Common use of Offtake constraints due to Backdown Clause in Contracts

Offtake constraints due to Backdown. 5.5.1. The Successful Bidder and MSEDCL shall follow the forecasting and scheduling process as per the regulations in this regard by the MERC. Instructions of backing down by a MSEDCL / State Load Dispatch Centre (SLDC) shall be treated as per the prevailing regulations of MERC as applicable. If the plants have must run status in accordance with the prevailing MERC regulations and eventuality of Back down arises, except for the cases where the Back down is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Successful Bidder shall be eligible for a Minimum Generation Compensation, from MSEDCL, 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. 5.5.1. The Successful Bidder and MSEDCL shall follow the forecasting and scheduling process as per the regulations in this regard by the MERC. Instructions of backing down by a MSEDCL / State Load Dispatch Centre (SLDC) shall be treated as per the prevailing regulations of MERC as applicable. If the plants have must run status in accordance with the prevailing MERC regulations and eventuality of Back down arises, except for the cases where the Back down is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Successful Bidder shall be eligible for a Minimum Generation Compensation, from MSEDCL, 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.