Clause No.

INVITATION FOR BIDS (IFB)

NTPC LIMITED

(A Government of India Enterprise)

(CORPORATE CONTRACTS, NOIDA)

INVITATION FOR BIDS (IFB)

FOR

FLUE GAS DESULPHURISATION (FGD) SYSTEM PACKAGE FOR LOT-3 PROJECTS

(Domestic Competitive Bidding)

IFB No.:

40087810

Date: Sep 28, 2018

COMMON BIDDING DOCUMENT NO. : CS-0011-109(3)-9

NTPC Limited invites e-Bids from eligible Bidders for Flue Gas Desulphurisation

(FGD) System Package for LOT-3 Projects on Single Stage Two Envelope

bidding basis [i.e. Envelope-I (Techno-Commercial) Bid and Envelope-II (Price)

Bid], as per the brief scope of work mentioned hereinafter. Lot-3 comprises the

following Projects :-

KORBA SUPER THERMAL POWER STATION, STAGE-I, II & III (3x200

MW+ 3x500 MW + 1x500MW)

KAHALGAON SUPER THERMAL POWER STATION, STAGE-I & II (4x210

MW +3x500 MW)

VINDHYACHAL SUPER THERMAL POWER STATION, STAGE-I & II

(6x210 MW + 2x500MW)

FARAKKA SUPER THERMAL POWER STATION, STAGE-I, II & III

(3x200MW + 2x500 MW + 1x500MW)

RAMAGUNDAM SUPER THERMAL POWER STATION, STAGE-I & II

(3x200MW + 3x500 MW)

SINGRAULI SUPER THERMAL POWER STATION, STAGE I & II (5x200

MW +2x500MW)

FEROZE GANDHI UNCHAHAR THERMAL POWER PROJECT, STAGE-I, II

& III (2x210 MW + 2x210MW + 1x210MW)

RIHAND SUPER THERMAL POWER STATION, STAGE-I (2x500MW)

LOT-3 PROJECTS

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BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

The brief scope of work is as under:-

Design, engineering, manufacture, shop fabrication, preassembly, shop testing/ type

testing at manufacturer’s works, packing, transportation, unloading, handling and

conservation of equipment at site, complete services of construction including

erection, supervision, pre-commissioning, commissioning and performance testing of

equipments under Bidder’s scope of work of FGD System, Limestone handling,

storage, crushing and Gypsum handling & storage, low height wet chimney and its

associated auxiliaries including all associated Electrical, Control & Instrumentation,

Civil, Structural and Architecture works.

The detailed scope of work shall be as per specifications and scope defined in the

Common Bidding Document no. CS-0011-109(3)-9 for Flue Gas Desulphurisation

System Package for Lot-3 Projects.

NTPC intends to finance this package through Domestic Commercial Borrowings /

Internal Resources.

Detailed Specification, Scope of Work and Terms & Conditions are given in the

Bidding Documents, which are available for examination and Sale at the address

given below and as per the following schedule:

Issue of IFB

28.09.2018

Bidding Document No.

CS-0011-109(3)-9

Bidding Documents Sale Date & Time

08.10.2018 to 15.10.2018 (up to

1730 hrs. IST)

Pre-Bid Conference/ Last Date for

22.10.2018, 1100 hrs. (IST)

receipt of queries from Bidders (if any)

Bid receipt date & time

Up to 15.11.2018 by 1430 hrs.

(IST)

Bid Opening Date & Time for Techno-

15.11.2018 at 1500 Hrs. (IST)

Commercial Bid

Date & Time for Reverse Auction

Shall be intimated separately by

NTPC for each Project.

Cost of Bidding Document

Rs 22,500/- (Rupees Twenty Two

Thousand Five Hundred only) per

set .

