Peak Tariff definition
Examples of Peak Tariff in a sentence
The HPD shall also be entitled to receive the Peak Tariff of Rs. / kWh [Insert the Peak Tariff discovered through the bidding process conducted by SECI], fixed for the entire term of this Agreement, for the energy supplied during the Peak Hours.
In both the cases of early part or full commissioning of the Project, the Applicable Tariff for the commissioned Project shall constitute Off-Peak Tariff @ Rs. 2.70/kWh and Peak Tariff @ Rs. [Insert Tariff]/kWh from and including the SCD.
If the Consumer has elected to receive 20 hour Controlled Supply and be charged on the basis of the relevant Off Peak Tariff Option in accordance with schedule 9, the Distributor may effect Load Shedding at any time for up to a total of 4 hours on any one day.
The off-take of power at Peak Tariff shall be limited to 50 MW for each 1-hr block during the Peak Hours, subject to the flexibility in the upper limit as per Article 5.4 (ii).
MWh for each 100 MW of project capacity), and in the event of such power being procured by the Buying Entity, the Buyer will be paid energy charges @ Off- Peak Tariff.
The HPD shall also be entitled to receive the Peak Tariff of Rs. …………../ kWh [Insert the Peak Tariff discovered through the bidding process conducted by GUVNL], fixed for the entire term of this Agreement, for the energy supplied during the Peak Hours.
In both the cases of early part or full commissioning of the Project, the Applicable Tariff for the commissioned Project shall constitute Off-Peak Tariff @ Rs. 2.29/kWh and Peak Tariff @ Rs. [Insert Tariff]/kWh from and including the SCOD, in accordance with Schedule 4.
In such case the Buying Entity will pay the tariff difference (difference between the quoted Peak Tariff and the tariff for energy sold in open market).
In case of any shortfall in supply of Power during the Peak Hours as notified by SLDC, from the mandated supply of energy (i.e. 300 MWh for 100 MW capacity), the HPD shall pay a compensation corresponding to the energy shortfall, calculated at the Peak Tariff.