Common use of Deemed Generation Clause in Contracts

Deemed Generation. 6.4.1 After the COD of the Project, loss of generation at the Station on account of reasons attributed to the following, or any one of the following, shall count towards Deemed Generation and it shall be paid/accounted for each time, if only there is actual loss of generation. (a) HPSEBL Grid System failure; (b) non availability and partial availability of evacuation system beyond the Interconnection Point; and (c) receipt of backing down instructions from the Control Centre as a result of merit order despatch. Provided that the following shall not count towards Deemed Generation:- (i) the loss of generation at the Station due to the interruptions/outages, attributed to the aforesaid factor(s) lasting for a period of less than 20 minutes at a time; (ii) the loss of generation at the Station on account of aforesaid factor(s) but attributed to the Force Majeure event(s); (iii) the loss of generation at the Station due to the interruptions/ outages, attributed to the aforesaid factor(s) during the period in which the total duration of such outages/ interruptions, other than those excluded under (i) & (ii) above, is within the annual limit of 480 hours in a Year; and (iv) the loss of generation at the Station that would have taken place otherwise also even in the absence of the aforesaid factor(s). 6.4.2 The period of outage/interruption on account of such factor(s) shall be reconciled on monthly basis and the loss of generation at the Station counting towards Deemed Generation after accounting for the events (i) to (iv) of Section 6.4.1 above, shall be computed by taking into consideration the site, Project Report, average generation during the relevant period and weather conditions during the time of day/year for which deemed generation is to be worked out. However, quantum of loss of deemed generation during any time shall not exceed the quantum corresponding to 19% CUF for the relevant period for the capacity actually commissioned and in working conditions during such time. 6.4.3 The HPSEBL shall pay for the Net Saleable Deemed Generation, worked out on the basis of Deemed Generation on above lines, at a rate payable for Net Saleable Energy as per Section 6.2 above, on monthly basis.

Appears in 3 contracts

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

AutoNDA by SimpleDocs

Deemed Generation. 6.4.1 After the COD of the Project, loss of generation at the Station on account of reasons attributed to the following, or any one of the following, shall count towards Deemed Generation and it shall be paid/accounted for each time, if only there is actual loss of generationwater spillage. (a) HPSEBL Grid System failure; (b) non availability and partial availability of evacuation system beyond the Interconnection Point; and (c) receipt of backing down instructions from the Control Centre as a result of merit order despatch. Provided that the following shall not count towards Deemed Generation:- (i) the loss of generation at the Station due to the interruptions/outages, outages attributed to the aforesaid factor(s) lasting for a period of less than 20 minutes at a time; (ii) the loss of generation at the Station on account of aforesaid factor(s) but attributed to the Force Majeure event(s); (iii) the loss of generation at the Station due to the interruptions/ outages, interruptions/outages attributed to the aforesaid factor(s) during the period in which the total duration of such outages/ interruptions, other than those excluded under (i) & (ii) above, is within the annual limit of 480 hours in a Year; and (iv) the loss of generation at the Station that would have taken place otherwise also even in the absence of the aforesaid factor(s). 6.4.2 The period of outage/interruption on account of such factor(s) shall be reconciled on monthly basis and the loss of generation at the Station counting towards Deemed Generation after accounting for the events (i) to (iv) of Section 6.4.1 above, shall be computed by taking into consideration on following considerations:- (i) if such period falls within the sitefirst twelve months after the COD of the Project, Project Report, average the generation during the relevant period and weather conditions during the time of day/year for which deemed generation is to be worked out. However, quantum of loss of deemed generation during any time shall not exceed the quantum corresponding to 19% CUF envisaged for the relevant month in which such period for falls, based on inflows relating to 75% dependable year, as per the capacity hydrological data contained in the Approved DPR; and (ii) if such period falls subsequent to the first twelve months after the COD of the Project, the generation actually commissioned and achieved including the Deemed Generation, if any, in working conditions during such timethe corresponding month of the previous Year or the one envisaged in that month based on inflows relating to 75% dependable year as per the hydrological data contained in the Approved DPR, whichever is less. 6.4.3 The HPSEBL shall pay for the Net Saleable Deemed Generation, worked out on the basis of Deemed Generation on above lines, at a rate payable for Net Saleable Energy as per Section 6.2 above, on monthly basis.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

