an event, the bidder would be required to furnish along with its Techno #Commercial bid, a letter or Undertaking from the Holding
Company, supported by the Holding Company#s Board resolution as per the format enclosed in the bid document, 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.
9.2 (c) The Net Worth of the bidder as on the last day of the preceding financial year (reckoned on the date of techno #commercial
bid opening) should not be less than 100% of the bidders paid up share capital . In case the bidder meets the requirement of Net
Worth based on the strength of its Subsidiary (ies) and/or holding company and/or Subsidiaries of its Holding companies wherever
applicable, 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, wherever applicable,
the Net worth of all Consortiums/Joint Ventures 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) 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 up share capitals.
9.2 (d) 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 further furnishes the following 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 annual financial statements of the Holding Company.
In case 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 for the 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 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 in not available .
NOTE FOR FINANCIAL CRITERIA:
(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 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 & Surplus.
(ii)Other income shall not be considered for arriving at annual turnover.
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
Manoj Kumar Gupta, Sr.Manager(cs), NTPC Ltd.,Feroz Ghandhi Unchahar Thermal Power Project, Po-
UNCHAHAR-229406,Raibareli (U.P) (E-mail: manojgupta@ntpc.co.in) mob: 9450925361
Ashok Yadav, DGM(IT), NTPC Ltd.,Feroz Ghandhi Unchahar Thermal Power Project, Po- UNCHAHAR-229406,Raibareli (U.P)
(E-mail: ashokyadav@ntpc.co.in) mob: 8004947090
Websites: https://etender.ntpclakshya.co.in/sap/bc/gui/sap/its/bbpstart or www.ntpctender.com or www.ntpc.co.in