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

Right to Contracted Capacity & Energy. 4.4.1. NTPC, at any time during a Contract Year, shall not be obliged to purchase any additional energy from the SPD beyond ………Million kWh (MU) [Insert value of energy generated corresponding to a CUF of 21% (i.e., 19% +2%) for Solar-PV Projects. Provided that in case of Solar Projects using advance technologies, the value of CUF shall be average CUF committed by the SPD at the point of signing the PPA]. If for any Contract Year, it is found that the SPD has not been able to generate minimum energy of ……… Million kWh (MU) [corresponding to a CUF of 14% (i.e., 19% - 5%) and further provided that in case of solar Projects using advanced technologies, the value of CUF shall be 5% below the average CUF committed by the SPD at the point of signing the PPA], on account of reasons solely attributable to the SPD, the non-compliance by SPD shall make SPD liable to pay the compensation provided in the PSA as payable to Discoms and shall duly pay such compensation to NTPC to enable NTPC to remit the amount to Discoms. This compensation shall be applied to the amount of shortfall in generation during the Contract Year. The amount of compensation shall be computed at the rate equal to the compensation payable by the Discoms towards non-meeting of RPOs, subject to a minimum of 25% of the applicable tariff.

Right to Contracted Capacity & Energy. 4.4.1. NTPC, at any time during a Contract Year, shall not be obliged to purchase any additional energy from the SPD beyond ………Million kWh (MU) [Insert value of energy generated corresponding to a CUF of 21% (i.e., 19% +2%) for Solar-Solar- PV Projects. Provided that in case of Solar Projects using advance technologies, the value of CUF shall be average CUF committed by the SPD at the point of signing the PPA]. If for any Contract Year, it is found that the SPD has not been able to generate minimum energy of ……… Million kWh (MU) [corresponding to a CUF of 14% (i.e., 19% - 5%) and further provided that in case of solar Projects using advanced technologies, the value of CUF shall be 5% below the average CUF committed by the SPD at the point of signing the PPA], on account of reasons solely attributable to the SPD, the non-compliance by SPD shall make SPD liable to pay the compensation provided in the PSA as payable to Discoms and shall duly pay such compensation to NTPC to enable NTPC to remit the amount to Discoms. This compensation shall be applied to the amount of shortfall in generation during the Contract Year. The amount of compensation shall be computed at the rate equal to the compensation payable by the Discoms towards non-meeting of RPOs, subject to a minimum of 25% of the applicable tariff.

Right to Contracted Capacity & Energy. 4.4.1. NTPC4.4.1 Electricity Department Daman, at any time during a Contract Year, shall not be obliged to purchase any additional energy from the SPD beyond ……….. Million kWh (MU) [Insert value of energy generated corresponding to a CUF of 21% for solar PV (i.e., 19% +2%Second Batch projects) for Solar-PV Projects. Provided that in case of Solar Projects solar projects using advance advanced technologies, the value of CUF shall be the average CUF committed by the SPD at the point of signing the PPA]. If for any Contract Year, it is found that the SPD has not been able to generate minimum energy of ……… ...Million kWh (MU) [corresponding to a CUF of 1412% for solar PV (i.e., 19% - 5%Second Batch projects) and further provided that in case of solar Projects projects using advanced technologies, the value of CUF shall be 57% below the average CUF committed by the SPD at the point of signing the PPA], on account of reasons solely attributable to the SPD, the non-compliance by SPD shall make SPD liable to pay the compensation provided in the PSA as payable to Discoms and shall duly pay such compensation to NTPC NVVN to enable NTPC NVVN to remit the amount to Discoms. This compensation shall be applied to the amount of shortfall in generation during the Contract Year. The amount of compensation shall be computed at the rate equal to the compensation payable by the Discoms towards non-meeting of RPOs, subject to a minimum of 25% of the applicable tariff.