NLC INDIA LIMITED. (Formerly Neyveli Lignite Corporation Limited) a Government of India Navratna Enterprise

NLC INDIA LIMITED. (Formerly Neyveli Lignite Corporation Limited) A Government of India Navratna Enterprise

OFFICE OF THE CHIEF GENERAL MANAGER/CONTRACTS CORPORATE OFFICE Block-1, Neyveli - 607 801, Cuddalore Dist., Tamil Nadu, India

LIMITED TENDER ENQUIRY THROUGH e-TENDER

Tender Document towards

Borrowing of Rs. 2052 Crores for 709 MW Solar Power Project in Tamil Nadu Tender No: CO CONTS/0013G/LTE/TN Solar Borrowing-709MW/RTL/e-Conts/2018,Dt:18.05.2018

Date & Time of Opening Bid: 12.06.2018 @ 11.00 Hrs.

Phone: 04142 - 252210 / 251620 E-Mail: [email protected] Fax: 04142 – 252026/ 252645/ 252646 [email protected] [email protected] Website: www.nlcindia.com

Registered Office: First Floor, No: 8, Mayor Sathyamurthy Road, FSD, Egmore Complex of Food Corporation of India, Chetpet, Chennai-600031.

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INDEX

Details Page No.

Schedule of Tender (SOT) 3

Instruction to Bidders for Submission of Online Bids through 4 e-Tender

Section-I – Notice Inviting Bid 8

Section-II – Information to Bidders 13

Bid (Part A) 19

Schedule of Rates (SOR) Part B 22

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SCHEDULE OF TENDER (SOT)

NLC TENDER No. CO CONTS/0013G/LTE/TN Solar Borrowing- 709MW//RTL/e-Conts/2018, Dt:18.05.2018 MODE OF TENDER e-Contracts System (Online Bid ) Single Cover System Date of NIB available to parties to download 18.05.2018 Tender Fee Nil. Bid Guarantee Amount Nil.

Pre bid conference will be held on 29.05.2018 @ 11.00 Hrs. at Corporate Contracts Division, NLCIL, Neyveli. Date of Starting of e-Tender for submission of 30.05.2018 from 11.00 Hrs. IST Online Bid Date of closing of Online e-Tender for submission 12.06 2018@ 10.30 Hrs. IST of Bid Date & Time of opening of Tender 12.06.2018@ 11.00 Hrs. IST

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INSTRUCTION TO BIDDERS FOR SUBMISSION OF ONLINE BIDS

THROUGH e-TENDER Bidders are requested to read the Terms &Conditions of this Tender before submitting their Online Bids. 1.0 Pre requisites for accessing NLC Website A. System Requirements: Refer to NLCIL’s portal CCMS (e.conts.nlcindia.com) for System Requirements.

B. Digital Certificate  Bidder should have a legally valid CLASS III Digital Certificates (i) Digital Signature, non-repudiation certificate (used for Signing) and (ii) Key Encipherment Certificate (used for encrypting Bid Document) with Organisation name from any of the licenced Certifying Authorities (CA) operating under the Root Certifying Authority of India (RCAI), Controller of Certifying Authorities (CCA) of India.  Ensure that all necessary trust certificates and drivers are installed as per CA’s instruction and working properly.For detailed guidance about browser and Java configuration, the bidders are advised to go through the guide available in the portal. 2.0 Registration: The process involves Bidder registration with NLC Website under e-Contracts portal. Only after successful registration, the Bidder(s) can submit his/their bids electronically. Bidders are required to make their own arrangement for bidding from a computer connected with Internet. NLC shall not be responsible for making such arrangements. Bidders are required to register in the URL and click on “New Bidder” and fill up the registration form with their details like Bidders address, user ID and Password etc., and submit. Kindly note that Bidder name will be captured from Digital Signing Certificate (DSC). Bidders are advised to keep note of the same. It may be noted that no separate user id and password will be provided by NLC. Acceptance or Rejection of Registration request for the Tender will be intimated by a separate e-mail message. After successful registration, the bidder can login with their user ID, password & DSC and participate in the e-Tender. 3.0 Bidding Process:

The entire bidding process will be through e-Tender as given below:-

3.1 Preparation of Bid a. The Bidder will be able to prepare Bid online using the respective forms. For Guidelines please refer to the help in the Portal. b. Bidder can edit and save his offer any number of times till closing time of the bid. However, once he submits his bid he will not be able to edit it. c. If the Bidder wants to edit his submitted bid, then, he has to first delete his submitted offer and then edit his offer and resubmit. Only submitted bids will be considered for evaluation. Any saved bids that are not submitted will be deleted by the system after the due date of opening.

