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MSEDCL Seeking approval to float Open tenders and taking land on lease by paying rent under Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) Scheme

MSEDCL Seeking approval to float Open tenders and taking land on lease by paying rent under Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) Scheme

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MSEDCL Seeking approval to float Open tenders and taking land on lease by paying rent under Mukhyamantri Saur Krishi Vahini Yojana (MSKVY) Scheme

Further, MSEDCL shall also include formula for arriving at per unit impact of such Change in Law compensation to be recovered over the tenure of PPA. While providing for such formula, appropriate interest rate (which should be lower than DPC) shall be allowed on differed payment of Change in Law compensation. This inclusion shall assist in providing clarity to the potential bidders and will minimize future litigations.

In view of above, the Commission directs MSEDCL to make necessary changes in RfS document to address above issues and submit through fresh Petition for approval of the Commission. During such process, MSEDCL shall also submit operational details of already commissioned projects under MSKVY and whether they have faced or facing any operational difficulty, if any. Such review of commissioned projects would only assist in modifying the RfS document so as to attract more bidders in future bid process.

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Anand Gupta Editor - EQ Int'l Media Network