APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD on the terms contained in this Agreement, the RPD shall be entitled to receive the tariff of Rs. /kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term of this Agreement. 9.2 In cases of early commencement of power supply, till SCSD, the RPD will be free to sell the electricity generated to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies). The Buying Entity(ies)/SECI shall provide refusal within 15 (fifteen) Days from the receipt of the request, beyond which it would be considered as deemed refusal. The 15-Day period will be applicable separately for SECI and the Buying Entity(ies). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus SECI’s trading margin. 9.3 In case of multiple Project components, and in case one or more such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supply, the RPD will be allowed to commence power supply from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario: (a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent to refusal of such power by the Buying Entity(ies), the right of refusal shall vest with SECI. (b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement. (c) The above scenario will be applicable until the RPD commences supply of power to the Buying Entity(ies) under the provisions of this Agreement.
Appears in 4 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent 1.1 The Tariff applicable for the sale of Solar Power by SECI to the Buying Entity under this Agreement shall be the Tariff as applicable for payment by SECI to the SPD under the terms of the Power Purchase Agreement between SECI and the SPD (Individual SPDs tariff as per Schedule B) fixed for the entire term of agreement at delivery point and in addition thereto a trading margin of Seven (7) paisa/kWh shall be payable by the Buying Entity to SECI which SECI shall be entitled to appropriate as its income.
1.2 As per provisions of the PPA, the SPDs are permitted for full as well as part commencement of power supply by from the RPD on Project even prior to the terms contained in this AgreementSCSD. In case of early part/full commencement of power supply from the Project(s) prior to SCSD, Buying Entity may purchase the RPD power at the Applicable tariff as per the PPA, plus SECI’s Trading Margin of Rs 0.07/kWh, (Seven Paisa per kWh). However, energy procurement from the project upon early part/full commencement of power supply from the Project(s) prior to SCSD, shall be entitled subject to receive the tariff approval of Rsthe Buying Entity. /kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term of this Agreement.
9.2 In cases of Such intimation regarding consent to procure energy from early commencement of power supply, till SCSD, supply shall be provided by the RPD will be free to sell the electricity generated to any entity other than the SECI/ Buying Entity(ies), only after giving the first right Entity within 7 days of refusal to the SECI/Buying Entity(ies). The Buying Entity(ies)/SECI shall provide refusal within 15 (fifteen) Days from the receipt of the requestrequest being made by SECI, beyond which which, it would be considered as deemed refusal. The 15-Day period will be applicable separately for SECI and refusal on part of the Buying Entity(ies). Entity.
1.3 In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus SECI’s trading margin.
9.3 In case of multiple Project components, and in case one or more such component (wind or solar PV or any other RE power generating source) component is ready for injection of power into the grid, but the remaining corresponding ESS component is unable to commence power supplysupply of power, the RPD SPD will be allowed to commence supply of power supply from such component which is ready, ready outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First PPA/PSA, with first right of refusal for such power shall vest being vested with the Buying Entity(ies)Entity. Subsequent to refusal of such power by In case the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) Entity decides to buy such discrete component’s power outside the PPA/PSA, such power shall be purchased at 50% of the Applicable Tariff. In case Tariff as per Article 1.1 above, for the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurementContract Year.
(c) The above scenario will 1.4 As per provisions of PPA & IEGC regulations, SPDs are permitted for scheduling of infirm power during the trial run up to commercial operation. Upon receipt of communication from SECI/SPD regarding start of trial run, Buying Entity shall provide its consent for procurement of infirm power, failing which SPD may be applicable until the RPD commences supply issued NOC prior to sale of infirm power to the Buying Entity(ies) under the provisions any third-party prior till declaration of this AgreementCOD.
