CONSTRUCTION OF 200 MLD STP AND 150 MLD TERTIARY TREATMENT PLANT ALONGWITH TREATED WATER DISTRIBUTION NETWORK UPTO NAROL INDUSTRIES AND OTHER ASSOCIATED WORKS AT OLD PIRANA, AHMEDABAD, GUJARAT

Sr. No. Item Rate offered in figures Rate offered in Words

ii) O&M price for 2nd year.

iii) O&M price for 3rd year.

iv) O&M price for 4th year.

v) O&M price for 5th year.

vi) O&M price for 6th year.

vii) O&M price for 7th year.

viii) O&M price for 8th year.

ix) O&M price for 9th year.

x) O&M price for 10th year.

xi) O&M price for 11th year.

xii) O&M price for 12th year.

xiii) O&M price for 13th year.

xiv) O&M price for 14th year.

xv) O&M price for 15th year.

Total Price of (III), in Rs. (Σ i to xv)

IV) GRAND TOTAL Total Price of ( I to III), in Rs.

Special Notes: 1. AMC will appoint an independent expert agency to evaluate the Plant Performance including power consumption. 2. Prices quoted will be carried forward to the Bid Evaluation Sheet as per Bid Evaluation Note and as per NPV Calculation Demonstration Sheet.

Sr. No. Particulars Civil Works (Fig.) (I) Piping Works (Fig.) (II) Mech. Works (Fig.) (III) Elect. Works (Fig.) (IV) Instru. Works (Fig.) (V) Total Amount (in Fig.) VI = (I + II + III + IV + V) Total Amount (in Words)

1 Main Receiving Chamber incl. Rising main & Gravity Mains to Inlet Chamber

2 Pre treatment units (Inlet Chamber, Screen chamber, Vortex Grit Chamber, Bypass Facility, etc.)

3 BNR Removal System (A2O process, SBR Process, MBBR process, Membrane Bio-Reactor (MBR) Process as applicable)

4 Media Filtration (Gravity / Media / Disc Filters, Filter Feed Sump if applicable, etc.)

5 Disinfection Unit (CCT & Chlor. System (Bldg.) / UV System), Outlet Flow Measurement System, Disposal Line, etc.

6 Sludge Treatment Units (Sludge Sump/s & PH, Sludge Thickener (if applicable), Sludge Dewatering System / Bldg., Filtrate Sump, etc. as applicable)

7 Buildings (BNR Blower Room, LT Rooms, Admin. Bldg., Security Cabin. etc.)

8 11KV HT Sub Stations (Switch Yard / PSC Metering Room, Tx. Yard, HT room, etc.)

9 66KV Substation - Switchyard including Panel cum Control Room

10 Roads, Pathways, Compound Wall, Street Lighting, etc.

11 Water Supply including service water line (Service / Drinking / etc.) / Site Drainage

12 Any other work including dismantling of existing structures, removal of sludge at site, etc. complete in all respects to complete the construction of proposed STP / Any other Unforeseen Works

TOTAL PRICE OF SCHED. B1, IN RS. Σ (1 to 12)

Note: Bidder shall fill up price break-up in above schedule B1 based on their technology selection and shall fill ZERO value for units which are not applicable.

Sr. No. Particulars Unit Qty. Rate Amount in Rs.

1 SITC of RCC Cable Trench for laying 11KV distribution Cables (66KV Switchyard, Main HT Panel to all existing and proposed 11KV substations as per tender specifications) as per tender specifications and complete in all respects: 1 Mtr. (wide) x 0.75 Mtr.(deep) RM 200

2 SITC of RCC Cable Trench for laying 11KV distribution Cables (66KV Switchyard, Main HT Panel to all existing and proposed 11KV substations as per tender specifications) as per tender specifications and complete in all respects: 0.5 Mtr. (wide) x 0.5 Mtr.(deep) RM 850

3 SITC of 11 kV (E), 3C x 240 sq.mm., Aluminium, extruded inner sheath, Armoured, XLPE , H.V Cable as per IS 7098 (part 2) and Tech. Specifications. (66/11 KV Power Transformer to 11KV Main HT panel Incomer 1 & 2 of 66KV Switchyard, Main HT Panel to Substations of Existing 106MLD TSPS, Existing 106MLD STP, Existing 60MLD STP, Proposed 200MLD STP, proposed 150MLD TTP). The scope also includes providing required cable kits for cable termination on both sides. Scope also includes dismantling of existing power connection / structure as required and the connection with new power cables shall be provided. RM 1500

TOTAL PRICE OF SCHEDULE-B2, RS.

