MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED E AUCTION NO. (33)

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1 UNDER INSTRUCTIONS OF THE The Chief Engineer (O&M) FOR AND ON BEHALF OF MAHARASHTRA STATE POWER GENERATION COMPANY LIMITED E AUCTION NO. (33) E-auction on 12 th November, 2013 Between 10:00 Hrs. to 15:00 Hrs. (With provision of Automatic System Extension up to 16:00 Hrs) On A Portal Of For Inspection Plant & Machinery of Unit 1 to 4 At GTPS Uran, available for inspection on to The Chief Engineer (O&M), GTPS Uran, Bokadvira, Uran Dist: Raigad. Pin ASHVIN & CO. (AUCTIONEERS) Br. O.: B/314, Shyam Kamal CHS, Agarwal Market, Vile Parle (E), Mumbai Tel: Tel.Fax M: / Note: Submit the Demand Draft along with declaration form either by courier or hand delivery should reach before 5:00 PM on to Ashvin & Co. (Please note the Demand Draft may not be accepted after that period)

2 Maharashtra State Power Generation Company Ltd. Prakashgad, 2 nd Floor, Anant Kanekar Marg, Bandra (E), Mumbai Tel: / , Fax: cgmtores@mahagenco.in / gmsmdharavi@mahagenco.in ONLINE AUCTION SALE On-line Auction platform and Support Services Provided By: Ashvin & co B/314, Shyamkamal chs Agarwal Market,Vile-Parle (E),Mumbai -57 E Mail: ashvinauction@yahoo.co.in Please visit before bidding for additional information. Ashvin & co. is an authorized e- commerce service provider for MSPGCL to obtain rates on-line through its portal The sale and purchase are directly made by the Seller and buyer/s (Bidder/s). MSPGCL will sell Plant & Machinery lying at their locations in Maharashtra through On-line Auction subject to terms and conditions annexed hereto and as per schedule of programme given below. Schedule of Programme:- Inspection of Materials to (During Working Hours on working days) On-Line Auction EMD Details Venue of Inspection and Contact Person 12 th November, Time: 10 am to 3 pm (with provision of automatic system extension up to 16:00 hours) Refer the List for EMD Details. DD / PO favoring " M/s.Maharashtra State Power Generation Co. Ltd" Payable at Uran / Mumbai" M/s. MSPGCL. Address of Site: Chief Engineer (O & M), Office of the Chief Engineer (O&M), GTPS Uran, Bokadvira, Uran Dist: Raigad. Pin Tel: cegtpsuran@mahagenco.in Contact details: 1) Shri. S.P. Vijaykar, Dy. Chief Engineer (SM), MAHAGENCO, HDIL Towers, A Wing, 3 rd Floor, A.K. Marg, Bandra (E), Mumbai 51. Phone No: , , Mob. No Fax No.: gmsmdharavi@mahagenco.in, gmsmdharavi@gmail.com 2) Shri. R.B. Tadkalkar, Dy. E.E., Mob )Chief Engineer (O&M), Office of the Chief Engineer (O&M), GTPS Uran, Bokadvira, Uran Dist: Raigad. Pin Tel: cegtpsuran@mahagenco.in ashvinauction@yahoo.co.in Ashvin & co. Mumbai Office Mr. Julian/Mr. Ashvin Help desk: Fax: M: / ashvinauction@yahoo.co.in/info@ashvinauctione ers.com

3 e-auction for sale of GTPS Uran unit No. 1,2,3 & Scope & Brief History:- Annexure I Maharashtra State Power Generation Company Limited (MAHAGENCO) is incorporated as Limited Company under the Company Act-1956 after tri-furcation of Maharashtra State Electricity Board. It has 852 MW Capacity Gas Turbine Power Plant at Uran, Dist Raigad (Maharashtra State) which is situated approx. 65 km from Mumbai. The Generation from unit 1,2,3 &4 of 60 MW each capacity is stopped due to retirement of these units. This specification invites competitive offers for purchase of Unit 1,2,3 & 4 Gas Units. The units basically comprise Air Filtration System, Air Compressor System, Combustion System, Gas Turbine System & Exhaust System etc. manufactured by Siemens AG, Germany. Brief Technical Details of Plant. Gas Power Station Uran was established in the year 1982 with installed capacity of 240 MW consisting of 4 X 60 MW G.T. units. The fuel required for these units is Natural Gas which is supplied by ONGC from Bombay High through underground pipelines. The fuel consumption for 60 MW unit is approx Kg / Sec. per unit. Contd

