Provision for Generation Compensation. Grid unavailability at each instance Generation loss for each instance (“Generation Loss”) = (Average Generation during the same time block, in the previous eight days, as the block in which the interruption is encountered) × (period of grid unavailability for such instance expressed in hours or any part thereof) Where, Average Generation in any time block in the previous eight days (kWh) = Total generation in the time block in the previous eight days (kWh) ÷ Total hours of uninterrupted generation in the same time block in the previous eight days. For calculating the total generation compensation in a calendar month, the total generation loss shall be a summation of each instance of generation loss that occurs in such calendar month. The Generation Loss shall be compensated at an amount arrived at by multiplying the units of total generation loss in a calendar month with the Tariff. Such Generation Loss will be paid as part of the energy Bill for the successive month after receipt of State Energy Accounts (SEA) or any other relevant documents certified by MSEDCL/SLDC.
Appears in 13 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
