Sl. No

Tender No.

Supply/ Work Description of Tender

Estimated Value (' Lac)

Cost of Tender Document (')

Completion Period

Sale Start Date / Sale Close Date

Last Date & Time for Receipt of Bid

EMD

(' Lac)

01.

1320197

Design, Manufacturing and Supply of 16.5/420 KV, 315 MVA Generator Transformer

---------------

5,625.00

15 Months

24/03/2014

15/04/2014

14:30 Hrs

20.90

07/04/2014

2.1

The Bidder should have designed, manufactured, installed/supervised installation and commissioned/supervised commissioning of at least two (2) nos. (one each at two different installations) of 400 kV or above class transformers of at least 315 MVA capacity (three phase transformer as a single unit) which should be in successful operation for at least two (2) years as on the date of bid opening.

Note: Two different installations means two different project sites or two different contracts.

2.2

Financial Criteria :

2.2.1

The average annual turnover of the Bidder, in the preceding three (3) financial years as on the date of bid opening, shall not be less than Rs. 1001 Lakhs (Rupees Ten Crores One Lakh only).

2.2.2

The Net Worth of the Bidder as on the last day of the preceding financial year shall not be less than 25% of the paid-up share capital.

2.2.3

In case the Bidder is not able to furnish its audited financial statements on standalone entity basis, the un-audited unconsolidated financial statements of the Bidder can be considered acceptable provided the Bidder furnishes the following further documents for substantiation of its qualification.

1. Copies of the un-audited unconsolidated financial statements of the Bidder along with copies of the audited consolidated financial statements of the Holding Company.
2. A Certificate from the CEO / CFO of the Holding Company, as per the format enclosed in the bid documents, stating that the unaudited unconsolidated financial statements form part of the Consolidated Annual Report of the company.

In case where audited results for the last preceding financial year are not available, certification of financial statements from a practicing Chartered Accountant shall also be considered acceptable.

2.2.4

In case a Bidder does not satisfy the financial criteria, stipulated at Cl. 2.2.1 and / or Cl. 2.2.2 above on its own, the Holding Company would be required to meet the stipulated turnover requirements at Cl. 2.2.1 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 bid, a Letter of Undertaking from the Holding Company, supported by 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.

2.2.5

The unutilized line of credit for fund based and non-fund based limits with cash and bank balances including fixed deposits of the Bidder as on a date not earlier than 15 days prior to the date of bid opening, duly certified by the Bankers shall not be less than Rs. 507 Lakhs  (Rupees Five Crores Seven Lakhs only).  In case certificates from more than one Bank are submitted, the earlier unutilized limits shall be of the same date from all such Banks.

2.2.6

Where another Company of the group acting as the Treasury Centre is responsible for Treasury Management of the Bidder having combined credit / guarantee limit for the whole group, the Bidder would be required to provide a Banker's certificate regarding the unutilized line of credit for fund based and non-fund based limits together with cash and bank balances including fixed deposits available to such Treasury Centre.  Further, Treasury Centre shall certify that out of the aforesaid limits certified by the bankers, the Bidder shall have access to the line of credit of a level not less than the specified amount at Cl. 2.2.5 above.  In proof of this, the Bidder would be required to furnish along with its bid, a Letter of Undertaking from the Treasury Centre, supported by a Resolution passed by the Board of Directors of the Holding Company, 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.

2.2.7

In case the Bidder's unutilized line of credit for fund based and non-fund based limits specified at Cl. 2.2.5 above is not sufficient, a comfort letter from one of the bankers specified in the bid documents unequivocally stating that in case the Bidder is awarded the contract, the Bank would enhance line of credit for fund based and non-fund based limits to a level not less than the specified amount to the bidder or to be Treasury Management Centre as the case may be, shall be acceptable.

Note:

      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 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.

3.0

Notwithstanding anything stated above, the Employer reserves the right to assess the capabilities and capacity of the Bidder / his collaborators / associates / subsidiaries / group companies to perform the contract, should the circumstances warrant such assessment in the overall interest of the Employer.