(c)Bidder should have engineered/got engineered, supplied, erected, tested and commissioned at least two (2) nos. fuel oil handling and storage installations, which should have been in successful operation for minimum one (1) year prior to the date of Techno- Commercial bid opening, consisting of :

(i)Fuel Oil decanting facilities for road tankers/railway wagons.

(ii)Fuel Oil Storage tanks of capacity not less than 500 cubic meters each.

The experience as at (i) and (ii) above in separate installations is also permissible.

(Supply of Steel Plates for fabrication of Tanks for the above reference installation(s) should also have been under the scope of the Bidder.)

1.2Route - 2

Bidder who meets the requirement of Clause 1.1 (a) & (b) but does not meet the requirement of Clause 1.1(c) above can also participate provided it associates with a firm meeting the requirements of Clause 1.1(c) such that Bidder along with its Associate fully meets the requirement of 1.1 (a), (b) & (c).

1.3Route – 3

Similarly, a Bidder who meets the requirement of Clause 1.1(c) but does not meet the requirement of Clause 1.1 (a) & (b) above can also participate provided it associates with a firm meeting the requirements of Clause 1.1 (a) &

(b) such that Bidder along with its Associate fully meets the requirement of 1.1 (a), (b) & (c)

1.4In case qualification through associate route is sought by the Bidder, the Bidder should furnish along with its Techno-Commercial bid an undertaking jointly executed by it along with its Associate for the successful performance of the part of the contract for which Associate is responsible as per format enclosed in the bidding documents in which the Associate and the Bidder shall be jointly & severally liable to the employer to perform all contractual obligations limited to the scope of work for which Associate is responsible. This deed of joint undertaking should be submitted along with the Techno- Commercial bid failing which the Bidder shall be disqualified and its bid rejected.

In case Bidder is meeting the requirement of 1.1 (a) & 1.1 (b) above, the Bidder’s Associate (qualified as per 1.1 (c) above) shall be required to furnish an on demand bank guarantee as per format enclosed with the bidding document for a value equal to 2% (two percent) of the total contract price in addition to the contract performance security to be furnished by the Bidder.

In case Bidder is meeting the requirements of 1.1 (c) above, the Bidder’s Associate (qualified as per 1.1 (a) & 1.1(b) above) shall be required to furnish an on demand bank guarantee as per format enclosed with the bidding document for a value equal to 3% (three percent) of the total contract price in addition to the contract performance security to be furnished by the Bidder.

2.0Financial criteria

2.1 Financial criteria of Bidder

(a)The average annual turnover of the Bidder, in the preceding three (3) financial years as on the date of Techno-Commercial bid opening, should not be less than INR 80 million (Indian Rupees Eighty million only) or in equivalent foreign currency.

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

(c)In case the Bidder is not able to furnish its audited financial statements on stand alone entity basis, the unaudited unconsolidated financial statements of the Bidder can be considered acceptable provided the Bidder further furnishes the following documents for substantiation of its qualification:

(i)Copies of the unaudited unconsolidated financial statements of the Bidder along with copies of the audited consolidated financial statements of its Holding Company.

(ii)A 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 statements 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.

(d)In case a Bidder does not satisfy the financial criteria, stipulated at Cl. 2.1 (a) and/ or Cl.2.1 (b) above on its own, its holding company would be required to meet the stipulated turnover requirements at Cl.2.1 (a) 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 its holding company, supported by Board Resolution of the holding company, as per the format enclosed in the bidding documents, pledging unconditional and irrevocable financial support for the execution of the Contract by the Bidder in case of award.

(e)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 Techno Commercial bid opening, duly certified by its Bankers should not be less than INR 75 million (Indian Rupees Seventy five million only) or in equivalent foreign currency. In case certificates from more than one bank are submitted, the certified unutilized limits should be of the same date from all such banks.

(f)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 unutilised 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 its bankers’, the Bidder shall have access to the line of credit of a level not less than the specified amount at Cl.2.1 (e) above. In proof of this, the Bidder would be

required to furnish along with its Techno-Commercial 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 bidding documents, pledging unconditional and irrevocable financial support for the execution of the Contract by the Bidder in case of award.

(g)In case the Bidder’s unutilized line of credit for fund based and non-fund based limits specified at Cl 2.1 (e) above is not sufficient, a comfort letter from one of the bankers specified in the bidding 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 the Treasury Management Centre as the case may be, shall be acceptable.

2.2	Financial criteria of Associate
(a)	For Bidders seeking qualification through clause no 1.2 above, the average
	annual turnover of their Associate (meeting requirement of Clause 1.1 (c)
	above) in the preceding three (3) financial years as on the date of techno-
	commercial bid opening, should not be less than INR 54 million (Indian
	Rupees Fifty four million only) or in equivalent foreign currency.
	For Bidders seeking qualification through clause no 1.3 above, the average
	annual turnover of their Associate (meeting requirement of Clause 1.1(a) &
	1.1(b) above) in the preceding three (3) financial years as on the date of
	techno-commercial bid opening, should not be less than INR 50 million
	(Indian Rupees Fifty million only) or in equivalent foreign currency.

(b)The Net Worth of the Associate, as on the last day of the preceding financial

year should not be less than 25% of its paid-up share capital.

