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RECORD NOTE OF DISCUSSIONS HELD ON 13.08.

96
BETWEEN OPGC & GRIDCO
A meeting was held between OPGC & Gridco for finalization of PPA for supply of power
by OPGC from Units 1 & 2 of !"#hermal Power $tation %2&21' ()*+
#he Power Purchase Agreement %PPA* e,ecuted between Gridco & OPGC would be
sub-ect to the following.
1* #he PPA will come into force with effect from 1+1+/0+ PPA will be placed before
the 1egulatory Commission 2 $tate Go3ernment as per pro3isions of Orissa
4lectricity 1eforms Act+ 1//0 & the 4lectricity %$upply*Act5 1/67+ 8owe3er5
pending appro3al as abo3e5 bills will be raised by OPGC as per PPA already signed
for payment by Gridco+
2* #he tariff for the year 1//6 91//0 & 1//0 9/: at which already billed by OPGC
will not be reopened irrespecti3e of actual tariff e3aluated as per pro3ision in the
PPA+ 8owe3er penal interest if any5 due to late payment by Gridco shall be
reimbursed by Gridco+
;* #he tariff for the year 1//:"/< will be determined on annual basis as per PPA+
6* After ;1+;+/<5 normati3e tariff shall be wor=ed out for bloc=s of three years5 first
bloc= being 1+6+/< to ;1+;+2'''+ #he tariff for the period of 1//<"/7 to 1/// 92'''
will be calculated for a bloc= period of three years as per principles laid down
under $ection 11+'' of $chedule" of PPA & will remain 3alid for the bloc= period
of ; years+ Ad-ustments shall be made at the end of each year+
0* #he tariff calculations pro3ided along with PPA is only indicati3e & an illustrati3e
one+ #he actual tariff will be calculated as per actual based on the terms &
conditions of the PPA+
6) Fuel price adjustment Incenti!e disincenti!e adjustment "#r interest i" an$
ta%es etc& s'all (e su(ject t# $ear end adjustment a"ter t'e end #" t'e $ear& I"
OPGC is re)uired t# pa$ Inc#me Ta% an$ #t'er c'ar*es + ta%es as per
pr#!isi#ns #" para ,-.&. & --&. #" sc'edule/II #" PP0 in t'e inter!enin*
peri#d t'e same s'all (e pa$a(le ($ Gridc# as an interim pa$ment #n
pr#ducti#n #" t'e pr##" #" pa$ment& T'e "uel price s'all (e adjusted 'al" ,
$earl$&
<* !illing for the power supplied by OPGC would be on net e,change basis+ 8owe3er
for calculation purposes5 the power 2energy drawn by OPGC shall be > of
1s+1+0'2=wh on adhoc basis through 22' ?@ lines plus 1+'0 & power2energy
drawn through the ;; ?@ lines+ At the end of the year a3erage rate of supply per
=wh by OPGC will be calculated including all fi,ed charges5 3ariable charges5
ta,es5 incenti3e & other o3erheads5 if any and ad-ustments shall be made at the
same a3erage rate for the energy drawn by OPGC as mentioned abo3e+ 8owe3er
monthly bill shall be raised by OPGC deducting the energy charges > 1+0'2 =wh
for the energy drawn by OPGC from the fi,ed charges plus 3ariable charges for the
month+
$d2" $d2"
%(AAAGAG B14C#O1* B14C#O1 %CO((41CAC*
O+P+G+C+ C(#4B G1BCO
Twenty Rupees Stamp ape!
!UC? PO)41 $UPPCD AG144(4A#
!4#)44A
#84 O1$$A PO)41 G4A41A#OA CO1PO1A#OA C#B
AAB
#84 G1B CO1PO1A#OA OE O1$$A C#B+
#his amended 1estated !ul= Power $upply Agreement dated as of 1;
th
AugF1//: between
the Orissa Power Generation Corporation Ctd+ a Go3ernment of Orissa underta=ing
incorporated under the companies Act 1/0: ha3ing its 1egistered & Corporate Office at
!hubaneswar5 Orissa %hereinafter referred to as OPGC which e,pression shall5 unless
repugnant to the conte,t of meaning thereof include its successors and permitted assigns*
of the one part and Grid Corporation of Orissa ltd+ incorporated under the Companies Act5
1/0: ha3ing its registered office at Ganpath5 !hubaneswar5 Orissa+ %hereinafter referred to
as G1BCO which e,pression unless repugnant to the conte,t or meaning thereof include
its successors and permitted assigns* of the other part+
#his Agreement amends restates and supersedes in its entirely the original 3ersion of this
document dated as of 1'
th
day of Guly 1//1+
)8414A$ under the direction of the Go3ernment of Orissa %hereinafter referred to as
$tate Go3t+* by a notification issued under section ;/ %2* of the 4lectricity %supply* Act5
1/67 %Act Ao+06 of 1/67* the assets and liabilities as on the first day of April 1//; of the
b"#hermal Power $tation %2 & 21' () units* %hereinafter referred to as #P$* stand
3ested in the OPGCF+
AAB )8414A$ under the terms and conditions of the license granted to it by the $tate
Go3ernment5 the G1BCO is entrusted with the responsibility of e3acuation5 transmission
and distribution of power generated5 to be generated by b"#hermal Power $tation %Unit H
1 & 2*+
AAB )8414A$ in 3iew of the aforesaid license of the $tate Go3ernment5 the G1BCO
is reIuired to recei3e the full Iuantum of electricity %energy* generated and made a3ailable
at the sub"station of #P$ %Unit H 1 & 2* through outgoing 22' ?@ lines emanating from
#P$ and e3acuate and transmit the same through its own transmission and distribution
system5 sub-ect to the stipulation in Clause 2 & ; hereunder+
Aow therefore it is hereby declared and agreed as follows.
1+' #he installed capacity of b"#hermal Power $tation %Unit H 1 & 2* will be 62'
() %2& 21' ()*+ #he total a3ailable capacity will be fully allocated to the
G1BCO and the G1BCO agrees to transmit and utilize the same through its own
system as detailed in $chedule 91 anne,ed hereto+
2+' JOPGC shall not ma=e a3ailable to a third party any part of the capacity of #P$ or
sell to a third party or consume for any purpose other than #P$5 any energy
generated by #P$ during the term of this agreement e,cept with the G1BCOFs
prior written consentK+
2+1 t is hereby declared and agreed that the G1BCO shall recei3e and utilize power
from b"#hermal power station without undue discrimination with the other
sources+
;+' #he points of supply shall be outgoing terminals of 22' ?@ lines $witchgear at !"
