Guidelines for Selection of New Grid Connected Solar Projects ...

Guidelines forSELECTION OF NEW GRID CONNECTEDSOLAR PV POWER PROJECTSBATCH-IISECTION 1: BACKGROUND AND INTRODUCTION ....................................................................................... 11.1. Preamble ..................................................................................................................... 11.2. Scope and Objectives of the Guidelines........................................................................ 21.3. Total Capacity and Portfolio of Solar PV and Solar Thermal Technology Projects .......... 21.4. Phasing Allocation of Capacity ..................................................................................... 21.5. Definitions ................................................................................................................... 3SECTION 2: GUIDELINES FOR SELECTION OF SOLAR PV PROJECTS ...................................................... 52.1. Capacity of Each Project ............................................................................................... 52.2. Request for Selection for Short-listing of Projects ........................................................ 52.3. Processing Fees............................................................................................................ 52.4. Number of Applications by a Company ........................................................................ 52.5. Qualification Criteria for Short-Listing of Solar PV Projects ........................................... 52.6. Short-listing of Projects ................................................................................................ 82.7. Selection of Projects in Second Batch based on Discount in Tariff ................................ 82.8. Power Purchase Agreement ......................................................................................... 92.9. Bank Guarantees ......................................................................................................... 92.10. Minimum Equity to be held by the Promoter .............................................................. 92.11. Financial Closure/ Project Financing Arrangements ................................................... 102.12. Commissioning ......................................................................................................... 102.13. Time Schedule for Solar PV Projects .......................................................................... 11SECTION 3: GUIDELINES FOR SELECTION OF SOLAR THERMAL PROJECTS ................................................ 123.1. Minimum and Maximum Capacity of Each Project ..................................................... 123.2. Expression of Interest for Short-listing of Projects ...................................................... 123.3. Processing Fees.......................................................................................................... 123.4. Number of Applications by a Company ...................................................................... 123.5. Qualification Criteria for Short-Listing of Solar Thermal Projects ................................ 12(i)