Common use of Generation Compensation in offtake constraints due to Grid Unavailability Clause in Contracts

Generation Compensation in offtake constraints due to Grid Unavailability. During operation of the Project, there can be some periods where the Project can generate power but due to temporary transmission unavailability, the power is not evacuated, for reasons not attributable to the RPD. In such cases, subject to the submission of documentary evidences from the competent authority, the generation compensation shall be restricted and payable by the Buying Utility(ies) as under, and there shall be no claim, directly or indirectly against SECI:

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Generation Compensation in offtake constraints due to Grid Unavailability. During operation of the Projectoperation, there can be some periods where the Project can generate power but due to temporary transmission unavailability, the power is not evacuated, for reasons not attributable to the RPD. In such cases, subject to the submission of documentary evidences from the competent authority, the generation compensation shall be restricted and payable by the Buying Utility(ies) as under, and there shall be no claim, directly or indirectly against SECI:

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Generation Compensation in offtake constraints due to Grid Unavailability. During the operation of the Project, there can be some periods where the Project can generate power but due to temporary transmission unavailability, the power is not evacuated, for reasons not attributable to the RPDSPG. In such cases, subject to the submission of documentary evidences evidence from the competent authority, the generation compensation shall be restricted and payable by to the Buying Utility(ies) as under, following and there shall be no other claim, directly or indirectly against SECIGRIDCO:

Appears in 1 contract

Samples: Power Purchase Agreement

Time is Money Join Law Insider Premium to draft better contracts faster.