Common use of Generation Compensation in offtake constraints due to Grid Unavailability Clause in Contracts

Generation Compensation in offtake constraints due to Grid Unavailability. During operation, there can be some periods where the Project can generate power but due to temporary transmission unavailability, the power is not evacuated, for reasons not attributable to the RPD. In such cases, subject to the submission of documentary evidences from the competent authority, the generation compensation shall be restricted and payable by the Buying Utility(ies) as under, and there shall be no other claim, directly or indirectly against SECI: Grid unavailability beyond 175 hours in a Contract Year Generation Compensation = ((Composite Tariff x RE power (MW) offered but not scheduled by Procurer) + (Fixed Charge x Thermal power (MW) offered but not scheduled by Procurer)) X 1000 X No. of hours of grid unavailability Contract Year, as defined in Article 1) The above compensation will be paid to the RPD on an annual basis.

Generation Compensation in offtake constraints due to Grid Unavailability. During operationthe operation of the Project, there can be some periods where the Project can generate power but due to temporary transmission unavailability, the power is not evacuated, for reasons not attributable to the RPD. In such cases, subject to the submission of documentary evidences from the competent authority, the generation compensation shall be restricted and payable by the Buying Utility(ies) Utility as under, and there shall be no other claim, directly or indirectly against SECI: Grid unavailability beyond 175 hours in a Contract Year Year, as defined in SECI- RPD PPA Generation Compensation = ((Composite RE Tariff x RE power (MW) offered but not scheduled by Procurer) + (Non-RE Fixed Charge x Thermal power from other source (MW) offered but not scheduled by Procurer)) X 1000 X No. of hours of grid unavailability Contract Year, as defined in Article 1) The above compensation will be paid to the RPD on an annual basis.