power drive
Tender Performance & Track Record
Company Overview
Tender Performance
Data for 01 April 2024 to 31 October 2025
Total Bids / Contract Value
Qualified Bids / Q Rate
Total Wins / Win Value
Wins Rate / Q-W Rate
Detailed Performance Analysis
Tender Performance by Ministries
Name
Top Bid Competitors
Companies that frequently compete with you in the same tenders — ranked by their total win value.You applied for 28 bids — TECHNO CREATIONS appeared in 14 of them.
POWER DRIVE
POWER DRIVE
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Historical Performance
7-year trend analysis (2018-2025)
Company Overview (1 Apr 2018-31 Mar 2025))
Total Bids
23
Contract Value
₹9.31 Cr
L1 Bids
11
Recent Win Rate
50.0%
Performance Analytics
Government Tender Analysis: Power Drive
Power Drive has submitted bids for 23 government tenders, establishing themselves as an active participant in the public sector procurement ecosystem. Their tender history reveals important patterns in qualification rates, competitive positioning, and category specialization.
Superior Tender Success Rate of 47.8%
Power Drive demonstrates exceptional government tender performance with an impressive win ratio of 47.8%. Out of 23 tenders, they have secured 11 L1 positions (lowest bid winners), establishing them as a highly competitive government contractor. The company has also achieved 0 L2 and 0 L3 positions, further highlighting their consistent ability to offer competitive pricing across various government tender categories.
Financial Performance in Government Tenders
Power Drive has bid on contracts with a total value of ₹9,31,29,073.0, successfully securing ₹9,31,29,073.0 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 Uttarakhand, Madhya Pradesh government tenders, showing geographic specialization in their public procurement strategy. Their tender history includes significant engagement with Department Of Heavy Industry, Department Of Telecommunications (Dot), where they have demonstrated specific procurement expertise. They have experience bidding with Bharat Heavy Electricals Limited (Bhel), showing familiarity with diverse organizational procurement requirements.