Appears in 3 contracts
Sources: Power Sale Agreement, Power Sale Agreement, Power Sale Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD SPD on the terms contained in this Agreement, the RPD SPD shall be entitled to receive the tariff Tariff of Rs. /kWh / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 In cases case of early part/full commencement of power supplysupply from the project, till SCSD, the RPD SPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying Entity does not give its acceptance, then SECI and can purchase such power directly or designate another potential buyer/entity to purchase such power at the Buying Entity(iesApplicable Tariff (as per Article 9.
1). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff (as per Article 9.1), and provided the Buying Entity consents for purchase of such excess generation. However, the SPD will not be allowed to sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).
9.4 The SPD may also sell the power which was offered on day ahead basis to the Buying Entity(ies) (within maximum CUF) but not scheduled by the Buying Entity(ies) to any third party or power exchange without requiring NOC from the Buying Entity(ies). However, in case SECI has a potential buyer to procure the aforesaid unrequisitioned power, the SPD shall schedule the power to such Buying Entity/Buyer at applicable tariff of PPA.
9.5 In case of multiple Project components, and in case one or more such component (wind or solar PV or any other RE power generating source) component is ready for injection of power into the grid, but the remaining corresponding ESS component is unable to commence power supplysupply of power, the RPD SPD will be allowed to commence power supply from such solar PV component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent to refusal of such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD SPD commences supply of power to the Buying Entity(ies) under the provisions of this Agreement.
Appears in 2 contracts
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD on the terms contained in this Agreement, the RPD shall be entitled to receive the tariff of Rs. /kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term of this Agreement.
9.2 In cases of early commencement of power supply, till SCSD, the RPD will be free to sell the electricity generated to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies). The Buying Entity(ies)/SECI shall provide refusal within 15 (fifteen) Days from the receipt of the request, beyond which it would be considered as deemed refusal. The 15-Day period will be applicable separately for SECI and the Buying Entity(ies). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus SECI’s trading marginTariff.
9.3 In case of multiple Project components, and in case one or more such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supply, the RPD will be allowed to commence power supply from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent to refusal of such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the Buying Entity(ies) under the provisions of this Agreement.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD on the terms contained in this Agreement, the RPD The SPD shall be entitled to receive the tariff Tariff of Rs. /kWh …….. / kWh [Insert the Tariff discovered through the bidding process conducted by SECISJVN], fixed for the entire Term of termof this Agreement, with effect from the SCSD/Extended SCSD/ Actual Commencement of Supply Date, for the power sold by the Buyer to the Buying Entity for the scheduled energy as reflected in the Energy Accounts.
9.2 In cases of early The SPD shall be permitted for full as well as part-commencement of power supply, till supply from the Project even prior to the SCSD, subject to availability of connectivity and General Network Access. Early commencement of power supply will be allowed solely at the RPD risk and cost of the SPD, and first right of refusal for offtake of such power will vest with the Buying Entity. In case the Buying Entity refuses to buy such power, the right of refusal shall vest with SJVN. In case Buying Entity/SJVN agrees to purchase power from such early part/full commencement of power supply prior to SCSD, such power will be purchased at the PPA tariff. In case SJVN does not agree to purchase such energy, early part/full commencement of power supply shall still be allowed and the SPD will be free to sell such energy to a third party until SCSD or the electricity generated date of commencement of procurement of power from the Project as notified by SJVN, whichever is earlier. Such intimation regarding consent to any entity other than the SECI/ procure energy from early commencement of supply shall be provided by Buying Entity(ies), only after giving the first right of refusal to the SECIEntity/Buying Entity(ies). The Buying Entity(ies)/SECI shall provide refusal SJVN within 15 (fifteen) Days from the days of receipt of the requestrequest being made by the SPD, beyond which it would be considered as deemed refusal. The 15-Day days period will be applicable separately for SECI SJVN and the Buying Entity(ies). In case SECI/Buying Entity agree Entity
9.3 Not Used
9.4 During any Contract Year the SPD shall also be obliged to purchase power from a date prior achieve the supply of energy corresponding to the SCSD, such power CUF quoted by SPD. Non-compliance of any of aforementioned provision shall be purchased at the Applicable Tariff plus SECI’s trading marginattract damages as per Article 4.
