Professional Documents
Culture Documents
2015)
OPERATIONALGUIDELINES
For
Implementationof
(ExtensionSchemeforGenerationBasedIncentive
forGridConnectedWindPowerProjectsdt.04.09.2013)
by
IndianRenewableEnergyDevelopmentAgencyLtd.(IREDA)
(ProgramAdministrator)
(TobereadwiththeadministrativeapprovalofExtensionofGBIschemeissued
byMNREdt.04.09.2013andrevisedOperationalGuidelinesissuedbyIREDAason
28.12.2013)
Ministry of New and Renewable Energy
(MNRE)
Block14,
CGO
Complex,
Lodhi Road, New Delhi110 003, (India.)
Tel:911124360404,24360707
Fax:911124361298
Website:http://mnre.gov.in
Indian
Renewable
Energy
DevelopmentAgencyLimited
(AGovernmentofIndiaEnterprise)
CorporateOffice
RegisteredOffice
IndiaHabitatCentre,EastCourt,
Core4A,1stFloor,LodhiRoad
NewDelhi110003
Tel:+91112468220619
Fax:+911124682202
Website:http://www.ireda.gov.in
1.
THESCHEME:
TheMinistryofNewandRenewableEnergy(MNRE)hasannouncedtheextension
of the scheme for continuation of Generation Based Incentive (GBI) for Grid
InteractiveWindPowerProjectsfortheentire12thplanperiod(20122017).
TheobjectivesoftheGBIschemeare:
a. ToBroadenInvestorBase.
b. To incentivize actual generation with the help of a generation /outcome
basedincentive.
c. TofacilitateentryoflargeIndependentPowerProducers(IPPs)andForeign
DirectInvestment(FDI)totheWindPowerSector.
Themainfeaturesoftheschemeare:
(i)
(ii)
(iii)
2. ELIGIBILITYFORAVAILINGGBI:
2.1
Theincentivewouldbeavailableforgridconnectedwindpowerprojects
setupforsaleofelectricitytothegrid,atatariffnotifiedbySERCand/or
State Govt. and also for Captive Wind Power Projects including Group
Captivetotheextentofsaleofelectricitytothegridonly.
Exclusion:GBIwouldnotbeavailabletoanywindpowerprojectselling
powertothirdparty,(viz.merchantpowerplants).
2.1 (a) However, in projects where the project is commissioned but PPA with
state utility for sale of power under preferential tariff has not been
signedduetoanyunforeseenreasons,insuchcasestheprojectcanstill
register with IREDA under this scheme for GBI. The condition of
mentioning name of Utility in the online application form with whom
the PPA has been signed is relaxed for such projects. However, the
applicanthastomentionthefollowingpointintheDeclarationasthird
lastpointwhichistobesubmittedtoIREDA.
The company shall sell power generated from the project to state
Utilities/DISCOMandwillbeentitledtoclaimGBIonlyuponconfirming
thatPPAshavebeensigned.
2.1(b)Further,theincentivewouldalsobeavailableforgridconnectedwind
power projects set up for Captive consumption, if set up by public
utilitiesand/orGovernmentbody(State/Central)fortheircaptiveuse.
2.2 The incentive would be available for wind power projects set up with
regardto interstatesaleofpowertotheGridthroughTender/bidding
routewheretariffisnotdeterminedbySERC.Inthiscase,theGBIwould
be provided only in case wherever Utility has clearly indicated the
applicableTarifffortheProjectinclusiveofGBIcomponent.
2.3TheincentivewouldbeavailableforwindpowerprojectssetupasProto
typeTurbinesinstalledbythewindmanufacturers.Inthiscase,theGBI
would be provided only in case, if a wind manufacturer provides
documentaryevidenceofnotclaiminganytaxbenefitontheprototype
wind machine, they may be considered for GBI claim which will be
reckonedunderGBII/GBIIIdependinguponthedateofcommissioning
ofthemachine,subjecttofulfillmentofotherconditionsofGBIscheme.
