NTPC LIMITED

(A GOVERNMENT OF INDIA ENTERPRISE)

CORPORATE CONTRACTS, NOIDA

INVITATION FOR BIDS (IFB)

FOR

"ELECTRICAL EQUIPMENT SUPPLY & ERECTION" PACKAGE

FOR

DARLIPALI SUPER THERMAL POWER PROJECT, STAGE-I (2x800 MW)

LOCATED AT DARLIPALI, DISTRICT- SUNDARGARH, STATE OF ODISHA, INDIA

 (International Competitive Bidding)

IFB No.: CS-9549-215-2                                                                                          Date: 13.06.2014

I.          NTPC Limited invites sealed Bids from eligible Bidders for 'Electrical Equipment Supply & Erection' Package for Darlipali Super Thermal Power Project, Stage-I (2x800 MW) located at Darlipali, District-Sundargarh, State of Odisha, India on Single Stage Two Envelope basis [i.e. Envelope-I (Techno-Commercial Bid) and Envelope-II (Price Bid)], as per the brief scope of work mentioned hereinafter.

II.         BRIEF SCOPE OF WORK

The Bidder's scope of work shall include design, manufacture, supply, handling and storage at site, complete installation, testing and commissioning of equipment of Cabling, Earthing, Lightning protection, DC System including DC health monitoring system, DG Sets, Station Lighting, Dry Type LT indoor Transformers, Outdoor Transformers, 132kV Cables & Accessories and 11kV Overhead lines etc. including supply of Mandatory Spares as per specifications and scope defined in the Bidding Document No. CS-9549-215-2.

III.        NTPC intends to finance this Package through External Commercial Borrowings/Own Resources.

IV.        Detailed Specification, Scope of Work and Terms & Conditions are given in the Bidding Documents, which are available for examination and Sale at the address given below and as per the following schedule:

            Date of Opening of Price Bid shall be intimated separately by NTPC.

            The Bidding Documents can also be downloaded from http://www.ntpctender.com as per the details mentioned at Sl. No. 'X' below.

V.         All Bids must be accompanied by Bid Security for an amount of INR. 1,74,26,000/- (Indian Rupees One Crore Seventy Four Lakh Twenty Six Thousand only) or US $ 2,95,000 (US Dollars Two Lakh Ninety Five Thousand only) 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 BIDDERS WITHOUT BEING OPENED.

VI.        BENEFITS/EXEMPTIONS TO SUPPLIES FOR MEGA POWER PROJECTS

            Darlipali STPP, Stage-I (2x800 MW) has been declared a Mega Power Project by the Government of India. Accordingly, supplies of goods under this Package shall be eligible for the benefits/exemptions as per provisions of the relevant notifications of the Government of India.

VII.       Qualifying Requirements for Bidder

1.0       In addition to the requirements stipulated in Section ITB (Instruction to Bidders), the following shall also apply:-

1.1       (a)        The Bidder should have executed at least one (1) contract in which it has installed Power cables including 6.6KV unearthed or higher grade cables and Control cables (not less than 1.1KV grade) along with associated accessories and cable trays for an industrial installation, which should have been in successful operation for a period of atleast two (2) years prior to the date of Techno-Commercial bid opening. The total quantity of Power and Control cables laid in above contract should be 400kms or more.

            (b)        The Bidder should have also supplied, installed and commissioned at least one lighting system for an industrial installation of contract value of at least '10 Million (Indian Rupees Ten Million only) or in equivalent foreign currency, which includes associated cabling, prior to the date of Techno-Commercial bid opening.

1.2       The Bidder, who only meets the requirement of clause 1.1(a) above, should associate with an agency who in turn fully meets the requirements of clause 1.1(b). In such a case the Bidder should furnish an undertaking jointly executed by it and its associate for the satisfactory performance of the relevant portion of the contract (lighting system) as per the format enclosed in the bidding document. This Deed of Joint Undertaking should be submitted along with the bid, failing which Bidder shall be disqualified and its bid shall be rejected. In case of award, the Associate shall be required to furnish an on demand Bank Guarantee for 1.5% of the contract price in addition to the contract performance security to be furnished by the Bidder.