Note: For this work based on trench layout finalized as per site condition bidder shall take necessary measurements in presence of client / TPI engineer and get the same certified and then only procure the cable of certified length as per actual requirement. Bidder to note that payment for all above work (construction of cable trench and supply & laying of cable) shall be made only for the actual quantity / length of work carried out at site and duly certified by client / TPIA.

SCHEDULE – C : ABSTRACT OF O& M COST FOR 200 MLD STP

Sr. No. O & M Period 1st Year 2nd Year 3rd Year 4th Year 5th Year 6th Year 7th Year 8th Year 9th Year 10th Year 11th Year 12th Year 13th Year 14th Year 15th Year Total

2 Repairs / Replacement / Maintenance of Electro-mechanical, piping & instrumentation/automation works including Spares / Replacements, Consumables, Lubricants, Lab. Reagents, Glassware, etc. (For Entire Sewage Pumping & Treatment Facility)

3 Repairs / Maintenance of civil structure / units / buildings, etc..

SUB-TOTAL for Repair and Maintenance (1+2+3)

4 Chlorine Dosage Cost (not applicable in case of UV Disinfection offered by bidder)

5 Dewatering Poly-electrolyte Dosage Cost

6 Cost of the Other Chemicals including alum/Fecl3, etc.

SUB TOTAL for Consumables (4+5+6)

7 Safe disposal of sludge, grit, screenings, etc. including transportation

8 Overheads, Insurance and Profits

1. Bidder is free to quote O&M Cost for each year separately. It may take into account periodic maintenance expenses and include them in relevant years. 2. The prices need to be quoted at Bid Due Date Prices, and should not be escalated for future years. Prices quoted will be escalated as per Financial model. 3. Prices quoted will be carried forward to the Bid Evaluation Sheet as per Bid Evaluation Note and as per NPV Calculation Demonstration Sheet.

Sr. No. Item Rate offered in Figures Rate offered in Figures

ii) O&M price for 2nd year.

iii) O&M price for 3rd year.

iv) O&M price for 4th year.

v) O&M price for 5th year.

vi) O&M price for 6th year.

vii) O&M price for 7th year.

viii) O&M price for 8th year.

ix) O&M price for 9th year.

x) O&M price for 10th year.

xi) O&M price for 11th year.

xii) O&M price for 12th year.

xiii) O&M price for 13th year.

xiv) O&M price for 14th year.

xv) O&M price for 15th year.

Total Price of (II), in Rs. (Σ i to xv)

IV) GRAND TOTAL Total Price of ( I to III), in Rs.

Special Notes: 1.AMC will appoint an independent expert agency to evaluate the Plant Performance including power consumption. 2. The capital cost of the 150 MLD Tertiary Treatment Plant shall be the amount quoted at Item I, and the capital cost of the Elevated Service Reservoir and Recycled Water Distribution Network shall be the amount quoted at Item II. Item I and Item II shall be evaluated separately against their respective grant ceilings set out at Para 3 of Schedule 12, and no set-off between the two components is permitted. 3.The Operation and Maintenance price quoted at Item III is exclusive of power cost. Power cost shall be discharged by AMC directly to the electricity utility against actual consumption, subject to the Guaranteed Energy Consumption quoted by the Bidder at Schedule 11C and to the penalty at Para 7.3 of Schedule 12. 4. Prices quoted will be carried forward to the Bid Evaluation Sheet as per Bid Evaluation Note and as per NPV Calculation Demonstration Sheet.

