Terms & Conditions
Project Overview
- Capacity: ____MW AC (As per design)
- Location: Punjab
- Tenure: 25 years
- Tariff: ₹——-/kWh at generator busbar
Equity & SPV Structure
- Buyer will hold 26% equity in the SPV to qualify as a Captive Consumer. Equity to be returned at face value after 25 years or upon termination
Equity Infusion Schedule
•Buyer to infuse equity in phases, starting from Term Sheet execution to project commissioning.
Commercial Operation Date (COD)
- Scheduled COD: 12 months from definitive agreement execution, with 6-month grace.
- COD can be extended due to force majeure, regulatory delays, or Buyer’s default.
Definitive Agreements
Includes:
• SSA, SHA, SSSHA, PPA, and other mutually agreed documents.
Tariff & Charges
- Base tariff: ₹_____/kWh
- Delivered tariff: ₹_____/kWh (inclusive of applicable charges)
- Buyer bears all additional charges beyond interconnection point.