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d. Bidder can attach files containing company profile details, scanned copies of other details, etc., which are required for the enquiry. The documents attached should be in PDF format. e. File Size: 5 MB is the maximum size of a single file that can be attached. 3.2 Bid Submission and Signing: a. Submission of bid with duly digitally signed using Bidder’s Digital Signing Certificate. b. Bidder cannot submit any offer after the due date and time stipulated in the Tender. c. All bids submitted by Bidder can be viewed by clicking on the link “Submitted Bids” provided in the left menu of the corresponding Bidder's home page. d. All notices and correspondence to the bidder(s) shall be sent by email message only during the process till finalization of Tender. Hence the bidders are required to ensure that their email address provided at the time of registration is valid and updated. Non receipt of email will not entitle any bidder to lodge any claim and no complaint in this regard shall be entertained. Bidders are also requested to ensure validity of their Digital Signing Certificate (DSC). e. Bidders are advised to see the web site regularly to remain updated with latest information to ensure that they do not miss out any corrigendum/addendum uploaded against the said Tender after downloading the Tender Document. The responsibility of downloading the related corrigendum, if any, will be that of the bidders. 4.0 Bidding in e-Tender: a. In all cases, bidder should use their own ID and Password along with Digital Signature at the time of submission of their bid. b. The e-tender floor shall remain open from the pre-announced date & time and for as much duration as mentioned above. c. All electronic bids submitted during the e-Tender shall be legally binding on the bidder. Any bid will be considered as the valid bid offered by that bidder and acceptance of the same by the NLCIL will form a binding Contract between NLCIL and the Bidder for execution of contract d. It is mandatory that all the bids are submitted with Digital Signature Certificate otherwise the same will not be accepted by the system. e. NLC reserves the right to cancel or reject or accept or withdraw or extend the Tender in full or part as the case may be without assigning any reason thereof. f. The server time shall be treated as final and binding. Bids recorded in the server before the bid closing time will only be treated as valid bid. Bidders are, therefore, advised to submit their bids well before the closing time of e-Tender. If any bid reaches the server after the bid closing time as per server time, the same will not be recorded and no complaint in this regard shall be entertained. g. Bidders are advised to exercise caution in quoting their bids in e-Tender to avoid any mistake. Bids once submitted can’t be recalled. 5.0 Process of e-Tender: During Tender opening, the bid will be opened electronically on or after specified date and time as given in the Tender Document.

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6.0 Opening of Bids of e-Tender: The bids shall be opened on the stipulated date and time. 7.0 Any order resulting from this bidding process shall be governed by the Terms and Conditions mentioned in the NIB. 8.0 NLC India Ltd reserves the right to cancel this bidding process (e-Tender) or extend the due date of receipt of bid(s) without assigning any reason thereof.

RULES FOR REVERSE AUCTION

1. Schedule for Reverse Bidding: After opening of bids on online, date and time of start of Reverse Auction shall be intimated to all the bidders. Scheduled duration of Reverse Auction shall be normally One hour.

2. Auction extension time: If a valid bid is placed within Ten (10) minutes of End Time of the Reverse auction (RA), then RA duration shall get automatically extended for another Ten (10) minutes from the existing end time. It may be noted that the auto-extension will take place only if a valid bid comes in those last Ten (10) minutes. If a bid does not get accepted as the lowest bid, the auto-extension will not take place even if that bid might have come in the last Ten (10) minutes. The above process will continue till no bid is received in last Ten (10) minutes which shall mark the completion of Reverse Auction. However, bidders are advised not to wait till the last moment to enter their bid to avoid complications related to internet connectivity, their network problems, system crash down, power failure etc.

3. Procedure of Reverse Auctioning:

a. After opening of bids online, the bidders will be ranked starting from the lowest offered rate as L1, L2, L3 and so on. b. The Start rate will be same as Lowest Rate less 0.01 % quoted by any bidder and the same will be displayed in percentage upto two decimal place. c. Bidders participating in the reverse auction can reduce the rate from above Start rate as displayed in the screen by minimum of 0.01 % and multiples thereon.

d. “RL1” Bid is the last offered rate i.e. further no bidders responds within the time limit. e. After completion of the online Reverse Auction, the Closing rate i.e. RL1 bid, shall be available for further processing for awarding to the RL1 bidder who offered the RL1 bid.

