Escolar Documentos
Profissional Documentos
Cultura Documentos
Submitted to:
By
1|Page
CONTENTS
1. EXECUTIVE SUMMARY .......................................................................................................................3
2. BACKGROUND ........................................................................................................................................3
3. INTRODUCTION .....................................................................................................................................5
DEFINED.
2|Page
1. EXECUTIVE SUMMARY
1. Background
Honble Prime Minister, on 5th January, 2015 launched 100 cities National LED Programmers
which has two components, (i) Domestic Efficient Lighting Programmer (DELP) to provide
LED bulbs to domestic consumers aiming to replace 77 crore incandescent bulbs with LED
bulbs and (ii) Street Lighting National programmer (SLNP) to replace 3.5 crore conventional
street lights with smart and energy efficient LED street lights by March, 2019. This will result
in annual electricity saving of about 109 billion units and 21,500 MW reduction in demand and
GHG emission reduction of 85 million ton of CO2 along with monetary savings of Rs. 45,500
Crore accruing to domestic consumers and Urban Local Bodies. The objectives of National LED
programmer are:
Promote the use of the most efficient lighting technology at affordable rates to consumers
Reduce energy consumption in lighting which helps DISCOMs to manage peak demand
Enhance the awareness of consumers about the efficacy of using efficient appliances
Increase the demand of LED lights by aggregating requirements across the country and
reduce costs; in fact cost have already reduced over 80% in last 2 years
Encourage and support domestic manufacturing of LED bulbs by sustaining demand making
it consistent with the Make in India policy of the Government
Create robust arrangements for monitoring and verification of energy savings in a simple
and transparent manner
EESL has evolved a service model to enable municipalities to replace conventional lights with
LEDs at no upfront cost. The balance cost is recovered through the municipalities by monetising
the energy savings. As on date, EESL has replaced over 14.5 lakh conventional street lights with
LEDs in over 100 Urban Local Bodies (ULBs).
2. Implementation Process:
The implementation process was discussed in the meeting chaired by Principal Secretary (UD
& HD) in Patna on 30th November, 2016 and it was desired that based on the proposal of
Bihar Sharif Municipal Corporation from EESL for implementation of the programme, UD & HD
will work out to implement the project in other cities i.e. ULBs.
EESL already signed implementation agreement with Bihar Sharif Municipal Corporation in
2015, but due to lack of infrastructure, implementation couldnt be proceed.
EESL Annuity Model: This is the model that EESL is working with all its existing project
where the entire upfront investment is made by EESL and the ULBs pay over a 7 year period
from savings in electricity and maintenance cost. Apart from this 3% of the total projects
will be charged as AMC annually.
Entire investment by UD & HD with PMC and AMC by EESL: The entire capital
investment will be done by ULBs or UD & HD, EESL will charge 10% of the total project cost
3|Page
As administrative charges, 3% of the total project cost as PMC charges. Apart from this 3%
Of the total projects will be charged as AMC annually.
3. Determination of Baseline
Based on the streetlight inventory information as provided by ULBs/Survey, the project
baseline has been structured with an assumption that 100% existing streetlights are
operational.
EESL guarantees a minimum energy savings of 50% and would offer the same to ULBs.
6. Financial model
As mentioned in para 2, where EESL makes the entire upfront investment, the annuity of EESL
Would be calculated on the following principles:
Warranty on luminaries would be 7 years during which EESL will also ensure maintenance of
the lights. EESL will also take insurance policy to cover natural calamities and other acts like
fire etc. but will not be included theft and pilferage with additional cost. Based on experience
of EESL in most of MCs the bracket/Arm of fixture is damaged so the change of Bracket/Arm
will take additional cost which is not included in the project cost, the ULBs or UDD will take care
from the existing vendors.
7. Energy Savings
Based on the survey conducted in Bihar Sharif Municipal Corporation. The Annual energy and
cost savings are estimated as under:
Annuity Model:
4|Page
For 2127 nos. of Street lights
The savings predicted above are based on deemed saving approach. Actual saving may differ from
the predicted saving. Under IDC EESL will use 10% of total project cost for Arms, clamps and 3 mtr
wire (i.e. from Street Light Phase wire to Luminaire) wherever required. Any other IDC work i.e.
poles,cables,switching points,MCB,Earthing or any other work will be bear by Nagar Nigam. EESL
will undertake such work on upfront basis as signing separate agreement for IDC only (i.e. Cost of
the same will be paid to EESL on upfront at actuals).AMC charges including fixtures and accessories
shall be 3% of the total project cost per annum , throughout the contract period.
