Any other agreement, as may be required; “RFQ” shall mean the Request for Qualification document issued by BPC for tariff based competitive bidding process for selection of TSP to execute the Project and shall include any modifications, amendments or alterations or clarifications thereto; “Response to RFQ” shall mean the online response through the electronic bidding platform and written (original hard copies) response of a Bidder to and in accordance with this RFQ; “Statutory Auditor” shall mean the auditor appointed under the provisions of the Companies Act, 1956 or under the provisions of any other applicable governing law; “Technically Evaluated Entity” shall mean the company which has been evaluated for the satisfaction of the technical requirement set forth in Clause2.1.2 hereof; “Transmission Charges” shall mean the charges payable to TSP by Long Term Transmission Customer(s) pursuant to the TSA, as adopted by the Appropriate Commission; “Transmission License” shall mean the license granted by the Appropriate Commission in terms of the relevant regulations for grant of such license issued under The Electricity Act, 2003; “Transmission Service Agreement” or “TSA” shall mean the agreement entered into between Long Term Transmission Customer(s) and the TSP pursuant to which TSP shall build, own, operate and maintain the Project and make available the assets of the Project to Long Term Transmission Customer(s) on a commercial basis; “Transmission Service Provider” or “TSP” shall mean _________________ (a SPV company to be incorporated by REC Transmission Projects Company Limited) which has executed the Transmission Service Agreement and has been/shall be acquired by the Selected Bidder; “Transmission System” means a line with associated sub-stations or a group of lines together along with associated sub-stations and the term includes equipment associated with transmission lines and sub-stations; “Ultimate Parent Company” shall mean a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company.
Sub: Response to RFQ for shortlisting of Bidders as Transmission Service Provider to establish Transmission System for “Transmission System Strengthening In Jharkhand State (Package-1)” through tariff based competitive bidding process 1. [Note: Applicable in case of Bidding Company] We certify that the Financially Evaluated Entity(ies) had a Networth of Rs. ……… Crore or equivalent USD* computed as per instructions in this RFQ based on unconsolidated audited annual accounts (refer Note-2 below) of any of the last three (3) financial years, as provided in Clause 2.2.3, immediately preceding the last date of submission of Response to RFQ. Name of Financially Evaluated Entity(ies) Relationship with Bidding Company** Networth (Rs. Crore) 1. ……………………….. 2. ……………………….. 3. ……………………….. …. Total Networth *Equivalent USD shall be calculated as per provisions of Clause 3.1.3.1 ** The column for “Relationship with Bidding Company” is to be filled in only in case financial capability of Parent/Affiliate has been used for meeting Qualification Requirements. [Note: Applicable in case of Bidding Consortium] We certify that the Financially Evaluated Entity(ies) had a minimum Networth of Rs. …….. Crore or equivalent USD* computed as per instructions in the RFQ and based on unconsolidated audited annual accounts (refer Note-2 below) of any of the last three (3) financial years, as provided in Clause 2.2.3, immediately preceding the last date of submission of Response to RFQ. Name of Consortium Member Equity Commitment in the Project (%) Networth of Member (Rs. Crore) Networth Requirement to be met by Member in proportion to the Equity Commitment (Rs. Crore) Whether the Member meets the Networth Requirement (1) (2) (3) (As per table below) (4 = 2 x Total Networth requirement for the Project ) (5) 1. …………… Yes / No 2. …………… Yes / No .. Yes / No
16. Certified copy of the Register of Members / Demat Account Statement, Share Certificate, Annual Return filed with ROC etc. submitted as documentary evidence along with Format 4.11. 17. Format for Disclosure by Bidding Company / each Member of the Consortium. 18. Format for Authorisation submitted in Non-Judicial stamp paper duly notarized as per Format 4.5from the Bidding Company / each Member of the Consortium authorizing the BPC to seek reference from their respective bankers & others. [Note: The checklist is not exhaustive. Bidders are required to submit all the information/documents as per requirement of RFQ] For and on behalf of Bidder M/s. ………………………………………………. ………………………………………………….. (Signature of authorised signatory) Authorisation from Parent / Affiliate of Bidding Company / Member of Bidding Consortium whose technical / financial capability has been used by the Bidding Company / Member of Bidding Consortium. [On the Letter Head of the Parent /Affiliate] Name:…………………………………………………