4 ANNEXURE - II CONDITIONS OF E-AUCTION SALE 1. Four Numbers of 60 MW Gas Unit alongwith associated equipment except Generator Transformers, Aux. Transformers and Station Transformers of Maharashtra State Power Generation Co.Ltd., Uran Gas Thermal Power Station are available for sale. (Bidders are requested to go through the list of equipment s / plant auxiliaries which are included and excluded from the sale) The bidder may inspect these sets, if desired, in prevailing condition. 2. The material as per the list declared on the Auctioneer s website shall be disposed off by way of e-auction through the Auctioneer s website. 3. The Sets and all other material shall be disposed off on as is where is basis. The materials shall be taken from the site of installation or storage with the faults and errors in description or otherwise, quality, capacity, measurements, etc. The particulars as stated in the specifications and drawing are only for guidance. The set and all other material shall be sold on the assumption that the purchaser / bidder has inspected the same even if in actuality he or his representatives may not have inspected the same. No other associated materials than mentioned in the tender specification shall be sold even if it may be desirable to be disposed off to make the entire plant reworkable at a new site. 4. The prospective bidders may inspect the unit / material offered for e-auction sale from to prior to the actual date of e-auction sale during working hours, at the site where the material is located. The bidders shall satisfy themselves about condition, quality, quantity, measurement etc. of the unit / spares which they intend to purchase. No complaints shall be entertained regarding description, quantity, quality, size, measurement, number and weight of the unit / spares as the information given in the annexure is approximate and no warranty or guarantee shall be implied. unit and spares shall be sold on AS IS WHERE IS BASIS and on the assumption that the bidders have inspected the unit / spares and know what they are buying, irrespective of whether the bidders have inspected the unit / spares prior to e-auction sale or not; the principal of CAVEAT EMPTOR shall apply. Error in the description/ quantity/ quality/ measurement/ utility/ number/ weight/ condition etc. of the material as given in the catalogue/ list published on the Auctioneer s website shall not form a cause to the bidder to complain or to avoid completed sale or bid. 5. For participation in the e-auction, the prospective bidders shall register themselves with the Auctioneer s website. Only registered bidders can participate in the e-auction by paying Rs /- (Non Refundable) as registration fee. This registration fees should be paid by D.D. bearing Maharashtra State Power Generation Co. Ltd., payable at Uran / Mumbai. The purchasers / bidders must deposit Rs.8.00 Lakhs as Earnest Money by Demand Draft drawn on any scheduled Bank / Nationalized Bank in Uran / Mumbai in favour of the Maharashtra State Power Generation Co.Ltd. If, the successful bidder desires, the EMD will be adjusted in Security Deposit and for the unsuccessful bidders EMD will be returned immediately by Auctioneer. 6. On completion of e-auction proceedings & after receipt of e-auction statement from the Auctioneer, the MSPGCL auction committee shall submit the report to H.O. for approval from the Board of Directors, MAHAGENCO for the decision in respect of acceptance or rejection of bids. Further the EMD of only highest bidder will be deposited with MAHAGENCO and no interest will be paid. If the Board of Directors rejects the offer of highest bid, the EMD will be refunded without any interest. The MSPGCL shall not be bound to assign any reason for such acceptance or rejection of bids. 7. After completion of e-auction, the Auctioneer shall immediately hand over the EMD of highest bidder to the Chief Engineer (O&M), Uran / Mumbai. The amount of EMD can be

