3
.2
The Bidder should be an integrated steel producer which
means that the Bidder should be a Primary Steel
Producer, having a minimum capacity of one million
tonnes per annum (MTPA) in terms of crude Steel.
NOTE: THE "Primary Steel Producer" shall mean Steel
Producer of any capacity, irrespective of process route,
starting their operations from iron making using iron ore,
virgin or processed, with necessary refining facilities and
rolling/processing facilities, at a single location or else in
multiple locations provided that the entire gamut of iron
&
steel production, from iron making to finished steel
production, is owned by the same company or its
subsidiary company(ies). Provided that the iron making
capacity the
steelmaking capacity of one million tonnes per annum
MTPA). Further, downstream units should use material
is
sufficiently
matching
(
from the upstream units of the same company or its
subsidiaries.
3
.3
The average annual turnover of the bidder in the
preceeding three (3) financial years as on the date of
submission of application for enlistment shall not be
less than Rs. 1000.00 Crore [Rupees One Thousand
Crore].
1
. In cases where audited results for the last financial year
as on the 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, Bidder is not able to
submit the Certificate from a 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 submission of application for
enlistment and the Certificate from the practicing
Chartered Accountant certifying the financial
parameters is not available.
2
. Other income shall not be considered for arriving at
annual turnover.