Operational Years Clause Samples

Operational Years. In case the bidder desires to do ground mount for part/full capacity for any site then bidder should consider the associated civil costs for such sites while bidding.

Operational Years. Net Asset Value = Normative Project Cost X (1 (3%X No. of Operational Years))

Operational Years. The responsibility of operation of warranty and guarantee clauses and claims/ settlement of issues arising out of said clauses shall be responsibility of the Power Producer and Nodal Agency will not be responsible in any way for any claims whatsoever on account of the above. Type and quality of materials and workmanship: The design, engineering, manufacture, supply, installation, testing, commissioning and performance of the equipment shall be in accordance with latest/ appropriate IEC/Indian Standards as detailed in the technical specifications of this RFP or its subsequent amendments. Where appropriate Indian Standards and Codes are not available, other suitable standards and codes as approved by the MNRE/ CEA/ electricity regulators/ Nodal Agency shall be used. All the relevant test certifications must be kept valid up to one (1) Year from the COD of the Project. The specifications of the components should meet the technical specifications mentioned in this PPA. Any supplies which have not been specifically mentioned in this PPA but which are necessary during construction or Comprehensive O&M period of the Project shall be provided by the Power Producer without any extra cost and within the time schedule for efficient and smooth construction and Comprehensive O &M of the Project. Construction of control room etc. Construction of control room or any other relative civil work essential for Commissioning of Project; Additional works Additional civil, structural or electrical works which are so required/desired to be undertaken by the Procurer for the Project and which are not covered in the scope of work, shall be done by the Power Producer after obtaining concurrence of the Procurer on its design, drawing and estimate cost of such additional works shall be computed on the basis of SOR of PWD (Civil) and of DISCOM (Electrical). Cost of additional works shall be decided mutually between Power Producer and Procurer but in any case, it should not be more than cost computed based on SOR rates. A copy of cost assessed for additional work shall be submitted to [Insert Name of State Nodal Agency] for approval. Additional works may include but not limited to; Laying of additional length of cable and accessories if the complete space/rooftop provided is more than 500 mtrs away from the utility/DISCOM metering point. Requirement of additional/specific design of structure, as desired by Procurer in deviation with the design provided by the Power Producer, to accommod...

Operational Years. Net Asset Value = Normative Project Cost X (1- (3% X No. of Operational Years)); For the remaining period of ten (10) Operational Years Net Asset Value = Normative Project Cost X [(1 (3.5% X 15 Operational Years) (4.75% X No. of Operational Years exceeding 15 Operational Years)] In such case, termination payment shall be deposited in the designated bank account. The Parties shall promptly execute all documents necessary to cause title to the Project to pass to Procurer on the date of termination free and clear of all liens and assign all vendor warranties for the Project to the Procurer. Upon execution of the documents and payment of the applicable purchase price in each case as described in the preceding sentence, the agreement shall stand terminated and the Procurer shall become the owner of the Project. The transfer of Project will be without any encumbrances, no assignments. Upon such termination, the SPD may offer its Comprehensive Operations and Maintenance services to the Procurer and the Parties may enter into an O&M agreement in this regard. The terms and conditions of the O&M agreement will be negotiated in good faith between the Parties.

Operational Years. Installation of the Project as Type 1 (Solar Rooftop Project with less than equal to one (1) meter elevation of smaller leg of mounting structure (Standard Mounting Configuration)

Operational Years. Net Asset Value = Normative Project Cost X [(1 (3% X 15 Operational Years) (5.5% X No. of Operational Years exceeding 15 years)] In such case the termination payment shall be deposited in the designated bank account.

Operational Years. In such case the termination payment shall be deposited on Nodal Agency’s designated bank account. Nodal Agency shall keep the share of termination payment in the ratio of subsidy paid to total Normative Project Cost. The rest will be deposited in the designated bank account. The Parties shall promptly execute all documents necessary to cause title to the Project to pass to Procurer on the date of termination free and clear of all liens and assign all vendor warranties for the Project to the Procurer. Upon execution of the documents and payment of the applicable purchase price in each case as described in the preceding sentence, the agreement shall stand terminated and the Procurer shall become the owner of the Project. The transfer of Project will be without any encumbrances, no assignments. Upon such termination, the Power Producer may offer' its operations and maintenance ("O&M") services to the Purchaser and the Parties may enter into an O&M agreement in this regard. The terms and conditions of the O&M agreement will be negotiated in good faith between the Parties. Notwithstanding Terminations, both Power Producer and Procurer shall ensure full and final settlement of respective rights and obligations pursuant to terms and conditions of this RFP and Agreement/ PPA, so that neither would have to carry and bear the burden of the other’s rights and obligations. Towards fulfilment of this provision, an affidavit on a non-judicial stamp paper shall have to be furnished by both Power Producer and Procurer to each other at the time of termination.

Operational Years. The ratings given are approximately, Power Producer to indicate size and length as per system design requirement. All the cables required for the Project provided by the Power Producer. All cable schedules/layout drawings approved prior to installation. Multi Strand, Annealed high conductivity copper/aluminium conductor PVC type ‘A’ pressure extruded insulation or XLPE insulation. Overall PVC/XLPE insulation for UV protection Armored cable for underground laying. All cable trays including covers to be provided. All cables conform to latest edition of IEC/ equivalent BIS Standards as specified below: BOS item / component Standard Description Standard Number Cables General Test and Measuring Methods, PVC/XLPE insulated cables for working Voltage up to and including 1100 V ,UV resistant for outdoor installation IS /IEC 69947. The size of each type of DC cable selected shall be based on minimum voltage drop. The size of each type of AC cable selected shall be based on minimum voltage drop however; the maximum drop shall be limited to 2 %. All such external electrical works shall be required to be done as per DISCOMs SOR.

Operational Years. In case the bidder desires to do ground mount for part/full capacity for any site then bidder should consider the associated civil costs for such sites while bidding. Internal electrification: Inspection of the existing electrical network of each of the Project site; Inspection of the Project in respect of its interfacing with licensee network/identified electrical load; Preparation and submission of electrical drawing for the site with quantity of material required; Obtaining prior approval of the work and drawing from Inspecting Authority; Execution of the work in accordance with the norms and regulation directives for testing and completion of the Project to the satisfaction of the Nodal Agency;