Deemed Generation. 6.4.1 After the COD of the Project, loss of generation at the Station on account of reasons attributed to the following, or any one of the following, shall count towards Deemed Generation and it shall be paid/accounted for each time, if only there is actual loss of generation.water spillage- (a) HPSEBL Grid System failure; (b) non availability and partial availability of evacuation system beyond the Interconnection Point; and (c) receipt of backing down instructions from the Control Centre as a result of merit order despatch. (d) However, deemed generation is applicable in case the Company has complied with advance intimation for connectivity i.e. 2 years prior to the intended date of availing connectivity for evacuation. In the absence of such advance intimation for connectivity and non-execution of operation and maintenance agreement with the HPSEBL/State Transmission Utility (STU), whichever is applicable, as per clause 3.3, the provision for deemed generation as above (i.e. as per clause 6.4) shall not be applicable: Provided that the following shall not count towards Deemed Generation:- (i) the loss of generation at the Station due to the interruptions/outages, outages attributed to the aforesaid factor(s) lasting for a period of less than 20 minutes at a time; (ii) the loss of generation at the Station on account of aforesaid factor(s) but attributed to the Force Majeure event(s); (iii) the loss of generation at the Station due to the interruptions/ outages, interruptions/outages attributed to the aforesaid factor(s) during the period in which the total duration of such outages/ interruptions, other than those excluded under sub-clauses (i) & and (ii) above, is within the annual limit of 480 hours in a Year; and (iv) the loss of generation at the Station that would have taken place otherwise also even in the absence of the aforesaid factor(s). 6.4.2 . The period of outage/interruption interruptions on account of such factor(s) shall deemed generation and other factors be reconciled on monthly yearly basis or full period of operation, if the Project is in operation for less than one year basis and the loss of generation at the Station counting towards Deemed Generation after accounting for the events (i) to (iv) of Section 6.4.1 above, shall be computed by taking into consideration on following considerations:- (i) if such period falls within the sitefirst twelve months after the COD of the Project, Project Report, average the generation during the relevant period and weather conditions during the time of day/year for which deemed generation is to be worked out. However, quantum of loss of deemed generation during any time shall not exceed the quantum corresponding to 19% CUF envisaged for the relevant month in which such period for falls, based on inflows relating to 75% dependable year, as per the capacity hydrological data contained in the Approved DPR; and (ii) if such period falls subsequent to the first twelve months after the COD of the Project, the generation actually commissioned and achieved including the Deemed Generation, if any, in working conditions during such time. 6.4.3 the corresponding month of the previous Year or the one envisaged in that month based on inflows relating to 75% dependable year as per the hydrological data contained in the Approved DPR, whichever is less. The HPSEBL shall pay for the Net Saleable Deemed Generation, worked out on the basis of the Deemed Generation on above lines, at a fixed rate payable for Net Saleable Energy not exceeding pooled cost of power purchase as per Section 6.2 above, on monthly basismentioned in Clause 6.2.

