Common use of Obligations of the SPD Clause in Contracts

Obligations of the SPD. The SPD shall fulfil the following terms and conditions after the execution of PPA with NTPC; (i) The SPD shall deposit non-refunable processing fee of Rs.10 lakh per project plus service taxes & other charges as may be applicable from time to time, as per Clause.11 of the Rajasthan Solar Energy Policy 2014, after entering into the PPA with NTPC Ltd. (ii) The SPD shall pay one time development cost within 30 days from the date of issuance of allotment order. For the year 2015-16 the One Time Development charges are fixed at Rs.10 lacs per hectare. (iii) The SPD shall pay the annual Operation & Maintenance Cost at the beginning of every year but not beyond 15 days from the date of completion of previous year. Annual O&M charges at present is fixed @5% of the development charges for the first year and thereafter the same shall be escalated cumulatively @ 10% per annum. (iv) The metering system cost on actual basis shall be paid by the SPD for the metering system to be provided by the SPIA on 4 Nos 220 ▇▇ ▇▇▇▇ at RVPN end and SPIA end and these expenses shall be paid by SPD within 15 days from the date of issuance of demand by SPIA. The metering system to be installed on 132 KV side of the SPD and the Pooling stations shall be borne by the SPD. (v) The grid connectivity charges @ Rs.2 lakhs per MW shall be paid by the SPD within 30 days from the date of issuance of allotment order. (vi) The SPD shall also contribute a sum of Rs.1 Lakh per MW every year for the entire life cycle of the project from the time of commissioning, towards Rajasthan Renewable Energy Development Fund as per Clause.20 of the Rajasthan Solar Energy Policy 2014. The first year payment is due and payable within 30 days of commissioning, thereafter will become due and payable on the same month every year. (vii) The transmission charges and losses shall be paid by the SPD as per the prevailing policy. (viii) The water charges will be paid by the SPD on issuance of bill by the relevant authorities. (ix) The SPD shall take all necessary permissions/clearances from the concerned departments including Consent to Establish and Consent to Operate from State Pollution Control Board and the cost for such permissions/clearances shall be borne by SPD. (x) It is the responsibility of SPD to arrange power supply and water during the construction period. (xi) The SPD is responsible for Scheduling and Deviation Settlement Mechanism (DSM) charges as per CERC/RERC Regulations and all liabilities related to LTA and connectivity. (xii) Forecasting and scheduling shall be done by SPD as per CERC /RERC Regulations and Indian Electricity Grid Code. The SPIA may take up the function of forecasting, upon the request of the SPD without creating an obligation on the part of SPIA. (xiii) The SPD shall fence the demarcated boundary of the allotted premises at its own expenses. (xiv) The SPD and the SPIA will enter into a separate Lease Agreement on the terms and conditions set out thereunder simultaneously with the execution of this agreement, on payment of the complete lease amount and the annual lease rent amount for the first year.

Obligations of the SPD. The SPD shall fulfil the following terms and conditions after the execution of PPA with NTPC; (i) The SPD shall deposit non-refunable processing fee of Rs.10 lakh per project plus service taxes & other charges as may be applicable from time to time, as per Clause.11 of the Rajasthan Solar Energy Policy 2014, after entering into the PPA with NTPC Ltd. (ii) The SPD shall pay one time development cost within 30 days from the date of issuance of allotment order. For the year 2015-16 the One Time Development charges are fixed at Rs.10 lacs per hectare. (iii) The SPD shall pay the annual Operation & Maintenance Cost at the beginning of every year but not beyond 15 days from the date of completion of previous year. Annual O&M charges at present is fixed @5% of the development charges for the first year and thereafter the same shall be escalated cumulatively @ 10% per annum. (iv) The metering system cost on actual basis shall be paid by the SPD for the metering system to be provided by the SPIA on 4 Nos 220 ▇▇ ▇▇▇▇ at RVPN end and SPIA end and these expenses shall be paid by SPD within 15 days from the date of issuance of demand by SPIA. The metering system to be installed on 132 KV side of the SPD and the Pooling stations shall be borne by the SPD. (v) The grid connectivity charges @ Rs.2 lakhs per MW shall be paid by the SPD within 30 days from the date of issuance of allotment order. (vi) The SPD shall also contribute a sum of Rs.1 Lakh per MW every year for the entire life cycle of the project from the time of commissioning, towards Rajasthan Renewable Energy Development Fund as per Clause.20 of the Rajasthan Solar Energy Policy 2014. The first year payment is due and payable within 30 days of commissioning, thereafter will become due and payable on the same month every year. (vii) The transmission charges and losses shall be paid by the SPD as per the prevailing policy. (viii) The water charges will be paid by the SPD on issuance of bill ▇▇▇▇ by the relevant authorities. (ix) The SPD shall take all necessary permissions/clearances from the concerned departments including Consent to Establish and Consent to Operate from State Pollution Control Board and the cost for such permissions/clearances shall be borne by SPD. (x) It is the responsibility of SPD to arrange power supply and water during the construction period. (xi) The SPD is responsible for Scheduling and Deviation Settlement Mechanism (DSM) charges as per CERC/RERC Regulations and all liabilities related to LTA and connectivity. (xii) Forecasting and scheduling shall be done by SPD as per CERC /RERC Regulations and Indian Electricity Grid Code. The SPIA may take up the function of forecasting, upon the request of the SPD without creating an obligation on the part of SPIA. (xiii) The SPD shall fence the demarcated boundary of the allotted premises at its own expenses. (xiv) The SPD and the SPIA will enter into a separate Lease Agreement on the terms and conditions set out thereunder simultaneously with the execution of this agreement, on payment of the complete lease amount and the annual lease rent amount for the first year.