4. System Requirement: Refer to NLCIL’s portal CCMS (econts.nlcindia.com) for System Requirements. 5. Bidding in Reverse auction: In all cases, bidder should use their own ID and Password along with Digital Signature at the time of submission of their bid. 6. During the entire e-reverse auction process, the bidders will remain completely anonymous to one another.

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7. The e-reverse auction shall remain open from the pre-announced date & time and for as much duration as mentioned above. 8. All electronic bids submitted during the e-reverse auction process shall be legally binding on the bidder. Any bid will be considered as the valid bid offered by that bidder and acceptance of the same by the Buyer will form a binding contract between NLCIL and the Bidder for execution of contract. 9. It is mandatory that all the bids are submitted with digital signature certificate otherwise the same will not be accepted by the system. 10. NLCIL reserves the right to cancel or reject or accept or withdraw or extend the tender in full or part as the case may be without assigning any reason thereof. 11. The prevailing/current lowest bid will be displayed on the bidding screen during the course of e- reverse auction and all subsequent bids shall have to be quoted lower than the prevailing/current lowest bid. 12. The server time shall be treated as final and binding. Bids recorded in the server before the bid closing time will only be treated as valid bid. Bidders are, therefore, advised to submit their bids well before the closing time of e-reverse auction. If any bid reaches the server after the bid closing time as per server time, the same will not be recorded and no complaint in this regard shall be entertained. 13. Bidders are advised to exercise caution in quoting their bids in e-reverse auction to avoid any mistake. Bids once submitted can’t be recalled. 14. Any order resulting from this bidding process shall be governed by the terms and conditions mentioned in the NIB. No deviation to the technical and commercial terms & conditions are allowed. NLCIL reserves the right to cancel this bidding process (e-reverse auction) or extend the due date of receipt of bid(s) without assigning any reason thereof. *****

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LIMITED TENDER ENQUIRY Tender No: CO CONTS/0013G/LTE/TN Solar Borrowing-709MW/RTL/e-Conts/2018,Dt.18.05.2018

SECTION–I

NOTICE INVITING BID

1.0 Online Bids in English are invited, from the following Thirty three (33)Banks/Financial Institutions only, by NLC INDIA LIMITED (NLCIL) (Formerly Neyveli Lignite Corporation Limited), Neyveli for the “Borrowing for 709 MW Solar Power Projects of NLC India Ltd.” as per details given below:

The Assistant General Manager The Assistant General Manager Allahabad Bank Andhra Bank Mount Road Branch No.48/39, Wawoo Mansions ‘’Anna Theatre Building’’ Rajaji Salai Chennai-600001. 40/41, Anna Salai, Chennai-600002. Contact No.9840422179/044-25222222 Contact No.9962662508/044-28549262 [email protected], [email protected] [email protected] Kind Attn: Sri. Arumugam Kind Attention: Sri. V.Vetrisselvan The Asst. General Manager Chief Operating Officer Bank of Baroda Laxmi Vilas Bank Ltd. International Business Branch 4/1, Sardar Patel Road No.45, More Street, Chennai-600001. Guindy, Chennai-600032. Contact No.8130929919/044-23454271 Kind Attention: Vidhyasagar [email protected] Contact No. 9677286868 Kind Attention: Sri.T.N. Suresh Email: [email protected] e-mail: [email protected] The Assistant General Manager The Deputy General Manager Bank of Maharashtra South Indian Bank Ashok Nagar Branch, 60, 10th Avenue, Opp No.1, Niagra Apartment to Jeevan Super Market, Sterling Road, Nungambakkam Ashok Nagar, Chennai-600083. Chennai-600034. Contact No.7339389262/044-24892537 Phone: 044-28238250/8447926680 [email protected] Kind attention: Biji. S.S Kind Attention: Sri.Gowthaman Mail id: [email protected] The Deputy General Manager The Assistant General Manager Central Bank of India Corporation Bank 803, Anna Salai, Addison Building 38,39 Whites Road, PB No.2719 Chennai-600014 Chennai-600002 Contact No.9840994841/044-28524258 Contact No.9769196234 /044-42625259 [email protected] [email protected] Kind Attention: Sri. C. Sridhar Kind Attention:Sri.Sundararaman

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The Assistant General Manager The Deputy General Manager Dena Bank IDBI Bank Corporate Business Branch No.115, Anna Salai 1st Floor, Beta Wing, Raheja Towers, P.B.No.805, Saidapet 177, Anna Salai, Chennai-600002 Chennai 600002 Contact No.7389933712/044-28603120 Contact No.9566003972/044-22202011 [email protected] [email protected] Kind Attention: Sri. T.R.Parida Kind Attention: Smt. Uma Devi

