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NTPC LIMITED

(A Govt. of India Enterprise)

CORPORATE CONTRACTS, NOIDA

INVITATION FOR BIDS (IFB)

FOR

COOLING TOWERS PACKAGE

FOR

TALCHER THERMAL POWER PROJECT, STAGE-III (2X660 MW)

TALCHER, DISTRICT ANGUL, STATE OF ODISHA, INDIA

(International Competitive Bidding)

IFB No. : 40079360 Date: 09.08.2017

Bidding Document No. : CS-4540-135-2

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 Cooling Towers

Package for Talcher Thermal Power Project, Stage-III (2x660 MW) situated at

Talcher, District Angul, Odisha, as per the Scope of Work mentioned hereinafter.

2.0 BRIEF SCOPE OF WORK

Design, engineering, construction of concrete substructure and superstructure, application of

protective coatings, manufacturing, shop fabrication, assembly, testing and inspection at

manufacturer’s works, packing, dispatch, inland transportation to site, insurance, delivery at

site, receipt, unloading, handling, storage and in plant transportation at site, complete

construction/erection (including all associated mechanical, electrical, civil and structural works),

trial operations, performance and guarantee testing of all equipment and works required for

completing and handing over to the owner of Cooling Towers and furnishing of spares as per

specifications and scope defined in Bid Documents.

The detailed scope of work shall be as per specifications and scope defined in the Bidding

Document no. CS-4540-135-2 for Cooling Towers Package for Talcher Thermal Power Project,

Stage-III (2x660 MW).

3.0 NTPC intends to finance the subject package through External Commercial Borrowings

(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:

Bid Document No. : CS-4540-135-2

Bid Document Sale Date : From 09.08.2017 to 08.09.2017 up to 1500 Hrs

(IST)

Last Date for receipt of : 15.09.2017

queries for clarification

from prospective Bidders

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Date, Time and Venue for : 15.09.2017, 1030 Hrs (IST)

Pre-Bid conference at NTPC-EOC, Noida

Bid comprising of Techno- : 26.09.2017 up to 1430 Hrs (IST)

Commercial proposal and Price

Proposal Receipt Date & Time

Date & Time of opening of : 26.09.2017 at 1500 Hrs (IST)

Techno-Commercial Proposal

Date & Time of Opening of : Shall be intimated separately

Price proposal

Cost of Bidding Document : ₹ 22,500/- (Indian Rupees Twenty Two Thousand

per set for Indian Bidders and Five Hundred only)

per set for Foreign Bidders. US $ 500 (US Dollar Five Hundred only)

5.0 All bids must be accompanied by Bid Security for an amount of ₹ 4,35,79,000/- (Rupees Four

Crore Thirty Five Lakh Seventy Nine Thousand only) or US $ 667,600/- (United States Dollars

Six Hundred Sixty Seven Thousand and Six 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 BENEFITS/EXEMPTIONS TO SUPPLIES FOR MEGA POWER PROJECTS

Talcher Thermal Power Project, Stage-III (2x 660 MW) has been declared a Mega Power

Project by Ministry of Power (Govt. of India). Accordingly, supplies of goods for this package

may be eligible for the benefits / exemptions as per provisions of relevant policy & notifications

of Govt. of India.

7.0 QUALIFYING REQUIREMENT FOR BIDDERS

In addition to the requirements stipulated in Section ITB (Instructions to Bidder), the following

shall also apply:

7.1.0 Technical Criteria

7.1.1 The Bidder should have designed by itself, constructed and commissioned atleast one (1)

number of Natural Draught Cooling Tower in RCC construction of capacity not less than 30000

Cu.M/Hr and which should have been in successful operation for atleast one (1) year prior to

the date of techno-commercial bid opening.

Notes for clause 7.1.1

(i) “Designed by itself” means that the tower(s) of reference plant must have been designed by

the bidder’s own engineers.

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7.2.0 Financial Criteria:

7.2.1 Financial Criteria for the 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 ₹ 944 Million (Indian

Rupees Nine Hundred Forty Four Million only) or in equivalent foreign currency.

In case a Bidder does not satisfy the average annual turnover criteria, stipulated above on its

own, its Holding Company would be required to meet the stipulated turnover requirements as

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 the Holding Company, supported by the

Holding Company’s 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.

b) Net worth should not be less than 100% (hundred percent) of the bidder’s paid up share

capital as on the last day of the preceding financial year as on the date of techno-commercial

bid opening. In case the 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 Subsidiary (ies) of its Holding company wherever applicable. In such a case,

however 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%

(hundred percent) of their total paid up share capital. However individually, their Net worth

should not be less than 75% (seventy five percent) 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.

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 furnishes the following further 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 its 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 financial statements of the Holding 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 a 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

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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.

Notes for clause 7.2.1

(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) "Holding Company" and "Subsidiary Company" shall have the meaning ascribed to them

as per Companies Act of India.

(iv) For annual 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.

8.0 Notwithstanding anything stated above, the Employer reserves the right to assess the

capabilities and capacity of the Bidder / its Collaborators / Associates / Subsidiaries / Group

companies to perform the Contract, should the circumstances warrant such assessment in the

overall interest of the Employer.

9.0 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.

10.0 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 & 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 Bidding Documents sale close

date along with duly filled in questionnaire for issue of Vendor Code and SRM User ID &

Password.

11.0 Issuance of bid documents to any Bidder shall not construe that such bidder is considered

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, Power of Attorney and Joint Deed of Undertaking(s) (if

applicable) separately offline as detailed in Bidding Documents by the stipulated bid

submission closing date and time at the address given below.

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

12.0 Transfer of Bidding Documents purchased by one intending Bidder to another is not

permissible.

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13.0 Address for Communication:

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

NTPC Limited,

Floor, Engineering Office Complex,

A-8A, Sector-24, NOIDA,

Distt. Gautam Budh Nagar, (UP), INDIA

Pin - 201301

Fax No.: 0091-120 - 2410011

Tel. No.: 0091-120 - 4946679 / 6671/ 6664

E-mail: skvashisth@ntpc.co.in / ashokkumar06@ntpc.co.in / sanjaydeodhar@ntpc.co.in

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

14.0 Registered Office:

NTPC Limited

NTPC Bhawan, SCOPE Complex,

7, Institutional Area, Lodi Road,

New Delhi – 110003

Corporate Identification Number: L40101DL1975GOI007966