Other options are placed under section 7.
5|Page
2. INTRODUCTION
India faces formidable challenge in meeting its energy needs and in providing adequate energy
of desired quality in various forms in a sustainable manner and at competitive prices. In all
sectors of the economy, improving energy efficiency before increasing the energy supply is
generally the more economically and environmentally efficient national strategy. The emphasis,
for the future, is to look for technologies to promote energy efficiency, demand side
management and conservation. The success of Government of Indias plan depends upon
effective policy framework, implementation and promotion of energy efficiency initiatives.
Energy efficiency assumes significance for the nation in the current environment of shortages
and concerns over climate change. It is a win-win situation for all for facility owners increased
energy efficiency means availability of more resources and for nations energy efficiency offers a
number of benefits including improved use of natural resources, reducing energy imports,
improved balance of trade, conservation of foreign exchange, reduced capital requirement for
new energy production facilities, and reduced environmental pollution from energy use, and
production.
In India, street lighting sector offers a significant potential of energy efficiency and cost savings.
As per the 18th Electric Power Survey of CEA, the estimated energy consumption in Indian public
lighting sector with 2009-10 as the base year will consume about 8478 M KWh in 2012-
13 and will grow at a CAGR of 7% during the XII and XIII plan periods. Retrofitting the entire
conventional street lights with LEDs has the potential to save about 50% of energy amounting
to approximately 4300 million KWh annually at the national level. It is also possible to optimize
the operational performance leading to additional savings through twilight switching controls,
dimming and voltage optimization. This usually leads to an additional 15-20% of savings over
6|Page
And above the savings achieved by lamp replacement. The total opportunity of energy savings could,
at the national level, increase from 4300 MKWh to about 5000 MKWh annually.
Energy Efficiency Services Limited (EESL) has been setup by Ministry of Power (MOP), Government of India, as
the implementation arm of (MOP) Ministry of Power and (BEE) Bureau of Energy Efficiency. The objective of the
EESL is to lead the market related action of the National Mission for Enhanced Energy Efficiency (NMEEE) as well
as to create and sustain markets for energy efficiency.
Energy Efficiency Services Limited (EESL) under the aegis of MOP is a joint venture company promoted by 4
Central Public Sector Undertakings (CPSUs), namely NTPC Limited, Power Grid Corporation of India Limited
(PGCIL), Power Finance Corporation Limited (PFC Limited) and Rural Electrification Corporation (REC).
NTPC
REC
To facilitate preparation of energy efficiency projects for Demand Side Measures including municipal
functions, agriculture, public building, lighting etc.
To implement schemes, programmes and policies of central and state governments or its agencies.
Partner with private ESCOs and other companies to promote energy efficiency.
To provide consultancy services in the field of energy efficiency, CDM projects, and other related areas.
To identify and impart training to build the capacity of stakeholders
Organisational Capability:
EESL has a team of technical professionals drawn from diverse industrial backgrounds with strong energy auditing
capabilities. The multi-disciplinary team with significant experience in their respective domains would aid in
development of deliverables of quality work. Our area of expertise range from MSMEs to large industries and
municipal functions to agriculture. We have a wide array of projects in diverse sectors and have an esteemed
clientele list including industries, MSMEs, Central Government Agencies, State Governments and DISCOMs.
Providing full technical support and pooling all resources required to achieve projected savings remains
paramount to EESL, during the entire agreed contract period, for the success of each project EESL.
EESL works in close association with various Central/State Government Authorities, DISCOMs, Multinational
Agencies and Industry on energy efficiency projects. Energy Efficiency Services Limited has conducted over 500
audits for benchmarking energy performance targets for industries which included the energy audit and base
lining of these industries under PAT scheme of BEE. EESL has prepared Energy Savings Plan for about 12 States
7|Page
through State Designated Agencies. Energy Savings Plan involves sector specific load profiling, analysis, energy
audit; potential assessment, benefit analysis and phased manner implementation plan. Further EESL has also
executed extensive energy assessment for industry waste heat recovery projects, energy audits of MuDSM,
AgDSM and Building Energy Efficiency projects.
EESL has executed energy efficient street lighting project at Vishakhapatnam, Puduchhery, Arunachal Pradesh,
and executing similar projects in South Delhi Municipal Corporation, Kerala, Rajasthan, Tripura and Andhra
Pradesh.
