Availing Central Financial Assistance. 6.8.1 Subject to meeting the qualification criteria as specified in the XXXXX C Guidelines in terms of the XXXXX Scheme, the Project would be eligible for the Central Financial Assistance (“CFA”) thereunder. 6.8.2 The CFA shall be released to the SPV as per the modalities and timelines defined in the XXXXX Scheme once the same is received by MSEDCL. The SPV should note that its eligibility for any benefits, that are prescribed under the XXXXX Scheme, may be subject to the SPV meeting further criteria and compliances in terms of the XXXXX Scheme. MSEDCL may, at its sole discretion, extend support to the SPV for availing CFA. However, MSEDCL shall not be responsible, in any manner whatsoever, for the SPV not meeting the eligibility criteria at the time of release of CFA by MNRE. Further, if the SPV achieves Commercial Operation Date for at least 75% (seventy five percent) of the Contracted Capacity on or before Scheduled Commercial Operation Date, the SPV shall become eligible to receive additional incentives as specified in Article 6.4.2.
Appears in 16 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
