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6 FAQs about [Independent solar container project summary report epc]
Will EPC contracts provide for the handover of a solar facility?
EPC Contracts will not provide for the handover of the solar facility to the Project Company, and the PPA will not become effective until all commissioning and reliability trialling has been successfully completed.
Do solar projects need an EPC contract?
In our experience, most utility-scale solar projects use an EPC Contract. An operation and maintenance agreement: This is usually a medium- to long-term Operating and Maintenance Agreement (O&M Agreement) with an Operator. The term of the O&M Agreement will vary from project to project.
Do EPC contracts impose PLDs?
Most, however, do not impose PLDs. EPC Contracts impose PLDs because the achievement of the performance guarantees has a significant impact on the ultimate success of a project. Similarly, it is important the solar facility commences operation on time given the liability the Project Company will have under other project agreements.
How much liability does a solar contractor have?
Therefore, EPC Contracts for utility-scale solar projects cap the Contractor’s liability at a percentage of the contract price. This varies from project to project; however, an overall liability cap of 100% of the contract price is common. In addition, there are normally sub-caps on the Contractor’s liquidated damages liability.
What is the socio-economic impact of solar power projects?
(05) kilometre and the socio-economic impact of the project is anticipated to be minimal, since the solar power projects in general do not have any significant impacts on community health and safety and the current project is not envisaged to have any physical resettlement or major economic impacts.
Do solar power projects require environmental clearance?
Ministry of Environment, Forest, and Climate Change (MoEF&CC) in its Office Memorandum No. J-11013/41/2006-IA-II (I) dated 13th May 2011 stated that the solar power projects are not covered under the ambit of EIA Notification, 2006 and therefore does not require prior environmental clearance.
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