EESL Annuity Model: This is the model that EESL is working with all its existing project
where the entire upfront investment is made by EESL and the ULBs pay over a 7 year
period from savings in elecrticity and maintenance cost. If this model is applied, the
estimated investment by EESL is Rs. 43.16 crores and the annual payments of annuity are
estimated at around Rs. 11.83 crore for 7 year including R&M.
Financial Parameter for Annuity model: While preparing the tentative financials following
are the parameter we consider based on our previous tender experience,
Project cost contains= Cost of Luminaries+ CCMS/ Astronomical Timer (switch point wise) cost
+3 % PMC
Capital investment Debt: Equity ratio is 80:20, repayment include the10% per annum is rate of
coupan for Debt, 14 % IRR is on equity, 3% of the project cost per annum as Annual Maintenance
Cost (AMC) and applicable taxes.
8|Page
PMC with 7Year R&M: Under the second model scope of works & services are similar to
Annuity Model except capital investment. The entire capital investment will be done by UD &
HD or ULBs. Whereas
EESL will charge 10% of the project cost as administrative charges and
3% of the project cost as PMC charges. The project cost comprising the cost of luminaire
system & Infrastructure Development Cost.
On request of ULBs or UD & HD, EESL will take care of the AMC @3% of the project cost
per annum. AMC will be paid monthly or quarterly basis which is escalating @6% of AMC
annually.
a) The EESL shall ensure that for the entire agreement period, the LED streetlight fixtures
supplied and installed shall conform to technical standards.
b) The EESL shall extend warranty to the LED streetlight fixtures supplied throughout the
agreement period (i.e., 7 years) covering any manufacturing defects. The warranty shall
be limited to only manufacturing defects. Further the warranty shall also be not
applicable for any damage or malfunctioning of LED streetlight fixtures on account of
lightning strike, fire or any kind of Act of God beyond the control of either of the Parties
including adverse weather conditions, earth quakes, rains, tempest, whirlwind,
landslides, storms, volcanic eruptions, fire or any calamities, riots, high voltage, phase-
to-phase voltage, unauthorized handling, accidents and thefts. It is only for option A &
for rest options as mentioned in the model.
c) In the event of any dispute about the performance/efficiency of any luminary supplied
under the agreement such luminary shall be tested on calibrated watt meter for
verification of consumption of power in Watts. If the luminary fails to the agreed
specification the "EESL" shall rectify or replace it in terms of warranty at its own cost
throughout the agreement period.
d) EESL assures a minimum energy savings of 50% - 55% from the existing energy
consumption at the time of installation. This reduction of energy consumption will be
verified on representative basis by an independent agency appointed by EESL and ULBs.
e) EESL shall maintain all the retrofit LED lights during the entire contract period at
additional cost to ULBs in case of all option as mentioned period.
f) EESL shall provide a system of remote switching on-off of all lights along with real time
monitoring.
g) EESL shall take an insurance policy to cover for any failure of lighting in addition to the
warranty or manufacturing defect. This shall be charge additionally to ULBs as actual
basis.
9|Page
h) The installation of CCMS system/ Astronomical timers will be on switch point-wise.
Option A-In order to ensure that a robust payment security mechanism is in place, EESL
requires an ESCROW account / Bank Guarantee/ State Govt Assurance for payments which will
have a balance of six months of annuity and that will be reviewed annually or State Government
Guarantee for covering the capital cost of the project to secure its investment.
In addition to the above, the implementation agreement has provisions for mitigating defaults
by having revolving L/C arrangements.
10 | P a g e
1. Selection of Implementing Partner
Procurement process, selection Procurement services
of implementing partner. EESL shall undertake the following;
Preparation of Technical Specification Document
Preparation of Inspection Plan
Preparation of Bidding Document
Technical and Financial Evaluation
Bid process management
EESL shall carry out competitive bidding process for selection of
implementing partner involving;
Preparation of Request for Proposal (RFP) Document
Evaluation of proposals/bids submitted by
Applicants/Bidders
Preparation of Project Information Memorandum to be
enclosed with the RFP Document
Preparation of draft agreement to be enclosed with the RFP
Document
Evaluation of qualification/proposal submissions by
Bidders
Finalization of successful bidder and signing of Agreement
2. Project Management & Implementation
Project coordination, Project planning and execution.
implementation, monitoring and EESL will prepare a detailed implementation plan for the
maintenance support. project with time bound project milestones and deliverables.
