APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the SPD on the terms contained in this Agreement, the SPD 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 case of early part/full commencement of power supply from the project, till SCSD, the SPD 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). SECI shall provide refusal within 15 (fifteen) days from the receipt of the request for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. 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. Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI. 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. 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).
Appears in 3 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the SPD on the terms contained in this Agreement, the SPD shall be entitled to receive the Tariff of Rs Rs. / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire term of this Agreement.
9.2 In case of early part/full commencement of power supply from the project, till SCSD, the SPD 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). SECI shall provide refusal within 15 (fifteen) days from the receipt of the request for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable TariffTariff (as per Article
9.1). Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI.
9.3 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at the Applicable TariffTariff (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).
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the SPD on the terms contained in this Agreement, the The SPD shall be entitled to receive the Tariff of Rs Rs. / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire term of this Agreement, with effect from the SCD, for the power sold by the Buyer to the Buying Entity for the scheduled energy as reflected in the Energy Accounts.
9.2 In Pursuant to Article 5.1.8 in case of early part/full commencement of power supply from the project-commissioning, till SCSDSCD, the SPD 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 subject to the SECI/consent for such purchase by the Buying Entity(ies). Utility, SECI shall provide refusal within 15 may purchase the generation @ [Insert the value as per 75% (fifteenseventy-five per cent) days from the receipt of the request for Applicable Tariff]. However, in case the entire Project capacity is commissioned prior to SCD, SECI may purchase energy supplied till SCD at [Insert Applicable Tariff]/kWh. In both the cases of early part/part or full commencement commissioning of power supply from the Project, beyond which it would be considered as deemed refusal. In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power Applicable Tariff for the commissioned Project shall be purchased at [Insert Tariff]/kWh from and including the Applicable Tariff. Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECISCD.
9.3 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at @ [Insert the value as per 75% (seventy-five per cent) of the Applicable Tariff], and provided the Buying Entity consents for purchase of such excess generation. Any energy produced and flowing into the grid before SCD shall not be at the cost of SECI. SECI may agree to buy such power provided Buying Entity consents to purchase such energy. However, the SPD will not be allowed to sell energy generated prior to SCSD SCD 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 Power procured under this Agreement shall be subject to pooling / bundling as per provisions of para 2.1.1(c) of the power which was offered on day ahead basis to Guidelines and brought in the SECI-Buying Entity(ies) Utilities PSA (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(iesSchedule 4 of this Agreement).
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the SPD on the terms contained in this Agreement, the SPD shall be entitled to receive the Tariff of Rs / kWh [Insert the Tariff discovered through the bidding process conducted by SECICESC ], fixed for the entire term of this Agreement.
9.2 In case of early part/full commencement of power supply from the project, till SCSD, the SPD will be free to sell the electricity generated, to any entity other than the SECI/ Buying Entity(ies)Buyer, only after giving the first right of refusal to the SECI/Buying Entity(ies)Buyer. SECI The Buyer shall provide refusal within 15 (fifteen) days from the receipt of the request for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. In case SECI/Buying Entity Buyer agree to purchase power from a date prior to the SCSD, such power shall be purchased at the Applicable Tariff. Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECIthe Buyer.
9.3 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI the Buyer at the Applicable Tariff, and provided the Buying Entity Buyer 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 the Buyer (unless refused by SECIthe Buyer).
9.4 The SPD may also sell the power which was offered on day ahead basis to the Buying Entity(ies) Buyer (within maximum CUF) but not scheduled by the Buying Entity(ies) Buyer to any third party or power exchange without requiring NOC from the Buying Entity(ies)Buyer.
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the SPD on the terms contained in this Agreement, the The SPD shall be entitled to receive the Tariff of Rs Rs. / kWh [Insert the Tariff discovered through the bidding process conducted by SECI], fixed for the entire term of this Agreement, with effect from the SCD, for the power sold by the Buyer to the Buying Entity for the scheduled energy as reflected in the Energy Accounts.
9.2 In Pursuant to Article 5.1.8 in case of early part/full commencement of power supply from the project-commissioning, till SCSDSCD, the SPD 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 subject to the SECI/consent for such purchase by the Buying Entity(ies). Utility, SECI shall provide refusal within 15 may purchase the generation @ [Insert the value as per 75% (fifteenseventy-five per cent) days from the receipt of the request for Applicable Tariff]. However, in case the entire Project capacity is commissioned prior to SCD, SECI may purchase energy supplied till SCD at [Insert Applicable Tariff]/kWh. In both the cases of early part/part or full commencement commissioning of power supply from the Project, beyond which it would be considered as deemed refusal. In case SECI/Buying Entity agree to purchase power from a date prior to the SCSD, such power Applicable Tariff for the commissioned Project shall be purchased at [Insert Tariff]/kWh from and including the Applicable Tariff. Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECISCD.
9.3 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at @ [Insert the value as per 75% (seventy-five per cent) of the Applicable Tariff], and provided the Buying Entity consents for purchase of such excess generation. Any energy produced and flowing into the grid before SCD shall not be at the cost of SECI. SECI may agree to buy such power provided Buying Entity consents to purchase such energy. However, the SPD will not be allowed to sell energy generated prior to SCSD SCD 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).
Appears in 1 contract
Sources: Power Purchase Agreement
APPLICABLE TARIFF. 9.1 Subsequent to commencement of power supply by the SPD WPD on the terms contained in this Agreement, the SPD WPD 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 case of early part/full commencement of power supply from the project, till SCSD, the SPD WPD 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. SECI SECI/Buying Entity shall provide refusal within 15 (fifteen) days from the receipt of the request for early part/full commencement of power supply from the Project, beyond which it would be considered as deemed refusal. 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. Any energy produced and flowing into the grid before SCSD shall not be at the cost of SECI.
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. However, the SPD WPD 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 WPD 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).
Appears in 1 contract
Sources: Power Purchase Agreement