Power Tradingg&

Tariff Based Tariff Based Competitive Biddingp g

ElectricityMarketElectricityMarketyyConceptsConceptspp

Electricity Market Electricitymarketbroadlymeansacollectionofarrangementsforsaleandpurchaseofelectricity

CompetitiveElectricitymarketimpliesanarrangementwherepriceisdeterminedbydemandandsupply

3

Power Market Structure in India

LongTermk

ShortTermMarkets(up Realtime

b l iMarkets( p

to1year) balancing

RegulatedLicensed

UIAssetsInterstateandas

State level

LicensedTraders/Bilateral

mechanismCostcurve+penalty

Statelevel

CompetitiveBiddingcase 1 and

PowerExchange

case1andcase2

PowerMarketStructure

CompetitiveBidding

Case1

Case2LongTerm

Case 2CostPlusExpansionProjects

BilateralwithOAConsumers

PowerMarket

ConsumersGenerator/Trader

ToDiscoms

ThroughTraders

AtExchangesDirect Among

ShortTerm

(upto 1year)

DirectAmongDiscoms

PowerExchange

CompetitiveBidding

Electricity contracts can be of a large varietyElectricity Market

Electricitycontracts canbeofalargevariety Longterm,Shortterm,Realtime Physical,financial Energy,transmissionrights,ancillaryservices

Differenttypesofcontractsservedifferentneeds Longer term contracts are for securing supply for base Longertermcontractsareforsecuringsupplyforbase

loadwithhedgingofpriceriskforbuyerandsecuringreturnoninvestmentbygenerator

Shortertermcontractsareforoptimizingactualdemandandsupply

Realtime markets are for managing imbalances and forReal time marketsareformanagingimbalancesandforsecuresystemoperationinrealtime

Differentsubmarketsarelinked.Marketplayersuseallthedifferentsubmarkets

6

How DISCOMs Procure Power LongtermregulatedCostPlusPPA LongTermCompetitivebiddingbasedpricePPA

di Mediumtermcontracts>1yeartoupto7yearsthroughPPA

Short term contracts for 1 year Shorttermcontractsfor1year Shorttermseasonalcontracts(nonstandardcontractsthroughTradersordirectly)g y )

Termaheadcontracts(throughPX) Dayaheadcontracts(throughOpenAccess/PX)y ( g p ) RealtimemarketUnscheduledInterchange

7

DISCOM Portfolio Actual Load Forecasted Load Real Time Market / UI

Day ahead C

2 - 3 %>0.5 %

Medium Term Contracts > 1year up to 7 years

Short Term Contracts< 1 yr

Contracts

10-15 %

5-10%

Long Term Contracts 7-25 yrs

70-85%

D

e

m

a

n

d

Time Varies from country to country Norway 50-60 % Spot, Brazil 103 % Long term

Arrangement for Sale of Power in India

CPSUs IPPSState Gencos

a

t

e

d

/

i

a

t

e

d

%%3%3%2%2%

Structure of power market

Power exchangesUI mechanism

Direct consumersTraders

R

e

g

u

l

a

N

e

g

o

t

Discoms

5%5%

L t

Trading traders/ direct

consumersTraders

Long Term Short Term

o

m

p

e

t

i

t

i

v

e

B

i

d

Discoms90%

Long term

Long Term Short Term

C

o

Memorandum of Understanding (MOU)History of Power

Bulk Power Supply Agreement (BPSA)Single agreement with all beneficiaries of station

Po er P rchase Agreement (PPA)

History of Power Supply Agreements in India

Power Purchase Agreement (PPA)Separate Agreement for each station and beneficiary

9

Trend of Short Term Power Sale in India

14.0%

16.0%

10.0%

12.0%

6.0%

8.0%

2.0%

4.0%

0.0%

A

u

g

0

8

S

e

p

0

8

O

c

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0

8

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J

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0

9

F

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b

0

9

M

a

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0

9

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p

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9

M

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0

9

J

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9

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9

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9

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9

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9

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9

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0

F

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1

0

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0

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0

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1

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1

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2

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10

Need of Power Trading

Tofulfilsurplusanddeficitgaps Essential for resource optimization, noEssentialforresourceoptimization,nobackingdownofgeneratingstations

