Tariff Payable Sample Clauses
The 'Tariff Payable' clause defines the obligation of one party to pay specified tariffs or fees as part of the contractual arrangement. Typically, this clause outlines the amount, timing, and method of payment for tariffs, which may relate to goods, services, or utilities provided under the agreement. For example, it may require a buyer to pay government-imposed import duties or a user to pay regulated rates for energy consumption. Its core function is to clearly allocate responsibility for tariff payments, thereby preventing disputes and ensuring compliance with applicable regulations.
Tariff Payable. 5.10.1 MSEDCL shall pay for the Delivered Energy as certified through joint meter reading, for the Term of this Agreement from the Commercial Operation Date, to the Generator every month. The Tariff for the purchase of electricity by the MSEDCL from the co- generation project shall be as per …… Rs./ kwh as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties upon commissioning of a Unit / Project for delivered energy during the period of years. The tariff will be constant and there shall be no escalation during the contractual period other than due to change in law.
5.10.2 For MoD purpose, the tariff shall be bifurcated into fixed charge and variable charge in 50:50 ratio.
5.10.3 Subject to the succeeding paragraph of this Clause, the Tariff rate and the Tariff Structure for the sale of electricity to the MSEDCL is firm and the same will not be modified on any account such as exchange rate variation, additional cost on account of fuel. etc. In addition, the tariff will be modified on account of change in law, change in tax.
Tariff Payable. 5.7.1 The Tariff for the purchase of electricity by the MSEDCL from the co- generation project shall be as per …… Rs./ kwh as discovered under the Competitive Bidding (followed by e-reverse auction). The tariff will be constant and there shall be no escalation during the contractual period other than due to change in law.
5.7.2 For MoD purpose, the tariff shall be bifurcated into fixed charge and variable charge in 50:50 ratio.
5.7.3 Subject to the succeeding paragraph of this Clause, the Tariff rate and the Tariff Structure for the sale of electricity to the MSEDCL is firm and the same will not be modified on any account such as exchange rate variation, additional cost on account of fuel, etc. In addition, the tariff will be modified on account of change in law, change in tax.
Tariff Payable. 5.6.1. UPPCL shall pay for the Delivered Energy as certified through joint meter reading, for the Term of this Agreement from the Commercial Operation Date, to the Generator every month. The Tariff for the purchase of electricity by the UPPCL from the generation project shall be Rs. …… / kWh as discovered under the Competitive Bidding and as agreed by the Parties for delivered energy during the period of years. The tariff will be constant and there shall be no escalation during the contractual period other than due to change in law.
5.6.2. For MoD purpose, the tariff shall be bifurcated into fixed charge and variable charge in 50:50 ratio.
5.6.3. Subject to the succeeding paragraph of this Clause, the Tariff rate and the Tariff Structure for the sale of electricity to UPPCL is firm and the same will not be modified on any account such as exchange rate variation, additional cost on account of fuel. etc.
Tariff Payable. 5.10.1 MSEDCL shall pay for the Delivered Energy as certified through joint meter reading, for the Term of this Agreement from the Commercial Operation Date, to the Generator every month. The Tariff for the purchase of electricity by the MSEDCL from the co- generation project from the COD ( ) till signing of this PPA i.e. …………………….. shall be as Rs. …….. per unit (considering the voluntary undertaking dated ……………………..submitted by co- generator). The Tariff for the purchase of electricity by the MSEDCL from the co- generation project from the date of signing of PPA i.e. ……………………... shall be as per …… Rs./ kwh as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties upon commissioning of a Unit / Project for delivered energy during the period of years. The tariff will be constant and there shall be no escalation during the contractual period other than due to change in law.
5.10.2 For MoD purpose, the tariff shall be bifurcated into fixed charge and variable charge in 50:50 ratio.
5.10.3 Subject to the succeeding paragraph of this Clause, the Tariff rate and the Tariff Structure for the sale of electricity to the MSEDCL is firm and the same will not be modified on any account such as exchange rate variation, additional cost on account of fuel. etc. In addition, the tariff will be modified on account of change in law, change in tax.
Tariff Payable. The SPD shall be entitled to receive the Tariff of Rs per kWh based on the KERC tariff order …….. for ground mounted solar PV projects in terms of this agreement for the period between COD and the Expiry Date. Provided further that as a consequence of delay in Commissioning of the Project beyond the Scheduled Commissioning Date, subject to Article 2.5 if there is a change in KERC Applicable Tariff, the changed Applicable Tariff for the project shall be the lower of the following: Tariff at in Clause 5.1 above KERC Applicable Tariff as on the Commercial Operation Date.