#hermal Power $tation feeding power to the G1BCOFs outgoing terminals
beyond the gantry for outgoing 22' ?@ feeders at #P$ for feeding power to the
G1BCOFs 22' ?@ lines+ (etering will be done at the C#2C@# & other metering
instruments for the outgoing feeders+
6+' #wo sets of recording type electronic #ri3ector (eters with half hourly recording time
of the day %#OB* facility of '+2L class accuracy for measurement of ?)85
?@A18 & ?@A8 shall be installed by OPGC on each of the outgoing 22' ?@
feeders of #P$+ One set of such meters shall be designated as (ain (eters and the
other set shall be as Chec= (eters+ 1eadings recorded by the main meters shall be
ta=en for billing purpose sub-ect to the conditions stipulated for purpose of billing+
#he meters shall constitute import and e,port meters+
0+' All the main meters & chec= meters shall be test chec=ed e3ery Iuarter at the cost of
OPGC+ 4ach meter shall be deemed to be wor=ing satisfactorily if the errors are
within the specifications for such (eter of '+2L accuracy class+ #he consumption
registered by the main meters will hold good for the purpose of billing as long as
the error in the main meters is within the permissible limit of error+ f corresponding
chec= meter is beyond the permissible limits5 then the chec= meter shall be
calibrated forth with+ Aot withstanding the abo3e pro3ision5 on representation by
the G1BCO5 the main and chec= meters shall be tested at any other time as well+ f
the test results be within the permissible limits of error the meters should be deemed
to be correct and cost of such testing shall be borne by the G1BCO+
:+' f during the Iuarterly test chec=s5 any of the main meters is found to be beyond
permissible limits of error5 but the corresponding chec= meter is found to be within
permissible limits of error5 then the billing for the month up to the date and time of the
calibration of the main meter shall be as per the chec= meter+ #here will be no re3ision
in the bills for preceding months+ #he main meters shall be calibrated immediately and
billing for the period thereafter until the ne,t monthly meter reading shall be as per the
calibrated main meter+ f during the Iuarterly test chec=s5 both the main meter and the
corresponding chec= meter are found to be beyond the permissible limits of error5 both
sets of meters shall be immediately calibrated and the correction applied to the
consumption registered by the main meter to arri3e at the correct consumption of
energy for billing purposes for the period of the month up to the time of calibration of
the main meters+ !illing for the period thereafter until the ne,t monthly meter readings
shall be as per the calibrated main meter+ f when the monthly meter readings are ta=en5
the difference between the main meter and the chec= meter e,ceeds '+2L5 then both
meters shall be tested+ f the main meter and the chec= meter are both within the
accuracy specifications5 the main meters shall continue to be used+ f one of the meters
is outside accuracy specifications the correct meter shall be used as main meter for the
month+ f both meters are outside the accuracy class of specification5 the meter readings
shall be ad-usted based on the a3erage corrected reading of each of the meters or as
determined by mutual consent between the parties+
<+' #he meters referred to in Clause 0+' abo3e shall be sealed on behalf of both parties and
shall not be interfered with by either party e,cept on the presence of the authorized
representati3e of other party+
7+' #he readings of the meters referred to in Clause 6+' abo3e shall be ta=en -ointly by
accredited representati3es not below the ran= of Assistant 4ngineer of the G1BCO
and the OPGC at 1' A+(+ of the 1
st
day of each calendar month and readings so ta=en
shall be binding5 final and conclusi3e between the G1BCO and the OPGC as to the
Iuantum of electrical energy supplied to the G1BCO5 sub-ect howe3er to the
stipulations made in Clause 0+' and :+' abo3e+
/+' Eor each calendar month during the term of this Agreement5 the G1BCO shall pay to
OPGC the charges calculated as per formula set"out in $chedule 9 anne,ed hereto+
1'+' Any statutory ta,es5 le3ies5 duties5 cess or any other =ind of imposition whatsoe3er
imposed 2 charged by any Go3ernment %$tate 2Central* and 2 or any other local bodies 2
authorities on generation of electricity including au,iliary consumption and sale
energy5 en3ironmental protection5 water charges etc+ shall be billed by OPGC and will
be paid by the G1BCO+ 8owe3er electricity duty payable on energy drawn by OPGC5
if any5 shall be payable by OPGC and reimbursed by G1BCO+
f OPGC shall ha3e to bear any such le3y or le3ies on account of energy supplied
to the G1BCO before the same is or are paid by the Gridco5 the5 OPGC shall be
entitled by way of reimbursement to reco3er such le3y or le3ies from the
G1BCO+
11+' Billin* & Pa$ment
J!illing shall be done on net e,change basis for each billing period5 at the
interconnection point at 22' ?@ as per $chedule 9 on or before the 0
th
day of
each month+ OPGC shall present a bill to the G1BCO for fi,ed chargers5 4nergy
charges5 rebate5 surcharge for late payment5 ta,es and duties etc+ from the
beginning of the year to the last day of pre3ious month+ 4ach monthly bill shall be
calculated starting from the beginning of the year to include all the abo3e charges
upto the last day of the pre3ious month deducting the amount recei3ed from the
G1BCO against bills due till the last day of the pre3ious billing period for the
current year+ Arrears5 if any due from pre3ious year shall also be included in the
bill+ #he monthly fi,ed charge billed for a month shall be one twelfth %1212* of
annual fi,ed charge for the corresponding financial year5 calculated on the basis of
normati3e limit of a3ailability %AAC*+ At the end of each financial year5 bills
co3ering ad-ustments for fi,ed charges including incenti3es5 dis"incenti3es5 ta,es
and duties5 fuel cost5 etc+5 shall be furnished by OPGC for payment2ad-ustmentK+
11+1 !ill Amount and Acceptance of !ill.
#he bill shall be deemed to ha3e been accepted in full unless the G1BCO files
ob-ection with the OPGC within thirty days of presentation of the bill5 gi3ing following
particulars.
a* tem%s* disputed5 with full details
b* Amount%s* disputed against each item
OPGC shall resol3e the abo3e disputes with the G1BCO as soon as possible
preferably within three months+ 8owe3er5 notwithstanding the resolution of such
disputes the G1BCO shall pay <0L of the bill under protest gi3ing reference to the
ob-ection filed+
--&1 Pa$ment #" (ills t'r#u*' 2&C&3
Payment shall be made through irre3ocable re3ol3ing letter of Credit %CC* opened
in fa3our of the OPGC on mutually agreed branch %es* of any Aationalized !an=5
within one month from the date of commercial operation of the 1
st
Unit+ #he CC
shall be established for an amount eIui3alent to one monthFs estimated monthly
bill payable from time to time+ #he amount of CC shall be re3iewed each Iuarter
i+e+ April5 Guly5 October and Ganuary in each financial year+ f the a3erage monthly
billing during the ;%three* months preceding the re3iew is more than the amount of
already established CC5 the CC amount shall be enhanced to the a3erage amount of
monthly billing during the si, months preceding the re3iew+ f the amount of bill is
more than the amount of CC5 OPGC5 will prepare two bills5 one eIual to the
amount of CC and the other for the balance amount+ #he payment of the second
bill shall be claimed directly from the G1BCO+
--&4 Direct Pa$ment Disc#unt & 5urc'ar*e3
#wo point fi3e percent %2+0L* discount will be allowed on payment of the bills
through CC or directly from the G1BCO on the amount paid within <%se3en*
days+ f payment is made after < %se3en* days then one percent %1L* discount will
be allowed if payment is made within thirty %;'* days of presentation of the bills+
A surcharge calculated at the rate of one and half %1+0* percent per month on the
amount of the bill remaining unpaid shall be payable for the actual period of delay
beyond the due date of payment i+e+ thirty %;'* days after presentation of bill+
12+' Arbitration.
Any difference or dispute between the parties in relation to any matter arising out
of or in connection with this agreement5 which cannot be resol3ed in accordance
with pro3isions contained herein5 shall be referred for arbitration as pro3ided
below5 with due regard to the Caw of Arbitration applicable to the dispute in the
$tate of Orissa and the arbitrator%s* shall be persons of and hold proceedings in
Orissa+
12+1 All disputes5 claims arising out of this agreement including interpretation thereof5
shall be determined by Arbitration in accordance with the pro3isions of the law of
arbitration5 as applied in Orissa5 Orissa 8igh Court shall ha3e e,clusi3e
-urisdiction for all legal proceedings+
12+2 $tatutory Arbitration.
