CORRIGENDUM No. 3 TO INVITATION FOR BID
Module Package of Anta Solar Project in Rajasthan
Bidding Document No.: RE-CS-5730-004(M)-9(R)
Section I (IFB),
Invitation For Bids
PAGE
1 OF 6
NTPC LIMITED
(A Government of India Enterprise)
Renewable Energy – Contracts Services, Noida.
INVITATION FOR BIDS (IFB)
FOR
MODULE PACKAGE OF ANTA SOLAR PROJECT IN RAJASTHAN
(International Competitive Bidding)
IFB No.: NTPC-2018-TN000013 Date: 28.09.2018
Bidding Document No: RE-CS-5730-004(M)-9(R)
1.0 NTPC Ltd. hereby issues “CORRIGENDUM No. 3” to Invitation of Bids and invites online
bids from eligible bidders on Single Stage Two Envelope (i.e. Envelope-I: Techno-
Commercial Bid and Envelope-II: Price Bid) followed by Reverse Auction for Module Package
of Anta Solar Project in Rajasthan. Solar PV Cells and Modules for this package can be
sourced from anywhere in the world. The parties who have already purchased the bidding
documents need not purchase the same again.
2.0 BRIEF SCOPE OF WORK
Manufacturing, Supply, Packing and Forwarding, Transportation, Supervision of Storage at
Site, Supervision of Installation and Supervision of Commissioning of Solar PV Modules
(Crystalline {Minimum 300Wp Nominal rating} / Thin Film Based {Minimum 112.5Wp Nominal
rating}) of Nominal DC capacity of 133MWp at Anta Combined Cycle Power Project at Baran
district of Rajasthan.
The detailed scope of work is as defined in the bidding document No.: RE-CS-5730-004(M)-
9(R)
3.0 NTPC intends to finance the subject package through Own Resources.
4.0 Detailed specification, Scope of work and Terms & Conditions are given in the bidding
documents, which are available for examination and sale at e-tender portal (as specified in
this notice) and as per the following schedule:
IFB No.
NTPC-2018-TN000013
IFB Date
24.08.2018
Document Sale Commencement Date
24.08.2018
Document Sale Close Date & Time
10.10.2018
17:00:00 (IST)
Last Date and Time for receipt of bids
comprising both Techno-Commercial Bid and
Price Bid
23.10.2018
17:00:00 (IST)
CORRIGENDUM No. 3 TO INVITATION FOR BID
Module Package of Anta Solar Project in Rajasthan
Bidding Document No.: RE-CS-5730-004(M)-9(R)
Section I (IFB),
Invitation For Bids
PAGE
2 OF 6
Date & Time of opening of Techno-Commercial
Bid
24.10.2018
11:00:00 (IST)
Date and Time of start of Reverse Auction
Shall be Intimated separately by NTPC
Cost of Bidding Documents in INR
INR 22,500/- (Indian Rupees Twenty
Two Thousand Five Hundred only)
4.1 Prospective bidders are required to provide GSTIN number at the time of purchase of bidding
documents.
5.0 All bids must be accompanied by Bid Security for an amount of INR 50,000,000/- (Indian
Rupees Fifty Million only) in the form as stipulated in the Bidding Documents.
ANY BID NOT ACCOMPANIED BY AN ACCEPTABLE BID SECURITY IN A SEPARATE
SEALED ENVELOPE SHALL BE REJECTED BY THE EMPLOYER AS BEING NON-
RESPONSIVE AND RETURNED TO THE BIDDER WITHOUT BEING OPENED.
6.0 Qualifying Requirements for Bidders:
In addition to the requirements stipulated under section Instruction to bidder (ITB), the bidder
should also meet the qualifying requirements stipulated hereunder in clauses 1.0 and Clause
2.0.
1.0 TECHNICAL CRITERIA
1.1 Route 1: The bidder should have manufactured and supplied Solar Photo Voltaic
(SPV) Modules of cumulative capacity of 50MWp or above, out of which at least one
such supply order should be for a period of 10MWp or above capacity. The reference
plant of 10 MWp or above capacity must have been in successful operation for at
least six months prior to the date of techno-commercial bid opening.
