MEJA URJA NIGAM PVT. LTD.
CIN NO : U74900DL2008PTC176247
(A Joint Venture of NTPC & UPRVUNL)
Meja Thermal Power plant P.O.- Kohdar, Tehsil – Meja
Distt.- Allahabad-U.P. ( 212301)
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2.0 Financial Criteria:
2.1 The average annual financial turnover of the bidder during last three financial years i.e. 2015-16, 2016-2017, &
2017-2018, should not be less than ₹ 354.00 lacs.
2.2 The Net Worth of the Bidder as on the last day of the preceding financial year shall not be less than 100% of the
paid-up share capital. In case the Bidder meets 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% of their total paid up share capital. However
individually, their Net worth should not be less than 75% of their respective paid up share capitals.
For Consortiums/Joint Ventures, wherever applicable, the Net worth of all consortium/ Joint Venture members in
combined manner should not be less than 100% of their paid up share capital however individually, their Net
worth should not be less than 75% 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)x100 where x1, x2, x3 are individual net worth which shall not be
less than 75% of the respective paid up share capitals and y1, y2, y3 are individual paid up share capitals.
2.3 In case 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.
2.4 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 furnishes the
following further documents on substantiation of its qualification.
A) Copies of the unaudited unconsolidated financial statements of the bidder along with copies of the
audited consolidated financial statements of the Holding Company.
B) A certificate from the CEO/CFO of the Holding Company as per the format enclosed in the bid
documents stating that the unaudited unconsolidated financial statements form part of the consolidated
annual report of the company.
Notes for Clause 2 above:
I) Net worth means the sum of the paid up share capital and free reserves. Free reserves means all reserves
credited out of profits and share premium account but do not include reserves credited out of revaluation
of 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 & surplus.
II) Other income shall not be considered for arriving at annual turnover.
2.5 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 assessments in the overall interest of employer.
3.0 The bidder should possess PF code No., PAN and GST Reg. No.
3.1 Supporting Documents to be submitted in support of qualifying requirement, eg Copy of award letters including
BOQ & Scope of work