Right to Contracted Capacity Sample Clauses

Right to Contracted Capacity. Energy ESCOM, at any time during a Contract Year, shall not be obliged to purchase any additional energy from the Developer beyond Million kWh (MU) [Insert value of energy generated corresponding to a maximum CUF of 26% (twenty six percent) 11for solar PV projects (new projects)]. If for any Contract Year, it is found that the Developer has not been able to generate minimum energy of Million kWh (MU) [Insert value of energy generated corresponding to a CUF of 14% (fourteen percent)12 for solar PV (new projects)], on account of reasons solely attributable to the Developer, the noncompliance by Developer shall make Developer liable to pay the 11 As per Addendum-7 dated 03 Jan 2018 12 As per Addendum-7 dated 03 Jan 2018 compensation to the13 ESCOM. The amount of compensation shall be computed at the rate equal to 50%14 of the applicable tariff. In case of purchase of any excess energy, Purchase of any excess energy, beyond the energy generated corresponding to a maximum CUF of 26% (twenty six percent)15 for solar PV (new projects) shall be charged at a rate equivalent to 75% of PPA tariff or 75% of the16 applicable APPC charges, whichever is less17, provided first right of refusal will vest with the ESCOMs. In case of off-take constraint due to transmission infrastructure or grid unavaialbility, The Developer and ESCOM shall follow the forecasting and scheduling process as per the regulations in this regard by KERC.18 For part commissioning, Part commissioning shall mean commissioning of minimum 10 MW (AC) in a Taluka/ Legislative Constituency by the successful Bidder out of the total capacity allotted to the successful Bidder in that Taluka/ Legislative Constituency.19 13 As per Addendum-6 dated 29 Dec 2017 14 As per Addendum-6 dated 29 Dec 2017 15 As per Addendum-7 dated 03 Jan 2018 16 As per Addendum-6 dated 29 Dec 2017 17 As per Addendum-6 dated 29 Dec 2017 18 As per Addendum-6 dated 29 Dec 2017 19 Addendum-1 dated 16 Dec 2017 For part commissioning, the purchase of such generation shall be settled at a rate equivalent to 75% of PPA tariff or applicable APPC charges, whichever is minimum, provided first right of refusal will vest with the ESCOMs. In the case of part commissioning, the Bidder may have the opportunity to submit a revised Performance Security equivalent to the remaining un- commissioned capacity. On submission of revised Performance Security from the successful Bidder, the previous Performance Security will be returned within thirty (30) day...
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Right to Contracted Capacity. Procurer, at any time during the Term of this Agreement, shall not be obliged to procure additional capacity from the Developer apart from the Contracted Capacity.
Right to Contracted Capacity. Energy” of the PPA is complied with. For commissioning of the Project, cumulative capacity of DC arrays and cumulative capacity of the inverters & cumulative capacity of interconnected Power Transformer installed shall be considered. In case of part commissioning of the Project, it shall be required to have the DC Arrays Capacity, capacity of inverters & interconnected Power Transformer capacity be installed not less than the proposed part commissioning capacity. If generation at any time block found exceeded the maximum permissible AC capacity at the delivery point, the excess generation during that period may not be considered under PPA.
Right to Contracted Capacity. ESCOM, at any time during a Contract Year, shall not be obliged to procure additional capacity from the PHSP Developer apart from the Contracted Capacity.
Right to Contracted Capacity. 4.4.1 SECI, in any Contract Year except for the Contract Year ending on 31st March immediately after COD of the Project, shall not be obliged to off-take any capacity beyond / over and above Contracted Capacity. Moreover, during a day in any Contract year, BESSD shall not be asked as well as BESSD shall not be allowed to schedule for more than 2 Cycles / day. For the purpose of this Agreement, Cycle shall mean charging of the XXXX upto the Contracted capacity followed by discharge of such stored energy including any intervening resting period as specified in the RfS Document. The BESSD shall not use the Contracted Capacity for any purpose other than that specified in this Agreement.

Related to Right to Contracted Capacity

  • Independent Capacity of Contractor The Contractor and Contractor Parties shall act in an independent capacity and not as officers or employees of the state of Connecticut or of the Agency.

  • INDEPENDENT CAPACITY The employees or agents of each party who are engaged in the performance of this Agreement shall continue to be employees or agents of that party and shall not be considered for any purpose to be employees or agents of the other party.

  • Legal Capacity All parties to the Mortgage Note and the Mortgage had legal capacity to enter into the Mortgage Loan and to execute and deliver the Mortgage Note and the Mortgage, and the Mortgage Note and the Mortgage have been duly and properly executed by such parties. The Mortgagor is a natural person;

  • Maximum Capacity The Sick Leave Bank shall accumulate unused Bank days from year to year to a maximum capacity which shall not exceed double the number of eligible employees as defined in the above Section C, Eligibility for Membership.

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