Common use of Disputed Bill Clause in Contracts

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party SPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 a) If the Buying Entity PGVCL does not dispute a Monthly Bill raised by or a Supplementary Xxxx raisedby the other Party SPG within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 b) If Buying Entity PGVCL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) 30 days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) i. the details of the disputed amount; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its claim. 2.9.3 c) If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2Notice, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 d) If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Notice, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party PGVCL (i.e. office of Superintending Engineer (Regulation), PGVCL) providing: i) i. reasons for its disagreement; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its counter-counter claim. 2.9.5 e) Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4Superintending Engineer (Regulation), PGVCL, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity PGVCL and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 f) If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4Notice, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in Article 16 of PPA. 2.9.7 g) For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity PGVCL shall, without prejudice to its right to Dispute, be under an underan obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party RPD within fifteen thirty (1530) days of receiving receiving, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall shall, within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI RPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI RPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI RPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI RPD shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party RPD within fifteen thirty (1530) days of receiving receiving, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall shall, within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI RPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI RPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI RPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI RPD shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party HPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI HPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI HPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI HPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI HPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party WPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay the undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI WPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI WPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI WPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI WPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Utility and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity entity under Article 2.9.4Article2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4Article2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 13.8.1 If the Buying Entity Procurer does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party within fifteen (15) days of receiving Developer by the Due Date, such Bill shall be taken as conclusive and bindingsubject to reconciliation as per Clause 13.9. 2.9.2 13.8.2 If Buying Entity the Procurer disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen Thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i(a) the details of the disputed amount; ii(b) its estimate of what the correct amount should be; and; iii(c) and all written material in support of its claim. 2.9.3 13.8.3 If the SECI Developer agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, Clause 13.7.2 the SECI Developer shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 13.8.4 If the SECI Developer does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Clause 13.7.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (the “Bill Disagreement Notice”) to the disputing Party Procurer providing: i(a) reasons for its disagreement; ii(b) its estimate of what the correct amount should be; and; iii(c) and all written material in support of its counter-claim. 2.9.5 13.8.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity Procurer under Article 2.9.4Clause 13.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI Parties shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 13.8.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4Clause 13.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 18. 2.9.7 13.8.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity Procurer shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party HPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay the undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI HPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI HPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI HPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI HPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of the undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.6.1 If the Buying Entity Procurers does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.6.2 If Buying Entity the Procurers disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 5095% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.6.3 If the SECI Seller agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.6.2, the SECI Seller shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Procurers and up to and including the date on which such payment has been received as refund. 2.9.4 10.6.4 If the SECI Seller does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.6.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.6.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity Procurers under Article 2.9.410.6.2, authorized representative(s) or a director of the board of directors/ member of board of Procurers and the Buying Entity and SECI Seller shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.6.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.6.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.6.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity Procurers shall, without prejudice to its right to Dispute, be under an obligation to make payment payment, of undisputed amount or 5095% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity a Party does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party within fifteen (15) days of receiving by the Due Date, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 5095% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI SPD shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 5095% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "“Bill Dispute Notice"”) to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Utility and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.6.1 If the Buying Entity Procurers does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.6.2 If Buying Entity the Procurers disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 5095% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.6.3 If the SECI Seller agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.6.2, the SECI Seller shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Procurers and up to and including the date on which such payment has been received as refund. 2.9.4 10.6.4 If the SECI Seller does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.6.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.6.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity Procurers under Article 2.9.410.6.2, authorized representative(s) or a director of the board of directors/ member of board of Procurers and the Buying Entity and SECI Seller shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.6.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.6.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 17. 2.9.7 10.6.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity Procurers shall, without prejudice to its right to Dispute, be under an obligation to make payment payment, of undisputed amount or 5095% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 a) If the Buying Entity PGVCL does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party SPG within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 b) If Buying Entity PGVCL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) 30 days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) i. the details of the disputed amount; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its claim. 2.9.3 c) If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2Notice, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 d) If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Notice, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party PGVCL (i.e. office of Superintending Engineer (Regulation), PGVCL) providing: i) i. reasons for its disagreement; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its counter-counter claim. 