Common use of APPLICABLE TARIFF Clause in Contracts

APPLICABLE TARIFF. 9.1 The WPD shall be entitled to receive the Tariff of Rs / kWh [Insert the ▇▇▇▇▇▇ 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. In case of early part-commissioning, till SCD, subject to the consent for such purchase by the Buying Utility, SECI may purchase the generation at the PPA tariff. In both the cases of early part or full commissioning of the Project, the Applicable Tariff for the commissioned Project shall be [Insert Tariff]/kWh from and including the SCD. 9.2 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at a tariff of 75% of the tariff as per Article 9.1, 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. While calculating the above value of 75% of the PPA tariff, the digits after 2 decimal places will be ignored. For eg., in case the value of 75% of the PPA tariff is calculated as 2.4567/kWh, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWh. However, the WPD will not be allowed to sell energy generated prior to SCD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement

APPLICABLE TARIFF. 9.1 The WPD 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. In case of early part-commissioning, till SCD, subject to the consent for such purchase by the Buying Utility, SECI may purchase the generation at the PPA tariff. In both the cases of early part or full commissioning of the Project, the Applicable Tariff for the commissioned Project shall be [Insert Tariff]/kWh from and including the SCD. 9.2 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at a tariff of 75% of the tariff as per Article 9.1, 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. While calculating the above value of 75% of the PPA tariff, the digits after 2 decimal places will be ignored. For eg., in case the value of 75% of the PPA tariff is calculated as 2.4567/kWh, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWh. However, the WPD will not be allowed to sell energy generated prior to SCD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement

APPLICABLE TARIFF. 9.1 The WPD SPD shall be entitled to receive the Tariff of Rs Rs. / kWh [Insert the ▇▇▇▇▇▇ Tariff discovered through the bidding process conducted by SECIMAHAGENCO], 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. In case of early part-commissioning, till SCD, subject to the consent for such purchase by the Buying Utility, SECI MAHAGENCO may purchase the generation at @ 75% (seventy-five per cent) of the PPA tariff. However, in case the entire Project capacity is commissioned prior to SCD, MAHAGENCO may purchase energy supplied till SCD at [Insert Tariff]/kWh. In both the cases of early part or full commissioning of the Project, the Applicable Tariff for the commissioned Project shall be [Insert Tariff]/kWh from and including the SCD. 9.2 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI MAHAGENCO at a tariff of 75% of the tariff as per Article 9.1, 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 SECIMAHAGENCO. SECI MAHAGENCO may agree to buy such power provided Buying Entity consents to purchase such energy. While calculating the above value of 75% of the PPA tariff, the digits after 2 decimal places will be ignored. For eg., in case the value of 75% of the PPA tariff is calculated as 2.4567/kWh, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWh. However, the WPD SPD will not be allowed to sell energy generated prior to SCD or excess energy during any Contract Year to any other entity other than SECI MAHAGENCO (unless refused by SECIMAHAGENCO).

Appears in 1 contract

Sources: Power Purchase Agreement

APPLICABLE TARIFF. 9.1 The 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, 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. In case of early part-commissioning, till SCD, subject to the consent for such purchase by the Buying Utility, SECI may purchase the generation at the PPA tariff. In both the cases of early part or full commissioning of the Project, the Applicable Tariff for the commissioned Project shall be [Insert Tariff]/kWh from and including the SCD. 9.2 Any excess generation over and above energy specified in Article 4.4.1, will be purchased by SECI at a tariff of 75% of the tariff as per Article 9.1, 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. While calculating the above value of 75% of the PPA tariff, the digits after 2 decimal places will be ignored. For eg., in case the value of 75% of the PPA tariff is calculated as 2.4567/kWh, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWh. However, the WPD will not be allowed to sell energy generated prior to SCD or excess energy during any Contract Year to any other entity other than SECI (unless refused by SECI).

Appears in 1 contract

Sources: Power Purchase Agreement