Markets Reserve Bank of India
RBI awards ₹17 crore drug supply contract to five suppliers simultaneously
The Reserve Bank of India (Mumbai Regional Office) is contracting for the supply of drugs, medicines, and non-medical items to its dispensaries in the Mumbai and Navi Mumbai region.
₹17 crContract Value: ₹17.00 Crore
Key terms
- Tender Type: E-tender, Two bid system
- Contract Value: ₹17.00 Crore
- Bid Submission Deadline: Apr 28, 2026 at 11.00 AM
- Contract Start Date: May 04, 2026
- Scheduled Completion Date: Mar 31, 2027
- Award Basis: Highest discount (H1)
Also in the document
- The contract was awarded to five different suppliers simultaneously rather than a single entity.
- The award was based on the 'Highest discount (H1)' rather than the lowest evaluated price.
Who won this contract: 1. M/s Tata 1Mg Healthcare Solutions Private Limited, ₹17.00 — 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/MumbaiRegionalOffice/HRMD/1/26-27/ET/10 · 30 Jun 2026
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