LOT-3 PROJECTS

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BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

Bidder is required to furnish a Declaration, along with their Bid Security, in the

Format stipulated in the Bidding documents declaring number of Projects they are

interested in taking award (which shall be at least one Project but not more than

three Projects). Accordingly, Bidders shall submit the Bid Security as specified below

based on the number of Projects they are interested in taking the award: -

a) For bidders interested in three (3) Projects for award

All Bids must be accompanied by Bid Security for an amount of Rs. 30 Cr (INR

Thirty Crore only) as stipulated in the Bidding Documents.

b) For bidders interested in two (2) Projects for award

All Bids must be accompanied by Bid Security for an amount of Rs. 20 Cr (INR

Twenty Crore only) as stipulated in the Bidding Documents.

c) For bidders interested in one (1) Project for award

All Bids must be accompanied by Bid Security for an amount of Rs. 10 Cr (INR

Ten Crore only) as stipulated in the Bidding Documents.

Any Bid not accompanied by an acceptable Bid Security in a separate sealed

envelope alongwith Declaration regarding number of Projects for which

Bidder is interested in taking award shall be rejected by the Employer as being

non-responsive and returned to the Bidder without being opened.

Qualification Requirements for Bidders.

In addition to the requirements stipulated in Section II ITB (Instructions to Bidder),

the following shall also apply:

1.0.0

Technical Criteria

The Bidder should meet the qualifying requirements stipulated in any one of the

qualifying routes i.e Route-1 (clause 1.1.0) or Route-2 (clause 1.2.0) or Route-3

(clause 1.3.0) or Route-4 (clause 1.4.0) including requirements stipulated in sub

clauses of respective Route. In addition, the Bidder should also meet the

requirements stipulated under clause 2.0.0 together with the requirements stipulated

under section ITB.

1.1.0

Route-1: Qualified Wet Limestone based Flue Gas Desulphurisation (FGD)

System Manufacturer (QFGDM)

1.1.1

The Bidder should have designed, engineered, supplied, erected/supervised erection

and commissioned/supervised commissioning of at least one(1) no. of wet limestone

based Flue Gas Desulphurisation System, having flue gas treatment capacity of not

less than

20,00,000 Nm³/hr, with desulphurisation efficiency of at least

90 %,

operating in a pulverised coal fired power plant. The above wet limestone based Flue

Gas Desulphurisation System should have been in successful operation for a period

LOT-3 PROJECTS

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BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

not less than one (1) year prior to the date of Techno-Commercial bid opening.

1.2.0

Route-2: Wet Limestone based Flue Gas Desulphurisation System

Manufacturer with Collaboration and Technology Transfer Agreement with

QFGDM

1.2.1

The Bidder should have designed, engineered, supplied, erected/supervised erection

and commissioned/supervised commissioning of at least one(1) no. of wet limestone

based Flue Gas Desulphurisation system having flue gas treatment capacity of not

less than 6,00,000 Nm³/hr, with desulphurisation efficiency of at least 85%, operating

in a pulverised coal fired power plant. The above wet limestone based Flue Gas

Desulphurisation System should have been in successful operation for a period not

less than one (1) year prior to the date of Techno-Commercial bid opening.

1.2.2

Bidder should also have a valid ongoing collaboration and technology transfer

agreement with a QFGDM meeting requirements of clause 1.1.1 on its own, valid

minimum up to the end of the defect liability period of the contract. In such a case

Bidder can either source the FGD System from such manufacturer or

manufacture/get manufactured the FGD System as per the design and

manufacturing drawings of such QFGDM.

1.2.3

The Bidder shall furnish a Deed of Joint Undertaking (DJU) executed by it and the

QFGDM, in which the executants of DJU shall be jointly and severally liable to the

Employer for successful performance of the FGD System as per format enclosed

with the bidding documents. The DJU shall be submitted along with techno-

commercial bid, failing which the Bidder shall be disqualified and its bid shall be

rejected.

1.2.4

In case of award of a project, the QFGDM will be required to furnish an on demand

bank guarantee for an amount of 2% of the total contract price of the Flue Gas

Desulphurisation System Package for the awarded project in addition to the contract

performance security to be furnished by the Bidder.

