jnnsm summary phase1 batch2
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JNNSM Batch 2 Solar Project Selection Guidelines AnnouncedBy Madhavan Nampoothiri Aug 25th, 2011 Category: Solar Photovoltic, Solar Power, Solar PV Projects,Solar-Energy, Thin FilmThe guidelines for batch 2 of JNNSM were announced by MNRE today. NTPC Vidyut VyaparNigam(NVVN) has issued the Request for Selection(RfS) document which can be downloadedat www.nvvn.co.in . The due date for submitting the RfS is 23.09.2011.Some of the salient features of the guidelines includeTotal capacity under bidding 350 MWMinimum capacity of a single PV plant 5 MWMaximum capacity of a single PV plant raised to 20 MW.Plant capacity will be in multiples of 5MW. In other words, a developer can bid for projects ofsize 5 MW, 10 MW, 15 MW or 20 MW.Winners of projects under the previous round of bidding or under the Gujarat Solar Policy canbid for these projects.A company in any form (including parent, affiliate, ultimate or any group company) can bid fora maximum of 3 projects totaling 50MW.As an example for bidding, a company can bid for 2 x 15 MW projects and 1 x 20 MW projects(totaling 50 MW). Another example for the combination will be 2 x 20 MW projects and 1 x 10MW project.Foreign companies can participate in the bidding process. But before signing of the PPA, theyhave to form an Indian company registered under the Companies Act, 1956
Deadline for achieving financial closure raised to 210 days (7 months) from the earlier 180days(6 months). The timeline for the commissioning of the project is also extended by a month
to 13 months from the date of signing PPA from 12 months earlier.Part commissioning of the Project shall be accepted by NVVN subject to the condition that theminimum capacity for acceptance of part commissioning shall be 5 MW and in multiplesthereof. The PPA will remain in force for a period of 25 years from the date of acceptance ofrespective part commissioning of the project.Controlling shareholder of the project must maintain 50% share for 1 year (up from 26%)
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Domestic requirement Both cells and modules have to be manufactured in India. Thisdomestic content requirement does not apply for Thin film and Concentrating Photovoltaic(CPV) technologies.The bidder will have to deploy only commercially proven technology those that have at leastone project successfully operational for at least one year, anywhere in the world. CrystallineSilicon and most of the Thin Films Technologies(CdTe, CIGS, a-Si) easily meet this criteria.The entire document can be viewed here
A related news article from Bloomberg that quotes EAI is available here.EAI expects the volume of bids to increase drastically with more big name companies takingpart in the bidding process due to the raising of the PV plant capacity limits, betterunderstanding of the technology and associated risks and ease of procurement of funds.EAI offers Bid advisory services for developers planning to bid for projects under thecurrent batch. Details are available here.EAI also assists in preparing feasibility reports, detailed project reports and raisingfinance for PV projects.
Related posts:
Revised guidelines for selection of JNNSM projects Invitation for suggestionsGuidelines for 1000 MW Solar Projects Under JNNSM AnnouncedPre-Bid Meeting with Prospective Bidders for Solar PV & Solar Thermal Projects underJNNSMJNNSM NVVN announces list of selected Solar PV and Solar Thermal projectsGuidelines for Selection for Grid Connected Solar PV Projects
Using Diesel Generators for Backup?Time You Shifted to Solar
Know more from the Replacing Diesel with Solar report
About the AuthorMadhavan has a B.Engg. in Mechanical Engineering, India and an MBA from IndianaUniversity, a top ranking Business School in USA. He has over 8 years of experience inConsulting, Sales and Marketing and Operations in Petroleum, Renewable energy, Chemicalsand Manufacturing industries. He has worked for a range of firms that includes a Fortune 500company and a Startup firm. His work experience spans 4 countries across 3 continents -India, China, USA and Switzerland.More details about the author is available here
Other posts by Madhavan Nampoothiri
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