NTPC Limited
(A Government of India Enterprise)
Vindhyachal Super Thermal Power
NOTICE INVITING TENDER (NIT)
FOR
Construction of Sewage Treatment plant 6000 cum/day at Vindhyachal. (Estimated Cost Rs 1525.68)
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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 then 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.
2.0 (b) The Net Worth of the bidder as on the last day on the preceding financial year (reckoned on the
date of techno-commercial bid opening) should not be less than 100% of the Bidder's 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.
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
2.0(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 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 practising Chartered Accountant shall be considered
acceptable. In case, Bidder is not able to submit the certificate from practising Chartered Accountant