2.9.5 e) Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4Superintending Engineer (Regulation), PGVCL, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity PGVCL and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 f) If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4Notice, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in Article 16 of PPA. 2.9.7 g) For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity PGVCL shall, without prejudice to its right to Dispute, be under an underan obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay the undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Utility and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity entity under Article 2.9.4Article2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of the undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity MSEDCL does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party SPG within fifteen (15) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the MSEDCL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and and iii) iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party MSEDCL providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity a Party does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party within fifteen (15) days of receiving by the Due Date, such Bill Xxxx shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 5095% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI SPD shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 5095% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Utility and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.42.9.5, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 2.7.1 If the Buying Entity Procurer does not dispute a Monthly Monthly/Periodic Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 2.7.2 If Buying Entity Procurer disputes the amount payable under a Monthly Monthly/periodic Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, higher and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 2.7.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.22.8.2, the SECI shall make appropriate adjustment in the next Monthly Monthly/Periodic Bill. In such a case excess amount amount, if paid by the Procurer, shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Procurer and up to and including the date on which such payment has been received as refund. 2.9.4 2.7.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article2.8.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 2.7.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity Procurer under Article 2.9.42.8.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity Procurer and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 2.7.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.42.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAGAPA. 2.9.7 2.7.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity Procurer shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, higher in the Monthly Monthly/Periodic Bill.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Utility and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.42.9.5, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPABESPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 If the Buying Entity EDG does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party SPG within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 conclusive. If Buying Entity the EDG disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) : the details of the disputed amount; ii) ; its estimate of what the correct amount should be; and iii) and all written material in support of its claim. 2.9.3 . If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 . If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party EDG providing: i) : reasons for its disagreement; ii) ; its estimate of what the correct amount should be; and iii) and all written material in support of its counter-claim. 2.9.5 . Upon receipt of the Bill Disagreement Notice by the Buying Entity EDG under Article 2.9.410.5.4, authorized representative(s) or a director Director Commercial of the board of directors/ member of board of the Buying Entity EDG and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 . If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 Article 16. For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity EDG shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity GUVNL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount provided either party shall have the right to approach the GERC to effect a higher or lesser payment on the disputed amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. It is clarified that the non issuance of a Bill Dispute Notice or payment of the Bill Amount would not foreclose GUVNL’s rights and interests in regard to the Bills or any claims and GUVNL may also raise a Dispute at a later stage and take appropriate steps. 2.9.3 10.5.2 If the SECI BESSD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, 10.5.1 the SECI BESSD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.3 If the SECI BESSD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.1, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party GUVNL providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.4 Upon receipt of the Bill Disagreement Notice by the Buying Entity GUVNL under Article 2.9.410.5.3, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity GUVNL and SECI BESSD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.5 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.6 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity GUVNL shall, without prejudice to its right to Dispute, be under an obligation to make payment makepayment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 13.7.1 If the Buying Entity ESCOM does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party within fifteen (15) days of receiving Developer by the Due Date, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 13.7.2 If Buying Entity the ESCOM disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 5095% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: ia) the details of the disputed amount; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its claim. 2.9.3 13.7.3 If the SECI Developer agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.213.7.2, the SECI Developer shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 13.7.4 If the SECI Developer does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 13.7.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (the “Bill Disagreement Notice”) to the disputing Party ESCOM providing: ia) reasons for its disagreement; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its counter-claim. 2.9.5 13.7.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity ESCOM under Article 2.9.4Clause 13.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity ESCOM and SECI Developer shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 13.7.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.413.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 18. 2.9.7 13.7.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity ESCOM shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 5095% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity EDG does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party SPG within fifteen (15) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the EDG disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party EDG providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counteritscounter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity EDG under Article 2.9.410.5.4, authorized representative(s) or a director Director Commercial of the board of directors/ member of board of the Buying Entity EDG and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity EDG shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 a) If the Buying Entity UGVCL does not dispute a Monthly Bill raised by or a Supplementary Xxxx raisedby the other Party SPG within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 b) If Buying Entity UGVCL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) 30 days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) i. the details of the disputed amount; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its claim. 2.9.3 c) If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2Notice, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 d) If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Notice, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party UGVCL (i.e. office of Superintending Engineer (Regulation), UGVCL) providing: i) i. reasons for its disagreement; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its counter-counter claim. 2.9.5 e) Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4Superintending Engineer (Regulation), UGVCL, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity UGVCL and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 f) If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4Notice, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in Article 16 of PPA. 2.9.7 g) For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity UGVCL shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 9.5.1. If the Buying Entity Beneficiary does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party SPG within fifteen (15) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 9.5.2. If Buying Entity Beneficiary disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) i. the details of the disputed amount; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its claim. 2.9.3 9.5.3. If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.29.5.2, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up disputing Party to and the invoicing Party, including the date on which such payment has been received as a refund. 2.9.4 9.5.4. If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 9.