1.3.0

Route-3: Steam Generator Manufacturer

/ Indian JV company of Steam

Generator manufacturer or QFGDM/ Indian Subsidiary company of Steam

Generator manufacturer or QFGDM with Collaboration and Technology

Transfer Agreement with QFGDM

1.3.1

(a)

Bidder should have designed, engineered, manufactured/got manufactured,

erected/ supervised erection and commissioned/supervised commissioning

of atleast one (1) no. of pulverised coal fired steam generator for 200 MW or

higher capacity unit or having minimum 600T/hr steaming capacity. Further,

such Steam Generator should have been in successful operation for a period

not less than one (1) year prior to the date of Techno-Commercial bid

opening.

LOT-3 PROJECTS

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BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

Alternatively

(b)

The Bidder shall be a Joint Venture (JV) Company incorporated in India

under the Companies Act of India, as on the date of techno-commercial bid

opening, promoted by (i) an Indian Company registered in India under the

Companies Act of India and (ii) a Steam Generator Manufacturer meeting

requirements of clause 1.3.1(a) or a QFGDM meeting requirements of clause

1.1.1, created for the purpose of manufacturing/supplying in India steam

generator sets/Flue Gas Desulphurisation System. The Steam Generator

Manufacturer/QFGDM shall maintain a minimum equity participation of 26%

in the JV Company for a lock-in period of

7 years from the date of

incorporation of JV Company and one of the promoters shall be a majority

stakeholder who shall maintain a minimum equity participation of 51% in the

JV Company for a lock in period of 7 years from the date of incorporation of

JV Company or up to the end of defect liability period of the contract

whichever is later. Further, Bidder should have executed order(s), during the

last 5 years, with the total value of such project(s) being INR 5,000 million or

more as on the date of Techno-commercial bid opening.

Alternatively

(c)

The Bidder shall be an Indian Subsidiary Company of a Steam Generator

Manufacturer meeting requirements of clause

1.3.1(a) or an Indian

Subsidiary Company of a QFGDM meeting requirements of clause 1.1.1,

registered in India under the Companies Act of India, as on the date of

techno-commercial bid opening, for manufacturing/supply of Steam

Generator sets/Flue Gas Desulphurisation System. The subsidiary Company

shall remain a subsidiary company of the Steam Generator

Manufacturer/QFGDM for a minimum period of 7 years from the date of

incorporation of such Subsidiary Company or up to the end of defect liability

period of the contract whichever is later. Further, Bidder should have

executed order(s), during the last

5 years, with the total value of such

project(s) being INR

5,000 million or more as on the date of Techno-

commercial bid opening.

1.3.2

Bidder should also have a valid ongoing collaboration and technology transfer

agreement with a QFGDM meeting requirements of clause 1.1.1, valid minimum up

to the end of the defect liability period of the contract. In such a case Bidder can

either source the FGD System from such manufacturer or manufacture/get

manufactured the FGD System as per the design and manufacturing drawings of

such QFGDM.

1.3.3

The Bidder shall furnish a Deed of Joint Undertaking (DJU) executed by it, the

promoter(s) having 25% or higher equity participation in the Subsidiary Company /

LOT-3 PROJECTS

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BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

JV Company (as the case may be) and the QFGDM, in which the executants of DJU

shall be jointly and severally liable to the Employer for successful performance of the

FGD System as per format enclosed with the bidding documents. The DJU shall be

submitted along with techno-commercial bid, failing which the Bidder shall be

disqualified and its bid shall be rejected.

1.3.4

In case of award of a project, the QFGDM will be required to furnish an on demand

bank guarantee for an amount of 2 % of the total contract price of the Flue Gas

Desulphurisation System Package for the awarded project in addition to the contract

performance security to be furnished by the Bidder.

