Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
PROPOSAL FOR 1.0 MW SOLAR PV PROJECT TELANGANA, INDIA
ISO 9001 – 2008 ORGANISATION
ENRICH ENERGY PVT. LTD. Head Office Phone Fax Web
: 201-A,’The Orion Building’, 5 Koregoan Park Road, Pune-411001 : +91 20 26050080 : +91 20 26050079 : www.enrichenergy.com
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
Reference No: Enrich/Solar/14-15/180
Date: 4th Feb, 2015
To, Mr. Ajinkya Padwal
Subject
: Proposal for 1.0 MW of Solar Photovoltaic (PV) Power Project in the State of Telangana.
Dear Sir, We thank you for providing us an opportunity to submit our proposal for developing 1.0 MW Solar PV Project in the state of Telangana. We would like to introduce our company “Enrich Energy Pvt. Ltd.”, headquartered at Pune, India, an ISO 9001:2008 certified Turnkey Solar energy developer. We are amongst pioneer and leading Solar developer in India to develop Mega Watt scale Solar PV Parks on Turnkey basis. Our Solar Parks provides Hassle free opportunity for investment in Solar Power projects. Our Turnkey solutions comprises of Concept to Commissioning of Solar power projects and further operating and maintaining them throughout the life time of the projects. We are pleased to inform you that we have commissioned largest private solar Power Park at a single location i.e. 37 MW at site Mandrup, Tal. South Solapur, Dist. Solapur & developing new Solar Park of 25 MW at site Karajgi, Tal. Akkalkot, Dist. Solapur in the state of Maharashtra and 60 MW in the state of Telangana. We are also planning to develop large scale 100 MW Solar PV Project at Osmanabad District. Further we are expanding our operations in various states of INDIA to develop utility scale solar parks i.e. 80 MW in the state of Karnataka and 50 MW in the state of Gujarat. At Enrich, our team consists of experts from renewable, power segment & especially from solar sector, capable to execute large scale Solar PV project in compliance with Stringent Quality, Best of Industry Practices and Regulatory & Statutory norms. Enrich presents unique opportunity of investing into Solar Park in the State of Telangana with PPA arrangement with State Utility for a 60 MW capacity during FY 2014-15.
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
Salient features of the Solar Park: Solar Park capacity PPA Tariff PPA Tenure PPA Signing Discom
60.00 MW Rs. 6.49 / kWh 20 years Southern Power Distribution Company of T.S. Limited (TSSPDCL) Investment Size 1.00 MW & above Payment Cycle 30 days from date of invoice submission to TSSPDCL Accelerated Depreciation Allowed Tax Holiday On Power Allowed Revenue Clean Development 1st year – 100% to Investor Mechanism (CDM) 2nd year – 90% to Investor , 10% to DISCOM 3rd year – 80% to Investor , 20% to DISCOM 4th year – 70% to Investor , 30% to DISCOM 5th year – 60% to Investor , 40% to DISCOM 6th year – 50% to Investor , 50% to DISCOM Where after the proceeds shall be shared in equal proportion, by the investor and DISCOM. It is our endeavor to harness this clean source of energy by developing high performing and superior quality Solar projects ensuring lucrative returns for our customers. We welcome you to explore and invest in Solar Park and be a part of sustainable growth of India. Meantime, if you require any further information / clarification on the subject matter, we shall be happy to furnish the same. Thanking you.
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
Yours faithfully, For Enrich Energy Pvt. Ltd.
Pradeep V. Patil Head – Business Development
Enclosed: Executive Summary Commercial Proposal Site Map
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
EXECUTIVE SUMMARY PROPOSAL FOR 1.0 MW OF SOLAR PV PROJECT IN STATE OF TELANGANA. A. EXECUTIVE SUMMARY:
Brief about Project: The proposed project is a grid connected, ground mounted 1.0 MW Solar PV Power Project to be developed in the State of Telangana.
Site Details: In the state of Telangana.
Project Cost: The Total Project Cost is as follows: Sr. No. Particulars 1
1.0 MW Solar PV Power Plant with PolyCrystalline Technology
Total Cost (Rs in Lakhs) Rs.721 Lakhs
Service tax shall be extra as applicable in the above price.
Power Generation: The average net estimated power generation for Solar PV project using Crystalline PV module shall be 15.50 Lacs units p.a. for 1.0 MW project for 1st year of operation starting from 61st day from commissioning.
Technology:
Poly Crystalline Solar PV modules from leading manufacturers. Solar Module mounting fix structure with MS hot dip galvanized Solar PV Central Inverters from leading manufacturers Compact Substation (CSS) to feed generated energy to grid at 33 KV. Balance of plant – Civil & Electrical as per design Grid connectivity and Power Evacuation for Solar park Remote Monitoring System at Site CCTV Security System for the entire solar park (Common Infrastructure) Precast Boundary compound wall for the entire Solar Park (Common Infrastructure)
Execution Time Frame: Commissioning of Project on or before 31st Aug, 2015.