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party Beneficiary providing: i) i. reasons for its disagreement; ii) . its estimate of what the correct amount should be; and and iii) all written material in support of its counter-claimcounterclaim. 2.9.5 9.5.5. Upon receipt of the Bill Disagreement Notice by the Buying Entity Beneficiary under Article 2.9.4, authorized 9.5.4authorized representative(s) or a director of the board Board of directors/ Directors/ member of board the Board of the Buying Entity Beneficiary and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 9.5.6. If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.49.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 15. 2.9.7 9.5.7. For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoiceinvoice, the Buying Entity Beneficiary shall, without prejudice to its right to Dispute, be under an obligation to make payment of the undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.4.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity MSEDCL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount provided either party shall have the right to approach the MERC to effect a higher or lesser payment on the disputed amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. It is clarified that the non-issuance of a Bill Dispute Notice or payment of the Bill Amount would not foreclose MSEDCL’s rights and interests in regard to the Bills 10.4.2 or any claims and MSEDCL may also raise a Dispute at a later stage and take appropriate steps. 2.9.3 10.4.3 If the SECI BESSD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, 10.4.1 the SECI BESSD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.4.4 If the SECI BESSD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.4.1, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party MSEDCL providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.4.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity MSEDCL under Article 2.9.410.4.3, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity MSEDCL and SECI BESSD shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.4.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.4.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.4.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity MSEDCL shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity JDA does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party SPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the JDA disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party JDA providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity JDA under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity JDA and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity JDA shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 13.7.1. If the Buying Entity ESCOM does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party within fifteen (15) days of receiving SPG by the Due Date, such Bill shall be taken as conclusive and binding.subject to reconciliation as per Clause 13.8 2.9.2 13.7.2. If Buying Entity the ESCOM disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: ia) the details of the disputed amount; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its claim. 2.9.3 13.7.3. If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.213.7.2, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 13.7.4. If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 13.7.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (the “Bill Disagreement Notice”) to the disputing Party ESCOM providing: ia) reasons for its disagreement; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its counter-claim. 2.9.5 13.7.5. Upon receipt of the Bill Disagreement Notice by the Buying Entity ESCOM under Article 2.9.4Clause 13.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity ESCOM and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 13.7.6. If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.413.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 18. 2.9.7 13.7.7. For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity ESCOM shall, without prejudice to its right to Dispute, be under an obligation to make payment of the undisputed amount or 50% of the invoice amount, whichever is higher, invoive amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party RPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI RPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI RPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI RPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI RPD shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity NVVN does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party BESSD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the NVVN disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI BESSD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI BESSD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI BESSD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party NVVN providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity NVVN under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity NVVN and SECI BESSD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity NVVN shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay the undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Utility and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of the undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 a) If the Buying Entity a Party does not dispute a Monthly Weekly Bill, Provisional Bill or a Supplementary Bill raised by the other Party within fifteen thirty (1530) days of receiving it, such Bill bill shall be taken as conclusive and bindingconclusive. 2.9.2 b) If Buying Entity a Party disputes the amount payable under a Monthly Weekly Bill, Provisional Bill it shall pay undisputed amount of or a Supplementary Bill, as the invoice amount or 50% of the invoice amountcase may be, whichever is higherthat Party shall, and it shall within fifteen seven (157) days of receiving such Billbill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) i. the details of the disputed amount; ii) . its estimate of what the correct amount should be; , and iii) . all written material in support of its claim. 2.9.3 c) If the SECI invoicing Party agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2clause 10.5 (b), the SECI invoicing Party shall make appropriate adjustment in levies such bill within seven (7) days of receiving such notice and if the next Monthly Billdisputing Party has already made the excess payment, refund to the disputing Party such excess amount within fifteen (15) days of receiving such notice. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, Surcharge which shall be applied from the date on which such excess payment was made by to the Buying Entity invoicing Party and up to and including the date on which such payment has been received as refundreceived. 2.9.4 d) If the SECI invoicing Party does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 clause 10.5 (b), it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) i. reasons for its disagreement; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its counter-claim. 2.9.5 e) Upon receipt of notice of disagreement to the Bill Disagreement Dispute Notice by the Buying Entity under Article 2.9.4clause 10.5 (b), authorized representative(s) or a director of the board of directors/ directors/member of board of the Buying Entity and SECI each Party shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt receiving such notice of disagreement to the Bill Disagreement Dispute Notice. 2.9.6 f) If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of notice of disagreement to the Bill Disagreement Dispute Notice pursuant to Article 2.9.4, clause 10.5 (b) the matter shall be referred to Dispute resolution Resolution in accordance with governing Laws Article 21. g) In case of Disputed Bills, it shall be open to the aggrieved party to approach the Appropriate Commission for Dispute Resolution in accordance with Article 21 and also for interim orders protecting its interest including for orders for interim payment pending Dispute Resolution and the Parties shall be bound by the decision of the Appropriate Commission, including in regard to interest or Late Payment Surcharge, if any directed to be paid by the Appropriate Commission. h) If a Dispute regarding a Weekly Bill, Provisional Bill or a Supplementary Bill is settled pursuant to clause 10.5 (e) or by Dispute resolution mechanism provided in PPAthis Agreement in favour of the Party that issues a Bill Dispute Notice, the other Party shall refund the amount, if any incorrectly charged and collected from the disputing Party or pay as required, within five (5) days of the Dispute either being amicably resolved by the Parties pursuant to clause 10.5 (e) or settled by Dispute resolution mechanism along with interest at the same rate as Late Payment Surcharge from the date on which such payment had been made to the invoicing Party or the date on which such payment was originally due, as may be applicable. 2.9.7 i) For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity First Party shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% payment, of the invoice amountlower of (a) an amount equal to simple average of last three (3) Weekly invoices (being the undisputed portion of such three Weeks invoices) and (b) Weekly Invoice which is being disputed, whichever is higher, provided such Weekly Bill has been raised based on the REA and in the Monthly Billaccordance with this Agreement.

