Common use of Obligations of the Power Producer Clause in Contracts

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve (12) months from date of execution of PPA. The Power Producer will have to submit the required documents to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful Bidder, on advance payment of extension charges of Rs.1000/- per day per MW plus GST @ 18%. In case of any delay in depositing this extension charge, the Successful Bidder has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTU’s feasibility. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project which are not in the scope of SPPD under ISA at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve Nine (1209) months from date of execution of PPA. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful Bidder, on advance payment of extension charges of Rs.1000/- Rs. 11,800/- per day per MW plus GST @ 18%Including GST. In case of any delay in depositing this extension charge, the Successful Bidder has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTUGETCO’s feasibilityfeasibility and in accordance with the provisions of ISA. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project which are not in the scope of SPPD under ISA, at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve Nine (1209) months from date of execution of PPA. The Power Producer will have to submit the required documents to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful Bidder, on advance payment of extension charges of Rs.1000/- Rs. 1000/- per day per MW plus GST @ 18Including GST@18%. In case of any delay in depositing this extension charge, the Successful Bidder has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTUGETCO’s feasibilityfeasibility and in accordance with the provisions of ISA. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those the Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure Financial Closure within twelve Seven (127) months from date of execution of PPA. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL at least 14 days prior to the scheduled deadline for attainment of Financial Closure dateClosure. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful BidderPower Producer, on advance payment of extension charges of Rs.1000/- Rs. 1,000/- per day per MW plus GST @ 18%MW. In case of any delay in depositing this extension charge, the Successful Bidder Power Producer has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning DateSCOD, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ GETCO / CTU’s feasibility. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Wind Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve (12) months from date of execution of PPA. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful Bidder, on advance payment of extension charges of Rs.1000/- Rs. 10,000/- per day per MW plus GST @ 18%MW. In case of any delay in depositing this extension charge, the Successful Bidder has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTU’s feasibility. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve Seven (127) months from date of execution of PPA. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful Bidder, on advance payment of extension charges of Rs.1000/- Rs. 10,000/- per day per MW plus GST @ 18%MW. In case of any delay in depositing this extension charge, the Successful Bidder has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTU’s feasibility. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those the Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure Financial Closure within twelve Seven (127) months from date of execution of PPA. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL at least 14 days prior to the scheduled deadline for attainment of Financial Closure dateClosure. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful BidderPower Producer, on advance payment of extension charges of Rs.1000/- Rs. 1,000/- per day per MW plus GST @ 18%MW. In case of any delay in depositing this extension charge, the Successful Bidder Power Producer has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCODSCSD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD SCSD on pro-rata basis, based on the Project Capacity commissioned on SCODSCSD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning DateSCSD, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ GETCO / CTU’s feasibility. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Wind Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve Seven (127) months from date of execution of PPA. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful BidderPower Producer, on advance payment of extension charges of Rs.1000/- Rs. 10,000/- per day per MW plus GST @ 18%MW. In case of any delay in depositing this extension charge, the Successful Bidder Power Producer has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTU’s feasibility. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Wind Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project which are not in the scope of SPPD under ISA at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve Nine (1209) months from date of execution of PPA. The Power Producer will have to submit the required documents to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful Bidder, on advance payment of extension charges of Rs.1000/- Rs. 1000/- per day per MW plus GST @ 18GST@18%. In case of any delay in depositing this extension charge, the Successful Bidder has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTUGETCO’s feasibilityfeasibility and in accordance with the provisions of ISA. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) i. The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those Approvals as listed in Schedule 2. (ii) . The Power Producer shall obtain financial closure Financial Closure within twelve (12) 12 months from date of execution of PPA. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL TPL-D at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL TPL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure Financial Closure can however be considered by GUVNLTPL, on the sole request of the Successful BidderPower Producer, on advance payment of extension charges of Rs.1000/- Rs. 10,000/- per day per MW plus GST @ 18%MW. In case of any delay in depositing this extension charge, the Successful Bidder Power Producer has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). If the extension charges are not paid by the Power Producer, TPL shall have the right to recover the extension charges including interest thereon by encashing the PBG. In case the PBG is encashed for recovery of extension charges, the PBG has to be restored to its original value. This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Commercial Operation Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL.TPL-D. (iii) . The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTU’s feasibilityFacilities. (iv) . The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL TPL-D and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those the Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure Financial Closure within twelve Seven (127) months from date of execution of PPA. