Markets Reserve Bank of India
RBI awards ₹1.34 crore currency disposal contract to highest bidder
The Reserve Bank of India, New Delhi, contracted for the lifting and disposal of shredded currency note briquettes and shreds.
₹1.35 crContract Value: ₹1,34,94,343/-
The work was awarded to M/s Ambay Enterprises.
Key terms
- Tender Type: Two bid system
- Contract Value: ₹1,34,94,343/-
- Bid Submission Deadline: May 07, 2026 at 14:00 hours
- Contract Duration: Jul 01, 2026 to Jun 30, 2027
- Tender Mode: e-tender through MSTC Website
Also in the document
- The contract was awarded to the H1 (highest) bidder, M/s Ambay Enterprises, rather than the lowest bidder.
Who won this contract: M/s Ambay Enterprises, ₹1,34,94,343/- — read from the award document; check the original.
How this was written
An AI model running on our own computer read the government document and wrote this summary. No person has checked it.
✓ Figures checked. Every number in this summary was found in the document by an automated check.
That check compares numbers only. It cannot confirm that the wording says what the document says — so the original document is always the authority.
The original document
Reserve Bank of India (RBI)
Tender · Ref. RBI/Delhi Regional Office/Issue/2/25-26/ET/1113[Disposal of briquettes] · 1 Jul 2026
Discussion
No one has discussed this document yet.