General Manager - CIG The Senior Regional Manager Karur Vysya Bank – Central Office Indian Overseas Bank Corporate Institutional Group No.9-11, 100ft Road, Jhansi Nagar Corner, Erode Road, Karur 639002 Pondicherry 605004 [email protected] Contact No.9845548315/04132207802 [email protected] [email protected] Kind Attention: Sri.S. Balaji GM [email protected] Contact No. 9786001670/04324269227 Kind Attention: Sri.J. Ganesan

The Assistant General Manager The Assistant General Manager Oriental Bank of Commerce Punjab National Bank Spencer Plaza, 769, Anna Salai No.10, Raja Street, T. Nagar Chennai 600002 Tamil Nadu Chennai 600017 Contact No.9940198450/044-28492940 Contact No.9840483809/044-65720008 [email protected] [email protected] Kind Attention: Sri. P.K. Srivastav Kind Attention: Sri. Raju Prasad

The Assistant General Manager The Assistant General Manager State Bank of Hyderabad, State Bank of Patiala, No. 102, 1st floor, T. Nagar, No. 30, Whites Road, Chennai- 600017 Chennai- 600014 Contact no. 7845521571, 044-24346494 Contact no. 044-28553296 Email : [email protected] Email: [email protected] Kind Attention: Sri. S Vijaya Kumar

The Deputy General Manager The General Manager State Bank of India Syndicate Bank Corporate Accounts Group Branch No.69, Armenian Street 3rd Floor, Sigapi Achi Building Leelavathi Building, Chennai 600001 18/3, Rukmini Lakshmipathi Road, Egmore Contact No.9444121000/044-25261155 Tamil Nadu-600008 [email protected] [email protected] No.8939895889 Kind Attention: Sri.CBL Narasimha Rao Kind Attention: Sri.Ramesh Rao

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The General Manager The Assistant General Manager UCO Bank Union Bank of India – Chennai Main Branch 328, Thambu Chetty Street No.139, Union Bank Bhavan, Chennai 600001 Broadway, Chennai 600001 Contact No.9007686644 Contact No. 9442625390/044-23460725 [email protected] [email protected] Kind Attention: Sri. Atul Sinha Kind Attention: Sri.E. Pullarao

The Deputy General Manager The Asst. General Manager United Bank of India Vijaya Bank, Corporate Banking Branch Corporate Finance Branch No.123, Durga Tower No.117 Armenian Street R.L. Road, Egmore Chennai-600001. Chennai-600008. Contact No. 07000763988/044-8112278/79 Contact No.9618829368/044-28591258 Email ID - [email protected] [email protected] Kind Attention: Sri. Samir Kumar Ray [email protected] Kind Attention: Sri.Radhakrishnan

The Branch Head The Relationship Manager Axis Bank, Neyveli Branch HDFC Bank SPT Mani Nagar, Vadakuthu, No.115, R.K. Salai, 9th Floor Gandhi Nagar, Neyveli 607308 Mylapore, Chennai 600004 Contact No. 04142-281900 Contact No.9380004428 [email protected] [email protected] Kind Attention: Sri. Venkatramani Kind Attention:Sri. B. Anand The Relationship Manager Industrial Finance Corporation of India Ltd ICICI Bank Continental Chambers (2nd Floor) No.1 Cenotaph Road 142, Mahatma Gandhi Road Teynampet Chennai 600018 Nungambakam Chennai 600034 Contact No.9677123975 Contact No.09990725925 [email protected] [email protected] Kind Attention:Sri. T.R.Mohanakrishna Kind Attention:Sri.R.K. Gupta

General Manager (Projects) – Central Sector The Chief Project Manager Power Finance Corporation Ltd Rural Electrification Corporation of India ‘’Urjanidhi’’, 1, Barakhamba Lane, Chennai Project Office, 12 TNHB Complex Cannaught Place, New Delhi 110 001 180, Luz Church Road, Mylapore Contact No.9868549085/011-23456534 Chennai 600004 [email protected] Contact No. 9444381137 Kind Attention: Sri. G S Patra [email protected] Kind Attention: Smt.S. Jayanthi

