Common use of Provision for Generation Compensation Clause in Contracts

Provision for Generation Compensation. Grid unavailability in a Contract Year: (only period from 8 am to 6 pm to be counted), for Grid unavailability beyond 50 hours in a Contract Year: Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] 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 the Buying Entity at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.

Provision for Generation Compensation. Grid unavailability in a Contract Year: (only period from 8 am to 6 pm to be counted), for Grid unavailability Year as beyond 50 hours in a Contract YearYear as defined in the PPA: Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total 8766 hours less total hours of generation grid unavailability in the a Contract Year. The excess generation by the SPD WPD equal to this generation loss shall be procured by the Buying Entity at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years, against the energy supplied over and above maximum energy supply limit i.e the energy corresponding to 120% of declared CUF.

Provision for Generation Compensation. Grid unavailability in a Contract Year: (only period from 8 am to 6 pm to be counted), for Grid unavailability contract year as beyond 50 hours in a Contract YearYear as defined in the PPA: Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total 8766 hours less total hours of generation grid unavailability in the a Contract Year. The excess generation by the SPD WPD equal to this generation loss shall be procured by the Buying Entity at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years.3

Provision for Generation Compensation. Grid unavailability in a Contract Yearcontract year as defined in the PPA: (only period from 8 am to 6 pm to be counted), for Grid unavailability beyond 50 hours in a Contract Year: ): Generation Loss = [(Average Generation per hour during the Contract Year) × (number of hours of grid unavailability during the Contract Year)] Where, Average Generation per hour during the Contract Year (kWh) = Total generation in the Contract Year (kWh) ÷ Total 8766 hours less total hours of generation grid unavailability in the a Contract Year. The excess generation by the SPD equal to this generation loss shall be procured by the Buying Entity at the PSA tariff so as to offset this loss in the succeeding 3 (three) Contract Years. (Contract Year, shall be as defined in the PPA.)