Common use of Reading of Meters Clause in Contracts

Reading of Meters. (a) The Metering System shall continuously read the Net Energy Output of the Plant. Measurements of the Net Energy Output (active & reactive), MW, frequency, voltage etc. shall be electronically recorded on half hourly basis and shall be used for preparing monthly invoice (unless otherwise mutually agreed upon) . In the event the Metering System is not in service due to repair, testing or maintenance by Company, then the electronic record of the Net Energy Output from the Back-Up Metering System shall be used and the Company shall deliver a copy of the Back-Up Metering System record to BPDB with the relevant Monthly invoice(s). (b) Verifications and true-up of the Metering System and the Back-Up Metering System records shall be carried out at the next Monthly reading of the Metering System. BPDB, at its discretion may, by giving forty-eight (48) hours notice to the Company, request joint recording of the reading of the Metering System for verifying the electronically obtained readings provided such requests cannot be for more than two joint recording of the readings in any Month.

Appears in 7 contracts

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

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Reading of Meters. (a) The Metering System shall continuously read the Net Energy Output of the Plant. Measurements of the Net Energy Output (active Output(active & reactive), MWkW, frequency, voltage etc. shall be electronically recorded on half hourly basis and shall be used for preparing monthly invoice (unless otherwise mutually agreed upon) . In the event the Metering System is not in service due to repair, testing or maintenance by Company, then the electronic record of the Net Energy Output from the Back-Up Metering System shall be used and the Company shall deliver a copy of the Back-Up Metering System record to BPDB with the relevant Monthly invoice(s). (b) Verifications and true-up of the Metering System and the Back-Up Metering System records for verifying the electronically obtained readings shall be carried out on the 1st day of each month at the next Monthly reading of the Metering System. BPDB, at its discretion may, 12:00 hrs (or any other day and time mutually agreed upon) by giving forty-eight (48) hours notice to the Company, request joint recording of the reading of the Metering System for verifying and the electronically obtained readings provided such requests cannot be for more than two joint recording of the readings in any MonthBack-Up Metering System by BPDB & Company (Joint Meter Reading & Verification Committee).

Appears in 6 contracts

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

Reading of Meters. (a) The Metering System shall continuously read the Net Energy Output of the Plant. Measurements of the Net Energy Output (active & reactive), MW, frequency, voltage etc. shall be electronically recorded on half hourly basis and shall be used for preparing monthly invoice (unless otherwise mutually agreed upon) . In the event the Metering System is not in service due to repair, testing or maintenance by Company, then the electronic record of the Net Energy Output from the Back-Up Metering System shall be used and the Company shall deliver a copy of the Back-Up Metering System record to BPDB with the relevant Monthly invoice(s). (b) Verifications and true-up of the Metering System and the Back-Up Metering System records for verifying the electronically obtained readings shall be carried out on the 1st day of each month at the next Monthly reading of the Metering System. BPDB, at its discretion may, 1200 hrs (or any other day and time mutually agreed upon) by giving forty-eight (48) hours notice to the Company, request joint recording of the reading of the Metering System for verifying and the electronically obtained readings provided such requests cannot be for more than two joint recording of the readings in any MonthBack-Up Metering System by BPDB & Company (Joint Meter Reading & Verification Committee).

Appears in 4 contracts

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

Reading of Meters. (a) The Metering System shall continuously read the Facility Net Energy Output of the Plant. Measurements of the Facility Net Energy Output (active & reactive), MW, frequency, voltage etc. shall be electronically recorded on half hourly basis and shall be used for preparing monthly invoice (unless otherwise mutually agreed upon) . In the event the Metering System is not in service due to repair, testing or maintenance by Company, then the electronic record of the Net Energy Output from the Back-Up Metering System shall be used and the Company shall deliver a copy of the Back-Up Metering System record to BPDB with the relevant Monthly invoice(s). (b) Verifications and true-up of the Metering System and the Back-Up Metering System records shall be carried out at the next Monthly reading of the Metering System. BPDB, at its discretion may, by giving forty-eight (48) hours notice to the Company, request joint recording of the reading of the Metering System for verifying the electronically obtained readings provided such requests cannot be for more than two joint recording of the readings in any Month.

Appears in 1 contract

Samples: Power Purchase Agreement

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Reading of Meters. (a) The Metering System shall continuously read the Net Energy Output of the Plant. Measurements of the Net Energy Output (active & reactive), MW, frequency, voltage etc. shall be electronically recorded on half hourly basis and shall be used for preparing monthly invoice (unless otherwise mutually agreed upon) ). In the event the Metering System is not in service due to repair, testing or maintenance by Company, then the electronic record of the Net Energy Output from the Back-Up Metering System shall be used and the Company shall deliver a copy of the Back-Up Metering System record to BPDB with the relevant Monthly invoice(s). (b) Verifications and true-up of the Metering System and the Back-Up Metering System records shall be carried out at the next Monthly reading of the Metering System. BPDB, at its discretion may, by giving forty-eight (48) hours notice to the Company, request joint recording of the reading of the Metering System for verifying the electronically obtained readings provided such requests cannot be for more than two joint recording of the readings in any Month.

Appears in 1 contract

Samples: Power Purchase Agreement

Reading of Meters. (a) The Metering System shall continuously read the Net Energy Output Electricity of the Plant. Measurements of the Net Energy Output (active Electricity(active & reactive), MWkW, frequency, voltage etc. shall be electronically recorded on half hourly basis and shall be used for preparing monthly invoice (unless otherwise mutually agreed upon) . In the event the Metering System is not in service due to repair, testing or maintenance by Company, then the electronic record of the Net Energy Output Electricity from the Back-Up Metering System shall be used and the Company shall deliver a copy of the Back-Up Metering System record to BPDB with the relevant Monthly invoice(s). (b) Verifications and true-up of the Metering System and the Back-Up Metering System records for verifying the electronically obtained readings shall be carried out on the 1st day of each month at the next Monthly reading of the Metering System. BPDB, at its discretion may, 1200 hrs (or any other day and time mutually agreed upon) by giving forty-eight (48) hours notice to the Company, request joint recording of the reading of the Metering System for verifying and the electronically obtained readings provided such requests cannot be for more than two joint recording of the readings in any MonthBack-Up Metering System by BPDB & Company (Joint Meter Reading & Verification Committee).

Appears in 1 contract

Samples: Power Purchase Agreement

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