Common use of Offtake Constraints Due to Back down Clause in Contracts

Offtake Constraints Due to Back down. The Solar Power Developer and P&ED shall follow the forecasting and scheduling process as per the regulations in this regard by the CERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must-run” to solar power projects. Accordingly, no solar power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Back down arises, except for the cases where the Back down is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Solar Power Developer shall be eligible for a Minimum Generation Compensation, from P&ED, in the manner detailed below: Duration of Back down Provision for Generation Compensation Grid unavailability in a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Minimum Generation Compensation = 100% of [(Average Generation per hour during the month) × (number of back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation by the SPD equal to this generation loss shall be procured by P&ED at the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract Years. The Generation Compensation is to be paid as part of the energy xxxx for the successive month after receipt of Regional Energy Accounts (REA)/SEA/JMR. No Trading Margin shall be applicable on this Generation Compensation provided under Clause 8.4 c above. Note: Notwithstanding anything mentioned above, the provisions of Clause 8.4 above shall be applicable subject to the acceptance of the same by the respective Buying Utility in the Power Purchase Agreement.

Offtake Constraints Due to Back down. The Solar Power Developer and P&ED shall follow the forecasting and scheduling process as per the regulations in this regard by the CERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must-run” to solar power projects. Accordingly, no solar power plant, duly commissioned, should be directed to back down by a Discom/ Load Dispatch Centre (LDC). In case such eventuality of Back down arises, except for the cases where the Back down is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Solar Power Developer shall be eligible for a Minimum Generation Compensation, from P&ED, in the manner detailed below: Duration of Back down Provision for Generation Compensation Grid unavailability in a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): Minimum Generation Compensation = 100% of [(Average Generation per hour during the month) × (number of back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation by the SPD equal to this generation loss shall be procured by P&ED at the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract Years. The Generation Compensation is to be paid as part of the energy xxxx bill for the successive month after receipt of Regional Energy Accounts (REA)/SEA/JMR. No Trading Margin shall be applicable on this Generation Compensation provided under Clause 8.4 c above. Note: Notwithstanding anything mentioned above, the provisions of Clause 8.4 above shall be applicable subject to the acceptance of the same by the respective Buying Utility in the Power Purchase Agreement.

Offtake Constraints Due to Back down. The Solar Power Developer Successful Bidder and P&ED MSEDCL shall follow the forecasting and scheduling process as per the regulations in this regard by the CERCMERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must-run” to solar power projects. Accordingly, no solar power plantSolar Power Plant, duly commissioned, should be directed to back down by a Discom/ DISCOM / Load Dispatch Centre (LDC). In case such eventuality of Back down arises, except for the cases where the Back down is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Solar Power Developer Successful Bidder shall be eligible for a Minimum Generation Compensation, from P&EDMSEDCL, in the manner detailed below: Duration of Back down Provision for Generation Compensation Grid unavailability in Hours of Back down during a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): monthly billing cycle. Minimum Generation Compensation = 10050% of [(Average Generation per hour during the month) × (number of back Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation by the SPD equal to this generation loss shall be procured by P&ED at the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract Years. The Generation Compensation is to be paid as part of the energy xxxx bill for the successive month after receipt of Regional State Energy Accounts (REA)/SEASEA)/ as certified by SLDC/JMRMSEDCL/MSETCL. No Trading Margin It is clarified that Article 5.2.8 shall not be applicable, if in future, Merit Order Despatch is made applicable on to generation from renewable sources; from Floating Solar power project in this Generation Compensation provided under Clause 8.4 c above. Note: Notwithstanding anything mentioned above, the provisions of Clause 8.4 above shall be applicable subject to the acceptance of the same by the respective Buying Utility in the Power Purchase Agreementcase.

Offtake Constraints Due to Back down. The Solar Power Developer Successful Bidder and P&ED MSEDCL shall follow the forecasting and scheduling process as per the regulations in this regard by the CERCMERC. The Government of India, as per Clause 5.2(u) of the Indian Electricity Grid Code (IEGC), encourages a status of “must-run” to solar power projects. Accordingly, no solar power plantSolar Power Plant, duly commissioned, should be directed to back down by a Discom/ DISCOM / Load Dispatch Centre (LDC). In case such eventuality of Back down arises, except for the cases where the Back down is on account of events like consideration of grid security or safety of any equipment or personnel or other such conditions, the Solar Power Developer Successful Bidder shall be eligible for a Minimum Generation Compensation, from P&EDMSEDCL, in the manner detailed below: Duration of Back down Provision for Generation Compensation Grid unavailability in Hours of Back down during a contract year as defined in the PPA: (only period from 8 am to 6 pm to be counted): monthly billing cycle. Minimum Generation Compensation = 10050% of [(Average Generation per hour during the month) × (number of back Back down hours during the month)]X PPA Tariff Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total hours of generation in the Contract Year. The excess generation by the SPD equal to this generation loss shall be procured by P&ED at the PPA tariff so as to offset this loss in the succeeding 3 (three) Contract Years. The Generation Compensation is to be paid as part of the energy xxxx for the successive month after receipt of Regional State Energy Accounts (REA)/SEASEA)/ as certified by SLDC/JMRMSEDCL/MSETCL. No Trading Margin It is clarified that Article 5.2.8 shall not be applicable, if in future, Merit Order Despatch is made applicable on to generation from renewable sources; from Floating Solar power project in this Generation Compensation provided under Clause 8.4 c above. Note: Notwithstanding anything mentioned above, the provisions of Clause 8.4 above shall be applicable subject to the acceptance of the same by the respective Buying Utility in the Power Purchase Agreementcase.