Quality Inspection Plan
EESL will carry out the quality inspection and quality check
of LED streetlights intended for project use at various stages
viz., during manufacturing, pre-dispatch and at installation
sites. The product performance shall also be validated
through independent testing of the product under testing
protocol of EESL from NABL accredited laboratory.
Performance Monitoring
Post installation, energy and lux measurement shall be carried
out to ascertain the performance of the installed LED
streetlights.
EESL would provide the following technical performance to ULBs after installation of LED
Street Lights.
Free O& M support during the project period.
Free replacement warranty of street lights for technical defects.
Uptime of street light by more than
11 | P a g e
1. Preparatory phase:
(Preparation of tender documents, tender evaluation and finalisation)
EESL shall involve their technical, finance and contracts resource for preparatory phase.
This activity shall mainly be facilitated through EESL corporate office.
2. Project phase:
(Planning, team scheduling, work plan and implementation)
Project Head and Manager shall administer the project planning, team mobilization,
reporting structure and implementation monitoring.
Project coordination team shall be mobilised after selection of suppliers to chart out the
work plan region wise in consultation with municipal corporations.
Daily reporting.
Review of installations.
Coordination with suppliers.
Weekly installation plan.
Infrastructure requirements assessments.
Verification of installation with Municipal Corporation and Suppliers.
Quality supervisors shall be responsible for quality inspection during dispatches (pre-
dispatch inspection), site and installation inspection besides testing coordinating testing
of supplied samples from an independent NABL accredited laboratories for technical
conformance checks.
Inventory supervisor shall be arranged to categorically structure the storage space in
consultation with Municipal Corporation and engaged suppliers, logistics planning and
inventory management.
Project engineers shall coordinate with the suppliers installation team for LED retrofits
Project area mapping/survey with Municipal Corporation and Suppliers for
installation.
Switching point mapping in consultation with Municipal Corporation.
Coordination with Municipal Corporation field staff for necessary line clearance for
LED installation.
Routine follow-ups with suppliers and Municipal Corporation to ensue
implementation.
EESL will ensure the Repair & Maintenance of the installed street light of Municipal
Corporations till mentioned year with the additional 3% of the Project cost plus
applicable taxes annually.
5. TIME SCHEDULE
EESL will start the procurement activity after signing of agreement and further start the
implementation within 45 days of the signing of agreement & opening of ESCROW account or
getting LC / BG from respective ULBs or UDD.
EESL shall retrofit all existing conventional streetlight fixture excluding LED fixtures
installed in the jurisdiction of ULBs with LED streetlight fixtures.
12 | P a g e
The LED fixtures shall be replaced as point to point replacement of existing conventional
fixture i.e., both functional/non-functional fixtures shall be considered for replacement.
EESL shall ensure supply of energy efficient LED luminaries complete with all
accessories for street light installation.
Based on our experience in general the existing cables are very old, punctured at many
places, and are damaged, therefore the existing cable work needs to be changed with
new cable. ULBs have to ensure cabling arrangements at their own; where ever
necessary for installation of LED fixtures as replacement of conventional fixtures. If in
case EESL is asked to do the replacement then, there would be an additional cost
implication over & above the current projected financial cost in this proposal.
The replacement wattage of the LED streetlight fixtures may either be higher/lesser
than the existing streetlight fixture wattage in order to improve the illumination level as
compared to existing lux levels. The output of the LED lux level shall meet the standards,
where the pole configuration are as per NLC/IS or better the existing light level.
In case the existing pole configuration is not meeting the standards as per NLC/IS,
recommendations shall be given by EESL for suitable modification of the pole
configuration which needs to be implemented by ULBs if technically feasible at their
cost.
EESL would install central control & monitoring system (CCMS) which will have the
following key features:
a. Remote ON/OFF arrangement
b. Individual luminaire level controller with features to programme step/stage
dimming.
c. Energy measurement
d. Fault logics and alert notification to trace the luminaire level fault monitoring.
a. Reduction in energy consumption and costs: LED based energy efficient lighting
systems consume significantly less energy which is up to 45% - 55% lower compared to
the older and inefficient systems installed.
b. Optimising Operational Performance: LED technology enables introduction of
measures to optimize light sources and thereby use minimum intensity necessary to
accomplish the requirement. It also can be integrated with centralized monitoring and
control that could enable dimming and turning lights off using a timer or sensor when
not needed.
c. Social benefits: In addition to the benefits accrued from the savings in energy there are
also benefits that enhance/ improve the quality of light and thereby the safety aspects
in public places.
d. Reduced operation and maintenance cost: The life of such lighting systems is longer
and requires less maintenance bringing down operation as well as lifetime costs.
