Common use of Round Trip Efficiency Clause in Contracts

Round Trip Efficiency. The BESSD shall maintain AC to AC roundtrip efficiency (RtE) of system on a monthly basis. Calculation of Round-Trip Efficiency shall be as per the methodology specified in RfS. The BESSD shall be liable for liquidated damages, if any, as per following criteria: (i) For 70% ≤ RtE < 85% there shall be a liquidated damage levied @ Rs. APPC charge of previous financial year of GUVNL of excess conversion losses considering system RtE = 85% (ii) For RtE <70%, there shall be a liquidated damage levied @ APPC charge of previous financial year of the Discoms of excess conversion losses considering system RtE = 85% , and tariff payment for the corresponding month shall not be made to the BESSD. (iii) For RtE > 85%, there shall be incentive @Rs. 0.50 per unit of excess discharge of energy considering system RtE = 85%

Appears in 1 contract

Samples: Battery Energy Storage Purchase Agreement

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Round Trip Efficiency. The BESSD shall maintain AC to AC roundtrip efficiency (RtE) of system on a monthly basis. Calculation of Round-Trip Efficiency shall be as per the methodology specified in RfS. The BESSD shall be liable for liquidated damages, if any, as per following criteria: (i) For 70% ≤ RtE < 85% there shall be a liquidated damage levied @ Rs. APPC charge of previous financial year of GUVNL the Discoms of excess conversion losses considering system RtE = 85% (ii) For RtE <70%, there shall be a liquidated damage levied @ APPC charge of previous financial year of the Discoms of excess conversion losses considering system RtE = 85% , and tariff payment for the corresponding month shall not be made to the BESSD. (iii) For RtE > 85%, there shall be incentive @Rs. 0.50 per unit of excess discharge of energy considering system RtE = 85%

Appears in 1 contract

Samples: Battery Energy Storage Purchase Agreement

Round Trip Efficiency. The BESSD shall maintain AC to AC roundtrip efficiency (RtE) of system on a monthly basis. Calculation of Round-Trip Efficiency shall be as per the methodology specified in RfS. The BESSD shall be liable for liquidated damages, if any, as per following criteria: (i) For 70% ≤ RtE < 85% there shall be a liquidated damage levied @ Rs. APPC charge of previous financial year of GUVNL the Discoms of excess conversion losses considering system RtE = 85% (ii) For RtE <70%, there shall be a liquidated damage levied @ APPC charge of previous financial year of the Discoms of excess conversion losses considering system RtE = 85% , and tariff payment for the corresponding month shall not be made to the BESSD. (iii) For RtE > 85%, there shall be incentive @Rs. 0.50 per unit of excess discharge of energy considering system RtE = 85%

Appears in 1 contract

Samples: Battery Energy Storage Purchase Agreement

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Round Trip Efficiency. The BESSD shall maintain AC to AC roundtrip efficiency (RtE) of system on a monthly basis. Calculation of Round-Trip Efficiency shall be as per the methodology specified in RfS. Schedule- A. The BESSD shall be liable for liquidated damages, if any, as per following criteria: (i) For 70% ≤ RtE < 85% there shall be a liquidated damage levied @ Rs. APPC charge of previous financial year of GUVNL of excess conversion losses considering system RtE = 85% (ii) For RtE <70%, there shall be a liquidated damage levied @ APPC charge of previous financial year of the Discoms of excess conversion losses considering system RtE = 85% , and tariff payment for the corresponding month shall not be made to the BESSD. (iii) For RtE > 85%, there shall be incentive @Rs. 0.50 per unit of excess discharge of energy considering system RtE = 85%

Appears in 1 contract

Samples: Battery Energy Storage Purchase Agreement

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