9.3 In case of multiple Project components, and in case one or more such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supply, the RPD will be allowed to commence power supply from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent to refusal of such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the Buying Entity(ies) under the provisions of this Agreement.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD SPD on the terms contained in this Agreement, the RPD SPD shall be entitled to receive the tariff Tariff of Rs. /kWh / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 In cases case of early part/full commencement of power supplysupply from the project, till SCSD, the RPD SPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying Entity does not give its acceptance, then SECI and can purchase such power directly or designate another potential buyer/entity to purchase such power at the Buying Entity(iesApplicable Tariff (as per Article 9.
1). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 In case of multiple Project componentsAny excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff (as per Article 9.1), and in case one or more provided the Buying Entity consents for purchase of such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supplyexcess generation. However, the RPD SPD will not be allowed to commence sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).
9.4 The SPD may also sell the power supply which was offered on day ahead basis to the Buying Entity(ies) (within maximum CUF) but not scheduled by the Buying Entity(ies) to any third party or power exchange without requiring NOC from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent However, in case SECI has a potential buyer to refusal of such power by procure the Buying Entity(ies)aforesaid unrequisitioned power, the right of refusal SPD shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside schedule the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the such Buying Entity(ies) under the provisions Entity/Buyer at applicable tariff of this AgreementPPA.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent 5.1 The Tariff applicable for the sale of Power by SECI to commencement the Buying Entity under this Agreement shall be the Tariff as applicable for payment by SECI to RPD under the terms of power supply the Power Purchase Agreement between SECI and the RPD (Individual RPDs tariff as per schedule B) for entire term of agreement at Delivery Point and in addition thereto a trading margin of Seven (7) paisa/kWh shall be payable by the RPD on the terms contained in this Agreement, the RPD Buying Entity to SECI which SECI shall be entitled to receive the tariff of Rs. /kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term of this Agreementappropriate as its income.
9.2 5.2 As per provisions of the PPA, the RPDs are permitted for full as well as part commissioning of the Project even prior to the SCD. In cases case of early commencement part/full commissioning of power supplythe Project(s) prior to SCD, till SCSD, the RPD will be free to sell the electricity generated to any entity other than the SECI/ Buying Entity(ies), only after giving Entity shall have the first right of refusal and Buying Entity may purchase the power at the Applicable tariff as per the PPA, plus SECI’s Trading Margin of Rs 0.07/kWh, (Seven Paisa per kWh)]. Subsequent to SCD, Buying Entity shall purchase the power at the Applicable tariff as per the PPA, plus SECI’s Trading Margin of Rs 0.07/kWh. However, energy procurement from the Project upon early part/ full commissioning of the Project shall be subject to the SECI/approval of the Buying Entity(ies)Entity. The Such intimation regarding consent to procure energy from early commissioning shall be provided by the Buying Entity(ies)/SECI shall provide refusal Entity within 15 (fifteen) Days from the days of receipt of the requestrequest being made by SECI, beyond which which, it would be considered as deemed refusal. The 15-Day period will be applicable separately for SECI and refusal on part of the Buying Entity(ies). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus SECI’s trading marginEntity.
9.3 5.3 In case of Project components being located at multiple Project componentslocations, and in case one or more such component of the Project components (wind or solar PV or any other RE power generating sourcePV) is ready for injection of power into the grid, but the remaining component is unable to commence power supplyget commissioned, the RPD will be allowed to commence power supply from for commissioning of such component which is ready, ready outside the ambit of this Agreementthe SECI-RPD PPA, and the RPD at its sole discretion, may sell such power to any third party till the operationalization of GNA. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent to refusal of Entity, and if agreed by Buying Entity, power procurement from such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall component will be purchased undertaken at 50% of the Applicable TariffTariff as per the SECI-RPD PPA. In case the same is procured through SECI, trading margin of Rs. 0.077 paise/kWh unit will be applicable on such power procurement.