2.0       Financial Criteria:

2a.0     Financial Criteria of Bidder

2a.1     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 ' 253 Million (Indian Rupees Two Hundred & Fifty Three Million only)  or in equivalent foreign currency.

2a.2     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.

2a.3     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 Holding Company.

(ii)        A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed with the bidding documents, stating that the unaudited unconsolidated financial statements form part of the Consolidated Financial Statements of the Holding Company.

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

2a.4     In case a bidder does not satisfy the financial criteria, stipulated at Cl.2a.1 and / or Cl.2a.2 above on its own, its Holding Company would be required to meet the stipulated turnover requirements at Cl.2a.1 above, provided that the net worth of such Holding Company as on the last day of the preceding financial year is atleast 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.

2a.5     The unutilised 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 ' 266 Million (Indian Rupees Two Hundred & Sixty Six 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.

2a.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 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.2a.5 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 with the bidding documents, pledging unconditional and irrevocable financial support for the execution of the Contract by the Bidder in case of award.

2a.7     In case the Bidder's unutilized line of credit for fund based and non-fund based limits specified at Cl.2a.5 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 nonfund based limits to a level not less than the specified amount at clause 2a.5 above to the Bidder or to the Treasury Centre as the case may be, shall be acceptable.

2b.0     Financial Criteria of Collaborator/Associate meeting 1.1(b):

2b.1     The average annual turnover of its Collaborator/Associate, in the preceding three (3) financial years as on the date of Techno-Commercial bid opening should not be less than ' 43 Million (Indian Rupees Forty Three Million only) or in equivalent foreign currency.

2b.2     The Net Worth of the Collaborator/Associate as on the last day of the preceding financial year should not be less than 25% of its paid-up share capital.

2b.3     In case the Collaborator/Associate is not able to furnish its audited financial statements on stand alone entity basis, the unaudited unconsolidated financial statements of the Collaborator/Associate can be considered acceptable provided the Collaborator/Associate further furnishes the following documents for substantiation of its qualification:

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

(ii)        A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed with the bidding documents, stating that the unaudited unconsolidated financial statements form part of the Consolidated Financial Statements of its Holding Company of Collaborator/Associate.

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

2b.4     In case the Collaborator/Associate does not satisfy the financial criteria, stipulated at Cl.2b.1 and/ or Cl.2b.2 above on its own, its Holding Company would be required to meet the stipulated turnover requirements at Cl.2b.1 above, provided that the net worth of such Holding Company, as on the last day of the preceding financial year is atleast equal to or more than the paid-up share capital of the Holding Company. In such an event, the Collaborator/Associate would be required to furnish along with Bidder's Techno-Commercial bid, a Letter of Undertaking from the Holding Company, supported by Board Resolution of the Holding Company, as per the format enclosed with the bidding documents, pledging unconditional and irrevocable financial support to the Collaborator/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 Collaborator/Associate is associated.

2b.5     The unutilised line of credit for fund based and non-fund based limits with cash and bank balances including fixed deposits of its Collaborator/Associate as on a date not earlier than 15 days prior to the date of Techno-Commercial bid opening, duly certified by Collaborator/Associate's Bankers should not be less than ' 27 Million (Indian Rupees Twenty Seven 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.

2b.6     Where another Company of the group acting as the Treasury Centre is responsible for Treasury Management of the Collaborator/Associate having combined credit/guarantee limit for the whole group, the Collaborator/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 Collaborator/Associate shall have access to the line of credit of a level not less than the amount specified at Cl.2b.5 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 Collaborator/Associate's Holding Company, as per the format enclosed in the bidding documents, pledging unconditional and irrevocable financial support to the Collaborator/Associate to honour the terms and conditions of the Deed of Joint Undertaking, in case of award of Contract to the Bidder with whom Collaborator/Associate is associated.

2b.7     In case the Collaborator/Associate's unutilized line of credit for fund based and non-fund based limits specified at Cl.2b.5 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 Collaborator/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 amount at clause 2b.5 to the Collaborator/Associate or to the Treasury Centre as the case may be, shall be acceptable.

NOTES:

(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.

3.0       Notwithstanding 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) / Dy. 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. +91-120-4946693/ 2410060