ANDWHEREAS. The parties shall meet as soon as possible to produce and finalize the language to amend Collective Agreement No 2;
ANDWHEREAS. The Power Producer has been permitted by the Gujarat Energy Development Agency (i.e GEDA)videletterNo. dated to set up Photovoltaic (PV) based Solar Power Generating Plant (SPG) of MW (AC) capacityatRevenueSurveyNo. Village: Taluka: and District: and injecting power at KV opting to wheel solar power for Third Party Sale within the state and commission under the operative period of TheGujarat Renewable Energy Policy – 2023.
ANDWHEREAS. Government of Gujarat has declared Gujarat Renewable Energy Policy 2023 come in to effectfromdateofnotificationi.e.4.10.2023andshallremaininoperationupto30.09.2028, where in clause no.33it is mention that the solarpowerprojects which are registered with GEDAbeforenotificationofthenewpolicy,shallhaveoptiontoavailthebenefitsofthesolar powerpolicy -2021bycommissioningregisteredsolarpowerprojectwithinsixmonthsfrom the notification of new policy or to governas per provisions of new policy. ANDWHEREAS Hon’ble GERC videorderdated11.06.2021 inPetition No.1936of 2021hasamendedthe Order No. 3of 2020 dated08.05.2020 in the matter of Tariffframeworkfor procurementof powerbydistributionlicenseesandothersfromSolarEnergyProjectsandothercommercial issues for the State of Gujarat.
ANDWHEREAS. The parties wish to provide for stability in their relationship for the next 11 years, until December 31, 2025; ANDWHEREAS: The Company’s ability to operate under multiple Air Operating Certificates (“AOC”) to reflect an amended business and operational model consistent with the evolving Capacity Purchase Agreement (“CPA”) relationship between Air Canada and the Company is a benefit to both Parties;
ANDWHEREAS. This Provisional agreement isalsogoverned xxxxx GERCOpenAccess Regulation,2011 andamendmentthereto,Intra-StateABTOrder,GERC(Forecasting,Scheduling,Deviation Settlement and Related Mattersof SolarandWind Generation Sources)Regulations,2019 and amendment thereto and other applicable GERC Regulationsand as perthe termsand conditions contained in the Application form filed by the Power Producer with GEDA and terms and condition of this agreement.
ANDWHEREAS. M/s (PowerProducer)andM/s (PowerPurchaser)havingsignedPowerPurchaseAgreement(PPA)on (date) for purchase of MW powerfromtheSolar project of the Power Producer located at .AsperthePPA,the Power Producer / Purchaser are responsible to obtain open access for wheeling of power from the Generating station of the Power Producer to the premises of Power Purchaser mentioned hereunder. Name of Power Purchaser/ Consumer Location DISCOM consumer number Contracted Demand with DISCOM Tariff Category Voltage level at drawl point ANDWHEREAS DISCOM is agreeable for wheeling of power at recipient unit of Power Purchaser in accordance with the Government of Gujarat’s Renewable Polcity – 2023, Gujarat Electricity Regulatory Commission (GERC)’s Order dated 08.05.2020 as amended vide order dated 05.08.2021and11.06.2021,GERCOpenAccessRegulations,2011andamendmentthereto, intra state ABT order and amendment thereto, GERC (Forecasting, Scheduling, Deviation Settlement and Related Matters of Solar and Wind Generation Sources) Regulations, 2019 and amendment thereto and other applicable GERC Regulations and as per the terms and conditionscontainedintheApplicationformfiledbythePowerProuderwithGEDAandasper the terms and conditions of this agreement, under option-out of following options. Option1:MSME(Manufacturing)Enterpriseconsumer. Or Option2:OtherthanMSME(Manufacturing)Enterprise.
