On February 5, 2026, India Post Payments Bank Limited (IPPB), a division of the Department of Posts and the Ministry of Communications, issued a GeM bid for the procurement of 91 electric two-wheelers, including mopeds, motorcycles, and scooters. The bid will open at 5:30 PM on February 26, 2026, and close at 5:00 PM on the same day.

The offer validity is set at 90 days from the bid end date. The procurement is being conducted through a two-packet bidding process, with evaluation based on total value. Reverse auction has been enabled under the H1 highest-priced bid elimination rule, with technically qualified bidders eligible to participate as per GeM norms, as per IPPB.
According to the Make in India policy, only Class 1 and Class 2 local suppliers can submit bids; the minimum local content requirements are 50% and 20%, respectively. For Make in India sellers, up to 50% of the bid quantity is eligible for a purchase preference of up to 20% over the L1 price.
In addition, Micro and Small Enterprises (MSEs) are eligible for purchase preference up to 15% over L1 price, with up to 25% of the quantity earmarked for eligible MSE OEMs. Traders and resellers are not eligible for MSE benefits, and sellers must be validated on the GeM portal with proper Udyam registration and documentary proof. Non-local suppliers are not eligible to participate in the bid.
Participation does not need an ePBG or Earnest Money Deposit (EMD). There has been no use of bid splitting. To disable an automatic bid extension, a minimum of three bids must be placed; if the necessary participation is not reached, the bid can be automatically extended by up to seven days for a single cycle.
Technical clarifications can be sought within two days during the evaluation stage. Inspection by GeM-empanelled agencies is not mandatory for this procurement. Arbitration and mediation clauses are not applicable in this bid.
According to the technical standards, the electric two-wheelers must adhere to the RFP document and the GeM category specifications. The vehicle type is specified as a scooter, with allowed options for solid, matte or metallic colour finishes. The vehicles can be equipped with AC, DC, BLDC or PMSM motors with power ratings ranging from up to 250 watts to above 2000 watts.
Lead Acid and Advanced Chemistry Cell Battery (ACCB) are two battery options. The bidder is responsible for providing the specifications for driving range, payload capacity, energy consumption (per CMVR regulations), and battery capacity.
Construction parameters include standard spoked or alloy wheels, tubed or tubeless tyres, and drum or disc brakes for both front and rear. Additional performance requirements include power regeneration facility (optional) and warranties ranging from 1 to 5 years for the vehicle, battery, and electrical parts.
Within 30 days, all 91 electric two-wheelers shall be delivered to the designated consignee, India Post Payments Bank Ltd., 2nd Floor, Speed Post Centre, Bhai Veer Singh Marg, New Delhi - 110001. Bidders are encouraged to consult the RFP document for final delivery instructions and for any additional technical or logistical conditions stated therein, even though the GeM offer includes the delivery location for administrative purposes.
The buyer has also uploaded additional terms and conditions (ATC), which are binding on bidders and must be carefully reviewed before participation.
The bid is governed by GeM's General Terms and Conditions, including restrictions on bidders from countries sharing land borders with India, unless registered with the competent authority.
Sellers must ensure compliance with all applicable labour laws, including the four Labour Codes and relevant pre-existing labour enactments, until full implementation of the new codes. Any non-compliance may result in cancellation of the bid or termination of the contract.
The estimated bid value mentioned is only indicative and will not influence bid evaluation or price reasonableness, which will be determined solely based on competitive bidding and buyer assessment.
More From GoodReturns

Gold Rate in India Rises Over Rs 37,000/24K in Three Days; Will Jump in Gold Price Today Continue on 31 March?

Gold Rate Today Continues Rally, 24K Jumps Over Rs 35000 in 2 Days; 22K & 18K Gold, Silver Prices in Delhi

LPG Gas Cylinder Prices Hiked Again From April 1; 19 KG LPG Gets Costlier By Rs 218; 14.2 KG LPG Unchanged

New PAN Card Rules From April 1, 2026: How To Apply For New PAN Card Via Protean, E-Filing Portal?

5 New Shares On One Soon: Anil Agarwal's Vedanta Demerger To Take Place in April, Says Report

Fresh Drop in Gold Rate Today; Silver Stable: Latest 22K, 24K, 18K Gold & Silver Prices in Delhi on 30 March

Govt Approves PDS Kerosene Distribution in 21 States for 60 Days, Sets 5,000 L Storage Limit Amid LPG Crisis

Gold Rate in India After 20% Slide from Record Highs; Will Gold Price Today Jump to Rs 1.50 Lakh on 30 March?

Bank Holiday Today, Tomorrow & More: Banks Are Closed On March 31, April 1, April 2, April 3; Here's Why

Bank Holiday In April 2026: Banks To Be Closed For 14 Days; Good Friday, Baisakhi To Akshaya Tritiya

Gold Price in India Rallies Rs 47400/100 Gm in 5 Days Amid Rupee Fall, Iran-US War, Silver Shines | March 31



Click it and Unblock the Notifications