Post on 16-Apr-2020
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
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OF 4
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DAMODAR VALLEY CORPORATION
TENDER DOCUMENTS
FOR
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer
Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand.
TENDER DOCUMENT NO. : HQ/C&M/SPE/Solar Power-DBOT (50 MW)/Panchet
VOLUME - I
(This document is meant for the exclusive purpose of bidding against this Tender Document No. / Specification and shall not be transferred, reproduced or otherwise used for purposes other than that for which it is specifically issued).
“THROUGH e-TENDERING PROCESS ONLY”
NOVEMBER, 2019
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
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OF 4
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CONTENT
VOLUME - I
Section- I : Invitation for Bids (IFB)
Section -II : Instructions to Bidders (ITB)
Section III : Special Conditions of Contract (SCC)
Section IV : Power Purchase Agreement (PPA)
VOLUME - II : Technical Specification & Scope of Work
VOLUME - III : Quality Assurance Plan (QAP)
VOLUME - IV : General Conditions of Contract (GCC)
VOLUME - V : Bid Forms & Procedures (BFP)
1 Form of Letter of Bid
2 Bid Security - Bank Guarantee form
3 Form of Contract Agreement
4 Security Deposit-Cum-Performance Bank Guarantee
Form
5 Bank Guarantee Verification check List & Instruction for
furnishing Bank Guarantee
6 Form of Extension of Bank Guarantee
7 Proforma for Affidavit to be submitted by the Bidder
8 Format for Contractor’s Performance Evaluation
9 Proforma for Notarized Power of Attorney
10 Proforma for No Relation Certificate
11 Form for Acceptance of On Line Reverse e-Auction
12 Business Rules for On Line Reverse e-Auction
13 Forms of Joint Deed of Undertaking
14 Form of Bank Guarantee for JV / Associate
15 Power of Attorney for JV
16 Power of Attorney for Associate
17 Proforma of Integrity Pact
18 Access to Site Agreement
VOLUME - VI : LIST OF EXHIBITS
1. Exhibit-1: Layout of Land plots for the solar plant
2. Exhibit-2: Single Line Diagram (SLD) of Panchet switchyard
3. Exhibit-3: Topographical survey report
4. Exhibit-4: Soil investigation report
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
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5. Exhibit-5: Load Flow Study
6. Exhibit-6: Flood Data of Panchet Dam for last 10 years
VOLUME - VII : Technical Specification (Electrical)
Techno-commercial Bid : Envelope 2
Price Bid : Envelope 3
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
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SECTION - I
INVITATION FOR BIDS (IFB)
DVC/Tender/Head Quarter/PANCHET HYDEL/CMM/Works and Service/00001
DAMODAR VALLEY CORPORATION Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I SECTION - I
IFB OF 4
Page 5 of 81
DETAILED INVITATION FOR BID
[DOMESTIC COMPETITIVE BIDDING FOLLOWED BY ON LINE REVERSE e-AUCTION]
DAMODAR VALLEY CORPORATION
(ESTABLISHED BY ACT XIV OF 1948)
TENDER DOCUMENT No. HQ/C&M/SPE/Solar Power-DBOT (50 MW)/Panchet dated 20.11.2019
1.0 Damodar Valley Corporation (DVC) invites bid from the eligible bidders in e-Tendering mode
{Single Stage - three envelopes basis, i.e. Envelope1 (Documents in support of cost of Tender document, Documents in support of Bid Security, Integrity Pact), Envelope2 (Declaration in support of Qualification Requirement as mentioned in the NIT & Declaration/ Information in support of Techno-commercial Bid as mentioned in the NIT and Scanned copies of Letter of Bid, Acceptance of On Line Reverse e-Auction, Affidavit, Notarized Power of Attorney, Cost of Tender document, Bid Security (EMD) and scanned Copies of all required documents for meeting the Qualification Requirement and documents mentioned at Clause No. 6 of Vol-I Sec I-IFB of NIT) and Envelope3 (Price Bid) for “Setting up of Grid connected PV Solar plant of
capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at
Panchet, DVC, Jharkhand” as per the technical specifications and scope of Work mentioned hereinafter.
2.0 Scope of Work
As detailed in Volume-II
3.0 Bid Security / Earnest Money Deposit (EMD): 1.85 Cr. (Rupees one crore eighty five lakh) only.
Cost of Tender Documents: 35,000/- (Rupees thirty five thousand only including GST).
The bidders will pay “Cost of Tender document” amounting to Rs.35,000/- only through off-line mode in the form of Demand Draft (DD)/Banker’s Cheque in favour of Damodar Valley Corporation, payable at Kolkata. However, MSEs registered with MSME / NSIC shall be exempted from the payment of Cost of Tender Documents. MSEs seeking such exemption must enclose valid registration certificate from MSME / NSIC in Envelope1 and the same should be received by DVC at the address given below during office hours, on or before the last date & time of Bid Submission/Uploading period.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
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4.0 Bidding schedule:
Tender Document downloading Date & Timing From 21.11.2019 at 11.00 Hrs.(IST) to 27.12.2019 at 12.00 Hrs.(IST)
Date & Time of pre-bid conference 06.12.2019 11.00 Hrs.(IST)
Last Date of Submission of Pre Bid Queries 05.12.2019 at 17.00 Hrs. (IST)
Date & time of Uploading of “Envelope2 & Scanned copies of Letter of Bid, Acceptance of On Line Reverse e-Auction, Affidavit, Notarized Power of Attorney, Cost of Tender document, Bid Security (EMD), Scanned Copies of all required documents for meeting the Qualification Requirement & other documents and Envelope3” online and also the submission of “hard copy of all the documents of Envelope1” offline.
From 21.11.2019 at 11.05 Hrs.(IST) to 27.12.2019 at 12.00 Hrs.(IST)
Bid Opening Date & Time (Envelope1 offline) 31.12.2019 at 12.00 Hrs.(IST)
Bid Opening Date & Time (Envelope2 & Scanned copies of Letter of Bid, Acceptance of On Line Reverse e-Auction, Affidavit, Notarized Power of Attorney, Cost of Tender document, Bid Security (EMD), Scanned Copies of all required documents for meeting the Qualification Requirement & other documents online) as per the Terms & Conditions of NIT.
31.12.2019 at 12.30 Hrs.(IST)
Bid Opening Date (Envelope3 online) as per the Terms & Conditions of NIT.
At a date to be notified by DVC in due course.
Date and Time of On Line Reverse e-Auction At a date to be notified by DVC in due course.
Submission of documents by the Bidder(s) as per the Terms & Conditions of NIT.
Within such date to be notified by DVC in due course.
The details are available at CPPP (Central public Procurement Portal) Website: https://etenders.gov.in/eprocure/app, and in www.dvc.gov.in (For information only)
Any addendum/corrigendum/extension, if required, pertaining to this NIT will be hosted in https://etenders.gov.in/eprocure/app only. Bidders are requested to visit website https://etenders.gov.in/eprocure/app regularly for any addendum/corrigendum/extension till opening of tender.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
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OF 4
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5.0 QUALIFYING REQUIREMNT:
The bidder should meet the qualifying requirements stipulated herein as under:
5.01 Qualifying requirement on Technical Capability:
I. The bidder shall be a registered legal entity in India.
II. The bidder should meet the requirement stipulated in clause no. II(a) or II(b):
(a) The bidder should have designed, supplied, erected / supervised erection and
commissioned / supervised commissioning of Solar Photo Voltaic (SPV) based grid
connected power plant(s) of cumulative installed capacity of 10 MW and above in India,
out of which at least one plant should have been of 2 MW capacity or above in India.
The reference plant of 2 MW or above capacity must have been in successful operation
for at least six (06) months as on date of Techno-commercial bid opening.
OR (b) The bidder should be a developer of Solar Photo Voltaic (SPV) based grid connected
power plant(s) of cumulative installed capacity of not less than 10MW and above in
India, out of which at least one plant should have been of 2MW capacity or above in
India. The reference plant of 2 MW or above capacity must have been in successful
operation for at least six (06) months as on date of Techno-commercial bid opening.
NOTES for Technical Criteria for all clauses of Sl. No. 5.01 above:
(i) Bidder has to meet the qualifying requirements stipulated in I & II [either II(a) or II(b)].
(ii) The reference SPV based grid connected power plant of 2MW or above capacity should
be at a single location developed by Bidder for itself or any other client.
(iii) SPV based Roof-top solar power projects, which are grid connected, shall also be
considered eligible for QR purposes.
(iv) Bidder shall submit certificate of successful completion and operation from the Owner.
(v) In case the award for the reference works has been received by the Bidder either
directly from the Owner of plant or any other intermediary organization, a certificate from
such owner of plant or the intermediary organization shall be required to be furnished by
the bidder along with its bid in support of its claim of meeting requirement stipulated
above. Certificate from owner of the plant shall also be furnished by the bidder for
successful operation of the reference plant.
(vi) The Owner shall be a registered legal entity in India.
(vii) Developer means an entity who has either executed or got executed the work/project as
owner of industrial projects.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
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5.02 Qualifying Requirement on Financial Capability:
(a) Net working capital should be considered for the last financial year. Net working
capital or access to credit facilities (unutilized portions) on the date of NIT shall not
be less than Rs. 46.15 Cr.
(b) The average annual turnover of the bidder for the best 03 years out of last 05
financial years shall not be less than Rs.184.59 Cr.
(c) Net worth of the bidder as on the last day of the preceding financial year shall not be
less than 100 % of the paid up share capital.
(d) Companies/Organisation under Board for Industrial and Financial Reconstruction
(BIFR) or Companies/Organisation under Debt Recovery Tribunal (DRT) or
Companies/ Organisation, who have applied for Corporate Debt Restructuring
(CDR) in last two financial years, shall not be considered for bid qualification. Bidder
shall have to produce a certificate from a practicing Chartered Accountant that the
bidder(s) does/do not fall under any of the above category.
NOTES for Financial Criteria for all clauses of Sl. No. 5.02 above:
(i) Net working capital means the difference of sum of current assets and sum of current
liabilities. Current assets means a sum of cash and cash equivalent, current
investment, inventories, trade receivable, short term loan and advances and other
current assets. Current liabilities mean a sum of short term borrowings, trade
payables, short term provision and other current liabilities.
(ii) Other income shall not be considered for arriving at annual turnover.
(iii) Net worth means the sum total of the paid up share capital and free reserves. Free
reserve means all reserves credited out of the profits and share premium account but
does not include reserves credited out of the revaluation of the assets, write back of
depreciation provision and amalgamation. Further any debit balance of Profit and
Loss account and miscellaneous expenses to the extent not adjusted or written off, if
any, shall be reduced from reserves and surplus.
(iv) In compliance to the above financial QR the bidder must submit copy of audited
Annual Accounts including Balance Sheet, Profit & Loss account for the last 05
financial years including audited annual accounts of the preceding financial year.
(v) In case where audited results for the preceding financial year are not available,
certification of financial statements from a practicing Chartered Accountant shall also
be considered acceptable.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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Notes on both Sl. No. 5.01 and Sl. No. 5.02 of Qualifying Requirement
i) The bidder may be a joint venture Company incorporated in India and registered under
the Companies act 1956, provided that eligibility criteria of individual bidder mentioned at
NIT is met by one of the promoters or jointly by more than one promoter. Each promoter
company on the basis of whom the joint venture company gets qualified shall have
minimum 26% equity in the JV Company. The equity shall be locked in at least for a
period of 5 years from the date of bid opening or till the completion of the warranty period
of the work whichever is later. The bidder and the promoter company (ies) on whose
strength the JV Company is qualified, shall be jointly and severally liable for the execution
of the contract and an undertaking to this effect shall be submitted along with the bid. In
case of award, the said promoter company (ies) shall be required to give separate on
demand Bank Guarantee for an amount equal to 1% of the total contract price in addition
to the contract performance guarantee of 10% of contract value to be furnished by the
bidder. No JVC partner shall be allowed to bid independently or as a member in a
consortium for this bid.
ii) Bidder may take part in the bidding process with associates, provided he has to satisfy
either Technical or Financial QR as firmed up above in full and he associates with a single
firm for covering the other deficiency of QR part of individual bidder specified in NIT. In
such a case the bidder shall furnish undertaking jointly executed by him and his associate
for successful performance of the relevant system along with the bid. In case of award,
associate shall be required to furnish bank guarantee for 5.0% (five per cent) of contract
price of the work value in addition to the contract performance guarantee of 10% (ten per
cent) of contract value to be furnished by the bidder.
iii) In case, bidder is a JVC and does not meet financial requirements stated in NIT, the
financial capability of at least one of the JVC partners on whose experience the
qualification is sought, shall meet the financial QR.
The lead partner shall be authorized to incur liabilities and receive instruction for and / or
on behalf of partners of Joint Venture and the entire execution of the contract including
receipt of payment shall be done exclusively through lead partners. The authorization
shall be authenticated by submitting power of attorney signed by the legally authorized
signatories of the all the partners as per proforma of DVC enclosed with NIT.
iv) All the partners of the Joint Venture Companies shall be liable jointly and severally for the
execution of the contract, if awarded, in accordance with the settled terms & conditions
and a copy of agreement entered into by the joint venture partners having such provision
shall be submitted with the bid. A statement to this effect shall be included in the
authorization mentioned under above clause (iii).
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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v) The joint ventures of the firms shall furnish all the required information as asked for in the
NIT / GCC / Specification in respect of each of their partners in their bid. In case of
successful bid, the form of agreement shall be signed so as to be legally binding on all the
partners. The format of the power of attorney and other documents to be submitted by
Joint Venture Partners are enclosed with NIT.
6.0 Bidders shall upload all the scanned documents towards Qualifying requirement along with
other documents in Envelope 2 as per NIT conditions during submission of bid online for
techno-commercial evaluation and compliance thereof. Scanned copy of following
documents are also required to be uploaded in envelope 2 as per the stipulation of the
NIT:
i. Unutilized line of credit for fund based and non-fund based limits in case of access to
credit facilities on the date of NIT from their bankers.
ii. Work commitments in hand as on date of submission of Tender.
iii. Organization Set up giving details of Manpower, Plants and Machineries.
iv. Electrical Contractor’s License from any State(s) / Union territory of India.
v. GST Registration Certificate.
vi. EPF / ESI Registration certificate.
vii. Company Registration Certificate in case of Limited / Public Limited Company /
Partnership deed in case of Partnership Company / Affidavit duly notarized in case of
sole proprietorship Business, as the case may be.
viii. No relationship Certificate as per DVC's format.
ix. Any other documents specified in tender document.
Notwithstanding anything stated above, the owner reserves the right to request for any
additional information and also reserves the right to reject the tender of any bidder, if in the opinion of the owner, the qualification data/requested information is incomplete and/or the bidder is found not qualified to satisfactorily perform the work.
7.0 DVC reserves the right to reject any or all bids or cancel/ withdraw the Invitation for bids
without assigning any reason whatsoever and in such case no bidder/intending bidder shall have any claim arising out of such action.
8.0 The Tender shall be processed only through on Government e-procurement system of
NIC (GePNIC) under Central Public Procurement Portal (CPPP) (URL: https://etenders.gov.in/eprocure/app All bid documents are to be submitted online only and in the designated cover(s)/envelope(s) on the Government e-Procurement website. Tenders/bids shall be accepted only through online mode on the Government e-Procurement website and no manual submission of the same shall be entertained. Late tenders will not be accepted. A Valid Digital Signature Certificate (DSC) (class III with Signing) is mandatory to participate for e- tendering system under CPPP portal. The e-token should have signing certificate for securing the e-tender data for participating in e- tendering system. The
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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certificate may be obtained from any of the authorised agencies of CCA (Controller of Certifying Authorities)] on Bidder’s own cost. The instructions given below are meant to assist the bidders in registering on the CPP Portal. a) Bidders are required to register in the Government e-procurement portal, obtain ‘Login
ID’ & ‘Password’ and go through the instructions available in the Home page after log in to the CPP Portal (URL: https://etenders.gov.in/eprocure/app), by clicking on the link “Online bidder Enrolment” on the CPP Portal which is free of charge.
b) As part of the enrolment process, the bidders will be required to choose a unique user name and assign a password for their accounts.
c) Bidders are advised to register their valid email address and mobile numbers as part of the registration process. These would be used for any communication from the CPP Portal.
d) Upon enrolment, the bidders will be required to register their valid Digital Signature Certificate issued by any Certifying Authority recognized by CCA India with their profile.
e) Bidder then logs in to the site through the secured log-in by entering their user ID/password and the password of the DSC / e-Token.
f) The Bidder intending to participate in the bid is required to register in the e-tenders portal using his/her Login ID and attach his/her valid Digital Signature Certificate (DSC) to his/her unique Login ID. He/She have to submit the relevant information as asked for about the firm/contractor. The bidders, who submit their bids for this tender after digitally signing using their Digital Signature Certificate (DSC), accept that they have clearly understood and agreed the terms and conditions including all the Forms/Annexure of this tender.
