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
“Non-Natural Force
Majeure Event”
“Normative
Availability”
“Notice to Proceed” or
“NTP”
[to be inserted only in
case of long term
procurement]
shall have the meaning ascribed thereto in Article 9.3 of this
Agreement;
shall mean …………. percent (……….%) 7 [Insert in both words and
figures respectively, in line with Clause 4.4 of the Bidding
Guidelines] Availability of the Aggregate Contracted Capacity at the
Interconnection Point on Contract Year basis.
shall mean the date on which the [Insert “Seller” if Seller is NOT a
Trading Licensee, or “Developer” if Seller is a Trading Licensee]
shall fulfill the conditions as contained in Article 3.1.1 of this
Agreement in accordance with the provisions of this Agreement;
"Operating Period"; shall mean the period commencing from the Delivery Date, until the
Expiry Date or date of earlier termination of this Agreement in
accordance with Article 2 of this Agreement;
“Parent Company” or
“Parent”
shall mean a company that holds at least twenty six percent (26%) of
the paid-up equity capital directly or indirectly in the Seller or in the
Member, as the case may be;
"Party" and "Parties" shall have the meaning ascribed thereto in the recital to this
Agreement;
“Payment Mechanism” shall have the meaning ascribed thereto in Article 8.4 of this
Agreement;
“Power Station”
“Power Station’s Net
Capacity”
shall mean the …. [Insert name of generation source specified by the
Successful Bidder in its Bid] power generation facility of installed
capacity of ………..[Insert capacity ] MW, located at …………….
[Insert name of the place] in …. [Insert name of the District and
State];
This includes all units and auxiliaries such as associated Fuel
handling, treatment or storage facilities; water supply, treatment or
storage facilities; the ash disposal system including ash dyke [if
applicable]; bay/s for transmission system in the switchyard, dam,
intake, water conductor system [if applicable] , and all the other
assets, buildings/structures, equipments, plant and machinery,
facilities and related assets required for the efficient and economic
operation of the power generation facility;
whether completed or at any stage of development and construction
or intended to be developed and constructed for the purpose of
supply of power as per this Agreement;
shall mean [………] MW, being Installed Capacity of the Power
Station measured at the bus-bar, reduced by the normative auxiliary
power consumption as prescribed by CERC from time to time;
7 This shall be aligned to the level specified in the tariff regulations of the Central Electricity Regulatory
Commission (CERC) and the Bidding Guidelines prevailing at the time of the bid process.
…….[Insert name of Procurer(s)] 13