The program applies for wind energy, solar energy,biomass and small hydroelectric plants and biogas. It includes a “green trust fund” to provide security and confidence to investors. Cammesa(Compañía Administradora del Mercado Mayorista Eléctrico) has published the relevant laws, and bidding documents (including draft PPAs) on its website.
In a RESCO model the bidders intend to take a rooftop owned by some other entity on mutually agreed terms and conditions including lease agreement from the roof top owner(s) and enters into the PPA with a rooftop owner/DISCOM /others for supply of solar power by 25 year at a tariff as per RfS from the date of Commissioning of project. Under the “CAPEX Model” the bidder enters into an agreement with the rooftop owner at the quoted project cost as per RfS for the Scope of work not limited to that indicated in the RfS as per mutually agreed terms and conditions.
Model Power Purchase Agreement (PPA) between Contractor and Government Organization/ PSU and Government Offices for Design, Manufacture, Supply, Erection, Testing and Commissioning including Warranty, Operation & Maintenance of Grid Connected Roof-Top Solar Photovoltaic and Small Solar Power Plants in RESCO model of November 2016