(b) Subsequent to refusal of such power by the Buying Entity, the second right to refusal shall vest with SECI. In this case if SECI buys it outside the PPA then the same shall be bought at 50% of the Applicable Tariff as per PPA. Trading margin of 7 paise/unit will be applicable on such power procurement.
c) The above scenario does not qualify under the provisions of Part/Early Commissioning under the RfS, PPA and PSA. This is a special case wherein in case a project component is ready, the generation from such component is not wasted.
d) The terms “COD” and “commissioning” as per the RfS, PPA and PSA will not be applicable for such component. Commissioning/injection of power from such component will be allowed only if the same is allowed as per the applicable regulations. The above scenario will be applicable until the RPD commences supply of power is ready to commission the Buying Entity(ies) under Project as per the provisions of this Agreement“Early and/or Part Commissioning” of the Project.
Appears in 1 contract
Sources: Power Sale Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD OWPD on the terms contained in this Agreement, the RPD OWPD shall be entitled to receive the tariff Tariff of Rs. /kWh [Insert the Tariff discovered through the bidding process conducted by SECI]4.50/ kWh, fixed for the entire Term term of this Agreement.
9.2 In cases case of early part/full commencement of power supplysupply from the project, till SCSD, the RPD OWPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days’ advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period will be applicable separately for SECI and the Buying Entity(ies). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus Tariff. Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin. Further, SECI shall not be held responsible for any generation loss, in case OWPD does not timely intimate SECI about commissioning as per the timeline mentioned at Article 5.1 of this PPA.
9.3 In case of multiple Project componentsAny excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff, and in case one or more provided the Buying Entity consents for purchase of such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supplyexcess generation. However, the RPD OWPD will not be allowed to commence sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).
9.4 The OWPD may also sell the power supply from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with was offered on day ahead basis to the Buying Entity(ies). Subsequent to refusal of such power Entity (within maximum CUF) but not scheduled by the Buying Entity(ies)Entity to any third party or power exchange without requiring NOC from the Buying Entity. However, in case SECI has a potential buyer to procure the right of refusal aforesaid unrequisitioned power, OWPD shall vest with SECI.
(b) In case SECIschedule the power to such Buying Entity/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall be purchased buyer at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the Buying Entity(ies) under the provisions of this Agreement.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD HPD on the terms contained in this Agreement, the RPD HPD shall be entitled to receive the tariff Tariff of Rs. /kWh Rs / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 In cases case of early part-commencement of power supplysupply from the project, till SCSD, the RPD HPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies). The Buying Entity(ies)/SECI SECI shall provide refusal within 15 30 (fifteenthirty) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period will be applicable separately for SECI and the Buying Entity(ies). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff.
9.3 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff, and provided the Buying Entity consents for purchase of such excess generation. Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI. SECI may agree to buy such power provided Buying Entity consents to purchase such energy at Applicable Tariff plus SECI’s trading Trading margin.
9.3 In case of multiple Project components, and in case one or more such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supply. However, the RPD HPD will not be allowed to commence power supply from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (a) First right of refusal for such power shall vest with the Buying Entity(iesunless refused by SECI). Subsequent to refusal of such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s 9.4 The HPD may also sell the power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable which was offered on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power day ahead basis to the Buying Entity(ies) under (within maximum CUF) but not scheduled by the provisions of this AgreementBuying Entity(ies) to any third party or power exchange without requiring NOC from the Buying Entity(ies).
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD on the terms contained in this Agreement, the RPD The BESSD shall be entitled to receive the tariff Tariff of Rs. /kWh INR /MW/Month [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement, with effect from the SCD, the Contracted Capacity made available to the Buying Entity during BESPA Period, as per the provision of this agreement.
9.2 GST levied on the energy storage facility provided by the BESSD, if any, shall be passed through to the Buying Entity.