More information useful for submitting online bids on the CPP Portal may be obtained at: https://etenders.gov.in/eprocure/app For clarification about e-tendering procedures, downloading & Uploading and further details / elaboration, the bidders are advised to contact the following FMP Support Persons, representatives of M/s. National Informatics Centre Services Incorporated(NICSI), available in Help Desk at DVC Towers, C&M Department, 3rd Floor, Kolkata-54, West Bengal, India during the office hours.
(i) Mr. Sk Nawajesh Rahman, e-mail ID rnawajesh@gmail.com- Contact No.
9831683690 (ii) Miss Armistha Kangsa Banik, e-mail: armistha.banik1989@gmail.com (Mob:
8240124812).
Bidder have to pay the cost of the Tender documents (non–refundable) as mentioned in clause 3.0 above in Envelope1 should be received by DVC at the address given below during office hours, on or before the last date & time of Bid Submission/Uploading period. However, MSEs registered with MSME / NSIC have not to pay the cost of the Tender documents subject to production of the documentary evidence like valid Registration
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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Certificate from MSME / NSIC in Envelope1 should be received by DVC at the address given below during office hours, on or before the last date & time of Bid Submission/Uploading period. DVC shall not be responsible in any way for any delay/ difficulties/ inaccessibility of the downloading or uploading facility from the website for any reason whatsoever. Downloading of Tender Documents by any Bidder shall not construe that such Bidder is considered to be qualified. Transfer of Tender Documents downloaded by one intending bidder to another is not permissible. In case of any discrepancies found between the downloaded tender documents from the website and the master copy available in the website https://etenders.gov.in/eprocure/app the later shall prevail and will be binding on the tenderer(s). No claim/appeal on this account will be entertained or given cognizance. Bidders are advised to go through “Bidder Manual Kit”, “System Settings” & “FAQ” links available on the login page of the e-Tender portal for guidelines, procedures & system requirements. In case of any technical difficulty, Bidders may contact the help desk numbers & email ids mentioned at the e-tender portal.
9.0 Bids (“Envelope1 offline)” and “Envelope 2 online , Scanned copies of Letter of Bid, Acceptance of On Line Reverse e-Auction, Affidavit, Notarized Power of Attorney, Cost of Tender document, Bid Security (EMD), & Scanned Copies of all required documents for meeting the Qualification Requirement & documents mentioned at Clause No. 6 of Vol-I Sec I-IFB of NIT and Envelope3 online” ) received by DVC after last date & time of Bid Submission/Uploading period will not be considered at all and DVC authorities will not take any responsibility to accept the same.
Tenders (Envelope1, if offline) shall be dropped in the Tender Box at 3rd Floor of DVC
Tower or may be sent through Courier / Speed Post. Name of the Tender and NIT no & Date shall be clearly written on the Envelpoe1. Tenders (Envelope1) shall be addressed to CMM. DVC shall not be responsible in any way for any delay in postal services.
The names and designation along with e-mail address of two officers specially assigned by Chief Materials Manager, for receiving (i) online pre-bid queries, (ii) future correspondence and also (iii) the hard copies (offline) of the supporting documents as asked in the NIT, are mentioned below:
(i) Sri A. Ghosh, SE(C&I), C&M, DVC, Kolkata, e-mail: avijit.ghosh@dvc.gov.in Ph-03366073036 (ii) Sk Tegmohammad Mondal, EE (E), C&M, DVC, Kolkata, e-mail:
tegmohammad.mondal@dvc.gov.in , Ph-03366072315
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
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No person other than those mentioned above is authorised to receive the aforesaid documents (off-line and/or, online).
10. Address for communication:
Chief Materials Manager, C&M Department, 3rdth Floor, Damodar Valley Corporation, DVC Towers, VIP Road, Kolkata, West Bengal, Pin: 700054, India, Fax No: 0091-33 – 2355 6042
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
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SECTION - II
INSTRUCTION TO BIDDERS (ITB)
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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1.0 COST OF BIDDING:
The Bidder shall bear all costs associated with the preparation and submission of its bid, and the Employer will in no case be responsible or liable for these costs, regardless of the conduct or outcome of the bidding process.
2. 0 CLARIFICATION ON TENDER DOCUMENTS:
A prospective Bidder requiring any clarification to the Tender documents may notify the Employer through https://etenders.gov.in/eprocure/app up to the last date of submission of Pre Bid Queries.
On the queries asked by the Bidders up to the date of Pre-bid discussion, the Employer will respond in the Pre-bid discussion and the Pre-bid replies will be hoisted (as Amendment) through https://etenders.gov.in/eprocure/app. The Pre-bid conference will take place at the communication address and on the date & time as given in IFB clause 3.0 & 10.0.
For subsequent queries asked by the Bidders after the pre-bid discussions and and up to last date of submission of Pre Bid Queries, the Employer will hoist the Pre-bid replies (as Amendment) only through https://etenders.gov.in/eprocure/app within 5 days before the last date for submission of bid.
The information contained in all the pre-bid replies will have to be taken into account by the Bidder in its bid. Non-attendance at the pre-bid conference will not be a cause for disqualification of bidder.
3.0 AMENDMENT TO TENDER DOCUMENTS:
At any time prior to the deadline for submission of bids, the Employer may, for any reason,
whether at its own initiative, or in response to the clarifications requested by the prospective Bidders, amend the Tender documents. The amendment will be notified only to the https://etenders.gov.in/eprocure/app. In order to afford prospective Bidders reasonable time in which to take the amendment into account in preparing their bid, the Employer may, at its discretion, extend the deadline for the submission of bids.
Any addendum/corrigendum/extension, if required, will be hoisted (as Amendment) only to the https://etenders.gov.in/eprocure/app.
In case of change in technical parameter / specification / scope of work, downloading and submission date will be extended.
Bidder is requested to visit the above website regularly for any amendment/ addendum/ Corrigendum/ extension till opening of the Bids. It will be assumed that the information contained therein will have been taken into account by the Bidder in its bid.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
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4.0 PERIOD OF VALIDITY OF BID & LANGUAGE OF BID:
4.1 Bids shall remain valid for a period of 180 days from the closing date prescribed by the Employer for the receipt of bids. A bid valid for a shorter period shall be rejected by the Employer as being nonresponsive.
4.2 In exceptional circumstances, the Employer may solicit the Bidder's consent to an
extension of the bid validity period. The request and responses thereto shall be made by e-mail. If a Bidder accepts to extend the period of bid validity, the validity of bid security shall also be suitably extended. A Bidder may refuse the request without forfeiting its bid security. A Bidder granting the request will not be required nor permitted to modify its bid.
4.3 The bid prepared by the Bidder and all correspondence and documents related to the bid
exchanged between the Bidder and the Employer shall be written in English language, provided that any printed literature furnished by the Bidder may be written in another language, as long as such literature is accompanied by a translation of its pertinent passages in English language in which case, for purposes of interpretation of the bid, the translation shall govern.
5.0 MODIFICATION AND WITHDRAWAL OF BIDS:
5.1 The Bidder may modify or withdraw its bid after submission/uploading, prior to the
deadline prescribed for bid submission/uploading.
5.2 The Bidder’s modifications of Envelope1 (if required for Envelope1) shall be prepared,
sealed, marked as "Bid Modifications- Envelope1”.
5.3 A Bidder wishing to withdraw its bid can withdraw his bid prior to the deadline prescribed
for bid submission. For withdrawal of the bid after submission, the bidder shall notify the
Employer in writing. The notice of withdrawal shall be address to the Employer at the
address given above and bear the package name, NIT Number and the words “BID
WITHDRAWAL NOTICE”. The bid withdrawal notice shall be accompanied with valid
authorisation to request such bid withdrawal.
If the Bid withdrawal notice of any Bidder received before the bid submission deadline,
his EMD will be refunded / returned.
If the Bid withdrawal notice of any Bidder received after the bid submission deadline and
before opening of Envelope 2, the Bidder will be disqualified and his EMD will be forfeited
and Envelope 2 of remaining Bidders will be opened.
If the L1 Bidder withdraws his Bid after issue of LOA cum Work Order/Order, then his
EMD will be forfeited, other penal action may be taken and the Employer goes for re-
tendering. In this re-tender, such defaulting bidder will not be allowed to participate and
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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other i.e. up to one year debarment penal actions against this Bidder may be taken.
6.0 DOCUMENTS COMPRISING OF THE BID & BIDDING PROCEDURE:
Three envelope bidding procedure shall be followed as under:
(i) Envelope1: Hard Copy (Offline) Submission: Envelope1 Shall comprises of “Documents in
support of Cost of Bidding”, “Documents in support of bid security (EMD)” and Integrity
Pact.
(ii) Envelope2: Online Submission: Declaration in support of Qualification Requirement (QR) as
mentioned in the NIT, Declaration/Information in support of Techno-commercial Bid as
mentioned in the NIT and Scanned copies of Letter of Bid, Acceptance of On Line Reverse
e-Auction, Affidavit, Notarized Power of Attorney, Cost of Tender document, Bid Security
(EMD) & Scanned Copies of all required documents for meeting the Qualification
Requirement and documents mentioned at Clause No. 6 of Vol-I Sec I-IFB of NIT.
Envelope2 (.rar file): Shall comprise of the following:
1. Declaration in support of Technical QR as asked in NIT as per Attachment-1
2. Declaration in support of Financial QR as asked in NIT as per Attachment-2
3. Declaration in support of submission of documents mentioned at Clause No. 6 of Vol-I
Sec I-IFB of NIT as per Attachment – 3.
4. Declaration on mandatory conditions as per Attachment - 4
5. Other Declaration as per Attachment - 5
6. Information regarding details of Banker & other particulars for making payment through
RTGS/NEFT/CBS as per Attachment – 6
The Envelope2 shall be available https://etenders.gov.in/eprocure/app as Envelope2.rar
file. The same shall be downloaded by the bidders and to be uploaded during submission of
tender under technical part as .rar file only.
Letter of Bid: This will be the covering letter of the bidder for his submitted bid. The content
of the “Letter of Bid” printed/ typed on Bidder’s letter head must be the same as per format given in the NIT (as per Form 1 of Vol-V) and it should not contain any other information. This document will be signed by the bidder and the scanned copy of the same will be uploaded.
Bidders shall not be required to upload scanned copy of any other document for the
Envelope 2, except the “Scanned copies of Letter of Bid, Acceptance of On Line Reverse e-Auction, Affidavit, Notarized Power of Attorney, Cost of Tender document, Bid Security (EMD), Scanned Copies of all required documents for meeting the
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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Qualification Requirement and documents mentioned at Clause No. 6 of Vol-I Sec I-IFB of NIT”.
Please note that the Envelope 2 & Letter of Bid should not contain any price content
entry. In case any price (basic price) component is exposed in Envelope2 & Letter of
Bid of any bidder’s submitted bid, then his bid may be rejected out rightly by the
Employer.
(iii) Envelope3 : Online Submission: Price Bid for the Package.
Note: 1. After downloading all the NIT documents including the Amendments to NIT
documents, if any, Bidders are requested to fill up & upload the Envelope 2 (as
.rar file), Envelope 3, Scanned copies of Letter of Bid, Acceptance of On Line
Reverse e-Auction, Affidavit, Notarized Power of Attorney, Cost of Tender
document, Bid Security (EMD), Scanned Copies of all required documents for
meeting the Qualification Requirement & documents mentioned at Clause No. 6
of Vol-I Sec I-IFB of NIT and submit the Hard copies of Envelope1 as asked in
the NIT by taking care of all the Pre-bid replies & Amendments. If there is any
Amendments in the excel files of Envelope2 / Envelope3, Bidders are requested
to fill up & upload only the latest amended excel files of Envelope2 / Envelope3.
Bidders are also requested not to upload any documents / files other than as
asked in the NIT & its amendments (if any).
Uploading of any documents / files by the Bidder, other than as asked in the NIT
and its subsequent Amendments (if any), may lead to rejection of his Bid by the
Employer.
2. COMMERCIAL AND TECHNICAL DEVIATIONS
No deviation is allowed for the instant tender.
(iv) Hard Copy (Offline) Submission of supporting documents : Supporting
documents in Original / self-authenticated and attested by Public Notary in respect
of QR (Attachment-1 & Attachment-2 ) of Envelope 2 as asked in the NIT, Original
Letter of Bid, Power of Attorney, “Bank Certificate & a cancelled cheque as per
Attachment-6 of Envelope 2” and an affidavit in original on a non-judicial stamp
paper of Rs. 10 regarding genuineness of the declaration/information furnished by
him/them online and authenticity of the supporting documents being produced by
him/them. Please refer clause No. 8.0 regarding submission of the above
supporting documents.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 19 of 81
7.0 BID PRICES:
7.1 Unless otherwise specified in the Technical Specifications, Bidders shall quote for the
entire package such that the total bid price covers all the Contractor’s obligations
mentioned in or to be reasonably inferred from the bidding documents.
7.2 Bidders are required to quote the price for the commercial, contractual and technical
obligations outlined in the bidding documents. No deviation is allowed for the instant
tender
7.3 Bidders shall give the prices in the manner and detail called for in the Price Schedules.
7.4 The Bidder shall himself be informed of all the applicable laws, notifications, rules,
circulars and other communications of the State or Central or other authorities with
regard to levy of any tax, duty, cess, levy or fee such that his bid prices take into account
all of them.
7.5 BID CURRENCIES: PRICES SHALL BE QUOTED IN INR only. 8.0 BID OPENING & BID EVALUATION:
8.1 The Employer will open the Envelope1 (as received) in off line, in presence of bidders'
representatives who choose to attend the opening on the time and at the communication
address as stated in the IFB. In the event of the specified date for the opening of bids
being declared a holiday for the Employer, the bids will be opened at the appointed time
on the next working day.
First, the WITHDRAWAL notice(s), if any, shall be opened and read out and recorded
and the corresponding Envelope1 shall not be opened and shall be returned to the
bidder. No bid shall be withdrawn unless the corresponding withdrawal notice contains a
valid authorisation to request such bid withdrawal and is read out and recorded in the bid
opening.
Bids not accompanied by the “Documents in support of Cost of Bidding
Document”, “Documents in support of bid security” and Integrity Pact in
Envelope1 as asked in the NIT, will be rejected and not be considered for further
evaluation, regardless of the circumstances and his bid will not be opened further.
Bidder's names, bid modifications (“Envelope1”) or withdrawals (“Envelope1”), the
presence or absence of requisite bid security and other such details as the Employer, at
its discretion, may consider appropriate, will be announced at the opening.
Bidders’ representatives who choose to attend the opening shall sign a register as proof
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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of their attendance.
The Employer will examine whether the “Documents in support of Cost of Bidding
Documents”, “Documents in support of bid security” and Integrity Pact, in Envelope1
have been properly signed and are generally in order.
8.2 The Employer will then open Envelope2 (with scanned copies of Letter of Bid,
Acceptance of On Line Reverse e-Auction, Affidavit, Notarized Power of Attorney, Cost
of Tender document, Bid Security (EMD) & Scanned Copies of all required documents
for meeting the Qualification Requirement and documents mentioned at Clause No. 6 of
Vol-I Sec I-IFB of NIT) online only for those Bidders who’s Documents in Envelope1 are
generally in order.
