Guidelines for determination of tariff & SBD for ... - Ministry of Power

Standard PPA for … [Insert ‘medium’ or ‘long’, as applicable] term power procurement under Case -1
Capacity (as defined hereunder) of ……………. [To be filled in based on Selected
Bid] MW, in accordance with the terms of this Agreement.
C. The ……… [Insert as applicable “Successful Bidder on behalf of the Seller” or
“Seller”] has provided to the Procurer(s), Contract Performance Guarantee(s) as per
format specified in Schedule 9 of this Agreement.
D. [Insert if applicable] The Successful Bidder has incorporated the Project Company
by the name, …………………. [Insert Name of the Project Company] to execute
this Agreement and shall be construed as Seller for the purposes of this Agreement
and to undertake all the responsibilities and obligations of the Seller.
E. The Parties hereby agree to execute this Power Purchase Agreement setting out the
terms and conditions for the sale of power up to the Aggregate Contracted Capacity
by the Seller to the Procurer(s).
F. The Procurer(s) agree, on the terms and subject to the conditions of this Agreement,
to procure power up to the Aggregate Contracted Capacity and pay the Seller the
Tariff as determined in accordance with the terms of this Agreement.
G. The Procurer(s) have further agreed to make an application to the Appropriate
Commission for the adoption of the Tariff under Section 63 of the Electricity Act,
2003.
H. All the other RFP Documents have been executed by the Procurer(s) and the Seller
simultaneously with the signing of this Agreement.
I. [Insert in case of generation source of the Successful Bidder being in the same state
of the Procurer(s) or the Successful Bidder intends to connect the generation source
to the STU Interface through a dedicated transmission line] The Procurer(s) and the
Successful Bidder/Project Company have mutually agreed on the Delivery Point(s)
for supplying power to the Procurer(s) and have incorporated the same in Schedule 1
of this Agreement.
Now therefore, in consideration of the premises and mutual agreements, covenants and
conditions set forth herein, it is hereby agreed by and between the Parties as follows:
…….[Insert name of Procurer(s)] 4