Common use of Tariff Structure Clause in Contracts

Tariff Structure. The tariff payable will be in Rs/kWh basis with two components - one called Variable charges linked to gas price (VCGA) and other called Variable Charge not linked to gas price (VCNG). 2.1 Variable charges not linked to gas price (VCNG): a. VCNG will not be changed during the period of the contract. b. Amount payable on account of VCNG shall be calculated based on Schedule generation in the Power exchange as per following method. 2.2 Variable Charges linked to Gas (VCGA): VCGA Energy Charges in Rs = VCGA (Rs. /kWh) * (Energy Scheduled (in kWh) in the Power Exchange in the relevant period) 2.3 Startup cost (SC): a) The nodal agency shall communicate the dispatch schedule for gas-based plants in consultation with NLDC on a three-day advance (D-3) basis where D is date of delivery in the Power Exchange. This may be subject to revision as per inputs received from NLDC from time to time. b) On the basis of schedule allocated to GBP plant, the GBP plant shall confirm the acceptance of generation of same on day ahead basis (D-1) before 06:00 hrs. c) The nodal agency shall bid the accepted quantum by GBP Plant in power exchange. d) The nodal agency would calculate the availability Factor for the day based on the block wise schedule communicated by Nodal Agency and schedule accepted by GBP plant as per following: S-Schedule communicated by Nodal Agency to GBP Plant for the particular block of the day (MWh) G- Schedule accepted by GBP Plant for the particular block of the day (MWh) Energy not scheduled for the block due to non-availability (ENSB) = S-G if S >G = 0 if S≤ G Energy not scheduled for the day due to non-availability ENSD= ∑ENSB e) No planned maintenance shall be allowed during the Contract Period under this Agreement. f) Liquidated damage (LD) for less delivered availability of GBP plant shall be calculated as below:

Appears in 1 contract

Sources: Power Purchase Agreement

Tariff Structure. The tariff payable will be in Rs/kWh basis with two components - one called Variable charges linked to gas price (VCGA) and other called Variable Charge not linked to gas price (VCNG). 2.1 Variable charges not linked to gas price (VCNG): a. VCNG will not be changed during the period of the contract. b. Amount payable on account of VCNG shall be calculated based on Schedule generation in the Power exchange as per following method. 2.2 Variable Charges linked to Gas (VCGA): VCGA Energy Charges in Rs = VCGA (Rs. /kWh) * (Energy Scheduled (in kWh) in the Power Exchange in the relevant period) In case of continuous operation during the day without start-up, no startup cost will be payable for the day and any extra payment on account of start up in TRAS shall be recovered from XX (GBP). Dispatch under TRAS or through power exchange shall be as per merit order based on quoted rates by generators. 2.3 Startup cost (SC): 2.4 Availability: a) The nodal agency shall communicate the dispatch schedule for gas-based plants in consultation with NLDC on a three-day advance (D-3) basis where D is date of delivery in the Power Exchange. This may be subject to revision as per inputs received from NLDC from time to time. b) On the basis of schedule allocated to GBP plant, the GBP plant shall confirm the acceptance of generation of same on day ahead basis (D-1) before 06:00 hrs. c) The nodal agency shall bid the accepted quantum by GBP Plant in power exchange. d) The nodal agency would calculate the availability Factor for the day based on the block wise schedule communicated by Nodal Agency and schedule accepted by GBP plant as per following: S-Schedule communicated by Nodal Agency to GBP Plant for the particular block of the day (MWh) G- Schedule accepted by GBP Plant for the particular block of the day (MWh) Energy not scheduled for the block due to non-availability (ENSB) = S-G if S >G = 0 if S≤ G Energy not scheduled for the day due to non-availability ENSD= ∑ENSB e) No planned maintenance shall be allowed during the Contract Period under this Agreement. f) Liquidated damage (LD) for less delivered availability of GBP plant shall be calculated as below:: Provided that no LD shall be applicable for first 30 Blocks in each week. The bidder shall be responsible for arranging No Objection Certificate from the concerned LDC(SLDC/RLDC) for participation in Power Exchange or TRAS. No Objection Certificate shall be made available by generator at least 3 days before the delivery date . . The Seller may be required to start/stop the plant daily during the contract period in accordance with the NLDC generation profile and cleared schedule.

Appears in 1 contract

Sources: Power Purchase Agreement