DETAILED INVITATION FOR BIDS (IFB)

NTPC LIMITED

(A GOVERNMENT OF INDIA ENTERPRISE)


CORPORATE CONTRACTS, NOIDA


INVITATION FOR BIDS (IFB)


FOR


POWER TRANSFORMER PACKAGE


FOR


KAHALGAON SUPER THERMAL Power Project, (4x210 MW + 3x500 MW)

at Kahalgaon, District Bhagalpur, State of Bihar, INDIA


(Domestic Competitive Bidding)



IFB No.: 40050006 Date : January 14th, 2016


Bidding Document No.: CS-4200-501(R)-2



1.0 NTPC Limited (NTPC) invites online bids on Single Stage Two Envelope bidding basis (Envelope-1: Techno-Commercial Bid & Envelope-2: Price Bid) from eligible bidders for Supply and Installation of above mentioned Package for Kahalgaon Super Thermal Power Project, Stage- I&II (4x210 MW+ 3x500MW) situated at Kahalgaon, Distt. Bhagalpur in the State of Bihar, India, as per the Scope of Work mentioned hereinafter.


2.0 SCOPE OF WORK


The brief Scope of work for the subject package is as under:


The package covers design, engineering, manufacture, testing at works, short circuit testing, transportation to site, receipt, handling and storage at site, erection and commissioning of Transformers and inclusive of necessary tools and tackles and supply of mandatory spares & Measuring kits and 5% extra transformer oil.


3.0 NTPC intends to finance this Package through Domestic commercial borrowing / Own resources.


4.0 Detailed specification and scope are given in the bidding documents, which are available for examination and sale at the address given below and as per the following schedule:


Bidding Document No. : CS-4200-501(R)-2


Document Sale Date & : 14.01.2016 to 04.02.2016 (up to 1730 hrs. IST)

Timing

Last date for receipt of : 15.02.2016

queries from bidders (if any)


Bid Receipt Date & Time : 25.02.2016 by 1430 hrs.


Techno- Commercial Bid : 25.02.2016 by 1500 hrs. (IST)

Opening Date & Time (IST)


Price Bid Opening Date : Shall be intimated separately by NTPC

& Time (IST)


Cost of Bidding Document : Rs. 6,750 (Rupees Six Thousand and Seven Hundred Fifty only) per set


5.0 All bids must be accompanied by Bid Security for an amount of `38,11,000/- (Indian Rupees Thirty Eight Lakhs Eleven Thousand only). Bids not accompanied by the acceptable Bid Security in a separate sealed envelope shall not be entertained and in such cases, bids shall be rejected by EMPLOYER as being non-responsive and shall not be opened.


6.0 QUALIFYING REQUIREMENT FOR BIDDERS


In addition to the requirements stipulated in Section ITB, the following shall also apply.


The Bidder should meet the qualifying requirements of any one of the qualifying routes stipulated under clause 1.1 or 1.2. In addition, the Bidder should also meet the requirements stipulated under clause 2.0, 2.0 and 3.0 as applicable and the requirements stipulated in section ITB (Instruction to Bidder).


1.0 Technical Criteria


1.1 ROUTE-1


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 200 MVA capacity (either three phase transformer as a single unit or single phase transformer) which should be in successful operation for at least two(2) years prior to the date of Techno- Commercial bid opening.


1.2 ROUTE-2


Bidder who have designed, manufactured, installed/supervised installation and commissioned/supervised commissioning of at least two (2) nos. 220 KV or above class transformer which are in successful operation for two (2) years prior to the date of Techno- Commercial bid opening and have established manufacturing facilities for 400 KV class transformers based on technological support of its Associate or Collaborator, can also be considered Qualified provided its Associate or Collaborator meets the qualifying requirement stipulated at 1.1 above and Bidder furnishes an undertaking jointly executed by it and its Associate or Collaborator, as per the format, enclosed in the bidding document for the successful performance of the equipment. This joint deed of undertaking should be submitted along with the Techno-Commercial bid, failing which the Bidder shall be disqualified and its bid rejected.

In case of award, the Associate or Collaborator will be required to furnish an on demand Bank Guarantee for 2% (two percent) of the contract price in addition to the Contract Performance Security to be furnished by the Bidder.


NOTES:


  1. Two different installations means two different project sites or two different contracts.


  1. Equipment designed by the Bidder by itself or through its collaborator/associate for reference plant, shall also be considered meeting the requirement of design.


2.0 Financial Criteria of Bidder


2.1 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 ` 124 million (Indian Rupees One hundred twenty four million only) or in equivalent foreign currency.


2.2 In case a Bidder does not satisfy the financial criteria, stipulated at Cl. 2.1 above on its own, its Holding Company would be required to meet the stipulated turnover requirements at Cl. 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 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.

