Eligibility Criteria of SPP
Understand that preference shares are allowed via non-convertible preference shares with debt characteristics and no voting rights are allowed. In such case, is the preference shares holder considered as one of the consortium members?
No, if it is a non-convertible preference shares.
Eligibility Criteria of SPP
Can cogen operator with public license participate in VPPA scheme? What is the difference between the company install solar power generation for producing electricity for own consumption compared with VPPA.
Can cogen operator with public license participate in VPPA scheme? What is the difference between the company install solar power generation for producing electricity for own consumption compared with VPPA.
i) Company A submits an application of 30MW through consortium A (company A + Company B). Company A holds 50% shareholding.
ii) Company A submits another application of 30MW through consortium B (company A + company C) . Company A holds 50% shareholding.
Is this arrangement allowed? Or Company A submission through consortium A is already counted as 1 full submission?