PURCHASE OF DELIVERED ENERGY AND TARIFF. 2.1 Entire Delivered Energy, as mentioned in Schedule 1, at the Interconnection Point for sale to the DISCOM shall be purchased at the Tariff as provided in Clause 2.2 limited to the Contracted Capacity of the Project after the Date of Commercial Operation. Title to the Delivered Energy purchased shall pass from the Solar Power Developer to the DISCOM at the Interconnection Point. Provided the units of energy generated by the SPD prior to the COD of the Project shall be purchased by the DISCOM at the Quoted Tariff as provided in clause 2.2. 2.2 The DISCOM shall pay Tariff to the Solar Power Developer as per the tariff quoted by the Solar Power Developer in the Bid. Tariff for each Tariff Year for the entire term of the Agreement shall be the Quoted Tariff; 2.3 The Tariff payable by the DISCOM shall be inclusive of all taxes, duties and levies or any other statutory liability, as applicable from time to time. 2.4 The Solar Power Developer, at any time during the validity of this Agreement, shall not add any extra solar modules or equipment that shall alter the Contracted Capacity. 2.5 For Delivered Energy corresponding to less than or equal to 25% CUF, the applicable Tariff shall be as per Article 2.2 of this Agreement. For Delivered Energy beyond 25% CUF, the applicable Tariff shall be equal to the 50% of the Quoted Tariff specified for that Tariff Year. The calculation of CUF shall be done on an yearly basis i.e., over the Tariff Year. 2.6 The Solar Power Developer is entitled to draw the power from the DISCOM for its auxiliary consumption, subject to limit is specified in Schedule-1. The energy supplied by the DISCOM to the Solar Power Developer through a bilateral arrangement, to maintain the Auxiliaries of the power plant in situations of non-generation of power, in any billing month shall be adjusted from the delivered energy, as indicated below: Net Energy = Delivered energy by the developer at interconnection point - Energy drawl from DISCOM for auxiliaries. Provided that where there is NO Delivered Energy by the SPD at the Interconnection Point in any month, then Energy drawl from the DISCOM shall be billed at the applicable tariff of HT-1 category consumers. Provided further that the Solar plants during the plant shut down or non-generation periods shall draw the energy from the DISCOM only for the essential loads not exceeding the auxiliary consumption.
Appears in 1 contract
Sources: Power Purchase Agreement
PURCHASE OF DELIVERED ENERGY AND TARIFF. 2.1 Entire Delivered Energy, as mentioned in Schedule 1, at the Interconnection Point for sale to the DISCOM shall be purchased at the Tariff as provided in Clause 2.2 limited to the Contracted Capacity contracted capacity of the Project after the Date of Commercial Operation. Title to the Delivered Energy purchased shall pass from the Solar Power Developer to the DISCOM at the Interconnection Point. Provided the units of energy generated by the SPD prior to the COD of the Project shall be purchased by the DISCOM at the Quoted Tariff as provided in clause 2.2.
2.2 The DISCOM shall pay Tariff to the Solar Power Developer as per the tariff quoted by the Solar Power Developer in the Bid. Tariff for each Tariff Year for the entire term of the Agreement shall be the Quoted Tariff;bid.
2.3 The Tariff tariff payable by the DISCOM shall be inclusive of all taxes, duties and levies or any other statutory liability, as applicable from time to time.
2.4 The Solar Power Developersolar power developer, at any time during the validity of this Agreement, shall not add any extra solar modules or equipment that shall alter the Contracted Capacitycontracted capacity.
2.5 For Delivered Energy corresponding to less than or equal to 25% CUF, the applicable Tariff tariff shall be as per Article 2.2 of this Agreement. For Delivered Energy beyond 25% CUF, the applicable Tariff tariff shall be equal to the 50% of the Quoted Tariff specified for that Tariff Year. The calculation of CUF shall be done on an yearly basis i.e., over the Tariff Year.
2.6 The Solar Power Developer is entitled to draw the power from the DISCOM for its auxiliary consumption, subject to limit is ais specified in Schedule-1. The energy supplied by the DISCOM to the Solar Power Developer solar power developer through a bilateral arrangement, to maintain the Auxiliaries auxiliaries of the power plant in situations of non-generation of power, in any billing month shall be adjusted from the delivered energy, as indicated below: Net Energy = Delivered energy by the developer at interconnection point - Energy drawl from DISCOM for auxiliaries. Provided that where there is NO Delivered Energy by the SPD at the Interconnection Point in any month, then Energy drawl from the DISCOM shall be billed at the applicable tariff of HT-1 category consumersconsumers as notified by the TSERC for the relevant financial year. Provided further that the Solar plants during the plant shut down or non-generation periods periods, the project shall draw the energy from the DISCOM only for the essential loads not exceeding the auxiliary consumption. Auxiliary consumption allowed for the purpose of the PPA is as specified in Schedule 1 of this Agreement.
Appears in 1 contract
Sources: Power Purchase Agreement