3. DOCUMENTS REQUIRED FOR REGISTRATION FOR CLAIMING
GENERATIONBASEDINCENTIVE(GBI):
a.
b.
The applicant shall fill online application through web link available at
IREDAswebsite.Thedetailsofweblinkisasgivenbelow:
LogintoIREDAswebsiteatwww.ireda.gov.in
Onmainpage,clickthelinkonWindGBI.
Under this link, the following link appears: Online application for
WindGBIschemeII.
c.
Thecommissioningcertificateshouldindicatethelocationnumberforeach
individualturbine.
AllmachinesarerequiredtohavetheUniqueIdentificationNumber(UIN)
issuedbyIREDAforeachcommissionedmachinetobepaintedhorizontally
on the Tower. The height at which the tendigit UIN should be painted
wouldbewithin3to4metersfromthebase.Thesizeofeachlettershould
beapproximately25cminheightand5cminwidth.Themachinesavailing
thebenefitofGBIneedstopaintedinGreencolour.Incaseoflatticetower,
the number can be painted on a suitable board arrangement to ensure
visibility.
4.(A)DOCUMENTSREQUIREDFORCLAIMOFGBI:(forprojectscommissioned
between01.04.2012to31.03.2014)
4.1OnlineclaimformdulyfilledinshallbesubmittedinIREDAswebsite.
4.2TheGBIclaimsshallbeprocessedonmonthlybasis.
4.3 The hard copy of the following documents shall be submitted by the
companyforclaimingGBI.
Documents required for processing Tobeattested/Certifiedby:
GBIclaimonmonthlybasis
Joint Meter Reading of the
claimperiod
To
be
attested
by
Director/Authorised Signatory of
theCompany.
Invoicesoftheclaimperiod
TobeattestedbyTaxAuditorofthe
Complete Set of Income Tax
Company and be submitted on
Return with all the Annexures
annualbasis.
along with Income Tax
Acknowledgement of the
financialyear
TobeattestedbyTaxAuditorofthe
TaxAuditReportofthefinancial
Company and be submitted on
yearwithalltheAnnexures.
annualbasis.
Notes:
1)
All the financial documents viz Complete Set of Income Tax Return
with all the Annexures along with Income Tax Acknowledgement of
thefinancialyearandTaxAuditReportarerequiredtobesubmitted
onannualbasisimmediatelyaftertheexpiryofduedateoffilingof
IncomeTaxReturnunderIncomeTaxAct1961.
4.(B)DOCUMENTSREQUIREDFORCLAIMOFGBI:(forprojectscommissioned
onorafter01.04.2014)
4.1OnlineclaimformdulyfilledinshallbesubmittedinIREDAswebsite.
4.2TheGBIclaimsshallbeprocessedonmonthlybasis.
4.3Afterfillingtheonlineclaim,thehardcopyofthefollowingdocumentsshall
besubmittedbythecompanyforclaimingGBI.
Documents required for processing Tobeattested/Certifiedby:
GBIclaimonmonthlybasis
JointMeterReadingoftheclaim
period
To
be
attested
by
Director/Authorised Signatory of
theCompany.
Invoicesoftheclaimperiod
TobesubmittedfromTaxAuditorofthe
companyonannualbasis.
NOTE:
1) Allthefinancialdocuments,CompleteSetofIncomeTaxReturnwithallthe
AnnexuresalongwithIncomeTaxAcknowledgementofthefinancialyear,
Tax Audit Report, Tax Auditor certificate, Machine wise depreciation
calculationasperIncomeTaxactandasperCompaniesactarerequiredto
be submitted on annual basis immediately after the expiry of due date of
filingofIncomeTaxReturnunderIncomeTaxAct'1961.
2) Theclaimantneedstosubmithardcopyofscreenshotofonlineclaimfiled
on GBI web portal for relevant period showing sum total of GBI claim
amount.
