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# Calculator for calculating Bid Bond Value for a So

Solar PV Project
Project Capcity Discount Offered Depreciation Option Levellised Tariff as per CERC (in paisa per kWh) Discount as % of tariff Minimum Bid Bond Value (rounded off to nearest thousand, in Rs.) Normal 1,791.00 0.00% 0 5 MW Paisa Accelerated 1,495.00 0.00% -

Note: Please enter the Discount offer in paisa (whole number) in cell "D7" (white) above.

Steps Used in Calculation (Depreciation Option = Normal): Project Type: Solar PV Project 1 Project Capacity =5 MW Levellised Tariff = 1791 paisa per kWh 2 Discount Offerd = 300 paisa 3 Discount as % of tariff = 16.75% 4 Bid Bond Value calculation: As the discount % is more than 15% and less than 20%, following 3 slabs will be applicable: Upto 10% (179.10 p), 179.1*10000*5 = 89,55,000 > 10% & upto 15% (268.65 p), (268.65 - 179.10)*20000*5= 89,55,000 >15%, (300p in example), (300.00-268.65)*30000*5 = 47,02,500 Adding above three values, amount = Rs. 2,26,12,500. Rounding off to nearest multiple of Thousand, Bid Bond Value = Rs. 2,26,13,000.

## Steps Used in Calculat 1 2 3 4

Steps Used in Calculation (Depreciation Option = Accelerated): Project Type: Solar PV Project 1 Project Capacity =5 MW Levellised Tariff = 1495 paisa per kWh 2 Discount Offerd = 300 paisa 3 Discount as % of tariff = 20.07%

## Steps Used in Calculat 1 2 3

4 Bid Bond Value calculation: As the discount % is more than 20% and less than 25%, following 4 slabs will be applicable: Upto 10% (149.50 p), 149.5*10000*5 = 74,75,000 > 10% & upto 15% (224.25 p), (224.25 - 149.50 )*20000*5= 74,75,000 >15% & upto 20%, (299p, (299.00-224.25)*30000*5 = 1,12,12,500 >20% (300p in example), (300-299.00)*40000*5 = 20,000 Adding above four values, amount = Rs. 2,63,62,500. Rounding off to nearest multiple of Thousand, Bid Bond Value = Rs. 2,63,63,000.

## id Bond Value for a Solar Power Project

Solar Thermal Project
Project Capcity Discount Offered Depreciation Option Levellised Tariff as per CERC (in paisa per kWh) Discount as % of tariff Minimum Bid Bond Value (rounded off to nearest thousand, in Rs.) Normal 1,531.00 0.00% 0 0.00% MW Paisa Accelerated 1,285.00

Note: Please enter the Project Capacity in MW (whole number) in cell "I6" and Discount offer in paisa (whole number) in cell "I7" above (both white cells).

Steps Used in Calculation (Depreciation Option = Normal): Project Type: Solar Thermal Project Project Capacity = 25 MW Levellised Tariff = 1531 paisa per kWh Discount Offerd = 210 paisa Discount as % of tariff = 13.72% Bid Bond Value calculation: As the discount % is more than 10% and less than 15%, following 2 slabs will be applicable: Upto 10% (153.10 p), 153.1*10000*25 = 3,82,75,000 >10%, (210p in example), (210.00-153.1)*20000*25 =2,84,50,000 Adding above two values, amount = Rs. 6,67,25,000. As above figure is already a multiple of Thousand, Bid Bond Value = Rs. 6,67,25,000.

Steps Used in Calculation (Depreciation Option =Accelerated): Project Type: Solar Thermal Project Project Capacity = 25 MW Levellised Tariff = 1285 paisa per kWh Discount Offerd = 210 paisa Discount as % of tariff = 16.34%

Bid Bond Value calculation: As the discount % is more than 15% and less than 20%, following 3 slabs will be applicable: Upto 10% (128.50 p), 128.5*10000*25 = 3,21,25,000 > 10% & upto 15% (192.75 p), (192.75 - 128.5)*20000*25= 3,21,25,000 >15%, (210 p in example), (210.00-192.75)*30000*25 = 1,29,37,500 Adding above three values, amount = Rs. 7,71,87,500. Rounding off to nearest multiple of Thousand, Bid Bond Value = Rs. 7,71,88,000.