Common use of Annual O&M Charges Clause in Contracts

Annual O&M Charges. Annual O&M charges of Rs. ------------- (Rupees ------------------------only) calculated at the rate of Rs. 1.5 lakhs/MW (Rupees One lakh fifty thousand only) per MW per annum in the first year which is escalated annually at the rate of 6% shall be payable by SPD on or before 30th April at the beginning of each financial year during the agreement period. First year annual O&M charges shall be payable by SPD on prorata basis within 30 days from the COD. GST and all other taxes, duties, cess and other Government levies applicable on such transaction shall be reimbursed to the SPPD by the SPD within 7 days from the date of issue of xxxx by SPPD.

Annual O&M Charges. Annual O&M charges of Rs. ------------- --------- (Rupees ------------------------only---------------Only) calculated at the rate of Rs. 1.5 lakhs/MW 2.65 Lakhs (Rupees One lakh fifty thousand Two Lakhs Sixty Five Thousand only) per MW per annum in the first year which is escalated annually at the rate of 65% shall be payable by SPD on or before 30th April (Due Date) at the beginning of each financial year during the agreement period. First year annual O&M charges shall be payable by SPD on prorata pro-rata basis within 30 days from the COD. GST Service tax and all other taxes, duties, cess and other Government levies applicable on such transaction shall be reimbursed to the SPPD by the SPD within 7 days from the date of issue of xxxx bill by SPPD.

Annual O&M Charges. Annual O&M charges of Rs. ------------- --------- (Rupees ------------------------only---------------Only) calculated at the rate of Rs. 1.5 lakhs/MW -------Lakhs (Rupees One lakh fifty thousand ---------- only) per MW per annum in the first year which is escalated annually at the rate of 64% shall be payable by SPD on or before 30th April (Due Date) at the beginning of each financial year during the agreement period. First year annual O&M charges shall be payable by SPD on prorata basis within 30 days from the COD. GST Service tax and all other taxes, duties, cess and other Government levies applicable on such transaction shall be reimbursed to the SPPD by the SPD within 7 days from the date of issue of xxxx bill by SPPD.

Annual O&M Charges. Annual O&M charges of Rs. ------------- --------- (Rupees ------------------------only---------------Only) calculated at the rate of Rs. 1.5 lakhs/MW 2.65 Lakhs (Rupees One lakh fifty thousand Two Lakhs Sixty Five Thousand only) per MW per annum in the first year which is escalated annually at the rate of 65% shall be payable by SPD on or before 30th April (Due Date) at the beginning of each financial year during the agreement period. .First year annual O&M charges shall be payable by SPD on prorata basis within 30 days from the COD. GST COD.Service tax and all other taxes, duties, cess and other Government levies applicable on such transaction shall be reimbursed to the SPPD by the SPD within 7 days from the date of issue of xxxx bill by SPPD.

Annual O&M Charges. Annual O&M charges of Rs. ------------- --------- (Rupees ------------------------only---------------Only) calculated at the rate of Rs. 1.5 lakhs/MW 2.65 Lakhs (Rupees One lakh fifty thousand Two Lakhs Sixty Five Thousand only) per MW per annum in the first year which is escalated annually at the rate of 65% shall be payable by SPD on or before 30th April (Due Date) at the beginning of each financial year during the agreement period. First year annual O&M charges shall be payable by SPD on prorata pro-rata basis within 30 days from the COD. GST and all other taxes, duties, cess and other Government levies applicable on such transaction shall be reimbursed to the SPPD by the SPD within 7 days from the date of issue of xxxx bill by SPPD.SPPD.5

Annual O&M Charges. Annual O&M charges of Rs. ------------- ------------ (Rupees ------------------------only-------------- Only) calculated at the rate of Rs. 1.5 lakhs/MW 3.2 Lakhs (Rupees One lakh fifty thousand onlyThree Lakhs and Twenty Thousand Only) per MW per annum in the first year which is escalated annually at the rate of 6% along with GST shall be payable by SPD on or before 30th April at the beginning of each financial year during the agreement period. First year annual O&M charges shall be payable by SPD on prorata basis from the date of part or project commissioning within 30 days from the CODsuch date. GST and all All other taxes, duties, cess and other Government levies applicable on such transaction shall be reimbursed to the SPPD by the SPD within 7 within15 days from the date of issue of xxxx by SPPD.