Common use of APPLICABLE TARIFF AND SHARING OF CDM BENEFITS Clause in Contracts

APPLICABLE TARIFF AND SHARING OF CDM BENEFITS. 12.1 The Developer shall be entitled to receive the Tariff of INR……. / kWh of enery supplied by it to ESCOM in accordance with the terms of this Agreement during the period between COD and the Expiry Date. 12.2 Provided further that as a consequence of delay in Commissioning of the Project beyond the Scheduled Commissioning Date, subject to Article 4, if there is a change in KERC applicable Tariff, the changed applicable Tariff for the Project shall be the lower of the following: i. Tariff at in Clause 12.1 above or ii. KERC applicable Tariff as on the Commercial Operation Date.

Appears in 3 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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APPLICABLE TARIFF AND SHARING OF CDM BENEFITS. 12.1 The Developer shall be entitled to receive the Tariff of INRRs……. / kWh of enery supplied by it to ESCOM in accordance with the terms of this Agreement during the period between COD and the Expiry Date. 12.2 Provided further that as a consequence of delay in Commissioning of the Project beyond the Scheduled Commissioning Date, subject to Article 4, if there is a change in KERC applicable Applicable Tariff, the changed applicable Applicable Tariff for the Project project shall be the lower of the following: i. Tariff at in Clause 12.1 above or ii. KERC applicable Applicable Tariff as on the Commercial Operation Date.

Appears in 1 contract

Samples: Power Purchase Agreement

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