Supply And Installation Of Clo2 System At Gadarwara Stpp.
Bidding Doc. No: NTPC/GwSTPP/C&M/CS/776/400035497
IFB
Section-I
Page 6 of 7
5.2.5 In case a Bidder does not satisfy the annual turnover criteria, stipulated at Cl. 5.2.1 and/or
Cl. 5.2.2 above on its own, the holding company would be required to meet the stipulated
turnover requirements at Cl. 5.2.1 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 bid, a Letter of Undertaking from the Holding Company, supported by 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.
Notes for clause 5.2
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” and “Subsidiary” shall have the meaning ascribed to them as per
Companies Act of India.
6.0 NTPC reserves the right to reject any or all bids or cancel / withdraw IFB for the subject
package without assigning any reason whatsoever and in such case no bidder/ intending bidder
shall have any claim arising out of such action.
7.0 A Complete set of Bidding Documents may be downloaded by any interested Bidder through
NTPC e-procurement portal https://eprocurentpc.nic.in For logging in to the etender website, the
bidder would require user ID and password which can be created at our e-tender website and
same has to be informed to concerned package coordinator.
First time users not allotted any vendor code are required to approach NTPC at least five (5)
working days prior to document sale end date along with document like PAN Card, Address
proof and GST registration etc. for issue of vendor code. Tender fee shall be submitted in the
form of a Demand draft in favour of NTPC Ltd., Payable at Gadarwara
Note: No hard copy of Bidding Documents shall be issued.
8.0 Issuance of Bidding 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 in the
presence of Bidder’s representatives who choose to attend the bid opening. Bidder shall furnish
Bid Security and Tender Fee, Power of Attorney, Integrity pact (if applicable) in physical form
as detailed in Bidding Documents before the stipulated bid submission closing date and time at
the address given below.
9.0 Transfer of Bidding Documents purchased by one intending bidder to another is not permissible.
10.0 First time users not allotted any vendor code are required to approach NTPC at least five
working days prior to last date of bid submission and submit following details.
(a) For creation of vendor code:
i) Company / Firm registration copy, GST registration copy, PAN detail copy
ii) Valid email ID, Contact No.
iii) Address Proof
iv) Cancelled cheque & EFT form (to be verified by bank)
Note: Format of EFT (Electronic Fund Transfer) form is attached along with tender
documents.