Aothing contained in this clause shall apply to the cases or disputes which are
reIuired to be determined through $tatutory arbitration in accordance with the
pro3isions of the Orissa 4lectricity 1eform Act+ 1//0 and ndia 4lectricity Act5
1/1'+
12+; Continuance in case of Arbitration.
Aot"withstanding the e,istence of any dispute or difference referred to arbitration5
the parties hereto shall continue performance of their respecti3e obligations under
this agreement with due diligence+
12+6 Amendment to Agreement.
Aot"withstanding anything contained in this agreement5 any amendment or
modification regarding any clause before or after e,ecution of this agreement can
be made by mutual agreement+ f both parties fail to reach an agreement5 the matter
shall be referred to the $tate Go3ernment whose decision shall be final and
binding+ J#he tariff calculations pertaining to this agreement is based on the
principles and norms stipulated in the notification dated ;'
th
(arch 1//2 %as
amended from time to time* of (inistry of Power5 Go3t+ of ndia+ Any change
made by the Go3ernment of ndia in the norms and principles of the said
Aotification from time to time will be applicable to this AgreementK+
1;+' Eorce (a-eure.
Ao party shall be liable for any claim for any loss or damage whatsoe3er arising
out of failure to carry out the terms of this agreement to the e,tent that such a
failure is due to force ma-eure on account of e3ent such as rebellion5 mutiny5 ci3il
commotion5 riot5 stri=e5 loc=out5 forces of nature5 accident or Act of God+ Any
party claiming the benefit of this clause shall satisfy the other party of the
e,istence of such an e3ent+
16+' mplementation of the Agreement.
All discretions to be e,ercised and directions5 appro3als5 consents and notices to be
gi3en and actions to be ta=en under those presents5 unless otherwise e,pressly
pro3ided herein5 shall be e,ercised and gi3en by the signatories to this agreement
or by the authorized representati3e%s* that each party may nominate in his behalf
and notify in writing to the other party+
Aot"withstanding any other nomination5 the General (anager of the !"#hermal
power $tation or Beputy General (anager %Einance* in the OPGC5 Corporate
Office5 shall be authorized to act for and on behalf of the OPGC+
#he Chief 4ngineer5 Commercial5 %Power Purchase & Power $ystem* of the
$uperintending 4ngineer %Power Purchase 91* shall be authorized to act for and on
behalf of the G1BCO+
All notices with regard to default or dispute relating to this agreement shall be in
writing and signed by the signatories to this agreement or by the authorized
representati3e%s* as abo3e+ 4ach such notice shall be needed to ha3e been duly
gi3en or sent by the party concerned5 if the notice is deli3ered against
ac=nowledgement or is sent by registered mail with postage prepaid5 by or to the
signatories or to the authorized representati3e%s* at their respecti3e addresses+
10+' Court of competent Gurisdiction.
All disputes arising out of and relating to sub-ect matter of this agreement shall be
sub-ect to the -urisdiction of Orissa 8igh Court+
1:+' Agreement will be deemed to ha3e come into force with effect from '1+'1+/0 and
will initially remain operati3e for thirty %;'* years from the date of commercial
operation of Unit 2 i+e+ 1+<+/: & could be e,tended beyond that by mutual
agreement+
1:+1 Erom '1+':+/65 till date of commercial operation5 payment will be made on net
e,change of power on monthly basis5 that is billing period shall be the month+ #he
rate payable to OPGC will be as per guidelines issued by Go3ernment of ndia for
such power5 that is only 3ariable cost+ f5 in any month5 drawal by OPGC e,ceeds
their supply to G1BCO5 the e,cess will be paid for as per the emergency power
supply tariff of the G1BCO+
1<+' #his agreement may be mutually e,tended or renewed by another agreement on
such terms and for such further period of time as the parties may agree+ 8owe3er5
the pro3isions of this agreement will continue to apply till this agreement is
formally renewed5 re3ised or e,tended+
JPro3ided further that the terms of this Agreement including the Capital 2 #ariff
structure shall not be amended or re3ised merely by a change of ownership of the
Power $tationK+
17+' n )itness )hereof the Parties ha3e e,ecuted these presents through their
authorized representati3es as on the day5 month and year first abo3e mentioned+
$d2"
%A+1+ AAABA*
C8A1(AA
O1$$A PO)41 G4A41A#OA C1OPA+
!8U!AA4$)A1
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1+ %$+P+ $wain * $d2"
2+ P+G $uryanarayan $d2"
(AAAGAG B14C#O1
O1$$A PO)41 G4A41A#OA C1OPA+
!8U!AA4$)A1+
)itness .
1+
2+
%(+D+ 1AO*
C8A1(AA"CU("(AAAGAG B14C#O1
Eor and on behalf of
#84 G1B CO1PO1A#OA OE O1$$A C#B+
SCHEDULE "I
-&. 5C6ED72ING OF GENER0TION
#he G1BCO will schedule generation at the b"#hermal Power $tation %2&21'
()+ Units 1 & 2* to operate it as a dispatchable station and will not allow load on
any unit to fall to a le3el below :0L of Contracted capacity at the nterconnection
Point where oil support may be necessary+ f the steady load on any unit is li=ely to
be reduced to such a le3el on account of system conditions5 the G1BCO5 unless
dictated otherwise by system security considerations5 will gi3e clearance to the
Power $tation to shut down such unit%s* and will reschedule generation
accordingly+ 8owe3er5 if on account of low load demand5 below :0L of
Contracted Capacity by G1BCO 5OPGC has to ha3e higher oil consumption than
the norms specified in $chedule 9 of this Agreement5 then G1BCO will pay to
OPGC for the Iuantity of e,cess oil thus consumed5 at actual+ #he Bispatch
nstruction shall ensure that the number of hours of operation with oil support is
not in e,cess of 0'' hours for each unit during a financial year+
#he minimum load of :0L has been assessed from the station parameters+
1+1 Capacity Aotices .
OPGC shall deli3er to G1BCO a capacity Aotice not e,ceeding the rated capacity
of the generating units under operation each day at 1'A+(+ on the day prior to the
rele3ant $chedule Bay containing the following information assuming that the system
3oltage and freIuency are maintained as per +4+ rules+
i* #he date and time that the Capacity Aotice is issued5
ii* #he schedule Bay to which it relates+
iii* Capacity of the #P$ for each $ettlement Period of ;' minutes throughout the
rele3ant $chedule Bay %and where such Beclared+ Capacity changes5 the time
at which any change is e,pected to ta=e effect*+
i3* #he capacity notice would include only the normal operating capacity of the
unit+ O3erloading capability will be a3ailable during emergencies o3er and
abo3e the declared capability sub-ect to technical limitations+
1+2 1e3ised capacity notice.
)hene3er OPGC belie3es that any information it has pro3ided to G1BCO in the
Capacity Aotice no longer accurately reflects its e,pectations5 OPGC shall
promptly deli3er to the G1BCO Control Center a written notice %a J1e3ised
Capacity noticeK* re3ising that information prior to any (onitoring Aotice+ A
re3ised Capacity Aotice shall contain the following information.
