Duration of Grid unavailability Provision for Generation Compensation Sample Clauses

Duration of Grid unavailability Provision for Generation Compensation. Grid unavailability in excess of 5% in a contract year as defined in the PPA(only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation beyond 19% CUF by the SPG equal to this generation loss shall be procured by PGVCL at the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.
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Duration of Grid unavailability Provision for Generation Compensation. Grid unavailability in a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the contract year) × (number of hours of grid unavailability during the contract year)] Where, Average Generation per hour during the contract year (kWh) = Total generation in the contract year (kWh) ÷ Total hours of generation in the contract year The excess generation by the SPD equal to this generation loss shall be procured by the Railways/ZR at the PPA tariff so as to offset this loss in the succeeding 3(three) Contract Years.
Sample 1Sample 2
Duration of Grid unavailability Provision for Generation Compensation. Grid unavailability in a contract year as beyond 50 hours in a Contract Year as defined in the PPA: Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ 8766 hours less total hours of grid unavailability in a Contract Year. The excess generation by the WPD equal to this generation loss shall be procured by the Buying Entity at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years, against the energy supplied over and above maximum energy supply limit i.e. the energy corresponding to 120% of declared CUF. Alternatively, the Buying Entity may choose to provide Generation Compensation, in terms of PPA tariff, for the Generation loss as defined above, and for Grid unavailability beyond 50 hours in a Contract Year as defined in the PPA.
Sample 1
Duration of Grid unavailability Provision for Generation Compensation. Grid unavailability in a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation by the SPD equal to this generation loss shall be procured at the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract Years. However, it is also clarified that during the operation of the plant, there can be some periods where the Project can generate power but due to temporary transmission unavailability at the end of all or any of the Partner/Beneficiary States of BBMB leading to offtake constraint (full or part), then BBMB shall compensate SPD as per this clause, assuming the off take constraint is due to BBMB only.
Sample 1

Related to Duration of Grid unavailability Provision for Generation Compensation

  • Provision for Generation Compensation Grid unavailability in a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation by the SPD equal to this generation loss shall be procured by the Buying Utility at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.

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