5. STEPSTOREGISTER:
a. FillinthecompletedetailsinthewebportalatIREDAswebsite:Online
applicationforWindGBIschemeII.
b. Onreceiptofhardcopiesoftheabovedocumentsfollowedbyregistration,
a letter regarding project registration number and Unique Identification
Number for each commissioned machine shall be forwarded to the
applicant.
6.TimelinesforregistrationunderGBIIIscheme:
6.1.Forregistration:
ItismandatoryforwindpowerprojectstoregisterwithIREDAwithin6
monthsofcommissioning,tobeeligibletoavailGBI.ToregisteronGBI
web portal, it is desirable that signed PPA is available with the
applicant. However, the applicant will be allowed to register on GBI
webportalpendingsigningofPPAsubjecttoconditionthattheyshall
beeligibletoclaimGBIonlyaftersigningofPPA.
6.2Forclaimsubmission:
It is mandatory to submit claims with IREDA within 3 weeks of online
submissionofclaim.
7.QUERIES:
AnyqueriesinregardtoregistrationandclaimforGBI,maybesenttothe
following:
Toemail:gbiwind@ireda.gov.in
In case of nonreceipt of suitable reply from the above email, you may
contactthefollowingofficialsatIREDAinchronologicalorderof(athenb
thencandthend).
a. Mr.DeveshSharmaGBIConsultant,Tel:+91112671740026717413,
Extn.180.
b. Mr. Narendra Ahir Asst. Technical Officer (Technical Services), IREDA,
Tel:+91112671740026717413,Extn.361.
c. Mr. Praveen Khambra Assistant Manager (Technical Services), IREDA,
Tel:+91112671740026717413,Extn.177.
d. Mr.R.K.VimalAssistantGeneralManager(TechnicalServices),IREDA,
Tel:+91112671740026717413,Extn.124.
AnnexureA
(Applicablefortheprojectscommissionedbetween01.04.2012to31.03.2014)
(To be submitted on Rs. 100/ non judicial stamp paper, signed by the
DirectoroftheCompany)
DECLARATION
1.
2.
3.
4.
We, Name of the Company Regd. Office Address of the company hereby
agreeandundertaketoabidebythefollowing:
We have read carefully and understood the scheme New scheme for
Generation Based Incentive for Grid Connected Wind Power Projects
issued by MNRE vide notification No. 53/10/2011WE dt. 04.09.2013 and
OperationalGuidelinesinthisregardissuedbyIREDAdt..andagree
to the terms and conditions of the said guidelines and procedures
announced by MNRE/Program Administrator or any other agency
authorizedbythem.
Wedeclarethatwehavenotbeendebarredfromreceivinganygrantfrom
theMNRE/IREDA/Sategovt.
5. Further,weagreeonthefollowing:
a) TheMNREhasarighttomodifytheguidelinesfromtimetotimeandthe
prevalent terms and conditions of the guidelines shall be binding on all
parties.
c) TosubmitoriginalcopiesofJointMeterreadingandtheInvoicesraisedof
anyclaimperiodstartingfromApril2012onwards,ifrequiredbyIREDAfor
certifyingauthenticityofthesedocuments.
d) The company shall not change the mode of sale of power (PPA) once
finalizedbeforeregistrationofprojectvizthecompanywillnotchangeits
mode of sale of power from sale to SEB to REC or to Captive or Group
CaptiveoranyothermodeexceptforsaleofpowertoSEBeitherpartially
orinfullwithoutpriorintimationtoIREDA.
f) UIN issued by IREDA shall be painted on the tower and shall not be
tamperedwith.
h) AsfarasweunderstandmereregistrationoftheprojectforGBIdoesnot
entitleustoreceivetheGBI.
6. I confirm that I have been authorized to sign and submit the application
formandcompleteotherrelatedformalitiesassociatedwiththewindGBI
scheme.
