Common use of Delivery and Content of Monthly Bills/Supplementary Bills Clause in Contracts

Delivery and Content of Monthly Bills/Supplementary Bills. 10.2.1 The SPD shall issue to MSPDCL hard copy of a signed Monthly Bill/Supplementary Bill for the immediately preceding Month/relevant period based on the issuance of Energy Accounts along with all relevant documents (payments made by SPD for drawal of power, payment of reactive energy charges, Metering charges or any other charges as per guidelines of SERC, if applicable. Each Monthly Bill shall include all charges as per this Agreement for the energy supplied for the relevant Month based on Energy Accounts issued by MSPDCL or any other competent authority which shall be binding on both the Parties. The Monthly Bill amount shall be the product of the energy as per Energy Accounts and the Applicable Tariff. Energy drawn from the grid will be regulated as per the regulations of respective State the Project is located in.

Appears in 3 contracts

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

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Delivery and Content of Monthly Bills/Supplementary Bills. 10.2.1 The SPD shall issue to MSPDCL hard copy of a signed Monthly BillXxxx/Supplementary Bill Xxxx for the immediately preceding Month/relevant period based on the issuance of Energy Accounts along with all relevant documents (payments made by SPD for drawal of power, payment of reactive energy charges, Metering charges or any other charges as per guidelines of SERC, if applicable. Each Monthly Bill Xxxx shall include all charges as per this Agreement for the energy supplied for the relevant Month based on Energy Accounts issued by MSPDCL or any other competent authority which shall be binding on both the Parties. The Monthly Bill Xxxx amount shall be the product of the energy as per Energy Accounts and the Applicable Tariff. Energy drawn from the grid will be regulated as per the regulations of respective State the Project is located in.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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