Common use of Right to Contracted Capacity & Energy Clause in Contracts

Right to Contracted Capacity & Energy. 4.4.1 The WPD will be allowed to revise the CUF of the Project once within first three years after COD of the Project. The declared annual CUF shall be in no case less than 22 percent, in terms of the Guidelines. Subsequent to commissioning of the Project, SECI, in any Contract Year, except for the Contract Year ending on 31st March immediately after COD of the Project, shall not be obliged to purchase any additional energy from the WPD beyond Million kWh (MU) [Insert value of energy corresponding to CUF of 120% of the declared CUF for the Project or the modified CUF]. If for any Contract Year, except for the Contract Year ending on 31st March immediately after the COD of the Project, it is found that the WPD has not been able to supply minimum energy at CUF of ………%, i.e… Million kWh (MU) [Insert values corresponding to a CUF of 80% of the declared CUF for the project or the modified CUF] on account of reasons solely attributable to the WPD, the WPD shall be liable to pay the compensation to SECI to enable SECI to remit such compensation to the Buying Entity (ies).

Right to Contracted Capacity & Energy. 4.4.1 The WPD will be allowed to revise the CUF of the Project once within first three years after COD of the Project. The declared annual CUF shall be in no case less than 22 percent, in terms of the Guidelines. Subsequent to commissioning of the Project, SECI, in any Contract Year, except for the Contract Year ending on 31st March immediately after COD of the Project, shall not be obliged to purchase any additional energy from the WPD beyond Million kWh (MU) [Insert value of energy corresponding to CUF of 120% of the declared CUF for the Project or the modified CUF]. If for any Contract Year, except for the Contract Year ending on 31st March immediately after the COD of the Project, it is found that the WPD has not been able to supply minimum energy at CUF of ………%, i.e… i.e Million kWh (MU) [Insert values corresponding to a CUF of 80% of the declared CUF for the project or the modified CUF] on account of reasons solely attributable to the WPD, the WPD shall be liable to pay the compensation to SECI to enable SECI to remit such compensation to the Buying Entity (ies).