ANDWHEREAS. After the death of Smt. Xxxxxxxxxxx Xxxx, who died intestate in the year 05.06.1997 leaving behind her 3 (three) sons namely 1. Xxxxxx Xx. Xxxxxxxxx, 2. Xxxxxx Kr. Xxxxxxxxx, 3. Sri Dilip Kr. Xxxxxxxxx, AND One daughter namely Xxxxxxx Xxxxxxx, who became the legal heirs of the plot of Bastu land measuring about 45.93 decimal i.e. 27 Cottahs 13 Chittacks 15 sq. ft. (out of which in R.S. Dag No.2496=36.56 decimal i.e. 22 Cottahs 2 Chittacks 22 sq. ft. and R.S. Dag No.2497 = 9.37 decimal i.e. 5 Cottahs 10 Chittacks, 38 sq. ft.) i.e. total area = 27 Cottahs, 13 Chittacks, 15 sq.ft. be the same a little more or less, with 2000 Sq. ft. pucca Two stoired building (1000 sq. ft. each floor) be the same a little more or less lying and situated at Mouza-Khardah, X.X. No.2, Re. Sa. No.18, Touzi No.145, 2998, 1505, in R.S. Dag No.2496 and 2497 now L.R. Dag No.2496/3873 and 3869 under L.R. Khatian No.830 (Presently L.R. Khatian Nos. 6930, 6931, 6932, 6933, 6934 & 6935) respectively under S.R. Barrackpur, within the limit of Khardah Municipality having holding Xx.000/00 xx Xxxx Xxxx xxxx, Xxxx Xx.14, P.O. – B.D. Sopan and P.S.- Khardah, District- North 24 Parganas, Kolkata – 700117, West Bengal.
ANDWHEREAS. The Power Producer has approached UGVCL that their MW Solar power project is ready for commissioning and accordingly has requested _GVCL to execute provisional wheeling agreement for wheeling of solar power from solar power project at to consumption locations of Power Purchaser as per the provisions of Gujarat Renewable Energy Policy-2023 and GERC 11.06.2021. Undertheoption: order dated 08.05.2021 as amended vide order dated Option1:-TheSolarProject registeredunderGujarat SolarPowerPolicy2021before Notification of the Gujarat Renewable Energy Policy-2023 and to avail Benefits of Gujarat Solar Power Policy -2021. “M/s the first party under the agreement, xxxxxx declares and agrees that it has voluntarily and willingly chosen to consider its RE Projectsin accordance with the provisions ofGujaratSolarPolicy-2021,aspermittedundertheclause33ofGujaratRenewableEnergy Policy – 2023. First party accepts and acknowledges that the above is subject to certain conditionsasspecifiedintheGujaratRenewableEnergyPolicy2023andtheFirstPartyshall be solely responsible for fulfilling the conditions thereunder including installation and commissioning of its RE projects within timelines stipulated under clause 33 of Gujarat RenewableEnergyPolicy–2023failingwhichitshallbegovernedbytheprovisionsofGujarat Renewable Energy Policy -2023 as applicable and it shallno raise anydispute in this regard against UGVCL before any forum/court. The first party further acknowledges and agrees to abide by applicable Hon’ble GERC regulations / orders/ decision from time to time.” Option2:-TheSolarProjectregisteredunderGujaratSolarPowerPolicy2021before Notificationof the Gujarat RenewableEnergyPolicy -2023and Benefits of Gujarat RE Policy 2023. toavail the “M/s the first party under the agreement, xxxxxx declares and agrees that it has specially and voluntarily decided to consider its RE Projects under the provisions of Gujarat RenewableEnergyPolicy-2023readwithapplicableGERCRegulations/orders/decisionin this regard. The first party acknowledges that the present agreements is on provisional arrangementbasistillissuanceofapplicableregulations/order/decisionpublishedbyGERC, Further, parties agree to abide by any Regulations/orders/decision of the Hon’ble GERC in relation to Gujarat Renewable Energy Policy 2023 and further agree to incorporate requisite modification and amendments in the agreement as per the same, if required. The first party must not dispute the applicability of the GERC order / Regul...
ANDWHEREAS. The Power Producer has approached UGVCL that their MW Solar power project is ready for commissioning and accordingly has requested _GVCL to execute provisional wheeling agreement for wheeling of solar power from solar power project at to consumption locations of Power Purchaser as per the provisions of Gujarat Renewable Energy Policy-2023 and GERC order dated 08.05.2021 as amended vide order dated 11.06.2021. Subject to, “M/s the first party under the agreement, hereby acknowledges that the present agreement has been entered into by both the parties, taking in to account the notification of new Gujarat RE policy -2023 and on provisional basis as an interim arrangement subject to change as per further regulation/order/decision of the Hon’ble GERC in relation to Gujarat Renewable Energy Policy 2023 and further agree to incorporate requisite modification and amendments in the agreement as per the same, if required. The first party must not dispute the applicability of the GERC order / Regulation and must make necessary modifications in theagreementaspertheapplicableGERCorderandRegulation.Thesettlementwillbedone accordingly.”
ANDWHEREAS the Shareholders acknowledge that (i) the Purchaser would not enter into the Arrangement Agreement but for the execution and delivery of this Agreement by the Shareholders and (ii) it is a condition of the Purchaser’s obligation under the Arrangement Agreement to consummate the Arrangement that this Agreement be in effect and not be terminated;
