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b) A certificate from the CEO/CFO of the Holding Company, as per format enclosed in the bid documents,
stating that the unaudited unconsolidated financial statements from part of the consolidated Annual
Report of the 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, 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 practicing Chartered Accountant certifying the financial
parameters is not available.
2.4 In case a bidder does not satisfy the financial criteria, stipulated at para 2.1 and/or para 2.2 above on its
own, the Holding company would be required to meet the stipulated turnover requirements at para 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 alongwith its 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.
2.5 NOTE : (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 profit and share premium account but does not include reserves
credited out of the revaluation of the asses, 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.
3.0 Additional Information :-
The following information are also required from the bidders about the companies where similar orders have
been executed.
1) Name of the customer / company where similar order has been executed.
2) Year of execution.
3) Name & Designation (Phone No., Fax No., Email ID) of contract person of the customer.
4.0 Tender documents shall be sent Online only to those vendors who deposit the tender fee at least 7 days before
the tender document sale closing day to enable the contracts department to send the bid documents in the email
id of the agency in time. The agencies who are not registered with NTPC Ltd as vendors and have not been issued
vendor codes are to apply for vendor code along with the following details like PAN card, address, telephone &
mobile No. Fax No, email id, company registration documents etc. For depositing of the tender online, a valid
Class IIIB digital signature of the authorized person of the agency is a prerequisite. The agencies having NTPC
vendor code must apply at least two days before the last date of document sale.
8.0 Issuance of Bidding Documents to any bidder shall not construe that bidder is considered qualified.
9.0 NTPC reserves the right to reject any or all bids or cancel/withdraw the NIT for the subject package
without assigning any reason whatsoever and in such case no bidder/intending bidder shall have any
claim arising out of such action.
10.0 Address for Communication
N.K.MALLICK, AGM (CS)