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The General Manager The Federal Bank ltd City Union Bank 1st Floor,Dr. Nanjappa Building Administrative Office 330, Variety Hall Road, 24 B, Gandhi Nagar Coimbatore – 641001 Kumbakonam-612001. Tamilnadu. email:[email protected] Contact No. 9962978318 [email protected] Mail id : [email protected] Kind Attention: Sri. K.P. Sridhar [email protected] Sri. Ganesan No. 9381306000 Kind Attention: Shri. Varun S

Regional Head- Financial Institutions & Relationship Manager Public Sector- TN & Kerala Corporate Banking – Large Corporates IndusInd Bank Ltd, Kotak Mahindra Bank 4th Floor, New No. 34, Old No 115-116, 11th Floor, 555, Capital Towers G.N.Chetty Road, T. Nagar, Anna Salai, Teynampet Chennai 6000 017. Chennai 600018 Kind Attention: Ms. Geeta Viswanath Phone: 8056272149/044-45544757 (D) 044 28346061 (M) +91 9884076182 [email protected] [email protected]. [email protected]

The Assistant General Manager Karnataka Bank Regional Office No. 324, 1st Floor, Thambu Chetty Street Chennai 600001 Contact Nos. 9731497766/044-23453220 [email protected] Kind Attention: T Prasandan

1.1 Tender No: CO CONTS/0013G/LTE/TN Solar Borrowing-709MW/Solar/RTL/e-Conts/2018 Dt.18.05.2018.

1.2 Cost of Tender Document : Nil. 1.3 Bid Guarantee Amount : Nil. 1.4 Pre-bid meeting : 29.05.2018 @ 11.00 Hrs 1.5 Last Date and Time for receipt of Offer : 12.06.2018 up to 10.30 Hrs 1.6 Date and Time of Opening of Bid : 12.06.2018 @ 11.00 Hrs.

2.0 The General Tender Conditions and other details are available in the Tender Documents. Any offer received after the expiry of the time specified for receiving the bid is liable for rejection.

2.1 The Tender Document (non-transferable) can be downloaded from our Website www.nlcindia.com or econts.nlcindia.com or Central Public Procurement Portal (CPPP) of Government of India, Website: www.eprocure.gov.in.

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3.0 For any clarification please contact O/o the Chief General Manager/Contracts, Corporate Office, NLC India Ltd., Neyveli–607 801, Phone No: 04142-252210/251620, Fax No: 04142–252026, E-Mail ID: [email protected], within 5 (five) days from the date of the Tender.

4.0 Amendments/Errata/Corrigendum/Clarifications, if any, issued for the Tender shall form part and parcel of the Tender Document. Amendments / Errata / Corrigendum / Clarifications will also be hosted in NLC’s websites and CPPP. Firms are requested to visit NLCIL’s websites or CPPP and note the Amendments / Errata / Corrigendum / Clarifications before submission of offer. Any ignorance on the part of the firms in not seeing the websites will not be an excuse. NLCIL shall not be responsible if any Bidder omits to notice any Amendments/Errata/Corrigendum/Clarifications. The Amendments/Errata/Corrigendum/ Clarifications will be numbered serially.

5.0 NLC India Ltd., takes no responsibility for delay, loss or non-receipt of Tender Documents or any letter sent by post either way. 6.0 Bids submitted by Telefax or E-Mail and off line bids received shall be rejected. 7.0 NLC India Ltd., reserves the right to reject any tender or all tenders received at its discretion without assigning any reason whatsoever.

CHIEF GENERAL MANAGER/CONTRACTS.

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SECTION-II INFORMATION TO BIDDERS 1.0 Information:

NLC India Ltd. (formerly known as Neyveli Lignite Corporation Limited), a “Navratna’’ government of India Enterprise under the administrative control of Ministry of Coal has a chequered history of achievements in the last 61 years since its inception in 1956. A pioneer among the public sector undertakings in energy sector, currently NLCIL operates the following:

Sl.No. Particulars Location Capacity 01. Opencast Lignite Mines - 3 Nos. Neyveli 28.5 Million Tonnes p.a. 02. Opencast Lignite Mines - 1 No. Rajasthan 2.1 Million Tonnes p.a. 03. Thermal Power Stations – 4 Nos. Neyveli 2990 MW 04. Thermal Power Station - 1 No. Rajasthan 250 MW

NLCIL is implementing various Power and Mining Projects which are at different stages of implementations. Details of some of the projects under implementation stages are given below:

1. Restructuring of Mine 1 & 1A to augment additional lignite capacity of 1.5 MTPA (13.5 mtpa to 15mtpa) to feed the New Neyveli Thermal Power Plant of 1000 MW capacity under construction in lieu of existing age old 600 MW TPS I.