9.3 In cases case of early part/full commencement of power supplysupply from the project, till SCSDSCD, the RPD BESSD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying entity does not give its acceptance, then SECI and the Buying Entity(ies)can purchase such power directly or designate another potential buyer/entity to purchase such power. In case SECI/Buying Entity agree to purchase power from a date prior to the SCSDSCD, such power shall be purchased at the Applicable Tariff plus SECI’s trading margin(as per Article 9.
9.3 In case of multiple Project components, 1). Any energy produced and in case one or more such component (wind or solar PV or any other RE power generating source) is ready for injection of power flowing into the grid, but grid before SCD shall not be at the remaining component is unable to commence power supply, the RPD will be allowed to commence power supply from such component which is ready, outside the ambit cost of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent to refusal of such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the Buying Entity(ies) under the provisions of this Agreement.
Appears in 1 contract
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD SPD on the terms contained in this Agreement, the RPD SPD shall be entitled to receive the tariff Tariff of Rs. /kWh Rs / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 In cases case of early part/full commencement of power supplysupply from the project, till SCSD, the RPD SPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying Entity does not give its acceptance, then SECI and can purchase such power directly or designate another potential buyer/entity to purchase such power at the Buying Entity(iesApplicable Tariff (as per Article 9.
1). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 In case of multiple Project componentsAny excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff (as per Article 9.1), and in case one or more provided the Buying Entity consents for purchase of such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supplyexcess generation. However, the RPD SPD will not be allowed to commence sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).
9.4 The SPD may also sell the power supply which was offered on day ahead basis to the Buying Entity(ies) (within maximum CUF) but not scheduled by the Buying Entity(ies) to any third party or power exchange without requiring NOC from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent However, in case SECI has a potential buyer to refusal of such power by procure the Buying Entity(ies)aforesaid unrequisitioned power, the right of refusal SPD shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside schedule the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the such Buying Entity(ies) under the provisions Entity/Buyer at applicable tariff of this AgreementPPA.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD HPD on the terms contained in this Agreement, the RPD HPD shall be entitled to receive the tariff Tariff of Rs. /kWh / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 In cases case of early part-commencement of power supplysupply from the project, till SCSD, the RPD HPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and the Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying entity does not give its acceptance, then SECI and the Buying Entity(ies)can purchase such power directly or designate another potential buyer/entity to purchase such power. In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 In case of multiple Project componentsAny excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff (as per Article 9.1), and in case one or more provided the Buying Entity consents for purchase of such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supplyexcess generation. However, the RPD HPD will not be allowed to commence sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).
9.4 The HPD may also sell the power supply which was offered on day ahead basis to the Buying Entity(ies) (within maximum CUF) but not scheduled by the Buying Entity(ies) to any third party or power exchange without requiring NOC from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent However, in case SECI has a potential buyer to refusal of such power by procure the Buying Entity(ies)aforesaid unrequisitioned power, the right of refusal HPD shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside schedule the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the such Buying Entity(ies) under the provisions Entity/Buyer at applicable tariff of this AgreementPPA.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD SPD on the terms contained in this Agreement, the RPD SPD shall be entitled to receive the tariff Tariff of Rs. /kWh / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 In cases case of early part/full commencement of power supplysupply from the project, till SCSD, the RPD SPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying entity does not give its acceptance, then SECI and the Buying Entity(ies)can purchase such power directly or designate another potential buyer/entity to purchase such power. In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 In case of multiple Project componentsAny excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff (as per Article 9.1), and in case one or more provided the Buying Entity consents for purchase of such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supplyexcess generation. However, the RPD SPD will not be allowed to commence sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).
