Common use of Tariff rate Clause in Contracts

Tariff rate. 8.1.1 MSEDCL shall pay a fixed rate of INR (in words Rupees ) per kWh (“Tariff”) as discovered under the competitive bidding and as agreed by the Parties upon Commissioning of a Unit / Project (as certified by SLDC/MSEDCL) for Delivered Energy / scheduled energy (as per the prevailing MERC Regulations), during the Term. All power produced by a Unit shall be purchased by MSEDCL at the Tariff from the date of Commercial Operation Date of such Unit at 100% (one hundred percent) of the Tariff, irrespective of whether the Commercial Operation Date of such Unit was prior to Scheduled Commercial Operation Date or within the permissible delay period of 2 (two) months (with payment of Liquidated Damages in terms of this PPA) from the Scheduled Commercial Operation Date.

Tariff rate. 8.1.1 MSEDCL shall pay a fixed rate of INR (in words Rupees ) tariff per kWh for each Unit operated by the SPV at the tariff rates specified in Schedule 7 (“Tariff”) as discovered under the competitive bidding and as agreed by the Parties upon Commissioning of a Unit / Project (as certified by SLDC/MSEDCL) for Delivered Energy / scheduled energy (as per the prevailing MERC Regulations), during the Term. All power produced by a Unit shall be purchased by MSEDCL at the Tariff from the date of Commercial Operation Date of such Unit at 100% (one hundred percent) of the Tariff, irrespective of whether the Commercial Operation Date of such Unit was prior to Scheduled Commercial Operation Date or within the permissible delay period of 2 (two) months (with payment of Liquidated Damages in terms of this PPA) from the Scheduled Commercial Operation Date.