Common use of Payment of Monthly Bills Clause in Contracts

Payment of Monthly Bills. a) On receipt of JMR/Energy Account along with CMRI data (of both meters) and bill, Superintending Engineer (Regulation) PGVCL shall verify the readings and subsequent share the same along with original bill and other relevant documents to PGVCL. PGVCL shall make payment of the amounts due in Indian Rupees within thirty (30) days from the date of receipt of the Tariff Invoice by the Chief Engineer (Project) PGVCL. b) As defined under the PPA, Due Date of Payment” in respect of a Tariff Invoice means the date, which is 30 (thirty) days from the date of receipt of such invoices by the designated official of the PGVCL. The Tariff Invoice shall include relevant documents. All payments required to be made under this Agreement shall also include any deduction or set off for: i. deductions required by the Law; and ii. Amount claimed by PGVCL, if any, from the SPG, will be adjusted from the monthly energy payment. iii. Charges for net import of energy by the solar plant from the grid shall be as per HTP-III Tariff as per GERC a) The SPG shall open a bank account (if not having any bank account) for all Tariff Payments to be made by PGVCL to the SPG and notify PGVCL of the details ofsuch account at least sixty (60) Days before the dispatch of the first Monthly Bill.

Payment of Monthly Bills. a) On receipt of JMR/Energy Account along with CMRI data (of both meters) and bill, Superintending Engineer (Regulation) PGVCL UGVCL shall verify the readings and subsequent share the same along with original bill and other relevant documents to PGVCLUGVCL. PGVCL UGVCL shall make payment of the amounts due in Indian Rupees within thirty (30) days from the date of receipt of the Tariff Invoice by the Chief Engineer (Project) PGVCLUGVCL. b) As defined under the PPA, Due Date of Payment” in respect of a Tariff Invoice means the date, which is 30 (thirty) days from the date of receipt of such invoices by the designated official of the PGVCLUGVCL. The Tariff Invoice shall include relevant documents. All payments required to be made under this Agreement shall also include any deduction or set off for: i. deductions required by the Law; and ii. Amount Xxxxxx claimed by PGVCLUGVCL, if any, from the SPG, will be adjusted from the monthly energy payment. iii. Charges for net import of energy by the solar plant from the grid shall be as per HTP-III Tariff as per GERC a) The SPG shall open a bank account (if not having any bank account) for all Tariff Payments to be made by PGVCL UGVCL to the SPG and notify PGVCL UGVCL of the details ofsuch account at least sixty (60) Days before the dispatch of the first Monthly Bill.

Payment of Monthly Bills. a) On receipt of JMR/Energy Account along with CMRI data (of both meters) and bill, Superintending Engineer (Regulation) PGVCL UGVCL shall verify the readings and subsequent share the same along with original bill and other relevant documents to PGVCLUGVCL. PGVCL UGVCL shall make payment of the amounts due in Indian Rupees within thirty (30) days from the date of receipt of the Tariff Invoice by the Chief Engineer (ProjectP&P) PGVCLUGVCL. b) As defined under the PPA, Due Date of Payment” in respect of a Tariff Invoice means the date, which is 30 (thirty) days from the date of receipt of such invoices by the designated official of the PGVCLUGVCL. The Tariff Invoice shall include relevant documents. All payments required to be made under this Agreement shall also include any deduction or set off for: i. deductions required by the Law; and ii. Amount Xxxxxx claimed by PGVCLUGVCL, if any, from the SPG, will be adjusted from the monthly energy payment. iii. Charges for net import of energy by the solar plant from the grid shall be as per HTP-III Tariff as per GERC a) The SPG shall open a bank account (if not having any bank account) for all Tariff Payments to be made by PGVCL UGVCL to the SPG and notify PGVCL UGVCL of the details ofsuch account at least sixty (60) Days before the dispatch of the first Monthly Bill.