Common use of Offtake constraints due to Backdown Clause in Contracts

Offtake constraints due to Backdown. The Solar Power Generator and GUVNL shall follow the forecasting and scheduling process as per the regulations in this regard by the GERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must- run” to solar power projects. Accordingly, no solar power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Backdown arises, except for the cases where the Backdown is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Power Producer shall be eligible for a Minimum Generation Compensation, from GUVNL, in the manner detailed below. Duration of Back down Provision for Generation Compensation Hours of Back down during a monthly billing cycle. Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year.

Offtake constraints due to Backdown. The Solar Power Generator Producer and GUVNL shall follow the forecasting and scheduling process as per the regulations in this regard by the GERCapplicable CERC Regulations. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must- must-run” to solar power projects. Accordingly, no solar power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Backdown arises, including non-dispatch of power due to non-compliance with “Order No. 23/22/2019-R&R dated 28.06.2019 of Ministry of Power regarding Opening and maintaining of adequate Letter of Credit (LC) as Payment Security Mechanism under Power Purchase Agreements by Distribution Licensees” and any clarifications or amendment thereto, except for the cases where the Backdown is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Power Producer shall be eligible for a Minimum Generation Compensation, from GUVNL, in the manner detailed below. Duration of Back down Provision for Generation Compensation Hours of Back down during a monthly billing cycle. Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year Month (kWh) = Total generation in the Contract Year Month (kWh) ÷ Total hours of generation in the Contract YearMonth.

Offtake constraints due to Backdown. The Solar Wind Power Generator and GUVNL shall follow the forecasting and scheduling process as per the regulations in this regard by the GERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must- must-run” to solar wind power projects. Accordingly, no solar wind power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Backdown arises, except for the cases where the Backdown is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Power Producer shall be eligible for a Minimum Generation Compensation, from GUVNL, in the manner detailed below. Duration of Back down Provision for Generation Compensation Hours of Back down during a monthly billing cycle. Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year month corresponding to the capacity backed down (kWh) = Total (CUF during the month) x Σ(Backed down capacity in MW x corresponding time of backdown in hours x 1000) The generation compensation as calculated above will be limited to the extent of shortfall in annual generation corresponding to the Contract Year (kWh) ÷ Total hours of generation in the Contract Yearmaximum CUF permitted as per clause no.

Offtake constraints due to Backdown. The Solar Power Generator Successful Bidder and GUVNL MSEDCL shall follow the forecasting and scheduling process as per the regulations in this regard by the GERCCERC/SERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must- must-run” to solar renewable power projects. Accordingly, no solar power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Backdown arises, except for the cases where the Backdown is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Power Producer Successful Bidder shall be eligible for a Minimum Generation Compensation, from GUVNLMSEDCL, in the manner detailed below. Duration of Back down Backdown Provision for Generation Compensation Hours of Back down Backdown during a monthly billing cycle. Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down backdown hours during the month)]X month)] X Back down Capacity x PPA Tariff Where, Average Generation per hour during the Contract Year month (kWh) = Total generation in the Contract Year month (kWh) ÷ Total hours of generation in the Contract Year.month

Offtake constraints due to Backdown. The Solar Wind Power Generator and GUVNL shall follow the forecasting and scheduling process as per the regulations in this regard by the GERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must- must-run” to solar wind power projects. Accordingly, no solar wind power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Backdown arises, except for the cases where the Backdown is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Power Producer shall be eligible for a Minimum Generation Compensation, from GUVNL, in the manner detailed below. Duration of Back down Provision for Generation Compensation Hours of Back down during a monthly billing cycle. Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year month corresponding to the capacity backed down (kWh) = Total (CUF during the month) x Σ(Backed down capacity in MW x corresponding time of backdown in hours x 1000) The generation compensation as calculated above will be limited to the extent of shortfall in annual generation corresponding to the Contract Year maximum CUF permitted as per clause no. 3.1 (kWhiv)(a) ÷ Total hours of generation in and the Contract Yearsame will be settled on annual basis.

Offtake constraints due to Backdown. The Solar Power Generator and GUVNL shall follow the forecasting and scheduling process as per the regulations in this regard by the GERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must- run” to solar power projects. Accordingly, no solar power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Backdown arises, except for the cases where the Backdown is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Power Producer shall be eligible for a Minimum Generation Compensation, from GUVNL, in the manner detailed below. Duration of Back down Provision for Generation Compensation Hours of Back down during a monthly billing cycle. Minimum Generation Compensation = 50% of monthly billing cycle. [(Average Generation per hour during the month) × (number of Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year.

Offtake constraints due to Backdown. The Solar Wind Power Generator and GUVNL shall follow the forecasting and scheduling process as per the regulations in this regard by the GERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must- run” to solar wind power projects. Accordingly, no solar wind power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Backdown arises, except for the cases where the Backdown is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Power Producer shall be eligible for a Minimum Generation Compensation, from GUVNL, in the manner detailed below. Duration of Back down Provision for Generation Compensation Hours of Back down during a monthly billing cycle. Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year month corresponding to the capacity backed down (kWh) = Total (CUF during the month) x Σ(Backed down capacity in MW x corresponding time of backdown in hours x 1000) The generation compensation as calculated above will be limited to the extent of shortfall in annual generation corresponding to the Contract Year maximum CUF permitted as per clause no. 3.1 (kWhiv, a) ÷ Total hours of generation in and the Contract Yearsame will be settled on annual basis.