Common use of Obligations relating to transmission charges Clause in Contracts

Obligations relating to transmission charges. The Supplier shall be liable for payment of all charges, due and payable under Applicable Laws, for inter-state and intra-state transmission of electricity from the Point of Grid Connection to the Delivery Point. For the avoidance of doubt, the Parties expressly agree that inter-state and intra-state transmission of electricity shall be undertaken solely at the risk and cost of the Supplier and all liabilities arising out of any failure of inter-state and intra-state transmission shall, subject to the provisions of Clause 11.4.4, be borne by the Supplier. The Parties further agree that the obligation of the Supplier to pay the regulated charges for transmission of electricity shall be restricted to the tariffs and rates applicable on the Bid Date for and in respect of the Contracted Capacity and any differential arising from revision of the regulated tariffs and rates thereafter shall be payable or recoverable, as the case may be, by the Utility. The Parties also agree that the regulated charges applicable for transmission of electricity referred to hereinabove as on the Bid Date shall be deemed to be Rs. (Rupees .................) for and in respect of the Contracted Capacity$, which charges shall at all times be due and payable by the Supplier.

Appears in 2 contracts

Samples: Default Escrow Agreement, Model Agreement

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Obligations relating to transmission charges. The Supplier shall be liable for payment of all charges, due and payable under Applicable Laws, for inter-state and intra-state transmission of electricity from the Point of Grid Connection to the Delivery Point. For the avoidance of doubt, the Parties expressly agree that inter-state and intra-state transmission of electricity shall be undertaken solely at the risk and cost of the Supplier and all liabilities arising out of any failure of inter-state and intra-state transmission shall, subject to the provisions of Clause 11.4.4, be borne by the Supplier. The Parties further agree that the obligation of the Supplier to pay the regulated charges for transmission of electricity shall be restricted to the tariffs and rates applicable on the Bid Date for and in respect of the Contracted Capacity and any differential arising from revision of the regulated tariffs and rates thereafter shall be payable or recoverable, as the case may be, by the Utility. The Parties also agree that the regulated charges applicable for transmission of electricity referred to hereinabove as on the Bid Date shall be deemed to be Rs. Rs 0.500 per KWH (Rupees .................fifty paisa per KWH) for and in respect of the Contracted Capacity$Capacity (100 MW), which charges shall at all times be due and payable by the Supplier. Provided that the supplier is required to acquire open access at all times and in case open access is available only through the bidding mode by the respective RLDC the difference of open access charges per unit – (minus) Rs. 0.50 per unit shall be reimbursed from utility to supplier. Provided further, if the supplier wants to accommodate the open access through utilities LTA, if available, then Rs. 0.50 per unit shall be reimbursed to the utility by the supplier as these rates are quoted by the supplier against the transmission charges.

Appears in 2 contracts

Samples: www.upcl.org, www.upcl.org

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Obligations relating to transmission charges. The Supplier shall be liable for payment of all charges, due and payable under Applicable Laws, for inter-state and intra-state transmission of electricity from the Point of Grid Connection to the Delivery Point. For the avoidance of doubt, the Parties expressly agree that inter-state and intra-state transmission of electricity shall be undertaken solely at the risk and cost of the Supplier and all liabilities arising out of any failure of inter-state and intra-state transmission shall, subject to the provisions of Clause 11.4.4, be borne by the Supplier. The Parties further agree that the obligation of the Supplier to pay the regulated charges for transmission of electricity shall be restricted to the tariffs and rates applicable on the Bid Date for and in respect of the Contracted Capacity and any differential arising from revision of the regulated tariffs and rates thereafter shall be payable or recoverable, as the case may be, by the Utility. The Parties also agree that the regulated charges applicable for transmission of electricity referred to hereinabove as on the Bid Date shall be deemed to be Rs. Rs (Rupees .................) for and in respect of the Contracted Capacity$, which charges shall at all times be due and payable by the Supplier.

Appears in 1 contract

Samples: www.upcl.org

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