1.4.0

Route-4: EPC Organization with Collaboration and Technology Transfer

Agreement with QFGDM

1.4.1

The Bidder should be an Engineering, Procurement and Construction

(EPC)

organization and should have executed, in the last 10 years, large industrial projects

on EPC basis (with or without civil works) in the area of power, steel, oil & gas, petro-

chemical, fertilizer, Flue Gas Desulphurisation and / or any other process industry

with the total value of such projects being INR 5,000 million or more. At least one of

such project (in single or multiple contract) should have a total contract value of INR

2,000 million or more. These projects shall be in successful operation for a period of

not less than one (1) year prior to the date of Techno-Commercial bid opening.

1.4.2

Bidder should also have a valid ongoing collaboration and technology transfer

agreement with a QFGDM meeting requirements of clause 1.1.1, valid minimum up

to the end of the defect liability period of the contract. In such a case Bidder can

either source the FGD System from such manufacturer or manufacture/get

manufactured the FGD System as per the design and manufacturing drawings

released by such QFGDM.

1.4.3

The Bidder shall furnish a Deed of Joint Undertaking (DJU) executed by it and the

QFGDM, in which the executants of DJU shall be jointly and severally liable to the

Employer for successful performance of the FGD System as per format enclosed

with the bidding documents. The DJU shall be submitted along with techno-

commercial bid, failing which the Bidder shall be disqualified and its bid shall be

rejected.

1.4.4

In case of award of a project, the QFGDM will be required to furnish an on demand

bank guarantee for an amount of 2 % of the total contract price of the Flue Gas

Desulphurisation System Package for the awarded project in addition to the contract

performance security to be furnished by the Bidder.

Notes for clause 1.0.0

(1)

Definitions

(i)

“QFGDM" (Qualified Wet Limestone based Flue Gas Desulphurisation

System Manufacturer) means a manufacturer meeting requirements

LOT-3 PROJECTS

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BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

stipulated at 1.1.1.

(ii)

Whenever the term 'coal fired' is appearing above, "Coal" shall be

deemed to also include bituminous coal/brown coal/ anthracite

coal/lignite.

(iii)

“Flue Gas Desulphurisation System” or

“FGD System” wherever

appearing above shall mean consisting of at least Absorber System.

(iv)

The word “executed” in Clause 1.3.1 (b)/ Clause 1.3.1 (c) means the

Bidder should have commissioned the project(s) specified in the

Clause 1.3.1 (b)/ Clause 1.3.1 (c) even if the contract has been started

earlier and / or is not completed / closed.

(2)

Erection/Commissioning

Where erection / supervision of erection and commissioning / supervision of

commissioning has not been in the scope of the Bidder as mentioned in

clause 1.1.1, 1.2.1 & 1.3.1 (a), the Bidder should have acted as an advisor for

erection and commissioning. Necessary documents / certificates from the

client, in support of above shall be furnished along with the Techno-

Commercial bid.

(3)

Direct / Indirect order

The Bidder/ QFGDM shall also be considered qualified, in case the

award for executing the reference works has been received by the Bidder/

QFGDM either directly from owner of plant or any other intermediary

organization. However, a certificate from such owner of plant or any other

intermediary organisation shall be required to be furnished by the Bidder

along with its Techno-Commercial bid in support of the Bidder's/ QFGDM

claim of meeting the qualification requirement as per clause 1.1.1, 1.2.1,

1.3.1(a) & 1.4.1 above. Further, certificate from owner of the plant shall also

be furnished by the Bidder along with the Techno-Commercial bid for the

successful operation as specified at clause 1.1.1, 1.2.1, 1.3.1(a) & 1.4.1

above.

(4)

Holding Company as a Qualified Wet Limestone based Flue Gas

Desulphurisation system Manufacturer

(i)

A Holding Company, singularly or collectively along with its

Subsidiaries (held either directly or indirectly), meeting the requirements

LOT-3 PROJECTS

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7 OF 14

BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

of clause 1.1.1 above shall also be considered as QFGDM.