%i* #he date and time that the 1e3ised capacity Aotice is issued+
%ii* A reference to the pre3iously pro3ided information that is to be re3ised+
JBeclared CapacityK for any $ettlement Period %;' minutes* shall
mean the amount of electrical capacity5 e,pressed in () at the
nterconnection Point5 which OPGC has most recently declared in
a capacity Aotice or a 1e3ised capacity Aotice for that $ettlement
period5 which OPGC e,pects could be deli3ered to G1BCO if
#P$ was fully loaded+ %#his may be re3iewed after finalization of
operating procedures 2 Grid code for Orissa $tate and 2or 4astern
1egional Grid+
1+; Aormal Operation
a* Eor the purposes of establishing the net electrical capacity of #P$ and the reacti3e
power deli3ered during any $ettlement Period %other than while #P$ or a Unit is
responding to a Bespatch instruction to increase or decrease load*5 such capacity and
reacti3e power shall be based on the a3erage electrical capacity in () and of reacti3e
power in (@A1 during such $ettlement Period+
b* Eor any $ettlement Period5 outside the periods of monitoring5 a J$ingle Period
Capacity EailureK shall ha3e occurred if the electrical capacity of #P$ measured at the
nterconnection Point is less than /0L %/'L during first year of operation* of the net
electrical capacity which G1BCO reIuested OPGC to maintain pursuant to the
currently effecti3e Bespatch nstruction %other than while responding to a Bespatch
nstruction to increase or decrease load*+
c* Eor any consecuti3e $ettlement periods5 outside the periods of monitoring5 a
JEour Period Capacity EailureK shall ha3e occurred if the a3erage o3er the four
periods of the net electrical capacity of #P$ measured at the nterconnection
Point is less than /:L of the net electrical capacity which G1BCO reIuested
OPGC to maintain pursuant to the currently effecti3e Bespatch nstruction to
increase or decrease load+
d* Ao indi3idual $ettlement period shall be included in both a $ingle Period
Capacity Eailure and a Eour Period Capacity Eailure5 nor in more than one Eour
Period Capacity Eailure+
e* G1BCO shall obser3e the #echnical Cimits in issuing Bespatch nstructions
reIuesting #P$ to increase or decrease load+ Eor each settlement period during
which a unit is being loaded or deloaded5 a loading 2 deloading failure shall
ha3e occurred if the a3erage increase 2 decrease achie3ed during such
settlement period is less than /'L of the increase or decrease that would ha3e
been achie3ed if #P$ had followed the despatch instructions+ #he magnitude
of the loading 2 deloading failure shall be eIual to the difference between the
capacity that would ha3e achie3ed following the despatch instruction and the
a3erage capacity achie3ed during such period+
1+6 (onitoring
a* f5 when the $tation is despatched below the Capacity notice le3el5 G1BCO may
monitor #P$ or the rele3ant Unit in accordance with and sub-ect to the limits of
this Clause 1+6+
b* !efore monitoring5 G1BCO shall issue a J(onitoring AoticeK to OPGC
identifying the parameters it wishes to monitor+ Ao period of monitoring shall
commence earlier than thirty %;'* minutes after such (onitoring Aotice has been
gi3en+ #he (onitoring Aotice shall+
i* dentify the parameters to be monitored+
ii* $tate the ma,imum period o3er which monitoring will occur for each
parameter+ #he total period of monitoring shall not e,ceed four %6* hours
and
iii* nstruct OPGC as to how it should operate #P$ or the rele3ant Unit for the
purpose of demonstrating the identified parameter5 sub-ect to technical
limitations+
c* G1BCO shall ha3e the right to test the o3erloading capability of the
generating units o3er and abo3e the capacity notice gi3en by OPGC+
d* OPGC shall not be entitled to any additional compensation by reason of
monitoring of #P$ or any Unit+
e* Ao more than one (onitoring Aotice may be deli3ered by G1BCO in a
$chedule Bay unless the OPGC issues a re3ised Capacity Aotice after the
conclusion of the period of monitoring++
f* #he magnitude of such (onitored Capacity Eailure shall be eIual to the
Beclared Gross Generator Capacity of the Unit minus the monitored gross
generator capacity+ #he capacity established during monitoring5 if lower than
the Beclared capacity5 shall be the A3ailable Capacity until such time a 1e3ised
Beclared capacity becomes effecti3e pursuant to Para 1+2+
1+0 Obser3ed Capacity
Upon occurrence of any Eailure the Obser3ed Capacities of $ettlement Periods
affected by such Eailure5 shall be computed as follows.
a* f a $ingle Period Capacity Eailure has occurred5 the Obser3ed Capacity for the
$ettlement Period in which it has occurred shall eIual to the net electrical capacity
of #P$ measured at the interconnection Point during such $ettlement Period+
b* f a Eour Period Capacity Eailure has occurred5 the obser3ed capacity for the four
settlement periods o3er which it has occurred shall eIual a3erage net electrical
capacity of #P$ measured at the interconnection Point o3er the four $ettlement
periods and would e,tend for the full day of failure+
c* Eor the $ettlement Periods during which a JCoading EailureK2KBeloading EailureK
has occurred the obser3ed capacity for those settlement periods shall be the
declared capacity less the magnitude of the loading2deloading failure+
d* f a (onitoring Capacity Eailure has occurred5 the Obser3ed Capacity for each
$ettlement Period contained in the period of monitoring shall eIual the Beclared
capacity for such settlement period minus the magnitude of the (onitored capacity
failure applicable for three days prior to the monitoring or since the last monitoring
whiche3er is latter+
1+: 14GUCA#OA OE 14AC#@4 COAB OA #P$ .
