Common use of Tariff Payable Clause in Contracts

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.

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement