MANU/POWR/0003/2017
Ministry : Ministry of Power
Resolution No. : 23/17/2013-R&R(Vol-V)
Date of Resolution : 17.01.2017
Date of Publication : 17.01.2017
Notification/ Circulars Referred : No.23/17/2013-R&R] (Vol-II MANU/POWR/0045/2014;Resolution No. 23/9/2015- R&R dated 16th April 2015 MANU/POWR/0004/2015
Citing Reference:
No.23/17/2013-R&R] (Vol-II MANU/POWR/0045/2014 Modified
Resolution No. 23/9/2015- R&R dated 16th April 2015 MANU/POWR/0004/2015 Referred
Guidelines for Procurement of Electricity for Medium Term from Power Stations set up on Finance, Own and Operate (FOO) basis
No. 23/17/2013-R&R(Vol-V).--Whereas the Central Government is engaged in creating an enabling policy and regulatory environment for the orderly growth of generation of electricity in accordance with the provisions of the Electricity Act, 2003 (the "Act");
Whereas it is incumbent upon the Central Government, State Governments, Electricity Regulatory Commissions and the distribution licensees to promote competition in the procurement of electricity through competitive and transparent processes;
Whereas the Central Government has, after extensive consultations with various stakeholders and experts, evolved a model contractual framework for procurement of electricity by the distribution licensees from power producers who agree to construct and/or operate power generating stations set up on 'Finance, Own and Operate' ("FOO") basis for medium term power or from Traders/Discoms having back to back arrangements with power producers.
Whereas the Central Government had, therefore issued vide its letter No. [No.23/17/2013-R&R] (Vol-II) dated 29th January 2014, the model documents comprising the Model Request for Qualification (the "MRFQ") and the Model Request for Proposal (the "MRFP"), and Model Agreement for Procurement of Power (the 'MAPP') (collectively, the "Modal Bidding Documents") to be adopted by the distribution licensees for procurement of power from the power producers.
Based on the above, the Government of India had notified the Guidelines vide resolution No. 23/17/2013-R&R (Vol-II) dated 10th February 2014, which were further amended vide resolution dated 20th Au........