A* #he scheduling of reacti3e loading on units at !"#hermal Power $tation shall be
regulated as per their Generator capability Cur3es+ #he power factor on the
generating units shall normally be maintained within '+70 lagging and leading
power factor would be a3oided to the e,tent possible but machine could be
operated at leading power factor as per capability cur3e+ Gridco shall pro3ide
adeIuate reacti3e compensation in the grid so as to =eep flow of reacti3e power in
the grid within optimum limits and thus maintain a 3iable profile under different
operating conditions+ 8owe3er5 in case5 G1BCO 2grid reIuire b" thermal power
station to generate higher reacti3e power than as mentioned abo3e %1;' (@A1 per
unit*5 G1BCO shall compensate OPGC for conseIuent loss of generation in terms
of the obser3ed generating capacity of the unit5 which shall be eIui3alent to one
() for e3ery two (@A1 of reacti3e power generated abo3e the limits of
generator capacity Cur3es+
!* Unless associated with an immediate reduction in net electrical output of 0'L or
more for any indi3idual $ettlement period5 a J$ingle period 1eacti3e Power
EailureK shall ha3e occurred if the reacti3e power deli3ered by the generators5
e,pressed in (@A1 and measured at the nterconnection Point5 is less than /'L of
the reacti3e power which G1BCO reIuested OPGC to maintain5 within the limits
of the Generator Capability Cur3es5 pursuant to the currently effecti3e Bespatch
nstruction+ #he magnitude of the $ingle Period 1eacti3e Power Eailure shall be
the difference between the le3el of reacti3e power which G1BCO reIuested
OPGC to maintain pursuant to the currently effecti3e Bespatch instruction and
le3el of reacti3e power actually deli3ered in such $ettlement Period+
C* Unless associated with an immediate reduction in net electrical output of 0'L or
more for any four consecuti3e $ettlement periods5 a JEour period 1eacti3e Power
EailureK shall ha3e occurred if the a3erage o3er the four periods of the reacti3e
power deli3ered by !"#hermal power $tation measured at the nterconnection
Point is less than /0L of the reacti3e power which G1BCO reIuested OPGC to
maintain5 pursuant to the currently effecti3e Bespatch nstruction+ #he magnitude
of the Eour Period 1eacti3e Power Eailure shall be the difference between the le3el
of reacti3e power which Gridco reIuested OPGC to maintain pursuant to the
currently effecti3e Bespatch instruction and the a3erage le3el of reacti3e power
actually deli3ered o3er the four $ettlement periods+
B* Ao indi3idual $ettlement Period shall be included in both a $ingle Period 1eacti3e
Power Eailure & a Eour Period 1eacti3e Power Eailure5 nor in more than one Eour
Period 1eacti3e Power Eailure+
4* f a $ingle Period 1eacti3e Power Eailure has occurred5 the Obser3ed Capacity for
the $ettlement period in which it has occurred shall eIual the Beclared Capacity
for such $ettlement Period minus a number of () that is eIual to one"half the
magnitude %e,pressed in (@A1* of the $ingle Period 1eacti3e Power Eailure+
E* f a four Period 1eacti3e Power Eailure has occurred5 the Obser3ed Capacity for
the four $ettlement Periods o3er which it has occurred shall eIual the Beclared
Capacity for such $ettlement Periods minus a number of () that is eIual to one"
half the magnitude %e,pressed in (@A1* of the Eour Period 1eacti3e Power
Eailure+
1+< A3ailable Capacity & Output Computation
#he following procedure shall be adopted in conformity with Grid Code in
computing A3ailable Capacity+ Aet A3ailability and 4lectrical output5 for which
necessary metering shall be pro3ided and software be de3eloped by G1BCO 2
OPGC+ #ill such time5 computation will be done on the basis of the a3ailable
metering facility and sample calculation gi3e in $chedule 9@+
a* Eor each $ettlement Period5 the JA3ailable CapacityF shall be eIual
to the lower of the Beclared capacity or the obser3ed capacity %if
any* stated by Gridco+
b* #he JAet A3ailabilityK with respect to any period of time shall be
e,pressed as a percentage and shall eIual+ 1'' & ACsp2 %$P &CC*
)here AC spM the sum of A3ailable Capacities for all $ettlement periods
Contained in such period of time+
$PM the total number of $ettlement Periods contained in such period
of time+
CC M Contracted Capacity
C* N4lectrical outputF shall mean 4nergy deli3ered by OPGC to G1BCO at the
nterconnection Point5 e,pressed in ?)85 if the Aet 4lectrical Capacity deli3ered
by OPGC is in e,cess of four %6* () for two units %two %2* () when one unit is
in operation* o3er the le3el of Aet 4lectrical Capacity reIuested by G1BCO in the
currently effecti3e Bespatch instructions5 the 4lectrical Output shall not include
any such e,cess energy deli3ered by OPGC+ #his is to be read with para 7+' of
$chedule 9+
1+7 Bate of Commercial Operation.
#he unit no+1 would be considered commercially operati3e from 2'+12+/6 as
declared by OPGC+ $imilarly5 unit no+2 will be considered commercially operati3e
on '1+'<+/:+
1+/ #he $tabilization Period of a newly commissioned 21' () generating unit shall
be ta=en as 17' days from the date of Commercial Operation+
SCHEDULE "II
#A1EE
2+' #he tariff will be computed and shall be applicable to the power on net e,change
basis at the nterconnection Point at 22' ?@+
2+' %a* Eor the purpose of calculation of tariff5 the Capital Cost of #P$ Unit H 1 & H2 will
be 1s+1':' Crores5 which is the actual cost plus interest during construction of which
1s+60' Crores shall be considered as 4Iuity and the balance as Bebt+ #he capital cost
towards Unit H 1 & 2 share of the 1apid coal loading $ystem %1C$* and 8ydrogen
generation plant estimated at 1s+1'+<2 crores %as debt*shall be added to the Capital cost
after these facilities are commissioned+ Alternati3ely if it is agreed to share the 1C$
system on a mutually agreed rental basis5 the same shall be passed on at actual to
G1BCO through 3ariable charges $i,ty percent %:'L* of the total Capital Cost for Units
H 1 & H2 shall be adopted for computation of tariff till commercial operation of Unit H 2 of
the $tation5 the total capital cost being adopted for such purpose when both units are in
commercial Operation+
f any part of the facilities created at b thermal Power $tation cost of which is included in
1s+1':' crores mentioned abo3e is transferred to any other agency for addition of more
units at b#P$5 the cost of the pro-ect for the purpose of tariff will be reduced by an
amount eIual to the 3alue recei3ed from such agency at that time+ $uch reduction will be
made from the eIuity capital of the pro-ect+ f part of the facilities included in the cost of
Units 1 & 2 is used for e,tention of the plant by more units by OPGC itself5 cost of the
e,isting plant will remain as such and only the incremental cost of additional plant will be
added to the cost of Units 1 & 2 for calculation of tariff for the combined plant+
b* Capital cost of 1s+1':' crores ta=en for computation of tariff is sub-ect to appro3al
of C4A+
c* CiIuidation of debt and eIuity through depreciation will be done according to
clarification to be obtained from GO as mutually agreed by both parties+
;+' Annual Ei,ed Cost
Annual fi,ed cost shall consist of the following .
a* Bepreciation 9 Bepreciation charges shall be eIual to <+0L of Capital cost during
any year+ #he total amount to be reco3ered through depreciation shall not e,ceed
/'L of the Pro-ect Cost+
b* 1eturn on eIuity M 1:L+
c* nterest as per actual at the pre3ailing rates will be calculated on the debt
component outstanding+ ncluding rephrasing interest if any5 charged by the lenders
due to non"receipt of dues from Gridco+ #otal amount of loan shall not e,ceed the
pro-ect cost minus 1s+60' crores %4Iuity*+ #he balance amount of loan not a3ailed
by OPGC shall be ta=en into account from the date of a3ailability of such loan and
interest thereon shall be passed on to tariff sub-ect to a3ailing the loan within the
o3erall appro3ed cost of the pro-ect+
d* $hare of O& ( e,penses5 including insurance5 estimated at the rate of 2+0L of the
Capital cost+ #he cost of shared facilities for units 0 & : will not be considered and
the pro-ect cost will be ta=en as 1s+1';' crores for the purpose of operation and
maintenance charges+
e* #he O& ( charges determined as abo3e shall be escalated by 7L each year from
1+6+/:5 the first escalation factor becoming applicable on 1+6+/< on the entire cost
of 1s+1';' Crores+
f* Interest #n W#r8in* Capital 9ill (e 9#r8ed #ut #n t'e "#ll#9in* (asis #n
n#rmati!e le!el #" *enerati#n calculated at t'e rate #" interest applica(le t#
OPGC "#r its 9#r8in* capital "acilit$ as #n t'e "i%ed c'ar*e c#mputati#n
date&
i) C#al c#st "#r -&: m#nt's
ii) Oil c#st "#r 1 m#nt's
iii) O & ; e%penses "#r - m#nt'
i!) Recei!a(les "#r 1 m#nt's
g* ncenti3e 2 Bisincenti3e .