2. New Neyveli Thermal Power Project (NNTPS): This lignite based project with 2x500 MW capacity will replace the existing aged Thermal Power Station I commissioned in 1960s.

3. Barsingsar Extension (1x250 MW) – New Lignite Mine at Halda (1.90 MTPA capacity) and the existing Barsingsar Mine which is being operated at 100 % capacity (2.10 mtpa) and the linked Barsingsar Thermal Power Station by 250 MW.

4. Bithnok TPS (1x250 MW) – Bithnok Lignite Mine (2.25 mtpa capacity) and the linked power station of 250 MW capacity.

5. The proposed Solar Power Projects in different States of India as detailed below: Sl.No. Location of the Project Capacity (MW) Status 01. Neyveli 130+10 Commissioned 02. Tamil Nadu 500 In Progress 03. Tamil Nadu (addl) 709 In Progress

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6. Apart from this, the Coal Mining project with an annual coal capacity of 20 mtpa under MDO in Talabira –II & III, Orissa is in Initial Stage. A Pid-head TPS with 3 X 800 MW is also under the process.

7. TPS-II 2nd Expansion ( 2 units X 660 MW) with linked Lignite Mine-III (11.5 mtpa) is also under advance stage of process

2.0 NLCIL proposes to raise a Long Term Rupee Loan up to Rs.2052 crore to meet the part fund requirement of the proposed Solar Power Projects in Tamil Nadu with a capacity of 709 MW. Hence, the bidder is requested to quote the interest rate for this Rupee Term Loan (RTL).

Company’s stipulations and other requirements for borrowings are given in tender. The prescribed bid forms are enclosed. The bid is to be submitted to give the acceptance of the stipulations as prescribed by the company and Quantum of Loan amount offered, Rate of Interest and Legal Fees as per stipulations. Bidders are not allowed to take any deviation from the tender conditions. Bidders are requested to submit the bids in two parts agreeing to the conditions thereto any deviations or qualified bids will be summarily rejected.

Pre Bid Meeting will be held on 29.05.2018 @ 11.00 Hrs. Contracts Conference Hall in Corporate Office, NLCIL, Neyveli.

Online Bids submitted are opened for evaluation. It is proposed to follow the reverse e-auction procedures the details of which are given in Tender.

Bidders are requested to submit their bids through electronic mode only. NLC India Ltd., reserves the right to accept / reject any offer received from any bidders without assigning any reasons. Queries can be got clarified through the e-mail id : [email protected]

2.1 BRIEF SCOPE OF WORK: The Scope of the Tender is to provide Rupee Term Loan facility to meet the fund requirement of the Solar Power Projects of NLC India Ltd. in Tamil Nadu for 709 MW, as per terms & conditions as given in tender.

2.2 BID SUBMISSION: All bids, including all attachments/enclosures shall be prepared in English Language only and submit online in the NLC web site. The bidder shall submit the offer for full scope of work indicated in the Tender Specification.

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Clarification if any, shall be sought within 5 (five) days from the date of Tender. Any request for clarification received after the stipulated time will not be considered. NLC will issue clarification as they may think fit, in writing. Bids can be submitted only by the bidders mentioned in Section-I (NIB).

2.3 BID: The Online bid shall contain the full details of the profile of the bidders in PDF format, in addition to duly filled up online forms. 2.4 SCHEDULE OF RATES (SOR):

a. The “Schedule of Rates” duly filled in by the bidder shall be submitted online in the Specified Form.

b. The bidder shall quote the rate of interest for the proposed borrowing as per schedule of rate format given. The bidder quoting a system of rate other than that specified, run the risk of summary rejection of the bid.

c. Interest Rate shall be rounded to two decimals.

d. Notwithstanding any information and data which may be contained in the Tender Document the Bidder has to make independent enquiries and generally obtain his own information on all matters that may in any way affect the Interest Rate.

2.5 LATEST HOUR FOR RECEIPT OF BIDS: Online/Electronic Bid shall be submitted through https://econts.nlcindia.com within the date& time specified in NIB. In general, no request for postponement or extension of time shall be permitted for the Tender Document download period and/or Tender/Price bid opening date. However, borrower has right to decide.

2.6 BID OPENING:

Bid will be opened as per the date & time specified in LTE conditions.

2.7 BID VALIDITY:

The Bid should be kept valid for acceptance for a period of 90 days from the date set for the opening of the Bid.

