(1) On being satisfied that the requirements specified under sub-regulation (2) of regulation 9 are met, the nodal agency shall grant medium-term open access for the period stated in the application:
Provided that for reasons to be stated in writing, the nodal agency may grant medium-term open access for a period less than that sought for by the applicant:
Provided further that the applicant shall sign an agreement for medium term open access with the State Transmission Utility/licensee in case medium-term open access is granted by the nodal agency in accordance with the provisions as may be made, in the detailed procedure. While seeking medium-term open access to an intra-State transmission licensee, other than the State Transmission Utility, the applicant shall sign a tripartite medium-term open access agreement with the State Transmission Utility and the intra-State transmission licensee. The medium-term open access agreement shall contain the date of commencement and end of medium-term open access; payment security mechanism for the term of open access, the point of injection of power into the grid and point of drawl from the grid, the details of dedicated transmission/ distribution lines required, if any, the bank guarantee required to be given by the applicant and other details in accordance with the detailed procedure.
(2) Immediately after grant of medium-term open access, the nodal agency shall inform the State Load Despatch Centre so that it can consider the same while processing requests for grant of short-term open access, received under the Himachal Pradesh Electricity Regulatory Commission (Terms and Conditions for Short Term Open Access) Regulations, 2010 as amended from time to time.