#he Eull Ei,ed Charges will be paid to OPGC sub-ect to ad-ustment pro3ided
OPGC achie3es Actual Aet A3ailability %AAA* within the normal operating range
determined as under.
i* Aormati3e le3el of A3ailability %AAC* shall be the weighted a3erage Aet
A3ailability le3el arri3ed at after considering Aet A3ailability le3el of 01+;<L 2
year for units during stabilization period and :7+6/L 2 year for units which ha3e
completed 17' days of commercial operation+
ii* ncenti3e 2 disincenti3e will be calculated on the basis of actual PCE plus deemed
generation as certified by the $CBC for the instructions gi3en by them for any
bac=ing down+
#he parameters for the abo3e costs shall be adopted in accordance with the
pre3ailing Go3t+ orders 2 directi3es 2 guidelines further amendments issued thereon
from time to time+
6+' AC4A#@4
)here the Actual Aet A3ailability %AAA* in any financial year e,ceeds the
Aormati3e le3el of Aet A3ailability %AAC*5 an ncenti3e %* as per following
formula will be paid to OPGC by Gridco+
ncenti3e %* %1s+*
4Iuity capital sub-ect to ma,imum of ;'L of Pro-ect Cost & '+;0 & %L PCE
achie3ed during the year including deemed generation " L AAC* 2 1'' %1s+1+11;
as per each 1L*+
0+' Bisincenti3e .
)here the Actual PCE achie3ed including deemed generation in any financial year
falls below the Aormati3e le3el of A3ailability %AAC* the Ei,ed Charges in Clause
;+' will be reduced at the rate of %1+6:L* of the fi,ed charge applicable on
normati3e le3el for e3ery 1L fall in a3ailability below :7+6/L+
6&. Inc#me Ta%
ncome #a, on the income for supply of power will be passed to Gridco+ 8owe3er5
income ta, on any other income and the incenti3e will be borne by OPGC on first
charge basis+
<+' Euel Cost .
Euel cost per ?)8 shall be computed for energy sent out at 22' ?@ bus bar of the
Power $tation from the following.
a* $tation 8eat rate
b* $pecific oil consumption
c* Gross calorific 3alue of oil as deli3ered to the Power $tation
d* Gross calorific 3alue of coal as deli3ered to the Power $tation+
e* Price of oil as deli3ered to the power $tation
f* Price of coal as deli3ered to the Power $tation
g* An allowance for au,iliary power Consumption for the station+
h* llustrati3e Calculation for fuel Cost inclusi3e of rental charges if any
for the 1C$+
i* !ase Euel Cost 9 After $tabilization
1s+ O %;+0 & 1'
9:
& <216* P %20'' 9 ;+0 & 1'* & 617 Q
?)8 ;6'' 1'''
M 1s+'+;27; M ;2+7; p2u
Eor Aet Output ;2+7; M ;:+2<: p2u or say ;:+27 M D
'+/'0
ii* !ase Euel Cost 9 during $tabilization Period
1s+ O%0 & 1'
9:
& <216* P %2:'' 90 & 1'* & 617 Q
?)8 ;6'' 1'''
M 1s+'+;6/0< M ;6+/0 p2u
Eor Aet Output ;6+/0 p2u M ;7+76 M D
1
'+/
7+' Computation of #ariff .
#he tariff for sale of power from #P$ %2, 21' ()* is to be determined on two
part basis %e,cluding ta,es5 duties5 cess and le3ies which shall be paid additionally* for
each year5 as gi3en below.
a* Ei,ed charges per year as gi3en from 1s+ &
%a* to %f* in section ;+' of $chedule"
Ei,ed charges per month 1s+ & 2 12
b* @ariable charges per ?)8 for the month
At the interconnection Point 1s+ D or D1
c* Aet output for month shall be the energy deli3ered
during month computed as pro3ided in C1+1+< %c*
of $chedule 1+
d* #otal monthly charges sub-ect to 1s+ & 212 P 1s+ D & AGA %?)8*
to annual ad-ustments+ )here AGA is the energy in ?)8
measured at the interconnection point
point as set out in Clause 1+< %c*+
#ariff shall be calculated based on the following parameters when both Units are in
Commercial Operation.
1+ nstalled Capacity () 62'
2+ Au,iliary Consumption Percent /+0 %1' during
stabilization*
;+ Aet Contracted Capacity ;7'+1' %;<7 during
at the nterconnection Point () stabilization*

6+ Capital Cost including $hared
Eacilities for Unit 9;5650 & :+ 1s+ Crores 1':'
0+ Capital Cost for #ariff 1s+ Crores 1':' O to be ad-ustedQ
for sharing for units 0 & :
:+ 4Iuity " do " 60'+'' O do Q
<+ Coan " do " :1'+'' Osub-ect to
actual loan a3ailedQ
7+ Buring Unit 1 operation :'L of Capital cost
will be considered for
calculation of tariff
/+ Bepreciation of Capital Cost Percent Dearly
depreciation
amount will be limited
to <+0L of capital cost
in any year+ Betails of
depreciation as per
Clause ;+' %a* abo3e+
1'+ 1eturn on 4Iuity " do " 1:
11+ nterest on loan As per actual
12+ O & ( e,penses %inclusi3e of
insurance charges* on total Capital
cost of 1upees 1';' Crores5 boo=ed
to Unit 1 & 2 with infrastructure for
Units ; & 6+ Percent 2+0
1;+ Annual rate of escalation of
O & ( e,penses+ Percent 7
16+ Aormati3e le3el of operating * Percent :7+6/
range %AAC* ii* Percent 01+;< %during
stabilization period *
10+ $tation 8eat 1ate ?cal2 ?)8 20''
2:'' %during
stabilization period*
1:+ $pecific Oil Consumption (C2 ?)8 ;+0
0 %during
stabilization period*
1<+ Gross Calorific @alue of
Coal %base* ?cal 2 ?g ;6''
17+ Gross Calorific @alue of ?cal 2 Cit 1''''
Coal %base*
1/+ Coal Cost %base* 1s+2 #on 617 %to be corrected as
per administered price
Aotification of GO*+
2'+ Oil Cost %base* 1s+ 2?C <216 %to be corrected as
per administered price
Aotification of GO*+
21+ $tabilization Period Bays 17'
22+ ncenti3e Pecent as per Cl 6+' of
$chedule
2;+ Bisincenti3e as per Cl 0+' of
$chedule
26+ 1ebate for payment As detailed in para
through CC 11+; of Agreement
20+ $urcharge per month for delayed
payment beyond one month Percent 1+0R
R $urcharge of 1+0L per month gi3en in para 11+; of the agreement on all delayed
payment of outstanding bills shall be sub-ect to the clearance of G+O++ on the issue+ #ill
such time howe3er5 OPGC will raise bills towards all penal interest5 and any other interest
or liability suffered by OPGC on account of delayed payment from Gridco and the same
shall be reimbursed by Gridco+
/+' (OA#8CD EU4C P1C4 @A1A#OA ABGU$#(4A#
#he fuel cost computed as per Clause <+' of this $chedule 9 shall be sub-ect to
monthly fuel price 3ariation ad-ustment as per the following formula5 to be algebraically
added to the fuel cost+
Euel Price Ad-ustment for a month in Paise 2 ?)8
1' 8
o
OP
O(
" P
O$
Q P 1' 8
c
OP
C(
" P
C$
Q
1'' 9 A O?