2.8 DEVIATION:

The bidder is not permitted to take any deviation to the terms and conditions stipulated in the tender. In case, any Bidder takes any deviation, their offer will be summarily rejected.

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2.9 EVALUATION OF BID:

The Bids received will be evaluated by the Borrower to ascertain the lowest evaluated substantially responsive Bid vis-à-vis the Tender Specifications. The Bidder has to satisfy himself that full information is furnished as required in the Specifications. Lack of particulars or incomplete information furnished will run the risk of rejection of the bid.

2.10 ACTION AGAINST THE BIDDER: Furnishing incorrect information in the Tender, failure to act according to Contract Conditions, non- fulfillment of any or whole of the Contract may entail black listing of Bidder in addition to taking other appropriate action against the Bidder.

2.11 DISPUTES:

In respect of all Tender Conditions, the decision of the NLC India Ltd., shall be final and binding. In the event of any dispute arising out of the Tender, such dispute would be subject to the jurisdiction of the Civil Courts, Neyveli.

2.12 General Conditions:

1. NLCIL reserves the right to deal only with the Lender/Consortium Leader (wherever applicable). 2. Any offer/agreement will not have binding on NLCIL to park surplus fund with the lender (s). 3. Successful bidder should give an undertaking in writing that they would honour the contract in letter and spirit as per terms of LTE and LOA conditions. Backing out after the award would have consequential legal action & penalties. 4. It is the responsibility of the Lender/Consortium Leader (wherever applicable), to ensure that the contractual terms is met in time. 5. NLCIL India Ltd. reserves the right to draw lesser amount than the loan tied up amount based on the project requirements. 6. After issue of Letter of Award to the successful bidder, the acceptance of the LOA within 7 (seven) days is compulsory. 7. Within 45 days of the issue of Letter of Award, Lender shall be in a position to execute necessary documents for drawl of loan. 8. Pending execution of agreement, 10 % of the proposed borrowing amount shall be made available for drawl by the borrower. 9. Loan agreement shall be executed within 10 days of sanction letter accepted by the borrower. 10. Hypothecation and Mortgage shall be executed within 120 days of the Loan agreement or mutually agreed period. The lender would be responsible and bear the penalty, if any for the delay in creation of Hypothecation and Mortgage charges, caused on the part of the lender. Borrower would provide the details available with it. For any legal document from Government Departments, the lender would arrange themselve by engaging a local Advocate, for which the Borrower is extending the Legal Fees as mentioned in the LTE elsewhere.

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SPECIAL CONDITIONS: Rate of Interest:

1. Bidders shall have the option of quoting the interest rate based on MCLR of Banks or AAA Bond Rate or G-Sec rate (Long Term), which is easily available and verifiable in the internet. Treasury Bills will not be accepted. 2. The rate quoted by the bidder should have the breakup of basic rate and spread, if any. 3. Basic Rate and spread quoted shall be in terms of percentage up to two decimals. 4. Spread shall be positive or negative and the same shall be fixed throughout the tenure of the loan 5. Lowest rate will be arrived based on the Net Interest Rate. 6. Reset of Interest – on monthly basis. 7. Date of reset – on 15th of every month. If the date falls on a holiday, applicable rate on preceding working day is applicable 8. The quoted rate shall remain same upto the date of drawl. In case of MCLR, the rate applicable on the first drawl date will be applicable. 9. First reset shall be on the upcoming 15th from the date of first drawl. 10. Interest payment will be made monthly (on the last working day of the month).

Others:

1. No Commitment Fee / Upfront Fee will be paid by NLCIL. 2. Levy of interest tax or any other statutory levy,if any, will be reimbursed based on documentary evidence. 3. Credit Rating - Rating has been awarded as IND AAA/ Stable by India Rating (Fitch Group). 4. Moratorium – One year from the date of Scheduled Commercial Operation Date (SCOD) 5. Security – First pari-passu charge will be created on project assets for which borrowing is sought. 6. Partial closure / Pre-closure of loan at the option of the borrower will be available with 30 days prior notice and without any penal charges/premium. 7. Offer validity should not be less than 90 days from the date of bid opening. 8. Legal Fees: Legal fees to be quoted shall be the Professional charges paid to the Legal counsel of the successful bidder for drafting the Loan agreement and mortgage deed. The maximum amount of legal fees would be Rs.1.5 Lakhs subject to actual for the entire loan amount. The same will be shared by the bidders in the ratio of the loan amount allotted. 9. Mortgage Charges: The Mortgage charges shall be registration charges including stamp duty paid for registering the mortgage with the Registration Department will be reimbursed at actual on production of documentary evidence.

