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 proceeding Financial year.
- Turnover 0.50 Cr per MW of the quoted Capacity during the last three Financial Years.
- 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