Key Features
- Application May be Individual/ Group of Companies / Company Consortium.
- Net worth 1 Cr per MW of the quoted Capacity as on last day of the immediately preceding Financial year.
- Turnover Rs. 50 lakhs per MW of the quoted Capacity during the last three Financial Years. or PBIDT Rs.10 lakhs per MW. For Individual with no income from business income may submit Principal line of credit Rs. 12.50 lakhs per MW.
- Solar PV modules/cells to comply with ALMM I & II requirements and BIS standards as applicable on procurement and commissioning dates.
- Tariff Rate 2.90
- Minimum Capacity utilization Factor : CUF 19%
- Central and State Financial assistance (CFA/ SFA) not applicable ,
- Early commissioning Incentive not applicable
- Application Fee 1000/ + GST 18%, ( Non-refundable) Processing Fee 50,000/ + GST 18% ( Non-refundable)
- E- Performance Bank Guarantee 5 lakh per MW payable at Mumbai Branch
- Modern Technical Requirements: BIS certified Equipment, ALMM-compliant Solar PV Modules. SCADA / RTU integration, Grid Code compliance, ABT / SEM Metering, Forecasting & Scheduling., Protection and communication systems RMS
- Power Purchase Agreement (PPA) Tenure 25- years