Delivery and Content of Monthly Bills/Supplementary Bills. (a) The SPD shall issue to the Procurer a signed Monthly Xxxx/Supplementary Xxxx, along with the energy details obtained from Regional Energy Accounts (REA) validating the total energy for which the Monthly Xxxx/Supplementary Xxxx has been generated. Monthly Xxxx/Supplementary Xxxx shall be raised by the SPD for the immediately preceding Month between the 5th (fifth) Day and the 15th (fifteenth) Day of the next Month. The Monthly Xxxx shall be in accordance with the format to be agreed between the Procurer and the SPD, at least 30 (thirty) Days prior to the commissioning. (b) Each Monthly Xxxx shall include all charges for the energy supplied by the SPD at the Delivery Point for the relevant Month, which shall be based on the regional energy accounts, issued any other competent authority and shall be binding on both the SPD and the Procurer. The Monthly Xxxx amount shall be the sum of (i) product of the energy supplied at the Delivery Point (as evidenced through the regional energy accounts) and the Tariff;
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Samples: Power Purchase Agreement
Delivery and Content of Monthly Bills/Supplementary Bills. (a) The SPD shall issue to the Procurer a signed Monthly Xxxx/Supplementary Xxxx, along with the energy details obtained from Regional Energy Accounts (REA) regional energy accounts validating the total energy for which the Monthly Xxxx/Supplementary Xxxx has been generated. Monthly Xxxx/Supplementary Xxxx shall be raised by the SPD for the immediately preceding Month between the 5th (fifth) Day and the 15th (fifteenth) Day of the next Month. The Monthly Xxxx shall be in accordance with the format to be agreed between the Procurer and the SPD, at least 30 (thirty) Days prior to the commissioningcommissioning of the initial Part Capacity.
(b) Each Monthly Xxxx shall include all charges for the energy supplied by the SPD at the Delivery Point for the relevant Month, which shall be based on the regional energy accounts, issued by Western Regional Power Committee or any other competent authority and shall be binding on both the SPD and the Procurer. The Monthly Xxxx amount shall be the sum of of: (i) product of the energy supplied at the Delivery Point (as evidenced through the regional energy accounts) and the Applicable Tariff;; (ii) the adjustments, if any following annual reconciliation in accordance with Article 10.8 of this Agreement.
Appears in 1 contract
Samples: Power Purchase Agreement
Delivery and Content of Monthly Bills/Supplementary Bills. (a) The SPD shall issue to the Procurer a signed Monthly Xxxx/Supplementary Xxxx, along with the energy details obtained from Regional Energy Accounts (REA) validating the total energy for which the Monthly Xxxx/Supplementary Xxxx has been generated. Monthly Xxxx/Supplementary Xxxx shall be raised by the SPD for the immediately preceding Month between the 5th (fifth) Day and the 15th (fifteenth) Day of the next Month. The Monthly Xxxx shall be in accordance with the format to be agreed between the Procurer and the SPD, at least 30 (thirty) Days prior to the commissioning.
(b) Each Monthly Xxxx shall include all charges for the energy supplied by the SPD at the Delivery Point for the relevant Month, which shall be based on the regional energy accounts, issued any other competent authority and shall be binding on both the SPD and the Procurer. The Monthly Xxxx amount shall be the sum of (i) product of the energy supplied at the Delivery Point (as evidenced through the regional energy accounts) and the Tariff;; (ii) the adjustments, if any following annual reconciliation, including adjustments in respect of Over Drawl.
Appears in 1 contract
Samples: Power Purchase Agreement