Disputed Bill. 2.9.1 13.7.1 If the Buying Entity ESCOM does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party within fifteen (15) days of receiving Developer by the Due Date, such Bill shall be taken as conclusive and bindingsubject to reconciliation as per Clause 13.8. 2.9.2 13.7.2 If Buying Entity the ESCOM disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 5095% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: ia) the details of the disputed amount; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its claim. 2.9.3 13.7.3 If the SECI Developer agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.213.7.2, the SECI Developer shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 13.7.4 If the SECI Developer does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 13.7.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (the “Bill Disagreement Notice”) to the disputing Party ESCOM providing: ia) reasons for its disagreement; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its counter-claim. 2.9.5 13.7.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity ESCOM under Article 2.9.4Clause 13.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity ESCOM and SECI Developer shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 13.7.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.413.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 18. 2.9.7 13.7.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity ESCOM shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 5095% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 a) If the Buying Entity PGVCL does not dispute a Monthly Bill raised by or a Supplementary Xxxx raisedby the other Party SPG within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 b) If Buying Entity PGVCL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) 30 days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) i. the details of the disputed amount; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its claim. 2.9.3 c) If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2Notice, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 d) If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Notice, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party PGVCL (i.e. office of Superintending Engineer (Regulation), PGVCL) providing: i) i. reasons for its disagreement; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its counter-counter claim. 2.9.5 e) Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4Superintending Engineer (Regulation), PGVCL, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity PGVCL and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 f) If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4Notice, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in Article 16 of PPA. 2.9.7 g) For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity PGVCL shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, higher and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Utility and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity entity under Article 2.9.4Article2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, higher in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity RUVNL does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party HPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the RUVNL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI HPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI HPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI HPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party RUVNL providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity RUVNL under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity RUVNL and SECI HPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity RUVNL shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party WPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI WPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI WPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI WPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI WPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 8.4.1 If the Buying Entity LED does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party within fifteen thirty (1530) days of receiving receiving, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 8.4.2 If Buying Entity the LED disputes the amount payable under a Monthly Bill or a Supplementary Bill, as it may be, it shall pay undisputed the un-disputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "“Bill Dispute Notice"”) to the invoicing Party against disputed amount setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 8.4.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.28.4.2, the SECI SPD shall make appropriate adjustment in the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 8.4.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 8.4.2, it shall, within fifteen thirty (1530) days of receiving the Bill Dispute Notice, furnish a notice (“Bill Disagreement Notice”) to the disputing Party LED providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 8.4.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity LED under Article 2.9.48.4.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity LED and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen thirty (1530) days of receipt of the Bill Disagreement Notice. 2.9.6 8.4.6 If the Parties do not amicably resolve the Dispute within fifteen thirty (1530) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.48.4.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 14. 2.9.7 8.4.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity LED shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% payment, of the invoice amount, whichever is higher, un-disputed amount in the Monthly Bill. 8.5.1 The Parties acknowledge that all payments made against Monthly Bills and/or Supplementary Bills shall be subject to quarterly reconciliation within thirty (30) days of the end of the quarter of each Contract Year and annual reconciliation at the end of each Contract Year within thirty (30) days thereof to take into account the Energy Accounts, Tariff adjustment payments, Tariff Rebate, Late Payment Surcharge, or any other reasonable circumstance provided under this Agreement. 8.5.2 The Parties, therefore, agree that as soon as all such data in respect of any quarter of a Contract Year or a full Contract Year as the case may be has been finally verified and adjusted, the LED and SPD shall jointly sign such reconciliation statement. Within fifteen (15) days of signing of a reconciliation statement, the SPD shall make appropriate adjustments in the following Monthly Bill, with Surcharge/Interest, as applicable. Late Payment Surcharge/ interest shall be payable in such a case from the date on which such payment had been made to the invoicing Party or the date on which any payment was originally due, as may be applicable. Any Dispute with regard to the above reconciliation shall be dealt with in accordance with the provisions of Article 14.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "“Bill Dispute Notice"”) to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity Utility and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity Buyer does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party SPD within fifteen 30 (15thirty) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the Buyer disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% (fifty percent) of the invoice amount, whichever is higher, and it shall within fifteen 30 (15thirty) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: (i) the details of the disputed amount; (ii) its estimate of what the correct amount should be; and (iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen 15 (15fifteen) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party Buyer providing: (i) reasons for its disagreement; (ii) its estimate of what the correct amount should be; and (iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity Buyer under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity Buyer and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen 15 (15fifteen) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen 15 (15fifteen) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that that, despite a Dispute regarding an Invoiceinvoice, the Buying Entity Buyer shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% (fifty percent) of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 8.5.1 If the Buying Entity a Party does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving by the Due Date, such Bill shall be taken as conclusive and binding.conclusive; 2.9.2 8.5.2 If Buying Entity a Party disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amountBill, whichever is higherthat such Party shall, and it shall within fifteen seven (157) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 8.5.3 If the SECI invoicing Party agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.28.5.2, the SECI invoicing Party shall revise such Bill within seven (7) days of receiving the Bill Dispute Notice. The disputing Party shall thereafter within seven (7) Days of receiving the revised Bill from the invoicing Party, make appropriate adjustment in the next Monthly Billpayment thereunder, and if the disputing Party has already made the excess payment, the invoicing Party shall refund to the disputing Party such excess amount within fifteen (15) days of receiving the Bill Dispute Notice. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 8.5.4 If the SECI invoicing Party does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 8.5.2, it shall, within fifteen seven (157) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 8.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity disputing Party under Article 2.9.48.5.4, authorized representative(s) or a director of the board of directors/ member of board of disputing Party and the Buying Entity and SECI invoicing Party shall meet in person/ discuss on phone (minutes to be prepared by the invoicing Party and sent to the disputing Party for records) and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 8.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.48.5.4, the matter shall be referred settled during Quarterly Reconciliation as per Article 8.6.2. 8.5.7 If a Dispute regarding a Bill is settled pursuant to Article 8.5 or by the Dispute resolution mechanism provided in accordance with governing Laws this Agreement in favor of the Party that issues a Bill Dispute Notice, the other Party shall refund the amount, if any incorrectly charged and collected from the disputing Party or pay as required, within five (5) days of the Dispute either being amicably resolved by the Parties pursuant to Article 8.5.5 or settled by Dispute resolution in PPAmechanism along with interest at the same rate as Late Payment Surcharge from the date on which such payment had been made to the invoicing Party or the date on which such payment was originally due, as may be applicable. 2.9.7 8.5.8 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity Procurer shall, without prejudice to its its/ their right to Dispute, be under an obligation to make payment of undisputed amount or 50% payment, of the invoice amountlower of (a) an amount equal to simple average of last three (3) Months Invoices (being the undisputed portion of such three Months’ invoices) and (b) Monthly Invoice which is being disputed, whichever provided such Monthly Bill has been raised based on the REA/ SEA and in accordance with this Agreement. 8.5.9 For the avoidance of doubt, it is higheralso clarified that in all the cases, in the Monthly BillSeller shall continue supplying electricity to the Procurer as per the Agreement till the Agreement is appropriately terminated as per the provisions of the Agreement.