5 adjusted against the payment towards security deposit if the bidder desires so. However, EMD of the unsuccessful bidders in the e-auction shall be refunded immediately by the Auctioneer. 8. On approval from Board of Directors, MAHAGENCO & receipt of Board Resolution, the Chief Engineer (O&M), GTPS, Uran shall issue Sale Intimation Letter & sale order to the successful bidder under intimation to the Auctioneers. 9. The successful bidders shall have to pay Rs.10 Lakhs as security deposit by DD/RTGS/BG of Nationalised Bank to the Chief Engineer (O&M), Uran within 7 calendar days from the date of sale intimation letter. 10. The successful bidder shall furnish declaration in the following proforma to MSPGCL immediately after receipt of Sale Intimation Letter. I/ We hereby declare that I/ We have purchased the Lot (Unit No. 1 to 4 combined) at Uran (location of material) for Rs. (Rupees ) in the e-auction held on (Date). I/ We agree to complete the transaction of purchase in terms and conditions prescribed for the e-auction within the respective periods stipulated therein for carrying out our obligations. SIGNATURE OF THE PURCHASER 11. If the Security Deposit is not paid within the specified period, MAHAGENCO at its option may extend the time for payment of Security Deposit or forfeit the Earnest Money Deposit paid and to treat the acceptance of the offer as cancelled and further course of action as deemed fit. 12. On receipt of security deposit from the successful bidder / buyer within the stipulated period, the Chief Engineer (Gen-O&M), Uran shall issue Sale Order to the buyer under intimation to the Auctioneer immediately. The buyer shall have to pay the full payment (along with statutory taxes & duties and corresponding declarations, if applicable) as per terms of payment. The Security Deposit will be refunded after completion of contract. 13. TERMS OF PAYMENT:- 100% payment within 30 calendar days from date of sale order (excluding the date of sale order). 14. SECURITY DEPOSIT:- The successful bidders shall have to pay Rs.10 Lakhs as security deposit by DD/RTGS/BG of Nationalised Bank to the Chief Engineer (O&M), Uran within 7 calendar days from the date of sale intimation letter. Rs Lakhs Security Deposit is to be taken on account of safety of MAHAGENCO s property during the execution of order. The S.D. will be refunded after completion of order. MAHAGENCO shall handover the plant & equipment for dismantling / delivery only after it receives 100% payment and only there after delivery will be effected. The payment will have to be made by demand draft in favour of Maharashtra State Power Generation Company Limited, payable at Uran or through RTGS 15. PENALTY FOR DELAY IN PAYMENT:- If the purchaser fails to make full payment of the purchase value by the stipulated date, the purchaser shall have to make a payment of penalty at the rate of 0.1% (decimal one percent) of the balance purchase value per day of default up to 30 days. 16. FAILURE TO MAKE PAYMENT:- In case of failure to pay total amount within specified period, unless the period is extended by the competent authority of MAHAGENCO viz Managing Director, the sale order of such item shall be cancelled and no claim, their after shall be entertained.

