This is the presentation of KSEBL happened during Investors Meet for Setting up 200MW Ground Mounted Solar PV Projects in Kerala. This meeting is initial step for attraction of Developers to set up 200MW solar projects in Kerala as a part of Kerala Urja Mission. Total Target is 1000MW by 2021 Ground Mounted projects 200MW – COD in 2019 Rooftop projects 500MW Solar Parks 150MW Floating projects 100MW Canal top/ Highway projects 50MW This meeting was presided by the honourable Electricity Minister of the state.

1. Solar PV Investors’ Meet
6th July 2018
KERALA STATE ELECTRICITY BOARD Ltd

2. Integrated utility carrying out:
Transmission of Electricity within the state
Distribution of electricity in the state
Distribution licensee energizing the state of Kerala
Achieved 100% electrification
Owns generating stations totaling 2227 MW
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KERALA STATE ELECTRICITY BOARD Ltd

3. Generating Stations - Statistics
Type Number
Capacity
(MW)
Hydro 32 2052
Diesel 2 159.96
Wind 1 2.025
Solar 20 12.98
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4.  Number of consumers –1,22,70,678 Nos.
 Aggregate Energy sales per year – 20,880 MU
 Average annual hydro generation – 6500 MU
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5. OBJECTIVE OF THIS INVESTORS’ MEET
 Government of Kerala declared Urja Kerala
Mission which includes ‘SAURA’ for developing
Solar capacity of the State
 In line with this, KSEBL has decided to focus on
developing Renewable Energy especially Solar
Power
 This meet is an initiative to attract investment
in Solar Power sector
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6. SAURA
a part of
URJA KERALA MISSION
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7. Saura aims at adding 1000 MW solar power in
the next 3 years through :
1 Roof top 500 MW
2 Bidding from IPPs 200 MW
3 Solar parks 150 MW
4 Floating 100 MW
5 Canal top / Highway 50 MW
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8. CURRENT PROPOSAL
PURCHASE OF
200 MW SOLAR POWER
FROM SOLAR PV PLANTS
WITHIN KERALA
IN IPP MODE – as 1st Phase
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9.  Tariff Policy 2016 – clause 6.4 (2) -
• “States shall endeavour to procure power from
renewable energy sources through competitive
bidding to keep tariff low .... from the date to be
notified by the Central Government”
• Ministry of power has notified “Guidelines for Tariff
Based Competitive Bidding Process for Procurement
of Power from Grid Connected Solar PV Projects” on
3rd August 2017
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BIDDING - AS PER GoI POLICY

