Common use of Company’s Undertakings Clause in Contracts

Company’s Undertakings. The Company hereby covenants to and agrees with the HPSEBL to: (a) complete the execution of the Project within the scheduled time as per Section 3.1 and in accordance with the Agreement; (b) design, install and commission the Project including the Project Line upto Interconnection Point, as per Utility and the best Industry Practices and in accordance with the provisions of the Project Report, with materials and equipment that are new and of utility-grade quality, in such a manner that the useful life of Project is longer than the term of the Agreement; (c) work with and co-operate in good faith with the HPSEBL with respect to all of the HPSEBL's obligations and rights hereunder; (d) maintain the rated capacity throughout the term of the Agreement, subject to the normal derating/deterioration during the life of the Project; (e) provide such periodic reports on the progress of the development and construction of the Project as may be required by the HPSEBL; (f) operate and maintain the Project in accordance with (i) Despatch Instructions (ii) Prudent Utility Practices within the Technical Limits (iii) all applicable Laws, rules, regulations, permits and licences and (iv) recommendations of manufacturers of the principal equipment of the Project; (g) enter into a separate agreement for the implementation of Interconnection Facilities, within the timelines given in Section 3.3; (h) buy and keep alive, at its cost, the following insurance policies during the entire Agreement period and schedule-III to this effect is attached. i) Third Party Insurance; ii) Natural Peril Insurance; iii) Construction Insurance (For Construction Stage only); iv) Risks encountered during construction (For Construction stage only); v) Risks encountered during Operation and Maintenance Stage ; vi) Business Interruption Insurance; vii) Marine Transit Insurance (if required); viii) Statutory Workers Compensation Insurance; ix) Employer Liabilities Insurance; and x) Any other insurance as appropriate. (i) not to transfer/dispose off the Project or otherwise alienate any asset of the Project without prior approval of the HPSEBL; (j) make its own arrangement for standby construction power, if considered necessary, for use during the period when the HPSEBL is unable to supply the same to the Company. (k) provide and maintain adequate and reliable speech and online data communication systems between the Station and ………kV sub- station of the HPSEBL at and also between the Station and the Control Centre, for proper and prompt co-ordination and efficient load management. (l) ensure that the harmonics injected in the grid alongwith other grid parameters shall be within permissible limits as per CEA (Technical Standards for Connectivity of the Distribution Generation Resources) Regulations, 2013 or any other relevant standards.

Company’s Undertakings. The Company hereby covenants to and agrees with the HPSEBL to: (a) complete the execution of the Project within the scheduled time as per Section 3.1 and in accordance with the Agreement; (b) design, install and commission the Project including the Project Line upto Interconnection Point, as per Utility and the best Industry Practices and in accordance with the provisions of the Project Report, with materials and equipment that are new and of utility-grade quality, in such a manner that the useful life of Project is longer than the term of the Agreement; (c) work with and co-operate in good faith with the HPSEBL with respect to all of the HPSEBL's obligations and rights hereunder; (d) maintain the rated capacity throughout the term of the Agreement, subject to the normal derating/deterioration during the life of the Project; (e) provide such periodic reports on the progress of the development and construction of the Project as may be required by the HPSEBL; (f) operate and maintain the Project in accordance with (i) Despatch Instructions (ii) Prudent Utility Practices within the Technical Limits (iii) all applicable Laws, rules, regulations, permits and licences and (iv) recommendations of manufacturers of the principal equipment of the Project; (g) enter into a separate agreement for the implementation of Interconnection Facilities, within the timelines given in Section 3.3; (h) buy and keep alive, at its cost, the following insurance policies during the entire Agreement period and schedule-III to this effect is attached. i) Third Party Insurance; ii) Natural Peril Insurance; iii) Construction Insurance (For Construction Stage only)Insurance; iv) Risks encountered during construction (For Construction stage only)and operation and maintenance of the Project; v) Risks encountered during Operation and Maintenance Stage ; vi) Business Interruption Insurance; viivi) Marine Transit Insurance (if required); viiivii) Statutory Workers Compensation Insurance; ixviii) Employer Liabilities Insurance; and xix) Any other insurance as appropriate. (i) not to transfer/dispose off the Project or otherwise alienate any asset of the Project without prior approval of the HPSEBL; (j) make its own arrangement for standby construction power, if considered necessary, for use during the period when the HPSEBL is unable to supply the same to the Company. (k) provide and maintain adequate and reliable speech and online data communication systems between the Station and ………kV sub- station of the HPSEBL at and also between the Station and the Control Centre, for proper and prompt co-ordination and efficient load management. (l) ensure that the harmonics injected in the grid alongwith other grid parameters shall be within permissible limits as per CEA (Technical Standards for Connectivity of the Distribution Generation Resources) Regulations, 2013 or any other relevant standards.