OR
1.2 Route 2: The bidder should be Group Company/Holding Company or Subsidiary
company of the module manufacture meeting the requirements of Clause 1.1 above.
In such a case, bidder shall furnish a letter of Undertaking jointly executed by the
module manufacturer and the bidder as per format enclosed in the bidding document.
Notes:
a. The reference supply order of minimum capacity of 1MWp or above only shall
be considered for cumulative capacity determination in Clause 1.1 and Clause
1.2.
b. SPV based supply order for Roof-top solar power projects, which are grid
connected, shall also be considered eligible for QR purposes.
c. Bidder shall submit certificate of successful completion of supply order and
successful operation from the Owner.
CORRIGENDUM No. 3 TO INVITATION FOR BID
Module Package of Anta Solar Project in Rajasthan
Bidding Document No.: RE-CS-5730-004(M)-9(R)
Section I (IFB),
Invitation For Bids
PAGE
3 OF 6
d. In case the award for the reference works has been received by the Bidder
either directly from owner of Solar PV plant or any other intermediary
organization, a certificate from such owner of Solar PV plant or the
intermediary organization shall be required to be furnished by the Bidder along
with its techno-commercial bid in support of its claim of meeting requirement
stipulated above.
2.0 FINANCIAL CRITERIA
2.1 The average annual turnover of the Bidder, should not be less than INR 2370 Million
(Indian Rupees Two Thousand Three Hundred Seventy Million only) during the
preceding three (3) completed financial years as on date of techno-commercial bid
opening.
In case a Bidder does not satisfy the annual turnover criteria, stipulated above on its
own, its Holding Company would be required to meet the stipulated turnover
requirements as above, provided that the Net Worth of such Holding Company as on
the last day of the preceding financial year is at least equal to or more than the paid-
up share capital of the Holding Company. In such an event, the Bidder would be
required to furnish along with its Techno-Commercial Bid, a Letter of Undertaking
from the Holding Company, supported by the Holding Company’s Board Resolution,
as per the format enclosed in the bid documents, pledging unconditional and
irrevocable financial support for the execution of the Contract by the Bidder in case
of award.
2.2 Net Worth of the Bidder as on the last day of the preceding financial year should not
be less than 100% (hundred percent) of bidder’s paid-up share capital. In case the
Bidder does not satisfy the Net Worth criteria on its own, it can meet the requirement
of Net worth based on the strength of its Subsidiary(ies) and/or Holding Company
and/or Subsidiaries of its Holding companies wherever applicable, the Net worth of
the Bidder and its Subsidiary(ies) and/or Holding Company and/or Subsidiary(ies) of
the Holding Company, in combined manner should not be less than 100% (hundred
percent) of their total paid up share capital. However individually, their Net worth
should not be less than 75% (seventy five percent) of their respective paid up share
capitals.
Net worth in combined manner shall be calculated as follows:
Net worth (combined) = (X1+X2+X3) / (Y1+Y2+Y3) X 100
where X1,X2,X3 are individual Net worth which should not be less than 75% of the
respective paid up share capitals and Y1,Y2,Y3 are individual paid up share capitals.
2.3 In case the Bidder is not able to furnish its audited financial statements on standalone
entity basis, the unaudited unconsolidated financial statements of the Bidder can be
considered acceptable provided the Bidder further furnishes the following documents
on substantiation of its qualification:
CORRIGENDUM No. 3 TO INVITATION FOR BID
Module Package of Anta Solar Project in Rajasthan
Bidding Document No.: RE-CS-5730-004(M)-9(R)
Section I (IFB),
Invitation For Bids
PAGE
4 OF 6
a) Copies of the unaudited unconsolidated financial statements of the Bidder
along with copies of the audited consolidated financial statements of its
Holding Company.
b) Certificate from the CEO/ CFO of the Holding Company, as per the format
enclosed in the bidding documents, stating that the unaudited unconsolidated
financial statements form part of the consolidated financial statement of the
Holding Company.
