DETAILED INVITATION FOR BID
Development of 22 MW Solar PV Project at Auraiya in Uttar Pradesh
Bidding Document No.: RE-CS-5733-004 (R)-9
SECTION-I
(IFB)
PAGE
4 OF 7
a. The reference SPV based grid-connected power plant of 10MWp or above capacity
should be at a single location developed by Bidder for itself or any other client.
b. SPV based Roof-top solar power projects, which are grid connected, shall also be
considered eligible for QR purposes.
c. Bidder shall submit certificate of successful completion and operation from the
Owner.
d. Projects executed by Bidder’s group company, Holding Company or Subsidiary
Company shall not be considered as Bidder’s experience for meeting the QR.
e. In case the award for the reference works has been received by the Bidder either
directly from owner of plant or any other intermediary organization, a certificate
from such owner of plant or the intermediary organization shall be required to be
furnished by the Bidder along with its techno-commercial bid in support of its claim
of meeting requirement stipulated above. Certificate from owner of the plant shall
also be furnished by the Bidder for successful operation of the reference plant.
f. In case of developer as bidder in clause 1.2 or 1.3, the documentary evidence
(certified by Chartered Accountant) for value of executed reference work must be
submitted by the bidder.
g. Developer means an entity who has either executed or got executed the work/
project as owner of industrial projects.
h. The execution of industrial project as EPC Contractor under Clause no. 1.3 means,
such EPC Contractor is responsible for all the activities i.e., Design/Engineering,
Procurement, Construction and Commissioning of a project/work.
2.0 FINANCIAL CRITERIA
2.1 The average annual turnover of the Bidder, should not be less than INR 86 Crores
(Indian Rupees Eighty Six Crores only) during the preceding three (3) financial
years as on date of techno-commercial bid opening.
In case a Bidder does not satisfy the annual turnover criteria, stipulated above on
its own, its Holding Company would be required to meet the stipulated turnover
requirements as above, provided 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 than 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.
2.2 Net Worth of the Bidder as on the last day of the preceding financial year should
not be less than 100% (hundred percent) of bidder’s paid-up share capital. In case