PGVCL definition
Examples of PGVCL in a sentence
In the eventuality of backdown, subject to the submission of documentary evidences from the competent authority, the SPG shall be eligible for a minimum generation compensation, from PGVCL, restricted to the following and there shall be no other claim, directly or indirectly against PGVCL.
PGVCL shall not be obliged to purchase energy in excess of maximum CUF of 30% during any contract year.
The charges for net import of energy by the solar power plant from the grid shall be billed at HTP-III tariff by PGVCL.
For payment of Monthly Bill by PGVCL, if paid before Due Date of Payment, a Rebate shall be deducted by PGVCL at the rate of seven (7) percent in excess of the applicable SBI 1 year Marginal Cost of Funds Based Lending Rate (MCLR) per annum / any replacement thereof by SBI, on the amount paid before due date, calculated on a week or part thereof basis viz.
The amount of such penalty would ensure that the PGVCL is offset for all potential costs associated with low generation and supply of power under the PPA.
In such case unless otherwise agreed by PGVCL, PGVCL shallnot be obligated to procure power beyond the Expiry Date.
The SPG and PGVCL shall follow the forecasting and scheduling process as per the regulations in this regard by the Appropriate Commission.
All expenses including wheeling / transmission charges and losses, UI / DSM Charges applicable as per GERC / CERC Regulations, upto Delivery Point shall be paid by the SPG without any reimbursement by PGVCL.
PGVCL shall make payment of the amounts due in Indian Rupees within thirty (30) days from the date of receipt of the Tariff Invoice by the Chief Engineer (Project) PGVCL.
It shall be the responsibility of the SPG to remain updated about the applicable charges payable to _PGVCL, SLDC, GETCO, GEDA or any other authority under the respective rules, regulations, policies, framework.