Common use of Monthly Energy Charges Clause in Contracts

Monthly Energy Charges. 5.1.1. The MSEDCL shall pay for the Scheduled /Delivered Energy as certified by SLDC/ MSEDCL/Appropriate authority through Automated Meter Reading (AMR) / Meter Reading Instrument (MRI) /Joint Meter Readings (JMR)), for the Term of this Agreement from the Commercial Operation Date, to the Hybrid Power Developer every month. The Tariff payable by MSEDCL for energy purchased shall be as per Article below. 5.1.2. MSEDCL shall pay a fixed rate of Rs. ……………. (in words Rs.----) per kWh as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties upon commissioning of a Unit / Project (as certified by SLDC/MSEDCL) for delivered/scheduled energy during the period of PPA. 5.1.3. Provided that in case of the delay for the commissioning of the project over Six (6) months from SCOD, the tariff discovered under the Competitive Bidding process (followed by reverse auction) shall be reduced at the rate of 0.50 paise/kWh per day of delay for the delay in such remaining capacity which is not commissioned for entire term of PPA. 5.1.4. Start-up power/Auxiliary consumption: MSEDCL shall supply electricity to the Hybrid Power Developer at the MSEDCL’s prevailing HT Industrial Tariff in force from time to time and Hybrid Power Developer shall pay for the electricity consumed for start-up of the plant and for the auxiliary consumption of the generating plant at the prevailing HT Industrial Tariff. MSEDCL shall ensure that the power as required by the Hybrid Power Developer under reasonable notice shall be available without delay. 5.1.5. Reactive power charges shall be as per MERC regulations and shall be payable by HPD as per provisions of PPA.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

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Monthly Energy Charges. 5.1.1. The MSEDCL shall pay for the Scheduled /Delivered Energy as certified by SLDC/ MSEDCL/Appropriate authority through Automated Meter Reading (AMR) / Meter Reading Instrument (MRI) /Joint Meter Readings (JMR)), for the Term of this Agreement from the Commercial Operation Date, to the Hybrid Power Developer every month. The Tariff payable by MSEDCL for energy purchased shall be as per Article below. 5.1.2. MSEDCL shall pay a fixed rate of Rs. ……………. (in words Rs.----) per kWh as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties upon commissioning of a Unit / Project (as certified by SLDC/MSEDCL) for delivered/scheduled energy during the period of PPA. 5.1.3. Provided that in case of the delay for the commissioning of the project over Six (6) months from SCOD, the tariff discovered under the Competitive Bidding process (followed by reverse auction) shall be reduced at the rate of 0.50 paise/kWh per day of delay for the delay in such remaining capacity which is not commissioned for entire term of PPA. 5.1.4. Start-up power/Auxiliary consumption: MSEDCL shall supply electricity to the Hybrid Power Developer at the MSEDCL’s prevailing HT Industrial Tariff in force from time to time and Hybrid Power Developer shall pay for the electricity consumed for start-up of the plant and for the auxiliary consumption of the generating plant at the prevailing HT Industrial Tariff. MSEDCL shall ensure that the power as required by the Hybrid Power Developer under reasonable notice shall be available without delay. 5.1.5. Reactive power charges shall be as per MERC regulations and shall be payable by HPD as per provisions of PPA.

Appears in 1 contract

Samples: Power Purchase Agreement

Monthly Energy Charges. 5.1.1. The 5.1.1 MSEDCL shall pay for the Scheduled /Delivered Energy as certified by SLDC/ MSEDCL/MSETCL/Appropriate authority through Automated Meter Reading (AMR) / Meter Reading Instrument (MRI) /Joint Meter Readings (JMR)), for the Term of this Agreement from the Commercial Operation Date, to the Hybrid Floating Solar Power Developer every month. The Tariff payable by MSEDCL for energy purchased shall be as per Article below. 5.1.2. 5.1.2 MSEDCL shall pay a fixed rate of Rs. ……………. (in words Rs.----Rs. ----) per kWh as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties upon commissioning of a Unit / Project (as certified by SLDC/MSEDCL/MSETCL) for delivered/scheduled energy during the period of PPA. 5.1.3. 5.1.3 Provided that in case of the delay for the commissioning of the project over Six (6) months from SCOD, the tariff discovered under the Competitive Bidding process (followed by reverse auction) shall be reduced at the rate of 0.50 paise/kWh per day of delay for the delay in such remaining capacity which is not commissioned for entire term of PPA. 5.1.4. 5.1.4 Start-up power/Auxiliary consumption: MSEDCL shall supply electricity to the Hybrid Floating Solar Power Developer at the MSEDCL’s prevailing HT Industrial Tariff in force from time to time and Hybrid Floating Solar Power Developer shall pay for the electricity consumed for start-up of the plant and for the auxiliary consumption of the generating plant at the prevailing HT Industrial Tariff. MSEDCL shall ensure that the power as required by the Hybrid Floating Solar Power Developer under reasonable notice shall be available without delay. 5.1.5. 5.1.5 Reactive power charges shall be as per MERC regulations and shall be payable by HPD as per provisions of PPAFSPD.

Appears in 1 contract

Samples: Power Purchase Agreement

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Monthly Energy Charges. 5.1.1. The MSEDCL shall pay for the Scheduled /Delivered Energy as certified by SLDC/ MSEDCLRLDC / SLDC/Appropriate authority through Automated Meter Reading (AMR) / Meter Reading Instrument (MRI) /Joint Meter Readings (JMR)), for the Term of this Agreement from the Commercial Operation Date, to the Hybrid Power Renewable Energy Project Developer every month. The Tariff payable by MSEDCL for energy purchased shall be as per Article below. 5.1.2. MSEDCL shall pay a fixed rate of two part tariffs referred as “Non-Solar Generation Hour Tariff” and “Solar Generation Hour Tariff” Rs. ……………. (in words Rs.----) per kWh kWh. Energy supplied during the Solar Generation Hours shall be eligible for a flat tariff payment @ Rs. 2.42/kWh, i.e. the Solar Generation Hour Tariff. Energy supplied during the Non-Solar Generation Hours shall be purchased at the tariff as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties upon commissioning of a Unit / Project (as certified by RLDC/SLDC/MSEDCL) for delivered/scheduled energy during Non-Solar Generation hours of the period of PPA. 5.1.3. Provided that in In case of the delay for the commissioning import of energy by the project over Six (6) months from SCODduring a month by the selected project located within Maharashtra state, the tariff discovered under the Competitive Bidding process (followed by reverse auction) successful bidder shall be reduced required to make payment to MSEDCL at the rate of 0.50 paise/kWh per day of delay for the delay in such remaining capacity which is not commissioned for entire term of PPA. 5.1.4. Start-up power/Auxiliary consumption: MSEDCL shall supply electricity to the Hybrid Power Developer at the MSEDCL’s prevailing HT Industrial Tariff in force tariff rate or any such tariff as determined by MERC from time to time and Hybrid Power Developer shall pay time. The project located in the other state, payment for the electricity consumed for start-up of the plant and for the up/auxiliary consumption of the generating plant at the prevailing HT Industrial Tariff. MSEDCL shall ensure that the power as required by the Hybrid Power Developer under reasonable notice shall be available without delay. 5.1.5as per the state regulations from time to time. Reactive power charges shall be as per MERC MERC/ respective state regulatory commission regulations and shall be payable by HPD Renewable Energy Project developer as per provisions of PPA.

Appears in 1 contract

Samples: Power Purchase Agreement

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