6 Security deposit paid shall be forfeited and the units shall be resold as and when MAHAGENCO thinks best. 17. DELIVERY PERIOD:- After making the payment within the prescribed period the material shall be removed as under:- The delivery period for above units / equipment s and spares will be 270 calendar days from the date of the e-auction. 18. On receipt of full payments (along with statutory taxes & duties and corresponding declarations, if applicable) from the buyers the Chief Engineer (Gen-O&M), Uran shall issue receipts to the buyers. On production of receipts for all the payments made by him against the particular lot i.e. Unit No. 1 to 4, the Chief Engineer (Gen-O&M), Uran shall arrange Delivery Order & Gate Pass to the buyer under intimation to the auctioneer immediately. 19. The deliveries shall be made on as is where is basis. 20. The buyers shall produce the authorisation/ identification letter issued by the Auctioneer while depositing amounts of security deposits. 21. After effecting full payment, if the buyer fails to take delivery of material within the stipulated period of 270 calendar days (or as stipulated otherwise), the buyer shall be treated as defaulter and shall have no claim over the sold units thereafter. The Chief Engineer (Gen-O&M), Uran shall cancel/ terminate the sale order and delivery order issued to him and shall forfeit the amount of security deposit and balance payment paid by him, under intimation to him and the auctioneer. However, if the Managing Director, MAHAGENCO approves the delivery of material after 270 days from the date of sale order, the GRC at the rate of Rs.20,000/- per day limited to 90 days will be charged (provided the bidder applies for extension before completion of 270 days on valid grounds or reasons thereof). 22. However, beyond these extended 90 days the Managing Director shall be Competent Authority to further extend the delivery period if the bidder have valid grounds or reasons thereof subject to levy of GRC at the rate of Rs. 30,000/- per day for the delayed period. 23. If the last day of the stipulated dates for payments/ deliveries happen to be a holiday/ weekly off, the payments/ deliveries shall be allowed on the next working day. 24. On submission of copy of the Delivery Order & Gate Pass, the Chief Engineer (O&M), Uran shall issue Tax Invoices to the buyers. 25. The Chief Engineer (O&M), Uran shall deposit the amounts collected from the buyers towards statutory taxes & duties to the respective authorities. 26. The delivery will be made only during the working hours on working days after giving advance intimation to the concerned site Engineer. The purchaser will make his own arrangement for dismantling, conserving, packing, loading, unloading and transporting of individual packages. Accommodation will be provided subject to availability for one/two purchaser s Engineers/Supervisors only on chargeable basis. The purchaser will not be entitled to claim any facility or assistance from the MAHAGENCO except. (a) Space for storage within the MAHAGENCO premises, but not outside the Power Station premises. (b) Open land for camping. (c) Single phase Electricity supply at two or three points for lighting. Electricity supply to the purchaser s welding transformer shall be provided at the plant operating floor level. Electricity power shall be supplied free of cost. (d) Water will be supplied free of charges by providing one water tap point. facility at (a), (b), (c) & (d) above will be free of cost. The purchaser may make use of the MAHAGENCO s roads and approaches etc.

7 27. Statutory Taxes & Duties: The buyer shall be responsible to pay all the statutory taxes & duties at prevailing rate as declared by the respective State/ Central Government Authorities due in respect of this sale. If the buyer claims exemption/ concession in the statutory taxes, he shall furnish the necessary declaration in that respect directly with Government. The buyer shall have to pay the Sales tax/vat on sale price for the purchased lot i.e. units. However, statutory taxes & duties shall be paid by the buyer at the rates applicable at the time of delivery. At present applicable VAT for sale of units is 12.5%. 28. Receipt Towards Payment Mode : For all the payments received from successful bidders/ buyers, the Chief Engineer (O&M), Uran shall issue formal receipts to them. The buyers shall produce these receipts for verification as and when called upon to do so. In case of the payments made by demand drafts / RTGS, the receipts will be issued to the buyer after realization of the same. In case the successful bidder/ buyer makes the payment by Demand Draft on last day of stipulated period, the time taken for realization of Demand Draft will be considered and condoned by MSPGCL and no penalty for that period, will be levied on the buyer. 29. Conditions of Delivery: Loading and delivery will be permitted only during working hours of the Power Station. The buyer shall remove the material corresponding to the lot purchased from the site of storage within the stipulated period as specified in the Sale Order. The buyer shall make his own arrangement for cutting/ loading/ transport. The buyer shall not be entitled to claim any facilities/ assistance/ transport from MSPGCL. If the buyer wish to take delivery of the items purchased through his representative, he shall authorize his representative by a Letter of Authority which shall be presented to the Chief Engineer (O&M), Uran. Delivery of respective units (lot) shall be deemed to have completed only after issue of No Objection/ No Due/ Completion Certificate from the Chief Engineer (O&M), Uran. 30. Buyer have to demolish and remove the equipment s / foundations up to ground level. 31. Dismantling of plant, removal and sweeping of debris/waste arising out of dismantling shall be carried out simultaneously by buyer. 32. Stacking and removal of dismantled material should be in a manner so as not to disturb the normal working. 33. Buyer have to declare the names of their authorized representative, supervisors and working force and make available register at site bearing their names, photos, designations, rate of pay, permanent and local address, phone No. etc. with their authorized site in charge. 34. The entry of employees of Buyers shall be regulated through the valid gate passes issued by the Security Officer of MSPGCL on the recommendation of the Engineer In-charge at site, All rules enforced from time to time in this respect shall have to be followed by Buyer. 35. The Buyer shall not deploy labourer less than 18 years of age for any of work.

