Guidelines for determination of tariff & SBD for ... - Ministry of Power

Standard RFP for ….[Insert ‘medium’ or ‘long’, as applicable] term power procurement under Case - 1
SECTION – 2
2. INFORMATION AND INSTRUCTIONS FOR BIDDERS
2.1 Qualification Requirements
2.1.1 The Bidder should be a corporate entity duly incorporated under the relevant laws.
Subject to Clauses 2.1.3 and 2.1.4, the Bidder must meet the Qualification
Requirements independently as Bidding Company or as a Bidding Consortium with one
of the Members acting as the Lead Member of the Bidding Consortium. Bidder will be
declared as a Qualified Bidder based on meeting the Qualification Requirements
specified below and as demonstrated based on the documentary evidence submitted by
the Bidder in the Bid. Further, a Bidding Consortium can participate in the bidding
process if any Member of the Consortium has purchased the RFP.
[Note: A bidding company can be a generation company, a transmission licensee
(owning generation facilities), a distribution company, a Trading Licensee or any other
corporate entity which is willing to participate in the bidding process for providing
supply of power to the Procurer(s).]
2.1.2 The Bidder must fulfill the following Qualification Requirements specified in Clause
2.1.2.1 and 2.1.2.2:
2.1.2.1 Networth: Networth should be equal to or greater than the value calculated at the
rate of Rs. 0.50 Crore per MW of capacity offered by the Bidder in its Bid or
equivalent USD [Calculated as per provisions mentioned in Note below]. The
computation of networth shall be based on unconsolidated audited annual accounts
of any of the last three (3) financial years immediately preceding the Bid Deadline.
[Note: For the Qualification Requirements, if data is provided by the Bidders in
foreign currency, equivalent rupees of Networth will be calculated using bills
selling exchange rates (card rate) USD / INR of State Bank of India prevailing on
the date of closing of the accounts for the respective financial year as certified by
the Bidders’ banker.
For currency other than USD, Bidders shall convert such currency into USD as per
the exchange rates certified by their banker prevailing on the relevant date and used
for such conversion.
If the exchange rate for any of the above dates is not available, the rate for the
immediately available previous day shall be taken into account.]
In case of more than one Financial Bid being submitted by the Bidder, the Networth
must be fulfilled by such Bidder for the sum total of the capacities being offered by
it in its Financial Bids.
Networth shall be computed in the following manner by the Bidder:
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