Electricity grid operation. a) The Seller shall be responsible for the management, operation and maintenance of electricity grid equipment within the scope of properties management as prescribed in the Connection Agreement(s) with power grid management entities, ensuring the compliance with stipulations on the operation of the national electricity system; standards and technical regulations of the electricity industry; and the power purchase/sale as prescribed in the PPA.
Appears in 2 contracts
Samples: Standardized Power Purchase Agreement, Standardized Power Purchase Agreement
Electricity grid operation. a) The Buyer and the Seller shall be responsible for operate and maintain the management, operation power grid and maintenance of electricity grid the equipment connected to the power plant within the scope of properties asset management as prescribed in accordance with the Connection Agreement(s) with Regulation on distribution power grid management entitiesand transmission power grid under the connection voltage level of the plant, ensuring the compliance with stipulations regulations and standards of electricity sector and Regulation on the operation of power system to ensure the national electricity system; standards sale and technical regulations purchase of power under the electricity industry; and the power purchase/sale as prescribed in the PPAAgreement.
Appears in 2 contracts
Samples: Power Purchase Agreement, Model Power Purchase Agreement
