NTPC LIMITED

(A GOVERNMENT OF INDIA ENTERPRISE)

CORPORATE CONTRACTS, NOIDA

INVITATION FOR BIDS

(INTERNATIONAL COMPETITIVE BIDDING)

FOR

HP/LP BY-PASS SYSTEM PACKAGE

FOR

MEGA R&M OF SINGRAULI SUPER THERMAL POWER STATION, STAGE-I (5X200MW)

LOCATED AT SHAKTI NAGAR, DISTRICT SONEBHADRA,

STATE OF UTTAR PRADESH, INDIA

IFB No.: 40054621

Date: 27.04.2016

Bidding Doc. No: CS-1110(R&M)-110B(R)-9

1.0NTPC Limited (NTPC) invites online bids from eligible bidders in Two Stages [i.e. Stage-I (Techno-Commercial) Bid and Stage-II (Price) Bid] for the aforesaid package as per the brief Scope of Work mentioned hereinafter.

2.0BRIEF SCOPE OF WORK

The scope of work for R&M includes designing / re-designing, basic and detailed engineering, re-engineering, refurbishing / retrofitting, supply, inspection and testing at supplier’s works, packing, forwarding to site, unloading and storage at site, pre-assembly, machining if required, site fabrication, dismantling and shifting, erection, repairing, replacing, application of thermal insulation, carrying out all precommissioning checks/ tests of HP/LP By-pass System and any other work required to complete the system, commissioning and trial operation, performance tests of various equipments and systems covered under the technical specification. The scope also includes supply of necessary tools & tackles and mandatory spares & Maintenance equipment and AMC for one year for the subject Package.

The detailed scope of work is specified in Technical Specifications (Section-VI).

3.0NTPC intends to finance the subject package through Own Resources.

4.0Detailed scope of work, specifications and terms & conditions are given in the Bidding Documents which are available for examination and sale at the address given below as per the following schedule:

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Documents Sale Dates	:	From 27.04.2016 to 25.05.2016
& Timings		from 1000 hrs to 1700 Hrs. (IST)
Stage-I (Techno-Commercial) Bid	:	17.06.2016 upto 1430 Hrs. (IST)
Receipt Date & Time
Stage-I (Techno-Commercial) Bid	:	17.06.2016 at 1500 Hrs. (IST)
Opening Date & Time
Cost of Bidding Document	:	Rs.7,875/- (Indian Rupees Seven Thousand
		Eight Hundred Seventy Five only) per set
		for Indian Bidders and US$ 175 (US Dollar
		One Hundred Seventy Five only) per set for
		Foreign Bidders
Last date of receipt of query	:	02.06.2016
from Bidders

Date of submission of Stage-II (Price) bid shall be intimated separately after opening of Stage-I (Techno-Commercial) Bids.

4.1Prospective Bidders from UP state are compulsorily required to provide TIN number at the time of purchase of bidding documents from Office of NTPC.

5.0All bids must be accompanied by Bid security for an amount equivalent to INR 4,781,000/- (Indian Rupees Four Million Seven Hundred Eighty One Thousand Only) or USD 71,300 (US Dollars Seventy One Thousand Three Hundred only) in the form as stipulated in bidding documents.

Any Bid not accompanied by the acceptable Bid Security in a separate sealed envelope shall be rejected by the Employer/NTPC as being non-responsive and returned to the bidder without being opened.

6.0Qualifying 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 hereunder in clauses 6.1.0 or 6.2.0 or 6.3.0 and clause 6.4.0:

6.1.0The Bidder should have designed, engineered, manufactured, erected / supervised erection, commissioned/ supervised commissioning of hydraulic operated HP Bypass system and LP Bypass system of 200MW or above capacity unit in at least one (1) coal 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 HP and LP bypass valves for which it is qualified.

6.2.0(a) The bidder should be a Joint Venture Company / Subsidiary Company formed for manufacturing and supply of HP and LP bypass system in India and should have a valid

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collaboration or licensing agreement for design, engineering, manufacturing of such equipment(s) in India with a qualified HP and LP bypass system manufacturer who meets the requirements stipulated at clause 6.1.0 above. Further, in such a case, such qualified HP and LP bypass system manufacturer should have, directly or indirectly through its Holding Company/ Subsidiary Company, atleast 26% equity participation in the Indian Joint Venture Company/ Subsidiary Company, which shall be maintained for a lock-in period of seven (7) years from the date of incorporation of such Joint Venture Company/ Subsidiary Company or upto the end of defect liability period of the contract, whichever is later. The bidder shall furnish a Deed of Joint Undertaking executed by it, the qualified HP and LP bypass system manufacturer and its Holding/ Subsidiary Company, as applicable, in which all the executants of the DJU shall be jointly and severally liable to the employer for the successful performance of the contract as per the format in the bidding document. The Deed of Joint Undertaking shall be submitted along with techno-commercial bid, failing which the Bidder shall be disqualified and its bid shall be rejected. In case of award, each executant of the DJU except the bidder will be required to furnish an on demand bank guarantee for INR 1.5 Million (Rupees One and Half Million) in addition to the contract performance security to be furnished by the Bidder.

6.2.0(b) Before taking up the manufacturing of HP and LP bypass system, the Bidder must create (or should have created) manufacturing and testing facilities at its works as per

Collaborator / licenser’s design, manufacturing and quality control system for such equipments duly certified by the Collaborator / licensor.