Sr. No. Particulars Civil Works (Fig.) (I) Piping Works (Fig.) (II) Mech. Works (Fig.) (III) Elect. Works (Fig.) (IV) Instru. Works (Fig.) (V) Total Amount (in Fig.) VI = (I + II + III + IV + V) Total Amount (in Words)

A 1 TTP Units UF Feed Tank 1 1 1 1 1

2 UF System including all associated pre-filtration system/basket strainer, chemical dosing / cleaning system, Backwashing System, buildings, etc. as applicable 1 1 1 1 1

3 UF Reject sump & pump house / Dirty Water Recycling System 1 1 1 1 1

4 RO Feed Tank 1 1 1 1 1

5 RO System including all associated MCF System, chemical dosing / cleaning system, Backwashing System, dirty water / reject sump / facility, buildings, etc. as applicable 1 1 1 1 1

6 RO Reject sump & pump house 1 1 1 1 1

7 RO Reject Polishing Treatment System & Disposal & including all assocaited chemical dosing / cleaning system, backwashing system, etc. as applicable. 1 1 1 1 1

8 RO Reject sludge handling system including sludge sump & pump house, sludge watering system / building and associated chemical dosing system, etc. as applicable 1 1 1 1 1

9 Treated Water Sump and Pump house 1 1 1 1 1

10 Chlorination System including associated chlorinator room, tonner room, etc. as applicable 1 1 1 1 1

11 11KV HT Substations including HT Room, LT Room, Transformer yard, etc. as applicable 1 1 1 1 1

12 Security Cabin 1 1 1 1 1

13 Roads, Pathways, Compound Wall, Street Lighting, etc. 1 1 1 1 1

14 Water Supply including service water line (Service / Drinking / etc.) / Site Drainage 1 1 1 1 1

15 Any other work including dismantling of existing structures, removal of sludge at site, etc. complete in all respects to complete the construction of proposed TTP / Any other Unforeseen Works 1 1 1 1 1

Total of A (TTP Units)

B 1 ESR & Distribution Network 20 Lac. Lit. Capacity 24 m. St. Height ESR with inlet, outlet pipes, valves etc. 1 1 1 1 1

2 Treated Sewage Distribution Network up to consumer end 1 1 1 1 1

Total of B (ESR & distribution Network)

C TOTAL of (A+B)

Note: Bidder shall fill up price break-up in above schedule B1 based on their technology selection and shall fill ZERO value for units which are not applicable.

SCHEDULE C : ABSTRACT OF O& M COST FOR 150 MLD TTP and ESR and Distribution Network (To be quoted in Rs. For each year)

Sr. No. O & M Period 1st Year 2nd Year 3rd Year 4th Year 5th Year 6th Year 7th Year 8th Year 9th Year 10th Year 11th Year 12th Year 13th Year 14th Year 15th Year Total

2 Repairs / Replacement / Maintenance

3 Repairs / Maintenance of ESR and Distribution network

SUB-TOTAL for Repair and Maintenance (1+2+3)

4 Chemicals and Consumables

5 Membrane and Cartridge Replacement

SUB TOTAL for Consumables (4+5)

6 Safe disposal of sludge, grit, screenings, etc. including transportation

7 Overheads, Insurance and Profits

Notes: 1. Bidder is free to quote O&M Cost for each year separately. It may take into account periodic maintenance expenses too and include them in relevant years. 2. The information from this section will be carried forward as the O&M Cost for the TTP and ESR + Distribution Network for purpose of bid evaluation. 3. The prices need to be quoted at Bid Due Date Prices, and should not be escalated for future years. Prices quoted will be carried forward to the Bid Evaluation Sheet as per Bid Evaluation Note and as per NPV Calculation Demonstration Sheet.

FORMAT OF BID PRICE SHEET (Schedule 11C) :

GUARANTEED ENERGY CONSUMPTION (First Year of O&M Period) : Enter guaranteed daily consumption in kWh per day. This figure constitutes a performance guarantee under the Contract. The Authority evaluates energy charges under Stream 4 of the NPV on the basis of this guarantee at Rs. 7.50 per kWh. Excess actual consumption over the guaranteed figure attracts a penalty, recoverable from O&M bills.

Facility Guaranteed Consumption (kWh per day) [ENTER HERE]

E1. 200 MLD Sewage Treatment Plant _______ kWh/day

E2. 150 MLD Tertiary Treatment Plant _______ kWh/day

BIDDER'S OWN ESTIMATE OF NPV BID SCORE (CHECK FIGURE ONLY) This section does NOT form part of the evaluation. The Authority will compute the Bid Score independently using its own model. The Bidder's estimate is recorded as a check: a material divergence between the Bidder's estimate and the Authority's computed figure will be investigated before award and does not by itself disqualify the Bid. The Bidder should use the Demonstration Sheet (MC STP+TTP Bidders' Demonstration Sheet.xlsx) supplied with the Bid Documents to derive these figures. AUTHORITY’S DECISION IN CASE OF ANY DISCREPENCY IS FINAL.

