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Earlier in July, SECI had issued a tender for setting up of 2 MW Solar PV power plant with 01 MW BESS at KAA, Himachal Pradesh.

 

The last date of bid submission is now extended till 12.11.2018 (14:00 Hrs). The tender said that any containerised battery technology can be used as long it is suitable for the location’s climatic conditions.

 

The tender said that the battery will be located at Rangreek, Kaza near Rong Tong Hydro Power Station, 12,000 feet in altitude. The annual temperature of the location ranges of -40°C to 30°C and area sees snow of up to six feet in winter months. The tender also mentioned that the battery must be designed for maximum flexibility with regard to site-specific voltages, frequency, phase imbalance, and protection requirements.

 

The scope of work includes the design, engineering, supply, construction, installation, testing, and commissioning of the projects. Apart from these, the successful bidder will also be responsible for 5 years of operations and maintenance (O&M) services. This would include the supply and storage of all mandatory spare parts, consumables, repairs and replacements of any defective equipment during the O&M period.

 

SECI released the NIT on behalf of Himachal Renewable Limited, a JV between SECI and Himachal Pradesh State Electricity Board (HPSEBL).

With the fast growth of the business, CHINT India is ready to move forward to the next step. CHINT India organised the “New Step Launching Ceremony” at Crown Plaza, Mayur Vihar. The new Indian market strategy and warehouse establishment was announced in the ceremony. CHINT’s Indian subsidiary has established in 2010. Along the years, CHINT India has offered integrated solutions to Indian valued customers like NTPC IBPIL and TATA Power, in several segments with product scope of LV, MV, HV, Automation, Solar and Power equipment.

On this occasion, Lily Zhang, Vice President, Chint India siad, “Thanks to everyone to be a part of this event and sharing your valuable & precious time with us. As we all know that Nowadays India is at the stage of fast-growing development,and for that Indian government has many plans to carry out like “smart city”, 5 industrial corridor projects across India. At the same time a growing number of world-renowned companies, such as IKEA and Wal-Mart, have also set foot in India, which demonstrates the potential of the Indian market. Based on the rich experience and technological reserve of urban construction in China, CHINT is willing and confident to copy this experience to India, helping India’s development and achieving win-win results. In CHINT’s strategy for the future, we are now came up with warehouse support to the customers for strengthen retail network and projects and later on will take India as its manufacturing and supply centre, product and marketing centre, after-sales and customer service centre.

In addition, CHINT has achieved several projects in the fields of power transmission and distribution, new energy and automation. Since 2008, India’s state power companies and private utilities have used CHINT’s power transformers from 6.9kv to 420KV; in 2017, there were another 2 220KV GIS used in GETCO power grid; TATA group, one of the biggest conglomerate, purchased 110KV 90MVA from CHINT. In the area of automation, CHINT has successfully supplied electro-hydraulic control systems and by-pass automation systems to 14 units of India’s Adani Power Company. In the field of new energy, by the end of 2017, CHINT, which is committed to environmental protection and energy saving, has been part of a total capacity of over 3500MW in solar power stations worldwide, and over 300MW solar projects in India..

CHINT founded in 1984. In 2015, CHINT Indian office set up in New Delhi, and local team are taking shape. CHINT Group has developed to be the leader in Chinese industrial electrical equipment production and clean energy fields. CHINT has a total asset of over USD 9.9 billion(roughly 61.5 billion RMB), has achieved sales revenue of US$9.7billion (60 billion RMB) in 2017 and has more than 30,000 employees. It covers the entire industrial chain of “generation, storage, transmission, transformation, distribution and use” of power equipment, and lays out urban rail transit, energy equipment manufacturing, new energy storage materials, energy Internet, investment and financing platforms and business incubators. Its products are sold well in many countries and regions in the world, and have entered the international main markets in Europe, Asia, Middle East and Africa.

RGSEPL, which is sponsored by Hero Solar Energy Private Limited (HSEPL), operates a 43MW solar project in Madhya Pradesh. It has signed a 25-year PPA with MPPMCL at tariff of INR5.46/kWh. The project was awarded through tariff-based competitive bidding and was fully commissioned ahead of the stipulated date in the PPA. The project was implemented in a debt/equity ratio of 80:20.

Mytrah had won the tender to setup two 15 MW projects in Telangana in Domakonda, Nizamabad Dist and Nagarkurnool, Mahaboobnagar Dist. respectively.Mytrah had won the tender to setup two 15 MW projects in Telangana in Domakonda, Nizamabad Dist and Nagarkurnool, Mahaboobnagar Dist. respectively.

TSSPDCL on behalf of TSDISCOMS floated tender for procurement of 2000 MW solar power through e-procurement platform as per the directions of the Energy Department, GoTS, Hyderabad.


