DETAILED NOTICE INVITING TENDER (NIT)
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unconsolidated financial statements form part of the Consolidated
Annual Report of the company.
6.2.4 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 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:
(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 “shall have the meaning ascribed to it as per
Companies Act of India.
(iv) For Annual turnover indicated in foreign currency, the exchange rate
as on seven (07) days prior to the date of Techno- commercial bid
opening shall be used.
7.0 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.
8.0 NTPC reserves the right to reject any or all bids or cancel / withdraw the
Invitation for Bids/NIT without assigning any reason whatsoever and in such case
no bidder / intending bidder shall have any claim arising out of such action.
9.0 A complete set of Bidding Document may be downloaded by any interested
Bidder from https://eprocurentpc.nic.in/nicgep/app. Tender fee as mentioned
above in the form of a crossed account Payee demand draft in favour of NTPC
Ltd., Payable at Mumbai is required to be submitted in separately sealed
envelope at the address mentioned in the bidding document before stipulated
date & time of submission of bid.
Prospective Indian bidders are compulsorily required to provide GSTIN
number at with Tender Fee.