Item Bidder's Estimate [ENTER HERE] Basis / Assumption

NET PRESENT VALUE OF COST TO THE AUTHORITY — Rs. Rs. ___________ Sum of PV of all four streams discounted at 10% p.a. Use the Demonstration Sheet.

| SCHEDULE OF PRICES | AS PER PRICES QUOTED BY THE BIDDER IN SCHEDULE 11 B/1, SCHEDULE 11 B/2 AND SCHEDULE 11 C (GUARANTEED POWER CONSUMPTION)

Ahmedabad Municipal Corporation — Public Private Partnership (Hybrid Annuity Model): 200 MLD Sewage Treatment Plant, 150 MLD Tertiary Treatment Plant and Elevated Service Reservoir with Recycled Water Distribution Network at Pirana

This is a Demonstration Sheet for calculation of Bid Variable - NPV as an example. All cells shaded amber represent the price offer of the Bidder. No price entry is required in any other worksheet. The Bid shall be evaluated upon the lowest Net Present Value of Cost to the Authority as computed at Worksheet 4. Figures shown herein are indicative only and are required to be substituted by the Bidder.

CAPITAL COST (Design, Build, Finance and Commissioning)

Sr. / Item Unit Amount (Rs.)(Say)

200 MLD Sewage Treatment Plant Rs. 237,58,32,267 To be quoted

150 MLD Tertiary Treatment Plant Rs. 409,67,10,714

Elevated Service Reservoir and Recycled Water Distribution Network Rs. 73,04,55,081

Total Capital Cost Rs. 720,29,98,062

OPERATION AND MAINTENANCE COST, 200 MLD SEWAGE TREATMENT PLANT | To be quoted for each year separately at price levels prevailing on the Bid Due Date (Rs. per annum)

Head of Cost Unit Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15

OPERATION AND MAINTENANCE COST, 150 MLD TERTIARY TREATMENT PLANT TOGETHER WITH ELEVATED SERVICE RESERVOIR AND DISTRIBUTION NETWORK | To be quoted for each year separately at price levels prevailing on the Bid Due Date (Rs. per annum)

Head of Cost Unit Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 11 Year 12 Year 13 Year 14 Year 15

Sludge Handling and Disposal (enter zero if not applicable) Rs. p.a. ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0 ,,,0

GUARANTEED ENERGY CONSUMPTION (First Year of Operation and Maintenance Period) | Energy cost @ Rs. 7.50 per kWh shall be included in the O&M Cost by the Bidder

Item Unit Guaranteed Consumption Specific Consumption (kWh / ML) — computed

200 MLD Sewage Treatment Plant kWh / day ,,45,590 455.9

150 MLD Tertiary Treatment Plant kWh / day ,1,11,975 14.7

Note: The guaranteed energy consumption shall be submitted in the Power Guarantee Statement at Worksheet 2 of this Workbook. The Bidder shall include energy cost in its Operation and Maintenance cost computed at Rs. 7.50 per kWh on the guaranteed daily consumption. The Authority shall separately pay energy charges directly to the distribution licensee against the actual consumption; the difference between actual and guaranteed consumption shall be recoverable from the Concessionaire's O&M bills as per Concession Agreement conditions

NOTES FOR THE GUIDANCE OF BIDDERS

1. The Bidder shall quote the Operation and Maintenance cost in respect of each of the fifteen (15) years of the Operation and Maintenance Period separately, at price levels prevailing on the Bid Due Date. The quoted amounts shall include energy cost computed at Rs. 7.50 per kWh on the guaranteed daily consumption. Escalation shall not be built into the amounts so quoted.

2. Indexation of the quoted Operation and Maintenance cost shall be applied by the Authority in accordance with the following formula, subject to a minimum of 5% per annum: Pn = Pv × (WPIn / WPI1) + Pf × (CPIn / CPI1) where WPI applies to Repairs, Replacement and Consumables; CPI applies to Manpower; and Pv, Pf are the variable and fixed components respectively. For the purpose of evaluation in the demonstration model, a uniform rate of 5% per annum shall be applied, being the minimum stipulated.

