Common use of Rates and Charges Clause in Contracts

Rates and Charges. 5.1 GUVNL shall pay for the Delivered Energy as certified in the SEA by Gujarat SLDC, for the Term of this Agreement from the SCOD, to the Power Producer every month. The Tariff payable by GUVNL for energy purchased shall be as below. 5.2 GUVNL shall pay a fixed tariff of Rs. ……………. / unit as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties, upon commissioning of Project or part thereof (as certified by GEDA) from SCOD for the delivered energy as certified in SEA published by Gujarat SLDC during the period of 25 years life of the Project. 5.3 For each KVARH drawn from the grid, the Power Producer shall pay at the rate determined by GERC to GETCO from time to time. 5.4 In cases of early part-commissioning of the project prior to SCOD, GUVNL shall reserve the right to purchase the generation at 75% (seventy-five per cent) of the PPA tariff till SCOD. However, in case the entire capacity is commissioned prior to SCOD, GUVNL may purchase the generation at PPA Tariff. 5.5 In case of delay in commissioning of the Project or part thereof beyond SCOD, the provisions as per Article 4.1.9 shall be applicable. 5.6 In the event of Change in Shareholding/ Substitution of Promoters triggered by the Financial Institutions leading to signing of fresh PPA with a New Entity, an amount of Rs. 5.7 The Intra-State ABT is already implemented in the State, energy certified by SLDC in the SEA shall be considered for monthly energy xxxx. The other provisions of Intra / Inter State ABT and Open Access and Other Regulations of GERC / CERC and amendments thereto from time to time shall be applicable. 5.8 Power Producer shall pay all applicable charges to GPCL as specified under ISA ad IA. In the event of failure of Power Producer to pay these charges to GPCL and upon request of GPCL for adjusting such charges from the monthly tariff payments under this PPA, GUVNL will deduct the charges from monthly tariff payments for reimbursement thereof to GPCL.

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement (Ppa), Power Purchase Agreement

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Rates and Charges. 5.1 GUVNL shall pay for the Delivered Energy as certified in the SEA by Gujarat SLDC, for the Term of this Agreement from the SCOD, to the Power Producer every month. The Tariff payable by GUVNL for energy purchased shall be as below. 5.2 GUVNL shall pay a fixed tariff of Rs. ……………. / unit as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties, Parties upon commissioning of Project or part thereof (as certified by GEDA) from SCOD for the delivered energy as certified in SEA published by Gujarat SLDC during the period of 25 years life of the Project. 5.3 For each KVARH drawn from the grid, the Power Producer shall pay at the rate determined by GERC to GETCO from time to time. 5.4 In cases of early part-commissioning of the project prior to SCOD, GUVNL shall reserve the right to purchase the generation at 75% (seventy-five per cent) of the PPA tariff till SCOD. However, in case the entire capacity is commissioned prior to SCOD, GUVNL may purchase the generation at PPA Tariff. 5.5 In case of delay in commissioning of the Project or part thereof beyond SCOD, the provisions as per Article 4.1.9 shall be applicable. 5.6 In the event of Change in Shareholding/ Substitution of Promoters triggered by the Financial Institutions leading to signing of fresh PPA with a New Entity, an amount of Rs. 10 Lakh per Project per Transaction Plus GST @18% as Facilitation Fee (non-refundable) shall be deposited by the developer to GUVNL. 5.7 The Intra-State ABT is already implemented in the State, energy certified by SLDC in the SEA shall be considered for monthly energy xxxx. The other provisions of Intra / Inter Intra-State ABT and Open Access and Other Regulations of GERC / CERC and amendments thereto from time to time shall be applicable. 5.8 Power Producer shall pay all applicable charges to GPCL as specified under ISA ad IA. In the event of failure of Power Producer to pay these charges to GPCL and upon request of GPCL for adjusting such charges from the monthly tariff payments under this PPA, GUVNL will deduct the charges from monthly tariff payments for reimbursement thereof to GPCL.

