Guidelines for determination of tariff & SBD for ... - Ministry of Power
Guidelines for determination of tariff & SBD for ... - Ministry of Power
Guidelines for determination of tariff & SBD for ... - Ministry of Power
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Standard RFP <strong>for</strong> ….[Insert ‘medium’ or ‘long’, as applicable] term power procurement under Case - 1<br />
Affiliate(s). The financial capability <strong>of</strong> a particular Parent Company (ies) and / or<br />
Affiliates, shall not be used by more than one Bidder.<br />
The <strong>determination</strong> <strong>of</strong> the relationship <strong>of</strong> Parent Company or Affiliate with the Bidding<br />
Company or with the Member <strong>of</strong> the Bidding Consortium, including the Lead Member,<br />
shall be as existing on the date seven (7) days prior to the Bid Deadline. Documentary<br />
evidence in <strong>for</strong>m <strong>of</strong> a certification from a practicing Company Secretary or Statutory<br />
Auditor to establish such relationship shall be furnished by the Bidder along with the<br />
Bid.<br />
If the Financially Evaluated Entity is an entity other than the Bidding Company or a<br />
Member <strong>of</strong> a Bidding Consortium, the Bidding Company or Member relying on such<br />
Financially Evaluated Entity will have to submit a legally binding undertaking<br />
supported by a Board resolution as per Format 4.8, from the Financially Evaluated<br />
Entity or its Parent Company / Ultimate Parent Company, as the case may be, that the<br />
obligation <strong>of</strong> the Bidding Company or the Member <strong>of</strong> the Consortium to submit a<br />
Contract Per<strong>for</strong>mance Guarantee, if selected, shall be deemed to be the obligations <strong>of</strong><br />
the Financially Evaluated Entity or its Parent Company / Ultimate Parent Company, as<br />
the case may be, and in the event <strong>of</strong> any default whatsoever by the Successful Bidder in<br />
submitting the Contract Per<strong>for</strong>mance Guarantee, the same shall be submitted by such<br />
Financially Evaluated Entity or by the Parent Company / Ultimate Parent Company, as<br />
the case may be.<br />
2.1.6 A Bidder shall submit only one response in the same bidding process, individually as<br />
Bidding Company or as a Member <strong>of</strong> a Bidding Consortium (including the Lead<br />
Member). It is further clarified that any <strong>of</strong> the Parent Company / Affiliate / Ultimate<br />
Parent Company <strong>of</strong> the Bidding Company or a Member <strong>of</strong> a Bidding Consortium shall<br />
not separately participate directly or indirectly in the same bidding process. Further, if<br />
any Bidder has a Conflict <strong>of</strong> Interest with other Bidder(s) participating in the same<br />
bidding process, the Bid <strong>of</strong> all such Bidder(s) shall be rejected.<br />
2.1.7 Notwithstanding anything stated above, the Procurer/ Authorized Representative<br />
reserves the right to verify the authenticity <strong>of</strong> the documents submitted <strong>for</strong> meeting the<br />
Qualification Requirements and may request <strong>for</strong> any additional in<strong>for</strong>mation /<br />
documents. The Procurer/ Authorized Representative reserves the right at its sole<br />
discretion to contact the Bidder’s bank, lenders, financing institutions and any other<br />
persons as necessary to verify the Bidder’s in<strong>for</strong>mation/documents <strong>for</strong> the purpose <strong>of</strong><br />
qualification.<br />
2.1.8 (a) If at any stage <strong>of</strong> the bidding process, any order / ruling is found to have been<br />
passed in the last one (1) year preceding the Bid Deadline by an Appropriate<br />
Commission or a Competent Court <strong>of</strong> Law against any Bidder or its Affiliates <strong>for</strong> its<br />
material breach <strong>of</strong> any contract <strong>for</strong> supply <strong>of</strong> power having duration <strong>of</strong> contract in<br />
excess <strong>of</strong> one (1) year to any licensee in India, Bids from such Bidders shall be liable to<br />
be rejected. All Bidders shall confirm in accordance with Format 4.1 that no such<br />
order(s) / ruling(s) have been passed by an Appropriate Commission or a Competent<br />
Court <strong>of</strong> Law against it or its Affiliates.<br />
(b) If the bid security submitted by the Bidder or its Affiliates has been <strong>for</strong>feited either<br />
partly or wholly in any bid process under Case-1 or Case -2 bidding procedure in the<br />
last one (1) year preceding the Bid Deadline, the Bids <strong>of</strong> such Bidders shall be liable<br />
………..[Insert name <strong>of</strong> Procurer / Authorized Representative ] Page 27