Ministry of Power Sample Clauses

Ministry of Power. Government of India has issued directions to the Designated ISTS Customers (hereinafter referred to as “DIC” individually and “DICs” collectively) for authorising Nodal Agency for acting as counterparty on their behalf for the purpose of discharging its duties in terms of the Bidding Guidelines and those mentioned herein.
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Ministry of Power. Government of India has approved the Scheme for procurement of power from Gas Based Power Plants during identified crunch period (16th March-24 to 31st Oct- 24 and has designated NVVN as Nodal agency vide letter dated 26th Dec ’23 . The Nodal Agency had initiated a competitive bidding process through issue of Request for Supply (RfS)/ e-Tender Notice dtd ………………. with ………………………. portal Event Ref: No Pursuant to the said bidding process, dated (Seller) has been selected by the Nodal Agency vide Letter of Award No. …………….. dt , as the Seller for sale and supply of electricity for the Contracted Capacity (as described hereunder) at the applicable tariff in accordance with the terms of this agreement and the (Seller) has exclusively agreed to sell the power to the Nodal Agency accordingly. The Nodal Agency shall further sell this power through bilateral tie ups, bidding in Power exchange {High Price Day Ahead Market (HP-DAM)/ High Price Term Ahead Market (HP- TAM) or other segment of any of the power exchange(s)} and shortfall Tertiary Reserve Ancillary Services (TRAS) or through any other market segments as per the provisions of this agreement and RFS including amendments/corrigendum if any or instruction received from NLDC. The seller agrees to sign all necessary documents to facilitate trading of above power in power exchange through NVVN under this agreement. The seller needs to submit No Objection Certificate (NoC) from concerned LDC/SLDC/RLDC against LOA quantum for bidding in power exchange /other segment at it’s own cost. The parties hereby agree to execute this Power Purchase Agreement setting out the terms and conditions for the sale of power by seller to the Nodal Agency. The RfS and its terms and conditions including any amendment(s), corrigendum(s) shall form an integral part of this PPA. Now therefore, in consideration of the premises and mutual agreements, covenants and conditions set forth herein, it is hereby agreed by and between the Parties as follows.
Ministry of Power. (CENTRAL ELECTRICITY AUTHORITY) NOTIFICATION New Delhi, the 21st February, 2007 No. 12/X/STD(CONN)/GM/CEA. – Whereas the draft of the Central Electricity Authority (Technical Standards for Connectivity to the Grid) Regulations, 2006 were published as required by Sub- section (2) of Section 177 of the Electricity Act, 2003 (36 of 2003) read with rule 3 of the Electricity (procedure for previous Publication) Rules, 2005; Now, therefore, in exercise of power conferred by Section 7 and clause (b) of Section 73 read with Sub-Section (2) of Section 177 of Electricity Act, 2003, the Central Electricity Authority hereby makes the following Regulations for regulating the technical standards for connectivity to the grid, namely :-

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