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

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Standard RFP for ….[Insert ‘medium’ or ‘long’, as applicable] term power procurement under Case - 1 “Quoted Escalable Inland Transportation Charges” shall mean the charges as quoted by the Bidder in column no. 11 of its Financial Bid as per Format 4.10 of this RFP (applicable as per Clause 2.4.1.1(B)(ix) of this RFP); “Quoted Escalable Overseas Transportation Charges” shall mean the charges as quoted by the Bidder in column no. 13 of its Financial Bid as per Format 4.10 of this RFP (applicable as per Clause 2.4.1.1(B)(ix) of this RFP); “Quoted Non Escalable Capacity Charges” shall mean the charges as quoted by the Bidder in column no. 4 of its Financial Bid as per Format 4.10 of this RFP; “Quoted Non Escalable Energy Charges” shall mean the charges as quoted by the Bidder in column no. 6 or column no. 8 of its Financial Bid as per Format 4.10 of this RFP(applicable as per Clause 2.4.1.1(B)(ix) of this RFP); “Quoted Non Escalable Fuel Handling Charges” shall mean the charges as quoted by the Bidder in column no. 14 of its Financial Bid as per Format 4.10 of this RFP(applicable as per Clause 2.4.1.1(B)(ix) of this RFP); “Quoted Non Escalable Inland Transportation Charges” shall mean the charges as quoted by the Bidder in column no. 10 of its Financial Bid as per Format 4.10 of this RFP(applicable as per Clause 2.4.1.1(B)(ix) of this RFP); “Quoted Non Escalable Overseas Transportation Charges” shall mean the charges as quoted by the Bidder in column no. 12 of its Financial Bid as per Format 4.10 of this RFP(applicable as per Clause 2.4.1.1(B)(ix) of this RFP); “Quoted Tariff” shall mean the sum total of Quoted Capacity Charges and Quoted Energy Charges, as applicable, quoted by the Bidder as per the prescribed Format 4.10 and shall be construed to be at the Interconnection Point as mentioned in its Bid; “Requisitioned Capacity” means the total aggregate power of ……….. [To be inserted by Procurer/Authorized Representative] MW proposed to be contracted by the Procurer(s) with the Successful Bidder(s) through this bidding process for supply at the Delivery Point for the term of the PPA as per the terms and conditions specified therein; “RFP” shall mean this Request for Proposal dated …………… [To be inserted by Procurer/Authorized Representative] along with all formats and RFP Documents attached hereto and shall include any modifications, amendments alterations or clarifications thereto; “RFP Documents” shall mean the following documents to be entered into by the parties to the respective agreements in connection with the supply of power: a) PPA; b) Default Escrow Agreement; c) Agreement to Hypothecate-cum-deed of Hypothecation; and d) any other agreements designated as such, from time to time by the Procurer/Authorized Representative; ………..[Insert name of Procurer / Authorized Representative ] Page 12
Standard RFP for ….[Insert ‘medium’ or ‘long’, as applicable] term power procurement under Case - 1 “Scheduled Delivery Date” shall mean ……………. [Date to be inserted] on which the Seller is required to start delivering the power at the Delivery Point as per the terms and conditions of the PPA; [Note: In case of Requisitioned Capacity being equal to or greater than 500 MW, the the Procurer/Authorised Representative shall have the option to decide the Scheduled Delivery Date which shall not be less than four (4) years from the Effective Date. For Requisitioned Capacity less than 500 MW, the Scheduled Delivery Date shall be decided by the Procurer/ Authorized Representative. However, the Scheduled Delivery Date can be preponed on mutual consent of the Seller and the Procurer(s).] [Insert this definition, if applicable] “Seasonal Load” shall mean the requirement of power as specified by the Procurer/Authorized Representative at Sr. No. 4 of Clause 1.3.1 of this RFP; “Seller” shall mean the Successful Bidder/or the Project Company, as the case may be who submit the Contract Performance Guarantee and executes the PPA and other RFP Documents with the Procurer(s) and who shall be responsible for supplying power to the Procurer(s) at the Delivery Point for the term of the PPA as per the terms and conditions specified therein; “SERC” shall mean the State Electricity Regulatory Commission of any state in India constituted under Section-82 of the Electricity Act, 2003 or its successors, and includes a Joint Commission constituted under sub-section (1) of Section 83 of the Electricity Act 2003; “Statutory Auditor” shall mean the auditor of a Company appointed under the provisions of the Companies Act, 1956 or under the provisions of any other applicable governing law; “STU” or “State Transmission Utility” shall mean the board or the government company specified as such by the State Government under sub-section (1) of Section 39 of the Act; “STU Interface(s)” shall mean the point(s) at which the CTU network is connected to the intrastate transmission system of the Procurer(s)’s State(s), and at which the Procurer(s) agree to receive power up to the Requisitioned Capacity; For generation source in the same state as that of the Procurer(s), the STU Interface shall be the bus-bar of the generating station from which power is contracted to be supplied, at an appropriate voltage level as specified by the STU. “Successful Bidder(s)” shall mean the Bidder(s) selected by the Procurer/ Authorized Representative, as applicable] pursuant to this RFP for supply of power by itself or through the Project Company as per the terms of the RFP Documents, and to whom a Letter of Intent has been issued; “Tariff” shall mean the tariff as computed in accordance with Schedule 4 of the PPA; “Trading Licensee” shall mean the Bidder which is an Electricity Trader and submits its Bid on the basis of an exclusive power purchase agreement executed with the entity developing the generation source from where the power is proposed to be supplied by the Bidder; “Ultimate Parent Company” shall mean a company which directly or indirectly owns at least twenty six percent (26%) paid up equity capital in the Bidding Company or Member of a ………..[Insert name of Procurer / Authorized Representative ] Page 13
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Page 4 and 5: (ii) For hydro-power projects, load
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Notes: Standard RFP for ….[Insert
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This Consortium Agreement Standard
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4.7 Format of Undertaking (A) Bidde
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4.9 Format for Bid Bond Standard RF
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Name and address Standard RFP for
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Contr act Year Commenc ement Date o
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STANDARD POWER PURCHASE AGREEMENT F
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Guidelines for determination of tariff & SBD for ... - Ministry of Power

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