West Bengal State Electricity Distribution Company Limited Tender

The financial eligibility criteria for the bidder to participate in this tender can be clustered as follows: 1. Net Worth: - Minimum Net Worth: Rs. 990 Crores - Net Worth Calculation: Subscribed and Paid-up Equity + Reserves - (Revaluation reserves + miscellaneous expenditure not written off + reserves not available for distribution to equity shareholders) - Alternative definition: Sum of subscribed and paid-up equity and reserves from which shall be deducted the sum of revaluation reserves, miscellaneous expenditure not written off and reserves not available for distribution to equity shareholders (no specific values or percentages mentioned) 2. Technical Capacity: - Minimum Technical Capacity: Rs. 3300 Crores 3. Equity Shareholding: - In case of a Consortium, the combined technical capacity and net worth of those Members, who shall have an equity share of at least 26% each in the SPV - The Lead Member of the Consortium shall have an equity share holding of at least 26% of the paid-up and subscribed equity of the SPV - Each member of the Consortium, whose experience will be evaluated, shall subscribe to 26% or more of the paid-up and subscribed equity of the SPV 4. Minimum Equity Stake: - The members of the Consortium shall collectively hold at least 51% of the subscribed and paid-up equity of the SPV at all times until the first anniversary of the commercial operation date of the Project 5. Equity Share Capital: - Each Consortium Member shall, for a period of 2 years from the date of commercial operation of the Project, hold equity share capital not less than: (i) 26% of the subscribed and paid-up equity of the SPV (ii) 5% of the Total Project Cost No specific information is found regarding Turnover, Revenue, or Net Profit as financial eligibility criteria.