Overview

Request for Proposal (Electronic Tender) For “Appointment of Valuer for Asset valuation of 2X350 MW Coal based Thermal Power Project of M/s Ind Barath Energy Utkal Ltd in Odisha

Power Finance Corporation Ltd., a Govt, of India Undertaking under the Administrative Control of Ministry of Power invites e-bids for “Appointment of Valuer for Asset valuation of 2X350 MW Coal based thermal Power Project of M/s Ind Barath Energy Utkal Ltd in Jharsuguda, Odisha (Loan No. 11401001/2/3/4)” at Regd. Office at “Urjanidhi”, 1 Barakhamba Lane, Connaught Place, New Delhi – 110 001.

We are pleased to inform you that your organization has been empaneled for carrying out valuation of assets for the identified power project(s). Power Finance Corporation Limited (PFC) has sanctioned Rupee Term Loan of Rs. 1678.8 crore vide sanction letter dated 06/01/10, 01/03/12, 17/06/14 and 07/09/16 to M/s Ind Barath Energy Utkal Ltd for setting up the subject project to be built at an estimated cost of Rs. 4796.74 crore with financial assistance of PFC and other Lenders. PFC as the Lead Financial Institution intends to appoint the Valuers for the subject project.

The Valuer shall undertake the assignment on behalf of PFC on the terms and conditions given in Bid Document enclosed as Annexure-A. The Scope of Work and time to complete the Valuation assignment of this project is also indicated in the bid documents.

Interested firms desirous of being engaged as Valuers for the subject project, may submit their e-offer for the same on TCIL’s website in line with Para 10 of bid document quoting the lump sum fees inclusive of Travelling, lodging & boarding expenses, TA/DA (for visits to the project site as well as Delhi), out of pocket expenses viz. Photostat, typing, printing, fax etc., but exclusive of GST (basis for award of assignment), to carry out the entire work and complete the assignment as per Scope of Work.

  1. ELIGIBILITY CRITERIA:

The valuation should be done by professionally qualified independent Valuers. All Valuers to be appointed by PFC must act with independence, integrity and objectivity. They will undertake all valuation works without being influenced by anybody. The Bidder should meet out the following eligibility criteria:

  • The Valuers should be a registered statutory bodies of Engineers / Chartered Accountant / Cost Accountant, etc. having at least 3 years of experience.
  • The Valuer must have a professionally qualified team to carry out valuation of assets. At least one member of the team should be associated with any of the professional bodies such as – Institution of Valuers, Institution of Surveyors, Institution of Govt. Approved Valuers, practicing Valuers association of India, Indian institute of Valuers, Centre of valuation studies, Royal Institute of chartered Surveyors, etc.
  • In case of firms, in addition to (ii) above, at least one partner should be associated with any of the professional bodies such as – Institution of Valuers, Institution of Surveyors, Institution of Govt. Approved Valuers, practicing Valuers association of India, Indian institute of Valuers, Centre of valuation studies, Royal Institute of chartered Surveyors, etc.
  • The intending Valuer should have the experience of conducting valuation of assets /securities on behalf of the Government Departments/Public Sector Banks, etc.
  • An undertaking shall be obtained from the Valuer before appointment that the Valuer/company/ individual/ partnership is not blacklisted, no investigation is pending and no court case is pending against it.
  • The valuer shall not have carried out previous valuation of the subject asset for PFC.
  • Bidders should have completed valuation of assets of at least one coal based thermal power generation plant with unit size of at least 175 MW or more in the last ten financial years (2006-07 onwards).
  • Bidder should furnish the documentary evidences in support of above eligibility criteria.

Bid Submission End Date 06-Nov-2017 03:00 PM

For details click below⇓

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