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

Right to Contracted Capacity & Energy. 4.3.1 PGVCL, in any Contract Year shall not be obliged to purchase any additional energy from the SPG beyond the contract capacity. If for any Contract Year except for the first year of operation, it is found that the SPG has not been able to generate and supply minimum energy of KWH (Units) (corresponding to 19% minimum CUF) for Feeder level Solar plant during the term of the agreement, on account of reasons solely attributable to the SPG, the non-compliance by SPG shall make the SPG liable to pay the compensation. PGVCL shall not be obliged to purchase energy in excess of maximum CUF of 30% during any contract year. If _PGVCL decides to purchase the excess energy beyond CUF of 30%, the payments for such excess energy shall be made at 75% of the PPA tariff. For the first year of operation, the above limits shall be considered on pro-rata basis. The lower limit will, however be relaxable by PGVCL to the extent of grid non-availability for evacuation which is beyond the control of the SPG.

Appears in 4 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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Right to Contracted Capacity & Energy. 4.3.1 PGVCL, in any Contract Year shall not be obliged to purchase any additional energy from the SPG beyond the contract capacity. If for any Contract Year except for the first year of operation, it is found that the SPG has not been able to generate and supply minimum energy of KWH (Units) (corresponding to 1917% minimum CUF) for Feeder level Solar plant during the term of the agreement, on account of reasons solely attributable to the SPG, the non-non- compliance by SPG shall make the SPG liable to pay the compensation. PGVCL shall not be obliged to purchase energy in excess of maximum CUF of 30% during any contract year. If _PGVCL decides to purchase the excess energy beyond CUF of 30%, the payments for such excess energy shall be made at 75% of the PPA tariff. For the first year of operation, the above limits shall be considered on pro-rata basis. The lower limit will, however be relaxable by PGVCL to the extent of grid non-availability for evacuation which is beyond the control of the SPG.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Right to Contracted Capacity & Energy. 4.3.1 PGVCL, in any Contract Year shall not be obliged to purchase any additional energy from the SPG beyond the contract capacity. If for any Contract Year except for the first year of operation, it is found that the SPG has not been able to generate and supply minimum energy of KWH (Units) (corresponding to 19% minimum CUF) for Feeder Feeder/substation level Solar plant during the term of the agreement, on account agreement except force majeure conditions as defined in the Article -11 of reasons solely attributable to the SPG, the PPA. The non-compliance by SPG shall make the SPG liable to pay the compensation. PGVCL shall not be obliged to purchase energy in excess of maximum CUF of 30% during any contract year. If _PGVCL decides to purchase the excess energy beyond CUF of 30%, the payments for such excess energy shall be made at 75% of the PPA tariff. For the first year of operation, the above limits shall be considered on pro-rata basis. The lower limit will, however be relaxable by PGVCL to the extent of grid non-availability for evacuation which is beyond the control attributable of the SPGPGVCL / GETCO.

Appears in 1 contract

Samples: Power Purchase Agreement

Right to Contracted Capacity & Energy. 4.3.1 PGVCLUGVCL, in any Contract Year shall not be obliged to purchase any additional energy from the SPG beyond the contract capacity. If for any Contract Year except for the first year of operation, it is found that the SPG has not been able to generate and supply minimum energy of KWH (Units) (corresponding to 1917% minimum CUF) for Feeder level Solar plant during the term of the agreement, on account of reasons solely attributable to the SPG, the non-non- compliance by SPG shall make the SPG liable to pay the compensation. PGVCL UGVCL shall not be obliged to purchase energy in excess of maximum CUF of 30% during any contract year. If _PGVCL UGVCL decides to purchase the excess energy beyond CUF of 30%, the payments for such excess energy shall be made at 75% of the PPA tariff. For the first year of operation, the above limits shall be considered on pro-rata basis. The lower limit will, however be relaxable by PGVCL UGVCL to the extent of grid non-non- availability for evacuation which is beyond the control of the SPG.

Appears in 1 contract

Samples: Power Purchase Agreement

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Right to Contracted Capacity & Energy. 4.3.1 PGVCL, in any Contract Year shall not be obliged to purchase any additional energy from the SPG beyond the contract capacity. If for any Contract Year except for the first year of operation, it is found that the SPG has not been able to generate and supply minimum energy of _KWH (Units) (corresponding to 19% minimum CUF) for Feeder level Solar plant during the term of the agreement, on account of reasons solely attributable to the SPG, the non-compliance by SPG shall make the SPG liable to pay the compensation. PGVCL shall not be obliged to purchase energy in excess of maximum CUF of 30% during any contract year. If _PGVCL decides to purchase the excess energy beyond CUF of 30%, the payments for such excess energy shall be made at 75% of the PPA tariff. For the first year of operation, the above limits shall be considered on pro-rata basis. The lower limit will, however be relaxable by PGVCL to the extent of grid non-availability for evacuation which is beyond the control of the SPG.

Appears in 1 contract

Samples: Power Purchase Agreement

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