I d PLF ti l l f St t P ImprovedPLF,particularlyofStatePowerUtilities

Reductioninloadshedding

11

( f d ) l

Trading Margin CERC(FixationofTradingmargin)Regulations2010

dated11thJan2010

Toapplyonshorttermbuyshorttermselltransactions

Tradingmarginshallnotbechargedexceeding7p/kWhincasethesalepriceisexceedingRs3/kWhand 4 p/kWh in case the sale price is less or equal toand4p/kWhincasethesalepriceislessorequaltoRs3/kWh

S i b ki t ti d t f ll i Swappingorbankingtransactionsdonotfallincategoryoftrading purchaseofelectricityforresaleas no resale is involvedasnoresaleisinvolved

12

( f d ) l

Trading Margin CERC(FixationofTradingmargin)Regulations2010 Longtermriskscannotbemitigatedthroughatrading

margin,thesamecanbedecidedbymarketforces.

Tradingmargintoapplyonscheduledenergy&notoncontractedordeliveredquantum

TradingmarginspecifiedaboveisthecumulativevalueofmarginchargedbyalltradersinvolvedinthetransactionbetweentheGeneratorandtheUltimateBBuyer

UltimateBuyerincludesaDistributionLicensee

13

Overview of Bilateral Trading

Agreements Quantumofpower,meteringpoint,transmissionlosses

i d f l ( h i bl k) Periodofsupply(Days,hours,timeblock) Price Transmission(OA)charges,operatingcharges

Traders margin Trader smargin Paymentsecuritymechanism Billing&payment Default handling/ penaltyDefaulthandling/penalty

14

Overview of Bilateral Trading

15

Overview of Bilateral Trading

16

A common platform for trading of electricity on day What is Power Exchange?

Acommonplatformfortradingofelectricityondayaheadbasis

Neutralandtransparent welldefinedrulesp Confidentialityofbids Financialcounterpartyfortrades paymentsecurityfor

participants Coexistswithlong/shorttermbilateralcontracts Competitive price discoveryCompetitivepricediscovery Simultaneoushandlingofcontractsandtransmissionaccess

Electronicplatformfast&efficient Promotessystembalance Lowtransactioncost

17

Price and Volume Determination

)

Demand

P

r

i

c

e

(

R

s

.

/

M

W

h

)

Supply

18

P

Volume (MW)

Hourly Price Index

19

PX will be a separate Company registered under Companies Act

Power Market Regulations 2010 PXwillbeaseparateCompanyregisteredunderCompaniesAct PXshallberegisteredwithCERC(AnnualFee) Byelaws and rules of PX to be approved by CERCBye lawsandrulesofPXtobeapprovedbyCERC Restrictionsonshareholdingpatternandstaffing ContractstobeapprovedbyCERC NetworthnormsforPX(Rs.25crores) Normsformembership Separateclearinghousemustforaderivativeexchange ClosureormergerofPX,ifmarketshareis

f h d l f llTimeLineforschedulingofCollectiveTransaction

10:00 14:00 18:0012:00 13:00 15:00 17:30

RLDCs/SLDCsto

MarketParticipantstoplace their Bids

incorporateCollectiveTransactionsintheDailyh d l

NLDCtocheck

NLDCtoconfirmacceptance.PXto send files toplacetheirBids

PXtosendScheduling

SchedulePXtosendprovisionalunconstrainedsolution to

forcongestion.IncaseofcongestionshallintimatePX

tosendfilestoSLDCsforscheduling

RequesttoNLDCbasedonmarginspecifiedbyNLDC

solutiontoNLDCandflowonTSasinformedbyNLDC

regardingtotheperiodforcongestionandavailable

NLDC margins

I di E E h (IEX)