In case where audited results for the last financial year as on date of Techno commercial bid opening are not available, the financial results certified by a practicing Chartered Accountant shall be considered acceptable. In case Bidder is not able to submit the Certificate from a practicing Chartered Accountant certifying its financial parameters, the audited results of the three consecutive financial years preceding the last financial year shall be considered for evaluating the financial parameters. Further, a Certificate would be required from the CEO/CFO as per the format enclosed in the bidding documents stating that the Financial results of the Company are under audit as on the date of Techno-commercial bid opening and the Certificate from the practicing Chartered Accountant certifying the financial parameters is not available.


2.3 Net Worth should not be less than 100% of the Bidder’s paid up share capital as on the last day of the preceding financial year. In case the Bidder meets the requirement of Net worth based on the strength of its subsidiary(ies) and/or Holding company and/or Subsidiaries of its holding companies wherever applicable, the Net worth of the Bidder and its Subsidiary(ies) and/or Holding company and/or Subsidiaries of the holding company, in combined manner should not be less than 100% of their total paid up share capital. However individually, their net worth should not be less than 75% of their respective paid up share capitals.


Net worth in combined manner shall be calculated as follows:

Net worth (combined) =(X1+X2+X3)/ (Y1+Y2+Y3) X100

Where X1, X2, X3 are individual Net worth which should not be less than 75% of the paid up share capitals and Y1, Y2, Y3 are individual paid up share capitals.

2.4 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:


    1. Copies of the unaudited unconsolidated financial statements of the Bidder alongwith copies of the audited consolidated financial statements of the Holding Company.


    1. 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 Statements of the Holding company.

3.0 Financial Criteria of Collaborator/Associate of the Bidder


3.1 The average annual turnover of the Collaborator/Associate, in the preceding three (3) financial years as on the date of Techno-Commercial bid opening, should not be less than ` 12 million (Indian Rupees Twelve million only) or in equivalent foreign currency.


3.2 In case a Collaborator/Associate does not satisfy the financial criteria, stipulated at Cl. 3.1 above on its own, its Holding Company would be required to meet the stipulated turnover requirements at Cl. 3.1 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 Collaborator/Associate 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 Collaborator/ Associate in case of award.


In case where audited results for the last financial year as on date of Techno commercial bid opening are not available, the financial results certified by a practicing Chartered Accountant shall be considered acceptable. In case Collaborator/Associate is not able to submit the Certificate from a practicing Chartered Accountant certifying its financial parameters, the audited results of the three consecutive financial years preceding the last financial year shall be considered for evaluating the financial parameters. Further, a Certificate would be required from the CEO/CFO as per the format enclosed in the bidding documents stating that the Financial results of the Company are under audit as on the date of Techno-commercial bid opening and the Certificate from the practicing Chartered Accountant certifying the financial parameters is not available.


3.3 Net Worth should not be less than 100% of the Collaborator/Associate paid up share capital as on the last day of the preceding financial year. In case the Collaborator/Associate meets the requirement of Net worth based on the strength of its subsidiary(ies) and/or Holding company and/or Subsidiaries of its holding companies wherever applicable ,the Net worth of the Collaborator/Associate and its Subsidiary(ies) and/or Holding company and/or Subsidiaries of the holding company , in combined manner should not be less than 100% of their total paid up share capital .However individually ,their net worth should not be less than 75% of their respective paid up share capitals.

Net worth in combined manner shall be calculated as follows:

Net worth (combined) =(X1+X2+X3)/ (Y1+Y2+Y3) X100

Where X1, X2, X3 are individual Net worth which should not be less than 75% of the paid up share capitals and Y1, Y2, Y3 are individual paid up share capitals.


3.4 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 on substantiation of its qualification:


  1. 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.


  1. 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 Holding company.


NOTES:


  1. 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.


  1. Other income shall not be considered for arriving at annual turnover.


  1. Holding Company’ and ‘Subsidiary Company’ shall have the meaning ascribed to them as per Companies Act of India.


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 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 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 issuance of user id and password.



Prospective bidders from UP state are compulsorily required to provide TIN number at the time of purchase of Bidding Documents from the office of NTPC Ltd.


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


9.1 Issuance of Bid 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.


10.0 ADDRESS FOR COMMUNICATION:


AGM (Contract Services- I)/ Manager (Contract Services- I),

NTPC Limited,

Sixth Floor, Engineering Office Complex,

A-8A, Sector-24, NOIDA,

Distt. Gautam Budh Nagar, (UP), INDIA

Pin-201301

Tel. No.: 0091-120-4948661/6606

Fax No.: 0091-120-2410335/011


  1. 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