NTPC Limited
(A Government of India Enterprise)
Vindhyachal Super Thermal Power
DOMESTIC COMPETITIVE BIDDING
NOTICE INVITING TENDER (NIT)
FOR
R and M Package for the upgradation of the control system of gravimetric feeder with
microprocessor based system along with VFD, Helical reducer gear and weighing system of
NTPC Vindhyachal stage-II (Estimated Cost Rs 5,44,29,300.00)
6 | P a g e
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.
2.1.4 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.
Copies of the unaudited unconsolidated financial statements of the bidder along with
copies of the audited consolidated financial statements of its Holding Company.
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.
2.1.5 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 a 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 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 Charterd
Accountant certifying the financial parameters is not available.
.
2.2.0 Financial Criteria of Collaborator / Associate of the Bidder.
2.2.1 For bidder seeking qualification through Clause 1.2.0 or 1.3.0 or 1.4.0 above, the
average annual turnover of the Collaborator / Associate, in the preceding three (3)
financial years as on the date of Techno-Commercial bid opening, should not be less than
Rs. 272.00 Lakhs (Rupees Two Hundred Seventy two Lakhs only).
2.2.2 In case the Collaborator / Associate does not satisfy the average 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 Collaborator
/ Associate would be required to furnish along with bidder’s Techno-Commercial bid, a
Letter of Undertaking from its Holding Company, supported by Board Resolution of the
Holding Company, as per the format enclosed in the bid documents, pledging
unconditional and irrevocable financial support to the Collaborator / Associate to honour
the terms and conditions of the Deed of Joint Undertaking in case of award of the Contract
to the Bidder with whom Collaborator / Associate is associated.