NTPC LIMITED  
(
A GOVERNMENT OF INDIA ENTERPRISE)  
RENEWABLE ENERGY – CONTRACTS SERVICES, NOIDA.  
NOTICE INVING APPLICATIONS (NIA)  
FOR  
ENLISTMENT OF BIDDERS / VENDORS FOR SPV MODUE PACKAGE FOR SOLAR PV  
POWER PROJECT OF NTPC LTD.  
NIA No: 40087724  
Date: 21.08.2018  
Enlistment Document No: RE-CS-0000-004(Mod)-9  
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NTPC Ltd. invites online applications from eligible bidders on Single Stage single  
Envelope for enlistment of SPV Module Package for Solar PV Power Projects of NTPC.  
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BRIEF SCOPE OF WORK  
Brief Scope of Work to be executed by enlisted bidders are as under:  
“
Manufacturing, Supply, Packing and Forwarding, Transportation, Unloading Storage,  
Installation and Commissioning of Solar PV Modules (Crystalline {Minimum 300Wp rating}  
Thin Film Based {Minimum 112.5Wp rating}) on Module Mounting Structure.”  
/
The detailed scope of work is as defined in the Enlistment Document No.: RE-CS-0000-  
04(Mod)-9.  
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Detailed Terms & Conditions are given in the enlistment documents, which are available  
for examination and downloading at e-tender portal (as specified in this notice) and as per  
the following schedule:  
NIA No.  
40087724  
21.08.2018  
21.08.2018  
NIA date  
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Document downloading Commencement Date  
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05.09.2018 till 17:00 Hrs (IST)  
07.09.2018 at 14:30 Hrs (IST)  
07.09.2018 at 15:00 Hrs (IST)  
Document downloading Close Date & Time  
I Last Date and Time for receipt of Enlistment Application  
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Date & Time of opening of Applications  
LITY CRITERIA  
4.1 TECHNICAL CRITERIA  
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.1.1 Route 1: The Bidder should have manufactured and supplied Solar Photo Voltaic (SPV)  
Modules of cumulative capacity of 40 MWp or above, out of which at least one such supply  
order should be of 10 MWp or above capacity, prior to the last date of submission of  
Application for Enlistment.  
OR  
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.1.2 Route 2: The Bidder should be Group company/Holding Company/Subsidiary company of  
the module manufacturer meeting the requirements of Clause 4.1.1 above. In such a case,  
Bidder shall furnish an Undertaking jointly executed by the module manufacturer and the  
Bidder along with its Application for Enlistment for complete performance of the contract (in  
case of award) jointly or severally as per format enclosed in the Enlistment document,  
failing which the Bidder’s Enlistment Application is liable to be rejected.  
Notes:  
a. The reference supply order of minimum capacity of 1MWp or above only shall be  
considered for cumulative capacity determination in Clause 4.1.1 and Clause 4.1.2.  
b. SPV based supply order for 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 of supply order from the Owner.  
d. In case the award for the reference works has been received by the Bidder either directly  
from owner of Solar PV plant or any other intermediary organization, a certificate from  
such owner of Solar PV plant or the intermediary organization shall be required to be  
furnished by the Bidder along with its Application for Enlistment in support of its claim of  
meeting requirement stipulated above.  
4.2  
FINANCIAL CRITERIA  
4.2.1 The average annual turnover of the Bidder, should not be less than INR 1200 Million  
(
Indian Rupees Twelve Hundred Million only) during the preceding three (3) completed  
financial years as on last date of submission of Application for Enlistment.  
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  
Application for Enlistment, a Letter of Undertaking from the Holding Company, supported  
by the Holding Company’s Board Resolution, as per the format enclosed in the Enlistment  
documents, pledging unconditional and irrevocable financial support for the execution of  
the Contract by the Bidder in case of award.  
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.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 the Bidder  
does not satisfy the Net Worth criteria on its own, it can meet the requirement of Net  
worth based on the strength of its Subsidiary(ies) and/or Holding Company and/or  
Subsidiaries of its Holding companies wherever applicable, the Net worth of the Bidder  
and its Subsidiary(ies) and/or Holding Company and/or Subsidiary(ies) of the Holding  
Company, in combined manner should not be less than 100% (hundred percent) of their  
total paid up share capital. However individually, their Net worth should not be less than  
75% (seventy five percent) of their respective paid up share capitals.  
Net worth in combined manner shall be calculated as follows:  
Net worth (combined) = (X1+ X2+X3) / (Y1+Y2+Y3) X 100 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.  
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.2.3 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 on  
substantiation of its qualification:  
a)  
Copies of the unaudited unconsolidated financial statements of the Bidder along with  
copies of the audited consolidated financial statements of its Holding Company.  
b)  
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 financial statement of the Holding Company.  
In case where audited results for the last financial year as on date of submission of  
Application for Enlistment are not available, the financial results certified by a practicing  
Chartered Accountant shall be considered acceptable. In case the Bidder is not able to  
submit the Certificate from a practicing Chartered Accountant certifying its financial  
parameters, the audited result of three consecutive financial years preceding the last  
financial year shall be considered for evaluating 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  
submission of Application for Enlistment and the Certificate from a practicing Chartered  
Accountant certifying the financial parameters is not available.  
Notes for Clause 2.0:  
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.  
iii.  
Other income shall not be considered for arriving at annual turnover.  
“Holding Company” and “Subsidiary” 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 seven (7)  
days prior to the date of submission of Application for Enlistment shall be used.  
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NTPC reserves the right to reject any or all bids or cancel/withdraw the Invitation for  
Application without assigning any reason whatsoever and in such case no bidder /  
intending bidder shall have any claim arising out of such action.  
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A complete set of Application Documents may be downloaded by any interested applicant  
at our SRM Site (https://etender.ntpclakshya.co.in). For logging on to the SRM Site, the  
bidder would require vendor code and SRM user id and password which can be obtained  
by submitting a questionnaire available at our SRM site as well as at NTPC tender site  
(
www.ntpctender.com). First time users not allotted any vendor code are required to  
approach NTPC at least three working days prior to Document downloading Close date  
along with duly filled in questionnaire for issue of vendor code and SRM user id/password.  
Note: No hard copy of Application Documents shall be issued.  
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Issuance of Enlistment Application Documents to any applicant shall not construe that  
such Applicant is considered qualified. Application shall be submitted online. Applicant  
shall furnish Integrity Pact and Power of Attorney separately offline as detailed in  
Enlistment Documents before the stipulated bid submission closing date and time at the  
address given below.  
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Transfer of Enlistment Documents purchased by one intending applicant to another is not  
permissible.  
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Address for communication:  
Addl. General Manager (Renewable Energy-Contract Services) / Manager (Renewable  
Energy-Contract Services), NTPC Limited, Room No. 220, R&D Building, Engineering  
Office Complex (EOC) Annexe, A-8A, Sector-24, NOIDA, Distt. Gautam Budh Nagar,  
(
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UP), India, Pin - 201301 on Telephone No. +91-120-2410722 / 4947382, Fax: +91-120-  
410251;  
Email: skdas01@ntpc.co.in / pranaysharma@ntpc.co.in or at office.  
Corporate Identification Number: L40101DL1975GOI007966, Website: www.ntpc.co.in