13 | P a g e
7. SURVEY OBSERVATIONS- Bihar Sharif Municipal Corporation
Existing Inventory
Total No. of Wards = 46
Total No. of Poles = 5179
Total No. of poles with lights = 2049
Total No. of Vacant poles = 3130
DifferentTypesofPoles:
1. Rail Pole : Above 3000
2. RCC Pole : between 1500 - 2000
3. Round pole : between 30 50
Observations:
1. Need New ARMs and Clamps for all lights.
2. Arms and lights are available on 2049 Poles.
3. All the existing Arm and Clamp needs replacement not compatible with the new luminaire.
4. Most of the lights are CFLs of 65 watt & 85 watt but the area is under illumination.
LuminaireRequirement:
S.No. Existing Proposed Nos. Remarks
1 250 W HPSV Lamp 120 W LED 120
2 CFL Fittings (1x85W) 40 W LED 1929 Under illuminated Area,
75W LED is
3 400 W HPMV Lamp 200 W LED 78 High Mast
4 Blank Poles 75W LED 3130
5257
14 | P a g e
Basic Infrastructure Requirement:
Note: From the survey conducted by EESL, it is evident that following infrastructure may
require to maintain the street light operational successfully. Following rates were captured from
the current market rates. However, it is suggested that ULB to undertake the necessary
infrastructure work at their own. EESL may undertake the necessary infrastructure work at
Upfront Cost for all ULBs.
TOTAL 95010000
15 | P a g e
Note:
1. All rates are for estimate purpose only. All equipments/material shall be procured through open
tender. Final Rates discovered in the bidding process shall be applicable.
2. Actual quantity shall be determined during implementation and the same shall be considered
for final billing purpose.
3. The Infrastructure component expenses shall not be a part of Annuity model and shall be paid
on Upfront basis.
4. EESL shall charge 10% service change and Project Management Charge & AMC each @ 3% on the
total Infrastructure expense.
5. Earthing has been considered for CCMS only.
6. Pole earthing shall be taken from the existing earthing from overhead line. In case of separate pole
earthing, additional charges shall apply as per actuals.
16 | P a g e
Comparative Implementation Options:
Option-1:
S.No. Existing Proposed Nos. Remarks
1 250 W HPSV Lamp 120 W LED 120
2 CFL Fittings (1x85W) 40 W LED 1929
3 400 W HPMV Lamp 200 W LED 78 High Mast
4 Blank Poles 75W LED
2127
17 | P a g e
Option-2:
S.No. Existing Proposed Nos. Remarks
1 250 W HPSV Lamp 120 W LED 120
2 CFL Fittings (1x85W) 40 W LED 1929
3 400 W HPMV Lamp 200 W LED 78 High Mast
4 Blank Poles 75W LED 3130
5257
18 | P a g e
19 | P a g e
Snapshot from Deoghar, Jharkhand
20 | P a g e
Option-1
Annexure-1:
Energy Saving Basis
21| P a g e
Option-1
Annexure-2:
Financial Model Sheet (Annuity Based)
Financial Calculation for Replacement of Conventional Street Lighting with LED Street Lighting Systems in Bihar Sharif
Cost of LED (INR/Watt) 85
Cost per Driver (INR) -
Cost of CCMS (INR/Watt) 15
Total number of Street Lights to be replaced 2,127
Total LED Wattage for Replacement 107,160
Total Cost of LED with CCMS (INR) 10,716,000
Infrastructure Development Cost % (Arms and clamps whenever required) 10%
Infrastructure Development Cost (INR) 1,071,600
Project Management Consultancy % 3%
Project Management Consultancy (INR) 353,628
Total Capital cost of the Project (INR) 12,141,228
Project life 7
Financial Years 1 2 3 4 5 6 7 Total
Equity portion ( 20% of Capital Cost) 2,428,246
Debt portion ( 80% of Capital Cost) 9,712,982
Debt at the beginning of the Financial year 9,712,982 8,689,181 7,562,999 6,324,199 4,961,518 3,462,570 1,813,727
Debt at the End of the Financial year 8,689,181 7,562,999 6,324,199 4,961,518 3,462,570 1,813,727 -