Further, the Collaborator / Licenser shall provide (or should have provided) all design, design calculation, manufacturing drawings and must provide (or should have provided) technical and quality surveillance assistance and supervision during manufacturing, erection, testing, commissioning of equipments.

6.3.0(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 HP and LP bypass system manufacturer meeting the requirements of Cl. 6.1.0 above.

6.3.0(ii) The Joint Venture partners as at 6.3.0 (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.

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6.4.0Financial Criteria

6.4.1.0Financial criteria for the Bidder

6.4.1.1The 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 68 Million INR (Sixty Eight Million only) or in equivalent foreign currency. In case any “Bidder” does not satisfy the average annual turnover criteria on its own, its Holding Company would be required to meet the stipulated turnover requirements, 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 the Holding Company, supported by Board Resolution, 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. For Joint Venture/Consortiums bid, all the partners of the Joint venture / Consortium shall be collectively required to meet the turnover criteria.

6.4.1.2The Net Worth of the Bidder as on the last day of the preceding financial year as on the date of techno commercial bid opening should not be less than 100% of its paid-up share capital. In case any “Bidder” does not meet the Net Worth criteria on its own, it can meet the requirement of Net Worth based on the strength of its Subsidiary(ies) and/or Holding Company and/or Subsidiaries of its Holding Company wherever applicable. In such a case, the Net Worth of the Bidder and its Subsidiary(ies) and/or Holding Company and/or Subsidiary(ies) 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. For Consortiums/Joint Ventures, the Net Worth of all Consortium/Joint Venture members in combined manner should not be less than 100% (Hundred percent) of their paid up share capital however individually, their Net Worth should not be less than 75% (seventy five percent) of their respective paid up share capital.

Net Worth in combined manner shall be calculated as follows: Net Worth (combined) = (X1+X2+X3)/(Y1+Y2+Y3) X 100

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

6.4.1.3In 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 furnishes the following further documents on 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.

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(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 financial year as on the 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 practicing Chartered Accountant certifying its financial parameters, the audited results of 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 practising Chartered accountant certifying the financial parameters is not available.

6.4.2.0Financial Criteria for the Collaborator(s) / Associate(s)

6.4.2.1The average annual turnover of the Collaborator(s) / Associate(s), in the preceding three

(3) financial years as on the date of techno-commercial bid opening, should not be less than the following for different Collaborator(s) / Associate(s) as applicable

Collaborator(s)	/	Applicable	Required annual turnover in Million
Associate(s)		clauses	INR or in equivalent foreign
			currency
Qualified HP	and LP	6.2.0	68 Million (Sixty Eight Million only)
bypass	system
manufacturer

In case any “Collaborator(s) / Associate(s)” does not satisfy the average annual turnover criteria on its own, its Holding Company would be required to meet the stipulated turnover requirements, 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 the Holding Company, supported by Board Resolution, as per the format enclosed in the bid documents, pledging unconditional and irrevocable financial support of terms and conditions of the contract, in case of award.

6.4.2.2The Net Worth of each Collaborator / Associate as on the last day of the preceding financial year should not be less than 100% of it’s paid-up share capital. In case any “Collaborator(s) / Associate(s)” does not satisfy the Net Worth criteria stipulated above on its own, its Subsidiary(ies) and/or Holding Company and/or Subsidiaries of its Holding companies would be required to meet the Net Worth requirements. In such a case, the Net worth of the Collaborator(s) / Associate(s) and its Subsidiary(ies) and/or Holding Company

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and/or Subsidiary(ies) 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) X 100

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

6.4.2.3In case the Collaborator(s) / Associate(s) is not able to furnish its audited financial statements on stand alone entity basis, the unaudited unconsolidated financial statements of the Collaborator(s) / Associate(s) can be considered acceptable provided the Collaborator(s) / Associate(s) furnishes the following further documents on substantiation of its qualification:

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

(ii)A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed in the bid documents, stating that the unaudited unconsolidated financial statements form part of the Consolidated Annual Financial Statement of the Holding Company of the Collaborator(s) / Associate(s).

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. In case, Collaborator(s) / Associate(s) is not able to submit the Certificate from practicing Chartered Accountant certifying its financial parameters, the audited results of 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 practising Chartered accountant certifying the financial parameters is not available.

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

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(iv)For Turnover indicated in foreign currency, the exchange rate as on 7 days prior to the date of techno-commercial bid opening shall be used.

7.0Notwithstanding anything stated above, the Employer reserves the right to assess the capabilities and capacity of the Bidder/ his collaborators/ associates/ subsidiaries/ group companies to perform the contract, should the circumstances warrant such assessment in the overall interest of the Employer.

8.0NTPC 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.

9.0A 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.

10.0Issuance of Bidding Documents to any bidder shall not construe that such Bidder is considered to be qualified.

11.0Transfer of Bidding Documents purchased by one intending Bidder to another is not permissible.

12.0Address for Communication:

AGM (CS-III) / Dy.Manager (CS-III) NTPC Limited,

6th Floor, Engineering Office Complex, A-8A, Sector-24, NOIDA - 201301, Distt. Gautam Budh Nagar,

State of UP, India.

Telephone No.: +91-120-4946604, 4948630 Fax No.: +91-120-2410295, 2410011

e-mail: aksingh38@ntpc.co.in, mohan02@ntpc.co.in

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

Registered Office: NTPC Bhawan, SCOPE Complex, 7, Institutional Area, Lodhi Road, New Delhi-110003, Corporate Identification Number: L40101DL1975GOI007966, Website: www.ntpc.co.in

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