In the tender process, Mytrah was a successful bidder through open competitive bidding process to setup the solar photovoltaic power project of 15 MW capacity in Nagarkurnool, Mahaboobnagar Dist. Thereafter, a Power Purchase Agreement (PPA) was executed on 23-02-2016. As per the PPA, the petitioner was to make solar photovoltaic power project operational within 12 months from the date of PPA and achieve the Commercial Operation Date (COD) by 22.02.2017.


In the other project of 15 MW capacity in Domakonda, Nizamabad Dist. Thereafter, the PPA was executed on 08-03-2016 and Mytrah was to make solar photovoltaic power project operational within 12 months from the date of PPA and achieve the Commercial Operation Date (COD) by 07.03.2017.


The reasons provided for delay included re-organisation of the districts and formation of new districts,  uncertainty in the offices of the revenue authorities regarding jurisdiction of villages, Mandals etc, change of circle rates which caused land owners to re-negotiate/renege on land sale agreements, shifting of revenue records, non-availability of contiguous land parcels because the land owners were unwilling to sell their lands for development of project. Further Sada Bainamas caused delay since the owners had these documents without any registered documents which needed regularisation.


The second major cause for delay is demonetization of high value currency by the central government, which resulted in shortage of cash and difficulties in bank transactions.

The third major cause for delay is unprecedented and incessant rains and massive storm from June 2017 to October 2017 which caused flooding of roads and also at project site which lead to stoppage of work, idling of labour and equipment, hampering the construction work.


It was also argued that module suppliers reneged on orders because of various factors like increase in internal targets by the State of China for 2017, reduction in antidumping duty by the European Union, exponential purchases by US based IPPs which forced the developers to either agree on increased rates and amend the LCs which resulted in increase in Capital cost or to look at alternative suppliers which resulted in further delays. Further, Customs authority in our country have been wrongly classifying SPV modules and charging taxes at 7.5% which also delayed release of SPV modules.


Due to these, a delay of 35 days and 371 days in commissioning of projects was accepted by the commission respectively.

Thukkapur Solar, who was the petitioner in the case, was a successful bidder through open competitive bidding process to setup the solar photovoltaic power project of 15 MW capacity near Thukkapur, Medak District, Telangana for sale to DISCOM. A delay of 241 days in achieving SCOD has been condoned and the invoking of performance bank guarantees by the respondent is set aside.

The TSSPDCL on behalf of TSDISCOMS floated tender for procurement of 2000 MW solar power through e-procurement platform as per the directions of the Energy Department, GoTS, Hyderabad. The Power Purchase Agreement (PPA) was executed on 29-02-2016 between the petitioner and the respondent. As per the PPA, the petitioner was to make solar photovoltaic power project operational within 12 months from the date of PPA at a tariff of Rs.5.7249 per unit.

After signing PPA, during July 2016 and March 2017, the petitioner was able to acquire land under various registered sale deeds. There was delay in land acquisition due to reorganisation of districts till the month of October 2016 and 2 months subsequently the construction of the project could not be started. Also, due to excessive rainfall there was delay in commissioning of the project.

The revenue officials engaged in the reorganisation of districts and were unavailable at the offices to support the land acquisition process. The project developer further pleaded demonetisation of high value currency as having impacted the project and caused delay. The petitioner requested the respondent not to encash the Performance Bank Guarantee (PBG). The developer had hence sought extension of SCOD by 241 days.

The Government of Telangana, Energy Department had given an extension of SCOD up to 30-06-2017 to the solar power projects in the state, who have concluded PPAs with TSDISCOMs without any penalty by following all the technical requirements under CEA and TSTRANSCO guidelines which was later extended to up to 31.10.2017.

The Commission did not accede to the request of the DISCOM and instead took a view that individual case has to be examined as to why extension is required based on the merits.

The Solar Energy Corporation of India (SECI) has given a seventh extension to the largest floating solar power tender in India of 150 MW (50MW X 3).

Here is the link to the tender document which was issued in April this year. http://seci.co.in/web-data/docs/tenders/RfS_150MW%20Floating%20Solar_Rihand%20Dam.pdf 

 

The tender has been floated by SECI, on behalf of Uttar Pradesh Power Corporation Limited (UPPCL) which will sign the power purchase agreement with the project developers.

The agency has been forced to given such repeated extension due to the uncertainty associated with such projects, and the safeguards duty issue that played out over the last few months.

Here are some of the clauses which have been amended.

