Common use of DC Oversizing Clause in Contracts

DC Oversizing. 7.3.1 Any DC oversizing of the Project shall be the commercial decision of the SPV to optimize the power output from the Project. Notwithstanding the above, the SPV shall not be permitted to add any DC Capacity in any Unit after the Commercial Operation Date for such Unit has been achieved. Any addition of such DC Capacity shall be at sole risk and cost of the SPV without any recourse to MSEDCL. 7.3.2 However, for the purpose of compensation towards Change in Law, if any, the DC installed capacity shall be considered as the lower of the actual installed DC Capacity or the following formula: DC Capacity for Change in Law = AC Contracted Capacity x (declared CUF / minimum CUF stipulated in RfS)

Appears in 17 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

DC Oversizing. 7.3.1 Any DC oversizing of the Project shall be the a commercial decision of the SPV to optimize the power output from the Project. Notwithstanding the above, the SPV shall not be permitted to add any DC Capacity capacity in any Unit after the Commercial Operation Date COD for such Unit has been achieved. Any addition of such DC Capacity capacity shall be at sole risk and cost of the SPV without any recourse to MSEDCL. 7.3.2 However, for the purpose of compensation towards Change in Law, if any, the DC installed capacity shall be considered as the lower of the actual installed DC Capacity capacity or the following formula: DC Capacity capacity for Change in Law = AC Contracted Capacity x (declared Declared CUF / minimum CUF stipulated in RfS)

Appears in 1 contract

Sources: Power Purchase Agreement