NTPC Limited

(A Govt. of India Enterprise)

CORPORATE CONTRACTS, NOIDA

INVITATION FOR BIDS (IFB)

FOR

2D Seismic Data Acquisition & Processing Package

FOR

Oil/Gas Exploration Block (CB-ONN-2009/5) of Cambay Basin

AT

AHMEDABAD AND MEHSANA DISTRICTS OF GUJARAT, INDIA

(International Competitive Bidding)

IFB No.:40033267 Date: 23.01.2015

Bidding Document No.: CS-8001-728B-2

1.0 NTPC invites Online Bids on Single Stage Two Envelope bidding basis (Envelope-I: Techno-Commercial Bid & Envelope-II: Price Bid) from eligible bidders for 2D Seismic Data Acquisition & Processing Package for CB-ONN-2009/5 Cambay On-Land Oil/Gas Exploration Block, located at Ahmedabad and Mehsana Districts of Gujarat, India, as per scope of work mentioned hereinafter.

2.0 BRIEF SCOPE OF WORK

To acquire and process 340 LKM 2-D seismic data for Exploration Block CB-ONN-2009/5, in the State of Gujarat. Above scope of work interalia includes the following:

1. Survey Design

2. Mobilization of equipment and personnel

3. Topographic survey for laying of seismic lines.

4. Drilling of shot-holes and Dynamite loading

5. Recording of Seismic data

6. Processing of recorded data.

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 the address given below and as per the following schedule:

5.0 All bids must be accompanied by Bid Security for an amount of Rs. 5,81,000/- (Indian Rupees Five Lacs Eighty One Thousand only) or US Dollars 9,100 (US Dollars Nine Thousand One Hundred only). 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 Qualification Requirements for Bidders

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

6.1.0 Technical Criteria

6.1.1 Bidder should have executed at least one project of minimum 270 LKM of onland 2D seismic data acquisition within the preceding seven (7) years reckoned as on the date of Techno-Commercial bid opening.

NOTES:

a) A company formed by acquisition or merger of two or more companies or divisions of such companies engaged in seismic data acquisition can also participate provided any of the constituent companies or divisions before the merger meets the stipulated qualifying requirements.

b The word “executed” means the bidder should have achieved the criteria specified in the above qualification requirements within the preceding seven year period even if the contract has been started earlier.

6.2.0 Financial Criteria:

6.2.1 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 77 Millions (Indian Rupees Seventy Seven Millions 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 the 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 alongwith 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 with the bidding documents, stating that the unaudited unconsolidated financial statements form part of the Consolidated financial statements of its 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.

d) In case a bidder does not satisfy the financial criteria, stipulated at Cl. 6.2.1 (a) and/ or Cl. 6.2.1 (b) above on its own, its holding company would be required to meet the stipulated turnover requirements at Cl. 6.2.1 (a) 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 bid documents, pledging unconditional and irrevocable financial support for the execution of the Contract by the bidder in case of award.

e) 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 INR 23 Millions (Indian Rupees Twenty Three Millions only) or in equivalent foreign currency. In case certificates from more than one bank are submitted, the certified unutilized limits shall 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.6.2.1(a) 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.

g) In case the Bidder’s unutilized line of credit for fund based and non-fund based limits specified at Cl.6.2.1(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 at clause 6.2.1 (e) to the bidder or to the Treasury Management Centre as the case may be, shall be acceptable.

NOTES for Clause 6.2.1:

(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 un-utilised line of credit for fund based and non-fund based limits and Turnover indicated in foreign currency, the exchange rate as on 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 Prospective Bidders from U.P. State are compulsorily required to provide TIN number at the time of purchase of bidding documents from office of NTPC.

9.0 A complete set of Bidding Documents may be downloaded by any interested Bidder on payment (non-refundable) of the cost of the documents as mentioned above in the form of a crossed account Payee demand draft in favour of NTPC Ltd., Payable at New Delhi or directly through the payment gateway at our SRM Site (https://etender.ntpclakshya.co.in). For logging on to the SRM Site, the bidder would require vendor code and SRM user id and password which can be obtained by submitting a questionnaire available at our SRM site as well as at NTPC tender site (www.ntpctender.com). First time users not allotted any vendor code are required to approach NTPC at least three working days prior to Document Sale Close date along with duly filled in questionnaire for issue of vendor code and SRM user id/password.

Note: No hard copy of Bidding Documents shall be issued.

10.0 Issuance of bid documents to any Bidder shall not construe that such bidder is considered to be qualified. Bids shall be submitted online and opened at the address given below in the presence of Bidder’s representatives who choose to attend the bid opening. Bidder shall furnish Bid Security, Integrity Pact and Power of Attorney separately offline as detailed in Bidding Documents by the stipulated bid submission closing date and time at the address given below.

11.0 Address for communication:

Dy. Manager (CS-II) / DGM (CS-II)

NTPC Limited,

6th Floor, Engineering Office Complex,

A-8A, Sector-24, NOIDA,

Distt. Gautam Budh Nagar, (UP), INDIA

Pin – 201301.

Fax No.: 0091-120 – 2410359/2410011

Tel. No.: 0091-120- 4948674 / 4946665 / 2410528

e-mail: dhananjaymohapatra@ntpc.co.in/ jagmohan01@ntpc.co.in

Websites: https://etender.ntpclakshya.co.in or www.ntpctender.com or www.ntpc.co.in