Work Description - Services As A Fund Manager Fm Or Asmanagement Company Amc For Oils Proposed Angel Fund Aimed At Providing Equity Investment In Ups

Oil India Limited (OIL), a Public Sector Undertaking, is inviting Expressions of Interest (EOI) for the appointment of a Fund Manager (FM) or Asset Management Company (AMC) for its proposed Angel Fund. This fund aims to provide equity investments in upstream oil and gas companies. The tender, with reference number OIL/C&P-CORP/EOI/02/2024, is open for submission from August 30, 2024, at 03:00 PM and closes on September 30, 2024, at 05:00 PM. Interested parties can download tender documents from August 31, 2024, at 09:00 AM until September 30, 2024, at 05:00 PM. The tender process is free of charge, with no EMD (Earnest Money Deposit) required. This represents a valuable opportunity for qualified firms to participate in the development of the upstream oil and gas sector by providing financial support to promising ventures. Interested parties are encouraged to submit their proposals by the deadline.