In case where audited results for the last financial year as on date of techno-
commercial bid opening are not available, the financial results certified by a practicing
Chartered Accountant shall be considered acceptable. In case the Bidder is not able
to submit the Certificate from a practicing Chartered Accountant certifying its financial
parameters, the audited result of three consecutive financial years preceding the last
financial year shall be considered for evaluating financial parameters. Further, a
certificate would be required from the CEO/CFO as per the format enclosed in the
bidding documents stating that the Financial results of the company are under audit
as on techno-commercial bid opening and the Certificate from a practicing Chartered
Accountant certifying the financial parameters is not available.
Notes for Clause 2.0:
i. Net worth means the sum total of the paid up share capital and free reserves.
Free reserves means all reserves credited out of the profits and share premium
account but does not include reserves credited out of the revaluation of the
assets, write back of depreciation provision and amalgamation. Further any debit
balance of Profit and Loss account and miscellaneous expenses to the extent not
adjusted or written off, if any, shall be reduced from reserves and surplus.
ii. Other income shall not be considered for arriving at annual turnover.
iii. “Holding Company” and “Subsidiary” shall have the meaning ascribed to them as
per Companies Act of India.
iv. For Turnover indicated in foreign currency, the exchange rate as on seven (7)
days prior to the date of techno-commercial bid opening shall be used.
7.0 NTPC reserves the right to reject any or all bids or cancel/withdraw the Invitation for Bids
without assigning any reason whatsoever and in such case no bidder / intending bidder shall
have any claim arising out of such action.
8.0 Interested parties are required to be registered with M/s Telecommunication
Consultant India Ltd. (TCIL) website https://www.tcil-india-electronictender.com (if not
registered already). The cost of the bidding documents as mentioned above is required to
be submitted in the form of a crossed account Payee demand draft in favour of “NTPC Ltd.”,
Payable at New Delhi at the address mentioned at para no.10.0 below along with GSTIN
and Organization ID registered with TCIL. After registration with TCIL and payment of the
cost of bidding documents as above, a complete set of Bidding Documents may be
downloaded by any interested Bidder from TCIL Portal https://www.tcil-india-
CORRIGENDUM No. 3 TO INVITATION FOR BID
Module Package of Anta Solar Project in Rajasthan
Bidding Document No.: RE-CS-5730-004(M)-9(R)
Section I (IFB),
Invitation For Bids
PAGE
5 OF 6
electronictender.com with Tender Search Code NTPC-2018-TN000013. Interested parties
are requested to ensure that they have downloaded the OFFICIAL COPY of Bidding
documents against Tender Search code- NTPC-2018-TN000013 and obtained the SERIEL
NUMBER of Bidding Documents from abovementioned website of TCIL after getting
registered with TCIL without which they will not be able to submit their bids. For technical
assistance, call TCIL Helpdesk at 011-26241790.
Note: No hard copy of Bidding Documents shall be issued.
8.1 Issuance of Bid Documents to any Bidder shall not construe that such Bidder is considered
to be qualified. Bids shall be submitted online. Bidder shall furnish Bid Security, Integrity
Pact, Pass Phrase and Power of Attorney separately offline as detailed in Bidding Documents
before the stipulated bid submission closing date and time at the address given below.
9.0 Transfer of Bidding Documents purchased by one intending Bidder to another is not
permissible.
10.0 Address for communication:
Addl. General Manager (Renewable Energy-Contract Services) / Dy. General Manager
(Renewable Energy-Contract Services), NTPC Limited, Room No. 220, R&D Building,
Engineering Office Complex (EOC) Annexe, A-8A, Sector-24, NOIDA, Distt. Gautam Budh
Nagar, (UP), India, Pin - 201301 on Telephone No. +91-120-4947380, +91-120-2410722,
Fax: +91-120-2410251; Email: ratansingh@ntpc.co.in / skdas01@ntpc.co.in or at office.
Corporate Identification Number: L40101DL1975GOI007966, Website: www.ntpc.co.in
