Markets Reserve Bank of India
RBI awards ₹2.36 crore coin transport contract, two-bid system
The Reserve Bank of India (Mumbai Regional Office) contracted for the transportation of coins from the RBI/Government of India Mint in Mumbai to various currency chests and offices, with the carrier assuming the risk.
₹2.36 crContract Value: ₹2,36,00,000.00 (approx.)
Who can bid: The document does not state the specific eligibility criteria (such as minimum turnover, years of experience, or required certifications) required to bid. It only lists the three companies that were qualified after technical evaluation.
Key terms
- Tender Type: Two bid system
- Contract Value: ₹2,36,00,000.00 (approx.)
- Contract Duration: May 08, 2026 to Mar 31, 2028
- Bid Submission Deadline: Mar 11, 2026
- Tender Mode: MSTC portal
Who won this contract: M/s Suresh Tukaram Gavhane Cash Van and Tourist Vehicle Supplier, ₹2,36,00,000.00 — read from the award document; check the original.
How this was written
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The original document
Reserve Bank of India (RBI)
Tender · Ref. RBI/Mumbai Regional office/Issue/1/25-26/ET/1028 · 30 Jun 2026
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