Common use of Duration of Grid unavailability Provision for Generation Compensation Clause in Contracts

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.

Appears in 4 contracts

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

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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 1917% 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.

Appears in 3 contracts

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

Duration of Grid unavailability Provision for Generation Compensation. Grid unavailability in excess of 5% in a contract year as defined in the PPA(only Contract Year: (only period from 8 am to 6 pm to be counted): ), for Grid unavailability beyond 50 hours in a Contract Year: 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 SPD 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.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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 YearsYears and no further compensation shall be made by PGVCL to SPG.

Appears in 1 contract

Samples: Power Purchase Agreement

Duration of Grid unavailability Provision for Generation Compensation. Grid unavailability in excess of 5% in a contract year as defined in the PPA(only 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 SPD equal to this generation loss shall be procured by PGVCL SECI at the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.

Appears in 1 contract

Samples: Power Purchase Agreement

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 thePPA:(onlyperiodfro m8 am to 6 pm to be countedbecounted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract hoursofgridunavailabilityduringtheC ontract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation ContractYear(kWh)÷Totalhoursofgenera tion in the Contract Year. The excess generation beyond 19% CUF by the SPG SPD equal to this generation loss shall be procured by PGVCL at the PPA tariff so as to offset this loss in the succeeding 3 succeeding3 (three) Contract Years.

Appears in 1 contract

Samples: Power Purchase Agreement

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 UGVCL at the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract YearsYears and no further compensation shall be made by UGVCL to SPG.

Appears in 1 contract

Samples: Power Purchase Agreement

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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 1917% CUF by the SPG equal to this generation loss shall be procured by PGVCL UGVCL at the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.

Appears in 1 contract

Samples: Power Purchase Agreement

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 RPG equal to this generation loss shall be procured by PGVCL at DISCOMat the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.

Appears in 1 contract

Samples: Power Purchase Agreement

Duration of Grid unavailability Provision for Generation Compensation. Grid unavailability in excess of 5% in a contract year Contract Year as defined in the PPA(only PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × x (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. Year (hours) The excess generation beyond 19% CUF by the SPG equal to this generation loss shall be procured by PGVCL GRIDCO at the PPA tariff Tariff so as to offset this loss in the succeeding 3 (three) Contract Years.

Appears in 1 contract

Samples: Power Purchase Agreement

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