Power Exchanges in India IndianEnergyExchange(IEX)

PromotedbyFTIL&PTCFinancialServicesLtd InoperationsinceJune2008

PowerExchangeIndiaLimited(PXIL) PromotedbyNSE&NCDEX InoperationsinceOct2008

NationalPowerExchangeLimited(NPEX) Promoted by NTPC, NHPC, PFC & TCSPromotedbyNTPC,NHPC,PFC&TCS HasreceivedpermissionfromCERCtosetupPX

22

No.ofLicensedTraders>40

TariffBasedTariffBasedCompetitiveBiddingCompetitiveBiddingp gp g

Section 63 of the EA 2003 provides that the appropriateBackground

Section 63 of the EA2003 provides that the appropriatecommission shall adopt the tariff if such tariff has beendetermined through transparent process of bidding inaccordance with the guidelines

Section 61 of Electricity Act 2003 stipulates that theCommission shall be guided by the tariff policy whileCommission shall be guided by the tariff policy whiledetermining the tariff

As empowered by section 3(1) of Electricity Act 2003 CentralGovernment has formulated the Tariff Policy on 06/01/2006

The Tariff Policy stipulates that all future requirement of powershould be procured competitively by distribution licenseesshould be procured competitively by distribution licensees

Even for Public Sector Projects tariff shall be decided on basis ofcompetitive bidding after 5 yrs or when Commission is satisfiedfor introduction of such competition

The guidelines are applicable for procurement of power

Tariff Based Bidding GuidelinesThe guidelines are applicable for procurement of powerthrough competitive bidding through the followingmechanismmechanism

PeriodofProcurement

LongTerm MediumTerm

M h i

7years&above >1yearupto7years

Mechanisms

Case 1 Case 2Case Case

C titi T iff B d Biddi i C lC titi T iff B d Biddi i C l ff J 2011J 2011

BiddingMechanismsBiddingMechanisms

CompetitiveTariffBasedBiddingisCompulsoryCompetitiveTariffBasedBiddingisCompulsoryw.e.fw.e.f.January2011.January2011

C IC I C IIC IICaseICaseI CaseIICaseII

Location/Location/BidderisBidderis

responsibleforresponsibleforll lll l

Land/FuelLand/Fuelspecifiedbyspecifiedbyprocurerprocurer

ClearancesClearancesprovidedbyprovidedby

Technology/Technology/FuelunspecifiedFuelunspecified(PowerBlock)(PowerBlock)

allclearancesallclearancesetc.etc.

HighRiskforHighRiskfordevelopersdevelopers

MoreapplicableMoreapplicableforstateswithforstateswithfuelsourcesandfuelsourcesand

statestate

HighriskforHighriskforstatestate

developersdevelopers coastalareascoastalareas

Source:CERC

Mechanism

MechanismofTariffBasedBidding

CaseI

Location,Technologyorfuelnotspecified

CaseII

Location,Technology&Fuelarrangement specifiedp arrangementspecified

CaptivecoalblocktobedevelopedbytheSeller

SpecificCoallinkageprovidedbyProcurer

ImportedCoaltobearrangedby

thesellerFuelSource

Energy Energychargesbasedon quoted Net Heat

Importedfuel&Transportationcomponentin

USD/unitEnergy ChargesinRs/KWh

onquotedNetHeatRate

USD/unit.

