Inverter-Transformer Package of Solapur Solar PV Project at Solapur
in Maharashtra
BIDDING DOCUMENT NO.: RE-CS-5749-004(IT)-9
AND
Bidder should have its own facilities for conducting all routine tests for transformers
as per IS: 2026/IEC 60076.
Notes for clause 1.0:
a. The Individual solar Inverter Transformer capacity of one (1) MVA or above shall only be
considered for capacity determination in Clause 1.1.
b. SPV based supply order for Roof-top solar power projects, which are grid connected, shall
also be considered eligible for QR purposes.
c. Bidder shall also be considered qualified in case, the award for executing the
reference works has been received by the bidder either directly from owner of plant
or any other intermediary organization. However, a certificate from such owner of
Plant or the intermediary organization shall be required to be furnished by the
Bidder along with its techno-commercial bid in support of its claim of meeting
requirement stipulated above. Further, certificate from owner of the plant shall also
be furnished by the bidder along with the techno-commercial bid for the successful
operation as specified in Clause 1.1 above.
2.0 FINANCIAL CRITERIA
2.1 The average annual turnover of the Bidder, should not be less than INR 237 Lakh
(Indian Rupees Two Hundred Thirty Seven Lakh only) during the preceding three
(3) financial years as on 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.
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. In such
case, however 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.