Common use of APPLICABLE TARIFF Clause in Contracts

APPLICABLE TARIFF. 9.1 The SPD shall be entitled to receive the Tariff of Rs. 5.45/ kWh fixed for the entire term of this Agreement, with effect from the Scheduled Date of Commissioning. In case the SPD is claiming Accelerated Rate of Depreciation as per the Income Tax Xxx 0000 for the Project, the applicable tariff shall be reduced to Rs.4.75/kWh.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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APPLICABLE TARIFF. 9.1 The SPD shall be entitled to receive the Tariff of Rs. 5.45/ kWh fixed for the entire term of this Agreement, with effect from the Scheduled Date of Commissioning. In case the SPD is claiming Accelerated Rate of Depreciation as per the Income Tax Xxx 0000 Act 1961 for the Project, the applicable tariff shall be reduced to Rs.4.75/kWh.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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APPLICABLE TARIFF. 9.1 The SPD shall be entitled to receive the Tariff of Rs. 5.45/ kWh fixed for the entire term of this AgreementAgreement (i.e. twenty five (25) years from the Commercial Operation Date of the Project) , with effect from the Scheduled Date of Commissioning. In case the SPD is claiming Accelerated Rate of Depreciation as per the Income Tax Xxx 0000 for the Project, the applicable tariff shall be reduced to Rs.4.75/kWh.

Appears in 1 contract

Samples: Power Purchase Agreement

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