9.4 The SPD may also sell the power supply which was offered on day ahead basis to the Buying Entity(ies) (within maximum CUF) but not scheduled by the Buying Entity(ies) to any third party or power exchange without requiring NOC from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent However, in case SECI has a potential buyer to refusal of such power by procure the Buying Entity(ies)aforesaid unrequisitioned power, the right of refusal SPD shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside schedule the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the such Buying Entity(ies) under the provisions Entity/Buyer at applicable tariff of this AgreementPPA.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD WPD on the terms contained in this Agreement, the RPD WPD shall be entitled to receive the tariff Tariff of Rs. /kWh Rs / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 In cases case of early part/full commencement of power supplysupply from the project, till SCSD, the RPD WPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying entity does not give its acceptance, then SECI and the Buying Entity(ies)can purchase such power directly or designate another potential buyer/entity to purchase such power. In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 In case of multiple Project componentsAny excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff (as per Article 9.1), and in case one or more provided the Buying Entity consents for purchase of such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supplyexcess generation. However, the RPD WPD will not be allowed to commence sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).
9.4 The WPD may also sell the power supply which was offered on day ahead basis to the Buying Entity(ies) (within maximum CUF) but not scheduled by the Buying Entity(ies) to any third party or power exchange without requiring NOC from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent However, in case SECI has a potential buyer to refusal of such power by procure the Buying Entity(ies)aforesaid unrequisitioned power, the right of refusal WPD shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside schedule the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the such Buying Entity(ies) under the provisions Entity/Buyer at applicable tariff of this AgreementPPA.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD HPD on the terms contained in this Agreement, the RPD HPD shall be entitled to receive the tariff Tariff of Rs. /kWh Rs / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 In cases case of early part-commencement of power supplysupply from the project, till SCSD, the RPD HPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies). The Buying Entity(ies)/SECI SECI shall provide refusal within 15 30 (fifteenthirty) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period will be applicable separately for SECI and the Buying Entity(ies). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus Tariff. Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 In case of multiple Project componentsAny excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff, and in case one or more provided the Buying Entity consents for purchase of such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supplyexcess generation. However, the RPD HPD will not be allowed to commence power supply from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (a) First right of refusal for such power shall vest with the Buying Entity(iesunless refused by SECI). Subsequent to refusal of such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s 9.4 The HPD may also sell the power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable which was offered on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power day ahead basis to the Buying Entity(ies) under (within maximum CUF) but not scheduled by the provisions of this AgreementBuying Entity(ies) to any third party or power exchange without requiring NOC from the Buying Entity(ies).
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD on the terms contained in this Agreement, the RPD shall be entitled to receive the tariff of Rs. /kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term of this Agreement.
9.2 In cases case of early part/full commencement of power supplysupply from the Project, till SCSD, the RPD will be free to sell the electricity generated to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies) by giving 15 days advance notice to both SECI and Buying Entity(ies). The Buying Entity(ies)/SECI shall provide refusal within 15 (fifteen) Days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying Entity does not give its acceptance, then SECI and can purchase such power directly or designate another potential buyer/entity to purchase such power at the Buying Entity(iesApplicable Tariff (as per Article 9.
1). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 RPD will not be allowed to sell energy generated prior to SCSD to any other entity other than SECI (unless refused by SECI).
9.4 The RPD may also sell the power which was offered on day ahead basis to the Buying Entity(ies) but not scheduled by the Buying Entity(ies) to any third party or power exchange without requiring NOC from the Buying Entity(ies). However, in case SECI has a potential buyer to procure the aforesaid unrequisitioned power, the RPD shall schedule the power to such Buying Entity/Buyer at applicable tariff of PPA.
9.5 In case of multiple Project components, and in case one or more such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supply, the RPD will be allowed to commence power supply from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent to refusal of such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the Buying Entity(ies) under the provisions of this Agreement.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD SPD on the terms contained in this Agreement, the RPD SPD shall be entitled to receive the tariff Tariff of Rs. /kWh Rs / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 In cases case of early part/full commencement of power supplysupply from the project, till SCSD, the RPD SPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying Entity does not give its acceptance, then SECI and can purchase such power directly or designate another potential buyer/entity to purchase such power at the Buying Entity(iesApplicable Tariff (as per Article 9.
1). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff (as per Article 9.1), and provided the Buying Entity consents for purchase of such excess generation. However, the SPD will not be allowed to sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).
9.4 The SPD may also sell the power which was offered on day ahead basis to the Buying Entity(ies) (within maximum CUF) but not scheduled by the Buying Entity(ies) to any third party or power exchange without requiring NOC from the Buying Entity(ies). However, in case SECI has a potential buyer to procure the aforesaid unrequisitioned power, the SPD shall schedule the power to such Buying Entity/Buyer at applicable tariff of PPA.
9.5 In case of multiple Project components, and in case one or more such component (wind or solar PV or any other RE power generating source) component is ready for injection of power into the grid, but the remaining corresponding ESS component is unable to commence power supplysupply of power, the RPD SPD will be allowed to commence power supply from such solar PV component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent to refusal of such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD SPD commences supply of power to the Buying Entity(ies) under the provisions of this Agreement.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the RPD on the terms contained in this Agreement, the RPD The BESSD shall be entitled to receive the tariff Tariff of Rs. /kWh INR /MW/Month [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement, with effect from the SCD, the Contracted Capacity made available to KSEBL, the Buying Entity during BESPA Period, as per the provision of this agreement.
9.2 GST/taxes levied on the energy storage facility provided by the BESSD, if any, shall be passed on through to the Buying Entity.
9.3 In cases case of early commencement part/full commissioning of power supplythe project, till SCSDSCD, the RPD BESSD will be free to sell the electricity generated generated/ battery capacity, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commissioning of the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to battery capacity, the Buying Entity will be applicable separately for accorded priority in availing such battery capacity. In case the designated Buying Entity does not give its acceptance, then SECI and the Buying Entity(ies)can use such battery capacity directly or designate another potential buyer/entity to use such battery capacity. In case SECI/Buying Entity agree to purchase power use the battery capacity from a date prior to the SCSDSCD, such power capacity shall be purchased at the Applicable Tariff plus SECI’s trading margin(as per Article 9.
9.3 In case of multiple Project components, and in case one or more such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supply, the RPD will be allowed to commence power supply from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies1). Subsequent to refusal Any energy generated/ battery capacity used before SCD shall not be at the cost of such power by the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the Buying Entity(ies) under the provisions of this Agreement.
Appears in 1 contract
APPLICABLE TARIFF. 9.1 Subsequent 1.1 The Tariff applicable for the sale of power by SECI to the Buying Entity under this Agreement shall be the Tariff as applicable for payment by SECI to the RPD under the terms of the Power Purchase Agreement between SECI and the RPD (Individual RPDs tariff as per Schedule B) fixed for the entire term of agreement at Delivery Point and in addition thereto a trading margin of Seven (7) paisa/kWh shall be payable by the Buying Entity to SECI which SECI shall be entitled to appropriate as its income.
1.2 As per provisions of the PPA, the RPDs are permitted for full as well as part commencement of power supply by from the RPD on Project even prior to the terms contained in this AgreementSCSD. In case of early part/full commencement of power supply from the Project(s) prior to SCSD, Buying Entity may purchase the RPD power at the Applicable tariff as per the PPA, plus SECI’s Trading Margin of Rs 0.07/kWh, (Seven Paisa per kWh). However, energy procurement from the Project upon early part/full commencement of power supply from the Project(s) prior to SCSD, shall be entitled subject to receive the tariff approval of Rsthe Buying Entity. /kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term of this Agreement.
9.2 In cases of Such intimation regarding consent to procure energy from early commencement of power supply, till SCSD, supply shall be provided by the RPD will be free to sell the electricity generated to any entity other than the SECI/ Buying Entity(ies), only after giving the first right Entity within 7 days of refusal to the SECI/Buying Entity(ies). The Buying Entity(ies)/SECI shall provide refusal within 15 (fifteen) Days from the receipt of the requestrequest being made by SECI, beyond which which, it would be considered as deemed refusal. The 15-Day period will be applicable separately for SECI and refusal on part of the Buying Entity(ies). In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus SECI’s trading marginEntity.