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2.13 Others:

a) The submission of offer concerned shall have no cause of action or claim against the NLC India Ltd., for rejection of offer. The Bidder, whose offer is not accepted shall not be entitled to claim any costs, charges and expenses incidental to or incurred by them in connection with submission of their offer or its consideration by NLC India Ltd., even though NLC India Ltd., may modify/withdraw the Invitation to Tender or does not accept the offer or cancel the Tender as a whole.

b) NLC India Limited takes no responsibility for transmission delays, loss or non-receipt of online bid or any letters sent by post / courier/email, either way. NLC India Ltd., shall always be at liberty to reject or accept any offer or offers or part thereof at its sole discretion and any such action will not be called into question and the Bidder shall have no claim in that regard against NLC India Ltd.

2.14 Correspondences: All correspondences are to be made to:

For Financial Correspondences: The Deputy General Manager/Finance/Treasury NLC India Limited, Corporate Office, Block -1, Neyveli – 607 801, Tamil Nadu. Mail id: [email protected] Phone No. 04142-252211

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BID FORMS Bidding for Rupee Term Loan [ RTL ] 1. PRESCRIBED BID FORM AND STIPULATIONS (Part A)

Sl.No. Description

1.0 Total amount of RTL- Rs. 2052 Crore 2.0 Minimum Amount to be quoted – Rs.2052 Crore 3.0 Nature of offer (Standalone/Consortium) 4.0 Tenure : Repayment Terms - 20 Equal Half-Yearly Instalments after moratorium period 05.0 Interest Rate shall be MCLR of Banks or AAA Bond Rate or G-Sec rate (Long Term). Spread quoted shall be firm through-out the Loan Period. Treasury Bills will not be accepted 6.0 Payment of Interest- Payable monthly (on last working day of the month) 7.0 Interest Reset- Monthly. The quoted rate shall remain same up the date of drawl. In case of MCLR, the rate applicable on the first drawl date will be applicable. Thereafter the interest will be reset on 15th day of every month. 8.0 Moratorium – One year from the date of SCOD 9.0 Upfront Fee - Not applicable 10.0 Legal Fee –At actual subject to the maximum of Rs.1.50 Lakh 11.0 Mortgage Charges – At actual on production of documentary evidence. 12.0 Any Other fee - Not Acceptable 13.0 Credit Rating – Rated IND AAA / Stable for entire project debt of Rs.2552 Crore by India Ratings 14.0 Security - First Pari-passu charge on the project assets to the extent of this loan 15.0 Validity Period of offer - Not less than ninety days from the bid opening date 16.0 Pre-closure of the Loan (Partly or Fully) - On 30 days notice without paying any premium / Penalty Charges. 17.0 Evaluation Procedures- Clause No. 2.9 of Section-II. 18.0 Drawl schedule - Drawdown schedule shall be finalized on mutual discussion with the successful lender(s) at the time of entering into Loan agreement/Consortium Loan Agreement as the case may be 19.0 a. Refer rules for RULES FOR REVERSE AUCTION - (Instructions to Bidders for submission of online bids through e-Tender b. Bidders have to submit their offer in electronic mode only.

We hereby undertake to submit our offer in line with all the above points as per tender.

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2. DOCUMENT STRUCTURE

Code Description Type Bidder Acceptance

1 BID: (Part-A) General Terms and Conditions 2 SCHEDULE OF RATES (SOR): (Part-B) Rates

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3. CONSORTIUM DETAILS i) There is no restriction to number of Member Banks. ii) Details about the Lead Banker and the member should be filled separately.

Sl.No. Name of Share Address Telephone Fax E-Mail Name of the Attachment the of No. No. contact Member Loan person with (Rs. In designation Crore)

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1. SCHEDULE OF RATES (SOR) (Part B)

Sl.No Description Bidder Response

1.0 Currency INR 2.0 Quantum of Loan offered (Total of Consortium, if applicable) (in Rs.Crores) 3.0 Interest Rate 3.1 MCLR of Banks/ AAA Bond Rate /G-Sec rate(long term) (in %) 3.2 Fixed Spread (in %) 4.0 Net Rate of Interest (Sum of 3.1 and 3.2) (in %) 5.0 One Time Fee : Legal Fees (Actual subject to max of Rs.1.5 Lakh) (in Rs.) 6.0 Documentary evidence for Interest rate (above 3.1) to be attached by the bidder

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