10. PROJECT DETAILS
• Location – Within Kerala
• Land – to be owned / leased by the investor
• Forest clearance, NoC/Environmental clearance,
approval for water etc, if applicable, shall be the
responsibility of bidder
• Generator shall not have any right to accredit the
project under REC or to make use of the energy
against its own obligation, even in case it is an
obligated entity
• Availing of incentives/subsidy etc if any is the
responsibility of the bidder
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11. PROJECT DETAILS
• Minimum capacity to be offered at one location
is 1 MW
• A bidder can offer power from
• multiple locations in multiples of 1 MW
• operational Solar PV power plants or plants
proposed to be commissioned on or before scheduled
COD, subject to availability of power, as per the
terms of PPA
• There shall be only one bid for all plants
together
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12. PROJECT DETAILS
• Installation – to be done by investor as per IEC
& CEA standards, at his cost
• Technology – Solar PV
• Maximum time allowed for completion – 21
months – GoI guidelines
• Early commissioning is allowed
• Part commissioning is also allowed – tariff shall
be 75% of PPA tariff until full commissioning
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13. PROJECT DETAILS
• Cost of dedicated transmission line up to
nearest KSEBL Sub Station to be borne by
developer
• Metering facilities to be provided by
developer at his own cost
• Metering point – Line/Bus isolator, at the
voltage of injection, of KSEBL substation to
which energy is delivered
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14. RESULTS OF RECENT SOLAR BIDS ACROSS INDIA
State Bid Month
Discovered
Tariff (Rs
per kWh)
1 Rajasthan May 2018 2.44
2 Gujarat Mar 2018 2.98
3 Karnataka Mar 2018 2.94
4 Tamil Nadu Jun 2017 3.47
5 Kerala MOU from NTPC 3.00
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15. DETAILS OF BID PROCESS
 Capacity
• Aggregate – 200 MW
• Minimum – 1 MW at one location
 Mode – Reverse e-Bidding & e-Reverse Auction
 Parameter of bidding – Fixed Tariff for 25 years
 Benchmark tariff – Rs 3.50 per kWh
 Basis – Guidelines notified by MoP, GoI
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16. DETAILS OF BID PROCESS
• Portal – MSTC’s DEEP (Discovery of Efficient Electricity
Price) e-bidding portal
• E-Bidding to be followed by e-Reverse auction
• Bidders to register online with MSTC by paying
Registration Fee of Rs 20,000/- + GST
• Those already registered with MSTC need not register
again
• MSTC Help Desk Numbers:
03322901004, 01123212357, 01123215163, 01123217850
• Bidders have to pay fees of Rs 500 per MW per
requisition to PFC Consulting Limited (PFCCL), which
will be refunded to unsuccessful bidders
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17. DETAILS OF BID PROCESS
• Highest bidder will be eliminated by the system
if the total quoted quantum of all the bidders
together exceeds twice the tendered quantity
• L1 tariff will be taken as the bench mark of e-
reverse auction
• Reverse auction will start within 120 minutes
of opening of Financial Proposal
• Will continue for a period of next 120 minutes
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18. DETAILS OF BID PROCESS
• If a bid lower than the lowest prevailing one is
received during the last 10 (ten) minutes
before the scheduled close time, the close time
will be automatically extended by 10 (ten)
minutes from the time of last bid received.
• This process of auto extension will continue till
there is a period of 10 (ten) minutes during
which no bid which is lower than the prevailing
lowest is obtained.
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19. DETAILS OF BID PROCESS
• Bucket filling mode will be
adopted till 200 MW capacity
is reached
• Bidders will be ranked from
lowest in ascending order
• Capacity will be limited to 200
MW even if the last bidder
filling the bucket has more
capacity
• Last bidder is bound to offer
part capacity, as above.
Otherwise EMD will be
forfeited
Bidder Capacity
MW
Fill
MW
L1 50 50
L2 25 75
L3 60 135
L4 30 165
L5 20 185
L6 50 200
Only 15 MW will be taken
from L6. Balance 35 MW
will be left out
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20. WHO CAN PARTICIPATE
 Company
 Consortium
 If the successful bidder is a single entity, it may
form an SPV / Project Company to execute PPA
 If the successful bidder is a Consortium or a foreign
company, it shall form an SPV / Project Company to
execute PPA
 Limited liability partnership (LLP) and limited
liability companies (LLC) cannot participate
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21. ELIGIBILITY OF BIDDER
 The Bidder should have owned and operated at least
one solar power generating station having 1 MW
capacity or above
 The reference plant must have been in successful
operation for at least one year prior to the date of
issue of notice inviting tender
 The Net-Worth requirement should be at least Rs 75
Lakh per MW of capacity offered by the Bidder in its
Bid for solar PV power projects for the year in which
bids are invited and previous two years
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22. PPA – SALIENT FEATURES
• Range of CUF – Minimum 16%, Maximum 19%
• Tariff for energy in excess of maximum CUF –
75% of PPA tariff
• Third party sale of such excess can be done if
consented by KSEBL
 Penalty for shortfall below minimum CUF –
25% of PPA tariff
 Repowering during PPA period is allowed
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23. PAYMENT MECHANISM
• Metering date -1st day of every month
• Billing date – 5th business day from metering date
• Due date of bill payment – 30 days from date of
receipt of bill
• Rebate – KSEBL is eligible for a rebate of 2% of bill
amount if paid within 5 business days
• Payment security – to be decided with approval of
Electricity Regulatory Commission
• Reactive power support to be provided by developer
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24. FORMALITIES/PROCEDURES
• Bid documents include Request For
Selection and Draft Power Purchase
Agreement
• PPA to be approved by KSERC
• Tariff to be approved by KSERC
• Disputes arising out of the contract – to
be adjudicated by KSERC
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25. TIMELINES
• Probable date of notice inviting tenders (NIT) – end of
August 2018
• MSTC registered bidders will get automatic intimation
• Those who are present here will be intimated
• Time for submission of bids – 50 days from issue of RfS
• Opening of non financial bids – 56 days from issue of RfS
• Opening of financial bids – 90th day from issue of RfS
• Reverse auction – 120 minutes after opening of financial
bids
• Letter of award – 120 days from issue of RfS
• Signing of PPA – within 150 days from issue of RfS
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26. THANK YOU