4.0 ELIGIBILITY CRITERIA
4.1 TECHNICAL CRITERIA
(i) The Bidder should have manufactured, supplied, erected/supervised erection and
commissioned/supervised commissioning of Wind Turbine Generator (WTG) of minimum
rating of 1500 KW. This WTG should have been listed in Revised List of Models and
Manufacturers (RLMM) of NIWE/ MNRE and should have been in successful operation for at
least one year prior to the date of techno-commercial bid opening.
AND
(ii) The Bidder should have designed, erected/ supervised erection and
commissioned/supervised commissioning of at least one (1) wind farm with installed capacity
of minimum ten (10) MW along with associated civil & electrical works.
Notes for Clause 4.1:
i. Windfarm referred at clause 4.1(ii) should be at a single location developed for an owner
in a contract.
ii. The works referred at clause 4.1(i) and 4.1(ii) can be in same or in different projects.
iii. For clause 4.1(i), Bidder shall submit certificate of successful completion and operation
from the Owner.
iv. For clause 4.1(ii), Bidder shall submit certificate of successful completion from the Owner.
4.2 FINANCIAL CRITERIA
4.2.1 The average annual turnover of the Bidder, should not be less than INR 299 Crore (Indian
Rupees Two Hundred and Ninety-Nine Crore only) during the preceding three (3)
completed financial years as on the 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 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.
4.2.2 Bidder should have Positive Net Worth as on the last day of the preceding financial year.
4.2.3 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 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 its Holding Company.
b) Certificate from the CEO/ CFO of the Holding Company, as per the format enclosed
in the bidding documents, stating that the unaudited unconsolidated financial
statements form part of the consolidated financial statement of the Holding
Company.
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 preceding 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 opening date and the