9.3 1.3 In case of multiple Project components, project components and in case if one or more such component (wind wind, solar or solar PV or any other RE power Power generating sourcesystem) is ready for injection of power into the grid, but the remaining component is unable to commence power supplysupply of power, the RPD will be allowed to commence supply of power supply from such component which is ready, ready outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First PPA/PSA, with first right of refusal for such power shall vest being vested with the Buying Entity(ies)Entity. Subsequent to refusal of such power by In case the Buying Entity(ies), the right of refusal shall vest with SECI.
(b) In case SECI/Buying Entity(ies) Entity decides to buy such discrete component’s power outside the PPA/PSA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurementTariff as per Article 1.1 above.
(c) The above scenario will 1.4 As per provisions of PPA & IEGC regulations, RPDs are permitted for scheduling of infirm power during the trial run up to commercial operation. Upon receipt of communication from SECI/RPD regarding start of trial run, Buying Entity shall provide its consent for procurement of infirm power, failing which RPD may be applicable until the RPD commences supply issued NOC prior to sale of infirm power to the Buying Entity(ies) under the provisions any third-party till declaration of this AgreementCOD.
Appears in 1 contract
Sources: Power Sale Agreement
APPLICABLE TARIFF. 9.1 9.1. Subsequent to commencement of power supply by the RPD WPD on the terms contained in this Agreement, the RPD WPD shall be entitled to receive the tariff Tariff of Rs. /kWh / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire Term term of this Agreement.
9.2 9.2. In cases case of early part/full commencement of power supplysupply from the project, till SCSD, the RPD WPD will be free to sell the electricity generated generated, to any entity other than the SECI/ Buying Entity(ies), only after giving the first right of refusal to the SECI/Buying Entity(ies)) by giving 15 days advance notice to both SECI and Buying Entity. The SECI/Buying Entity(ies)/SECI Entity shall provide refusal within 15 (fifteen) Days days from the receipt of the requestrequest for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. The 15-Day period Provided that in case both the Buying Entity and SECI give their acceptance to purchase of power, the Buying Entity will be applicable separately for accorded priority in availing such power. In case the designated Buying entity does not give its acceptance, then SECI and the Buying Entity(ies)can purchase such power directly or designate another potential buyer/entity to purchase such power. In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff plus (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI’s trading margin.
9.3 In case of multiple Project components9.3. Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable Tariff (as per Article 9.1), and in case one or more provided the Buying Entity consents for purchase of such component (wind or solar PV or any other RE power generating source) is ready for injection of power into the grid, but the remaining component is unable to commence power supplyexcess generation. However, the RPD WPD will not be allowed to commence sell energy generated prior to SCSD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).
9.4. The WPD may also sell the power supply which was offered on day ahead basis to the Buying Entity(ies) (within maximum CUF) but not scheduled by the Buying Entity(ies) to any third party or power exchange without requiring NOC from such component which is ready, outside the ambit of this Agreement. Following should be noted under this scenario:
(a) First right of refusal for such power shall vest with the Buying Entity(ies). Subsequent However, in case SECI has a potential buyer to refusal of such power by procure the Buying Entity(ies)aforesaid unrequisitioned power, the right of refusal WPD shall vest with SECI.
(b) In case SECI/Buying Entity(ies) decides to buy such discrete component’s power outside schedule the PPA, such power shall be purchased at 50% of the Applicable Tariff. In case the same is procured through SECI, trading margin of Rs. 0.07/kWh will be applicable on such power procurement.
(c) The above scenario will be applicable until the RPD commences supply of power to the such Buying Entity(ies) under the provisions Entity/Buyer at applicable tariff of this AgreementPPA.
Appears in 1 contract
Sources: Power Purchase Agreement