Reactive Power. 7.8.1 In order to maintain grid stability and prevent any excess drawal of reactive power, the SPV shall install capacitor banks or such other means capable of generating reactive power. The reactive power charges (including penalty to any governmental authority for excess reactive power drawn) and charges against power drawn from grid as per CERC / MERC regulations, shall be payable by the SPV as per provisions herein. 7.8.2 The SPV shall be capable of supplying dynamically varying reactive power so as to maintain the power factor within the limits of 0.95 (zero point nine five) lagging to 0.95 (zero point nine five) leading at Delivery Point and shall inject reactive power equal to 30% (thirty percent) of the active power generated (without netting off) in a month. In case reactive power generated is less than 27% (twenty seven percent), (i.e. 10% (ten percent) of 30% (thirty percent) of the active power generated), in a month, then the SPV shall be liable to pay damages at the rate of 25% (twenty five percent) of the Tariff, which shall be deducted from the Monthly Bills.
Appears in 18 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
