Most of the guidelines mentioned in the methodology (draft) issued by MNRE on 9th May, 2013 are same as those mentioned in the Draft guidelines document issued by them on 18th April, 2013. This methodology (draft) is intended for stakeholders’ consultation and suggestions/feedback may be e-mailed to SECI. This document shall form the basis for preparation of final RfS document based on which bids will be invited by SECI.
Changes/additions identified in this document are mentioned below. Our blog on the earlier released guidelines can be accessed here.
Total Capacity offered:
The clause “If the project fails to generate any power continuously for 1 year within 25 years or its assets are sold or the project is dismantled during the tenure of the project, SECI will have a right to claim assets equal to the value of VGF granted and paid” is under review
Structuring of the Bid selection process:
Power Purchase Agreement (PPA): As mentioned in the earlier released draft guidelines, PPA is to be executed between SECI and Selected Bidder(s). However in this document there is no mention of SECI issuing letters to State Utilities/ DISCOMs to invite ‘Expression of Interest’ from State Utilities/ DISCOMs willing to procure the power.
Project Implementation timeline:
Methodology of bid evaluation and selection of projects:
The original methodology (draft) issued by MNRE can be downloaded here.
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