TERI received the subsidy after installation and commisioning of Solar PV Based Mobile Phone Charging Facilities. The subsidy for each charging facilities was disbursed in three installments:
- Front Loaded Subsidy (FLS) equal to 60% of the total subsidy payable
- First Annual Subsidy equal to 20% of the total subsidy payable
- Second Annual Subsidy equal to 20% of the total subsidy payable
TERI was eligible to submit the claim for FLS at the end of the quarter when the charging facilities were installed and made functional.
The First Annual Subsidy was payable at the end of the quarter when the charging facilities completed one year of satisfactory service from the date of installation.
The Second Annual Subsidy was payable at the end of the quarter when the charging facilities completed two years of satisfactory performance from the date of its installation.
For the Infrastructure Sites not provided as per the rollout required to be achieved, without prior written concurrence of the Administrator, the delayed period shall entail recovery of liquidated damages (L.D.)