DETAILED NOTICE INVITING TENDER (NIT)

5.0All bids must be accompanied by Bid Security for an amount of INR 2,00,000/- (Indian Rupees Two Lac only) in the form as stipulated in the Bidding documents. Bid Security shall be submitted in a sealed envelope separately in physical form by the stipulated bid submission closing date and time at the address given below.

ANY BID NOT ACCOMPANIED BY AN ACCEPTABLE BID SECURITY IN A SEPARATE SEALED ENVELOPE SHALL BE REJECTED BY THE EMPLOYER AS BEING NON-RESPONSIVE AND SHALL NOT BE OPENED.

6.0QUALIFYING REQUIREMENTS FOR BIDDERS.

The bidder who wishes to participate in the bidding shall meet the Qualifying Requirements stipulated hereunder:

6.1Technical criteria:

6.1.1The bidder should be Original Equipment Manufacturer of Gas Turbine of capacity 60 MW (ISO rating) or above of GE/ BHEL/ Alstom/ ABB/ MHI/Siemens make for gas power plants.

OR

6.1.2The bidder should be subsidiary / Licensee / Authorized channel partner / authorized agent of the OEM as mentioned at 6.1.1 above for Major inspection / Major Overhauling, as on the first scheduled date of Techno- commercial bid opening.

OR

6.1.3The bidder should have successfully executed similar work of Major Inspection / Major overhauling of Gas Turbine of capacity of 60 MW or above in power/ petro chemical/ refinery/ heavy engineering during last 7 years from the first scheduled date of Techno-commercial bid opening in any of the following:

a . Single Order costing not less than INR 179.47 Lakhs

OR

b. Two Orders costing not less than INR 112.17 Lakhs each.

OR

c. Three Orders costing not less than INR 89.73 Lakhs each

Note

I)Major Inspection / Major Overhauling of gas turbine shall mean

complete dismantling and assembly of gas turbine including removal of casings, rotor & bearings and replacement of blades/vanes during schedule C-inspection/ major overhauling/ erection of gas turbine.

2)Renovation & Modernization job, involving all the activities as 6.1 above shall also be considered as Major Inspection.

3)Executed value means "The combined executed value from all BOQs of the similar work or the lump- sum amount (if there is no BOQ) of the similar work executed by the bidder."

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4)Similar work means "The work of inspection / overhauling of

Gas Turbine” executed within last seven years from the first scheduled date of Techno-commercial BID OPENING.

5)Executed values of similar work involving works of Gas Turbine auxiliaries covered within the PO and R&M of Gas Turbine, if any, shall be considered.

6)Value means basic value of the PO. Where PO value is composite (i.e. including Service taxes etc.), the applicant has to give breakup of composite PO value mentioning basic value, taxes etc. Any separate re-imbursement/ escalation shall not be considered

6.2Financial criteria for Bidder:

6.2.1The average annual turnover of the Bidder, should not be less than

Rs.149.56 Lakh (Rupees One crore forty Nine lakh and fifty Six thousand only) during the preceding three (3) completed financial years as on the date of techno-commercial bid opening.

6.2.2In case the bidder does not satisfy the financial criteria, stipulated at

Cl. 6.2.1 above on its own, it’s holding company would be required to meet the stipulated turnover requirements at Cl. 6.2.1 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 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.

6.2.3In 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 in 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 the Holding Company.

(ii)A Certificate from the CEO/CFO of the Holding Company, as per the format enclosed in the bid documents, stating that the unaudited unconsolidated financial statements form part of the Consolidated Annual Report of the company.

6.2.4In cases 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 practicing Chartered Accountant certifying its financial parameters, the audited results of three consecutive financial years preceding the last

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DETAILED NOTICE INVITING TENDER (NIT)

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 reserves 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 Annual turnover indicated in foreign currency, the exchange rate as on seven (07) days prior to the date of Techno- commercial bid opening shall be used.

7.0NTPC reserves the right to reject any or all bids or cancel / withdraw the Invitation for Bids/NIT without assigning any reason whatsoever and in such case no bidder / intending bidder shall have any claim arising out of such action.

8.0A complete set of Bidding Document may be downloaded by any interested Bidder from https://eprocurentpc.nic.in/nicgep/app. Tender fee as mentioned above in the form of a crossed account Payee demand draft in favour of NTPC Ltd., Payable at Mumbai is required to be submitted in separately sealed envelope at the address mentioned in the bidding document before stipulated date & time of submission of bid.

Prospective bidders are compulsorily required to provide GSTIN number at with Tender Fee.

9.0Issuance of bid documents to any Bidder shall not construe that such bidder is considered to be qualified. Bids shall be submitted online and opened at the address given below in the presence of Bidder’s representatives who choose to attend the bid opening. Bidder shall furnish Cost of bidding document, Bid Security and Power of Attorney separately offline as detailed in Bidding Documents by the stipulated bid submission closing date and time at the address given below.

10.0Transfer of Bidding Documents purchased by one intending Bidder to another is not permissible.

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