After evaluation of Envelope2 (with scan copies of Letter of Bid, Acceptance of On Line
Reverse e-Auction, Affidavit, Notarized Power of Attorney & Scanned Copies of all
required documents for meeting the Qualification Requirement and documents
mentioned at Clause No. 6 of Vol-I Sec I-IFB of NIT), Employer will notify to all the
techno commercial compliance Bidders (based on the evaluation of Envelope 2 with
scan copies of Letter of Bid, Acceptance of On Line Reverse e-Auction, Affidavit,
Notarized Power of Attorney & Scanned Copies of all required documents for meeting
the Qualification Requirement and documents mentioned at Clause No. 6 of Vol-I Sec I-
IFB of NIT) through website, the date & time for opening of the Envelope3 (Price Bid).
After opening of Envelope3 (Price Bid) and On Line Reverse e-Auction, the final L1
bidder after conclusion of Reverse-e-auction shall be requested to produce (on any
working day within 10 days from the date of issuance of notification) the supporting
documents (original / self-authenticated and attested by Public Notary) in respect of QR
(Attachment-1 & Attachment-2 ) of Envelope 2 as asked in the NIT, Original Letter of
Bid, Power of Attorney, “Bank Certificate & a cancelled cheque as per Attachment-6 of
Envelope 2” and Affidavit in original on a non-judicial stamp paper of Rs. 10 regarding
genuineness of the declaration/information furnished by them online and authenticity of
the supporting documents being produced by them, within the same time frame. No
additional time will be allowed to the bidders for producing the required
documents.
If L1 bidder fails to produce the supporting documents within the specified period (i.e. within 10 days from the date of issuance of notification), or if any of the declaration furnished by the bidder in Envelope 2 on-line is found to be false during verification of the supporting documents, which changes the eligibility status of the bidder then EMD of the Bidder will be forfeited with caution letter to refrain in future. In event of 2nd instances by the same Bidder in any DVC’s Tender then EMD will be forfeited and the Bidder will be banned for one year from
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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participating in future tenders of DVC.
8.3 INITIAL PRICE BID EVALUATION PROCEDURE
In this step evaluations of Techno-Commercially Qualified Bids shall be done based on
the “Initial Tariff Bid” quoted by the bidders in the Electronic Form of Financial Bid. After
this step, the shortlisted bidders shall be invited for the Reverse Auction.
Envelope3 (containing Initial Tariff Bid) of only those bidders shall be opened whose
technical bids are found to be qualified.
The Bidders shall have to submit a single bid (single application) quoting a single tariff
per kWh for the Project. The tariff has to be quoted up to two places of decimal only.
Evaluation will be carried out for the Project based on tariff quoted by Bidders. If the
initial tariff quoted is same for two or more Bidders for the project, then all the Bidders
with same tariff shall be considered of equal rank/ standing in the order.
8.4 ON LINE REVERSE e-AUCTION
i. “On Line Reverse e-Auction” shall have the meaning ascribed to in Vol-V (BFP)
under BUSINESS RULES FOR ON LINE REVERSE e-AUCTION and Reverse e-
Auction shall be conducted online as per provisions of BUSINESS RULES FOR
ON LINE REVERSE e-AUCTION given Vol-V (BFP).
ii. Reverse e-Auction will be conducted as per the notification issued to Techno-
Commercially Qualified Bidders (please see point no. viii below).
iii. Reverse e-auction shall be done on initial evaluated Price as defined in
Initial Price Bid Evaluation Procedure (Sl. No. 8.3).
iv. Final tariff offer (L1 basis) from the techno-commercially qualified bidders (please
see point no. viii below) will be obtained through On Line Reverse e-Auction
procedure on the e-platform of CPPP.
v. DVC shall upload the “Opening Price” i.e. the base price/ start price for On Line
Reverse e-Auction and can be viewed by all the bidders at the start of the
Reverse e-Auction.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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vi. During the On Line Reverse e-Auction the Qualified Bidders who are eligible for
participating in the Reverse e-Auction shall be permitted to place their final tariff
provided that the Bid Decrement shall be at least the minimum decrement amount
as decided by the employer.
vii. The Qualified Bidder that submits the lowest Final tariff at the conclusion of
Reverse e-Auction process, i.e. the Closing Price, shall be termed as the “L1
Bidder”.
viii. All the Techno-commercially accepted tenderers after eliminating the H-1
tenderer will be allowed to participate in on-line Reverse e-Auction over internet
for bidding. In case more than one bidders have quoted the same H1 rate, then
the bidder with later Bid submitted date and time will get eliminated as per CPPP
portal. However, if the techno-commercially complied bidders are less than five
then all the tenderers will be allowed to participate in on-line Reverse e-Auction
over internet for bidding.
8.5 After On Line Reverse e-Auction among the Techno-Commercially Qualified Bidders,
Employer will issue LOA cum Work Order/Order to the L1 Bidder on conclusion of auction
after verifying the supporting documents of the L1 bidder as per NIT.
8.6 Note for Clause 8.0 (i) During bid evaluation the Employer may, at its discretion, ask the Bidder for a
clarification on its bid. The request for clarification and the response there to shall be
through e-mail only, and no change in the price or substance of the bid shall be sought,
offered or permitted.
(ii) Notwithstanding anything stated above, the Employer reserves the right to assess the
capabilities and capacity of the Bidder to perform the contract at any stage during the
entire bid evaluation period and prior to award of Contract, should the circumstances
warrant such assessment in the overall interest of the Employer.
8.7 (i) In case where the business firm happens to have been banned / suspended by DVC /
Ministry of Power/ Govt. of India and the ban / suspension is still in force on the
date of bid opening, the offer of the business firm / authorised agent/ distributor /
dealer / affiliates shall not be considered for all establishment of DVC and in such
case no bidder / intending bidder shall have any claim arising out of such action.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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Page 23 of 81
(ii) In case where the business firm happens to have been banned / suspended by
Department of Power & Non Conventional Energy Sources, Government of West
Bengal / Govt. of West Bengal and the ban / suspension is still in force on the date
of bid opening, the offer of the business firm / authorised agent/ distributor / dealer
/ affiliates shall not be considered for all DVC establishment in West Bengal and in
such case no bidder / intending bidder shall have any claim arising out of such
action.
(iii) In case where the business firm happens to have been banned / suspended by
Department of Energy, Government of Jharkhand / Govt. of Jharkhand and the ban /
suspension is still in force on the date of bid opening, the offer of the business firm
/ authorised agent/ distributor / dealer / affiliates shall not be considered for all DVC
establishment in Jharkhand and in such case no bidder / intending bidder shall
have any claim arising out of such action.
(iv) In case, the performance of a bidder in any contract of DVC is found to be
unsatisfactory during last 2 years, they shall not be considered for this tender.
9.0 BID SECURITY (EMD): 9.1 The Bid security shall, at the Bidder’s option, be either in the form of:
i. Bidder can pay the EMD through electronic mode i.e. credit card/ debit card/ net banking.
Provision for NEFT/ RTGS has also been enabled, moreover in case the bidder who do
not have any credit card/ debit card or net banking facilities, they can use NEFT/ RTGS
facilities for payment by downloading the challan from the web site and submit the same
to nearest bank, or,
ii. A Bank guarantee, or,
iii. DVC bonds duly endorsed in favour of DVC, or,
iv. Post office National Savings Certificate having face value equal to EMD value and duly
endorse by the issuing authority in favour of DVC, or,
v. Attested photocopy of certificate issued by DVC as permanent EMD account holder, or,
vi. Pay-order/demand draft in favour of DVC.
In case of BG, the Bank Guarantee shall be from a Bank as specified in the Annexure-1 of ITB. However, any foreign bank not mentioned in the Annexure-1 of ITB, but subsequently
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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included in the scheduled list of RBI in the course of bidding shall be accepted. The format of the bank guarantee shall be as per the format given at Vol-V (Bid Forms & Procedure).
Bid security shall remain valid for a period of 180 days from the closing date prescribed by
the Employer for the receipt of bids and beyond any extension of bid validity subsequently requested, plus three months claim period thereafter. The bidder shall furnish, as part of its bid, original bid security documents in Envelope1 of the amount and currency as stipulated.
However, MSEs registered with MSME / NSIC shall be exempted from the payment of EMD. MSEs seeking such exemption must enclose valid registration certificate from MSME / NSIC in Envelope1 and the same should be received by DVC at the address given below during office hours, on or before the last date & time of Bid Submission/Uploading period.
9.2 Any bid, not accompanied by an acceptable bid security documents in Envelope1,
shall be rejected by the Employer as being non responsive and this bid shall not be
opened further.
9.3 The bid securities of all the unsuccessful bidders will be returned / refunded within 15 days
after the finalisation of tender.
9.4 The bid security of the successful bidder to whom the Contract is awarded will be returned
/ refunded when the bidder has furnished the required Performance Securities.
9.5 The bid security may be forfeited without any notice or proof of damage to the Owner, etc.
in
the following circumstances:
(a) If the Bidder withdraws its bid after the bid submission deadline and during the bid
validity period before finalisation of the tender.
(b) If the Bidder does not withdraw any deviation listed in Attachment-7 at the cost of
withdrawal indicated by him.
(c) If any declaration furnished by the Bidder online is found to be false
(d) If the Bidder does not accept the arithmetical correction of its bid price.
(e) In case the bidder(s) fails to produce the documents as asked in the NIT within the
specified period as mentioned in the NIT, or if any of the declaration furnished by bidder(s)
on-line for Envelope-2 as asked in the NIT is found to be false during verification of
documents, which changes the eligibility status of the bidder.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 25 of 81
(f) In case of failure of the successful Bidder to accept the order (LOA) within the stipulated
period.
(g) If the Bidder refuses to withdraw, without any cost to the Employer, any deviation not
listed in Attachment-7 but found elsewhere in the bid.
(h) If the Bidder fails to furnish the required Performance Securities as applicable within the
date stipulated in the NIT/LOA.
9.6 No interest would be paid by the Employer against the Bid Security (EMD).
10.0 CONTACTING THE EMPLOYER & AWARD OF CONTRACT:
10.1 Any effort by a Bidder to influence the Employer in the Employer’s bid evaluation, bid
comparison or contract award decisions may result in rejection of the Bidder’s bid.
10.2 The Employer will award the contract to the successful Bidder whose bid has been
determined to be substantially responsive and to be the lowest evaluated bid, further
provided that the Bidder is determined to be qualified to perform the contract satisfactorily.
No. deviation is allowed for the instant tender. The Bidder will be required to comply with
all requirements of the Bidding Documents without any extra cost to the Employer, failing
which his bid security will be forfeited.
Deleted
11.0 EMPLOYER’S RIGHT TO ACCEPT ANY BID AND TO REJECT ANY OR ALL BIDS:
The Employer reserves the right to accept or reject any bid and to annul the bidding process and reject all bids at any time prior to award of contract, without thereby incurring any liability to the affected Bidder or bidders or any obligation to inform the affected Bidder or bidders of the grounds for the Employer’s action.
12.0 Letter of Acceptance (LOA):
Prior to the expiration of the period of bid validity, the Employer will notify the successful
Bidder in writing by letter or by telefax to be confirmed in writing by letter, that its bid has
been accepted. The LOA will constitute the formation of the contract.
13.0 GOVERNING LAWS & GENERAL PRINCIPLES: The Contract shall be governed by and interpreted in accordance with laws in force in
India.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 26 of 81
The Contract will be governed by the Minimum Wages Act, Contract Labour (Regulation & Abolition) Act, The Industrial Disputes Act, Workmen’s Compensation Act, Payment of Gratuity Act, Payment of Wages Act, Employees’ Provident Fund and Miscellaneous Provisions Act, Factories Act, Employees State Insurance Act, Sales of Goods Act, Indian Contract Act, Negotiable Instrument Act, Information & Technology Act, Common Goods Carrier Act, Excise & Service Tax Act, Sales Tax Act and Income Tax Act, Insurance Act, GST act, all other related Acts/ Rules/ Regulations, Bye-laws, Order, Notifications etc. already in vogue or may be enacted in future by the legislation. The Courts of Kolkata shall have exclusive jurisdiction in all matters arising under the Contract.
The LOA cum Work Order/Order/Contract shall in all respect be deemed to be and shall
be constructed and shall operate as an Indian Contract as defined in the Indian Contract
Act 1872 and all payments thereunder shall be made in Rupees.
The Contractor shall acquire all permits, approvals and licenses from all local, state or
national government authorities or public service undertakings in the country where the
Site is located that are necessary for the performance of the Contract, including those
which required to be acquired in the name of the Employer, that are necessary for the
performance of the Contract, The Employer shall only reimburse (against necessary
supporting documents) to the Contractor, the payment of fees payable to the statutory
authorities for all permits, approvals and licenses from all local, state or national
government authorities or public service undertakings, which are required to be obtained
in the Employer’s name for the execution of the Contract.
The Contractor shall indemnify and hold harmless the Employer from and against any and
all liabilities, damages, claims, fines, penalties and expenses of whatever nature arising or
resulting from the violation of such laws by the Contractor or its personnel.
14.0 DELETED
15.0 DELETED
16. RISK PURCHASE CLAUSE:
The Employer reserves the right to purchase the material / spares/ equipment /service & works from elsewhere at the sole risk and cost of the Contractor and recover all such extra cost incurred by the Employer in procuring the material, service and works .The procedure to be followed is given below:-
a) After the expiry of the specified date of delivery / completion period, if the
Contractor fails to deliver the materials/ complete the work a notice will be
given to the Contractor for delivering the material/ complete the work
immediately.
b) If the Contractor fails to deliver the material/complete the work, a final risk and
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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Page 27 of 81
cost notice will be served to the Contractor by registered post with A/D, clearly
indicating that if he fails to deliver the materials/ complete the work within 7
days of the receipt of the letter, the same shall be outsourced from other
sources at the risk and cost of the Contractor.
c) The existing order has to be closed and action will be initiated by the Employer for
procurement / completion of work & services of the balance items/ portion. While
taking such action the defaulting Contractor may not be given an opportunity
against fresh enquiry/limited tender.
d) If it is found that price has come on the higher side then the difference between
the original price and the new price will be recovered from the Contractor.
e) For the purpose of recovery of the amount, unpaid amount / security deposit by
the way of BG as provided by the Contractor will be adjusted first. If there is
any balance left to be recovered, the Contractor should be informed to deposit
the money at the earliest.
f) If he fails to deposit the balance amount no further enquiry will be given as per
banning procedure of DVC. g) In case the amount is considerable, legal action may be considered by the
Employer.
Alternatively, the Employer may short close the Order stating the reason for not resorting to risk purchase clause.
In the event of recourse to alternatives as mentioned above, the Employer will have the right to re-purchase the stores or complete the work, to meet urgency in requirement caused by Contractor’s failure to comply with the schedule of delivery or completion of the work or services irrespective of the fact whether the materials / equipments/ work/ services are similar or not.
17. LIQUIDATED DAMAGES FOR DELAY IN DELIVERY /COMPLETION OF WORKS:
LD Clause shall be as per clause No.4.6 of PPA
18. Implementation of Integrity pact
Integrity Pact shall be applicable for Tenders/Contracts value of Rs.15 crores and
above.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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DVC shall be entering into an Integrity Pact with the bidders as per form as per format
given in the NIT (as per Form 17 of Vol-V) enclosed. The Proforma has to be returned by
the bidder (along with the techno-commercial bid) duly signed by the same signatory who
signed the bid, i.e., who is duly authorized to sign the bid. Any bid not accompanied by
Integrity Pact Proforma duly signed by the bidders shall be rejected straightway. All pages
of Integrity Pact to be signed by the bidders authorized signatory who signs the bid.
In other words, entering into this Pact would be a preliminary qualification
19. Project Cost & Break Up The successful bidder (L1) shall submit the project cost along with price break up before awarding of contract.