InlandfuelhandlingcomponentinIndian

Rupees/unit

EnergyCharge

BiddingProcessCase1

SingleStage SingleStage

Case2

TwoStage TwoStage Medium&LongTerm RequestforProposal Max Time: 195 days

Medium&LongTerm RequestforProposal Max Time: 195 days

LongTerm RequestforQualification&Request for Proposal

LongTerm RequestforQualification&Request for Proposal MaxTime:195days MaxTime:195days RequestforProposal

MaxTime:730daysRequestforProposal

MaxTime:730days

PeriodofProcurementPeriodofProcurement

LongTerm:Above7Years Medium Term: 1 Year to 7 Years(Usuallyupto lifeofplant) MediumTerm:1Yearto7Years

Approval of the Appropriate Regulatory Commission isDeviation ApprovaloftheAppropriateRegulatoryCommissionisrequiredintheeventofthedeviationfromthebiddingconditionscontainedintheguidelines

Deviationfrom

Guidelines

Bidding Process Two stage bidding process is to be adopted forLong Term procurement of electricity biddingunder case2i. Request for Qualification (RFQ)ii. Request for Proposal (RFP)

Single stage bidding process combining the RFPSingle stage bidding process combining the RFP& RFQ process may be adopted for biddingunder Case1 for Medium/Long Termunder Case 1 for Medium/Long Termprocurement of electricity

Preparation for Inviting BidsFor Long term procurement under Case2 Procurer orAuthorized Representative shall complete the followingactivities before issue of RFQ documentsactivities before issue of RFQ documents

Site identification and land acquisition: Issue ofSite identification and land acquisition: Issue ofNotification under Section4 of Land AcquisitionAct, 1894 Environmental clearance for Power Station: Rapid EIAreport should be availableF l li k C ti l i Sh ld b il bl Fuel linkage or Captive coal mine: Should be available(If bidders to arrange the same shall be clearlyspecified in the RFQ)specified in the RFQ) Water linkage should be available

1 Fi i l Q lifi ti

RFQ Bid Submission for Project1. FinancialQualification

InternalResourceGeneration 1140CrsN t W th 1000 C NetWorth 1000Crs

AnnualTurnOver 2400Crs

2 Technical Qualification2. TechnicalQualification AggregateCapitalCostofProjectsundertakeninLast10

years 3000 Crs (with 26% equity stake)years 3000Crs(with26%equitystake)

CapitalCostofatleastoneProject 500Crs

3 Executive Summary3. ExecutiveSummary

4. DisclosureStatements

5 P f A5. PowerofAttorney

6. CoveringLetter

UMPP Case2

Qualifying RequirementsS.N. RFQ:

URsCrs

CaseRsCr/MW

FinancialRequirements

1 InternalResourceGeneration 1140 0.3

2NetWorth(forcapacityupto2000MW) 0.5 ForCase1(0.5Cr/MW)

3NetWorth(forcapacity>2000MW) 1000 0 25 1000 C hi h i hi h3 MW) 1000 0.25 or1000Crwhicheverishigher

4AnnualTurnover(forcapacityupto 2000MW) 1.2

Annual Turnover (for capacity5

AnnualTurnover(forcapacity>2000MW) 2400 0.6 or2400Crwhicheverishigher

6 TechnicalRequirements 3000 0.75AggregateCapitalCostofProjectsundertakeninLast10years

500 0.125 Capitalcostofatleast1project

GuaranteesRFP:

RsLakh/MW

1 BidBond 120 3 ForCase1(3Lakh/MW)

2 PerformanceGuarantee 300* 7.5 ForCase1(30Lakh/MW)

Preparation for Inviting BidsFor Long term procurement under Case2 Procurer orAuthorized Representative shall complete the followingactivities before issue of RFP documentsactivities before issue of RFP documents

Site identification and land acquisition: Issue of Notification underqSection 6 of Land Acquisition Act, 1894 Environmental clearance & Forest clearance for the PowerStation: Proposal should be submitted before concernedStation: Proposal should be submitted before concernedAuthority (Environment clearance should be obtained before PPAbecomes effective)

il d j ( ) i i Detailed Project Report (DPR): RequisiteHydrological, geological, meteorological and seismological datanecessary for preparation of DPR (bidder to verify these data asfthe geological risk lie with the developer)

f dd d l h ll

Preparation for Inviting BidsFor Case1 if Bidder intends to set new power plant shallsubmit documentary evidence w.r.t the following activitiesalong with RFP bidalong with RFP bid

