Common use of Early Commissioning Clause in Contracts

Early Commissioning. The SPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the Scheduled Commissioning Date, subject to availability of transmission connectivity and GNA. Early commissioning of the Project will be allowed solely at the risk and cost of the SPD, and NTPC may purchase the energy from such early commissioned Project at the rate of 75% (seventy-five percent) of the PPA tariff. While calculating the above value of 75% of the PPA tariff, the digits after 2 decimal places will be ignored. For e.g., in case the value of 75% of the PPA tariff is calculated as 2.4567/kWh, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWh. Such intimation for early commissioning shall be provided to NTPC at least 15 days before the proposed early commissioning date. In case there is no response provided by NTPC within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by NTPC. In case NTPC does not agree to purchase such energy, early part/full commissioning of the Project shall still be allowed and the SPD will be free to sell such energy to a third party, subject to grant of connectivity and GNA, until SCD or the date of commencement of procurement of power from the Project as notified by NTPC, whichever is earlier. In such cases, a Provisional Commissioning Certificate will be issued to SPD for period up to SCD or date of commencement of Power Procurement (whichever is earlier), along with a NOC for sale of Power to 3rd Party for such period. UCOD/COD of the Project under the PPA will be the date on which the commissioning certificate is issued upon successful commissioning of the part/full capacity of the Project.

Early Commissioning. The SPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the Scheduled Commissioning Date, subject to availability of transmission connectivity and GNA. Early commissioning of the Project will be allowed solely at the risk and cost of the SPD, and NTPC DVC may purchase the energy from such early commissioned Project at the rate of 75% (seventy-five percent) of the PPA tariff. While calculating the above value of 75% of the PPA tariff, the digits after 2 decimal places will be ignored. For e.g., in case the value of 75% of the PPA tariff is calculated as 2.4567/kWh, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWh. Such intimation for early commissioning shall be provided to NTPC DVC at least 15 days before the proposed early commissioning date. In case there is no response provided by NTPC DVC within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by NTPCDVC. In case NTPC DVC does not agree to purchase such energy, early part/full commissioning of the Project shall still be allowed and the SPD will be free to sell such energy to a third party, ; subject to grant of connectivity and GNA, until SCD or the date of commencement of procurement of power from the Project as notified by NTPCDVC, whichever is earlier. In such cases, a Provisional Commissioning Certificate will be issued to SPD for period up to SCD or date of commencement of Power Procurement (whichever is earlier), along with a NOC for sale of Power to 3rd Party for such period. UCOD/COD of the Project under the PPA will be the date on which the commissioning certificate is issued upon successful commissioning of the part/full capacity of the Project.

Early Commissioning. The SPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the Scheduled Commissioning Date, subject to availability of transmission connectivity and GNALong-Term Access (LTA). Early commissioning of the Project will be allowed solely at the risk and cost of the SPD, and NTPC may SECI shall purchase the energy from such early commissioned Project at the rate of 75% (seventy-five percent) of the PPA tariff, only in the case Discom agrees to purchase power from the Project at an earlier date, and at 75% of the PPA tariff plus trading margin. However, in case the entire capacity is commissioned prior to SCD, SECI may purchase the generation at PPA Tariff, only in the case the Discom agrees to purchase power from the Project at an earlier date, and at the PPA tariff plus trading margin. While calculating the above value of 75% of the PPA tariff, the digits after 2 decimal places will be ignored. For e.g.eg., in case the value of 75% of the PPA tariff is calculated as 2.4567/kWh, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWh. Such intimation for early commissioning shall be provided to NTPC SECI at least 15 days before the proposed early commissioning date. In case there is no response provided by NTPC SECI within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by NTPCSECI. In case NTPC SECI does not agree to purchase such energy, early part/full commissioning of the Project shall still be allowed and the SPD will be free to sell such energy to a third party, ; subject to grant operationalization of connectivity and GNAopen access, until SCD or the date of commencement of procurement of power from the Project as notified by NTPCSECI, whichever is earlier. In such cases, a Provisional Commissioning Certificate will be issued to SPD for period up to SCD or date of commencement of Power Procurement (whichever is earlier), along with a NOC for sale of Power to 3rd Party for such period. UCOD/COD of the Project under the PPA will be the date on which the commissioning certificate is issued upon successful commissioning of the part/full capacity of the Project.