NameoftheDirector:
NameoftheOrganization:
RubberStamp:
Place:
Dated:
AnnexureB
(Applicablefortheprojectscommissionedonorafter01.04.2014)
(To be submitted on Rs. 100/ non judicial stamp paper, signed by the
DirectoroftheCompany)
DECLARATION
We, Name of the Company Regd. Office Address of the company hereby
agreeandundertaketoabidebythefollowing:
1. We have read carefully and understood the scheme New scheme for
Generation Based Incentive for Grid Connected Wind Power Projects
issued by MNRE vide notification No. 53/10/2011WE dt. 04.09.2013 and
OperationalGuidelinesinthisregardissuedbyIREDAdt..andagree
to the terms and conditions of the said guidelines and procedures
announced by MNRE/Program Administrator or any other agency
authorizedbythem.
3. Wedeclarethat,weshallnotclaimAcceleratedDepreciationonthewind
mills installed and registered under GBI and we further agree that
depreciation@7.69%SLMshallbetakenforwindmillscommissionedonor
after01.04.2014andregisteredwithIREDAunderGBIscheme.
5. Wedeclarethatwehavenotbeendebarredfromreceivinganygrantfrom
theMNRE/IREDA/Sategovt.
6. Further,weagreeonthefollowing:
a) TheMNREhasarighttomodifytheguidelinesfromtimetotimeandthe
prevalent terms and conditions of the guidelines shall be binding on all
parties.
d) The company shall not change the mode of sale of power (PPA) once
finalized before registration of project viz the company will not change its
mode of sale of power from sale to SEB to REC or to Captive or Group
CaptiveoranyothermodeexceptforsaleofpowertoSEBeitherpartiallyor
infullwithoutpriorintimationtoIREDA.
f) UIN issued by IREDA shall be painted on the tower and shall not be
tamperedwith.
h) AsfarasweunderstandmereregistrationoftheprojectforGBIdoesnot
entitleustoreceivetheGBI.
7. I confirm that I have been authorized to sign and submit the application
form and complete other related formalities associated with the wind GBI
scheme.
NameoftheDirector:
NameoftheOrganization:
RubberStamp:
Place:
Dated:
Annexure C
To whomsoever it may concern
Sl.
Particulars
Details
No.
1.
Party Name
2.
3.
E-mail ID of Party
vsyadav@ireda.gov.in
CC: cmd@ireda.gov.in
4.
Telephone of Party
011-26717400-34, 9871692936(M)
5.
011-26717416
6.
Account No.
352401010019017
7.
Account Type
Current Account
8.
Bank Name
9.
Branch
10.
UBIN0535249
12.
24652717 / 24616901(9899572714)
13.
24603379
Sl. No.
Particulars
Details
1.
Party Name
2.
3.
E-mail ID of Party
vsyadav@ireda.gov.in
CC: cmd@ireda.gov.in
4.
Telephone of Party
011-26717400-12, 9871692936(M)
5.
011-26717416, 011-26717418
6.
Account No.
602000301000386
7.
8.
Account Type
Current Account
9.
Bank Name
Vijaya Bank
10.
Branch
11.
VIJB 0006020
12.
13.
011-26170698, 26176973
14.
011-26194796
15.
Swift Code
VIJBINBBRFC
16.
MICR Code
110029018
AnnexureD
(Applicable for the projects commissioned between 01.04.2014 to 31.03.2017 under
Extension Scheme for Generation Based Incentive for Grid Connected Wind Power
Projectsdt.04.09.2013)
CERTIFICATE
(TobeissuedontheletterheadoftheTaxAuditorwhoconductedthetaxauditofthecompanyunder
section44ABoftheincometaxactfortheFinancialyear..)