Original Clause 1: SECI shall enter into PPAs with successful bidder(s) for a period of 25 yearsSECI shall enter into PPAs with successful bidder(s) for a period of 25 yearsfrom the date as per the provisions of PPA. The maximum tariff payable to theProject Developer including safeguard duty notified vide Ministry of Finance,Govt. of India notification no. 01/2018-Customs (SG) dated 30.07.2018 on solarcells and modules is fixed at INR 3.32/ kWh for 25 years [including waterbodylease charges @ INR 0.05 (Five Paise) per kWh and dismantling charges @INR 0.02 (Two Paise) per kWh]. This tariff is fixed with the condition that if later itis found that no safeguard duty notified vide Ministry of Finance, Govt. of Indianotification no. 01/2018-Customs (SG) dated 30.07.2018 on solar cells andmodules has been paid by the successful bidder/ developer on the modulesused in this project, then the bid tariff will be reduced by INR 0.18/ kWh. For thepurpose of such bids no pass through benefit would be available to thesuccessful bidder/ developer. The Bidders will be free to avail fiscal incentiveslike Accelerated Depreciation, Concessional Customs and Excise Duties, TaxHolidays etc. as available for such projects. The same will not have any bearingon comparison of bids for selection. As equal opportunity is being provided to allbidders at the time of tendering itself, it is up to the Bidders to avail various taxand other benefits. No claim shall arise on SECI for any liability if Bidders are notable to avail fiscal incentives and this will not have any bearing on the applicabletariff.

Amended Clause 1: SECI shall enter into PPAs with successful bidder(s) for a period of 25 yearsSECI shall enter into PPAs with successful bidder(s) for a period of 25 yearsfrom the date as per the provisions of PPA. The maximum tariff payable to theProject Developer is fixed at INR 3.32/ kWh for 25 years [including waterbodylease charges @ INR 0.05 (Five Paise) per kWh and dismantling charges @INR 0.02 (Two Paise) per kWh payable by the SPD to UPJVNL directly]. TheBidders will be free to avail fiscal incentives like Accelerated Depreciation,Concessional Customs and Excise Duties, Tax Holidays etc. as available forsuch projects. The same will not have any bearing on comparison of bids forselection. As equal opportunity is being provided to all bidders at the time oftendering itself, it is up to the Bidders to avail various tax and other benefits. Noclaim shall arise on SECI for any liability if Bidders are not able to avail fiscalincentives and this will not have any bearing on the applicable tariff.The related clauses elsewhere mentioned in the RfS shall beinterpreted accordingly.

Original Clause 2: The SPD has to get the required tranmission line constructed by Uttar PradeshThe SPD has to get the required tranmission line constructed by Uttar PradeshPower Transmission Corporation Limited (UPPTCL) on depository work basis.The approximate cost is mentioned below: -1. LILO of 132kV Anpara-Pipri at Bina Solar Plant (2 x 17KM) : INR 854.49 Lacs2. 132kV SC Line Bina S/s - Bina Solar Plant (03 KM) : INR 121.59 Lacs3. 132kV Feeder Bay at Bina S/s : INR 186.33 LacsTOTAL COST (APPROX.) : INR 1162.41 LacsThe SPD has to get the final cost from UPPTCL directly. SECI will bear noresponsibility in case of any variation on the above mentioned cost.

Amended Clause 2: The SPD has to get the required tranmission line constructed by Uttar PradeshThe SPD has to get the required tranmission line constructed by Uttar PradeshPower Transmission Corporation Limited (UPPTCL) on depository work basis.The approximate cost is mentioned below: -1. Package A (Connectivity at Anpara) : INR 427.245 Lacs2. Package B (Connectivity at Bina) : INR 307.92 Lacs3. Package C (Connectivity at Pipri) : INR 427.245 LacsTOTAL COST (APPROX.) : INR 1162.41 LacsThe SPD has to get the final cost from UPPTCL directly. SECI will bear noresponsibility in case of any variation on the above mentioned cost.

 

ORIGINAL PERFORMANCE BANK GUARANTEE (PBG) CLAUSE: Bidders selected by SECI based on this RfS shall submit Performance BankGuarantee for a value @ INR 11.25 Lakh/ MW/ Package within 30 days ofissuance of Letter of Intent (LoI) or before signing of PPA(S), whichever isearlier. It may be noted that successful Bidders shall submit the PerformanceBank Guarantee according to the Format 7.3 B for a value @ INR 11.25 Lakh/MW/ Package with an initial validity period from the date of submission of thePBG until 27 (Twenty Seven) Months from the Effective Date of the PPA. Onreceipt and after successful verification of the total Performance BankGuarantee in the acceptable form, the BG submitted towards EMD shall bereturned by SECI to the successful Bidder. Non submission of PBG within theabove timelines shall be treated as follows:a. Delay upto 01 month from due date of submission of PBG: Delay charges @1% of the PBG amount per month levied on per day basis shall be paid by theBidder to SECI in addition to the PBG amount.b. Delay beyond 01 month from the due date of submission of PBG: The BGagainst EMD submitted by the Bidder shall be encashed by SECI and theProject shall stand terminated.For the purpose of calculation of the above delay charges, ‘month’ shall beconsidered as a period of 30 days.