8 36. Gas cutting work to be carried out in the course of dismantling work etc. will be allowed only under the supervision of the Buyer s supervisory personnel who will ensure that all safety precautions have been taken including those for prevention of fire in and around the area. 37. SECURITY OF SOLD EQUIPMENT: Buyer have to make own arrangement for the security of materials sold. Buyer is allowed to post Security Guards round the clock and the names of the Security Guards will have to be made available to MSPGCL so that Gate Passes may be issued to them. MSPGCL will neither be responsible for any loss / theft of material sold to buyer nor entertain any complaint on this account of whatsoever nature. Buyer will be responsible for safe custody of their tools, tackles and other materials. 38. In the event of any material being found to be deficient in quantity, quality, size, measurement, number and weight or description from those stated in the list published on the website, the buyer shall have no claim against MSPGCL or the Auctioneer nor shall the purchaser be entitled to seek any annulment of sale or claim for loss of profit, interest, damage or any other ground and he shall be bound to remove the same from the site as good purchased by him. 39. The buyer shall be responsible for any damages that may be cause to the premises of MSPGCL while dismantling, storage or removal of the lot(s) purchased by him and before removing such lots or items from MSPGCL premises, the buyer shall be liable to pay the amount of damages assessed by MSPGCL in this regard. 40. The buyers shall abide by and will be responsible to follow all the Labour Laws in respect of persons engaged by them. MSPGCL shall not be responsible for any claims raised by their personnel in respect of the e-auctions. The safety statutory measure shall be applicable during entire contract period. 41. Sale Orders and Delivery Challans shall be made in the name of actual buyer only and no re-sale shall be permitted. 42. All the judicial proceedings, if any, in respect of any dispute(s) arising out of the e-auction shall be subject to the jurisdiction of Mumbai. Court. 43. The purchaser shall insure the plant and equipment, his personnel and take cover for third party risk if thought essential by him or if required by statutory regulations. Also necessary clearance from the statutory authority, if required, shall be obtained by the purchaser. The MAHAGENCO will not be called upon to bear any responsibility in this regard. The purchaser shall agree to keep MSPGCL harmless and indemnified from and against all costs and expenses incurred and all losses and damages suffered by MSPGCL due to or as a result of any misrepresentation or fraud on the part of Auctioneer and/ or his employees or agents. 44. In case of any accident during the contract period, in the premises of Maharashtra State Power Generation Co. Ltd., the amount of compensation payable to the affected person/his family shall be assessed Statutory Authority and payable by the purchaser. 45. In case of damages to any equipment or property which is not covered in the contract, the amount of compensation as assessed by the MAHAGENCO s Authority shall be final and shall be payable by the purchaser.

9 46. The cables, which are connected with the equipments will be allowed under the sale, however underground cables will not be permitted, the site in-charge shall be consulted before disconnecting the cables. 47. Authority for acting on behalf of original purchaser shall be given in writing to his representative on Notary, which shall be presented to the Site Engineer before commencing any operation. 48. In respect of any dispute for execution of contract that may arise during contract period, the decision of Chief Engineer (O&M), Uran shall be final. 49. Whenever any claims for the payment of sum of money arises out of or under this sale against the purchaser, MAHAGENCO shall without prejudice to any other remedy, be entitled to deduct such sum of money from the proceeds of sale under this contract or from any sum then due or which at any time thereafter may become due to the purchaser under this or any other Contract with MAHAGENCO and if sufficient amount is not due to purchaser to cover the full amount recoverable from him, the purchaser shall pay to MAHAGENCO on demand the balance remaining dues. 50. It will be the sole responsibility of purchaser, for any type of accident occurred during the disposal/ decommissioning / dismantling / transporting of the Unit No.1 to The terminal points for dismantling during disposal of Unit No.1 to 4 will be finalized by Chief Engineer (O&M), Uran. 52. All safety precautions are to be taken by Purchaser & use of Personal Protective Equipments (PPE s) will be mandatory while dismantling during disposal of units. 53. It will be the sole responsibility of purchaser for any mishap/ theft in connection with the allotted material & premises where the disposal units are situated. Chief Engineer (O&M)