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TERMS & CONDITIONS
FOR SALE OF 100 MW POWER BY TVNL:
1. Quantum of Power: 100 MW
Power (which may vary) round the clock will be available for sale
from Tenughat TPS, Jharkhand from 1st April 2011 to 31st
March 2012 which may be extended as per requirement of TVNL.
2. Delivery Point: The delivery point shall be inter
connection of State Transmission System with Central Transmission
Utility (Power grid) Bus at Ramchandrapur (Jamshedpur) or
Biharsarif.
3. Transmission Charges & Losses: Transmission Charges &
Losses for State Transmission System shall be borne by TVNL.
Further State Load Despatch Centre and Eastern Region Load
Despatch Centre charges shall be borne by TVNL. However
Transmission charges, Transmission Losses, ERLDC charges or any
charges beyond delivery point shall be borne by Power Traders.
4. Scheduling: TVNL shall schedule this power in full
except in case of transmission constraints. The Scheduling and
Despatch of power shall be coordinated by SLDC/ERLDC as per
relevant provisions of Indian Electricity Grid Code (IEGC) and the
decisions of ERLDC's & REB's. Copy of daily schedule shall be
forwarded to Power Trader on daily basis. All trading shall be in
full conformity with the provisions of IEGC, the relevant orders
of Central Electricity Regulatory Commission (CERC) and the frame
work of Availability Based Tariff (ABT).
5. Period of Sale: Period of Sale of Power will be from 1st
April 2011 to 31st March 2012 which may be increase or
decrease as per mutual agreement.
6. Tariff: The applicable rate for sale of Energy by TVNL
to Power Traders will be as per Eastern Regional Electricity Board
(EREB) Regional Energy Account will be fixed for the energy
delivered at the Delivery Point with appropriate adjustment for
Transmission Losses for State Transmission System. This tariff is
a single part tariff including fixed charges (Capacity charge) and
variable charge (Energy charge) for convenience of accounting. You
are requested to quote separate rate for peak and off peak hours
and for round the clock.
7. Billing: Monthly bill shall be raised on the basis of
Regional Energy Account (REA) of Eastern Regional Electricity
Board.
8. Payment: The payment will be deposited in a designated
TVNL's Bank account with a Scheduled Commercial Bank within 15
(fifteen) days from the date of submission of monthly bill. In
event of 30th day being a Bank holiday, the next day
will be the due date for payment. Stand-by Letter of Credit (LC)
will be provided by Power Traders for an amount equal to 105% of
the one month's estimated billing in respect of power supplied
from the TVNL. LC opening charges and other charges will be borne
by Power Traders. This LC shall be used as a Payment Security
Mechanism (PSM) and shall be operated only in case of default in
payment by Power Traders.
In case the energy dues on Power Traders goes beyond two months of
average energy charges, TVNL will be free to regulate power supply
to another Power Traders to the extent it considers necessary.
9. Rebate / Delayed Payment Surcharge:
(a) Rebate for Prompt Payment: Rebate @ 1% will be given to
Power Traders if payment is made within due date.
(b) Delayed Payment Surcharge: Delayed Payment Surcharge @
1.25% per month will be levied on the all payments outstanding
after the due date.
10. Force Majeure: Any restriction imposed by ERLDC or SLDC
on scheduling of Power Supply due to Grid constrains or any other
reasons shall be treated as Force Majeure without any liability on
TVNL. TVNL will supply power to Power Traders subject to technical
constraints/ transmission constraints / Force Majeure. However,
all reasonable efforts will be made by TVNL to supply power to
Power Traders.
11. Statutory Approvals: TVNL and Power Traders shall
obtain necessary approvals and consent of Government(s) /
Statutory authority (ies) that they require for sale / purchase of
power.
12. Open Access: The Power shall be scheduled and
dispatched as per relevant provisions of CERC order regarding Open
Access in Inter State Transmission System.
13. Agreement: Power Traders have to execute an agreement
with TVNL on prescribed format within 15 days of issue of order. |
