Common use of SUPPLY OF POWER Clause in Contracts

SUPPLY OF POWER. Case ‘A’ From the Date of Synchronization of the first Unit of the Project, the Company shall deliver the electrical Energy from the Project at the Interconnection Point. The Company shall sell and the HPSEBL shall purchase at the Interconnection Point, the Net Saleable Energy i.e. the Energy received from the Project at the Interconnection Point. OR * Case ‘B’ From the Date of Synchronization of the first Unit of the Project, the Company shall deliver the electrical Energy from the Project at the Interconnection Point. The Company shall sell and the HPSEBL shall purchase at the Interconnection Point, the Net Saleable Energy i.e. the Energy received from the Project at the Interconnection Point. These provisions for sale and purchase of Energy shall be applicable for the entire term of the Agreement, as per Section 10.1, from the Synchronization Date of the first Unit of the Project. Out of the total duration, as aforesaid, for the first …….. years, or upto any other mutually extended period, from the Synchronization Date of the first Unit of the Project, the Net Saleable Energy shall be sold and purchased by the respective Parties under REC Mechanism and thereafter, for balance term of the Agreement, under the other long term arrangements for sale and purchase of Energy as per this Agreement. OR * Case ‘C’ From the Date of Synchronization of the first Unit of the Project, the Company shall deliver the electrical Energy from the Project at the Interconnection Point. The Company shall sell and the HPSEBL shall purchase at the Interconnection Point, the Net Saleable Energy i.e. the energy received from the project at the interconnection point. (*Apply whichever is relevant and delete which are not applicable.) During such periods, as may occur from time to time, as the Project is partially or totally unable to operate, the Company may draw Energy required for upkeep and maintenance of the Project from the HPSEBL's system, which shall be metered at the Interconnection Point and adjusted against the Net Saleable Energy in corresponding month's bill. In case the quantum of such drawls by the Company during a month exceeds the Net Saleable Energy for that month, the excess drawls shall be paid for by the Company at the same rate as applicable for Net Saleable Energy as per Section 6.2.

SUPPLY OF POWER. Case ‘A’ From the Date of Synchronization of the first Unit of the Project, the Company shall deliver the electrical Energy from the Project at the Interconnection Point. The Government Supply shall be delivered by the Company to the HPSEBL at the Interconnection Point free of cost. The Company shall sell and the HPSEBL shall purchase at the Interconnection Point, the Net Saleable Energy i.e. the Energy received from the Project at the Interconnection PointPoint less the Government Supply. OR * Case ‘B’ From the Date of Synchronization of the first Unit of the Project, the Company shall deliver the electrical Energy from the Project at the Interconnection Point. The Government Supply shall be delivered by the Company to the HPSEBL at the Interconnection Point free of cost. The Company shall sell and the HPSEBL shall purchase at the Interconnection Point, the Net Saleable Energy i.e. the Energy received from the Project at the Interconnection PointPoint less the Government Supply. These provisions for sale and purchase of Energy shall be applicable for the entire term of the Agreement, as per Section 10.1, from the Synchronization Date of the first Unit of the Project. Out of the total duration, as aforesaid, for the first …….. years, or upto any other mutually extended period, from the Synchronization Date of the first Unit of the Project, the Net Saleable Energy shall be sold and purchased by the respective Parties under REC Mechanism and thereafter, for balance term of the Agreement, under the other long term arrangements for sale and purchase of Energy as per this Agreement. OR * Case ‘C’ From the Date of Synchronization of the first Unit of the Project, the Company shall deliver the electrical Energy from the Project at the Interconnection Point. The Government Supply shall be delivered by the Company to the HPSEBL at the Interconnection Point free of cost. The Company shall sell and the HPSEBL shall purchase at the Interconnection Point, the Net Saleable Energy i.e. the energy Energy received from the project Project at the interconnection pointInterconnection Point less the Government Supply. *(*Note : Apply whichever is relevant and delete which are not applicable.) During such periods, as may occur from time to time, as the Project is partially or totally unable to operate, the Company may draw Energy required for upkeep startup and maintenance of the Project from the HPSEBL's system, which shall be metered at the Interconnection Point and adjusted against the Net Saleable Energy in corresponding month's billxxxx. In case the quantum of such drawls by the Company during a month exceeds the Net Saleable Energy for that month, the excess drawls shall be paid for by the Company at the same rate as applicable for Net Saleable Energy as per Section 6.2.

SUPPLY OF POWER. Case ‘A’ From the Date of Synchronization of the first Unit of the Project, the Company shall deliver the electrical Energy from the Project at the Interconnection Point. The Company shall sell and the HPSEBL shall purchase at the Interconnection Point, the Net Saleable Energy i.e. the Energy received from the Project at the Interconnection Point. OR * Case ‘B’ From the Date of Synchronization of the first Unit of the Project, the Company shall deliver the electrical Energy from the Project at the Interconnection Point. The Company shall sell and the HPSEBL shall purchase at the Interconnection Point, the Net Saleable Energy i.e. the Energy received from the Project at the Interconnection Point. These provisions for sale and purchase of Energy shall be applicable for the entire term of the Agreement, as per Section 10.1, from the Synchronization Date of the first Unit of the Project. Out of the total duration, as aforesaid, for the first …….. years, or upto any other mutually extended period, from the Synchronization Date of the first Unit of the Project, the Net Saleable Energy shall be sold and purchased by the respective Parties under REC Mechanism and thereafter, for balance term of the Agreement, under the other long term arrangements for sale and purchase of Energy as per this Agreement. OR * Case ‘C’ From the Date of Synchronization of the first Unit of the Project, the Company shall deliver the electrical Energy from the Project at the Interconnection Point. The Company shall sell and the HPSEBL shall purchase at the Interconnection Point, the Net Saleable Energy i.e. the energy received from the project at the interconnection point. *(*Note : Apply whichever is relevant and delete which are not applicable.) During such periods, as may occur from time to time, as the Project is partially or totally unable to operate, the Company may draw Energy required for upkeep and maintenance of the Project from the HPSEBL's system, which shall be metered at the Interconnection Point and adjusted against the Net Saleable Energy in corresponding month's bill. In case the quantum of such drawls by the Company during a month exceeds the Net Saleable Energy for that month, the excess drawls shall be paid for by the Company at the same rate as applicable for Net Saleable Energy as per Section 6.2.