Note: Power Purchase Agreement (PPA), Special Conditions of Contract (SCC) and all
other terms and conditions of IFB & ITB shall supplement/amend the
corresponding clause of General Conditions of Contract (GCC). Wherever there is a
conflict, the provisions in PPA, SCC and all other terms and conditions of IFB & ITB
shall prevail over those in the GCC.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 29 of 81
ANNEXURE-1
LIST OF COMMERCIAL BANKS AS PER RBI (SOURCE RBI WEBSITE DT. 08-06-2012)
1. Abu Dhabi Commercial Bank Ltd.
2. American Express Bank Ltd.
3. Arab Bangladesh Bank Limited
4. Allahabad Bank
5. Andhra Bank
6. Antwerp Diamond Bank N.V.
7. Axis Bank Ltd.
8. Bank Internasional Indonesia
9. Bank of America N.A.
10. Bank of Bahrain & Kuwait BSC
11. Barclays Bank Plc
12. BNP PARIBAS
13. Bank of Ceylon
14. Bharat Overseas Bank Ltd.
15. Bank of Baroda
16. Bank of India
17. Bank of Maharashtra
18. Canara Bank
19. Central Bank of India
20. Calyon Bank
21. Citibank N.A.
22. Cho Hung Bank
23. Chinatrust Commercial Bank Ltd.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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24. Centurion Bank of Punjab Limited
25. City Union Bank Ltd.
26. Coastal Local Area Bank Ltd.
27. Corporation Bank
28. Catholic Syrian Bank Ltd.
29. Deutsche Bank AG
30. Development Credit Bank Ltd.
31. Dena Bank
32. IndusInd Bank Limited
33. ICICI Bank
34. IDBI Bank Limited
35. Indian Bank
36. Indian Overseas Bank
37. Industrial Development Bank of India
38. ING Vysya Bank
39. J P Morgan Chase Bank, National Association
40. Krung Thai Bank Public Company Limited
41. Kotak Mahindra Bank Limited
42. Karnataka Bank
43. Karur Vysya Bank Limited.
44. Lord Krishna Bank Ltd.
45. Mashreqbank psc
46. Mizuho Corporate Bank Ltd.
47. Oman International Bank S A O G
48. Oriental Bank of Commerce
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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49. Punjab & Sind Bank
50. Punjab National Bank
51. Societe Generale
52. Sonali Bank
53. Standard Chartered Bank
54. State Bank of Mauritius Ltd.
55. SBI Commercial and International Bank Ltd.
56. State Bank of Bikaner and Jaipur
57. State Bank of Hyderabad
58. State Bank of India
59. State Bank of Indore
60. State Bank of Mysore
61. State Bank of Patiala
62. State Bank of Saurashtra
63. State Bank of Travancore
64. Syndicate Bank
65. The Bank of Nova Scotia
66. The Bank of Tokyo-Mitsubishi, Ltd.
67. The Development Bank of Singapore Ltd. (DBS Bank Ltd.)
68. The Hongkong & Shanghai Banking Corporation Ltd.
69. Tamilnadu Mercantile Bank Ltd.
70. The Bank of Rajasthan Limited
71. The Dhanalakshmi Bank Limited.
72. The Federal Bank Ltd.
73. The HDFC Bank Ltd.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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74. The Jammu & Kashmir Bank Ltd.
75. The Nainital Bank Ltd.
76. The Sangli Bank Ltd.
77. The South Indian Bank Ltd.
78. The Ratnakar Bank Ltd.
79. The Royal Bank of Scotland N.V.
80. The Lakshmi Vilas Bank Ltd
81. UCO Bank
82. Union Bank of India
83. United Bank Of India
84. Vijaya Bank
85. Yes Bank
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 33 of 81
SECTION - III
SPECIAL CONDITIONS OF CONTRACT (SCC)
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
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1. POWER GENERATION BY SPD, SHORTFALL / EXCESS GENERATION
(a) The SPD shall design the 50MWp (AC) capacity solar power projects considering not less than 19% yearly CUF for the solar project. The 19% yearly CUF will be considered contracted CUF for first year and thereafter, if the yearly CUF falls below threshold value of 19% of degraded capacity of the Solar project (by considering the 0.77% per year linear degradation of PV modules), SPD should take necessary measures to augment the plant and see that the CUF of 19% and above is maintained.
(b) In case the project generates and supplies energy less than the energy corresponding to the contracted CUF, the SPD will be liable to pay to DVC, penalty for the shortfall in availability below contracted CUF level, as per the provisions of PPA.
(c) In case the availability is more than the contracted CUF specified, DVC shall purchase the excess generation and the tariff shall be guided as per provisions of PPA.
(d) Repowering: The SPD will be free to re-power the solar plant from time to time during the PPA duration. However, DVC will be obliged to buy power only within the range of CUF as specified in the PPA. Any excess generation will be dealt as per the provisions of PPA.
2. DEEMED GENERATION ON ACCOUNT OF POWER EVACUATION SYSTEM/
GRIDUNAVAILABILITY
(a) After the scheduled commissioning date, if the plant is ready but the necessary power evacuation/transmission infrastructure is not ready, for reasons not attributable to the SPD, leading to off-take constraint, the provision for generation compensation shall be guided as per the provisions of PPA.
However, it is clarified that if the plant is ready before Commissioning Date, but the off-take is constrained because of inadequate/ incomplete power evacuation infrastructure, no compensation shall be permissible.
(b) During the operation of the plant, there can be some periods where the plant can generate power but due to temporary transmission unavailability the power is not evacuated, for reasons not attributable to the SPD. In such cases the generation compensation shall be guided as per the provisions of PPA.
(c) Bidder shall follow the forecasting and scheduling process as per the regulations in this regard by the CERC/SERC as per the Indian Electricity Grid Code (IEGC), encourages a status of “Must Run” to solar power projects. Accordingly, no solar power plant, duly commissioned, should be directed to back down by Load Dispatch Centre (LDC). The SPD shall not be eligible for any compensation in case the back down is on account of events like consideration of grid security or safety of any equipment or personnel or other
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
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such conditions. The SPD shall be eligible for a Minimum Generation Compensation from DVC, as per the provisions of PPA.
(d) The Solar PV power project shall be facilitated with necessary equipment to continuously measure solar radiation, ambient temperature, wind speed & other weather parameters and simultaneously measure the DC power as well as AC power generated from the plant.
(e) The SPD shall not transfer, assign, let, underlets, sublet, license, mortgage, charge, encumber or part with the possession of the Demised Premises or any part thereof or any interest therein without prior permission of DVC.
(f) Right of access to DVC: DVC and /or the authorized persons of DVC shall have the right to access into Demised Premises, with prior permission to the SPD, for the purpose of discharging its obligations including inspection to ensure compliance of contractual terms and conditions by SPD.
(g) Right of DVC to Audit: The SPD shall permit DVC for conducting of an Audit if deemed required to confirm whether the SPD has been in due compliance of all the applicable Law, the Grid Code, the contractual terms & conditions and Prudent Utility Practices. The SPD shall also ensure that answer to any query raised in this Audit and/or any document/information required by the auditor is provided within reasonable time.
(h) Safe Disposal of Solar PV Modules: The developer will ensure that all Solar PV modules from the plant after their ‘end of life’ (when they become defective/ non-operational/ non-repairable) are disposed of in accordance with the “e-waste (Management and Handling) Rules, 2011” notified by the Government and as revised and amended from time to time.
(i) TRANSFER OF THE PLANT AFTER 25 YEARS The project along with all its assets shall be transferred to Damodar Valley Corporation (DVC) after completion of entire PPA period. However, if any, need arises to dismantle the project after 25 years a kitty of Rs. 0.02/ kWh of power generated will be kept with DVC on monthly basis as security deposit.
(j) The agreement period for “Access to Site” may be extended further if mutually agreed by
DVC and the SPD after expiry of the initially agreed period of 26 years.
3. PERFORMANCE BANK GUARANTEE
Performance Bank Guarantee Clause shall be as per clause No. 3.3 of PPA.
SPD shall be required to provide Bank Guarantee before signing of PPA. On receipt and
after successful verification of the total Performance Bank Guarantee in the acceptable
form, the BG submitted towards EMD shall be returned by DVC to the successful Bidder.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
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4. POWER EVACUATION AND CONNECTIVITY WITH GRID:
The solar power generated from the solar project shall be synchronized to existing 33KV
bus at DVC-Panchet switchyard, Panchet Hydel Station, through dedicated transmission
line/cable.
All necessary arrangements for connecting to the 33KV DVC grid including the
construction of separate 33KV bays for the solar plant, shall be in the scope of SPD.
All costs and losses up to the ‘Delivery Point’ will be to the account of the SPD and will not
be reimbursement by DVC. ‘Delivery Point’ shall mean the point having voltage level of
33KV at DVC-Panchet Hydel Station Switchyard.
Load Flow Study:
The load flow study for evacuation of Solar Power has been conducted by DVC and
attached as EXHIBIT-5, is for bidder information only & for further usage. The developer
may also check the correctness of the report (if felt necessary) on its own discretion and
at his own cost. However, the time taken to conduct the load flow study shall not be
considered in project completion schedule.
5. SELECTION OF BIDDER
Selection of bidder shall be based on competitive tariff based bidding. The bidders will have to submit bid quoting a fixed levellised tariff for entire Power Purchase Agreement period of 25 years. The comparison of bids shall be only on the basis of levellised tariffs for the full PPA period. The bidders have to quote Price (in Rs./KWh, up to two decimal point) for minimum generation corresponding to 19% contracted CUF of the Solar Project Capacity of 50MWp (AC). This will be the “Initial Tariff Bid” of the Bidder after which the eligible bidders shall be invited for the Reverse Bid Auction as per terms & conditions of the contract. The bidder with the lowest quoted levellised tariff shall be considered for the award. However, DVC shall have the right to reject all price bids if the rates quoted are not aligned to the prevailing market prices.
6. TIME OF COMPLETION & DELAY
The time of completion for commissioning of the Solar PV Plant (i.e., Scheduled
Commissioning Date) shall be 12 months from the date of signing of Power Purchase
Agreement (PPA).
However, the provision for ‘Part commissioning’ of Solar plant shall be guided as per the
terms & conditions stated in PPA.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
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If the commissioning of the Solar PV Plant is delayed beyond the Scheduled
Commissioning Date (SCD), the Applicable Tariff shall be dealt as per terms & conditions
of the PPA.
7. INSURANCE
The SPD shall ensure that the Solar Power Plant including all the buildings, structures
erected on the Demised Premises are insured at its own cost against any loss or damage
during the term of the Agreement period.
8. FIRE SAFETY
The SPD shall establish and maintain its own firefighting and safety equipment to avoid /
minimize the loss / damage of property / equipment in case of fire. DVC shall not be held
responsible for any loss / damage of property / equipment of SPD due to fire accidents.
9. POWER PURCHASE AGREEMENT (PPA)
DVC shall enter into Power Purchase Agreement (PPA) with the selected SPD. The PPA
shall be signed within 30 days of the date of issue of Letter of Intent (LOI). PPA will be
executed between DVC and selected bidder with the L1 bidder tariff rate discovered
through reverse bidding process. The PPA shall remain valid for a period of 25 years from
the Scheduled Commissioning Date (SCD).
The developer will be free to reconfigure and repower the solar plant from time to time
during the PPA duration. However, DVC will be obliged to buy solar power only within the
contracted Capacity Utilization Factor (CUF) as laid down in Power Purchase Agreement
(PPA).
The excess generation of solar power from the Solar Project over and above the
contracted capacity shall be purchased by DVC at the same tariff specified in the PPA.
The developers are free to operate their plant after the expiry of 25 years PPA period.
However, any extension of the PPA beyond 25 years shall be through mutual agreement
between DVC and SPD.
The draft copy of Power Purchase Agreement (PPA) to be executed between DVC and
the selected SPD is enclosed at Section IV of Vol-I
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 38 of 81
10. PROGRESS REPORT OF WORK
The SPD shall submit monthly progress report on execution of works conforming to bar
chart, network like PERT. In case of any slippage(s) or delay in execution of work,
reasons for such delay along with details of hindrances will be submitted by the SPD
along with modified Bar Chart mentioning the action plan being taken to keep the due
date of completion of project unchanged. If required, SPD shall use additional manpower
to keep the due date of completion of project unchanged.
11. COMMISSIONING OF THE SOLAR PROJECT
The Commissioning of the Projects shall be carried out by the selected SPD in line with
the procedure elaborated in ANNEXURE-B of Technical Specification of Vol.-II
DVC may authorize any individual or committee or organization to witness and validate
the commissioning procedure on site.
The commissioning certificates of the Solar Plant shall be issued by DVC after its
successful commissioning.
Commercial Operation Date (COD) shall be the date on which the commissioning
certificate is issued upon successful commissioning of the full capacity of the Project.
12. PART COMMISSIONING OF SOLAR PROJECT
Part commissioning of the Project shall be accepted by DVC subject to the condition that
the minimum capacity for acceptance of first and subsequent part(s) commissioning shall
be of 10 MW, without prejudice to the imposition of penalty, in terms of the PPA on the
part which is not commissioned. However, the Scheduled Commissioning Date will not get
altered due to part-commissioning. Irrespective of dates of part commissioning or full
commissioning, the PPA will remain in force for a period of 25 (twenty-five) years from the
Scheduled Commissioning Date (SCD).
13. TECHNICAL DOCUMENT SUBMISSION
Engineering drawings, data sheet etc. including design calculations of the different
equipment shall be prepared by the bidder and three (03) hard copies shall be submitted
to DVC for obtaining ‘NO OBJECTION’ from DVC before execution of job.
As built drawings in six (06) sets (hard copies) as well as soft copy shall be submitted to
DVC within one month from the date of successful trial run (i.e., synchronization of solar
plant to the DVC grid).
The submission of drawings/datasheets shall include but not limited to the followings:
(i) Overall layout of the Solar project
(ii) SPV array and cable route layout mentioning the details of rows and number of
modules in each row.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
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(iii) Module Mounting Structure
(iv) ACDB Layout
(v) Earthing of Electrical installations & lightning protection layout
(vi) Datasheet of Solar modules, transformers, cables, OH transmission lines,
transmission tower/pole, CT/PT, switchgears, CBs, control panel, inverters etc.
(vii) Protection & metering equipment
(viii) SCADA
14. FACILITATION CHARGES TO DVC
The SPD need to pay Rs. 0.07/KWh directly to DVC during the entire PPA period as
facilitation charges towards administrative involvement on the part of DVC in interaction
with the SPD in connection with administrative issues, operation, evacuation, metering,
scheduling of generation etc.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
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SECTION - IV
POWER PURCHASE AGREEMENT (PPA)
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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POWER PURCHASE
AGREEMENT FOR
PROCUREMENT OF 50 MW SOLAR POWER
ON LONG TERM BASIS
Between
[Insert Name of Solar Power Developer]
And
DVC
…………. [Insert month and year]
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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This Power Purchase Agreement is made on the [Insert date] day of [Insert Month] of [Insert
Year] at DVC Towers, Kolkata
Between
[Insert Name of the SPD], a company incorporated under the Companies Act 1956 or the
Companies Act 2013 as applicable, having its registered office at [Insert Registered Office
Address] (hereinafter referred to as “Solar Power Developer or SPD”, which expression shall,
unless repugnant to the context or meaning thereof, be deemed to include its successors and
permitted assignees) as a Party of the First Part;
And
Damodar Valley Corporation, Damodar Valley Corporation, a corporation constituted under
the DVC Act (Act No. XIV of 1948), having its head quarter at DVC Towers, VIP Road, Kolkata,
West Bengal-700054 (hereinafter referred to as “DVC”, which expression shall, unless
repugnant to the context or meaning thereof, be deemed to include its successors and
permitted assigns) as a Party of the second part.
The SPD and DVC are individually referred to as ‘Party’ and collectively referred to as
‘Parties’. Whereas:
A. DVC is an autonomous body and came in to existence on 7th July 1948 by an Act of the
Constituent Assembly (Act No XIV of 1948), Government of India and intends to set-up Solar
Power Plant at Panchet, in Dhanbad district, State: Jharkhand, and for sale of Solar Power
generated to DVC consumers in the State of Jharkhand and West Bengal including due
fulfilment of the Renewable Purchase Obligations specified under the Electricity Act, 2003; B. [Insert Name of the SPD] (hereinafter referred to as the ‘SPD’), has been declared as a
successful bidder against the NIT No. [Insert NIT No.] dated [XX.XX.XXXX] issued by DVC for
selection of SPDs for development of 50 MW at Panchet, in Dhanbad district,
State: Jharkhand.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 43 of 81
C. DVC has issued the Letter of Intent (LOI) [Insert LOI No.] dated………. to the SPD for
setting up of Solar PV plant of capacity 50 MW at Panchet, in Dhanbad district, State:
Jharkhand.
