Penalty for Shortfall Sample Clauses

Penalty for Shortfall. 5.2.1 If for any Contract Year, it is found that the Developer has not been able to generate minimum electricity of 1.498 MU/MW/year at the CUF of 19 % - (10%) on account of any reasons not attributable to GRIDCO or Force Xxxxxx events, the non-compliance by Developer shall make him/her liable to pay penalty to GRIDCO. Besides, computation of shortfall will also account for the degeneration factor i.e. Up to 10th year there has to be 100% output i.e. 1.498 MU/MW/Year; and after ten years till end of 25th year there may be degradation of 10% (i.e.
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