AMENDED PERFORMANCE BANK GUARANTEE (PBG) CLAUSE: Bidders selected by SECI based on this RfS shall submit Performance BankBidders selected by SECI based on this RfS shall submit Performance BankGuarantee for a value @ INR 11.25 Lakh/ MW/ Package within 90 days ofissuance of Letter of Intent (LoI) or before signing of PPA(S), whichever isearlier. It may be noted that successful Bidders shall submit the PerformanceBank Guarantee according to the Format 7.3 B for a value @ INR 11.25 Lakh/MW/ Package with an initial validity period from the date of submission of thePBG until 30 (Thirty) Months from the Effective Date of the PPA. On receipt andafter successful verification of the total Performance Bank Guarantee in theacceptable form, the BG submitted towards EMD shall be returned by SECI tothe successful Bidder. Non submission of PBG within the above timelines shallbe treated as follows:

a. Delay upto 01 month from due date of submission of PBG: Delay charges @1% of the PBG amount per month levied on per day basis shall be paid by theBidder to SECI in addition to the PBG amount.

b. Delay beyond 01 month from the due date of submission of PBG: The BGagainst EMD submitted by the Bidder shall be encashed by SECI and theProject shall stand terminated.The successful bidder/ SPD shall extend the validity of PBGs as and whendesired by SECI without any additional financial implication to SECI.

For the purpose of calculation of the above delay charges, ‘month’ shall beconsidered as a period of 30 days.

 

ORIGINAL POWER PURCHASE AGREEMENT: SECI shall enter into Power Purchase Agreement (PPA) with Selected Biddersbased on this RfS. A copy of standard Power Purchase Agreement (PPA) to beexecuted between SECI and the selected SPD will be made available onwebsite of TCIL https://www.tcilindia-electronictender.com and also in SECIwebsite www.seci.co.in. The PPA shall be signed within 30 days from the dateof issuance of LOI, if not extended by SECI (for e.g. If the LOI is dated20.10.2018, then the last date of signing of PPA shall be 19.11.2018). PPA willbe executed between SECI and selected bidder or its SPV, for each Packagehaving cumulative installation capacity of 50MW.

 

AMENDED POWER PURCHASE AGREEMENT: SECI shall enter into Power Purchase Agreement (PPA) with Selected Bidders based on this RfS. A copy of standard Power Purchase Agreement (PPA) to be executed between SECI and the selected SPD is available on website of TCIL https://www.tcilindia-electronictender.com and also in SECI website www.seci.co.in. The PPA shall be signed within 90 days from the date of issuance of LOI, if not extended by SECI (for e.g. If the LOI is dated 20.12.2018, then the last date of signing of PPA shall be 19.03.2019). PPA will be executed between SECI and selected bidder or its SPV, for each Package having cumulative installation capacity of 50MW.

 

For the complete amendment document, click here: http://seci.co.in/web-data/docs/Amendment-I%20to%20RfS-PPA-PSA_150MW%20Floating%20Solar.pdf 

The Caisse de dépôt et placement du Québec is increasing its investment in an Indian solar power company to 40 per cent.The Caisse de dépôt et placement du Québec is increasing its investment in an Indian solar power company to 40 per cent.


The Caisse is contributing US$100 million to Azure Power Global Ltd.’s latest round of capital raising, bringing its total investment to US$240 million.
“Through this investment, we are reaffirming our commitment to Azure Power and our willingness to support its growth,” said Emmanuel Jaclot, executive vice-president of infrastructure at the Caisse, in a press release. “Azure Power is a leader in the fast-growing sector of solar power in India, a priority market for CDPQ, and has a high-quality management team that possesses thorough knowledge of the industry. Furthermore, this transaction fits perfectly with CDPQ’s desire to contribute, as an investor, to a global low-carbon economy.”

 

Azure’s business, which is spread across 23 Indian states, includes the development, construction and operation of solar projects of varying sizes, from utility scale, rooftop, mini and micro grids.Azure’s business, which is spread across 23 Indian states, includes the development, construction and operation of solar projects of varying sizes, from utility scale, rooftop, mini and micro grids.

 

“CDPQ’s successive investments into Azure Power since we went public on NYSE in 2016 are a strong testament of our leading solar power platform in India,” said Inderpreet Wadhwa, founder, chairman and chief executive officer at Azure Power, in the release. “CDPQ’s new investment enables our continued organic growth of highest quality solar power assets and our contribution towards realization of India’s prime minister’s commitment towards clean and green energy.”

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