Banknote Shredding and Briquetting Systems -
Text of advertisement

Sealed tenders are invited from reputed Indian/International manufacturers for supply, installation and commissioning of Banknote Shredding and Briquetting Systems for the Reserve Bank of India's offices at Kanpur, Jaipur, Patna, Chennai, Hyderabad and Thiruvananthapuram.

The system shall be capable of destroying soiled and cancelled Indian Banknotes by shredding/granulating and briquetting process. The capacity of each system shall be between 150 kgs. and 175 kgs. per hour. The shredded pieces shall be such that at least 90% shreds by weight shall pass through a sieve of 6mm and no shredded piece shall be larger than 8 mm. The shreds shall be compressed into briquettes.

The tender documents can be purchased from the address given below on any working day between 11.00 A.M. to 4.00 P.M. - Monday to Friday -from 25th January 2000 to 14th February 2000 on payment of Rs.5,000 or US $ 150 per set towards the cost of tender documents which is non-refundable, by means of Draft favouring Reserve Bank of India and payable in Mumbai.

Duly authorised representatives of principals in India/abroad may also purchase tender documents on behalf of their principals on production of letter of authorisation from their principals. Only such of those firms which have executed at least two such works in the past three years need apply. The application for purchase of tender documents should state the names of the clients to whom such systems have been supplied in the past 3 years.

Tender in triplicate shall be submitted in sealed covers superscribed "Tender for Supply, Installation & Commissioning of Banknote Shredding and Briquetting Systems" and addressed to Mr. K.B. Chakraborti, Chief General Manager, by name so as to reach him at the following address before 1400 hours IST on 25th February, 2000.

Reserve Bank of India reserves the right to reject any or all the offers without assigning any reason.