Principal payout annually 1,023,802 1,126,182 1,238,800 1,362,680 1,498,948 1,648,843 1,813,727 9,712,982
Interest Rate/ Interest amount 10.00% 971,298 868,918 756,300 632,420 496,152 346,257 181,373 4,252,718
Annual maintenance charges 3.00% 364,237 364,237 364,237 364,237 364,237 364,237 364,237 2,549,658
Recovery of equity investment 699,861 699,861 699,861 699,861 699,861 699,861 699,861 4,899,026
Annual repayment to be made by MC to EESL ( Excluding Service-Taxes) 3,059,198 3,059,198 3,059,198 3,059,198 3,059,198 3,059,198 3,059,198 21,414,384
Service Tax @ 14% 15.00% 278,311 257,174 233,263 206,161 175,377 140,334 100,353 1,390,973
Annual repayment to be made by MC to EESL ( Including Service-Taxes) 3,337,509 3,316,372 3,292,461 3,265,359 3,234,575 3,199,531 3,159,551 22,805,358
21 | P a g e
Option-1
Annexure-3:
Financial Model Sheet (Upfront Based)
Financial Calculation for Replacement of Conventional Street Lighting with LED Street Lighting Systems in Bihar Sharif
Cost of LED (INR/Watt) 85
Cost per Driver (INR) -
Cost of CCMS (INR/Watt) 15
Total number of Street Lights to be replaced 2,127
Total LED Wattage for Replacement 107,160
Total Cost of LED with CCMS (INR) 10,716,000
Infrastructure Development Cost % (Poles, Switchgear, Cabling) 10%
Infrastructure Development Cost (INR) 1,071,600
Total Capital cost of the Project (INR) 11,787,600
Project life 7
Financial Years 1 2 3 4 5 6 7 Total
22 | P a g e
Option-1
Annexure-4:
Trade-Off of Energy Savings
23 | P a g e
Option-2
Annexure-1:
Energy Saving Basis
26 Equity Investment
27 Opening Balance 71,56,821 71,56,821 66,26,334 59,82,274 52,00,325 42,50,965 30,98,354 16,98,976
28 Recovery of Equity 7.00 5,30,487 6,44,060 7,81,949 9,49,360 11,52,611 13,99,378 16,98,976 71,56,821
29 Closing Balance 66,26,334 59,82,274 52,00,325 42,50,965 30,98,354 16,98,976 0
30 Return on Equity 21.41% 15,32,229 14,18,655 12,80,766 11,13,356 9,10,104 6,63,337 3,63,740 72,82,186
31 Recovery of Equity (71,56,821) 20,62,715 20,62,715 20,62,715 20,62,715 20,62,715 20,62,715 20,62,715 144,39,007
32 Equity IRR 21.41%
25 | P a g e
Option-2
Annexure-3:
Financial Model Sheet (Upfront Based)
Financial Calculation for Replacement of Conventional Street Lighting with LED Street Lighting Systems in Bihar Sharif
1 Cost of LED (INR/Watt) 85
2 Cost per Driver (INR) -
3 Cost of CCMS (INR/Watt) 15
4 Total number of Street Lights to be replaced 5,257
5 Total LED Wattage for Replacement 3,15,835
6 Total Cost of LED with CCMS (INR) 315,83,500
7 Infrastructure Development Cost % (Poles, Switchgear, Cabling) 10%
8 Infrastructure Development Cost (INR) 31,58,350
9 Total Capital cost of the Project (INR) 347,41,850
10 Project life 7
11 Financial Years 1 2 3 4 5 6 7 Total
12
13
14 Total Capital cost of the Project (INR) 347,41,850 347,41,850
15 VAT 14.50% 50,37,568 50,37,568
16 Project Management Consultancy (INR) 3.00% 10,42,256 10,42,256
17 Service Tax on PMC @ 15% 15.00% 1,56,338 1,56,338
18 EESL Service Charges on Capital Cost & PMC 10.00% 35,78,411 35,78,411
19 Annual maintenance charges @ 3% of Capital cost and PMC with escalation annually 3.00% 10,73,523 10,73,523 11,37,935 12,06,211 12,78,583 13,55,298 14,36,616 85,61,689
20 Service Tax on AMC @ 15% 15.00% 1,61,028 1,61,028 1,70,690 1,80,932 1,91,787 2,03,295 2,15,492 12,84,253
21 Annual repayment to be made by MC to EESL ( Including Service-Taxes) 457,90,974 12,34,552 13,08,625 13,87,142 14,70,371 15,58,593 16,52,109 544,02,365
26 | P a g e
Option-2
Annexure-4:
Trade-Off of Energy Savings
27 | P a g e
28 | P a g e