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
B. COMMERCIAL PROPOSAL: 1. Price Sr. No.
Particulars
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Suitable Land and Land development
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Supply of Poly Crystalline Solar PV modules
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Supply of Solar PV central Inverters
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Supplies of Compact Substation (CSS) to feed generated energy to grid at 33 KV Supply of Module mounting fix structure with MS hot dip galvanized Supply of Electrical Items & Components for balance of plant viz. Solar PV Cables, Combiner Box, DC & AC Cables, Gantry Structure, Equipment Structure, Cable Trench and other Hardware Electrical works for solar project viz Internal transmission lines, electrical earthing, Lightning protection etc.
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7 8
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Price for 1.0 MW
Rs.721 Lacs
Civil works for solar power project viz. Module mounting foundation, Compact substation and inverter section plinth and civil works, Fencing, etc. Erection, Installation, Testing and Commissioning of Photovoltaic System, HT System of the Solar Power Project. Total : Seven Crores & Twenty One Lacs Only Service Tax shall be charged extra as applicable
Rs.721 Lacs
2. Price basis
The above price includes all other Taxes, Duties, Cess, and other Levies etc at the prevailing rates including transportation and transit insurance. Service tax shall be extra as applicable in the above price.
In the event of introduction of any taxes, duties, import duties, cess and levies and / or any increase in or introduction of new taxes, duties, cess and levies, these will be payable extra by you. The period for considering these additional incidences of taxes, duties, cess, levies, etc. will be from the date of order till date of commissioning.
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
You shall provide ‘C-Form’ incase of interstate dispatches.
You shall register with Indian Custom Authorities and will obtain Import Export Code (IEC) for High Sea Sale Agreement of Solar PV Modules, Solar Inverters and any other goods which may be required for project.
In case of Import of Solar PV Modules / Inverter (in Part or Full of above ordered quantity), we shall enter for High Sea Sales Agreement.
You shall provide all the required support and documents in stipulated time to avail MNRE concession of Excise duty & Custom duty on applicable items has been considered, however if the same cannot be obtained because of the noncompliance, non-submission of documents or any other default from your side, then the applicable duties of Excise and custom shall be charged extra to you.
3. Payment Terms: The terms of payment for the scope of supply as mentioned in this Proposal Letter are as under:
30% as an interest free advance along with the order.
70% on pro rata supply of material and completion of site works. (The payment towards order of solar PV modules / inverter shall be made on confirmation from module, Inverter supplier for readiness of supply before dispatch.)
Any delay in payment may result in delay in execution of supplies under the order accordingly. Further, an interest @15% p.a. with monthly rests will be payable in case of delayed payments from the date of milestones as stated above till the date of actual payment.
Further, in the event the interest free advance as stated above is not received, we shall have the right to terminate this Proposal and shall have no further obligations under this proposal. Payment Security
As payment security, you agree to open an LC/ Bank Guarantee of value equivalent to 70% of the Order Value. This LC/Bank Guarantee shall be in place at the time of execution of this Purchase Order. It shall be valid for the entire period of supply and the
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
proportionate payment against supply shall be drawn from the LC. In case of any delay in payment, we shall have the right to draw upon the Bank Guarantee.
In any case, if all the payments are not effected by you within a maximum period of 90 days from the date of its invoice, we will be entitled to charge a penal interest @ 24% p.a. with monthly rests till the date of actual payment. This shall be in addition to other remedies prescribed in this Proposal elsewhere. Performance Bank Guarantee You shall furnish the Performance Bank Guarantee to concerned DISCOM to the extent of 10 lakhs per MW in the form of three separate BGs on the name of concerned CGM/DISCOMs for 2 lakhs, 3 lakhs and 5 lakhs respectively valid for a period of 24 months from the date of signing of PPA.
4. Delivery & Completion Period:
We shall complete the supplies, installation and commissioning of the project on or before 31st Aug, 2015.
5. Operation & Maintenance Service:
We shall provide free of cost Operation, Maintenance, Security, Spares and Consumables for the 1st year of operation commencing from commissioning date. Operation & Maintenance Services shall be chargeable from 2nd years onwards as follows: 1 The charges from 2nd years for comprehensive operation & maintenance, including spares shall be Rs.9.0 Lacs p.a. for 1.0 MW. 2 The annual increase in O&M charges shall be 5% over previous year charges. 3 The agreement period shall be for 5 years. 4 All applicable Taxes & Duties shall be extra.
