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 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 WPD. In such cases the generation compensation shall be addressed in following manner: Duration of Grid unavailability Provision for Generation Compensation Grid unavailability in a contract year as beyond 50 hours in a Contract Year as defined in the PPA: Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ 8766 hours less total hours of grid unavailability in a Contract Year. The Generation Compensation in any Contract Year shall be passed on to the WPD by adjustments for energy determination of Minimum CUF in the same contract year. However, in case the Generation Compensation cannot be fully availed by the WPD due to Minimum CUF having already met in the relevant contract year, such remaining Generation Compensation shall be accommodated for determination of Maximum CUF in the succeeding Contract Year.

Appears in 1 contract

Samples: Power Sale Agreement

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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 WPDSPD. In such cases the generation compensation shall be addressed in following manner: Duration of Grid unavailability Provision for Generation Compensation Grid unavailability in a contract year as beyond 50 hours in a Contract Year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ 8766 hours less total Total hours of grid unavailability generation in a the Contract Year. The Generation Compensation in any Contract Year excess generation by the SPD equal to this generation loss shall be passed on to the WPD by adjustments for energy determination of Minimum CUF in the same contract year. However, in case the Generation Compensation cannot be fully availed procured by the WPD due Buying Utility at the PSA tariff so as to Minimum CUF having already met in the relevant contract year, such remaining Generation Compensation shall be accommodated for determination of Maximum CUF offset this loss in the succeeding 3 (three) Contract YearYears.

Appears in 1 contract

Samples: Power Sale Agreement

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 WPDHPD. In such cases the generation compensation shall be addressed in following manner: Duration of Grid unavailability Provision for Generation Compensation Grid unavailability in a contract year as beyond 50 hours in a Contract Year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ 8766 hours less total hours of grid unavailability in a Contract Year. The Generation Compensation in any Contract Year excess generation by the HPD equal to this generation loss shall be passed on to the WPD by adjustments for energy determination of Minimum CUF in the same contract year. However, in case the Generation Compensation cannot be fully availed procured by the WPD due Buying Entity at the PSA tariff so as to Minimum CUF having already met in the relevant contract year, such remaining Generation Compensation shall be accommodated for determination of Maximum CUF offset this loss in the succeeding 3 (three) Contract Years. (Contract Year, shall be as defined in the PPA.)

Appears in 1 contract

Samples: Power Sale Agreement

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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 WPD. In such cases the generation compensation shall be addressed in following manner: Duration of Grid unavailability Provision for Generation Compensation Grid unavailability in a contract year as beyond 50 hours in a Contract Year as defined in the PPA: Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ 8766 hours less total hours of grid unavailability in a Contract Year. The Generation Compensation in any Contract Year shall be passed on to the WPD by adjustments for energy determination of Minimum CUF in the same contract year. However, in case the Generation Compensation cannot be fully availed excess generation by the WPD due equal to Minimum CUF having already met in the relevant contract year, such remaining Generation Compensation this generation loss shall be accommodated for determination of Maximum CUF procured by the Buying Entity at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years. (Contract Year, shall be as defined in the PPA.)

Appears in 1 contract

Samples: Power Sale Agreement

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