3. The year-wise profile so quoted shall reflect the anticipated incidence of expenditure. Amounts on account of major replacement of membranes, pumping machinery, blowers or like equipment shall be shown in the year in which the same are anticipated to fall due.

4. Overheads, insurance and profit of the Bidder shall be quoted under the head so designated. The remaining heads are liable to be benchmarked and no element of margin should be loaded there.

5. The capital cost of the Sewage Treatment Plant, the Tertiary Treatment Plant and the Elevated Service Reservoir with Distribution Network are all open to bid. No cap is placed upon the capital cost that may be quoted by the Bidder. Where the capital cost quoted for any component exceeds the grant ceiling for that component as specified in the Fixed Inputs, the excess shall be financed by the Concessionaire and repaid by quarterly annuity at the rate of SBI MCLR plus 2% per annum as specified therein.

6. Energy charges shall be discharged by the Authority directly to the distribution licensee against the actual consumption measured at the facility. The guaranteed consumption quoted by the Bidder constitutes a performance guarantee under the Contract. Energy cost at Rs. 7.50 per kWh on the guaranteed daily consumption shall be included by the Bidder in its quoted Operation and Maintenance cost.

7. No rate per kilolitre is required to be quoted and no sharing of revenue from the supply of industrial-grade water is contemplated. The risk of offtake and of recovery from the industrial estates shall remain with the Authority.

8. The Bid shall be evaluated upon the lowest Net Present Value of the aggregate cost to the Authority, comprising four streams, namely grant, quarterly annuity, indexed Operation and Maintenance charges, and energy charges payable by the Authority to the distribution licensee on the guaranteed consumption, discounted at the rate specified in the Fixed Inputs.

POWER GUARANTEE STATEMENT | TO BE SUBMITTED ALONG WITH THE PRICE BID

Particulars Unit Guaranteed Consumption Specific Consumption (kWh / ML) Basis of Guarantee

200 MLD Sewage Treatment Plant kWh / day ,,45,590 0.23 To be substantiated in the Technical Bid by process design calculations.

150 MLD Tertiary Treatment Plant kWh / day ,1,11,975 0.75 To be substantiated in the Technical Bid by process design calculations.

The Bidder undertakes that the consumption guaranteed above shall not be exceeded during the Operation and Maintenance Period. Deviation shall attract a penalty equivalent to twice the monetary value of the difference between actual and guaranteed consumption per day, recoverable from Operation and Maintenance bills.

FIXED INPUTS — DETERMINED BY THE AUTHORITY; NOT OPEN TO BID

These values are furnished for the information of Bidders and shall apply uniformly to all Bids. No Bidder may vary or substitute any value herein.

Particulars Unit Value Ref. Basis

GRANT CEILINGS (Fixed amounts; not caps on quoted capital cost)

Grant ceiling — 200 MLD Sewage Treatment Plant Rs. 237,58,32,267 G1 100% of sanctioned estimate; Rs. 237.58 Crore. Bidder may quote above this; excess is concessionaire-funded.

Grant — 150 MLD Tertiary Treatment Plant (AMRUT) Rs. 156,79,00,000 G2a 30% AMRUT grant; Rs. 122.90 Crore+ Incentive from Amrut Rs 33.89 Cr. Bidder may quote TTP cost above this; excess is concessionaire-funded.

Grant — 150 MLD Tertiary Treatment Plant (Green Bond) Rs. 118,64,00,000 G2b Rs. 118.64 Crore from Green Bond AMC.

Grant — ESR and Distribution Network (GoG) Rs. 36,52,27,541 G3 50% GoG grant under RTWW Policy; Rs. 36.52 Crore. Bidder may quote network cost above this; excess is concessionaire-funded.

Estimated cost — 150 MLD TTP (reference only) Rs. 409,67,10,714 E1 Reference estimate. Capital cost is open to bid; the grant ceiling applies regardless of amount quoted.

Estimated cost — ESR and Distribution Network (reference only) Rs. 73,04,55,081 E2 Reference estimate. Capital cost is open to bid; the grant ceiling applies regardless of amount quoted.