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "“Bill Dispute Notice"”) to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 8.7.1 If the Buying Entity Procurer does not dispute a Monthly Bill or a Supplementary Xxxx raised by Power Producer by the other Party within fifteen (15) days of receiving Due Date, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 8.7.2 If Buying Entity the Procurer disputes the amount payable under a Monthly Bill it shall pay undisputed amount of or a Supplementary Bill, as the invoice amount or 50% of the invoice amountcase may be, whichever is higher, and it shall within fifteen seven (157) days Days of receiving receipt of such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party Power Producer setting out: ia) the details of the disputed amount; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its claim. 2.9.3 8.7.3 If the SECI Power Producer agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.28.7.2, the SECI Power Producer shall make appropriate adjustment in revise such Xxxx and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up to and including the date on which such payment has been received as refund. 2.9.4 8.7.4 If the SECI Power Producer does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 8.7.2, it shall, within fifteen seven (157) days Days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) reply to Xxxx Dispute Notice to the disputing Party Procurer providing: ia) its reasons for its disagreementagainst dispute; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its counter-claim. 2.9.5 8.7.5 Upon receipt of the Bill Disagreement reply to Xxxx Xxxxxxx Notice from Power Producer, by the Buying Entity Xxxxxxxx, under Article 2.9.48.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity Procurer and SECI Power Producer shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen seven (157) days Days of receipt of the reply to the Bill Disagreement Dispute Notice. 2.9.6 8.7.6 If the Parties do not amicably resolve the Dispute within fifteen seven (157) days Days of receipt of reply to the Bill Disagreement Dispute Notice pursuant to Article 2.9.48.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAARTICLE 16:. 2.9.7 8.7.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity Procurer shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50100% of the invoice amount, whichever is higher, in undisputed amount of the concerned Monthly Bill., and 90% of disputed amount under protest within fifteen (15) Business Days after the date of the receipt of the invoice. Once the dispute is settled, the correction amount shall be adjusted with the monthly interest rate of 1.50% computed on daily basis;

Disputed Bill. 2.9.1 6.7.1 If the Buying Entity does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 6.7.2 If Buying Entity disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 6.7.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.26.7.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded by SECI to Buying Entity along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up to and including the date on which such payment has been received as refund. Similarly, in case, an amount becomes payable by the Buying Entity to SECI from the disputed amount in the invoice after the dispute is resolved, then the same shall be paid along with interest at the same rate as Late Payment Surcharge, which shall be applied from the Due Date. 2.9.4 6.7.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 6.7.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 6.7.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity entity under Article 2.9.46.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 6.7.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.46.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAPSA. 2.9.7 6.7.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed invoice amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity Party does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party within fifteen (15) days of receiving by the Due Date, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the OFC, KANPUR disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party OFC, KANPUR providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity OFC, KANPUR under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity OFC, KANPUR and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity OFC, KANPUR shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1. If the Buying Entity RUVNL does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party SPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2. If Buying Entity the RUVNL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the i. The details of the disputed amount; ii) its . Its estimate of what the correct amount should be; and iii) . all written material in support of its claim. 2.9.3 10.5.3. If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4. If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party RUVNL providing: i) i. reasons for its disagreement; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its counter-claim. 2.9.5 10.5.5. Upon receipt of the Bill Disagreement Notice by the Buying Entity RUVNL under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity RUVNL and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6. If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7. For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity RUVNL shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity Party does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party within fifteen (15) days of receiving by the Due Date, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the XXXX disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party XXXX providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity XXXX under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity XXXX and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity XXXX shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity MSPDCL does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party SPD within fifteen (15thirty(30) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the MSPDCL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party MSPDCL providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity MSPDCL under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity MSPDCL and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party BESSD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI BESSD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI BESSD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI BESSD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI BESSD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 13.7.1 If the Buying Entity ESCOM does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party within fifteen (15) days of receiving Solar Power Developer by the Due Date, such Bill shall be taken as conclusive and bindingsubject to reconciliation as per Clause 13.8. 2.9.2 13.7.2 If Buying Entity the ESCOM disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 5095% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: ia) the details of the disputed amount; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its claim. 2.9.3 13.7.3 If the SECI Solar Power Developer agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.213.7.2, the SECI Solar Power Developer shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 13.7.4 If the SECI Solar Power Developer does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 13.7.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (the “Bill Disagreement Notice”) to the disputing Party ESCOM providing: ia) reasons for its disagreement; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its counter-claim. 2.9.5 13.7.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity ESCOM under Article 2.9.4Clause 13.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity ESCOM and SECI Solar Power Developer shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 13.7.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.413.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 18. 2.9.7 13.7.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity ESCOM shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 5095% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.7.1 If the Buying Entity NTPC does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party SPD within fifteen thirty (1530) days of receiving such Bill Bill, it shall be taken as conclusive and bindingconclusive. 2.9.2 10.7.2 If Buying Entity the NTPC disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.7.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.7.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (‘Bill Disagreement Notice’) to the disputing Party NTPC providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.7.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity NTPC under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity NTPC and SECI SPD shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.7.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute toDispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.7.7 For the avoidance of doubt, it is clarified that t h a t despite a Dispute regarding an Invoiceinvoice, the Buying Entity NTPC shall, without prejudice to its right to Dispute, be under an obligation to make tomake payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity CESC does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party HPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity CESC disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "“Bill Dispute Notice"”) to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI HPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI HPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI HPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party CESC providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity CESC under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity CESC and SECI HPD shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoiceinvoice, the Buying Entity CESC shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 13.7.1 If the Buying Entity ESCOM does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party within fifteen (15) days of receiving PHSP Developer by the Due Date, such Bill shall be taken as conclusive and bindingsubject to reconciliation as per Clause 13.8. 2.9.2 13.7.2 If Buying Entity the ESCOM disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 5095% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: ia) the details of the disputed amount; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its claim. 2.9.3 13.7.3 If the SECI PHSP Developer agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.213.7.2, the SECI PHSP Developer shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 13.7.4 If the SECI PHSP Developer does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 13.7.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (the “Bill Disagreement Notice”) to the disputing Party ESCOM providing: ia) reasons for its disagreement; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its counter-claim. 2.9.5 13.7.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity ESCOM under Article 2.9.4Clause 13.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity ESCOM and SECI PHSP Developer shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 13.7.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.413.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 18. 2.9.7 13.7.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity ESCOM shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 5095% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party OWPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed the amount of as received from the invoice amount or 50% of the invoice amount, whichever is higherBuying Entity , and it shall within fifteen thirty (1530) days of receiving such BillBill Dispute Notice from the Buying Entity, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI OWPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI OWPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI OWPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI OWPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill10.5.7 Not used.

