Amendment #4 Page 211 of 868 lAtitstriclArigi The cowiterparty to the PPA is GUVNL The PPA Is scheduled to terminate 25 years from the commencement of corrrneros operatons and provides for a fiat tariff of INR 15 00fIdAti (approxrnately SO 24t1rWri) for the first 12 years of is term and INR 5 00/InAti (SO 084W') for the remaining 13 years GUVNL is contractualy obligated to establish an irrevocable letter of credit to secure Ispayment otligetcns under the PPA ESP Urp Our ESP Urpa project is located in the Dhama Viagra, Surendranagar District. of Gujarat. Irdia This 3.7 MW capacdy project comrnerced commercial operations during tie loath crusts of 2011 This protect Wads fixed tit technotgy. In order to comply wth local regulabons, we have a 74% ownership Merest In Ins project, with our Sponsor ndrectif Song tte remaining 26% ownership interest The counternarty to the PPA is GUVNL The PPA is scheduled to terinnate 25 years from COO and peonies for ant tariff of NR 15 OD: ANT (approximate? SO 24WM) for the first 12 years d its term and INR S 0340Ah (SO 08/IdAti) for the remaining 13 years GUVNL is contractually obligated to establsh an irrevocable letter of credit to secure is payment otagations under the PPA Baa Sae Cur flora Bora project fl oated in the Decamped,/ Vilbsge, Anantapur District of Andhra Pradesh, India Ins 17.8 MW project is expected to commence operations in the second half of 2015 Tre project veil consist of 12 wind turbines of 2 0 MW capeoty each manufactured by Gamesa Our project company has entered into a capaoty allocation agreement with New and Renewable Energy Developrent Corporation of Andhra Pradesh Ltd , the goverment nodal agency for developenert a renewable projects in the state of Andhra Pradesh The capacity allocation agreement eddies the project company to undertake the development of the project at the ncated bite and enter Ito a PPA wth the "afters in accorcence wth the curter! state policy. As per tie current state po