Appears in 5 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement (Ppa)

Rates and Charges. 5.1 GUVNL shall pay for the Delivered Energy as certified in the SEA by Gujarat SLDC, for the Term of this Agreement from the SCOD, to the Power Producer every month. The Tariff payable by GUVNL for energy purchased shall be as below. 5.2 GUVNL shall pay a fixed tariff of Rs. ……………. / unit as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties, Parties upon commissioning of Project or part thereof (as certified by GEDA) from SCOD for the delivered energy as certified in SEA published by Gujarat SLDC during the period of 25 years life of the Project. 5.3 For each KVARH drawn from the grid, the Power Producer shall pay at the rate determined by GERC to GETCO from time to time. 5.4 In cases of early part-commissioning of the project prior to SCOD, GUVNL shall reserve the right to purchase the generation at 75% (seventy-five per cent) of the PPA tariff till SCOD. However, in case the entire capacity is commissioned prior to SCOD, GUVNL may purchase the generation at PPA Tariff. 5.5 In case of delay in commissioning of the Project or part thereof beyond SCOD, the provisions as per Article 4.1.9 shall be applicable. 5.6 In the event of Change in Shareholding/ Substitution of Promoters triggered by the Financial Institutions leading to signing of fresh PPA with a New Entity, an amount of Rs. 5.7 The Intra-State ABT is already implemented in the State, energy certified by SLDC in the SEA shall be considered for monthly energy xxxx. The other provisions of Intra / Inter Intra-State ABT and Open Access and Other Regulations of GERC / CERC and amendments thereto from time to time shall be applicable. 5.8 Power Producer shall pay all applicable charges to GPCL as specified under ISA ad IA. In the event of failure of Power Producer to pay these charges to GPCL and upon request of GPCL for adjusting such charges from the monthly tariff payments under this PPA, GUVNL will deduct the charges from monthly tariff payments for reimbursement thereof to GPCL.

Appears in 4 contracts

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

Rates and Charges. 5.1 GUVNL shall pay for the Delivered Energy as certified in the SEA by Gujarat SLDC, for the Term of this Agreement from the SCOD, to the Power Producer every month. The Tariff payable by GUVNL for energy purchased shall be as below. 5.2 GUVNL shall pay a fixed tariff of Rs. ……………. / unit as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties, upon commissioning of Project or part thereof (as certified by GEDA) from SCOD for the delivered energy as certified in SEA published by Gujarat SLDC during the period of 25 years life of the Project. 5.3 For each KVARH drawn from the grid, the Power Producer shall pay at the rate determined by GERC to GETCO from time to time. 5.4 In cases of early part-commissioning of the project prior to SCOD, GUVNL shall reserve the right to purchase the generation at 75% (seventy-five per cent) of the PPA tariff till SCOD. However, in case the entire capacity is commissioned prior to SCOD, GUVNL may purchase the generation at PPA Tariff. 5.5 In case of delay in commissioning of the Project or part thereof beyond SCOD, the provisions as per Article 4.1.9 shall be applicable. 5.6 In the event of Change in Shareholding/ Substitution of Promoters triggered by the Financial Institutions leading to signing of fresh PPA with a New Entity, an amount of Rs. 5.7 The Intra-State ABT is already implemented in the State, energy certified by SLDC in the SEA shall be considered for monthly energy xxxxbill. The other provisions of Intra / Inter State ABT and Open Access and Other Regulations of GERC / CERC and amendments thereto from time to time shall be applicable. 5.8 Power Producer shall pay all applicable charges to GPCL as specified under ISA ad IA. In the event of failure of Power Producer to pay these charges to GPCL and upon request of GPCL for adjusting such charges from the monthly tariff payments under this PPA, GUVNL will deduct the charges from monthly tariff payments for reimbursement thereof to GPCL.

