DETAILED INVITATION FOR BIDS (IFB) FOR DEVELOPMENT OF 250 MW (5 BLOCKS OF 50 MW EACH) SOLAR PHOTO VOLTAIC POWER PROJECT(S) AT PAVAGADA SOLAR PARK IN KARNATAKA

(Domestic Competitive Bidding)

IFB No.: 40062422 Date: 29.09.2016

Bidding Document No: RE-CS-5724-004-9(R)

1.0 NTPC invites online bids from eligible bidders on Single Stage Two Envelope Basis (i.e. Envelope-I: Techno-Commercial Bid and Envelope-II: Price Bid) with Reverse Auction for development of aforesaid Project using domestically manufactured PV cells and modules as per the scope of work briefly mentioned hereinafter.

2.0 BRIEF SCOPE OF WORK

Design, Engineering, Manufacturing, Supply, Packing and Forwarding, Transportation, Unloading, Storage, Installation and Commissioning of grid connected 250 MW (to be awarded to multiple bidders in single/multiple blocks of 50 MW each) Solar PV project on turnkey basis at Pavagada Solar Park, Distt. Tumkur, Karnataka.

Bidder shall provide comprehensive operation & maintenance of the plant & transmission system for a period of five years from the date of successful completion of trial run.

The scope includes the following:

1. Design, engineering, manufacturing, supply, packing and forwarding, transportation, unloading storage, installation, testing and commissioning of crystalline silicon Solar Photo Voltaic Plant based on domestically manufactured (DCR) Crystalline PV modules and cells.

2. Site-grading, clearing of vegetation.

3. Design and construction of foundation & mounting structure for SPV panels.

4. Providing power supply and water supply for construction purposes.

5. Construction of Pre-Engineered type Inverter roomwith Power conditioning unit associated LT and HT switchgear. In case of String Inverter, Construction of Pre-Engineered type HT Switchgear room.

6. Construction of Central Monitoring and Control Station with switchgear room, SCADA room, Store room, Battery room with all electrical fitting and furniture, fencing of SPV plant, security cabin etc.

7. All associated electrical and civil works required for interfacing with grid (i.e. transformer(s), breakers, isolators, panels, protection system, cables, metering at 33 kV level, earthing of transformer etc.) and evacuation of power to 33/220 kV Pooling Switchyard of Karnataka Solar Power Development Corporation Ltd through 2X100% capacity 33 kV cable.

8. Water supply arrangement for water washing including supply and installation of water washing system.

9. Construction of internal roads, pathways, fencing, peripheral boundary walland drainage system.

10. SCADA system for remote monitoring and control of Inverters with all hardware & software.

11. Operation & maintenance of SPV Plant along with electrical equipments, consumables and spare parts for a period of five years from the date of successful completion of trial run.

12. Supply of Mandatory spares.

The detailed scope of work is as defined in the bidding document No.: RE-CS-5724-004-9(R).

3.0 NTPC intends to finance the subject package through DCB/ECB.

4.0 Detailed specification, Scope of work and Terms & Conditions are given in the bidding documents, which are available for examination and sale at the address given below and as per the following schedule:

4.1 Prospective bidders from U.P State are compulsorily required to provide TIN number at the time of purchase of bidding documents.

5.0 All bids must be accompanied by Bid Security for an amount of INR 3,07,91,000/- (Indian Rupees Three Crore Seven Lakh Ninety One Thousand only) in the form as stipulated in the Bidding Documents.

ANY BID NOT ACCOMPANIED BY AN ACCEPTABLE BID SECURITY IN A SEPARATE SEALED ENVELOPE SHALL BE REJECTED BY THE EMPLOYER AS BEING NON-RESPONSIVE AND RETURNED TO THE BIDDER WITHOUT BEING OPENED.

6.0 Qualifying Requirements for Bidders:

In addition to the requirements stipulated under section Instruction to bidder (ITB), the bidder should also meet the qualifying requirements stipulated hereunder in clauses 1.1 or 1.2 or 1.3 as the case may be and Clause 2.0.

1.0 TECHNICAL CRITERIA

1.1 The Bidder should have designed, supplied, erected/ supervised erection and commissioned/ supervised commissioning of Solar Photo Voltaic (SPV) based grid connected power plant(s) of cumulative installed capacity of 40 MWp or above, out of which at least one plant should have been of 10MWp capacity or above. The reference plant of 10 MWp or above capacity must have been in successful operation for at least six (6) months prior to the date of techno-commercial bid opening.

