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 a 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.
7.2.2 Financial Criteria for the Holding Company (in case of Bidder participating through
clause 7.1.2)
The Holding company should meet the financial criteria as given in clause 7.2.1 for Bidder.
Notes :
(i) Net worth means the sum total of the paid up share capital and free reserves. Free
reserve 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 (7)
days prior to the date of Techno-Commercial bid opening shall be used.
8.0 Notwithstanding anything stated above, the Employer reserves the right to assess the
capabilities and capacity of the Bidder / his Collaborators / Associates / Subsidiaries / Group
Companies to perform the contract, should the circumstances warrant such assessment in the
overall interest of the Employer.
9.0 NTPC reserves the right to reject any or all Bid(s) or cancel/withdraw the Invitation for Bids
without assigning any reason whatsoever and in such case no Bidder/intending Bidder shall
have any claim arising out of such action.
10.0 A complete set of Bidding Documents may be downloaded by any interested Bidder on
payment (non-refundable) of the cost of the Documents as mentioned above in the form of a
Crossed Account Payee Demand Draft in favour of ‘NTPC Limited’ payable at New Delhi or
directly through the payment gateway 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 Sale close
date alongwith duly filled in questionnaire for issue of vendor code and SRM user id/password.