Appears in 2 contracts

Samples: Power Purchase Agreement (Ppa), Power Purchase Agreement

Rates and Charges. 5.1 GUVNL shall pay for the Delivered Energy as certified in the SEA by Gujarat SLDC, for the Term of this Agreement from the SCOD, to the Power Producer every month. The Tariff payable by GUVNL for energy purchased shall be as below. 5.2 GUVNL shall pay a fixed tariff of Rs. ……………. / unit as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties, Parties upon commissioning of Project or part thereof (as certified by GEDA) from SCOD for the delivered energy as certified in SEA published by Gujarat SLDC during the period of 25 years life of the Project. 5.3 For In case of Intra-State Projects, for each KVARH drawn from the grid, the Power Producer shall pay at the rate determined by GERC to GETCO from time to time. For Inter-State Projects, the Power Producer shall be liable to make payment towards KVARH drawl as applicable. 5.4 In cases of early part-commissioning of the project prior to SCOD, GUVNL shall reserve the right to purchase the generation at 75% (seventy-five per cent) of the PPA tariff till SCOD. However, in case the entire capacity is commissioned prior to SCOD, GUVNL may purchase the generation at PPA Tariff. 5.5 In case of delay in commissioning of the Project or part thereof beyond SCOD, the provisions as per Article 4.1.9 shall be applicable. 5.6 In the event of Change in Shareholding/ Substitution of Promoters triggered by the Financial Institutions leading to signing of fresh PPA with a New Entity, an amount of Rs. 10 Lakh per Project per Transaction Plus GST @18% as Facilitation Fee (non-refundable) shall be deposited by the developer to GUVNL. 5.7 The Intra-State ABT is already implemented in the State, energy certified by SLDC in the SEA shall be considered for monthly energy xxxxbill. The other provisions of Intra / Inter Intra-State ABT and Open Access and Other Regulations of GERC / CERC and amendments thereto from time to time shall be applicable. 5.8 Power Producer shall pay all applicable charges to GPCL as specified under ISA ad IA. In the event of failure of Power Producer to pay these charges to GPCL and upon request of GPCL for adjusting such charges from the monthly tariff payments under this PPA, GUVNL will deduct the charges from monthly tariff payments for reimbursement thereof to GPCL.

Appears in 1 contract

Samples: Power Purchase Agreement (Ppa)

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Rates and Charges. 5.1 GUVNL TPL-D shall pay for the Delivered Energy as certified in the SEA by Gujarat SLDC, for the Term of this Agreement from the SCOD, to the Power Producer every monthmonth (“Monthly Charge”). The Tariff payable by GUVNL TPL-D for energy purchased shall be as per Article below. 5.2 GUVNL TPL-D shall pay a fixed tariff Tariff of Rs. ……………. / unit (Rupees ) as discovered under the Competitive Bidding (followed by e-reverse auction) and or as agreed by adjusted pursuant to Article 3.3 of this PPA for Delivered Energy from the Parties, upon commissioning of Project or part thereof (as certified by GEDA) from SCOD for the delivered energy as certified in SEA published by Gujarat SLDC during the period of 25 years life of the Project from the SCOD of the Project. 5.3 For each KVARH drawn from the grid, the Power Producer shall pay at the rate determined by GERC to GETCO from time to time. 5.4 In cases of early part-commissioning of the project prior to SCOD, GUVNL TPL-D shall reserve the right to purchase the generation at 75% (seventy-five per cent) of the PPA tariff till SCOD. However, in case the entire capacity is commissioned prior to SCOD, GUVNL TPL-D may purchase the generation at PPA Tariff. 5.5 In case of delay in commissioning of the Project or part thereof any Unit beyond SCOD, the provisions as per Article 4.1.9 shall be applicable. 5.6 In the event of Change in Shareholding/ Substitution of Promoters triggered by the Financial Institutions leading to signing of fresh PPA with a New Entity, an amount of Rs.. 10 Lakh per Project per Transaction plus GST as applicable as Facilitation Fee (non-refundable) shall be payable by the developer to TPL-D. 5.7 The Intra-State ABT is already implemented in the State, energy certified by SLDC in the SEA shall be considered for monthly energy xxxx. The other provisions of Intra / Inter Intra-State ABT and Open Access and Other Regulations of GERC / CERC and amendments thereto from time to time shall be applicable. 5.8 Power Producer shall pay all applicable charges to GPCL as specified under ISA ad IA. In the event of failure of Power Producer to pay these charges to GPCL and upon request of GPCL for adjusting such charges from the monthly tariff payments under this PPA, GUVNL will deduct the charges from monthly tariff payments for reimbursement thereof to GPCL.