D. Pursuant to the issuance of LOI by DVC to the SPD, the SPD has agreed to set up the Solar
Power Project based on Photo Voltaic technology of 50 MW capacity at Panchet, in Dhanbad
district, State: Jharkhand. E. DVC has agreed to purchase the quantum of contracted capacity of Solar Power from SPD
as a Procurer and sell to the DVC consumers in the State of Jharkhand and West Bengal.
F. DVC agrees to procure power from the SPD and the SPD has agreed to sell power to DVC
up to the contracted capacity @Rs ………/kWh at levelised Tariff offered by SPD as per the terms
of this agreement.
G. The Parties have agreed to execute this Power Purchase Agreement (hereinafter referred
to as ‘Agreement/PPA’) setting out the terms and conditions for the sale of power by SPD to
DVC, as per the terms and conditions of this Agreement.
H. The SPD has submitted the Performance Bank Guarantee to DVC amounting to Rs 10
Crore with a validity of Twelve (12) months.
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:
1 ARTICLE 1: DEFINITIONS AND INTERPRETATION
1.1 Definitions
The terms used in this Agreement, unless as defined below or repugnant to the context, shall
have the same meaning as assigned to them by the Electricity Act, 2003 and the rules or
regulations framed there under, including those issued / framed by the Central Commission (as
defined hereunder), as amended or re-enacted from time to time.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 44 of 81
“Act” or “Electricity
Act, 2003”
: shall mean the Electricity Act, 2003 and include any
modifications, amendments and substitution from time to
time;
“Agreement” or “Power Purchase
Agreement” or
“PPA”
: shall mean this Power Purchase Agreement including its
recitals and Schedules, amended or modified from time to
time in accordance with the terms hereof;
“Appropriate Commission” : shall mean the State Electricity Regulatory Commission
referred to in section 82 I or the Joint Electricity Regulatory
Commission referred to in Section 83 of the Electricity Act
2003, as the case may be;
“Bill Dispute
Notice”
: shall mean the notice issued by a Party raising a Dispute regarding a
Monthly Bill or a Supplementary Bill issued by the other
Party;
“Bulk Consumer” : shall have the same meaning as provided in CERC (Indian Electricity
Grid Code) Regulations, 2010 as amended from time to
time;
“Business Day” : shall mean with respect to SPD and DVC, a day other than
Saturday, Sunday or a statutory holiday, on which the
banks remain open for business in Kolkata;
“Capacity
Utilisation
Factor” or “CUF”
: shall have the same meaning as provided in CERC
(Terms and Conditions for Tariff determination from
Renewable Energy Sources) Regulations, 2009 as
amended from time to time. However for avoidance of
any doubt, it is clarified that the CUF shall be calculated
on the Capacity at the “Delivery / Inter- connection /
Metering Point”;
“CERC” : shall mean the Central Electricity Regulatory Commission,
constituted under sub-section (1) of Section 76 of the
Electricity Act,
2003, or its successors;
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 45 of 81
“Change in Law” : shall have the meaning ascribed thereto in Article 12
of this Agreement;
“Commissioning” : shall have the meaning ascribed thereto in Article 5
of this Agreement;
“Commercial Operation
Date (COD)”
shall mean the date of successful commissioning of the full
capacity of the Project or the last part capacity of the
Project as the case may be;
“Competent Court of Law” : shall mean any court or tribunal or any similar judicial or
quasi-judicial body in India that has jurisdiction to
adjudicate upon issues relating to this Agreement;
“Consents, Clearances and
Permits”
: shall mean all authorizations, licenses, approvals,
registrations, permits, waivers, privileges,
acknowledgements, agreements, or concessions required
to be obtained from or provided by any concerned
authority for the purpose of setting up of the generation
facilities and / or supply of power;
“Contract Year” : shall mean the period beginning from the Effective Date
and ending on the immediately succeeding March 31 and
thereafter each period of 12 months beginning on April 1
and ending on March 31 provided that: (i) in the financial
year in which the Scheduled Commissioning Date (SCD)
would occur, the Contract Year shall end on the date
immediately before the SCD and a new Contract Year shall
commence once again from the SCD and end on the
immediately succeeding March 31, and thereafter each
period of twelve (12) months commencing on April 1 and
ending on March 31, and (ii) provided further that the last
Contract Year of this
Agreement shall end on the last day of the Term of this Agreement;
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 46 of 81
"Contracted
Capacity"
: shall mean 50 MWp (AC) contracted with DVC for supply
by the SPD to DVC at the Delivery Point from the Solar
Power Project
“Day” : shall mean a day, if not a Business Day, the immediately succeeding
Business Day;
“Delivery / Inter- connection /
Metering Point”
: Shall mean the interconnection point of 33KV system of
SPD with 33KV system of DVC at Panchet substation. The
SPDs shall abide by the relevant CERC/SERC Regulations,
Grid Code, and Central Electricity Authority (Installation
and Operation of Meters) Regulations, 2006 as amended
and revised or substituted from time to time.
Designated
Substation”
: Shall mean the Grid interconnecting substation located at
Panchet Switchyard, State: Jharkhand, having 33KV Grid,
as designated by
DVC for interconnection of the Solar Plant with the Grid;
“Dispute” : shall mean any dispute or difference of any kind between
DVC and the SPD, in connection with or arising out of this
Agreement including but not limited to any issue on the
interpretation and scope of the terms of this Agreement as
provided in Article 16 of this Agreement;
“Due Date” : shall have the same meaning ascribed thereto in Article 10 of this
Agreement;
“Effective Date” : shall have the meaning ascribed thereto in Article 2.1 of this
Agreement;
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“Electricity Laws” : shall mean the Electricity Act, 2003 and the rules and
regulation made there under from time to time along with
amendments thereto and replacements thereof and any
other Law pertaining to electricity including regulations
framed by the Appropriate Commission;
“Energy Accounts” : shall mean the regional energy accounts/state energy
accounts as specified in the Grid Code issued by the
appropriate agency for each Month (as per their prescribed
methodology), including their visions and amendments
thereof or where such regional energy accounts/ state
energy accounts are not issued, Joint Meter Reading (JMR)
will be considered; DVC reserves the right to choose for
many of the above.
“Expiry Date” : shall mean the date occurring twenty-five (25) years from the Commercial Operation Date subject to that the supply of power shall be limited for a period of 25 years from the Commercial Operation Date unless extended by the Parties as per this Agreement;
“Financing
Agreements”
: shall mean the agreements pursuant to which the SPD has
got financing for the Power Project including the loan
agreements, notes, indentures, security agreements, letters
of credit and other documents, as may be amended,
modified, or replaced from time to time, but without in
anyway increasing the liabilities of DVC;
“Force Majeure” or
“Force Majeure Event”
: shall have the meaning ascribed thereto in Article 11 of this
Agreement;
"Grid Code" /
“IEGC” or “State Grid Code”
: shall mean the Grid Code specified by the CERC under
Clause (h) of Sub-section (1) of Section 79 of the Electricity
Act, as amended from time to time, and/or the State Grid
Code as specified by the concerned State Commission,
referred under Clause (h) of Sub-section (1) of Section 86 of
the Electricity Act 2003, as applicable;
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
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“Implementation
Support Agreement"
Shall mean the agreement to be entered into by the SPD as provided in
Article. 3.1 (c ) of this Agreement
“Indian
Governmental
Instrumentality”
: shall mean the Government of India, Governments of West
Bengal and also any other State Government or Union
Territory and any ministry, department, board, authority,
agency, corporation, commission under the direct or
indirect control of Government of India or any of the
above state Government(s) or both, any political
subdivision of any of them including any court or
Appropriate Commission(s) or tribunal or judicial or quasi-
judicial body in India;
“Insurances” : shall mean the insurance cover to be obtained and maintained by the
SPD in accordance with Article 8 of this Agreement;
“Interconnection
Facilities”
: shall mean the facilities on SPD’s side of the Delivery Point
for scheduling, transmitting and metering the electrical
output in accordance with this Agreement and which shall
include, without limitation, all other transmission lines and
associated equipment, transformers, relay and switching
equipment and protective devices, safety equipment and
RTU, Data Transfer and Acquisition facilities for
transmitting data subject to Article 7, the Metering
System required for supply of power as per the terms of
this Agreement;
“Procurer” : shall mean DVC
“Bill” : shall mean either a Monthly Bill / Supplementary Bill raised
by SPD as per JMR.
JMR Shall mean joint meter reading witnessed by DVC & SPD for the purpose of Billing
“Late Payment
Surcharge”
: shall have the meaning ascribed thereto in Article 10.3.3 of this
Agreement;
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“Law” : shall mean in relation to this Agreement, all laws in force in
India including Electricity Laws of India and any statute,
ordinance, regulation, notification or code, rule, or any
interpretation of any of them by an Indian Governmental
Instrumentality and having force of law and shall further
include without limitation all applicable rules, regulations,
orders, notifications by an Indian Governmental
Instrumentality pursuant to or under any of them and shall
include without limitation all rules, regulations, decisions
and orders of the Appropriate Commissions;
“Letter of Credit” or
“L/C”
: shall have the meaning ascribed thereto in Article 10.4 of this
Agreement;
“MNRE” : Shall mean the Ministry of New and Renewable Energy, Government of India;
"Month" : shall mean a period of thirty (30) days from (and excluding)
the date of the event, where specified, else a calendar
month;
“National Solar Mission or NSM” : shall mean the National Solar Mission launched by the
Government of India vide resolution No.5/14/2008-P&C
dated 11th January 2010, as amended from time to time;
“Operating Period” : shall mean the period commencing from the COD/SCOD (as
applicable), until the last day of the Term of this Agreement
or date of earlier termination of this Agreement in
accordance with Article 2 of this Agreement;
“Open Access
Charges”
: shall mean the charges levied by the CTU/ RLDC / STU/
SLDC of the State wherein the Solar Power Project is
located (As per CERC/SERC regulation) for the grant of
Open Access as defined in Electricity Act
2003 and amended time to time;
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“Party” and
“Parties”
: shall have the meaning ascribed thereto in the recital to this
Agreement;
“Payment Security
Mechanism”
: shall have the meaning ascribed thereto in Article 10.4 of this
Agreement;
“Performance Bank
Guarantee”
: shall mean the irrevocable unconditional bank guarantee,
submitted by the SPD to DVC from any Nationalized bank
“Pooling Substation
/ Pooling Point”
: shall mean a point / substation as identified by DVC for
connection of the solar PV project.
“Power Project” or
“Project”
: shall mean the solar power generation facility of
Contracted Capacity of 50 MWp AC, located at Panchet
being developed by the SPD at Panchet in Jharkhand
and injection into the grid
Delivery/Interconnection/ metering point at Panchet
Substation. This includes all units and auxiliaries such as
water supply, treatment or storage facilities; bay/s for
transmission system in the switchyard, dedicated
transmission line up to the Delivery Point and all the
other assets, buildings/structures, equipment, 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 development
and construction or intended to be developed and
constructed for the purpose of supply of power as per this
Agreement,
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“Project Financing
/
Arrangements
Financial Closure”
:
shall mean arrangement of necessary funds by the Project Developer either
by way of commitment of funds by the company from its internal resources
and/or tie up of funds through a bank / financial institution by way of
sanction of a loan or letter agreeing to finance;
“Prudent Utility
Practices”
:
shall mean the practices, methods and standards that are generally accepted
internationally from time to time by electric utilities for the purpose of
ensuring the safe, efficient and economic design, construction,
commissioning, operation and maintenance of power generation equipment
and which practices, methods and standards shall be adjusted as necessary,
to take account of:
a) operation and maintenance guidelines recommended by the
manufacturers of the plant and equipment to be incorporated in the
Power Project;
b) the requirements of Indian Law; and the physical conditions at the
site of the Power Project;
“RBI” : shall mean the Reserve Bank of India;
“RLDC” : shall mean the concerned Regional Load Dispatch Centre established under
Sub-section (1) of Section 27 of the Electricity Act, 2003;
“Rebate” : shall have the same meaning as ascribed thereto in Article 10.3.5 of this
Agreement;
“Rupees”, “Rs.”, “₹” : shall mean Indian rupees, the lawful currency of India;
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“Scheduled
Commissioning
Date” or
“SCD”
: shall mean [Insert a date as on 12 months (as per NIT) from the
Effective Date];
“Solar Photovoltaic” or
“Solar PV”
: shall mean the solar photovoltaic power project that uses sunlight for
conversion into electricity and that is being set up by the SPD to provide
Solar Power to DVC as per the terms and conditions of this
Agreement;
“Solar Power” : shall mean power generated from the Solar Photovoltaic Power
Project;
“Tariff” : shall have the same meaning as provided for in Article 9 of this
Agreement;
“Tariff Payment” : shall mean the payments to be made under Monthly Bills as referred to in
Article 10;
“Termination
Notice”
: shall mean the notice given by either Parties for termination of this
Agreement in accordance with Article 13 of this Agreement;
“Term of
Agreement”
: shall have the meaning ascribed thereto in Article 2 of this
Agreement;
Part
Commissioning”
: shall mean the minimum 10 MW capacity as first and subsequent parts of
the Solar PV Capacity (AC MW) to be commissioned as per Article
5;
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1.2 INTERPRETATION
1.2.1 “Agreement" shall be construed as including a reference to its Schedules and/or Appendices
and/or Annexure; 1.2.2 An "Article”, a "Recital”, a "Schedule” and a “paragraph / clause" shall be construed as a reference
to an Article, a Recital, a Schedule and a paragraph/clause respectively of this Agreement; 1.2.3 A “crore” means a reference to ten million (10,000,000) and a “lakh” means a reference to one
tenth of a million (1, 00,000);
1.2.4 An "encumbrance" shall be construed as a reference to a mortgage, charge, pledge, lien or other
encumbrance securing any obligation of any person or any other type of preferential arrangement
(including, without limitation, title transfer and retention arrangements) having a similar effect; 1.2.5 “Indebtedness” shall be construed so as to include any obligation (whether incurred as principal or
surety) for the payment or repayment of money, whether present or future, actual or contingent;
1.2.6 A "person" shall be construed as a reference to any person, firm, company, corporation, society,
trust, government, state or agency of a state or any association or partnership (whether or not having
separate legal personality) of two or more of the above and a person shall be construed as including a
reference to its successors, permitted transferees and permitted assigns in accordance with their
respective interests;
1.2.7 "Rupee", "Rupees", “Rs” or rupee symbol “₹” shall denote Indian Rupees, the lawful currency of
India; 1.2.8 The "winding-up", "dissolution", "insolvency", or "reorganization" of a company or corporation shall
be construed so as to include any equivalent or analogous proceedings under the Law of the jurisdiction
in which such company or corporation is incorporated or any jurisdiction in which such company or
corporation carries on business including the seeking of liquidation, winding-up, reorganization,
dissolution, arrangement, protection or relief of debtors;
1.2.9 Words importing the singular shall include the plural and vice versa; 1.2.10 This Agreement itself or any other agreement or document shall be construed as a reference to this or to such other agreement or document as it may have been, or may from time to time be, amended, varied, novated, replaced or supplemented;
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
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1.2.11 A Law shall be construed as a reference to such Law including its amendments or re- enactments
from time to time; 1.2.12 A time of day shall, save as otherwise provided in any agreement or document be construed as a
reference to Indian Standard Time;
1.2.13 Different parts of this Agreement are to be taken as mutually explanatory and supplementary to each other and if there is any inconsistency between or among the parts of this Agreement, they shall be interpreted in a harmonious manner so as to give effect to each part; 1.2.14 The tables of contents and any headings or sub-headings in this Agreement have been inserted for
ease of reference only and shall not affect the interpretation of this Agreement;
1.2.15 All interest, if applicable and payable under this Agreement, shall accrue from day to day and be calculated on the basis of a year of three hundred and sixty-five (365) days; 1.2.16 The words “hereof” or “herein”, if and when used in this Agreement shall mean a reference to this Agreement; 1.2.17 The terms “including” or “including without limitation” shall mean that any list of examples following such term shall in no way restrict or limit the generality of the word or provision in respect of which such examples are provided;
2 ARTICLE 2: TERM OF AGREEMENT
2.1 Effective Date and Condition Precedent
2.1.1 This Agreement shall come into effect from signing of this PPA by both the parties i.e. …………. and
such date shall be the Effective Date for the purpose of this Agreement.
