Biomass-Bagasse Cogeneration Electricity Purchase Agreement

Standard PPA relating to a bagasse/biomass power generation facility (final draft of October 2013) between the National Transmission and Despatch Company (“Purchaser”) and an independent power producer (IPP) (“Seller”). IPP will design, engineer, construct, insure, commission, operate and maintain a biomass/bagasse power generation facility. Seller wishes to sell and Purchaser wishes to purchase the net electrical energy produced by this facility, on and pursuant to the terms and conditions of the PPA.

Power Purchase Agreements (PPAs) and Energy Purchase Agreements (EPAs)

A Power Purchase Agreement (PPA) secures the payment stream for a Build-Own Transfer (BOT) or concession project for an independent power plant (IPP). It is between the purchaser "offtaker" (often a state-owned electricity utility) and a privately owned power producer.  The PPA outlined here is not appropriate for electricity sold on the world spot markets (see Deregulated Electricity Markets below). This summary is focused on a base load thermal plant (the issues would differ slightly for mid-range or peaking thermal or hydro plants).

Wind Power Energy

Wind can drive wind turbines to produce electrical power, windmills to produce mechanical power, or wind pumps to pump water, or for drainage. Below are laws and regulations in various jurisdictions as well as sample agreements and additional resources related to wind power projects.

Solar Power Energy

Solar power is the conversion of sunlight into electricity through the use of solar cells, i.e., photovoltaic cells, or the use of concentrated solar power(CSP).

Hydropower

Hydropower or water power energy is created from flowing water. As the world's largest affordable renewable energy source, hydropower currently accounts for about 18 percent of the total world electricity supply.