Common use of Third-Party Sale Clause in Contracts

Third-Party Sale. The Commission under its Solar Power – Grid Connected, Ground Mounted and Roof top and the Metering Regulation JERC-19/2015 allows third party sale of the energy generated through the Solar Plant provided the buyer and the seller are in the same territory. However, the buyer of the power will be levied the cross subsidy for the units of power bought, if the same are applicable for the buyer for grid power supply. The rate of Cross subsidy rate will be same as applicable to the buyer of the Power even without buying Solar Power.

Appears in 2 contracts

Samples: Suggestive Power Purchase Agreement, Suggestive Power Purchase Agreement

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Third-Party Sale. (Clause at this sl. to be kept blank if not applicable) The Commission under its Solar Power – Grid Connected, Ground Mounted and Roof top and the Metering Regulation JERC-19/2015 JERC-19/2015” allows third party sale of the energy generated through the Solar Plant provided the buyer and the seller are in the same territory. However, the buyer of the power will be levied the cross subsidy for the units of power bought, if the same are applicable for the buyer for grid power supply. The rate of Cross subsidy rate will be same as applicable to the buyer of the Power even without buying Solar Power.

Appears in 2 contracts

Samples: Suggestive Power Purchase Agreement, Suggestive Power Purchase Agreement

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