Disputed Bill. 2.9.1 10.5.1 (Not used) 10.5.2 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity GUVNL disputes the amount payable under a Monthly Bill or a SupplementaryBill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount provided either party shall have the right to approach the GERC to effect a higher or lesser payment on the disputed amount and it shall within fifteen withinthirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. It is clarified that the non issuance of a Bill Dispute Notice or payment of the Xxxx Xxxxxx would not foreclose GUVNL’s rights and interests in regard to the Bills or any claims and GUVNL may also raise a Dispute at a later stage and take appropriate steps. 2.9.3 10.5.3 If the SECI BESSD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI BESSD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI BESSD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party GUVNL providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity GUVNL under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity GUVNL and SECI BESSD shall meet and make best endeavors endeavours to amicably resolve such resolvesuch dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity GUVNL shall, without prejudice to its right to Dispute, be under an obligation to make payment makepayment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party SPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity UPPCL does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party SPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the UPPCL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount fifty percent (50%) of the invoice Invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "“Bill Dispute Notice"”) to the invoicing Party setting out: (i) the details of the disputed amount; (ii) its estimate of what the correct amount should be; and (iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (“Bill Disagreement Notice”) to the disputing Party UPPCL providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity UPPCL under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity UPPCL and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoice, the Buying Entity UPPCL shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or fifty percent (50% %) of the invoice amount, whichever is higher, Invoice amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party WPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI WPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI WPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI WPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI WPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 8.6.1 If the Buying Entity a Party does not dispute a Monthly Bill, Provisional Bill or a Supplementary Bill raised by the other Party within fifteen (15) days of receiving by the Due Date, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 8.6.2 If Buying Entity a Party disputes the amount payable under a Monthly Bill, Provisional Bill it shall pay undisputed amount of or a Supplementary Bill, as the invoice amount or 50% of the invoice amountcase may be, whichever is higherthat Party shall, and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 8.6.3 If the SECI invoicing Party agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.28.6.2, the SECI invoicing Party shall revise such Bill within seven (7) days of receiving the Bill Dispute Notice. The disputing Party shall thereafter within seven (7) Days of receiving the revised Bill from the invoicing Party, make appropriate adjustment in the next Monthly Billpayment thereunder, and if the disputing Party has already made the excess payment, the invoicing Party shall refund to the disputing Party such excess amount within fifteen (15) days of receiving the Bill Dispute Notice. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 8.6.4 If the SECI invoicing Party does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 8.6.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 8.6.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity disputing Party under Article 2.9.48.6.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity disputing Party and SECI the invoicing Party shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 8.6.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.48.6.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Article 14. 8.6.7 In case of Disputed Bills, it shall be open to the aggrieved Party to approach the Appropriate Commission for Dispute resolution in PPAaccordance with Article 14 and also for interim orders protecting its interest including for orders for interim payment pending Dispute resolution and the Parties shall be bound by the decision of the Appropriate Commission, including in regard to interest or Late Payment Surcharge, if any directed to be paid by the Appropriate Commission. 2.9.7 8.6.8 If a Dispute regarding a Monthly Bill, Provisional Bill or a Supplementary Xxxx is settled pursuant to Article 8.6 or by the Dispute resolution mechanism provided in this Agreement in favour of the Party that issues a Bill Dispute Notice, the other Party shall refund the amount, if any incorrectly charged and collected from the disputing Party or pay as required, within five (5) days of the Dispute either being amicably resolved by the Parties pursuant to Article 8.6.5 or settled by Dispute resolution mechanism along with interest at the same rate as Late Payment Surcharge from the date on which such payment had been made to the invoicing Party or the date on which such payment was originally due, as may be applicable. 8.6.9 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity Procurer(s) shall, without prejudice to its its/ their right to Dispute, be under an obligation to make payment of undisputed amount or 50% payment, of the invoice amountlower of (a) an amount equal to simple average of last three (3) Months Invoices (being the undisputed portion of such three Months’ invoices) and (b) Monthly Invoice which is being disputed, whichever is higher, provided such Monthly Bill has been raised based on the REA and in the Monthly Billaccordance with this Agreement.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity Buyer does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party HPD within fifteen 30 (15thirty) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the Buyer disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% (fifty percent) of the invoice amount, whichever is higher, and it shall within fifteen 30 (15thirty) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: (i) the details of the disputed amount; (ii) its estimate of what the correct amount should be; and (iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI HPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI HPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI HPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen 15 (15fifteen) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party Buyer providing: (i) reasons for its disagreement; (ii) its estimate of what the correct amount should be; and (iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity Buyer under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity Buyer and SECI HPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen 15 (15fifteen) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen 15 (15fifteen) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that that, despite a Dispute regarding an Invoiceinvoice, the Buying Entity Buyer shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% (fifty percent) of the invoice amount, whichever is higher, in the Monthly Bill.