This is to certify that M/s <<Company Name>> having its Registered Office at << Address>>, PAN
NUMBER<<PANNUMBER>>,hasclaimedDepreciationforthefinancialYear<<Year>>@7.69%ofthe
actual cost for the following machines, which have been registered with IREDA with the following
UniqueIdentificationNumber(UINs)forthepurposeofclaimingGenerationBasedIncentive(GBI)under
the Extension GBI scheme for Wind Power Projects as per the Ministry of New & Renewable Energy
MNRE administrative approval order No. 53/10/2011WE dated 04.09.2013: Scheme for
ImplementationofGenerationBasedIncentive(GBI)forGridInteractiveWindPowerProjects.Therate
ofdepreciationbeingclaimedforthebelowmentionedmachinesforthefinancialYear<<Year>>isas
under:
DetailsofdepreciationclaimedbythecompanyonthemachinesregisteredunderGBI
S.NO F.Y.
AssetDetails
Also,wehavecertifiedAnnexureEandAnnexureFasenclosedwiththiscertificate.
Theincometaxreturn,computationofincomeandBalancesheetfortheyear<<Year>>hasalsobeen
dulyverified.Itiscertifiedthatthecompanyhasclaimeddepreciation@7.69%oftheactualcost.Copy
ofIncomeTaxReturn,certified copyofcomputationshowingdepreciation claimedasperIncome Tax
ActandCompaniesAct,IncomeTaxAcknowledgement,TaxAuditreportandauditedBalanceSheetis
attachedherewith.
Place:
Date:
Signature
Nameoftheauditor
MembershipNumber
Phone
Email
AnnexureE
CostandDepreciationdetailsfortheyear_______forBlockofWindMillsunderwhichMachinesareregisteredwithIREDA.
Sl.No.
Description
MachineNumber
UIN
Date
Rateof
Actual
Additionsduring
of
Allotted ofPut Depreci
Costas
theYear
Individual
by
toUse
ation
at
Asset
IREDA
beginni
ngof
the
Deletions
year
during
(A)
theyear
(D)
More
Less
than
than
180
180
days
days
(B)
(C)
Head:
Head:
Head:
Windmills@7.69%
Windmills
@15%
OtherWindmills
Depreciation(SLMBasis)
Subtotal
(A+B+C
D)
(1)
Up to
starting
ofthe
year(2)
More
than
180
days
(i)
Less
than
180
days
(ii)
AmountinINR
WDVasonend
oftheyear
(123)
Depreci
ation
during
the
Year
(i+ii)(3)
DepreciationReconciliation
Statement
Asset
Head:
Rateof
Deprecia
tion
Amou
nt
Plant&Machinery
Head:
Grand
Total
1)Windmill
2)Windmill
3)OtherWindmill
7.69%
15%
_%
OtherPlant&
Machinery
1)
2)
3)
_%
_%
_%
SubTotal
OtherThanPlant&Machinery
Note:TotalDepreciationasperaboveReconciliationStatementshouldtallywithIncomeTaxReturnandAnnexureofdepreciationasperTaxAudit
Report.
*Incaseofanydiscrepancy,specifywith
reasons.
ToBecountersignedbytheAuthorisedSignatory
Signature
`
NameoftheAuditor
MembershipNo.
AuthorisedSignatory
ContactNo.
AnnexureF
CostandDepreciationdetailsfortheyearofBlockofWindMillsunderwhichMachinesareregisteredwithIREDA(asperCompaniesAct'1956/2013)
AmountinINR
Description
Sl.
of
No. Individual
Asset
GrossBlock
Machine
Number
UIN
Allotedby
IREDA
Comm/Cap
Date
ActualCost
asatstarting
oftheyear
Additions
AccumulatedDepreciation
Sale/Adjusted
Balance
asatend
ofthe
year
Upto
startingof
theyear
For
the
Year
Asat
endof
theyear
NetBlockasatend
oftheyear
Note:TotaladditionofwindmillsshouldmatchwiththeadditionsinwindmillsasperscheduleofFixedAssetsintheBalanceSheet.
*Incaseofanydiscrepancy,specifywithreasons.
ToBecountersignedbytheAuthorised
Signatory
Signature
NameoftheAuditor
AuthorisedSignatory
ContactNo
Email