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL at least 14 days prior to the scheduled deadline for attainment of Financial Closure dateClosure. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNLXXXXX, on the sole request of the Successful BidderPower Producer, on advance payment of extension charges of Rs.1000/- Rs. 1,000/- per day per MW plus GST @ 18%MW. In case of any delay in depositing this extension charge, the Successful Bidder Power Producer has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning DateSCOD, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ GETCO / CTU’s feasibility. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Wind Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project which are not in the scope of SPPD under ISA, at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve Nine (1209) months from date of execution of PPA. The Power Producer will have to submit the required documents to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful BidderPower Producer, on advance payment of extension charges of Rs.1000/- Rs. 1000/- per day per MW plus GST @ 18Including GST@18%. In case of any delay in depositing this extension charge, the Successful Bidder Power Producer has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ SPPD / CTU’s feasibilityfeasibility and in accordance with the provisions of ISA. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project which are not in the scope of SPPD under ISA at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve Twelve (12) months from date of execution of PPA. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful Bidder, on advance payment of extension charges of Rs.1000/- Rs. 10,000/- per day per MW plus GST @ 18%MW. In case of any delay in depositing this extension charge, the Successful Bidder has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTU’s feasibilityfeasibility and in accordance with the provisions of ISA. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve (12) months from date of execution of PPA. The Power Producer will have to submit the required documents to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNL, on the sole request of the Successful Bidder, on advance payment of extension charges of Rs.1000/- per day per MW plus GST @ 18%MW. In case of any delay in depositing this extension charge, the Successful Bidder has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTU’s feasibility. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project which are not in the scope of SPPD under ISA, at his cost in addition to those Approvals as listed in Schedule 2. (ii) The Power Producer shall obtain financial closure within twelve Nine (1209) months from date of execution of PPA. The Power Producer will have to submit the required documents to GUVNL at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure can however be considered by GUVNLXXXXX, on the sole request of the Successful BidderPower Producer, on advance payment of extension charges of Rs.1000/- Rs. 1000/- per day per MW plus GST @ 18Including GST@18%. In case of any delay in depositing this extension charge, the Successful Bidder Power Producer has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL. (iii) The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTUGETCO’s feasibilityfeasibility and in accordance with the provisions of ISA. (iv) The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL and not to sell to any third party.

Obligations of the Power Producer. (i) i. The Power Producer shall obtain all statutory approvals, clearances and permits necessary for the Project at his cost in addition to those Approvals as listed in Schedule 2. (ii) . The Power Producer shall obtain financial closure Financial Closure within twelve (12) 9 months from the date of execution of PPAthe Power Purchase Agreement for the projects in solar park and within 12 months from the date of execution of the Power Purchase Agreement for the projects outside solar park. The Power Producer will have to submit the required documents (as listed out in Schedule 3) to GUVNL TPL-D at least 14 days prior to the scheduled Financial Closure date. In case of delay in submission of documents mentioned above, GUVNL TPL shall not be liable for delay in verification of documents and subsequent delay in Financial Closure. An extension for the attainment of the financial closure Financial Closure can however be considered by GUVNLTPL, on the sole request of the Successful BidderPower Producer, on advance payment of extension charges of Rs.1000/- Rs. 10,000/- per day per MW plus GST @ 18%as applicable. In case of any delay in depositing this extension charge, the Successful Bidder Power Producer has to pay an interest on this extension charge for the days lapsed beyond due date of Financial Closure @ SBI MCLR (1Year). If the extension charges are not paid by the Power Producer, TPL shall have the right to recover the extension charges including interest thereon by encashing the PBG. In case the PBG is encashed for recovery of extension charges, the PBG has to be restored to its original value. This extension will not have any impact on the SCOD. Any extension charges paid so, shall be returned to the Power Producer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD. However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Commercial Operation Date, the amount as deposited above by the Power Producer shall not be refunded by GUVNL.TPL-D. (iii) . The Power Producer shall construct, operate and maintain the Project during the term of PPA at his cost and risk including the required Interconnection Facilities and in close co-ordination with GETCO/ CTU’s feasibilityFacilities. (iv) . The Power Producer shall sell all available capacity from identified Solar Photovoltaic Grid-Interactive Power Plants to the extent of contracted capacity on first priority basis to GUVNL TPL-D and not to sell to any third party.