petro mechanical equipment company Tender Performance & Track Recordpetro mechanical equipment company

Petro Mechanical Equipment Company Government Tender Profile

With a substantial portfolio of 189 government tender participations, Petro Mechanical Equipment Company has demonstrated strategic engagement in India's public procurement landscape. This analysis provides insights into their bidding performance, tender success patterns, and competitive positioning in government contracts.

Proven L1 Bid Success with 13 Contract Wins

Petro Mechanical Equipment Company has successfully secured 13 L1 positions in government tenders, demonstrating their strategic pricing approach and competitive bid strategy. With a win ratio of 6.9% across 189 tender participations, they have established a reliable track record in government procurement. Their bidding performance also includes 0 L2 and 0 L3 rankings, showing consistent competitiveness in public sector contracts.

Financial Performance in Government Tenders

Petro Mechanical Equipment Company has bid on contracts with a total value of ₹3,66,08,154.0, successfully securing ₹3,66,08,154.0 in government contract value. This represents a 100.0% conversion rate of bid value to won contracts, demonstrating their effectiveness in targeting and securing valuable public sector projects.

Specialized Government Procurement Focus

The company has established a regional presence in Chhattisgarh, Karnataka, Bihar government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Defence Production, Department Of Heavy Industry, Department Of Atomic Energy, where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), Nhpc Limited, Nmdc Steel Limited, showing familiarity with diverse organizational procurement requirements.