The solar power plant must be completed by 2025 unless approved otherwise by the Energy Commission. Will there be any delay compensation payable to TNB for any delay in achieving commercial operation date, and if so, what is the rate of such delay compens

The solar power plant must be completed by 2025 unless approved otherwise by the Energy Commission. Will there be any delay compensation payable to TNB for any delay in achieving commercial operation date, and if so, what is the rate of such delay compensation?

This will be specified under the NEDA agreement with TNB. No specific provision for the delay compensation under the allocation of quota. However, according to Clause 11.2(b) of the Guide reads if the solar power plant is not completed by the SCOD ie. before 2025, the Commission reserves the right to cancel the offer.

If the VPPA is a derivative, whether exemption will be made to exclude from the requirements of the Capital Markets and Services Act 2007? If the CGPP quota has been successful selected, but during NEDA implementation that the TNB injection point is not able inject or to comply with the Grid Code requirement. What will happen to the CGPP quota, any compensation of the cost of investment on the upfront cost?

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