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, wherever applicable, the net worth of all
Consortium/Joint Venture members in combined manner should not be less than
100% of their 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 shall not be less than 75% of the respective paid up share capitals
and y1, y2 , y3 are individual paid up share capitals.
7.2.3 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.
7.2.4 In case the bidder is not able to furnish its audited financial statements on
standalone 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.
• Copies of the unaudited unconsolidated financial statements of the bidder
along with the copies of the audited consolidated financial statements of the
holding company.
• 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 report of the
company.
Notes:
1. Other income shall not be considered for arriving at annual turnover..
9.0 A complete set of Bidding Documents may be received by interested Bidder on payment
( non-refundable) of cost of the documents as mentioned above in the form of a crossed
account Payee demand draft in favor of NTPC Ltd., Payable at Lara- Raigarh or directly
through NTPC tender site (www.ntpctender.com).
10.0 Issuance of bid documents to any Bidder shall not construe that such bidder is considered
to be qualified. Bids shall be submitted in hard copy and opened at the address given