2.2 Term of Agreement
2.2.1 Subject to Article 2.1, 2.3 and 2.4, this Agreement shall be valid for a term from the Effective Date
until the Expiry Date. This Agreement may be extended for a further period at least one hundred
eighty (180) days prior to the Expiry Date on agreed terms and conditions between the Solar
Power Developer (SPD), DVC.
2.2.2 The SPD is free to operate their plants beyond the Expiry Date if other conditions like Access to DVC
site for Right to Use of Land (as applicable), permits, approvals and clearances etc. allow.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
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2.3 Early Termination 2.3.1 This Agreement shall terminate before the Expiry Date if either DVC or SPD terminates the
Agreement, pursuant to Article 13 of this Agreement.
2.4 Survival
2.4.1 The expiry or termination of this Agreement shall not affect any accrued rights, obligations and
liabilities of the Parties under this Agreement, including the right to receive damages as per the terms of
this Agreement, nor shall it affect the survival of any continuing obligations for which this Agreement
provides, either expressly or by necessary implication, which are to survive after the Expiry Date or
termination including those under Article 11 (Force Majeure), Article 13 (Events of Termination), Article
14 (Liability and Indemnification), Article 16 (Governing Law and Dispute Resolution), Article 17
(Miscellaneous Provisions), and other Articles and Schedules of this Agreement which expressly or by
their nature survive the Term or termination of this Agreement shall continue and survive any expiry or
termination of this Agreement.
2.5 Order of Precedence
2.5.1 In case of mismatch/contradiction between the provisions of different documents issued by DVC,
provisions of PPA shall prevail.
3 ARTICLE 3: CONDITIONS SUBSEQUENT
3.1 Satisfaction of conditions subsequent by the SPD
The SPD agrees and undertakes to duly perform and complete all of the following activities including
Financial Closure at the SPD’s own cost and risk within 365 days from the Effective Date, unless such
completion is affected by any Force Majeure event, or if any of the activities is specifically waived in
writing by DVC:
a) The SPD shall obtain all Consents, Clearances and Permits required for supply of power to DVC as per
the terms of this Agreement. DVC will provide the land to the SPD through an “ Access to site”
agreement signed by DVC & the SPD for a period of 26 years (which includes 01 year construction
period and 25 years of PPA) for execution of the Solar Plant Project. DVC shall have no other
obligation to recommend to any department/agency or the Govt. for the grant/permission for the
Solar Power project. The Solar Power Developer shall, on his own, obtain permissions/sanctions from
Government authorities, if any required for establishing the project. Any steps that may be taken by
DVC in regard to grant of such consents and permits or any other approval to be taken by the SPD
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
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shall only be a voluntary endeavour with no intention of being bound by any legal or binding
obligation.
b) The SPD shall make Project Financing Arrangements for its Projects(s)and shall provide necessary
documents to DVC in this regard;
c) The SPD shall fulfill the technical requirements according to criteria mentioned under Annexure A
–Technical requirement of the NIT for setting up of the Grid connected PV Solar plant at Panchet.
d) The SPD shall submit to DVC the relevant documents as stated above, complying with the
Conditions Subsequent, within 365 days period from the Effective Date.
e) The SPD shall make adequate arrangements to connect the Solar Power Project to the Panchet
switchyard, with all the Interconnection Facilities at Interconnection / Metering / Delivery Point;
3.2 Consequences of non-fulfilment of conditions subsequent
3.2.1 In case of a failure to fulfill the conditions subsequent and/or submit the documents as above, DVC
shall encash the Performance Bank Guarantee submitted by the SPD, unless the delay is on account of
delay in providing Access to Site by DVC or upgradation of switchyard by DVC for the Solar Project
Connectivity or due to Force Majeure Event.
3.2.2 For the avoidance of doubt, it is clarified that this Article shall survive the termination of this
Agreement.
3.2.3 In case of the inability of the SPD to fulfil any one or more of the conditions specified in Article 3.1
due to any Force Majeure event the time period for fulfilment of the Conditions Subsequent as
mentioned in Article 3.1, shall be extended for the period of such Force Majeure event. In case of delay in
providing Access to Site by DVC as specified in the Access to Site Agreement, other than for any reason
attributable to the SPD, such delay shall entail the SPD to a corresponding extension in scheduled
commissioning date.
3.2.4 In case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the
amount as deposited along with the Performance Bank Guarantee shall be subject to appropriation by
DVC towards liquidated damages for delay under this Agreement.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
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3.3 Performance Bank Guarantee
3.3.1 The Performance Bank Guarantee having validity of Twelve (12) months with further claim period
for six months for lodging the claim from the Effective Date @ Rs. 20 Lacs/ MW furnished by SPD under
this Agreement shall be for guaranteeing the commencement of the supply of power up to the
Contracted Capacity by the Scheduled Commissioning Date.
3.3.2 The failure on the part of the SPD to furnish and maintain the Performance Bank Guarantee shall be
a material breach of the term of this Agreement on the part of the SPD.
3.3.3 If the SPD fails to commence supply of power from the Scheduled Commissioning Date specified in
this Agreement or any further extension thereof in terms of this Agreement, subject to conditions
mentioned in Article 4.5, DVC shall be entitled to encash the Performance Bank Guarantee and
appropriate the amount together with any amount deposited in terms of Article 3.2.4 towards the
liquidated damages payable by SPD, without prejudice to the other rights of DVC under this Agreement.
3.4 Return of Performance Bank Guarantee 3.4.1 Subject to Article 3.3, DVC shall return / release the Performance Bank Guarantee three (03) months
after Commercial Operation Declaration of the Project after adjustment any liquidated damages /
penalties due to delays in commissioning as per provisions stipulated in this Agreement
3.4.2 The return / release of the Performance Bank Guarantee shall be without prejudice to other rights
of DVC under this Agreement.
4 ARTICLE 4: CONSTRUCTION & DEVELOPMENT OF THE PROJECT
4.1 SPD’s Obligations
4.1.1 The SPD undertakes to be responsible, at SPD’s own cost and risk, for:
a) obtaining at solely at its cost and responsibility all Consents, Clearances and Permits other
than those obtained under Article 3.1 and maintaining all Consents, Clearances and Permits in
full force and effect during the Term of this Agreement; and
b) designing, constructing, erecting, commissioning, completing and testing the Power
Project in accordance with the applicable Law, the Grid Code, relevant codes and standards,
the terms and conditions of this Agreement and Prudent Utility Practices; and
c) the commencement of supply of power up to the Contracted Capacity to DVC no later
than the Scheduled Commissioning Date and continuance of the supply of power throughout
the term of the Agreement;
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
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d) connecting the Power Project with Panchet switchyard with all the Interconnection
Facilities at the Delivery Point/ Metering point of Panchet switchyard;
e) owning the Power Project throughout the Term of Agreement free and clear of
encumbrances, except those expressly permitted under Article 15;
f) fulfilling all obligations undertaken by the SPD under this Agreement.
4.2 Information regarding Interconnection Facilities
4.2.1 The SPD shall be required to facilitate and execute the Interconnection Facilities for the Solar project
to enable it to design, install and operate Plant and all interconnecting apparatus/ equipment on the
SPD’s side of the Delivery Point to enable delivery of electricity at the Delivery Point at DVC-Panchet
switchyard.
4.2.2 The responsibility of getting connectivity with the transmission system up to DVC-Panchet
Substation will be entirely in SPD scope, at its own cost and responsibility. The transmission of solar
power upto the point of interconnection where the metering is done for energy accounting shall also be
the responsibility of the SPD at his own cost. The maintenance of Transmission system for the Solar
project up to the delivery point at DVC-Panchet switchyard, shall be the responsibility of the SPD.
4.2.3 The arrangement of connectivity shall be made by the SPD through a dedicated transmission line.
The entire cost of transmission including cost of construction of line, any other charges, losses etc.
from the Project up to the Interconnection Point shall be borne by the SPD and the same will not be
reimbursed by DVC. In case of any delay in connectivity to the Project and non- availability of Grid
and Transmission System during Term of this Agreement, for reasons not attributable to the SPD,
provisions of Article 4.9 shall be applicable.
4.2.4 All losses and charges including transmission losses associated with the arrangement for connecting
the solar project up to the delivery point at DVC-Panchet switchyard, will also be borne by the SPD.
4.3 Purchase and sale of Contracted Capacity
4.3.1 Subject to the terms and conditions of this Agreement, the SPD undertakes to sell solar power to
DVC and DVC undertakes to pay Tariff for all the energy supplied at the Delivery Point corresponding to
the Contracted Capacity.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
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4.4 Right to Contracted Capacity & Energy
4.4.1 DVC, at any time during a Contract Year, shall purchase the additional energy from the SPD
beyond the calculated MU generation @ 19% yearly CUF of the contracted capacity. If for any Contract
Year, it is found that the SPD has not been able to generate minimum energy of @ 19% yearly CUF of
the contracted capacity for the Term of the Agreement, on account of reasons
attributable to the SPD, such non-compliance by SPD shall make SPD liable to pay the compensation to
DVC. The compensation payable shall be applied to the amount of shortfall in generation during the
Contract Year, and shall be calculated at the tariff as per Article 9.4.
4.4.2 Any excess generation over and above the contracted capacity shall be purchased by DVC at the
tariff as per Article 9.4.
4.4.3 Any energy produced and flowing into the grid before Scheduled Commissioning Date shall not
be at the cost of DVC. DVC shall buy such power at the tariff as per Article 9.4.
4.5 Extensions of Time
4.5.1 In the event that the SPD is prevented from performing its obligations under Article 4.1 by the
Scheduled Commissioning Date due to:
a) any delay from DVC in providing Access to site and connectivity with DVC grid system; or
b) any DVC Event of Default; or
c) Force Majeure Events affecting DVC, or
d) Force Majeure Events affecting the SPD, the Scheduled Commissioning Date and the
Expiry Date shall be deferred, subject to the limit prescribed in Article 4.5.2, for a reasonable
period but not less than ‘day for day’ basis, to permit the SPD or DVC through the use of due
diligence, to overcome the effects of the Force Majeure Events affecting the SPD or DVC, or till
such time such Event of Default is rectified by DVC.
4.5.2 Subject to the Article 3.2.1 and 4.6.2, the SPD shall be required to intimate DVC about the possible
delays in providing Access to site or Connectivity in DVC grid system, at least 45 days before the scheduled
date. DVC can extend the time for financial closure up to 3 months, without any financial implications to
the SPD.
4.5.3 Subject Article 4.5.4 in case of extension occurring due to reasons specified in Article 4.5.1 any of
the date specified therein can be extended, subject to the condition that the scheduled commissioning
date would not be extended by more than twelve (12) months.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
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4.5.4 Notwithstanding anything to the contrary contained in this Agreement, any extension of the
Scheduled Commissioning Date arising due to any reason envisaged in this Agreement shall not be
allowed beyond the date determined pursuant to Article 4.6.2.
4.6 Liquidated Damages for delay in commencement of supply of power to DVC
4.6.1 If the SPD is unable to commence supply of power to DVC by the Scheduled
Commissioning Date other than for the reasons specified in Article 4.5.1 and 4.5.2, the SPD
shall pay to DVC, damages for the delay in such commencement of supply of power and making
the Contracted Capacity available for dispatch by the Scheduled Commissioning Date as per the
following:
a) Delay up to 150 Days beyond the Scheduled Commissioning Date - DVC will encash the
Performance BG on per day basis and proportionate to the Capacity not commissioned,
with 100% encashment for 150 days’ delay (corresponding to capacity not commissioned).
b) In case the commissioning of the Power Project is delayed beyond 150 days beyond the
Scheduled Commissioning Date, the pre-fixed tariff given in the Article 9.1 shall be
reduced at the rate of half paisa (0.50 paisa) per kWh per day of delay for the delay in
such remaining capacity which is not commissioned. This reduced and changed tariff shall
be applicable for the remaining capacity which is not commissioned for the entire period
of this Agreement as given in Article 4.6.3.
4.6.2 The maximum time period allowed for commissioning of the full Project Capacity with encashment
of Performance Bank Guarantee and reduction in pre-fixed tariff shall be limited to twelve (12) months
from the Effective Date of this Agreement. In case, the commissioning of the Power Project is delayed
beyond twelve (12) months from the Effective Date, the liquidated damage for that part of the capacity of
the Project not commissioned shall apply.
4.6.3 As a consequence of delay in commissioning, the applicable tariff changes, that part of the capacity
of the Project for which the commissioning has been delayed shall be accounted for, at the tariff as per
Article 9.0 of this Agreement.
4.6.4 The SPD further acknowledge that the amount of the liquidated damages fixed or the method of
calculating the liquidated damages specified in this Agreement is a genuine and reasonable pre-estimate
of the damages that may be suffered by DVC in each case specified under this Agreement”
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
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4.7 Acceptance/Performance Test
4.7.1 Prior to synchronization of the Power Project, the SPD shall be required to get the Project certified
for the requisite acceptance/performance test as may be laid down by Central Electricity Authority or an
agency identified by the central government to carry out testing and certification for the solar power
projects.
4.8 Third Party Verification 4.8.1 The SPD shall be further required to provide entry to the site of the Power Project free of all
encumbrances at all times during the Term of the Agreement to DVC and a third Party nominated by DVC
for inspection and verification of the works being carried out by the SPD at the site of the Power Project.
4.8.2 The third party may verify the construction works/operation of the Power Project being carried out
by the SPD and if it is found that the construction works/operation of the Power Project is not as per the
Prudent Utility Practices, it may seek clarifications from SPD or require the works to be stopped or to
comply with the instructions of such third party.
4.9 Off-take constraints due to Transmission Infrastructure / Grid Unavailability & Backdown:
4.9.1 Generation Compensation in off-take constraint due to Transmission Infrastructure not being
complete/ ready (Transmission constraint): After the Scheduled Commissioning Date, if the plant is ready
but the necessary power evacuation/ transmission infrastructure is not ready/unavailable, for reasons not
attributable to the SPD, leading to off take constraint, the generation compensation shall be restricted to
the following and there shall be no other claim, directly or indirectly against DVC
Transmission Constraint Provision for Generation Compensation
If the project is ready but the necessary
power evacuation/ transmission
infrastructure is not ready, leading to off-
take constraint
The normative CUF of 19% (nineteen per cent) or
committed CUF, whichever is lower, for the period of
grid unavailability, shall be taken for the purpose of
calculation of generation loss. The excess generation
by the SPD in the succeeding 3 (three) Contract Years
to the tune of generation loss as calculated above,
shall be procured by DVC at the PPA tariff as per
Article 9.1, so as to offset this loss.
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However, it is clarified that if the project is ready for commissioning prior to the Scheduled Commissioning Date, but the off-take is constrained because of inadequate/incomplete power evacuation infrastructure, no compensation shall be permissible. 4.9.2 Generation Compensation in off-take constraints due to Grid Unavailability during the operation of
the Project, generated power cannot be evacuated due to non-availability of the transmission system, for
reasons not attributable in any manner to the SPD, subject to the submission of satisfactory documentary
evidence by the SPD, the generation compensation shall be restricted to the following and there shall be
no other claim, directly or indirectly against DVC:
Duration of Grid
unavailability
Provision for Generation Compensation
Grid unavailability in a contract
year as defined in the PPA: (only
period from 8 am to 6 pm to be
counted):
Generation Loss = [(Average Generation per hour during the
contract year) × (number of hours of grid unavailability during the
contract year)]
Where, Average Generation per hour during the contract year
(kWh) = Total generation in the contract year (kWh) ÷ Total hours
of generation in the contract year
The excess generation by the SPD equal to this generation loss
shall be procured by the DVC at the PPA tariff so as to offset this
loss in the succeeding 3 (three) Contract Years.
4.9.3 Off-take constraints due to Backdown for reasons not attributable to the SPD: In the eventuality of
Backdown by DVC, the SPD shall be eligible for a minimum generation compensation, from DVC, restricted
to the following and there shall be no other claim, directly or indirectly against DVC
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Duration of Back down
Provision for Generation Compensation
Hours of Back down during a monthly billing
cycle.
Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of back down hours during the month) × PPA Tariff]
Where, Average Generation per hour during the month (kWh) =
Total generation in the month (kWh) ÷ Total hours
of generation in the month
The SPD shall not be eligible for any compensation in case the Back down is on account of events like
consideration of grid security or safety of any equipment or personnel or other such conditions. The
Generation Compensation shall be paid as part of the energy bill for the successive month.
5 ARTICLE 5: SYNCHRONISATION, COMMISSIONING AND COMMERCIAL
OPERATION
5.1 Synchronization, Commissioning and Commercial Operation
5.1.1 The SPD shall give to DVC at least sixty (60) days advanced preliminary written notice and at least
thirty (30) days advanced final written notice, of the date on which it intends to synchronize the Power
Project to the DVC Grid System.
5.1.2 Subject to Article 5.1.1, the Power Project may be synchronized by the SPD to the DVC Grid System
when it meets all the connection conditions prescribed in applicable Grid Code.
5.1.3 The synchronization equipment and all necessary arrangements / equipment including RTU for
scheduling of power generated from the Project and transmission of data to DVC as per applicable
regulation shall be installed by the SPD at its generation facility of the Power Project at its own cost. The
SPD shall synchronize its system with the Grid System only after the approval of synchronization scheme
is granted by DVC.
5.1.4 The SPD shall immediately after each synchronization/tripping of the solar power project, inform
DVC in accordance with applicable Grid Code. In addition, the SPD will inject power to grid time to time to
carry out operational/ functional test prior to commercial operation subject to applicable laws and
regulations at the project site. DVC shall not be liable to pay any price to SPD for such infirm Power
injected.
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5.1.5 The SPD shall commission the Project within twelve (12) months from the Effective Date.
5.1.6 There can be part Commissioning of the project. Part Commissioning of the project shall mean that
all equipment corresponding to the part capacity have been installed and commissioned and energy has
flown into the grid. The first part commissioning and subsequent part commissioning shall be for a
minimum of 10 MW capacity of the Solar PV Capacity (AC MW) of the station.
5.1.7 The Parties agree that for the purpose of commencement of the supply of electricity by SPD to DVC,
liquidated damages for delay etc., the Scheduled Commissioning Date as defined in this Agreement shall
be the relevant date and not the COD, as defined in the Agreement. The COD is relevant for considering
the duration of the Agreement and for the period up to which the Performance Bank Guarantee shall be
required to be maintained by the SPD under this Agreement.
6 ARTICLE 6: DELETED
7 ARTICLE 7: METERING
7.1 Meters
7.1.1 For installation of Meters, Meter testing, Meter calibration and Meter reading and all matters
incidental thereto, the SPD and DVC shall follow and be bound by the Central Electricity Authority
(Installation and Operation of Meters) Regulations, 2006, the Grid Code, as amended and revised from
time to time
7.1.2 The supply of ABT meter at 33KV voltage level at Panchet switchyard shall be in DVC scope.
However, the SPD will have to bear the cost of ABT meter to be supplied by DVC. The connection of ABT
meter to the system shall be in SPD scope and to be executed under supervision of DVC. All necessary
modifications in ABT software shall be in the scope of DVC.
7.1.3 The SPD may install meters at SPD’s side of Delivery Point, and shall bear all costs pertaining to its
installation, testing, calibration, maintenance, renewal and repair. The SPD shall be responsible for regular
downloading and transmission of the metered data to DVC.
7.1.4 In addition to ensuring compliance of the applicable codes, the SPD shall install Main & Check
meters as well as Stand-by meter(s) at Delivery Point, as per the applicable regulations where the Project
is located.
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7.2 Reporting of Metered Data and Parameters
7.2.1 The grid connected solar PV power plants will install necessary equipment for regular monitoring of
solar irradiance (including GHI, DHI and solar radiation in the module plane), ambient air temperature,
wind speed and other weather parameters and simultaneously for monitoring of the electric power (both
DC and AC) generated from the Project.
7.2.2 Online arrangement would have to be made by the solar power developer at its own cost for
submission of above data regularly for the entire period of this Power Purchase Agreement to DVC as per
applicable regulation / directions.
7.2.3 Reports on above parameters on monthly basis (or as required by regulation / guidelines) shall be
submitted by the solar power developer to DVC for entire period of PPA.
8 ARTICLE 8: INSURANCES
8.1 Insurance
8.1.1 The SPD shall effect and maintain or cause to be effected and maintained, at its own cost and
expense, throughout the Term of PPA, Insurances against all types of risks for the solar plant equipment,
which the Prudent Utility Practices would ordinarily merit maintenance under applicable laws.
8.2 Application of Insurance Proceeds
8.2.1 Save as expressly provided in this Agreement or the Insurances, the proceeds of any insurance claim
made due to loss or damage to the Power Project or any part of the Power Project shall be first applied to
reinstatement, replacement or renewal of such loss or damage.
8.2.2 If a Force Majeure Event renders the Power Project no longer economically and technically viable
and the insurers under the Insurances make payment on a “total loss” or equivalent basis, DVC shall have
claim on such proceeds of such Insurance limited to outstanding dues of DVC against SPD.
8.3 Effect on liability of DVC 8.3.1 Notwithstanding any liability or obligation that may arise under this Agreement, any loss, damage,
liability, payment, obligation or expense which is insured or not or for which the SPD can claim
compensation, under any Insurance shall not be charged to or payable by DVC. It is for the SPD to ensure
that appropriate insurance coverage is taken for payment by the insurer for the entire loss and there is no
under insurance or short adjustment etc.
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9 ARTICLE 9: APPLICABLE TARIFF
9.1 The SPD shall be entitled to receive the Tariff (henceforth will be called as PPA tariff) of Rs. [Insert
applicable tariff]/ kWh fixed for the entire term of this Agreement, with effect from the scheduled
commissioning date (SCD) subject to the Article 4.6 of this Agreement. In cases of early part-
commissioning, till SCD, DVC shall purchase the generation at the PPA tariff.
9.2 If the Commissioning of the Solar Plant is delayed beyond 150 days from the Scheduled
Commissioning Date (SCD), the Applicable Tariff given in Article 9.1, for the Solar Plant capacity not
commissioned, shall be reduced at the rate of half paisa (0.50 paisa) per unit per day of such delay for the
Solar Plant capacity not commissioned. This reduced and changed tariff shall be applicable for the
remaining capacity which is not commissioned for the entire period of this Agreement as given in Article
4.6.3.
9.3 In the event of change in tariff due to delay in commissioning of the quantum of Solar Plant capacity
i.e., Unit(s), the Weighted Average Tariff for the Contracted Capacity shall be applied considering Capacity
of Units commissioned before and after the Scheduled Commissioning Date within twelve (12) months
but after changed tariff period, as Weights for determination of Weighted Average Tariff for the period
when both the tariffs are applicable.
9.4 Subject to adjustment for shortfall in generation provided in Article 4.9.1 in the succeeding three
years, the excess generation over and above energy specified in Article 4.4.1 read with Article 4.9.1, shall
be purchased by DVC at the tariff as per Article 9.1.
10 ARTICLE 10: BILLING AND PAYMENT
10.1 General
10.1.1 DVC shall set up a payment security mechanism to ensure timely payment to the developer.
10.1.2 From the commencement of supply of power, DVC shall pay to the SPD the monthly Tariff
Payments subject to the adjustments as per provisions of this Agreement, in accordance with this Article
and Article 9. All Tariff Payments by DVC shall be in Indian Rupees.
10.2 Delivery and Content of Monthly Bills/Supplementary Bills 10.2.1 The SPD shall issue to DVC a signed Monthly Bill/Supplementary Bill for the immediately preceding
Month based on the joint meter reading by both the parties at metering point on the very first day of the
month
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The bill should be presented by SPD to DVC through e-mail/Fax/Hard copy. The Due Date for payment of
such Monthly Bill/ Supplementary Bill shall be as 30 days from the date of Invoice of the monthly
bill/Supplementary bill. If the Due date happens to be Sunday/ Bank Holiday, then next bank working day
will be considered as Due date.
Each Monthly Bill shall include all charges as per this Agreement for the energy supplied for the relevant
Month based on JMR which shall be binding on both the Parties. The Monthly Bill amount shall be the
product of the energy metered and the applicable tariff.
10.3 Payment of Monthly Bills
10.3.1 Deleted
10.3.2 All payments required to be made under this Agreement shall also include any deduction or set off
for:
i) deductions required by the Law; and
ii) Amount claimed by DVC, if any, from the SPD, through an invoice to be payable by the SPD, and
not disputed by the SPD within fifteen (15) days of receipt of the said Invoice and such deduction
or set-off shall be made to the extent of the amounts not disputed. It is clarified that DVC shall be
entitled to claim any set off or deduction under this Article, after expiry of the said fifteen (15)
Days period.
iii) The SPD shall open a bank account at [Insert name of place] (the "SPD’s Designated Account")
for all Tariff Payments (including Supplementary Bills) to be made by DVC to the SPD, and notify
DVC of the details of such account at least ninety (90) Days before the dispatch of the first
Monthly Bill. DVC shall also designate a bank account at ………. [Insert name of place] ("DVC's
Designated Account") for payments to be made by the SPD to DVC. DVC and the SPD shall
instruct their respective bankers to make all payments under this
Agreement to the SPD’s Designated Account or DVC’s Designated Account, as the case may be,
and shall notify either Party of such instructions.
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10.3.3 Rebate and Late Payment Surcharge
In the event of delay in payment of a Monthly Bill by DVC beyond thirty (30) days i.e., the Due Date, a Late Payment Surcharge shall be payable to the SPD as per JSERC Regulation on the outstanding amount calculated. The Late Payment Surcharge shall be claimed by the SPD through the Supplementary Bill or adjustments in subsequent Monthly Bill.
10.3.4 In the event of early Commissioning of the Project the payment for the power fed to the grid will
be accounted from the date of capacity commissioned, but SPD would be allowed to raise Bills against
such power only from the Scheduled Commissioning Date subject to the conditions as stipulated in Article
9.
10.3.5 For payment of any Bill on or before Due Date, the following Rebate shall be paid by the SPD to
DVC in the following manner.
a. A rebate of 2% shall be payable to the DVC for the payments made within a period of 02
(two) Business days of the presentation of Bill (excluding the date of presentation of bill)
along with required supporting documents acceptable to DVC.
Any delay in crediting the payment to SPD’s bank account due to delay in transaction of
Bank will not be attributable to DVC for availing such rebate.
b. Any payments made beyond a period of 02 (two) business days of the date of
presentation of Bill along with required supporting documents to DVC, up to the due
date shall be allowed a rebate of 1%.
c. For the above purpose, the date of presentation of Bill shall be the next Business Day of
delivery of the physical copy of the Bill to DVC.
d. No rebate shall be payable on the Bills raised on account of taxes, duties, cess etc.
10.4 Payment Security Mechanism Letter of Credit (LC): 10.4.1 Subject to opening and maintenance of Letter of Credit by DVC, DVC shall extend to the SPD, in
respect of payment of its Monthly Bills and/or Supplementary Bills, a monthly unconditional, revolving
and irrevocable letter of credit (“Letter of Credit”), which may be drawn upon by the SPD in accordance
with this Article.
10.4.2 Subject to Article 10.4.1, not later than one (01) Month before the start of supply, DVC through a
scheduled bank shall extend a Letter of Credit in favour of the SPD, to be made operative from a date
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prior to the Due Date of its first Monthly Bill under this Agreement. The Letter of Credit shall have a term
of twelve (12) Months and shall be renewed annually, for an amount equal to:
i) for the first Contract Year, equal to the estimated average monthly billing;
ii) for each subsequent Contract Year, equal to the average of the monthly billing of the
previous Contract Year.
10.4.3 The SPD shall not draw upon such Letter of Credit prior to the Due Date of the relevant Monthly Bill and/or Supplementary Bill, and shall not make more than one drawl in a Month.
10.4.4 Deleted
10.4.5 DVC shall cause the scheduled bank issuing the Letter of Credit to intimate the SPD, in writing
regarding establishing of such irrevocable Letter of Credit.
10.4.6 DVC shall ensure that the Letter of Credit shall be renewed not later than ten (10) days prior to its
expiry.
10.4.7 All costs relating to opening and maintenance of the Letter of Credit shall be borne by DVC.
10.4.8 If DVC fails to pay undisputed Monthly Bill or Supplementary Bill or part thereof within and
including the Due Date, then, subject to Article 10.4.6, the SPD may draw upon the Letter of Credit, and
accordingly the bank shall pay without any reference or instructions from DVC, an amount equal to such
Monthly Bill or Supplementary Bill or part thereof, if applicable, in accordance with Article 10.3.3 above,
by presenting to the scheduled bank issuing the Letter of Credit, the following documents:
i) a copy of the Monthly Bill or Supplementary Bill which has remained unpaid to SPD and;
ii) a certificate from the SPD to the effect that the bill at item (i) above, or specified part
thereof, is in accordance with the Agreement and has remained unpaid beyond the Due
Date;
10.5 Disputed Bill 10.5.1 If the Party does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party by
the Due Date, such Bill shall be taken as conclusive.
10.5.2 If DVC disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may
be, it shall pay 95% of the disputed amount (subject to adjustment of applicable rebate for the said 95%
payment) and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute
Notice") to the invoicing Party setting out:
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i) the details of the disputed amount;
ii) its estimate of what the correct amount should
be;
iii) and all written material in support of its claim.
10.5.3 If the SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 10.5.2, the
SPD shall revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall
be refunded along with interest at the same rate as Late Payment
Surcharge, which shall be applied from the date on which such excess payment was made by the disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund.
10.5.4 If the SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article
10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill
Disagreement Notice) to DVC providing: i) reasons for its disagreement; ii) its estimate of what the correct
amount should be; and iii) all written material in support of its counter-claim.
10.5.5 Upon receipt of the Bill Disagreement Notice by DVC under Article 10.5.4, authorized
representative(s) of DVC and SPD shall meet and make best endeavours to amicably resolve such dispute
within fifteen (15) days of receipt of the Bill Disagreement Notice.
10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill
Disagreement Notice pursuant to Article 10.5.4, the matter shall be referred to Dispute resolution in
accordance with Article 16.
10.5.7. Deleted
10.6 Quarterly and Annual Reconciliation 10.6.1 The Parties acknowledge that all payments made against Monthly Bills and Supplementary Bills
shall be subject to quarterly reconciliation within 30 days of the end of the quarter at the beginning of the
following quarter of each Contract Year and annual reconciliation at the end of each Contract Year within
30 days to take into account the Energy Accounts, Tariff adjustment payments, Tariff Rebate, Late
Payment Surcharge, or any other reasonable circumstance provided under this Agreement.
10.6.2 The Parties, therefore, agree that as soon as all such data in respect of any quarter of a Contract
Year or a full Contract Year as the case may be has been finally verified and adjusted, the SPD and DVC
shall jointly sign such reconciliation statement. Within fifteen (15) days of signing of a reconciliation
statement, the SPD shall make appropriate adjustments in the next Monthly Bill. Late Payment Surcharge
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/ interest shall be payable in such a case from the date on which such payment had been made to the
invoicing Party or the date on which any payment was originally due, as may be applicable. Any Dispute
with regard to the above reconciliation shall be dealt with in accordance with the provisions of Article 16.
11 ARTICLE 11: FORCE MAJEURE
11.1 Definition
"Force Majeure Event" means any act or event that prevents the affected Party from performing its
obligation in accordance with the Agreement, if such act or event is beyond the reasonable control of
the affected Party and such Party had been unable to overcome such act or event with the exercise
of due diligence (including the expenditure of reasonable sums). Subject to the foregoing conditions,
"Force Majeure Event" shall include without limitation the following acts or events: (i) natural
phenomena, such as storms, hurricanes, floods, lightning, volcanic eruptions and earthquakes; (ii)
explosions or fires arising from lighting or other causes unrelated to the acts or omissions of the Party
seeking to be excused from performance; (iii) acts of war or public disorders, civil disturbances, riots,
insurrection, sabotage, epidemic, terrorist acts, or rebellion. A Force Majeure Event shall not be
based on the economic hardship of either Party. In case of any damage because of force majeure
event, the System shall be repaired / commissioned at its own cost by the Power Producer.
