Common use of Deemed Generation Clause in Contracts

Deemed Generation. 4.1 Deemed generation would be resorted to only when the system is generating power, but the meter is not recording generation, due to any fault (in accordance with Article 9.6); 4.1.1 Due to the reason that there is no adequate load to absorb the power generated and the excess power generated is not being able to be exported; there is no reference voltage due to the power cut/shutdown by the DISCOM. 4.1.2 If there is an equipment failure at the customer end, which may prevent the power being fed to the customer side or the commercial Operation Date of the Project has not occurred on or prior to Scheduled Completion Date due to any reason attributable to the act or omission of the customer. 4.2 Deemed Generation for any period shall be calculated using the average. For the first year, the generation of a particular month (in which the deemed generation needs to be calculated) will be used for calculating the average. For the 2nd year onwards, the generation data of the previous year for corresponding month will be referred. (“Deemed Generation”). Such Deemed Generation shall be deemed to be the Solar Power injected into the Delivery Point during the relevant period.

Appears in 2 contracts

Sources: Power Purchase Agreement (Ppa), Power Purchase Agreement (Ppa)