Site identification and land acquisition: Should possess 50% ofrequired land (If land is to be acquired under LA Act 1894, copy ofNotification under Section 4 to be submitted) Environmental clearance & Forest clearance for the PowerEnvironmental clearance & Forest clearance for the PowerStation: Proposal should be submitted before concernedAuthorityF l A t C ti i / l li k / i t d l/ Fuel Arrangements: Captive mine/coal linkage/ imported coal/Domestic gas/ RLNG Water Linkage: Shall have acquired approval from concerned stateirrigation department /relevant authority

The RFP bid to be submitted in two parts Financial and Non

RFP Bid Submission for ProjectThe RFP bid to be submitted in two parts, Financial and Nonfinancial bidsNonFinancial Bid

Board Resolution from bidding company committingBoard Resolution from bidding company committing100% equity requirement

Bid Bond Bidder Undertaking along with scheduled COD date andBidder Undertaking along with scheduled COD date and

Contract Capacity of each unit Covering letter

Power of Attorney Power of Attorney Disclosure Statement

Financial BidThe financial bid shall consist of quote for the capacity charges andThe financial bid shall consist of quote for the capacity charges andenergy charges in two parts, NonEscalable Charges and EscalableChargesThe Bidder has the option to quote firm Quoted Energy ChargesThe Bidder has the option to quote firm Quoted Energy Chargesand/or firm Quoted Capacity Charges for the term of the PPA

Event Elapsed Time from Zero date

Time Table for Two Stage Bid ProcessEvent Elapsed Time from Zero date

Publication of RFQ Zero date

Submission of Responses of RFQ 45 days

Issuance of RFP 75 days

Bid clarification, bidders conf. etc.and revision of RFQ/RFP

*

RFP bid b i i dRFP bid submission 225 days

Evaluation of bids and issue of LOI 240 days

Si i f A t dSigning of Agreements 270 days

If bidding process is likely to take more than 730 days approval ofA i t C i i h t b bt i dAppropriate Commission has to be obtained.

Time Table for Single Stage Bid Process

Event Elapsed Time from Zero date

Publication of RFP Zero datePublication of RFP Zero date

Bid clarification, bidders conf. etc.and revision of RFQ/RFP

**and revision of RFQ/RFP

RFQ/RFP bid submission 75days

Evaluation of bids and issue of LOI 100 daysEvaluation of bids and issue of LOI 100 days

Signing of Agreements 120 days

If bidding process is likely to take more than 195 days approval ofAppropriate Commission has to be obtained.

TARIFFSTRUCTURE A multitariff structure with separate capacity and energy

charges forms the basis of the bidding process

In case of Case2 projects where the procurer provides the fuellinkage, bidder is required to submit the capacity charges alongwith the net heat rate

Tariff BidsScenario-1 (Captive Coal Block Allocated)

ContractYear

Commencement Date ofContract Year

End Date ofContractYear

Quoted NonEscalableCapacity

QuotedEscalableCapacity

Quoted NonEscalableEnergy

QuotedEscalableEnergy

( p )

Charges(Rs./kwh)

Charges(Rs./kwh)

Charges(Rs./kwh)

Charges(Rs./kwh)

1 S h d l d M h 311 ScheduledCOD of 1st

Unit

March 31

2 April 1 March 31 Same as Same as2 April 1 March 31 Same asabove

Same asabove

April

March 31 Same asabove

. Same asabove

26 April 1 25th

anniversaryof theScheduled

Same asabove

Same asabove

ScheduledCOD of 1st

Unit

Tariff BidsScenario-2 (Imported Coal)

ContractYear

Commencement Dateof

EndDateofContra

QuotedNonEscalableCapacity

QuotedEscalableCapacity

QuotedNonEscalable Fuel

QuotedEscalableFuelEnergy

QuotedNonEscalableTransporta

QuotedEscalableTransportation Energy

QuotedNonEscalableFuel

QuotedEscalableFuelHandling

( p )