CONSTRUCTION AND PAYMENT

Construction Period Years 2 C1 21 months construction plus 3 months trial run.

Phasing — Construction Year 1 % 45.00% C2 Payable quarterly against certified progress.

Phasing — Construction Year 2 % 55.00% C3 Balance.

Operation and Maintenance Period Years 15 C4 From the Commercial Operations Date.

FINANCING AND INDEXATION

SBI MCLR (3-year tenor) % 8.80% F1 As published by SBI with effect from 15 July 2026; to be reset on the Bid Due Date.

Spread over MCLR % 2.00% F2 Per Payment Terms clause (i) of the Concession Agreement.

Rate of interest on annuity (MCLR + spread) % 10.80% F3 Applicable to capital financed by the Concessionaire; not open to bid.

Number of annuity instalments per year Nos. 4 F4 Quarterly instalments.

Indexation of Operation and Maintenance charges % p.a. 5.00% F5 Minimum 5% p.a. applied in the evaluation model. Actual payment indexation shall follow Pn = Pv×(WPIn/WPI1) + Pf×(CPIn/CPI1) subject to min 5% p.a.

Discount rate for evaluation % p.a. 10.00% F6 Fixed and disclosed; applied to all outflows of the Authority.

Capitalisation / annuity factor (PV of Re 1 p.a. for 15 years) 7.61 F7 Present value annuity factor at the evaluation discount rate over 15 years. Used in NPV computation.

OPERATING PARAMETERS

Energy tariff for evaluation (Rs. per kWh) Rs./kWh 7.50 O1 Rate at which guaranteed energy consumption is valued in the NPV. AMC pays the electricity distribution utility at actual tariff; this rate is used for evaluation purposes only.

Days of operation per year Days 365 O2 Continuous operation.

Capacity — Sewage Treatment Plant MLD 200 O3 Design capacity.

Net output capacity — Tertiary Treatment Plant MLD 150 O4 Net output; applied in the specific consumption computation.

Volume supplied at TTP (computed) KL p.a. 54,750,000.00 O5 Net output capacity multiplied by days of operation and by one thousand.

Period / Year Constr. Yr 1 Constr. Yr 2 O&M 1 O&M 2 O&M 3 O&M 4 O&M 5 O&M 6 O&M 7 O&M 8 O&M 9 O&M 10 O&M 11 O&M 12 O&M 13 O&M 14 O&M 15

A. CAPITAL COST — APPORTIONMENT BETWEEN GRANT AND CONCESSIONAIRE

200 MLD STP — Quoted | Grant payable | Concessionaire-funded 237,58,32,267 237,58,32,267 ,,,0 quoted | grant payable | financed by Concessionaire

150 MLD TTP — Quoted | Grant payable | Concessionaire-funded 409,67,10,714 275,43,00,000 134,24,10,714 estimate fixed | AMRUT + Green Bond | Concessionaire

ESR & Network — Quoted | Grant payable | Concessionaire-funded 73,04,55,081 36,52,27,541 36,52,27,541 estimate fixed | GoG grant | Concessionaire

STREAM 1. GRANT DISBURSED BY THE AUTHORITY (construction period)

Grant disbursed 247,29,11,913 302,24,47,894

B. CONCESSIONAIRE CAPITAL AND ANNUITY

Concessionaire capital deployed 76,84,37,215 93,92,01,040 170,76,38,255

Concessionaire capital accreted to COD 943,38,27,04.53 1040,63,47,52.29 1984,01,74,56.82 total Concessionaire capital at COD

Quarterly instalment of annuity 67,14,49,34.23 60 equal quarterly instalments from COD

Annual annuity 268,57,97,36.90 4 × quarterly instalment; protected from abatement

STREAM 2. ANNUITY PAID BY THE AUTHORITY

STREAM 3. OPERATION AND MAINTENANCE CHARGES PAYABLE BY THE AUTHORITY (inclusive of energy cost at Rs. 7.50/kWh on guaranteed consumption; indexed)

STREAM 4. ENERGY CHARGES PAYABLE BY THE AUTHORITY TO THE ELECTRICITY UTILITY ON GUARANTEED CONSUMPTION (indexed at 5% p.a.)

