Common use of Power Factor Clause in Contracts

Power Factor. The SPV shall maintain the Power Factor as per the prevailing MERC / CERC regulations and as may be stipulated / specified by STU/MSEDCL from time to time. The SPV shall provide suitable protection devices, so that the SPV could be isolated automatically when grid supply fails. Connectivity criteria like short circuit level (for switchgear), neutral grounding, fault clearance time, current unbalance (including negative and zero sequence currents), limit of harmonics etc. shall be as per Grid Code. 1. The nominal steady state electrical characteristics of the system are as follows: a) Three phases alternating current at 50 Hertz plus or minus 0.5 Hertz b) Nominal voltage of 11/22/33/EHV with 6% on higher side to 9% on the lower side variation. 2. The Project shall be designed and capable of being synchronized and operated within a frequency range as per relevant Grid Code and voltage of 11/22/33 kV or EHV. 3. Operation of the Project outside the nominal voltage and frequency specified above will result in reduction of power output consistent with SPV’s capability curves. i) The SPV shall give to the concerned SLDC, MEDA and MSEDCL at least 30 (thirty) days advance written notice, of the date on which it intends to synchronize the Project to the Grid System. The SPV shall be solely responsible for any delay or non-receipt of the notice by the concerned agencies, which may in turn affect the Scheduled Commercial Operation Date of the Project. ii) The Project will be considered as commissioned if all equipment as per rated project capacity has been installed and energy has flown into the grid. iii) SPV shall ensure that the equipment up to the rated capacity has been installed and completed in all respects before the Scheduled Commercial Operation Date. The SPV shall have to submit the following hardcopies to MSEDCL: 1. Covering Letter 2. Board resolution for authorized signatory. 3. Invoice of the major equipment (including but not limited to modules, Inverters/PCUs, Weather Monitoring Stations/ DC Cables and for all the equipment).

Appears in 16 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement

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