Company’s Undertakings. The Company hereby covenants to and agrees with the HPSEBL to:to- (a) complete the execution of the Project within the scheduled time as per Section Clause 3.1 and in accordance with the Agreement; (b) design, install and commission the Project including the Project Line transmission line upto Interconnection Point, in a good xxxxxxx-like manner as per Prudent Utility and the best Industry Practices and in accordance with the provisions of the Project Report, Approved DPR with materials and equipment that are new and of utility-grade quality, in such a manner that the useful life of Project is longer than will be at least equal to the term of the Agreement; (c) work with and co-operate in good faith with the HPSEBL with respect to all of the HPSEBL's obligations and rights hereunder; (d) maintain the rated capacity throughout the term of the Agreement, subject to the normal derating/deterioration during the life of the Project; (e) provide such periodic reports on the progress of the development and construction of the Project as may be required by the HPSEBL; (f) operate and maintain the Project in accordance with (i) Despatch Instructions (ii) Prudent Utility Practices within the Technical Limits (iii) all applicable Laws, rules, regulations, permits and licences and (iv) recommendations of manufacturers of the principal equipment of the Project; (g) enter into a separate agreement with the HPSEBL for the implementation of Interconnection Facilities, within the timelines given in Section 3.3; (h) buy and keep alive, alive at its cost, cost the following insurance policies during the entire Agreement period and schedule-III to this effect is attached. i) Third Party Insurance; ii) Natural Peril Insurance; iii) Construction Insurance (For Construction Stage only)Insurance; iv) Risks encountered during construction (For Construction stage only)and operation and maintenance of the Project; v) Risks encountered during Operation and Maintenance Stage ; vi) Business Interruption Insurance; viivi) Marine Transit Insurance (if required); viiivii) Statutory Workers Compensation Insurance; ixviii) Employer Liabilities Insurance; and xix) Any other insurance as appropriate. (i) not to transfer/dispose off the Project or otherwise alienate any asset of the Project without prior approval of the HPSEBL; (j) make its own arrangement for standby construction power, if considered necessary, for use during the period when the HPSEBL is unable to supply the same to the Company. (k) provide and maintain adequate and reliable speech and online data communication systems between the Station and ………kV sub- station of the HPSEBL at and also between the Station and the Control Centre, for proper and prompt co-ordination and efficient load management. (l) ensure that the harmonics injected in the grid alongwith other grid parameters shall be within permissible limits as per CEA (Technical Standards for Connectivity of the Distribution Generation Resources) Regulations, 2013 or any other relevant standards.; and

Company’s Undertakings. The Company hereby covenants to and agrees with the HPSEBL to: (a) complete the execution of the Project within the scheduled time as per Section 3.1 and in accordance with the Agreement; (b) design, install and commission the Project including the Project Line upto Interconnection Point, as per Utility and the best Industry Practices and in accordance with the provisions of the Project Report, with materials and equipment that are new and of utility-grade quality, in such a manner that the useful life of Project is longer than the term of the Agreement; (c) work with and co-operate in good faith with the HPSEBL with respect to all of the HPSEBL's obligations and rights hereunder; (d) maintain the rated capacity throughout the term of the Agreement, subject to the normal derating/deterioration during the life of the Project; (e) provide such periodic reports on the progress of the development and construction of the Project as may be required by the HPSEBL; (f) operate and maintain the Project in accordance with (i) Despatch Instructions (ii) Prudent Utility Practices within the Technical Limits (iii) all applicable Laws, rules, regulations, permits and licences and (iv) recommendations of manufacturers of the principal equipment of the Project; (g) enter into a separate agreement for the implementation of Interconnection Facilities, within the timelines given in Section 3.3; (h) buy and keep alive, at its cost, the following insurance policies during the entire Agreement period and schedule-III to this effect is attached. i) Third Party Insurance; ii) Natural Peril Insurance; iii) Construction Insurance (For Construction Stage only); iv) Risks encountered during construction (For Construction stage only); v) Risks encountered during Operation and Maintenance Stage ; vi) Business Interruption Insurance; vii) Marine Transit Insurance (if required); viii) Statutory Workers Compensation Insurance; ix) Employer Liabilities Insurance; and x) Any other insurance as appropriate. (i) not to transfer/dispose off the Project or otherwise alienate any asset of the Project without prior approval of the HPSEBL; (j) make its own arrangement for standby construction power, if considered necessary, for use during the period when the HPSEBL is unable to supply the same to the Company. (k) provide and maintain adequate and reliable speech and online data communication systems between the Station and ………kV sub- station of the HPSEBL …………… at and also between the Station and the Control Centre, for proper and prompt co-ordination and efficient load management. (l) ensure that the harmonics injected in the grid alongwith other grid parameters shall be within permissible limits as per CEA (Technical Standards for Connectivity of the Distribution Generation Resources) Regulations, 2013 or any other relevant standards.