NTPC shall enter into power purchase agreements (PPAs) with the selected bidders for a period of one month. The PPA shall be extendable by one month if mutually agreed upon by the two parties on the same terms and conditions.
NTPC shall utilize the renewable power purchased for flexible generation of its thermal power plants as stipulated by the government of India’s scheme of “Flexibility in Generation and Scheduling of Thermal Power Stations to Reduce Emissions.”
The minimum offered capacity for supply from a single, existing power plant will be 50 MW, rising in multiples of 10 MW thereafter. The maximum capacity allotted to a power generator shall be 100 MW.
A bidder can offer power from renewable power plants at multiple locations, provided the offered capacity from each plant is minimum 50 MW. However, it shall quote a single tariff for all of the capacity offered.
The plants for which PPAs have already been signed with beneficiaries or with any thermal power generator for flexible generation shall not be eligible for selection through this RfS. A partial capacity of the plants for which PPA has not been signed can also be offered, subject to meeting minimum offered capacity requirement of 50 MW.