NTPC LIMITED

(A GOVERNMENT OF INDIA ENTERPRISE)

RENEWABLE ENERGY – CONTRACTS SERVICES, NOIDA.

INVITATION FOR BIDS (IFB)

FOR

SUPPLY OF 02 NOS. OF ELECTRIC BUSES AND ANNUAL MAINTENANCE CONTRACT

FOR A PERIOD OF 05 YEARS

(Domestic Competitive Bidding)

NIT No.: 40087823 Date: 04.10.2018

2.0 BRIEF SCOPE OF WORK

4.0 Prospective bidders are compulsorily required to provide GSTIN number at the time of

5.0 All bids must be accompanied by Bid Security for an amount of INR 2,00,000/- (Rupees

6.0 Qualifying Requirements for Bidders:

Notes: Bidder shall submit documents in support of

a. Homologation test completion certificate from the National Automotive

Board designated centers.

2.0 FINANCIAL CRITERIA

2.1 The average annual turnover of the Bidder, should not be less than INR 205

Lakhs (Indian Rupees Two Hundred and five Lakhs Only) during the preceding

three (3) completed financial years as on date of techno-commercial bid opening.

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

pledging unconditional and irrevocable financial support for the execution of the

Contract by the Bidder in case of award.

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

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

In case where audited results for the last financial year as on date of

techno-commercial bid opening 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 proceeding 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 techno-commercial bid

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” 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 techno-commercial bid opening

shall be used.

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

10.0 Address for communication: