Common use of Monthly Energy Charges Clause in Contracts

Monthly Energy Charges. Corporation shall for the Delivered Energy pay, for the first 10 years from the Commercial Operation date, to the Company every month during the period commencing from the Commercial Operation Date at the rate of Rs.2.85 [Rupees Two and Eighty five paise only] per Kilowatt-hour [“the base tariff] for energy delivered to the Corporation at the Metering Pont with an escalation at a rate of 2% per annum over “the base tariff” every year. This shall mean that the annual escalation will be at the rate of Rs. 0.057 per Kwhr.

Appears in 1 contract

Samples: Draft Power Purchase Agreement

AutoNDA by SimpleDocs

Monthly Energy Charges. The Corporation shall for the Delivered Energy pay, for the first 10 years from the Commercial Operation dateDate, to the Company every month during the period commencing from the Commercial Operation Date at the rate of Rs.2.85 [Rs. 3.40 (Rupees Two Three and Eighty five forty paise only] ) per Kilowattkilowatt-hour [(“the base tariff] ”) without any escalation for energy delivered to the Corporation at the Metering Pont with an escalation at a rate of 2% per annum over “the base tariff” every year. This shall mean that the annual escalation will be at the rate of Rs. 0.057 per KwhrPoint.

Appears in 1 contract

Samples: Windmill

Monthly Energy Charges. Corporation shall for the Delivered Energy pay, for the first 10 years from the Commercial Operation date, to the Company every month during the period commencing from the Commercial Operation Date at the rate of Rs.2.85 Rs. 2.80 [Rupees Two and Eighty five paise only] per Kilowatt-hour [“the base tariff] without any escalation for energy delivered to the Corporation at the Metering Pont with an escalation at a rate of 2% per annum over “the base tariff” every year. This shall mean that the annual escalation will be at the rate of Rs. 0.057 per KwhrPoint.

Appears in 1 contract

Samples: Draft Power Purchase Agreement

AutoNDA by SimpleDocs

Monthly Energy Charges. Corporation shall for the Delivered Energy pay, for the first 10 years from the Commercial Operation dateDate, to the Company every month during the period commencing from the Commercial Operation Date at the rate of Rs.2.85 [Rs. 2.80 (Rupees Two and Eighty five paise only] ) per Kilowattkilowatt-hour [(“the base tariff] ”) for energy delivered to the Corporation at the Metering Pont Point with an escalation at a rate of 2% per annum over “over” the base tariff” every year. This shall mean that the annual escalation will be at the rate of Rs. 0.057 Rs.0.056 per Kwhr.

Appears in 1 contract

Samples: Draft Power Purchase Agreement

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