Section-I
Pakri Barwadih Coal Mining Project
Page 3 of 5
c) 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
with 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 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 a
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.
Notes
(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 profits and share premium account but does not include
reserves credited out of the revaluation of the 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 and
surplus.
(ii) Other income shall not be considered for arriving at annual turnover.
(iii) “Holding Company” and “Subsidiary Company” shall have the meaning ascribed to them as
per Companies Act of India.
(iv) For Turnover indicated in foreign currency, the exchange rate as on 7 days prior to the date of
Techno-commercial bid opening shall be used.
SALIENT TECHNICAL FEATURES:
Salient Technical features of the services covered in the NIT -9900154406 are mentioned below.
These salient technical features are mentioned only to facilitate the prospective bidders to prima facie
understand the requirements there under and shall not in any way limit or alter the scope of work and
services covered in the Bidding Documents. The scope of work contained in technical
features/specification of services, forming part of Bidding Documents shall be final and binding. The
proposed subject work is “Loading, Transportation, unloading and wagon loading of coal from surface
coal stockyard of Eastern Quarry of Pakri Barwadih Coal Mining Project to Banadag Railway Siding,
Hazaribagh including associated miscellaneous works for an interim period of one year”.