3.2.0 Financial Criteria
3.2.1 The average annual turnover of the Applicant in the preceding three (3) financial
years as on the last date notified for receipt of application, should not be less than
Rs. 20 millions (Indian Rupees Twenty millions only).
3.3.0 Notwithstanding anything stated above, the Employer reserves the right to assess
the capabilities and capacity of the Applicant /subcontractor/ group companies to
perform the contract, should the circumstances warrant such assessment in the
overall interest of the Employer.
Notes for clause 3.1.1 above:
i) If the qualifying work is completed in the last seven (7) years period specified
above, even if it has been started earlier, the same will also be considered as
meeting the qualifying requirements.
ii) The word “executed” means the Applicant should have achieved the progress
specified in the QR even if the contract is not completed/ closed.
iii) For concurrent works the same month shall be considered.
Notes for clause 3.1.4 above:
i. As specified at Clause 3.1.4.1 and 3.1.4.2, Applicant should own 5 nos. rotary
boring rigs and 2 nos. hydraulic feed rotary core drilling rigs. In case Applicant
owns less than specified 5 nos. rotary boring rigs but owns additional
equivalent nos. of hydraulic feed rotary core drilling rigs (over & above the
specified 2 nos.), he would be considered meeting the qualifying requirement.
However, he should own not less than 2 nos. hydraulic feed rotary core
drilling rigs as specified.
ii. In case the Applicant does not own the test set up mentioned at 3.1.4.3 and
3.1.4.4, then tie up with a reputed institution shall be permitted. Applicant
shall submit the agreement document in the form of joint agreement or MOU
in appropriate legally enforceable form along with the application.
Notes for Project title:
The word “Thermal” shall mean coal based/ gas based/ non-conventional power
projects.
4.0 Subsequent to Enlistment, only the Enlisted Agencies will be invited to submit bids
in respect of specific enquiry of Corporate Centre / Regional Head
Quarters/Projects for Conducting Preliminary and Detailed Geotechnical
Investigations for Thermal Power Projects till the time enlistment is valid.
5.0 NTPC reserves the right to reject any or all applications or cancel/withdraw the
‘Notice Inviting Applications’ without assigning any reasons whatsoever and in
such case no Applicant or intending Applicant shall have any claim arising out of
such action. NTPC shall also have the right to verify any information/document
furnished by the Applicant/Agency/Company/Firm and inspect the works carried
out by the Applicant/Agency/Company/Firm, if so required.