(ii)

In such a case, if the Holding Company itself is not the Bidder as a

QFGDM, the Holding Company and all such subsidiaries lending

strength

/ experience to the Holding Company for meeting the

requirements of clause 1.1.1 above should necessarily be part of the

DJU being submitted by the Bidder for successful performance of the

FGD System as per format enclosed with the bidding documents, failing

which the bidder shall be disqualified and its bid rejected. Further, the

Holding Company and all such entities lending strength / experience to

the Holding Company for meeting the requirements of clause 1.1.1

above shall each be required to furnish separate on demand bank

guarantees as per the format enclosed with the bidding documents for

an amount aggregating 2 % of the total contract price of the Flue Gas

Desulphurisation System Package for the awarded project divided

equally among them, in addition to the contract performance security to

be furnished by the Bidder. This bank guarantee requirement shall

supersede bank guarantee requirement stipulated at clause 1.2.4, 1.3.4

& 1.4.4 for the QFGDM.

(iii) In case the Holding Company itself is the Bidder as a QFGDM as per

clause 1.1.1, the Holding Company shall submit its board resolution

stating that in case of any likely change of management control of any of

these subsidiaries lending strength / experience to the Holding Company

for meeting the requirements of clause 1.1.1 above , the Bidder shall

arrange for separate on demand bank guarantees as per the format

enclosed with the bidding documents from all such entities lending

strength

/ experience to the Holding Company for fulfillment of

requirement of clause 1.1.1, above for an amount aggregating 2 % of

the total contract price of the Flue Gas Desulphurisation System

Package for the awarded project divided equally among them, in

addition to the contract performance security to be furnished by the

Bidder before the change in management control actually occurs.

(5)

Technology Transfer Agreement (Applicable for Clause 1.2.0, 1.3.0 &

1.4.0)

The bidder shall have a technology transfer agreement as on the date of

Techno-commercial bid opening between the Bidder & QFGDM which shall

necessarily cover transfer of technological knowhow for Wet Limestone

based Flue Gas Desulphurisation System, in the form of complete transfer of

design dossier, design softwares, drawings and documentation, quality

system manuals and imparting relevant personnel training to the Bidder.

LOT-3 PROJECTS

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BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

(6)

Equity Lock in period

Wherever equity lock in period requirement or subsidiary status requirement

is indicated, the Bidder would be required to furnish along with its techno-

commercial bid, a Letter of Undertaking from the promoter(s), supported by

Board Resolution as per the format enclosed in the bid documents, for

maintaining the required minimum equity for the specified lock in period.

2.0.0

Financial Criteria

2.1.0

Financial Criteria of Bidder

2.1.1 The average annual turnover of the Bidder, in the preceding three (3) financial years as

on the date of Techno-Commercial bid opening, should not be less than the value

indicated in the following table:

No. of projects, Bidder

Annual turnover of the Bidder, in the preceding

is interested in taking

three (3) financial years as on

the date of

award (Refer Note (v))

Techno-Commercial bid opening INR Million

One (1) project

3410

(Indian Rupees Three thousand four hundred ten

Million only)

Two (2) Projects

6820

(Indian Rupees Six thousand eight hundred twenty

Million only)

Three (3) Projects

10230

(Indian Rupees Ten thousand two hundred thirty

Million only)

In case a Bidder 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 Bidder would be required

to furnish along with its Techno-Commercial bid, a Letter of Undertaking from the

Holding Company, supported by the Holding Company’s 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.

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BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

2.1.2

Net worth of the bidder should not be less than 100% (hundred percent) of its paid up

share capital as on the last day of the preceding financial year on the date of Techno-

commercial bid opening. In case the Bidder does not meet 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 company

wherever applicable. In such a case, however 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.

2.1.3

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 for

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 its Holding

Company.

(ii)

A Certificate from the CEO/CFO of the Holding Company, as per the format

enclosed with the bidding documents, stating that the unaudited unconsolidated

financial statements form part of the consolidated financial statements of the

Holding Company.

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.

2.2.0

Financial Criteria of Collaborator/Associate (Applicable for clause 1.2.0, 1.3.0 &

1.4.0)

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BID DOC. NO CS-0011-109(3)-9

Clause No.