C. TOTAL OUTFLOW AND PRESENT VALUE

NET PRESENT VALUE OF COST TO THE AUTHORITY 17716,84,88,79.16 THE BID SCORE. The Bidder offering the lowest figure shall be prefered bidder for award, subject to other conditions.

Net Present Value of Cost to the Authority 1,771.68 Rs. Crore — for the evaluation report.

D. INDICATIVE COST PER KILOLITRE (output; not a bid variable; not payable on a per-KL basis)

WORKSHEET 5 — BID SUMMARY

Particulars Unit Value Remarks

Total capital cost Rs. 720,29,98,062 Sum of STP quoted cost, TTP and Network estimated costs.

Grant payable by the Authority Rs. 549,53,59,808 Capped at the grant ceiling for each component.

Financed by the Concessionaire Rs. 170,76,38,255 The private capital placed at risk in the Project.

Proportion of total cost financed privately % 23.71% Informational; not an eligibility condition.

Concessionaire capital at COD (accreted) Rs. 198,40,17,457 Accreted at SBI MCLR + 2% p.a. over the construction period.

Quarterly instalment Rs. 6,71,44,934 Each of 60 equal instalments from the Commercial Operations Date.

Annual annuity Rs. p.a. 26,85,79,737 Four quarterly instalments per year; not subject to abatement.

Total annuity outflow over 15 years Rs. 402,86,96,054 Undiscounted sum of 15 annual annuity payments.

OPERATION AND MAINTENANCE

O&M payable in Year 1 Rs. 63,36,00,000 Quoted Year 1 O&M (STP + TTP/Network) at Bid Due Date prices.

O&M payable in Year 8 Rs. 110,26,03,891 Year 8 quoted O&M × 1.05⁷ — major replacement year in the sample.

O&M payable in Year 15 Rs. 125,44,84,661 Quoted Year 15 O&M × 1.05¹⁴.

Total guaranteed daily consumption (kWh/day) kWh/day 157,565 STP + TTP. Basis of the energy loading computation.

Annual energy cost on guaranteed consumption — Year 1 Rs. 43,13,34,188 Rs. 18,055 per kWh/day of excess over the lowest in the field. Zero in this sample, which assumes this Bidder equals the lowest.

NET PRESENT VALUE OF COST TO THE AUTHORITY Rs. 1771,68,48,879 THE BID SCORE. Discounted at 10% p.a.

Net Present Value Rs. Crore 1,771.68 Same figure in crore, for the evaluation report.

INDICATIVE TARIFF (output; not a bid variable)

Indicative cost per KL — Year 1 Rs./KL 24.36 Total outflow ÷ volume in Year 1.

Indicative cost per KL — Year 15 Rs./KL 43.42 Rises with indexation.

LEVELISED FULL COST PER KL Rs./KL 21.57 NPV of all outflows ÷ NPV of volume — economic cost per KL including grant.

1. The price offer of the Bidder comprises: (a) the capital cost of the three components; (b) year-wise Operation and Maintenance cost inclusive of energy cost for the STP and separately for the TTP with ESR and Network; and (c) guaranteed daily energy consumption. No cap is placed upon the capital cost that may be quoted.

2. The Authority fixes the rate of interest on annuity, the minimum indexation rate (5% p.a.), the discount rate for evaluation and the grant ceilings. Actual payment indexation follows the WPI/CPI formula subject to the said minimum. These inputs are identical for all Bidders and are not open to bid.

3. The Authority pays four streams: grant during construction (up to the ceiling for each component), quarterly annuity on the Concessionaire's funded capital, indexed Operation and Maintenance charges (inclusive of energy cost), and energy charges direct to the distribution licensee on the guaranteed consumption (also indexed). The O&M stream and the energy stream together reflect the total operating cost liability of the Authority.

4. Where actual energy consumption exceeds the guaranteed level, the Concessionaire shall bear the additional charges at twice the applicable tariff, recoverable from O&M bills.

5. The award is made to the Bidder offering the lowest Net Present Value of the four streams aforesaid. Every rupee quoted — capex, O&M or energy — increases the Bid Score. There is no combination of amounts that reduces the score while increasing the liability of the Authority.

See Evalaution Note