NTPC LIMITED
(RENEWABLE ENERGY – CONTRACTS SERVICES)
NOTICE INVING APPLICATIONS (NIA)
FOR
ENLISTMENT OF VENDOR FOR INVERTER- INVERTER TRANSFORMER PACKAGE FOR
DEVELOPMENT OF SOLAR POWER PROJECTS FOR NTPC.
NIA No: RE-CS-0000-004(Inv/Inv tran-2)-9 Date: 20.02.2019
Enlistment Document No: RE-CS-0000-004(Inv/Inv tran-2)-9
1.0 NTPC invites applications from eligible bidders on Single Stage Single Envelope for
vendor enlistment of Inverter- Inverter Transformer Package for development of Solar
Power Projects of NTPC.
2.0 BRIEF SCOPE OF WORK
The scope includes supply, type testing, supervision of erection/commissioning and
testing of Inverter, Inverter Transformer.
The detailed scope of work is as defined in the Enlistment Document No.: RE-CS-0000-
004(Inv/Inv tran-2)-9.
3.0 Detailed Terms & Conditions are given in the enlistment documents, which are
available for examination and downloading at e-tender portal (as specified in this
notice) and as per the following schedule:
NIA No.
RE-CS-0000-004(Inv/Inv Tran-2)-9
Start of Sale of Application for
Enlistment
20.02.2019
Last date and time for receipt
Enlistment Applications
08.03.2019 till 12:00 Hrs (IST)
Date and time for opening of
Applications
08.03.2019 from 15:00 Hrs (IST)
4.0 ELIGIBILITY CRITERIA
4.1 TECHNICAL CRITERIA
4.1.1 Route 1: The Bidder should have designed, manufactured and supplied grid
connected Solar Inverter transformers of 11 kV or higher voltage class of cumulative
capacity of 40 MVA or above, out of which at least one such supply order for a single
plant should be of 10 MVA or above capacity. The reference plant in which solar
inverter transformers of 10 MVA or above capacity (consisting of one or more) were
supplied, must have been in successful operation for at least six (6) months prior to
the last date for submission of application for enlistment.
AND
Bidder should have its own facilities for conducting all routine tests for transformers as
per IS: 2026/IEC 60076.
And
One (1) MVA, 11 KV or higher rated transformer manufactured by Bidder should have
been successfully short circuit tested.
OR
4.1.2 Route 2: The Bidder should have designed, manufactured and supplied grid connected
solar inverter of cumulative capacity of 40 MW or above, out of which at least one such
supply order for a single plant should be of 10 MW or above capacity. The reference
plant in which 10 MW or above capacity solar inverters (consisting of one or more) were
supplied, must have been in successful operation for at least six (6) months prior to the
last date for submission of application for enlistment.
OR
4.1.3 Route 3: The Bidder should be an Indian company registered in India and should be
Group company/Holding Company/Subsidiary company of a firm meeting the
requirement (s) of Clause 4.1.1 or 4.1.2 above. In such a case, Bidder shall furnish an
Undertaking jointly executed by the firm qualified as per clause 4.1.1 or 4.1.2 and the
Bidder along with its Enlistment Application for complete performance of the contract
(in case of award) jointly or severally, as per the format enclosed in the Enlistment
document failing which the Bidder’s Enlistment Application is liable to be rejected.
Notes for clause 4.1.0:
4.2.0 FINANCIAL CRITERIA
4.2.1 The average annual turnover of the Bidder, should not be less than INR 16 Crore
(Indian Rupees Sixteen Crore only) during the preceding three (3) financial years
as on last date of submission of application for enlistment.
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 application for enlistment, a Letter of Undertaking
from the Holding Company, supported by the Holding Company’s Board Resolution,
as per the format enclosed in the Enlistment Application documents, pledging
unconditional and irrevocable financial support for the execution of the Contract by
the Bidder in case of award.
4.2.2 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 where X1, X2,X3 are
individual Net worth which should not be less than 75% of the respective paid up
share capitals and Y1,Y2,Y3 are individual paid up share capitals.
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:
(i) Copies of the unaudited unconsolidated financial statements of the Bidder
along with copies of the audited consolidated financial statements of its
Holding Company.
(ii) 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 submission of
application for enlistment 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 submission of application for enlistment and the
Certificate from a practicing Chartered Accountant certifying the financial parameters
is not available.
Notes for Clause 4.2.0:
a. 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.
b. Other income shall not be considered for arriving at annual turnover.
c. “Holding Company” and “Subsidiary” shall have the meaning ascribed to them as
per Companies Act of India.
5.0 NTPC reserves the right to reject any or all applications or cancel/withdraw the
Invitation for enlistment application without assigning any reason whatsoever and in
such case no bidder / intending bidder shall have any claim arising out of such action.
6.0 A complete set of Application Documents can be obtained free of cost through email
(only) by sending a request to the concerned person as mentioned at Para 8.0 below.
Note: No hard copy of Application Documents shall be issued.
7.0 Issuance of Enlistment Application Documents to any applicant shall not construe that
such Applicant is considered qualified. Application duly filled in and signed
alongwith the relevant documents/Certificates in original shall be submitted at the
address given below before the stipulated Enlistment Application submission
closing date and time.
8.0 Address for communication:
Addl. General Manager (Renewable Energy- Contract Services) /Sr. Manager
(Renewable Energy- Contract Services), NTPC Limited, Room No. 220, R&D
Building, Engineering Office Complex (EOC) Annexe, A-8A, Sector-24, NOIDA, Distt.
Gautam Budh Nagar, (UP), India, Pin - 201301 on Telephone No. +91-120-4947370,
+91-120-2410880, Fax: +91-120-2410251; Corporate Identification Number:
L40101DL1975GOI007966, Website: www.ntpc.co.in
Email: akgupta01@ntpc.co.in/ binodkumarray@ntpc.co.in or at office.