INVITATION FOR BIDS (IFB)

2.2.1 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 the value indicated in the following table.

No. of projects, Bidder

Average annual turn Over of the Collaborator/

is interested in taking

Associate in INR Million

award (Refer Note (v))

One (1) project

341

(Indian Rupees Three hundred forty one Million

only)

Two (2) Projects

682

(Indian Rupees Six hundred eighty two Million

only)

Three (3) Projects

1023

(Indian Rupees One thousand twenty three Million

only)

In case a 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 the Holding Company, supported by the

Holding Company’s Board Resolution, 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.

2.2.2

Net worth of the Collaborator/Associate should not be less than 100% (hundred percent)

of its paid up share capital as on the last day of the preceding financial year on the date

of Techno-commercial bid opening. In case the Collaborator/Associate does not meet

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

company wherever applicable. In such a case, however the Net worth of the

Collaborator/Associate 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.

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Clause No.

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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.

2.2.3 In case the Collaborator/Associate is not able to furnish its audited financial statements

on standalone entity basis, the unaudited unconsolidated financial statements of the

Collaborator/Associate

can

be considered

acceptable

provided

the

Collaborator/Associate further furnishes the following documents for substantiation of its

qualification:

(i)

Copies of the unaudited unconsolidated financial statements of the

Collaborator/Associate along with copies of the audited consolidated financial

statements of its Holding Company.

(ii)

A Certificate from the CEO/CFO of the Holding Company, as per the format

enclosed with the bidding documents, stating that the unaudited unconsolidated

financial statements form part of the consolidated financial statements of the

Holding Company.

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, Collaborator/Associate 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.

Notes for Clause 2.1.0 & 2.2.0

(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.

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(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.

(v)

Bidder/Collaborator shall be required to meet the average annual turn over

criteria specified in clause 2.1.1 & 2.2.1 respectively for the number of projects for

which Bidder has indicated interest in the prescribed format submitted along with

the Techno-Commercial bid. In case Bidder/Collaborator meets the average turn

over criteria for lesser number of projects than indicated in the prescribed format,

submitted along with the Techno-Commercial bid, then the number of project(s)

shall be reduced based on Bidder/Collaborator meeting average annual turn over

criteria specified in clause 2.1.1 & 2.2.1 respectively.

Notwithstanding anything stated above, the Employer reserves the right to assess the

capabilities and capacity of the Bidder

its Collaborators/ Associates/

Subsidiaries/Group companies to perform the contract, should the circumstances

warrant such assessment in the overall interest of the Employer

NTPC reserves the right to reject any or all bids 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.

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 Ltd., 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 Bidding Document Sale Close

date along with duly filled in questionnaire for issue of vendor code and SRM user

id/password.

Note: No hard copy of Bidding Documents shall be issued.

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

permissible.

Issuance 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. Technical Bid

[Envelope-I] will be opened in presence of Bidder’s

representative who choose to attend the Bid. During Price Bid (Envelope-II) opening,

No Bidder will be allowed to be present. Bidder shall furnish Bid Security, Integrity

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Pact, Deed of Joint Undertaking (if applicable) 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.

Address for Communication:

AGM (CS-III) / Sr. Mgr. (CS-III)

NTPC Limited,

6th Floor, Engineering Office Complex,

Plot No. A-8A, Sector 24, NOIDA,

Distt. Gautam Budh Nagar (U.P.), Pin - 201301, INDIA

Telephone No.

0120-4948659/ 4948680

Fax No.

0120-2410011

e-mail

atulagrawal@ntpc.co.in/ vikashkumar05@ntpc.co.in

Websites

https://etender.ntpclakshya.co.in or

www.ntpctender.com or www.ntpc.co.in

Registered Office

NTPC Limited

NTPC Bhawan, SCOPE Complex,

7, Institutional Area, Lodi Road,

New Delhi - 110003

Corporate Identification Number: L40101DL1975GOI007966

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