Disputed Bill. 2.9.1 10.5.1. If the Buying Entity GRIDCO does not dispute a Monthly Bill or a Supplementary Bill raised by the other Party SPG within fifteen (15) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2. If Buying Entity GRIDCO disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) i. the details of the disputed amount; ii) . its estimate of what the correct amount should be; and and iii) all written material in support of its claim. 2.9.3 10.5.3. If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up disputing Party to and the invoicing Party, including the date on which such payment has been received as a refund. 2.9.4 10.5.4. If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party GRIDCO providing: i) i. reasons for its disagreement; ; ii) . its estimate of what the correct amount should be; and and iii) all written material in support of its counter-claim. 2.9.5 10.5.5. Upon receipt of the Bill Disagreement Notice by the Buying Entity GRIDCO under Article 2.9.410.5.4, authorized representative(s) or a director of the board Board of directors/ Directors/ member of board the Board of the Buying Entity GRIDCO and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6. If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7. For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoiceinvoice, the Buying Entity GRIDCO shall, without prejudice to its right to Dispute, be under an obligation to make payment of the undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 11.7.1 If the Buying Entity SECI does not dispute a Monthly Monthly/Periodic Bill or a Supplementary Bill raised by the other Party GAP within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 11.7.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 11.7.3 If the SECI GAP agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.211.7.2, the SECI GAP shall make appropriate adjustment in revise such Bill and present along with the next Monthly Monthly/Periodic Bill. In such a case case, excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 11.7.4 If the SECI GAP does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 11.7.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 11.7.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.411.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI GAP shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 11.7.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.411.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 17. 2.9.7 11.7.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Monthly/Periodic Bill.

Disputed Bill. 2.9.1 10.5.1 If the Buying Entity SECI does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party SPD within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.5.2 If Buying Entity the SECI disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen thirty (1530) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 10.5.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.5.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.5.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party SECI providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 10.5.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity SECI under Article 2.9.410.5.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity SECI and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.5.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.5.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.5.7 For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity SECI shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 a) If the Buying Entity UGVCL does not dispute a Monthly Bill raised by or a Supplementary Xxxx raisedby the other Party SPG within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 b) If Buying Entity UGVCL disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) 30 days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) i. the details of the disputed amount; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its claim. 2.9.3 c) If the SECI SPG agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2Notice, the SECI SPG shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 d) If the SECI SPG does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Notice, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party UGVCL (i.e. office of Superintending Engineer (Regulation), UGVCL) providing: i) i. reasons for its disagreement; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its counter-counter claim. 2.9.5 e) Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4Superintending Engineer (Regulation), UGVCL, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity UGVCL and SECI SPG shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 f) If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4Notice, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in Article 16 of PPA. 2.9.7 g) For the avoidance of doubt, it is clarified that the despite a Dispute regarding an Invoiceinvoice, the Buying Entity UGVCL shall, without prejudice to its right to Dispute, be under an underan obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 6.6.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen thirty (1530) days of receiving such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 6.6.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 6.6.3 If the SECI Buyer agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.26.6.2, the SECI Buyer shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up to and including the date on which such payment has been received as refund. 2.9.4 6.6.4 If the SECI Buyer does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 6.6.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and and iii) all written material in support of its counter-claim. 2.9.5 6.6.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.46.6.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI Buyer shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 6.6.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.46.6.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 12. 2.9.7 6.6.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment payment, of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 7.5.1. If the Buying Entity Beneficiary does not dispute a Monthly Bill, or a Supplementary Bill raised by the other Party EVFSP within fifteen (15) days of receiving it, then such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 7.5.2. If Buying Entity the Beneficiary disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) i. the details of the disputed amount; ii) . its estimate of what the correct amount should be; and iii) . all written material in support of its claim. 2.9.3 7.5.3. If the SECI EVFSP agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.27.5.2, the SECI EVFSP shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up disputing Party to and the invoicing Party, including the date on which such payment has been received as a refund. 2.9.4 7.5.4. If the SECI EVFSP does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 7.5.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Dispute Disagreement Notice) to the disputing Party Intermediary and the Beneficiary providing: i) i. reasons for its disagreement; ii) . its estimate of what the correct amount should be; and and iii) all written material in support of its counter-claimcounterclaim. 2.9.5 7.5.5. Upon receipt of the Bill Dispute Disagreement Notice by the Buying Entity Intermediary under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, in the Monthly Bill.Article

Disputed Bill. 2.9.1 If the Buying Entity does not dispute a Monthly Bill raised by the other Party within fifteen (15) days of receiving such Bill shall be taken as conclusive and binding. 2.9.2 If Buying Entity disputes the amount payable under a Monthly Bill it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: i) the details of the disputed amount; ii) its estimate of what the correct amount should be; and iii) all written material in support of its claim. 2.9.3 If the SECI agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2, the SECI shall make appropriate adjustment in the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up to and including the date on which such payment has been received as refund. 2.9.4 If the SECI does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party providing: i) reasons for its disagreement; ii) its estimate of what the correct amount should be; and iii) all written material in support of its counter-claim. 2.9.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity under Article 2.9.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity and SECI shall meet and make best endeavors to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPA. 2.9.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, amount in the Monthly Bill.