Appears in 1 contract

Samples: Power Purchase Agreement

Rates and Charges. 5.1 GUVNL shall pay for the Delivered Energy as certified in the SEA by Gujarat SLDC, for the Term of this Agreement from the SCOD, to the Power Producer every month. The Tariff payable by GUVNL for energy purchased shall be as below. 5.2 GUVNL shall pay a fixed tariff of Rs. ……………. / unit as discovered under the Competitive Bidding (followed by e-reverse auction) and as agreed by the Parties, Parties upon commissioning of Project or part thereof (as certified by GEDA) from SCOD for the delivered energy as certified in SEA published by Gujarat SLDC during the period of 25 years life of the Project. 5.3 For In case of Intra-State Projects, for each KVARH drawn from the grid, the Power Producer shall pay at the rate determined by GERC to GETCO from time to time. For Inter-State Projects, the Power Producer shall be liable to make payment towards KVARH drawl as applicable. 5.4 In cases of early part-commissioning of the project prior to SCOD, GUVNL shall reserve the right to purchase the generation at 75% (seventy-five per cent) of the PPA tariff till SCOD. However, in case the entire capacity is commissioned prior to SCOD, GUVNL may purchase the generation at PPA Tariff. 5.5 In case of delay in commissioning of the Project or part thereof beyond SCOD, the provisions as per Article 4.1.9 shall be applicable. 5.6 5.5 In the event of Change in Shareholding/ Shareholding / Substitution of Promoters triggered by the Financial Institutions leading to signing of fresh PPA with a New Entity, an amount of Rs. 1 Lakh per Project per Transaction plus 18% GST as Facilitation Fee (non-refundable) shall be deposited by the developer to GUVNL. 5.7 5.6 The Intra-State ABT is already implemented in the State, energy certified by SLDC in the SEA shall be considered for monthly energy xxxxbill. The other provisions of Intra / Inter Intra-State ABT and Open Access and Other Regulations of GERC / CERC and amendments thereto from time to time shall be applicable. 5.8 Power Producer shall pay all applicable charges to GPCL as specified under ISA ad IA. In the event of failure of Power Producer to pay these charges to GPCL and upon request of GPCL for adjusting such charges from the monthly tariff payments under this PPA, GUVNL will deduct the charges from monthly tariff payments for reimbursement thereof to GPCL.

Appears in 1 contract

Samples: Power Purchase Agreement (Ppa)

Rates and Charges. 5.1 GUVNL TPL-D shall pay for the Delivered Energy as certified in the SEA by Gujarat SLDC, for the Term of this Agreement from the SCOD, to the Power Producer every monthmonth (“Monthly Charge”). The Tariff payable by GUVNL TPL-D for energy purchased shall be as per Article below. 5.2 GUVNL TPL-D shall pay a fixed tariff Tariff of Rs. ……………. / unit (Rupees ) as discovered under the Competitive Bidding (followed by e-reverse auction) and or as agreed by adjusted pursuant to Article 3.3 of this PPA for Delivered Energy from the Parties, upon commissioning of Project or part thereof (as certified by GEDA) from SCOD for the delivered energy as certified in SEA published by Gujarat SLDC during the period of 25 years life of the Project from the SCOD of the Project. 5.3 For each KVARH drawn from the grid, the Power Producer shall pay at the rate determined by GERC to GETCO from time to time. 5.4 In cases of early part-commissioning of the project prior to SCOD, GUVNL TPL-D shall reserve the right to purchase the generation at 75% (seventy-five per cent) of the PPA tariff till SCOD. However, in case the entire capacity is commissioned prior to SCOD, GUVNL TPL-D may purchase the generation at PPA Tariff. 5.5 In case of delay in commissioning of the Project or part thereof any Unit beyond SCOD, the provisions as per Article 4.1.9 shall be applicable. 5.6 In the event of Change in Shareholding/ Substitution of Promoters triggered by the Financial Institutions leading to signing of fresh PPA with a New Entity, an amount of Rs.. 10 Lakh per Project per Transaction as Facilitation Fee (non-refundable) shall be payable by the developer to TPL-D. 5.7 The Intra-State ABT is already implemented in the State, energy certified by SLDC in the SEA shall be considered for monthly energy xxxx. The other provisions of Intra / Inter Intra-State ABT and Open Access and Other Regulations of GERC / CERC and amendments thereto from time to time shall be applicable. 5.8 Power Producer shall pay all applicable charges to GPCL as specified under ISA ad IA. In the event of failure of Power Producer to pay these charges to GPCL and upon request of GPCL for adjusting such charges from the monthly tariff payments under this PPA, GUVNL will deduct the charges from monthly tariff payments for reimbursement thereof to GPCL.

Appears in 1 contract

Samples: Power Purchase Agreement (Ppa)

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