DETAILED INVITATION FOR BID
DEVELOPMENT OF 86 MW KAWAS-GANDHAR (65 MW AT KAWAS AND 21
MW AT GANDHAR) SOLAR PHOTO VOLTAIC PROJECT(S) IN GUJARAT
BIDDING DOCUMENT NO.: RE-CS-5732/5734-004-9
SECTION-I (IFB)
PAGE
6 OF 7
unconsolidated financial statements form part of the consolidated financial
statement of the Holding Company
.
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 the
Bidder is not able to submit the Certificate from a practicing Chartered
Accountant certifying its financial parameters, the audited result of three
consecutive financial years proceeding the last financial year shall be
considered for evaluating 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 techno-commercial bid opening and the Certificate from a practicing
Chartered Accountant certifying the financial parameters is not available.
Notes for Clause 2.0:
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 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” shall have the meaning ascribed
to them as per Companies Act of India.
iv. For 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.
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 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.