(c)In case the Associate is not able to furnish its audited financial statements on stand alone entity basis, the unaudited unconsolidated financial statements of the Associate can be considered acceptable provided the Associate further furnishes the following documents for substantiation of its qualification:

i)Copies of the unaudited unconsolidated financial statements of the Associate, along with copies of the audited consolidated financial statements of the Holding Company of Associate.

ii)A 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 statements of the company.

In cases 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.

(d)In case the Associate does not satisfy the financial criteria, stipulated at Cl. 2.2 (a) and/ or Cl.2.2 (b) above on its own, its holding company would be required to meet the stipulated turnover requirements at Cl. 2.2 (a) 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 Associate would be required to furnish along with Techno-Commercial bid, a Letter of Undertaking

from the holding company, supported by Board Resolution of the holding company (as per the format enclosed in the bidding documents), pledging unconditional and irrevocable financial support to the Associate to honour the terms and conditions of the Deed of Joint Undertaking in case of award of the contract to the Bidder with whom Associate is associated.

(e)For Bidders seeking qualification through clause no 1.2 above, the unutilized line of credit for fund based and non-fund based limits with cash and bank balances including fixed deposits of their Associate (meeting requirement of Clause 1.1 (c) above) as on a date not earlier than 15 days prior to the date of techno-commercial bid opening, duly certified by Associate’s Bankers should not be less than INR 19 million (Indian Rupees Ninteen million only) or in equivalent foreign currency. In case certificates from more than one bank are submitted, the certified unutilized limits should be of the same date from all such banks.

For Bidders seeking qualification through clause no 1.3 above, the unutilized line of credit for fund based and non-fund based limits with cash and bank balances including fixed deposits of their Associate (meeting requirement of Clause 1.1 (a) & 1.1(b) above) as on a date not earlier than 15 days prior to the date of techno-commercial bid opening, duly certified by Associate’s Bankers should not be less than INR 21 million (Indian Rupees Twenty One million only) or in equivalent foreign currency. In case certificates from more than one bank are submitted, the certified unutilized limits should be of the same date from all such banks.

(f)Where another Company of the group acting as the Treasury Centre is responsible for Treasury Management of the Associate having combined credit/guarantee limit for the whole group, the associate would be required to provide a Banker’s certificate regarding the unutilised 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 Associate shall have access to the line of credit of a level not less than the amount specified at Cl. 2.2 (e) above. In proof of this, the Bidder would be required to furnish along with its techno-commercial bid, a Letter of Undertaking from the Treasury Centre, supported by a Resolution passed by the Board of Directors of the Associate’s holding company, as per the format enclosed in the bidding documents, pledging unconditional and irrevocable financial support to the associate to honour the terms and conditions of the Deed of Joint Undertaking, in case of award of the contract to the Bidder with whom Associate is associated.

(g)In case the Associate’s unutilized line of credit for fund based and non-fund based limits specified at Cl.2.2 (e) above is not sufficient, a comfort letter from one of the bankers specified in the bidding documents unequivocally stating that in case of award of the contract to the Bidder with whom Associate is associated, the Bank would enhance line of credit for fund based and non- fund based limits to a level not less than the specified amounts to the associate or to the Treasury Management Centre as the case may be, shall be acceptable.

NOTES FOR CLAUSE 2.1 & 2.2

(i)Net worth means the sum total of the paid up share capital and free reserves. Free reserve 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)For unutilised line of credit for fund based and non-fund based limits and 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.

2.3Notwithstanding anything stated above, the Employer reserves the right to assess the capabilities and capacity of the Bidder / its collaborators / associates / subsidiaries / group companies to perform the contract, should the circumstances warrant such assessment in the overall interest of the Employer.

VIII. 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.

IX. Prospective Bidders from Uttar Pradesh State of India are compulsorily required to provide TIN number at the time of purchase of Bidding Documents from Office of NTPC.

X.A complete set of Bidding Documents may be purchased by any interested Bidder on submission of a written application and payment (non-refundable) of the cost of Bidding Documents, as mentioned at Sl. No. IV. above, in the form of a Crossed Account Payee Demand Draft in favour of “NTPC Limited”, New Delhi. The Bidding Documents can also be downloaded from http://www.ntpctender.com on registration and online payment (non-refundable) towards cost of Bidding Documents and the downloaded documents can be used for Bidding purposes.

In case the registered Bidders who have downloaded the Bidding Documents require an additional manual copy of the documents then such Bidders shall be required to purchase the manual copy of the Bidding Documents following the procedure detailed above.

Issuance of Bidding Documents to any Bidder shall not construe that such Bidder is considered to be qualified. Bids shall be submitted and opened at the address given below in the presence of Bidder’s representatives who choose to attend the Bid Opening.

XI. Address for communication:

AGM (CS-I) / Sr. Manager (CS-I)

NTPC Limited,

Sixth Floor, Engineering Office Complex,

Plot A-8A, Sector-24, NOIDA,

Distt.-Gautam Budh Nagar, Uttar Pradesh,

PIN-201301, India

Fax No: +91-120-2410335/ 2410011

Tele. No. +91-120-4948665/ 4948659