Disputed Bill. 2.9.1 10.4.1 If the Buying Entity Party does not dispute a Monthly Bill or a Supplementary Xxxx raised by the other Party within fifteen (15) days of receiving by the Due Date, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 10.4.2 If Buying Entity the HAL, Hyderabad disputes the amount payable under a Monthly Bill or a Supplementary Bill, as the case may be, it shall pay undisputed amount of the invoice amount or 50% of the invoice amount, whichever is higher, disputed amount and it shall within fifteen (15) days of receiving such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party setting out: (i) the details of the disputed amount; (ii) its estimate of what the correct amount should be; and (iii) all written material in support of its claim. 2.9.3 10.4.3 If the SECI SPD agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.210.4.2, the SECI SPD shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity disputing Party to the invoicing Party and up to and including the date on which such payment has been received as refund. 2.9.4 10.4.4 If the SECI SPD does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article 10.4.2, it shall, within fifteen (15) days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) to the disputing Party HAL, Hyderabad providing: (i) reasons for its disagreement; (ii) its estimate of what the correct amount should be; and (iii) all written material in support of its counter-claim. 2.9.5 10.4.5 Upon receipt of the Bill Disagreement Notice by the Buying Entity HAL, Hyderabad under Article 2.9.410.4.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity HAL, Hyderabad and SECI SPD shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen (15) days of receipt of the Bill Disagreement Notice. 2.9.6 10.4.6 If the Parties do not amicably resolve the Dispute within fifteen (15) days of receipt of Bill Disagreement Notice pursuant to Article 2.9.410.4.4, the matter shall be referred to Dispute toDispute resolution in accordance with governing Laws and Dispute resolution in PPAArticle 16. 2.9.7 10.4.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity HAL, Hyderabad shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50% of the invoice amount, whichever is higher, Disputed Amount in the Monthly Bill.

Disputed Bill. 2.9.1 8.7.1 If the Buying Entity Procurer does not dispute a Monthly Bill or a Supplementary Xxxx raised by Power Producer by the other Party within fifteen (15) days of receiving Due Date, such Bill shall be taken as conclusive and bindingconclusive. 2.9.2 8.7.2 If Buying Entity the Procurer disputes the amount payable under a Monthly Bill it shall pay undisputed amount of or a Supplementary Bill, as the invoice amount or 50% of the invoice amountcase may be, whichever is higher, and it shall within fifteen seven (157) days Days of receiving receipt of such Bill, issue a notice (the "Bill Dispute Notice") to the invoicing Party Power Producer setting out: ia) the details of the disputed amount; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its claim. 2.9.3 8.7.3 If the SECI Power Producer agrees to the claim raised in the Bill Dispute Notice issued pursuant to Article 2.9.2Article8.7.2, the SECI Power Producer shall make appropriate adjustment in revise such Bill and present along with the next Monthly Bill. In such a case excess amount shall be refunded along with interest at the same rate as Late Payment Surcharge, which shall be applied from the date on which such excess payment was made by the Buying Entity and up to and including the date on which such payment has been received as refund. 2.9.4 8.7.4 If the SECI Power Producer does not agree to the claim raised in the Bill Dispute Notice issued pursuant to Article2.9.2 Article8.7.2, it shall, within fifteen seven (157) days Days of receiving the Bill Dispute Notice, furnish a notice (Bill Disagreement Notice) reply to Xxxx Dispute Notice to the disputing Party Procurer providing: ia) its reasons for its disagreementagainst dispute; iib) its estimate of what the correct amount should be; and iiic) all written material in support of its counter-claim. 2.9.5 8.7.5 Upon receipt of the Bill Disagreement reply to Xxxx Xxxxxxx Notice from Power Producer, by the Buying Entity Xxxxxxxx, under Article 2.9.4Article8.7.4, authorized representative(s) or a director of the board of directors/ member of board of the Buying Entity Procurer and SECI Power Producer shall meet and make best endeavors endeavours to amicably resolve such dispute within fifteen seven (157) days Days of receipt of the reply to the Bill Disagreement Dispute Notice. 2.9.6 8.7.6 If the Parties do not amicably resolve the Dispute within fifteen seven (157) days Days of receipt of reply to the Bill Disagreement Dispute Notice pursuant to Article 2.9.4Article8.7.4, the matter shall be referred to Dispute resolution in accordance with governing Laws and Dispute resolution in PPAARTICLE 16:. 2.9.7 8.7.7 For the avoidance of doubt, it is clarified that despite a Dispute regarding an Invoice, the Buying Entity Procurer shall, without prejudice to its right to Dispute, be under an obligation to make payment of undisputed amount or 50100% of the invoice amount, whichever is higher, in undisputed amount of the concerned Monthly Bill., and 90% of disputed amount under protest within fifteen (15) Business Days after the date of the receipt of the invoice. Once the dispute is settled, the correction amount shall be adjusted with the monthly interest rate of 1.50% computed on daily basis;