1.2 The Bidder should be a developer of Solar Photo Voltaic (SPV) based grid connected power plant(s) of cumulative installed capacity of 40 MWp or above, out of which at least one plant should have been of 10MWp capacity or above. The reference plant of 10 MWp or above capacity must have been in successful operation for at least six (6) months prior to the date of techno-commercial bid opening.

1.3(a) The Bidder should have executed in the last ten (10) years an industrial project either as developer or as EPC Contractor in the area of power/ steel/ oil and gas/ petro-chemical/ fertilizer and/ or any other process industry, of a value of Rs. 240 Crore (Rupees Two Hundred Forty Crore) or more in a single project or work respectively and the same should be in successful operation for at least one (1) year prior to the date of techno-commercial bid opening.

AND

(b) The Bidder should have executed at least one (1) Electrical Sub-station of 33 kV or above voltage level, consisting of equipment such as 33kV or above voltage level circuit breakers and Power transformer, either as developer or as EPC Contractor which should be in successful operation for at least one (1) year prior to the date of techno-commercial bid opening.

The works referred to at clause 1.3 (a) & 1.3 (b) can be in same or different projects.

Notes:

a. The reference SPV based grid connected power plant of 10MWp or above capacity should be at a single location developed by Bidder for itself or any other client.

b. SPV based Roof-top solar power projects, which are grid connected, shall also be considered eligible for QR purposes.

c. Bidder shall submit certificate of successful completion and operation from the Owner.

d. Projects executed by Bidder’s group company, Holding Company or Subsidiary Company shall not be considered as Bidder’s experience for meeting the QR.

e. In case the award for the reference works has been received by the Bidder either directly from owner of plant or any other intermediary organization, 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. Certificate from owner of the plant shall also be furnished by the Bidder for successful operation of the reference plant.

f. In case of developer as bidder in clause 1.3, the documentary evidence (certified by Chartered Accountant) for value of executed reference work must be submitted by the bidder.

g. Developer means an entity who has either executed or got executed the work/ project as owner of industrial projects.

2.0 FINANCIAL CRITERIA

2.1 The average annual turnover of the Bidder, should not be less than INR 3079 Millions (Indian Rupees Three Thousand Seventy Nine Million only) during the preceding three (3) completed 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 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%(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%(Seventy five percent) 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 on 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) 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 techno-commercial bid opening 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 techno-commercial bid opening and the Certificate from a 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 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.

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.

7.0 NTPC reserves the right to reject any or all bids or cancel/withdraw the Invitation for Bids without assigning any reason whatsoever and in such case no bidder / intending bidder shall have any claim arising out of such action.

8.0 A complete set of Bidding Documents may be downloaded by any interested Bidder on payment (non-refundable) of the cost of the documents as mentioned above in the form of a crossed account Payee demand draft in favour of “NTPC Ltd.”, Payable at New Delhi or directly through the payment gateway at our SRM Site (https://etender.ntpclakshya.co.in). For logging on to the SRM Site, the bidder would require vendor code and SRM user id and password which can be obtained by submitting a questionnaire available at our SRM site as well as at NTPC tender site (www.ntpctender.com). First time users not allotted any vendor code are required to approach NTPC at least three working days prior to Document Sale Close date along with duly filled in questionnaire for issue of vendor code and SRM user id/password.

Note: No hard copy of Bidding Documents shall be issued.

8.1 Issuance of Bidding Documents to any Bidder shall not construe that such Bidder is considered to be qualified. Bids shall be submitted online. Bidder shall furnish Bid Security, Integrity Pact and Power of Attorney separately offline as detailed in Bidding Documents before the stipulated bid submission closing date and time at the address given below.

9.0 Transfer of Bidding Documents purchased by one intending Bidder to another is not permissible.

10.0 Address for communication:

For the detailed IFB and bidding documents please visit at https://etender.ntpclakshya.co.in, www.ntpctender.com or www.ntpc.co.in or may contact General Manager (Renewable Energy – Contract Services) / Addl. General Manager (Renewable Energy-Contract Services) / Dy. General 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. +91-120-4947373/7559/7408/7375, Fax: +91-120-2410251 email: aseemjain@ntpc.co.in / shailendra@ntpc.co.in / skjambhale@ntpc.co.in / jaideep@ntpc.co.in / rahulgoel@ntpc.co.in / binodkumarray@ntpc.co.in / akgupta01@ntpc.co.in or at office.

Corporate Identification Number: L40101DL1975GOI007966, Website: www.ntpc.co.in