India enterprise under the Ministry of Coal, are inviting Bids in a sealed cover through international competitive bidding for Project Consultancy Services for New Thermal Power Station (NTPS) (2x500 MW) located at Neyveli.   The other details of EOI are as follows:

 

Cost of Tender Document                          Indian Rupees 10,000

Bidg Guarantee Amount                              Indian Rupees 25 laks or USD 56,300 or

                                                                        Euro 42,500

Tender Document Sale Period                   05.05.2010 to 06.07.2010

Pre-Bid Conference                                     05.06.2010

Last date and time for submission             07.07.2010 up to 1430 hrs. (IST)

of Bid

Date and time of EOI Documents               07.07.2010 at 1500 hrs. (IST)

Opening (Part-I)

[Complete details of the tender and tender documents are available on website: www.nlcindia.com]

 

 

 

 

 

 

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Published by                     :               High Commission of India, Ottawa, Canada

Editor                                    :               Deputy High Commissioner

Sub-Editor                          :               Second Secretary (Com)