PPA Tariff definition
Examples of PPA Tariff in a sentence
However, in case the entire capacity is commissioned prior to SCOD, GUVNL may purchase the generation at PPA Tariff.
In case the project generates and supplies energy less than the energy corresponding to the minimum CUF (Calculation of CUF will be on yearly basis), the Power Producer will be liable to compensate GUVNL for the shortfall in availability below such contracted CUF level at 25% of the PPA Tariff.
Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year.
For repowering, the purchase of any excess energy, beyond the energy generated corresponding to a maximum CUF as mentioned by the Solar Power Developer during the signing of PPA for solar PV project, shall be charged at a rate equivalent to 75% of PPA Tariff, provided first right of refusal will vest with APDCL.
Minimum Generation Compensation = 50% of [(Average Generation per hour during the month) × (number of backdown hours during the month)] X PPA Tariff Where, Average Generation per hour during the month (kWh) = Total generation in the month (kWh) ÷ Total hours of generation in the month.
Minimum Generation Compensation = [(Average Generation per hour during the month) × (number of Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Month (kWh) = Total generation in the Month (kWh) ÷ Total hours of generation in the Month.
In case the project generates and supplies energy less than the energy corresponding to the minimum CUF, the Power Producer will be liable to pay to GUVNL penalty for the shortfall in availability below such contracted CUF level at 50% of the PPA Tariff.
However, in case the entire capacity is commissioned prior to the scheduled commissioning date, the procurer may purchase the generation at PPA Tariff.
The amount of such penalty will be calculated @ 50% of PPA Tariff for the shortfall in generation (in energy terms) during the Contract Year.
However, in case the entire capacity is commissioned prior to SCOD, PSPCL may purchase the generation at PPA Tariff.