Rfp For Supply Of Ammonia Request For Proposal For Entering Into Long Term Agreement Or Mou For Supply Of Liquid Ammonia To Nfl Nangal Unit , The Constant ‘C’ Which Shall Be Firm For The Agreement Period ( Rs. Per Mt ) Ammonia Price ( Ap ) = A + ( Y, Nangal-Punjab
TDR : 33946672
Tender Notice
Corrigendum Details
BOQ
Expired
Nangal
Punjab
Corrigendum : Rfp For Supply Of Ammonia Request For Proposal For Entering Into Long Term Agreement Or Mou For Supply Of Liquid Ammonia To Nfl Nangal Unit , The Constant ‘C’ Which Shall Be Firm For The Agreement Period ( Rs. Per Mt ) Ammonia Price ( Ap ) = A + ( Y
Name of Work: Long Term Agreement / MOU for Supply of Ammonia to NFL, Nangal
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1
The constant ‘C’ which shall be firm for the agreement period (Rs. per MT)Ammonia Price (AP) = A + (Y X 0.35) + C (GST shall be paid extra on AP).Where,i)A = 33.5 X BThe factor 33.5 in ‘A’ is worked out to as 7.6 X 1.110.2527.6 is the energy for Ammonia, 1.11 is the conversion factor of GCV to NCV and 0.252 is the conversion factor from Rs./MMBTU to Rs/Gcal.ii) B = Latest available final gas pool price (LAFGPP) (Rs. per MMBTU on GCV basis) as defined in this RFP deriving PO price of Ammonia.iii) Y = (Bulk CFR India – A)iv) C = Constant to be quoted by the bidder (Rs per MT) and shall remain constant for the agreement period.v) Final pooled gas price on GCV basis in Rs./MMBTU as notified by GAIL will be applicable.vi) Bulk CFR, India Prices in PMT of Ammonia calculated based on the average of prices published in the three magazines (Argus, Ferticon, CRU) for the last week of the relevant month pertaining to the latest available final pool price notified by GAIL. Exchange rate of the last day of the relevant week will be applicable as notified by Financial Benchmarks India Pvt. Ltd. (FBIL). vii) If ‘Y’ is negative, value of ‘Y’ shall be considered as zero.Note:For quoting against this RFP, the following figure are to be considered:i) Gas Price (B in formula) = Rs.1720.4 /MMBTU i.e., final gas pool price of June 2022 on GCV basis.ii) Bulk CFR, India Prices in PMT = Rs. XXXXX PMT (Average of Argus, Ferticon, CRU) and considering exchange rate of Rs. 78.9421 per USD as per FBIL as on 30.06.22.Transportation Cost: Price to be quoted by the bidder (F) on which GST shall be paid extra.Escalation/De-escalation Formula for Transportation: Escalation/de-escalation of freight rates shall be applicable based on variation in diesel price affected by the Govt. of India, within the scheduled delivery as per Delivery order. The reference diesel rate shall be Rs 89.44 per litre prevailing at IOCL petrol Pump at Nangal as on 30.06.2022. The escalation/de-escalation of rates will apply only for supplies received within scheduled delivery period as per delivery order and if the diesel price differential is more than Rs 1 per litre from the reference rate, in that case entire escalation/ de-escalation rates will be considered. Increase or decrease in the price of diesel will be adjusted on the basis of one liter equal to 4KM/15MT. The escalation/de-escalation will be calculated as under:(Change in diesel price) X (To & Fro distance up to Nangal from works of supplier) Escalation/de-escalation per MT = ---------------------------------------------------------------------(4 X 15)
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