Appears in 1 contract

Samples: Power Purchase Agreement

Deemed Generation. 6.4.1 (a) After the COD of the Project, loss of generation at the Station on account of reasons attributed to the following, or any one of the following, which results in Water Spillage, shall count towards Deemed Generation and it shall be paid/accounted for each time, if only there is actual loss of generation. (a) HPSEBL Generation: - Grid System failure; (b) non availability and partial ; - Non availability of evacuation system beyond the Interconnection Point; and (c) receipt and - Receipt of backing down instructions from the Control Centre as a result of merit order despatchSLDC. Provided that the following shall not count towards Deemed Generation:-Generation: (i) the loss of generation at the Station due to the interruptions/outages, outages attributed to the aforesaid factor(s) lasting for a period of less than 20 minutes at a time; (ii) the loss of generation at the Station on account of aforesaid factor(s) but attributed to the Force Majeure event(s); (iii) the loss of generation at the Station due to the interruptions/ outages, interruptions/outages attributed to the aforesaid factor(s) during the period in which the total duration of such outages/ interruptions, other than those excluded under (i) & (ii) above, is within the annual limit of 480 hours in a YearYear spread equally in each month; and (iv) the loss of generation at the Station that would have taken place otherwise also even in the absence of the aforesaid factor(s). 6.4.2 (b) The period of outage/interruption on account of such factor(s) shall be reconciled on monthly basis and the loss of generation at the Station counting towards Deemed Generation after accounting for the events (i) to (iv) of Section 6.4.1 above, shall be computed by taking into consideration on following considerations: (i) if such period falls within the sitefirst twelve months after the COD of the Project, Project Report, average the generation during the relevant period and weather conditions during the time of day/year for which deemed generation is to be worked out. However, quantum of loss of deemed generation during any time shall not exceed the quantum corresponding to 19% CUF envisaged for the relevant month in which such period for falls, based on inflows relating to 75% dependable year, as per the capacity hydrological data contained in the Approved DPR; and (ii) if such period falls subsequent to the first twelve months after the COD of the Project, the generation actually commissioned and achieved including the Deemed Generation, if any, in working conditions during such timethe corresponding month of the previous Year or the one envisaged in that month based on inflows relating to 75% dependable year as per the hydrological data contained in the Approved DPR, whichever is less. 6.4.3 The HPSEBL (c) UPCL shall pay for the Net Saleable Deemed Generationsaleable deemed generation, on monthly basis, worked out on the basis of Deemed Generation the deemed generation on above lines, at a rate payable for Net Saleable Energy the generic/project specific tariffs under the provisions of RE Regulations, as per Section 6.2 above, on monthly basisamended from time to time by the Commission. (i) The deemed generation conditions under sub-clause (3) above shall be applicable only in such cases where the evacuation line is connected to 33 kV or higher voltage Grid Sub-station. (ii) The deemed generation conditions under sub-clause (3) above shall come into effect from 01.05.2011]

Appears in 1 contract

Samples: Power Purchase Agreement

AutoNDA by SimpleDocs

Deemed Generation. 6.4.1 After the COD of the Project/part thereof, loss of generation at the Station on account of reasons attributed to the following, or any one of the following, shall count towards Deemed Generation and it shall be paid/accounted for each time, if only there is actual loss of generation. (a) HPSEBL Grid System failure; (b) non non-availability and partial availability of evacuation system beyond the Interconnection Point; and (c) receipt of backing down instructions from the Control Centre as a result of merit order despatch. Provided that the following shall not count towards Deemed Generation:- (i) the loss of generation at the Station due to the interruptions/outages, attributed to the aforesaid factor(s) lasting for a period of less than 20 minutes at a time; (ii) the loss of generation at the Station on account of aforesaid factor(s) but attributed to the Force Majeure event(s); (iii) the loss of generation at the Station due to the interruptions/ outages, attributed to the aforesaid factor(s) during the period in which the total duration of such outages/ interruptions, other than those excluded under (i) & (ii) above, is within the annual limit of 480 160 solar hours in a Year; and; (iv) the loss of generation at the Station that would have taken place otherwise also even in the absence of the aforesaid factor(s); and (v) the loss of generation at the Station due to the interruptions/outages, attributed to the aforesaid factor(s) occurred during 18:00 hours in the evening to 08:00 hours in the morning of a day. 6.4.2 The period of outage/interruption on account of such factor(s) shall be reconciled on monthly basis and the loss of generation at the Station counting towards Deemed Generation after accounting for the events (i) to (iv) of Section 6.4.1 above, shall be computed by taking into consideration the site, Project Report, average generation during the relevant period and weather conditions during the time of day/year for which deemed generation is to be worked out. However, quantum of loss of deemed generation during any time shall not exceed the quantum corresponding to 19% ……… CUF as considered by the Commission for the relevant period for the capacity actually commissioned and in working conditions during such time. 6.4.3 The HPSEBL shall pay for the Net Saleable Deemed Generation, worked out on the basis of Deemed Generation on above lines, at a rate payable for Net Saleable Energy as per Section 6.2 above, on monthly basis.

Appears in 1 contract

Samples: Power Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!