Electricity delivery, purchase and operation. 1. Electricity delivery a) From the commercial operation date, the Seller agrees to deliver and sell electricity to the Buyer, and the Buyer agrees to buy electricity from the Seller in compliance with regulations of this Agreement. b) The Seller enjoys benefits related to environment in accordance with the law and international treaties. 2. Electricity purchase price a) Electricity purchase price at the delivery point complies with regulations of Article 5 of Decision No. 13. b) Electricity purchase price stipulated at point a of clause 2 in this Article is only applied for the grid-connected solar power plants having commercial operation dates regulated at Article 5 of Decision No. 13. c) Electricity xxxx: Method to identify the monthly electricity xxxx for a power plant is regulated at Appendix F of this Agreement. d) The exchange rate applied at the time of payment is the central rate of VND for USD announced by the SBV on the day that the Seller exports electricity invoice or the latest day prior to the Seller’s invoice exporting day if the SBV does not announce the exchange rate. 3. Power purchase The Seller agrees to operate the power plant with the maximal capacity of [the plant’s capacity in MW] and have design and equipment meeting technical standards and regulations of the power sector. The Seller has no legal responsibilities for the Buyer’s direct damage resulted from the Seller’s failure to supply sufficient power without any faults of the Seller. In case there is no written agreements from the Buyer, the Seller is not allowed to sell power to a third party or use power for other purposes rather than producing electricity to be sold to the Buyer. The Seller is strictly prohibited from connecting other power generation systems outside the project stated in the Agreement through the project’s current metering system. 4. Operational plan The Seller develops and implements the operational plan in accordance with regulations on the national power system operation.
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Electricity delivery, purchase and operation. 1. Electricity delivery
a) From the commercial operation date, the Seller agrees to deliver and sell electricity to the Buyer, Buyer and the Buyer agrees to buy electricity from of the Seller in compliance with regulations of this Agreement.
b) The Seller enjoys benefits related to environment in accordance with the law and international treaties.
2. Electricity purchase price
a) Electricity purchase price at the delivery point complies with regulations (for projects outside Xxxx Xxxxx province, it is specified as “at clause 1 of Article 5 in Decision No. 13”; for projects in Xxxx Xxxxx province, it is specificed as “for the capacity satisfying conditions at clause 3 of Article 5 in Decision No. 13 and for the capacity satisfying conditions at clause 1 of Article 5 of Decision No. 13”).
b) Electricity purchase price stipulated at point a of clause 2 in this Article is only applied for the grid-connected solar power plants having commercial operation dates regulated at Article 5 of Decision No. 13.
c) Electricity xxxxbill: Method to identify the monthly electricity xxxx bill for a power plant is regulated at Appendix F of this Agreement.
d) The exchange rate applied at the time of payment is the central rate of VND for USD announced by the SBV on the day that the Seller exports electricity invoice or the latest day prior to the Seller’s invoice exporting day if the SBV does not announce the exchange rate.
3. Power purchase The Seller agrees to operate the power plant with the maximal capacity of [the plant’s capacity in MW] and have design and equipment meeting technical standards and regulations of the power sector. The Seller has no legal responsibilities for the Buyer’s direct damage resulted from the Seller’s failure to supply sufficient power without any faults of the Seller. In case there is no written agreements from the Buyer, the Seller is not allowed to sell power to a third party or use power for other purposes rather than producing electricity to be sold to the Buyer. The Seller is strictly prohibited from connecting other power generation systems outside the project stated in the Agreement through the project’s current metering system.
4. Operational plan
a) Before or on the date of performance of this Agreement, the Seller provides the Buyer with the chart of annual power generation capacity at the connection point by months in line with the appraised design;
b) Before every November 30th, the Seller provides the Buyer with the power generation plan of the following year, including: - Monthly operational plan in the year (power output and available capacity); - The monthly plant repair and maintenance schedule in the year (if any).
c) The Seller develops should provide information on the repair and implements maintenance schedule and the operational plan for the unit dispatching the power system (according to its authorized dispatch level) in accordance with legal regulations on the national power system operation.
Appears in 1 contract
Electricity delivery, purchase and operation. 1. Electricity delivery
a) From the commercial operation date, the Seller agrees to deliver and sell electricity to the Buyer, and the Buyer agrees to buy electricity from the Seller in compliance with regulations of this Agreement.
b) The Seller enjoys benefits related to environment in accordance with the law and international treaties.
2. Electricity purchase price
a) Electricity purchase price at the delivery point complies with regulations of Article 5 of Decision No. 13.
b) Electricity purchase price stipulated at point a of clause 2 in this Article is only applied for the grid-connected solar power plants having commercial operation dates regulated at Article 5 of Decision No. 13.
c) Electricity xxxxbill: Method to identify the monthly electricity xxxx bill for a power plant is regulated at Appendix F of this Agreement.
d) The exchange rate applied at the time of payment is the central rate of VND for USD announced by the SBV on the day that the Seller exports electricity invoice or the latest day prior to the Seller’s invoice exporting day if the SBV does not announce the exchange rate.
3. Power purchase The Seller agrees to operate the power plant with the maximal capacity of [the plant’s capacity in MW] and have design and equipment meeting technical standards and regulations of the power sector. The Seller has no legal responsibilities for the Buyer’s direct damage resulted from the Seller’s failure to supply sufficient power without any faults of the Seller. In case there is no written agreements from the Buyer, the Seller is not allowed to sell power to a third party or use power for other purposes rather than producing electricity to be sold to the Buyer. The Seller is strictly prohibited from connecting other power generation systems outside the project stated in the Agreement through the project’s current metering system.
4. Operational plan The Seller develops and implements the operational plan in accordance with regulations on the national power system operation.
Appears in 1 contract
Samples: Power Purchase Agreement