DETAILED NOTICE INVITING TENDER (NIT)
(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.
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.2.4 In 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
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 “shall have the meaning ascribed to it as per
Companies Act of India.
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8
.0 NTPC 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.
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.
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