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 SCD, subject to availability of transmission connectivity. Early commissioning of the Project will be allowed solely at the risk and cost of the SPD, and RUVNL may purchase the energy from such early commissioned Project at the 75%(seventy-five percent) of the PPA tariff irrespective project is commissioned in parts or full. 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 RUVNL at least 15 days before the proposed early commissioning date. In case there is no response provided by RUVNL within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by RUVNL. In case RUVNL 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 operationalization of open access, until SCD or the date of commencement of procurement of power from the Project as notified by RUVNL, 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.

Appears in 1 contract

Samples: Power Purchase Agreement

AutoNDA by SimpleDocs

Early Commissioning. The SPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the SCDScheduled Commissioning Date, subject to availability of transmission connectivityconnectivity and GNA. Early commissioning of the Project will be allowed solely at the risk and cost of the SPD, and RUVNL NTPC may purchase the energy from such early commissioned Project at the 75%(seventyrate of 75% (seventy-five percent) of the PPA tariff irrespective project is commissioned in parts or fulltariff. 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 RUVNL NTPC at least 15 days before the proposed early commissioning date. In case there is no response provided by RUVNL NTPC within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by RUVNLNTPC. In case RUVNL 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 operationalization grant of open accessconnectivity and GNA, until SCD or the date of commencement of procurement of power from the Project as notified by RUVNLNTPC, 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.

Appears in 1 contract

Samples: Power Purchase Agreement

Early Commissioning. The SPD HPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the SCDScheduled Commissioning Date, subject to availability of transmission connectivityconnectivity and Long-Term Access (LTA). Early commissioning of the Project will be allowed solely at the risk and cost of the SPDHPD, and RUVNL may SECI shall purchase the energy from such early commissioned Project at the 75%(seventy-five percent) of PPA tariff, only in the case Discom agrees to purchase power from the Project at an earlier date, and at the PPA tariff irrespective project is commissioned in parts or full. 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/kWhplus trading margin. Such intimation for early commissioning shall be provided to RUVNL SECI at least 15 60 days before prior to the proposed early commissioning date. In case there is no response provided by RUVNL SECI within 7 30 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected refused by RUVNLSECI. In case RUVNL SECI 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 operationalization of open accessLTA, until SCD or the date of commencement of procurement of power from the Project as notified by RUVNLSECI, 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 declared from the date on which of commencement of procurement of energy from the commissioning certificate is issued upon successful commissioning of the part/full capacity of the ProjectProject by SECI.

Appears in 1 contract

Samples: Power Purchase Agreement

Early Commissioning. The SPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the SCDScheduled Commissioning Date, subject to availability of transmission connectivityconnectivity and GNA. Early commissioning of the Project will be allowed solely at the risk and cost of the SPD, and RUVNL DVC may purchase the energy from such early commissioned Project at the 75%(seventy75% (seventy-five percent) of the PPA tariff irrespective project is commissioned in parts or fulltariff. 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 RUVNL DVC at least 15 days before the proposed early commissioning date. In case there is no response provided by RUVNL DVC within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by RUVNLDVC. In case RUVNL 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 operationalization grant of open accessconnectivity and GNA, until SCD or the date of commencement of procurement of power from the Project as notified by RUVNLDVC, 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.

Appears in 1 contract

Samples: Power Purchase Agreement

AutoNDA by SimpleDocs

Early Commissioning. The SPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the SCDScheduled Commissioning Date, subject to availability of transmission connectivity. Early commissioning of the Project will be allowed solely at the risk and cost of the SPD, and RUVNL may SECI shall purchase the energy from such early commissioned Project at the 75%(seventy75% (seventy-five percent) of the PPA tariff irrespective project is commissioned in parts or full. While calculating the above value of 75% of the PPA tariff, only in the digits after 2 decimal places will be ignored. For e.g.case Discom agrees to purchase power from the Project at an earlier date, in case the value of and at 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/kWhplus trading margin. Such intimation for early commissioning shall be provided to RUVNL SECI at least 15 days before the proposed early commissioning date. In case there is no response provided by RUVNL SECI within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by RUVNLSECI. In case RUVNL 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 operationalization of open accessLTA, until SCD or the date of commencement of procurement of power from the Project as notified by RUVNLSECI, 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.

Appears in 1 contract

Samples: Power Purchase Agreement

Early Commissioning. The SPD shall be permitted for full commissioning as well as part commissioning of the Project even prior to the SCDScheduled Commissioning Date, subject to availability of transmission connectivityconnectivity and General Network Access (GNA). Early commissioning of the Project will be allowed solely at the risk and cost of the SPD, and RUVNL may SECI shall purchase the energy from such early commissioned Project at the 75%(seventy75% (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 irrespective project plus trading margin. However, in case the entire capacity is commissioned prior to SCD, SECI may purchase the generation at PPA Tariff, only in parts or fullthe 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 RUVNL SECI at least 15 days before the proposed early commissioning date. In case there is no response provided by RUVNL SECI within 7 days from the receipt of such intimation, such early commissioned capacity shall be deemed to have been rejected by RUVNLSECI. In case RUVNL 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 operationalization of open accessGNA, until SCD or the date of commencement of procurement of power from the Project as notified by RUVNLSECI, 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.

Appears in 1 contract

Samples: Power Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!