NTPC Limited

(A Govt. of India Enterprise)

CORPORATE CONTRACTS, NOIDA

INVITATION FOR BIDS (IFB)

FOR

TG Package

FOR

Renovation & ModerniSation of Unit-IV & Unit-V (2x210MW) of

Badarpur Thermal Power Station

LOCATED AT

DELHI, INDIA

(International Competitive Bidding)

IFB No.: 40033239 Date: 31.01.2015

Bidding Document No: CS-1508(R&M)-110A-2

1.0 NTPC invites on-line bids in Two Stages (i.e. Stage-I (Techno-Commercial) Bid and Stage-II (Price) Bid) from eligible Bidders for aforesaid package, as per the scope of work briefly mentioned hereinafter:

2.0 Brief Scope of Work

The scope of TG package for R&M of Unit IV & V of Badarpur Thermal Power Station, Stage-II (2x210 MW) includes design, manufacture, engineering, inspection, testing, Packing, Port Clearance, Port Handling & Port Charges including Custom reconciliation, if any, Supply, Inland transportation for delivery at site, inland transit insurance, forwarding to site, unloading, erection, supervision, pre-commissioning, testing, commissioning and performance testing of two (2) no. steam turbine generator unit along with auxiliaries. The scope also includes disassembly of existing equipment/ systems, replacement of specified equipments/ systems by supplying new equipments/ systems including supply of assembly materials, with new modernized equipments / components compatible to existing facilities / layout by Re-engineering / Re-Design etc. The major work under this Renovation & modernization package is given below; however, the detail scope of work shall be as specified in the bidding documents.

Replacement of existing HP, IP and LPT with new & improved design HP, IP and LPT modules retaining LPT outer casing, stop & control valves, Turbine governing system, Turbine control system, etc. In addition, the scope covers replacement/ refurbishment/ retrofitting/ modernization of associated turbine and generator auxiliary equipments, piping, valves, Hangers & supports etc.

3.0 NTPC intends to finance the subject package through ECB/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 INR 6,67,00,000/- (Indian Rupees Six Crores Sixty Seven Lakh only) or in US$ 1,071,400/- (US Dollars One Million Seventy One Thousand Four 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 SHALL NOT BE OPENED.

6.0 Qualifying Requirements for Bidders:

In addition to qualifying requirements stipulated under Section ITB (Instruction To Bidder), the Bidder should also meet the qualifying requirements for Renovation and Modernisation stipulated under Technical criteria either at clause 6.1.1 or 6.1.2, along with the financial criteria stipulated at clause 6.2.0:

6.1.0 Technical Criteria

6.1.1 Route 1: 200 MW Steam Turbine Set Maufacturer

The Bidder should have designed, engineered, manufactured, erected/ supervised erection, commissioned/ supervised commissioning of one (1) unit of reheat type Steam Turbine set consisting of HP, IP and LP cylinders of 200 MW or above capacity in at least one (1) fossil fuel fired thermal power station which should have been in successful operation for at least one (1) year prior to the date of techno-commercial bid opening. The Bidder shall offer only the type of Steam Turbine set for which it is qualified.

6.1.2 Route 2: Joint Venture comprising of maximum two firms

(i) The Bidder should be a Joint Venture comprising of firms (maximum two (2) numbers) meeting the requirements stipulated as follows:

a. One firm should be an organisation which has executed/ is executing at least one (1) contract of the Renovation & Modernisation of the steam turbine in at least one (1) fossil fuel fired thermal power station having a unit size of 100 MW or above capacity prior to the date of techno-commercial bid opening.

b. The other firm should be a steam Turbine set manufacturer meeting the requirements of Cl. 6.1.1 above.

(ii) The Joint Venture partners as at 6.1.2(i) above should necessarily identify one of the partners as the lead partner. The Joint Venture should provide along with the bid a Joint Venture Agreement, as per the format enclosed in the bidding documents in which the partners in the Joint Venture are jointly and severally liable to the employer to perform all the contractual obligations. The Joint Venture Agreement should be submitted along with the bid, failing which the Bidder shall be disqualified and its bid shall be rejected. In this case, the bid security and in the event of award, the performance bank guarantee should be in the name of all the partners of the Joint Venture.

6.2.0 Financial Criteria:

6.2.1 Financial Criteria for the Bidder

6.2.1.1 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 INR 1100 million (Indian Rupees One Thousand One Hundred millions only) or in equivalent foreign currency.

6.2.1.2 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.

6.2.1.3 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 the 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 Annual Financial Statement 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.

6.2.1.4In case a bidder does not satisfy the financial criteria, stipulated at Cl. 6.2.1.1 and/ or Cl. 6.2.1.2 above on its own, its holding company would be required to meet the stipulated turnover requirements at Cl. 6.2.1.1 above, provided that the net worth of such holding company as on 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 bidding documents, pledging unconditional and irrevocable financial support for the execution of the Contract by the bidder in case of award.

6.2.1.5 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 the Bankers should not be less than INR 1204 million (Indian Rupees One Thousand Two Hundred Four millions 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.

6.2.1.6 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 should certify that out of the aforesaid limits certified by its banker's, the Bidder shall have access to the line of credit of a level not less than the specified amount at Clause 6.2.1.5 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 bidding documents, pledging unconditional and irrevocable financial support for the execution of the Contract by the bidder in case of award.

6.2.1.7 In case the Bidder’s unutilized line of credit for fund based and non-fund based limits specified at Cl. 6.2.1.5 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 non-fund based limits to a level not less than the specified amount to the bidder or to the Treasury Centre as the case may be, shall be acceptable.

6.2.1.8 In case of a bid submitted by Joint Venture, the turnover and line of credit shall be considered on a combined manner for both the JV partners and for the net worth, both the partners shall be required to meet individually. However, in case of a JV of holding and/or subsidiary companies, the options at Cl. 6.2.1.3 or Cl. 6.2.1.4 are also available to the Bidder.

NOTES:

(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 of, if any, shall be reduced from reserves & 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.

(iv) "Holding Company" and "Subsidiary Company" shall have the meaning ascribed to them as per Company's Act of India prevailing as on the date of Techno-Commercial Bid Opening.

(v) For the purpose of compliance to the stipulated turnover criteria given in Cl. No. 6.2.1.1, the turnover from the Joint Venture(s) in proportion to the bidder's/proposed JV partner(s)' share as declared in the Joint Venture agreement, shall also be considered.

5.0 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.

6.0 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.

7.0 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 e-tender Site (https://etender.ntpclakshya.co.in). For logging on to the e-tender Site, the bidder would require vendor code and e-tender user id and password which can be obtained by submitting a questionnaire available at our e-tender 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 e-tender user id/password.

8.0 Issuance of bidding 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.

9.0 Transfer of Bidding documents purchased by any one intending Bidder to another is not permissible.

10. Address for Communication

AGM (CS-II) / Manager (CS-II)

NTPC Limited,

6th Floor, Engineering Office Complex,

A-8A, Sector-24, NOIDA,

Distt. Gautam Budh Nagar, (UP),

INDIA Pin - 201 301.

Fax No.: +91-120 - 2410011 / 2410284

Tel. No.: +91-120 - 4948693/4948621

E-mail: sprasad01@ntpc.co.in / arpitjha@ntpc.co.in

Websites: www.ntpctender.com or www.ntpc.co.in

or https://etender.ntpclakshya.co.in

11.0 Registered Office

NTPC Limited

NTPC Bhawan, SCOPE Complex,

7, Institutional Area, Lodi Road,

New Delhi – 110003

Corporate Identification Number: L40101DL1975GOI007966,

Website: www.ntpc.co.in