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    600 MW Solar Power Project PPT DCB

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    600 MW Solar Power Project PPT DCB

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    16 views10 pages

    600 MW Solar Power Project PPT DCB

    Uploaded by

    cpandi.cs

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Download as pptx, pdf, or txt
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    NLC India Renewables Limited

    Welcome to
    The Bankers and Financial
    Institutions

    Pre-Bid Meeting for


    Borrowing of ₹ 2669 Cr.
    for 600MW Solar Power
    Project at Gujarat

    NOVEMBER 20TH, 2024

    1
    Project Details
    Project Capacity 600MW

    Project Location GSECL's Solar Park at Khavda, Gujarat.

    Project Life 25 years

    Power Allocation 100% to Gujarat (GUVNL)

    Scheduled date of Completion 30th June 2025

    Date of Letter of Intent 03rd August 2023

    PPA PPA made with GUVNL 05.03.2024

    2
    Key Financial Parameters
    Project Cost including IDC 3336 Crores

    Debit Equity Ratio 80:20

    Loan Tenure 15 Years


    Useful life of the Project 25 Years
    Return on Equity As per company Policy

    Approximate CUF 31% with DC : AC Ratio 1.31 and Single axis Tracker

    Annual Generation in Million Unit (MU) 1635.79 MU

    Tariff ( Rs/ Unit) 2.705

    3
    Breakup of Project Cost and Borrowing Requirement
    EPC Cost 3,009.00
    Solar Park Upfront Chg., Land lease during Construction 200.73
    Other Charges /Overheads 126.27
    Interest During Construction (IDC) 95.86

    Total Project Cost 3,336.00

    Debt Equity Ratio 80:20

    Debt Component 2,669.00

    Equity Component 667.00

    4
    Special Conditions of Loan
    Amount of Loan ₹ 2,669 Crore
    Schedules Date of Completion
    of Project 30.06.2025
    Moratorium Period Up to 26.09.2024 i.e, Linked with Schedules Date of Completion
    Sixty (60) Equal Quarterly Instalment.
    Repayment Terms First instalment due on 30.06.2026

    The bidder has option either to opt internal benchmark Reference


    Interest rate i.e.,
    1. MCLR of the bidder bank or
    Interest Rate
    External Benchmark Reference Interest Rate (like
    1. RBI Policy Repo Rate or,
    2. GoI 3 month Treasury bill yield published by FBIL,
    3. GOI 6 months Treasury Bill yield published by the FBIL, any other
    benchmark market interest rate published by the FBIL

    5
    Special Conditions of Loan
    Payment of Interest Payable monthly (on Last day of the month).
    Credit rating The rating for the proposed debt will be obtained by NIRL
    Security Non-Current assets (Like., Plant and Machinery etc.,) excluding
    Land of this project through hypothecation.
    Legal Fee At actual subject to the maximum of ₹ 1,50,000 (Rupees One Lakh
    and Fifty Thousand Only) excluding tax.
    The Loan either fully or partly can be pre-closed without paying
    any premium / Penalty Charges, on giving 30 days’ notice at the
    option of the borrower.
    Pre-Closure of Loan
    The company reserves the right to draw partially, full or even can
    cancel the loan agreement without drawl with an intimation to
    the lender of 30 days.
    Power Purchase Agreement for 600MW SPP was executed by NLC
    Transfer of Project Indian Green Energy Limited and this project shall be transferred
    to the borrower (i.e., NLC India Renewables Limited).

    6
    Status of Project
    In Khawda GSECL Solar Park , 1110 Ha ( 1.85Ha per MW ) allotted in (6x100
    Land allotment
    MW) Plot by GSECL.
    Connectivity In GSECL Scope 400 KV Substation work is under progress.
    Average Irradiance
    Average Rail fall/Sunny
    Days
    1. Owner Consultant Awarded to TCE.
    2. Module Lot -1 for 300 MW (ALMM)- Vikram Solar
    3. BOS tender – M/S Bondada Engineering Limited.
    Contract /Procurement 4. HT Cable- M/S Universal Cable Satna
    Status 5. HT Switch gear-M/S Coronet
    6. Inverter –Finalization under process
    7. IDT- Finalization under process
    8. Module Lot-2 – M/S KOSOL Energy ( ALMM)
    1. Land allotted
    Project status at site 2. Soil Investigation Completed.
    3. Labour Shelter and site office construction under progress.

    7
    Tentative Capex Phasing

    CAPEX Incurred- RS 70 Crs.


    Q3 ( OCT – Dec 2024) – Rs 250 Crs
    Q4 ( Jan – Mar 2025) – Rs 250 Crs
    Q1 ( April – June 2025) – Rs 1000 Crs
    Q2 ( July – Sept 2025)- Balance

    8
    Thank You

    9
    SCHEDULE OF TENDER (SOT)
    CO CONTS/0026R/DCB/ RTL Borrowings/ 600MW
    NLCIL TENDER No. SPP in Khavda Gujarat/e-Conts /2024. Dt:
    16.11.2024
    Borrowing of Rupee Term Loan ₹2669 Cr. for setting
    Name of the Work up 600 MW Solar Power Project in GSECL's Solar
    Park at Khavda (GSECL Stage-2) Gujarat.
    DOMESTIC COMPETITIVE BIDDING (DCB) through e-
    MODE OF TENDER
    Tendering System. (Two Cover System)
    Date of NIB available to parties to download 16.11.2024
    Tender Fee Nil.
    Bid Guarantee Amount Nil.
    Date of Starting of e-Tender for submission of Online
    16.11.2024 from 20:00 Hrs. IST
    Bid
    Date of closing of Online e-Tender for submission of
    25.11.2024 @ 14:30 Hrs. IST
    Bid
    Date & Time of opening of Tender 25.11.2024 @ 15:00 Hrs. IST

    10

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