Contract Year

ct Year Charges(Rs./kwh)

Charges(Rs./kwh)

EnergyCharges(US$/kwh)

Charges(US$/kwh)

tion EnergyCharges(US$/kwh)

Charges(US$/kwh)

HandlingEnergyCharges(Rs./kwh)

EnergyCharges(Rs./kwh)

1 Schedul Marched CODof 1stUnit

31

2 April 1 March31

Same asabove

Same asabove

Same asabove

Same asabove31 above above above above

. April

March31

Same asabove

Same asabove

Same asabove

Same asabove

26 April 1 25th Same as Same as Same as Same asanniversaryof theScheduledCOD

above above above above

40

CODof 1st

Unit

Tariff BidsScenario-3 (Coal Arranged by Seller)

Contract

Commencement Date of

End Dateof Contract

QuotedNon

QuotedEscalable

Quoted NonEscalable

QuotedEscalable

( g y )

actYear

t Date ofContract Year

of ContractYear

NonEscalableCapacityCharges(Rs./kwh)

EscalableCapacityCharges(Rs./kwh)

EscalableEnergyCharges(Rs./kwh)

EscalableEnergyCharges(Rs./kwh)

(Rs./kwh)

1 Scheduled CODof first Unit

March 31

l h2 April 1 March 31 Same asabove

Same asabove

April

March 31 Same asabove

. Same asabove

26 April 1 25th

anniversaryof theScheduled

Same asabove

Same asabove

ScheduledCOD of firstUnit

Tariff BidsScenario-4 (Coal Arranged by Procurer)

ContractYear

CommencementDate of Contract

End Date ofContract Year

Quoted NonEscalable

QuotedEscalable

Quoted HeatRate

( g y )

Year Date of ContractYear

Contract Year EscalableCapacityCharges(Rs./kwh)

EscalableCapacityCharges(Rs./kwh)

Rate(Kcal/kwh)

h d l d f h1 Scheduled COD of1st Unit

March 31

2 April 1 March 31 Same as above Same as above

April. March 31 Same as above Same as above

26 April 1 25th

anniversaryof theS h d l d

Same as above Same as above

ScheduledCOD of 1st

Unit

Th l t d Q t d T iff ( R kWh) f h f th

Bid Evaluation for the ProjectThe escalated Quoted Tariffs ( Rs per kWh) of each of thecontract year for the term of PPA calculated as per theRFP shall be discounted by the discount factors and suchRFP shall be discounted by the discount factors and suchaggregate discounted value for the term of the PPA shallbe divided by the sum of such discount factors tobe divided by the sum of such discount factors tocalculate the levelised tariff of each Bidder

Di)(Ti

The Levelised Tariff calculated as above shall be ranked

=Di

Di).(TiLT

The Levelised Tariff calculated as above shall be rankedfrom the lowest to the highest and the Bidder withlowest Levelised Tariff shall be declared as the SuccessfulBidder

LEVELISEDTARIFF

LEVELISED TARIFF = Net Discounted Tariff* Net Discount Factor**

*Net Discounted Tariff = Tariff / (1+ Discount factor) ^n**Net Discount Factor = 1/ (1+ Discount Factor) ^n

CERC NOTIFICATIONS:Discount rate Escalation rate for coal Dollar Rupee FERVDiscount rate , Escalation rate for coal, Dollar Rupee FERV,

