Annual Contracted Quantity (ACQ) Sample Clauses

Annual Contracted Quantity (ACQ). The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser, shall be lakh tonnes per Year from the Seller’s mines in the coal field and/ or from international sources. For part of Year, the ACQ shall be prorated accordingly.
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Annual Contracted Quantity (ACQ). 3.1.1 The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased till the normative date of production by the Purchaser, shall be lakh tonnes per Year from the Seller’s mines and/ or through import as per Schedule I. After the Normative Date of production or the actual date of production, whichever is earlierthe ACQ shall taper to 75% of the ACQ in the first 12 months (1st year), then to 50% of the ACQ in the next 12 months (2nd year) and 25% of the ACQ in the next 12 months (3rd year) i.e the last year of the tapering linkage period, subject to the ceiling of quantities approved by ministry of coal/ coal controller’s organisation as mentioned in Annexure-A and Schedule-I. For part of Year, during the above period the ACQ shall be prorated accordingly. The ACQ shall be in the proportion of the percentage of Generation covered under long term Power Purchase Agreement(s) executed by the Purchaser with the DISCOMs either directly or through PTC(s) who has/have signed back to back long term PPA(s) with DISCOMs. Whenever, there is any change in the percentage of PPA(s), corresponding change in ACQ shall be effected through a side agreement. Such changes shall be allowed to be made only once in a year and shall be made effective only from the beginning of the next quarter. However, in no case ACQ should exceed the LOA quantity subject to ceiling of quantity entitled during the tapering period.
Annual Contracted Quantity (ACQ). The quantity of coal agreed to be supplied/received during the year as per the terms of the Agreement.
Annual Contracted Quantity (ACQ). 4.1.1 The Annual Contract Quantity of coal agreed to be supplied shall be ……. lakh tonnes per Operating Year of 12 calendar months provided that where the period of operation of the Mine is less than 12 months following the date of Actual Commissioning, the Annual Contract Quantity shall be prorated accordingly.
Annual Contracted Quantity (ACQ). The Annual Contract Quantity of coal agreed to be supplied shall be ………. lakh tones per Operating Year of 12 calendar months provided that where the period of operation of the Mine is less than 12 months following the date of Actual Commissioning, the Annual Contract Quantity shall be prorated accordingly. However, till such time the actual commissioning of the Mine takes place (i.e. 85% of the Mines capacity is achieved) the quantity of coal produced from the Mine and supplied shall be treated as annual contract quantity for the period but no compensation or incentive shall be payable or receivable during the period.
Annual Contracted Quantity (ACQ). 3.1.1 The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser, shall be lakh tonnes per Year from the Seller’s mines and/ or through import as per Schedule I. For part of Year, the ACQ shall be prorated accordingly. The ACQ shall be in the proportion of the percentage of Generation covered under long term Power Purchase Agreement(s) executed by the Purchaser with the DISCOMs . Whenever, there is any change in the percentage of PPA(s), corresponding change in ACQ shall be effected through a side agreement. Such changes shall be allowed to be made only once in a year and shall be made effective only from the beginning of the next quarter. However, in no case ACQ should exceed the LOA quantity.
Annual Contracted Quantity (ACQ). The Corporation shall supply coal as per the coal quantity allotted and made available by coal company and the consumer unit/ purchaser shall purchase the Annual Contracted Quantity of ……….. (ACQ) of ………. tonnes ( ) of Coal per annum, as fixed by Corporation subject to availability with the coal company, and lift the same from the delivery point as fixed by the Corporation. In the event of truncated year, the ACQ shall be prorated accordingly.
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Annual Contracted Quantity (ACQ). 3.1.1 The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser, shall be lakh tonnes per Year from the Seller’s mines and/ or from import., as per Schedule I. For part of Year, the ACQ shall be prorated accordingly. The ACQ shall be in the proportion of the percentage of Generation covered under long term Power Purchase Agreement(s) executed by the Purchaser with the DISCOMs either directly or through PTC(s) who has/have signed back to back long term PPA(s) with DISCOMs . Whenever, there is any change in the percentage of PPA(s), corresponding change in ACQ shall be effected through a side agreement. Such changes shall be allowed to be made only once in a year and shall be made effective only from the beginning of the next quarter. However, in no case ACQ should exceed the LOA quantity as mentioned in Schedule-I.
Annual Contracted Quantity (ACQ). 4.1.1 The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser, shall be [•] lakh tonnes (against LOA quantity of [•] Lakh Tones) per Year from the Seller’s mines and/ or from import, as per Schedule I. For part of Year, the ACQ shall be prorated accordingly. The ACQ shall be in the proportion of the percentage of Generation covered under long term Power Purchase Agreement(s) executed by the Purchaser with the DISCOMs either directly or through PTC(s) who has/ have signed back to back long term PPA(s) with DISCOMs plus an additional 10% of the quantity covered under long term PPA on account of transmission loss and auxiliary consumption within the overall ceiling of LOA quantity. To clarify, if the PPA furnished is 60% the ACQ shall be 66% of the LOA quantity, but, where the PPA furnished is 92% the ACQ shall be limited to the LOA quantity. TPPS already having 100% PPA shall have no scope for any increase beyond LOA quantity. Whenever, there is any change in the percentage of PPA(s), corresponding change in ACQ shall be effected through a side agreement. Such changes shall be allowed to be made only once in a year and shall be made effective only from the beginning of the next quarter. However, in no case ACQ should exceed the LOA quantity as mentioned in Schedule I, for which the FSA is executed.
Annual Contracted Quantity (ACQ). The Annual Contracted Quantity of Coal agreed to be supplied by the Seller and undertaken to be purchased by the Purchaser, shall be Thousand tonnes per Year in the following break-up: (i) washed prime Coking Coal = Thousand Tonnes; (ii) washed medium Coking Coal = Thousand Tonnes; and (iii) raw Coking Coal = Thousand Tonnes) for the first Year of this Agreement. The ACQ for each subsequent Year of the Term shall be decided in writing by the Seller in consultation with the Purchaser at least one Month prior to commencement of the concerned Year.
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