The Advisory Group in its meeting held on March 6, 2013 made following comments or suggestions on the draft Standard Bidding Documents (SBD) for the procurement of power by distribution licensees for location specific projects
The present document is based on the DBFOT Model which is a departure from the existing BOO Model and it may not provide sufficient security on project assets to the lenders, and therefore, there may be associated risks which may result in increased tariff.
Some of the technical and operating parameters were not aligned with operating realities e.g. availability at 90 percent, auxiliary consumption at 5 percent, Net Station Heat Rate of 2350kcal/kwh, etc. and were difficult to implement and therefore practical norms in line with those of CERC/CEA were required to be adopted.
There were stringent termination and takeover provisions and that transferability of assets would be difficult and therefore funding by foreign bankers may be limited.
In the case of bidding of projects based on mines on indigenous or imported coal, the SBD provided for incomplete pass-through in fuel cost thereby loading fuel risk on developer.
This information was given by the Minister of State for Power Jyotiraditya M Scindia in the Lok Sabha recently.
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