6. Insurance:
We will take suitable Transit Insurance Policy for transportation of goods as defined in the scope from our factory / vendor’s ex-works to your project site. You shall take necessary Insurance Policy for Solar PV project to cover various risks including, but not limited to Fire & Allied Perils, Earthquake, Theft, Burglary, Damages, Third Party Risks, Terrorism, Riots, etc. as soon as the project is commissioned at your Project site. Short settlement of insurance claim, if any, would be on your account.
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
7. Estimated Power Generation
The net estimated power generation from Solar PV project using Crystalline PV module shall be 15.50 Lacs units for 1.0 MW p.a for 1st year of operation starting from 61st day from commissioning. The deration in generation along the project life shall be gradual and cumulative approx 20% over 25 year’s life of project. The estimated generation shall be treated as indicative and shall not to be construed as Power Generation Guarantee in any case.
8. Force Majeure: The following clauses which substantially affect the performance of the Contract shall only be considered as Force Majeure conditions. Natural phenomena, including but not limited to floods, droughts, earthquakes and epidemics. Acts of any Government, domestic or foreign, including but not limited to war, Declared or undeclared, quarantines, embargoes. In case the completion of line delayed due to ROW issues or clearance from statutory authorities, or any reasons which can be attributed to such issues, this shall be deemed to be a Force Majeure Condition. Any changes in country laws, trade restrictions, imposition of penal duties and levies adversely affecting continuation of contractual commitments.
9. Warranty
We will provide 1st year warranty effective from the date of commissioning against all defects in components, material and manufacturing supplied by us. We will undertake all repairs/replacements of the goods parts as required during the warranty period at free of cost to you. The warranties provided by PV module supplier shall be as per actual and terms therein. These warranty provisions will be null & void, if the goods are opened in the absence of our engineers/ authorized persons or without our prior written consent. This Warranty will not cover damages caused due to lightening, over voltage & normal wear & tear. The above warranty is subject to full payment received by us as per agreed terms. In case there is delay in commissioning due to reasons attributable to you, including but not limited to lack of payments as per terms of the Order or your instructions to delay installation and/ or commissioning of project for any reason etc., the warranty terms mentioned herein would begin from the 31st day from the date of supply.
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
10. Suspension of Supplies / Work In the event of suspension of supplies/ work on your instructions or lack of instructions during the tenure of Order arising out of this Proposal for 7 (Seven) days at a stretch or for cumulative period of 30 (Thirty) days in the total Order Period, you will be liable to compensate us at the rates & terms to be mutually agreed. We reserve the right to foreclose the Order and recover the losses from you, in case the suspension is beyond 60 days.
11. Confidentiality You acknowledge that certain Confidential Information including the information pertaining to the solar projects and working of our company may be disclosed to you and therefore, you hereby agree to keep all such information strictly confidential and shall not use the same for any purpose other than for evaluation of the Projects. "Confidential Information'' for the purposes of this Proposal means any and all information (whether marked as confidential or not), whether past, present or future, disclosed by us to you directly or indirectly, orally or in writing or in any form or through any medium including without limitation information relating to (i) existing or contemplated structure, business proposal, operations, marketing, intellectual property or management, employees, contractors, our consultants, (ii) trade secrets, (iii) all data, materials, processes, operations, manuals, business plans, marketing plans, financial information, and other information regarding the business, operations, management or affairs, (iv) other proprietary information, and (v) information relating to our clients.
Ownership of information You agree and acknowledge that our company is the sole and exclusive owner of all the rights, title and interest in any and all intellectual property and/or proprietary rights, in the information /details provided by us pursuant to this Proposal and you shall not have or claim any right, title or interest in the same in any manner howsoever and you shall not use the said information for any purpose other than for evaluation of the proposal. Any public/ media statement concerning this Proposal or any information/ details provided therein or details of Order pursuant to this Proposal shall be released with our prior consent and approval.
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
12. Arbitration If at any time any question, any dispute and/or differences whatsoever shall arise between the parties due to any conditions and failing amicable settlement the same shall be referred to an arbitrator under the Indian Arbitration & Conciliation Act 1996 or any statutory modifications of the same prevalent at the time. The venue of such arbitration will be Pune.
13. Jurisdiction Any dispute arising out of the Order against this Proposal shall be subject to the jurisdiction of the court in the city of Pune.
14. Cancellation Work Order once placed will not be cancelled except with our written consent and after compensating the loss, if any to us.
15. Limitation of Liability Our maximum aggregate liability arising out of or in connection with the Order with reference to this Proposal, shall not exceed 2% of the order value in any case
16. Validity Proposal shall be valid up to 30 days and thereafter subject to our written confirmation.
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Proposal for 1.0 MW Solar PV Project in the state of Telangana, India.
C. SITE MAP
Road network map of Medak district (Source: Maps of India)
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