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 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 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
practising Chartered Accountant shall be considered acceptable. In case, Bidder is
not able to submit the certificate from practising 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 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 Techno-
commercial bid opening and the Certificate from the practising Chartered
Accountant certifying the financial parameters is not available.
(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.
(iii)"Holding Company" and "Subsidiary" shall have the meaning ascribed to them as
per Companies Act of India.
(iv)For Turnover indicated in foreign currency, the exchange rate as on seven
(7) days prior to the date of techno-commercial bid opening shall be used.
(v)All financial figures mentioned above are exclusive of GST
5.0 NTPC reserves the right to reject any or all bids or cancel/withdraw the NIT for the
subject package without assigning any reason whatsoever and in such case no
bidder/intending bidder shall have any claim arising out of such action.
6.0 The bidding document is available online. A complete set of Bidding Documents may
be downloaded by any interested Bidder from the NTPC tender website
https://eprocurentpc.nic.in. The Bidder would be required to register on the website.
First time users are required to register themselves on NTPC tender website after
filling up the required details. Users whose email address has not been linked to a
vendor code allotted by NTPC/ first time users not allotted any vendor code by
NTPC, should send a copy of the registration details to the e-mail address specified