11.2 Excused Performance
Except as otherwise specifically provided in the Agreement, neither Party shall be considered in
breach of the Agreement or liable for any delay or failure to comply with the Agreement, if and to the
extent that such delay or failure is attributable to the occurrence of a Force Majeure Event; provided
that the Party claiming relief under this Section 11 shall immediately (i) notify the other Party in
writing of the existence of the Force Majeure Event, (ii) exercise all reasonable efforts necessary to
minimize delay caused by such Force Majeure Event, (iii) notify the other Party in writing of the
cessation or termination of said Force Majeure Event. Any party claiming the benefit of this clause shall
reasonably satisfy the other party of the existence of such an event and give written notice within a
reasonable time which shall not be later than 30 days from the happening of Force Majeure event to the
other party to this effect. Failure to notify the other party in writing of the happening of force majeure
event within 30 days from the date of such event shall not be treated as force majeure event.
Generation/drawl of power shall be started as soon as practicable by the parties concerned after such
eventuality has come to an end or ceased to exist.
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12 ARTICLE 12: CHANGE IN LAW
12.1 Definitions
In this Article 12, the following terms shall have the following meanings:
12.1.1 "Change in Law" means the occurrence of any of the following events after the last date of bid
submission resulting into any additional recurring/ non-recurring expenditure by the SPD or any income
to the SPD:
a. the enactment, coming into effect, adoption, promulgation, amendment,
modification or repeal (without re-enactment or consolidation) in India, of any Law,
including rules and regulations framed pursuant to such Law;
b. a change in the interpretation or application of any Law by any Indian
Governmental Instrumentality having the legal power to interpret or apply such Law, or
any Competent Court of Law;
c. the imposition of a requirement for obtaining any Consents, Clearances, Permits
and/or licenses which was not required earlier;
d. a change in the terms and conditions prescribed for obtaining any Consents,
Clearances and Permits or the inclusion of any new terms or conditions for obtaining
such Consents, Clearances and Permits; except due to any default of the SPD;
e. any statutory change in tax structure or introduction of any new tax made
applicable for setting up of Solar Power Project and supply of power by the SPD after
the date of submission of Bid, shall be treated as per the terms of this Agreement. For
the purpose of considering the effect of this change in Tax structure due to change in
law after the date of submission of Bid under this part, the date of the submission of
the bid shall be considered as effective date and not the date of the signing of the PPA
as applicable to other changes dealt in other parts of this Article 12.1
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12.2 Relief for Change in Law
12.2.1 The aggrieved Party shall be required to approach the Central Commission for seeking approval of
Change in Law.
12.2.2 The decision of the Central Commission to acknowledge a Change in Law and provide relief for
the same, shall be final and governing on both the Parties.
13 ARTICLE 13: EVENT OF TERMINATION
Termination as a Consequence of Force Majeure Event
If a Force Majeure Event as specified in Article 11, shall have occurred that has affected the
Power Producer's performance of its obligations hereunder and that has continued for a
continuous period of one hundred eighty (180) days, then Purchaser shall be entitled to
terminate the Agreement. Upon such termination for a Force Majeure Event, neither Party
shall have any liability to the other (other than any such liabilities that have accrued prior to
such termination).
14 ARTICLE 14: LIABILITY AND INDEMNIFICATION
14.1 Indemnity
14.1.1 The SPD shall indemnify, defend and hold DVC harmless against:
a) SPD’s claim against DVC for any loss of or damage to property, or death or injury, arising out
of a breach by the SPD of any of its obligations under this Agreement;
and
b) any losses, damages, costs and expenses including legal costs, fines, penalties and interest
actually suffered or incurred by the SPD arising by reason of a breach by the SPD of any of its
obligations under this Agreement,
14.1.2 DVC shall indemnify, defend and hold the SPD harmless against:
a) DVC’s claim against the SPD, for any loss of or damage to property, or death or injury,
arising out of a breach by DVC of any of its obligations under this Agreement; and
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b) any losses, damages, costs and expenses including legal costs, fines, penalties and interest
actually suffered or incurred by DVC arising by reason of a breach by DVC of any of its
obligations under this Agreement.
14.2 Procedure for claiming Indemnity
14.2.1 Where the Indemnified Party is entitled to indemnification from the Indemnifying Party pursuant
to Article 14.1.1(a) or 14.1.2(a), the Indemnified Party shall promptly notify the Indemnifying
Party of such claim referred to in Article 14.1.1(a) or 14.1.2(a) in respect of which it is entitled to
be indemnified. Such notice shall be given as soon as reasonably practicable after the
Indemnified Party becomes aware of such claim. The Indemnifying Party shall be liable to settle
the indemnification claim within thirty (30) days of receipt of the above notice. Provided
however that, if:
i) the Parties choose to refer the dispute before the Arbitrator in accordance with
Article 16.3.2; and
ii) the claim amount is not required to be paid / deposited in resolution of the
Dispute, the Indemnifying Party shall become liable to pay the claim amount to
the Indemnified Party, promptly following the resolution of the Dispute, if such
Dispute is not settled in favour of the Indemnified Party.
14.2.2 The Indemnified Party may contest the claim by seeking adjudication of the Central Commission
for which it is entitled to be Indemnified under Article 14.1.1(a) or 14.1.2(a) and the
Indemnifying Party shall reimburse to the Indemnified Party all reasonable costs and expenses
incurred by the Indemnified party. However, such Indemnified Party shall not settle or
compromise such claim without first getting the consent of the Indemnifying Party, which
consent shall not be unreasonably withheld or delayed. An Indemnifying Party may, at its own
expense, assume control of the defence of any proceedings brought against the Indemnified
Party if it acknowledges its obligation to indemnify such Indemnified Party, gives such
Indemnified Party prompt notice of its intention to assume control of the defence, and employs
an independent legal counsel at its own cost that is reasonably satisfactory to the Indemnified
Party.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
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Page 75 of 81
14.3 Indemnifiable Losses
14.3.1 Where an Indemnified Party is entitled to Indemnifiable Losses from the Indemnifying Party
pursuant to Article 14.1.1(b) or 14.1.2(b), the Indemnified Party shall promptly notify the
Indemnifying Party of the Indemnifiable Losses actually incurred by the Indemnified Party. The
Indemnifiable Losses shall be reimbursed by the Indemnifying Party within thirty (30) days of
receipt of the notice seeking Indemnifiable Losses by the Indemnified Party. In case of non-
payment of such losses after a valid notice under this Article14, such event shall constitute a
payment default under Article13.
14.4 Limitation on Liability
14.4.1 Except as expressly provided in this Agreement, neither the SPD nor DVC shall be liable or
responsible to any other Party for incidental, indirect or consequential damages, connected with or
resulting from performance or non-performance of this Agreement, or anything done in connection
herewith, including claims in the nature of lost revenues, income or profits (other than payments
expressly required and properly due under this Agreement), any increased expense of, reduction in or loss
of power generation or equipment used therefore, irrespective of whether such claims are based upon
breach of warranty, tort (including negligence, strict liability, contract, breach of statutory duty,
operation of law or otherwise.
14.4.2 DVC shall have no recourse against any officer, Director or shareholder of the SPD or any Affiliate
of the SPD or any of its officers, Directors or shareholders for such claims excluded under this Article. The
SPD shall have no recourse against any officer, director or shareholder of DVC for such claims excluded
under this Article.
14.5 DVC Liability 14.5.1 Notwithstanding anything to the contrary contained in this Agreement, the SPD acknowledge and
accept that DVC is a Generating as well as Distributing Company to purchase and re-sell the electricity to
fulfil the Renewable Purchase Obligations (RPO) and, therefore, the performance of the obligations of
DVC under this Agreement shall be subject to the ability of DVC. DVC shall discharge the tariff payment
obligation in terms of the provision of this Agreement;
14.5.2 The parties agree that in respect of the obligations other than the tariff payment obligation
specifically mentioned herein above, in the event the SPD has any claim against DVC in regard to the
performance of any obligation of DVC under this Agreement or enforcement of any right of the SPD
against DVC under this Agreement, the same shall be subject to the ability of DVC.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 76 of 81
14.5 Duty to Mitigate
14.5.1 The Parties shall endeavour to take all reasonable steps so as mitigate any loss or damage
which has occurred under this Article 14.
15 ARTICLE 15: ASSIGNMENTS AND CHARGES
15.1 Assignments
This Agreement shall be binding upon, and inure to the benefit of both the Parties. This
Agreement shall not be assigned by any Party other than by mutual consent between the Parties
to be evidenced in writing. Such assignment shall be agreed to by DVC subject to the compliance
of provisions contained in this Agreement and more specifically to the provisions of Article 4.1.1
of this Agreement. In no case, such assignment shall be permissible prior to the declaration of
COD. The enforcement of the rights and obligation between the SPD and DVC provided in this
Agreement and in the PPA shall not be treated as an assignment but an enforcement of the terms
agreed under this Agreement.
15.2 Permitted charges
15.2.1 SPD shall not create or permit to subsist any encumbrance over all or any of its rights and benefits
under this Agreement, other than as set forth in Article 15.1.
16 ARTICLE 16: GOVERNING LAW AND DISPUTE RESOLUTION
16.1 Governing Law
16.1.1 This Agreement shall be governed by and construed in accordance with the Laws of India. Any legal
proceedings in respect of any matters, claims or disputes under this Agreement shall be under the
jurisdiction of appropriate courts in Kolkata.
16.2 Amicable Settlement and Dispute Resolution
16.2.1 Amicable Settlement
(i) Either Party is entitled to raise any claim, dispute or difference of whatever nature arising under,
out of or in connection with this Agreement (“Dispute”) by giving a written notice (Dispute Notice)
to the other Party, which shall contain:
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 77 of 81
(a) a description of the Dispute;
(b) the grounds for such Dispute; and (c) all written material in support of its claim.
(ii) The other Party shall, within fifteen (15) days of issue of Dispute Notice issued under Article
(i), furnish:
(a) counter-claim and defences, if any, regarding the Dispute; and
(b) all written material in support of its defences and counter-claim.
(iii) Within thirty (30) days of issue of Dispute Notice by any Party pursuant to Article 16.2.1(i) if
the other Party does not furnish any counter claim or defence under Article 16.2.1(ii) or
thirty (30) days from the date of furnishing counter claims or defence by the other Party,
both the Parties to the Dispute shall meet to settle such Dispute amicably. If the Parties fail
to resolve the Dispute amicably within thirty (30) days from the later of the dates mentioned
in this Article 16.2.1 (iii), the Dispute shall be referred for dispute resolution in accordance
with Article 16.3.
16.3 Dispute Resolution
16.3.1 Dispute Resolution by the Central Commission
(i) Where any Dispute (a) arises from a claim made by any Party for any change in or
determination of the Tariff or any matter related to Tariff or claims made by any Party which
partly or wholly relate to any change in the Tariff or determination of any of such claims
could result in change in the Tariff, or (b) relates to any matter agreed to be referred to the
Central Commission, or (c) any dispute arising out of or in connection with this agreement not covered in (a) and (b) above, such Dispute shall be submitted to adjudication by the Central Commission.
(ii) DVC shall be entitled to co-opt a supporting party in such proceedings before the Central
Commission.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 78 of 81
16.4 Parties to Perform Obligations
16.4.1 Notwithstanding the existence of any Dispute and difference referred to the Central Commission
as provided in Article 16.3 and save as the Central Commission or the Arbitration Tribunal to which the
dispute may be referred by the Central Commission may otherwise direct by a final or interim order, the
Parties hereto shall continue to perform their respective obligations (which are not in dispute) under this
Agreement.
17 ARTICLE 17: MISCELLANEOUS PROVISIONS
17.1 Amendment
17.1.1 Subject to the provisions of Clause ……….. of the NIT Document and Article 3.1 (c) of this
Agreement and keep this Agreement as principle Agreement, both Parties may execute further
Agreement on similar terms and conditions.
17.2 Third Party Beneficiaries
17.2.1 This Agreement is solely for the benefit of the Parties, and shall not be construed as creating any
duty, standard of care or any liability to, any person not a party to this Agreement.
17.3 Confidentiality
17.3.1 The Parties undertake to hold in confidence this Agreement and not to disclose the terms and
conditions of the transaction contemplated hereby to third parties, except:
• to their professional advisors;
• to their officers, contractors, employees, agents or representatives, financiers, who need to have
access to such information for the proper performance of their activities; or
• disclosures required under Law without the prior written consent of the other Party.
17.4 Deleted
17.5 Deleted
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 79 of 81
17.6 Notices
17.6.1 All notices or other communications which are required to be given under this Agreement shall
be in writing and in the English language.
17.6.2 If to the SPD, all notices or other communications which are required must be delivered personally
or by registered post or facsimile or any other method duly acknowledged to the addresses below: Address :
Attention :
Email :
Fax. No. :
Telephone No. :
17.6.3 If to DVC, all notices or communications must be delivered personally or by registered post or
facsimile or any other mode duly acknowledged to the address(es) below:
Address : ED (Commercial)
DVC Towers
VIP Road, Kolkata, West Bengal - 700054
Fax. No. :
Email ID. :
17.6.4 All notices or communications given by facsimile shall be confirmed by sending a copy of the same
via post office in an envelope properly addressed to the appropriate Party for delivery by registered mail.
All notices shall be deemed validly delivered upon receipt evidenced by an acknowledgement of the
recipient, unless the Party delivering the notice can prove in case of delivery through the registered post
that the recipient refused to acknowledge the receipt of the notice despite efforts of the postal
authorities.
17.6.5 Any Party may by notice of at least fifteen (15) days to the other Party change the address and/or
addresses to which such notices and communications to it are to be delivered or mailed.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
VOL - I
OF 4
Page 80 of 81
17.7 Language
17.7.1 All agreements, correspondence and communications between the Parties relating to this
Agreement and all other documentation to be prepared and supplied under the Agreement shall be
written in English, and the Agreement shall be construed and interpreted in accordance with English
language.
17.7.2 If any of the agreements, correspondence, communications or documents are prepared in any
language other than English, the English translation of such agreements, correspondence,
communications or documents shall prevail in matters of interpretation. 17.8 Deleted
17.9 Taxes and Duties
17.9.1 The SPD shall bear and promptly pay all statutory taxes, duties, levies and cess, assessed/ levied on the SPD, contractors or their employees that are required to be paid by the SPD as per the Law in relation to the execution of the Agreement and for supplying power as per the terms of this Agreement.
17.9.2 DVC shall be indemnified and held harmless by the SPD against any claims that may be made
against DVC in relation to the matters set out in Article 17.9.1.
17.9.3 DVC shall not be liable for any payment of, taxes, duties, levies, cess whatsoever for discharging
any obligation of the SPD by DVC on behalf of SPD.
17.10 Deleted
17.11 Compliance with Law
Despite anything contained in this Agreement but without prejudice to this Article, if any provision of this
Agreement shall be in deviation or inconsistent with or repugnant to the provisions contained in the
Electricity Act, 2003, or any rules and regulations made there under, such provision of this Agreement
shall be deemed to be amended to the extent required to bring it into compliance with the aforesaid
relevant provisions as amended from time to time.
17.12 Breach of Obligations The Parties acknowledge that a breach of any of the obligations contained herein would result in injuries.
The Parties further acknowledge that the amount of the liquidated damages or the method of calculating
the liquidated damages specified in this Agreement is a genuine and reasonable pre-estimate of the
damages that may be suffered by the non-defaulting party in each case specified under this Agreement.
HQ/C&M/SPE/Solar Power-DBOT (50 MW) /Panchet
DAMODAR VALLEY CORPORATION
Setting up of Grid connected PV Solar plant of capacity 50 MWp (AC), under Developer Model in Design-Build-Operate-Transfer (DBOT) mode at Panchet, DVC, Jharkhand
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OF 4
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IN WITNESS WHEREOF the Parties have caused the Agreement to be executed through their duly
authorized representatives as of the date and place set forth above.
For and on behalf of For and on behalf of
[DVC]
[Insert the Name of the SPD]
Name, Designation and Address Name, Designation and Address
(Signature with Seal) (Signature with Seal)
Witness: Witness:
1. 1.
2. 2.
SCHEDULE I
PARTICULARS OF THE PROJECT
S
No.
Name of the Project Location Capacity of the
Project
1
DVC- Panchet
50 MW