O(
?
O$
Q 1''"A O?
C(
?
C$
Q
where
8
o
is heat from oil as deri3ed from parameters5 that is5 ;0 ?cal 2?)8 %0' ?cal 2
?)8 during $tabilization Period*
A is au,iliary consumption in percentage5 that i+e+ /+0 %1'+' during $tabilization
Period*
P
O(
is weighted a3erage base price of oil recei3ed during the month in 1s+2 ?C at
Power $tation as furnished by OPGC+
?
O(
is weighted a3erage gross calorific 3alue of oil recei3ed during the month in ?cal 2
liter+
P
O$
is weighted a3erage price of oil as ta=en for initial fi,ation of tariff5 that is5
1s+<216 2 ?C+
?
O$
is gross calorific 3alue %base* of oil as ta=en for initial fi,ation of tariff5 that is5
1'''' ?cal 2 Cit+
8
c
is heat from coal as deri3ed from parameters5 that is 26:0 ?cal2 ?)8 %200'
?cal 2 ?)8 during $tabilization Period*+
P
C(
is weighted a3erage price of coal recei3ed during the month in 1s+2(# at Power
$tation as furnished by OPGC+
?
C(
is weighted a3erage gross calorific 3alue %base* of coal recei3ed during the month
in ?cal2 ?g+
P
C$
is weighted a3erage price of coal as ta=en for initial fi,ation of tariff5 that is
1s+6172 (#+
?
C$
is gross calorific 3alue of coal as ta=en for initial fi,ation of tariff5 that is ;6''
?cal2?g+
#he abo3e5 monthly fuel price ad-ustment shall be consolidated at the end of the
financial year and certified by the $tatutory auditors+ #hese prices and GC@ for oil
and coal for one year shall be the weighted a3erage %base* for the ne,t year+
1'+' C4@4$5 #A&4$5 BU#4$5 C4$$ 4#C+ .
#he abo3e tariff is e,clusi3e of any statutory ta,es5 le3ies5 duties5 cess or any other
=ind of imposition%s* whatsoe3er imposed 2charged by any Go3ernment %Central 2
$tate* and 2 or any other local bodies 2 authorities on generation of electricity
including au,iliary consumption or any other type of consumption5 transmission
sale or on supply of power 2 energy and 2 or in respect of any of its installations
associated with Generating $tations and 2 or on #ransmission $ystem5
4n3ironmental Protection5 )ater etc+ 8owe3er electricity duty payable on energy
drawn by OPGC if any5 shall be payable by OPGC and reimbursed by Gridco+
11+' P1ACPC4$ EO1 CACCUCA#OA OE #A1EE
i* nterest will be calculated on the a3erage loan at the beginning and end of the year+
ii* Annual fi,ed charge for a bloc= of ; years on annual basis will be determined+
iii* A3erage of the annual fi,ed charge determined as abo3e will remain fi,ed for ;
years+
i3* @ariable charge will be calculated at the beginning of each year based on the rates
pre3ailing at that time+
3* Abo3e payment are only for basic fi,ed charges and 3ariable charges for monthly
bills+
3i* Eirst bloc= will be up to ;1+;+/<+
3ii* $upplementary bills will be raised for the following+
a* Euel price ad-ustment on half yearly basis+
b* ncenti3e 2 disincenti3e at the end of year+
c* ncome #a, as per actual to be reimbursed as detailed in Para 9 :+' of $chedule
9+
d* Any other charges 2 ta,es etc+
12+' 14@$OA OE #A1EE
#he tariff shall be sub-ect to re3ision at the item of renewal replacement of
e,tension of this Agreement or on further addition to generation capacity or if
reIuired as a result of any guidelines 2 directi3es that the go3ernment of Orissa
and2or Go3ernment of ndia may issue from time to time regarding the tariff and its
application+ Pro3ided that in any e3ent the tariff and the parameters for its
calculation shall be sub-ect to re3ision at inter3als of three years+ 8owe3er5
pending re3ision of tariff when due5 the energy supplied will continue to be billed
and paid in accordance with this Agreement+
SCHEDUEL "III
#4C8ACAC C(#$
1+ ndi3idual Generating Unit Characteristics
#he 3alues contained in this $chedule 9 are based on achie3ing Contracted
Capacity of 17/ () net per Unit at the nterconnection Point during the
stabilization period and 1/'+'0 after stabilization+
a* Capacity of Generating 4Iuipment.
%i* 26< (@A generator capacity
%ii* 21' () continuous capacity
%iii* solated phase bus duct and generator step"up transformers are
rated 26' (@A
b* (inimum $table Coad
(inimum $table Coad is :0 percent of Unit ma,imum continuous rating without
au,iliary fuel while burning performance coal+
c* $tart"up #imes
$tart"up times are from boiler light 9off to full load+
%i* Aormal Operation
Cold $tart from ambient 1' hrs
)arm $tart after 6' hours shutdown < hrs
8ot $tart after 1' hours shutdown ;+0 hrs
%ii* 4mergency Operation
Cold $tart from ambient 7 hrs
)arm $tart after 6' hours shutdown 0 hrs 20 mts
8ot $tart after 1' hours shutdown 2hrs+ 20 mts+
d* !loc= Coad on $ynchronizing
i* Cold $tart 1' ()
ii* )arm $tart 1' ()
iii* 8ot $tart 6' ()
e* (a,imum Coading & Beloading 1ates .
