NTPC Limited
(A Government of India Enterprise)
SSC NR Vindhyachal
NOTICE INVITING TENDER (NIT)
FOR
Augmentation of CCTV Network for Security & Surveillance
(Domestic Competitive Bidding)
3 | Page
Section I: Notice Inviting Tender (NIT): Version 1
Version 1.0
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 The Net Worth of the bidder as on the last day of the preceding financial year (reckoned on the date of
techno-commercial bid opening) should not be less than 100% of the Bidder's 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.
Net worth in combined manner shall be calculated as follows:
Net worth (combined) = (X 1+X2+X3) 1 (Y 1+Y2+Y3) X 100
Where XI, 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.
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 for 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) A Certificate from the CEOICFO 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 annual
financial statements of the Holding Company.
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 for the 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
CEOICFO 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
NOTES FOR CLAUSE 2.0:
(i) Net worth means the sum total of the paid up share capital and free reserves. Free reserve 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.
(ii) Other income shall not be considered for arriving at annual turnover.