1. VOLUME and Scaling up timelines VARAAHI 01 CRORE METERS MoU for 1 Crore Minimum rollout per month – Ten Lakhs. ECIL COMMENTS
2 . ECIL – Certified Meters – Vendor Identification and Procurement by Varaahi VARAAHI RESPONSIBILITIES Negotiate & Procure BoM COMPONENTS as per ECIL Designed & Certified Meters. ECIL BoM of IS-16444- 1,2 (Single Phase and 3 phase WC meters) Alternate Components list Status of negotiation with ECIL-identified vendors Shipping to ECIL, Billing – ECIL Varaahi-identified vendor payments to be directly negotiated by ECIL ECIL to integrate with Varaahi NIC cards (WAN & NAN) and Gateway ECIL considering This activity to be part of the overall Contract Agreement. Varaahi opines that this should be a separate agreement
2 . MATERIAL AND COMPONENTS VARAAHI TEST ENVIRONMENT CAPITAL EQUIPMENT Test Benches – 100 nos.(75 Nos-1Ph & 25 Nos -3Ph) Test Jigs – 100 nos. ECIL COMMENTS
3. TURNAROUND TIME ECIL COMMENTS
4. TECH SUPPORT VARAAHI Any technical support required for various stages of Production to Delivery? ECIL COMMENTS
Testing VARAAHI What is the mutually agreeable test acceptance criteria Sign-off on document ECIL COMMENTS
Intellectual Property VARAAHI Varaahi IP ECIL COMMENTS
QA & QC VARAAHI - What quality assurance & control measures are required for production? - How will additional quality control measures impact the cost? - Are there any limitations to the level of quality control that can be provided? Draft Document shared and exchanged with each other? ECIL Comments
WARRANTY What is the warranty period and terms for the smart energy meters? Mapped to the discom contract warranty requirement. Define the repair or replacement of defective units be handled? Spares Inventory requirement mapped to the discom contract Are there any limitations or restrictions on the warranty? ECIL Comments
Payment Terms ECIL Comments
PENALTIES ECIL Comments
R&R of VARAAHI
ECIL R&R
1.9 GHz Manufacturing License
Packaging costs ECIL to provide an estimate on packaging costs and Technical details Meters per box Box packaging Meter packaging Dimension specifications Other
Transportation costs ECIL Comments
3rd party Inspection Client team to be engaged by VARAAHI outside ECIL premises ECIL Comments
Failure and Recall ECIL Comments Maintenance of Logs & Records