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Andhra Pradesh Solar Power Corporation Private Limited

(A JV Company of Govt of Andhra Pradesh & Govt of India)

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ROLES & RESPONSIBILITIES

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ROLES & RESPONSIBILITIES

SECI's Responsibilities : SECI shall be responsible for carrying out following activities for collective achievement of goals stated in this MOU through the proposed JVC:

i) To act as Project Management Consultant to the JVC as per mutually agreed terms and conditions.

ii)Trading of solar power as per mutually agreed terms with the JVC.

iii)To subscribe the Equity in the agreed proportion of JVC as and when required.

iv)To help JVC for arranging funds including grant support from National Clean Energy Fund, debt from multilateral or International Banks required for development of the Solar park and the solar power projects.

v)Any other responsibility that parties may deem fit and proper to undertake.

vi)SECI shall trade the power generated from the UMSPP projects set up in solar Parks at mutually agreed terms and conditions among the parties.

vii)SECI shall coordinate with CTU to facilitate work on evacuation connectivity.

APGENCO& NREDCAP's Responsibilities : APGENCO and NREDCAP shall be responsible for carrying out the following activities for collective achievement of goals stated in this MOU.

i) Preparation of documents relating to forming of JVC viz. Memorandum of Association, Articles of Association, shareholders Agreement etc. and necessary compliances as per Companies Act 2013.

ii) To provide land to JVC for development of Solar Parks/Projects.

iii) To help JVC in obtaining all permits and clearances required for the development of these projects.

iv) To help JVC in arranging the ancillary facilities like water and auxiliary power.

v) To subscribe the Equity in the agreed proportion of JVC as and when required.

vi) To help JVC for arranging funds from Andhra Pradesh Government or other sources in its knowledge or domain for development of these Solar Thermal and PV Plants.

vii) Any other responsibility that parties deem fit and proper to undertake.

viii) APGENCO & NREDCAP shall carry out bidding activities for development of various infrastructural facilitates for the Solar Parks such as, land development, roads, power evacuation infrastructure within the park, water facilities, common area development , etc.

ix) APGENCO & NREDCAP may also take up bid process management for UMSPP for allocation in the Solar Park.

x) APGENCO & NREDCAP shall coordinate with STU to facilitate work on evacuation connectivity. Parties at its discretion, in consultation with the other party, can utilize the expertise of other agencies in implementing the project and is free to sign any agreement I Memorandum of Understanding, with such agencies. However, any duties and liabilities arising out of such agreements/understanding shall be solely the responsibility of that party and the other parties shall not be made liable for the same, whatsoever.

© 2018 Andhra Pradesh Solar Power Corporation Private Limited.