(ode #ype Coad %()* nitial 1otor
#emp %C*
1amp 1ate
%()2(in*
Cold Aorm24mer 1' 9;' ;1' '+6
Cold Aorm24mer ;'"21' ;<' 1+<
)arm Aormal 1'";' ;1' '+20
)arm Aormal ;'"21' ;<' 1+'
)arm Aormal 6'"21' 6;'R 1+<
)arm 4mergency 1'";' ;1' '+6
)arm 4mergency ;'"21' ;<' 1+<
)arm 4mergency 6'"21' 6;'R 6+0
8ot Aormal ;'"21' ;<' 1+'
8ot Aormal ;'"21' 6;'R 1+<
8O# 4mergency ;'"21' ;<' 1+<
8O# 4mergency 6'"21' 6;'R 6+0
Aormal Opr+ Aormal /'"21' 6:' 2+2
Aormal Opr+ Aormal 110"21' 6/' 6+'
Aormal Opr+ 4mergency /'"21' 6:' 0+0
Aormal Opr+ 4mergency 110"21' 6/' Cimited only
by boiler
SCHEDULE "I#
COA#1OC AAB OP41A#OA OE #P$
$C84BUC4B AAB (AA#4AAAC4 OU#AG4$
a* OPGC shall %i* at least forty"fi3e %60* Bays prior to the Commercial Operation
Bate of each Unit submit its desired schedule of $chedule Outage periods to
Gridco for the first full (aintenance Dear after it is commissioned. and %ii* by
the following (arch 1 and each succeeding (arch 1 of each (aintenance Dear
%or by such other date as may be prescribed by regulation or5 if no such date is
so prescribed as the parties may agree* submit to Gridco in writing its desired
schedule of $cheduled Outage periods for the following (aintenance Dear+
OPGC will use its reasonable endea3ors to not set any $cheduled Outage
periods during the (onths of April5 (ay and Gune and will further use its
reasonable endea3ors to set $cheduled Outage periods for times during the
(onth of Guly5 August $eptember and October+
b* !y (ay 1 before each succeeding maintenance Dear %or by such date as may
be prescribed by regulation or it no such date is so prescribed5 as the Parties
may agree* Gridco shall notify OPGC in writing whether the reIuested
schedule of $cheduled Outages for each (aintenance Dear is acceptable+ f
Gridco does not accept any one or more of the reIuested $cheduled Outages5
Gridco shall promptly ad3ise OPGC of a time when Gridco determines any
such unacceptable $cheduled Outage can be rescheduled+ $uch rescheduled
time shall be as close as reasonably practicable to the reIuested time5 shall
comply with the #echnical limits5 shall be consistent with prudent Utility
practices and the manufacturersF recommendations and shall be of eIual
duration as the reIuested period+ f Gridco fails within the allowed period to
ob-ect to any $cheduled Outage of which it recei3es notice or fails within such
period to ad3ise OPGC of a substitute time5 OPGC may adhere to its schedule
of the $cheduled Outage%s* for the times started in such notice+
JPrudent Utility PracticesK shall mean those practices5 methods5 techniIues and
standards5 that are generally accepted in ndia5 and commonly used in electric
engineering and operations to design5 engineer5 construct5 test5 operate and
maintain eIuipment lawfully5 safely5 efficiently and economically as applicable
to power stations of the size5 ser3ice and type of #P$S and that generally
confirm to the manufacturerFs operation and maintenance guidelines+
c* OPGC shall schedule $cheduled Outages only at times determined as aforesaid5
pro3ided howe3er5 that Gridco shall not reIuire OPGC to schedule $cheduled
outages in a manner or time which is outside the #echnical limits5 is
inconsistent with Prudent Utility practices or the manufacturersF
recommendations or that otherwise5 in the reasonable -udgment5 of OPGC5
ris=s damage to #P$5OPGC may reschedule such outage only due to a 3alid
reason and any such date for rescheduling shall be fi,ed by mutual consent+
d* Aotwithstanding the fi,ing of the time for a $cheduled Outage pursuant to
Clause 1+: of $chedule @5 Gridco may upon written notice reIuest to OPGC to
reschedule any schedule outage+ $uch rescheduling will be done by mutual
consultation on a date acceptable to OPGC & Gridco+
e* All scheduling and rescheduling pursuant to clauses %b*5 %c* and %/d* abo3e
shall be done without unfair discrimination between #P$ and all other plants
pro3iding capacity and2or energy to Gridco+
f* Gridco shall use reasonable endea3ors to coordinate its maintenance
programme for the interconnection Eacilities and the #ransmission Eacilities
with the appro3ed $cheduled Outages so as to minimize any disruption to the
operation of #P$+
g* )hen the need arises for a (aintenance Outage5 OPGC shall ad3ise Gridco of
such need5 of a description of wor= reIuired and of the commencement and
estimated duration of such wor= and Gridco shall allow OPGC to schedule
such (aintenance Outage within a period of time reasonable under the
circumstances5 but in any e3ent at such time as would not cause #P$ to e,ceed
the #echnical Cimits or to be operated in a manner which is inconsistent with
prudent Utility Practices+ OPGC may ad3ise Gridco orally of the abo3e
matters and Gridco shall respond orally within twenty"four %26* hours of such
notice+ Gridco and OPGC shall confirm such communication in writing within
se3en %<* days+
2+ Operation
a* Gridco may issue despatch nstructions directing OPGCFs generating plant
operator to 3ary output from #P$ between :0L of the Contracted Capacity
and 1''L of the Beclared Capacity during the first year of commercial
operation of the units+ n addition5 when only one Unit is in operation Gridco
shall ha3e the right to despatch the Unit in operation from :0L of its
Contracted Capacity to 1''L of its Beclared Capacity+
b* Procedures for despatch of #P$ shall be in accordance with despatch
procedures for similar pro-ects on the G1BCO system5 or in accordance with a
duly established Grid Code5 pro3ided5 howe3er5 that the despatch procedures
for #P$ shall be in accordance with Prudent Utility practices+
c* OPGC shall not be reIuired to operated #P$ other than in accordance with
Prudent Utility Practices or the #echnical Cimits as such limits may be
temporarily modified pursuant to a capacity notice or a 1e3ised Capacity
Aotice+
;+ COO1BAA#OA CO((##44 (4(!41$8P AAB BU#4$
A* #he Parties shall establish a Coordinating Committee comprising si, %:* members5
OPGC and G1BCO shall each appoint three %;* of the si, /:* members+ #he
Coordinating Committee shall be responsible for the coordination of construction
and operation of the nterconnection Eacilities5 #ransmission Eacilities and their
coordination with the G1BCO Grid $ystem+ )ithout limiting the generality of the
foregoing5 the power and duties of such representati3es shall include.
i* #he coordination of the respecti3e programmes of the parties for the construction
and commissioning of the G1BCO #ransmission Eacilities and nterconnection"
Eacilities and #P$5 and agreement where necessary upon the respecti3e
commissioning procedures+
ii* #he discussion of the steps to be ta=en on the occurrence of any e3ent of Eorce
(a-eure5 or the shutdown or reduction in capacity for any other reason of the
nterconnection Eacilities+ #ransmission Eacilities or #P$+
iii* #he coordination of scheduled maintenance programmes+
i3* #he coordination of forecasts or reIuirements from #P$+
3* #he de3elopment of operating procedures+
3i* $afety matters affecting both the Parties and their Contractors+
3iii* Clarification of 4mergency plans de3eloped by G1BCO or reco3ery from a local
or widespread electrical blac=out+
i,* 1e3iew and re3ision of protection schemes and de3icesS and
,* Any other mutually agreed matter affecting the operation of #P$ and the
G1BCO Grid $ystem including re3iew of the operating parameters5 despatch
limits etc+
b* #he Coordinating Committee may agree upon procedures for the holding of
meetings the recording of meetings & the appointment of sub"committees+ #he
chairmanship of the coordinating Committee shall rotate each year between the
Parties5 and the parties agree that the first chairman shall be nominated by
G1BCO+
c* n case of matters not resol3ed by consensus %unanimous agreement of the parties*+
#he coordinating Committee or either party may refer the matter referred to in
Clause %a* to the Chief e,ecuti3es of G1BCO and OPGC for further consideration
and resolution+
6+ (AA#4AAAC4 OE 14CO1B$
4ach Party shall =eep complete and accurate records and other data reIuired by
each of them for purposes of proper administration of this Agreement Among other
records and data reIuired hereby or elsewhere in this agreement5 OPGC shall maintain an
accurate and up to date operating log at #P$ with records of .
a* real and reacti3e power production for each hour and 22' ?@ bus 3oltage at all
times %for this purpose OPGC shall install a strip chart recorder to ma=e a
continuous recording of such parameters on appropriate magnetic media or
eIui3alent as determined by the Operating Committee* suitable for
#elemetering to the $tate Coad Bespatch Center+
b* Changes in operating status5 $cheduled Outages5 (aintenance Outages and
Eorced Outages . and
c* Any unusual condition found during inspections+

50;P2E BI22 FOR;0T
ORI550 POWER GENER0TION CORPOR0TION 2TD&
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;* AAAUAC ABGU$#(4A# )CC !4 (AB4 A# #84 4AB OE #84 EAAACAC D4A1+
FOR 0ND ON BE602F OF OPGC

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