Early Commissioning. The SPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the Scheduled Commissioning Date, subject to availability of transmission connectivity and General Network Access (GNA). Early commissioning of the Project will be allowed solely at the risk and cost of the SPD, and NTPC may SECI shall purchase the energy from such early commissioned Project at the rate of 75% (seventy-five percent) of the PPA tariff, only in the case Discom agrees to purchase power from the Project at an earlier date, and at 75% of the PPA tariff plus trading margin. However, in case the entire capacity is commissioned prior to SCD, SECI may purchase the generation at PPA Tariff, only in the case the Discom agrees to purchase power from the Project at an earlier date, and at the PPA tariff plus trading margin. While calculating the above value of 75% of the PPA tariff, the digits after 2 decimal places will be ignored. For e.g.eg., in case the value of 75% of the PPA tariff is calculated as 2.4567/kWh, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWh. Such intimation for early commissioning shall be provided to NTPC SECI at least 15 days before the proposed early commissioning date. In case there is no response provided by NTPC SECI within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by NTPCSECI. In case NTPC SECI does not agree to purchase such energy, early part/full commissioning of the Project shall still be allowed and the SPD will be free to sell such energy to a third party, ; subject to grant operationalization of connectivity and GNA, until SCD or the date of commencement of procurement of power from the Project as notified by NTPCSECI, whichever is earlier. In such cases, a Provisional Commissioning Certificate will be issued to SPD for period up to SCD or date of commencement of Power Procurement (whichever is earlier), along with a NOC for sale of Power to 3rd Party for such period. UCOD/COD of the Project under the PPA will be the date on which the commissioning certificate is issued upon successful commissioning of the part/full capacity of the Project.

Early Commissioning. The SPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the Scheduled Commissioning Date, subject to availability of transmission connectivity and GNAconnectivity. Early part commissioning of the Project will be allowed solely at the risk and cost of the SPD, and NTPC may SECI shall purchase the energy from such early commissioned Project at the rate of 75% (seventy-five percent) of the PPA tariff. While calculating , only in the above value of 75% of case Discom agrees to purchase power from the PPA tariffProject at an earlier date, the digits after 2 decimal places will be ignored. For e.g., in case the value of and at 75% of the PPA tariff is calculated as 2.4567/kWhplus trading margin. However, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWhthe entire capacity is commissioned prior to SCD, SECI may purchase the generation at PPA Tariff. Such intimation for early commissioning shall be provided to NTPC SECI at least 15 days before the proposed early commissioning date. In case there is no response provided by NTPC SECI within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by NTPCSECI. In case NTPC SECI does not agree to purchase such energy, early part/full commissioning of the Project shall still be allowed and the SPD will be free to sell such energy to a third party, ; subject to grant operationalization of connectivity and GNALTA, until SCD or the date of commencement of procurement of power from the Project as notified by NTPCSECI, whichever is earlier. In such cases, cases a Provisional Commissioning Certificate will be issued to SPD for period up to SCD or date of commencement of Power Procurement (whichever is earlier), along with a NOC for sale of Power to 3rd Party for such period. UCOD/COD of the Project under the PPA will be the date on which the commissioning certificate is issued upon successful commissioning of the part/full capacity of the Project.

Early Commissioning. The SPD HPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the Scheduled Commissioning Date, subject to availability of transmission connectivity and GNAGeneral Network Access (GNA)/ LTA/Medium Term/Short Term whichever is applicable at the time of commissioning. Early commissioning of the Project will be allowed solely at the risk and cost of the SPDHPD, and NTPC CESC may purchase the energy from such early commissioned Project at the rate PPA tariff, only if prior written consent is obtained from CESC for purchase of 75% (seventy-five percent) of this power and at the PPA tariff. While calculating the above value of 75% of the PPA tariff, the digits after 2 decimal places will be ignored. For e.g., in case the value of 75% of the PPA tariff is calculated as 2.4567/kWh, the tariff applicable for purchase in case of early commissioning will be read as Rs. 2.45/kWh. Such intimation for early commissioning shall be provided to NTPC CESC at least 15 60 days before prior to the proposed early commissioning date. In case there is no response provided by NTPC CESC within 7 30 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected refused by NTPCCESC. In case NTPC CESC does not agree to purchase such energy, early part/full commissioning of the Project shall still be allowed and the SPD HPD will be free to sell such energy to a third party, ; subject to grant operationalization of connectivity and GNA/LTA, until SCD or the date of commencement of procurement of power from the Project as notified by NTPCCESC, whichever is earlier. In such cases, cases a Provisional Commissioning Certificate will be issued to SPD HPD for period up to SCD or date of commencement of Power Procurement (whichever is earlier), along with a NOC for sale of Power to 3rd Party for such period. UCOD/COD of the Project under the PPA will be declared from the date on which of commencement of procurement of energy from the Project by CESC In case, project is ready for early commissioning certificate prior to GNA/LTA and if CESC has agreed to procure such power before SCD/GNA/LTA operationalization, then in this case HPD is issued upon successful commissioning required to bear all charges upto the Delivery Point i.e., short term/medium term open access (STOA/MTOA) charges inter alia includes but not limited to MTOA/STOA applications charges (of seller state & region), respective RLDC & SLDC operations charges and NOC charges in accordance to Region or State where project is located etc., and CESC is required to bear any charges beyond Delivery Point i.e. respective RLDC and SLDC application and operation charges (Regions other than seller region, CESC State) and NOC charges etc. In case GNA regulations become applicable and GNA is yet to be operationalized, the part/full capacity of applicable charges will be dealt as per the ProjectGNA regulations.