Common use of Generation Compensation in Offtake Constraints Due to Grid Clause in Contracts

Generation Compensation in Offtake Constraints Due to Grid. Unavailability Beyond Delivery Point During the operation of the plant, there can be some periods where the plant can generate power but due to temporary transmission unavailability beyond Delivery Point the power is not evacuated, for reasons not attributable to the Power Producer. In such cases the generation compensation shall be addressed by GUVNL in following manner: Duration of Grid Unavailability beyond Delivery Point Provision for Generation Compensation Grid unavailability beyond Delivery Point in a contract year as defined in the PPA: (only period from 8 am to 6 pm to be Generation Loss = [(Average Generation per hour during the contract year) × (number of hours of grid unavailability beyond Delivery Point during the contract year)]

Appears in 6 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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