Inflation rate updated by CERC every six months

Year Commen.of Contract

End Date of Contract

Non-Escalabl

Escalable C.C

Non-Indexed

Indexed E.C

Total Tariff

Financial Bid for Tilaiya- Reliance

1 24-Nov-14 31-Mar-15 0.51 0.17 0.38 0.13 1.192 1-Apr 31-Mar 0.50 0.18 0.86 0.14 1.683 1-Apr 31-Mar 0.68 0.19 0.85 0.15 1.874 1-Apr 31-Mar 0.68 0.20 0.84 0.16 1.885 1-Apr 31-Mar 0 68 0 20 0 83 0 17 1 895 1 Apr 31 Mar 0.68 0.20 0.83 0.17 1.896 1-Apr 31-Mar 0.68 0.22 0.82 0.18 1.907 1-Apr 31-Mar 0.68 0.23 0.81 0.19 1.918 1-Apr 31-Mar 0.68 0.24 0.80 0.20 1.929 1-Apr 31-Mar 0.51 0.25 0.79 0.21 1.9310 1 A 31 M 1 9410 1-Apr 31-Mar 0.68 0.26 0.77 0.23 1.9411 1-Apr 31-Mar 0.68 0.27 0.85 0.24 1.9612 1-Apr 31-Mar 0.68 0.29 0.74 0.26 1.9713 1-Apr 31-Mar 0.39 0.30 0.73 0.27 1.7014 1-Apr 31-Mar 0.38 0.32 0.71 0.29 1.7015 1-Apr 31-Mar 0.36 0.33 0.69 0.31 1.7016 1-Apr 31-Mar 0.35 0.35 0.67 0.33 1.7017 1-Apr 31-Mar 0.34 0.37 0.65 0.35 1.7018 1-Apr 31-Mar 0.31 0.39 0.63 0.37 1.7019 1-Apr 31-Mar 0.31 0.40 0.60 0.40 1.7220 1-Apr 31-Mar 0.31 0.42 0.58 0.42 1.7421 1-Apr 31-Mar 0.31 0.45 0.55 0.45 1.7622 1-Apr 31-Mar 0.31 0.47 0.52 0.48 1.7823 1-Apr 31-Mar 0.29 0.49 0.49 0.51 1.7824 1-Apr 31-Mar 0 27 0 52 0 46 0 54 1 7924 1 Apr 31 Mar 0.27 0.52 0.46 0.54 1.7925 1-Apr 31-Mar 0.25 0.54 0.43 0.57 1.7926 1-Apr 25th

f0.41 0.56 0.40 0.60 1.97

Levelised Tariff (Rs./kWhr) 1.77

Sites Selected for UMPP Development

UltraMegaPowerProjectsbasedonCaptiveMineallocation

Project NameoftheShellCompany( ) dSasan (M.P) Sasan PowerLimited.

AwardedtoReliancePowerLimitedwithLevellisedtariffofRs1.196/kWh

Tilaiya(Jharkhand) JharkhandIntegratedPowerLimited

AwardedtoReliancePowerLimitedwithLevellisedtariffofRs1.77/kWh

Surguja(Chhattisgarh) ChhattisgarhSurguja PowerLimited

Bedabahal(Orissa) OrissaIntegratedPowerLimited

O i S khi l I d P C Li i dOrissa Sakhigopal IntegratedPowerCompanyLimited

Orissa Ghogarpalli IntegratedPowerCompanyLimited

Sites Selected for UMPP Development

CoastalUltraMegaPowerProjectsbasedonImportedCoal

Project NameoftheShellCompanyd ( ) l dMundra (Gujrat) CoastalGujaratPowerLimited

AwardedtoTataPowerLimitedwithLevellised tariffofRs2.260/kWh

Krishnapatnam(A.P) CoastalAndhraPowerLimited

AwardedtoReliancePowerLtd.withLevellised tariffofRs2.333/kWh

Cheyyur(Tamilnadu) CoastalTamilNaduPowerLimited

Nainapalli(A.P) Tatiya AndhraMegaPowerLtd.

(M h h ) C l M h h M P Li i d(Maharashtra) CoastalMaharashtraMegaPowerLimited

(Karnataka) CoastalKarnatakaPowerLimited

The Govt. of Gujrat has requested for Second UMPP in the State.

A Glance at Awarded Power ProjectsThrough Case 2 Competitive Bidding Route

A Glance at Awarded Power ProjectsThrough Case 1 Competitive Bidding Route

50