Sale of Electricity. Throughout the Operations Period, subject to the terms and conditions of this Agreement, Provider shall sell to Host and Host shall buy from Provider all electric energy produced by the Project, whether or not Host is able to use all such electric energy. The Point of Delivery of the electric energy shall be as indicated in Exhibit E. Title to and risk of loss with respect to the energy shall transfer from Provider to Host at the Point of Delivery. Provider shall own the Capacity Value of the Project. The Provider shall sell the capacity of the Project into the Forward Capacity Market (FCM) by the later of twelve (12) months from the Commercial Operation Date or the first date available to participate in the Forward Capacity Auction (FCA); if not, the Provider relinquishes ownership of the Capacity Value of the Project to the Host. The interconnection point of Project with the Local Electric Utility shall be indicated in Exhibit E.
Sale of Electricity. Seller shall sell and Purchaser shall purchase all of the electricity generated and delivered to the Point of Delivery, defined herein, by Seller at its facility for generation of electric power ("the Plant") to be located on land leased from Purchaser which land is more particularly described in Exhibit A, attached hereto and incorporated herein by this reference. Said Plant shall have nameplate rating of 5MW (net-maximum) and shall be fueled by geothermal energy.
Sale of Electricity. The sale of electricity generated by the Power Plant shall be made pursuant to the Operation and Offtake Contract entered into by and between the Company and the Anhui Provincial Electric Power Company.
Sale of Electricity. Subject to the terms and conditions of this Agreement, the Existing Contract, and the Tariff, including the Green Tariff, Company shall sell to UK and UK shall buy from Company all electric energy required by UK at the UK Location. Company shall sell such electric energy to UK in compliance with all requirements of Company. The electric energy shall be provided from Company’s electric system to UK at the location of Company’s meters on the UK Location.
Sale of Electricity. The electricity sale by the Company and its subsidiaries to Huaneng Group and its subsidiaries and associates is mainly attributable to the demand for participation in the electricity market transactions by local government(s) and electricity trading centres organised in their respective regions. The 2021 Huaneng Group Framework Agreement did not provide for such transaction. During the period from 1 January 2021 to 30 September 2021, the transaction amount in respect of the sale of electricity by the Company and its subsidiaries to Huaneng Group and its subsidiaries and associates was approximately RMB0. It is expected that the accumulative transaction amount for the sale of electricity by the Company and its subsidiaries to Huaneng Group and its subsidiaries and associates in 2021 will not exceed the level that can be exempt from disclosure requirement under the Hong Kong Listing Rules. The Company will closely monitor the relevant transaction amount so as to meet the compliance requirements under the Hong Kong Listing Rules. According to the Huaneng Group Framework Agreement, the transaction amount with respect to the sale of electricity by the Company and its subsidiaries to Huaneng Group and its subsidiaries and associates in 2022 is estimated to be RMB100 million. Such cap is estimated on the basis of the operation targets of power plants and electricity sales companies of the Company to be achieved and the principle of maximising the Company’s interests, according to the trading rules promulgated by the government, sale of electricity to power-consuming enterprises or electricity sales companies of related persons by power plants or electricity sales companies of the Company. Pursuant to the current transaction settlement method, the Company and its subsidiaries sell electricity to users of related persons (including Huaneng Group and its subsidiaries and associates) or electricity sales companies, and settle through the grid enterprises in accordance with the contractual agreement between the parties to the transaction. There is no actual settlement relationship between the Company and its connected persons (including Huaneng Group and its subsidiaries and associates), and the transaction amount is determined according to the contractual terms of both parties to the transaction. The Board (including the independent non-executive Directors) is of the view that the transactions for sale of electricity to Huaneng Group and its subsidiaries and associa...
Sale of Electricity. Subject to the terms and conditions of this Agreement, the Existing Contract, and the Tariff, including the Green Tariff, Company shall sell to Customer and Customer shall buy from Company all electric energy required by Customer. Company shall sell such electric energy to Customer in compliance with all requirements of Company. The electric energy shall be provided from Company’s electric system to Customer at the location of Company’s meters on the Customer’s Location.
Sale of Electricity. Subject to the terms and conditions of this Agreement, the Existing Contract, and the Tariff, including the Green Tariff, Company shall sell to Dow and Dow shall buy from Company all electric energy required by Dow at the Dow Location. Company shall sell such electric energy to Dow in compliance with all requirements of Company. The electric energy shall be provided from Company’s electric system to Dow at the location of Company’s meters on the Dow’s Location. h measurement shall be in terms he Existing Contract (“Contract
Sale of Electricity. Throughout the Operations Period "
Sale of Electricity. Throughout the Operations Period, subject to the terms and conditions of this Agreement, [PROVIDER COMPANY] shall sell to [COMPANY 1] and [COMPANY 1] shall buy from [PROVIDER COMPANY] all electric energy produced by the Project, whether or not [COMPANY 1] is able to use all such electric energy. The Point of Delivery of the electric energy shall be as indicated in [EXHIBIT E]. Title to and risk of loss with respect to the energy shall transfer from [PROVIDER COMPANY] to [COMPANY 1] at the Point of Delivery.
Sale of Electricity. You agree to purchase from us on an exclusive basis (except as provided in Section 16 below), and we agree to supply, or caused to be supplied, all of your electricity requirements for the account(s) identified in the Account Schedule attached hereto (which we refer to in this Agreement as the “Account(s)” pursuant to the terms of this Agreement). By signing this Agreement, you authorize us to enroll your Account(s) with your Utility so that we can provide supply to you. You will take such actions as we request to allow us to enroll your Account(s) in a timely manner. You will also give us the authority to supply you with electricity from whatever source we choose. We shall have no obligation to enroll or supply electricity to any account(s) not identified on the Account Schedule. This product includes all electricity delivered to the Delivery Point(s) necessary to meet your requirements and all associated scheduling, coordinating, balancing, ancillary services and wholesale transmission services and charges, necessary in connection with supplying such electricity requirements. The contract prices do not include or cover any Delivery Charges for transmission, distribution and related services, Taxes, or any other costs as specifically excluded as set for in this Agreement. “Delivery Charges” mean those amounts payable by you for services provided by the Utility, ISO or other third parties. The prices set forth in the Account Schedule are for the existing term of this Agreement and only subject to change if there is a change in law, market structure, and/or your electricity needs or classifications, as described in Section 7 of this Agreement, including but not limited to changes by the Utility of the designated rate class for any Account(s). “Pass-Through Charges” include Taxes (unless you are Tax exempt as provided for herein), Delivery Charges, and certain other pass-through charges as set forth in this Agreement and are charged to you as a Pass-Through, which means they will change during the existing term of this Agreement if and as the related charges assessed or charged to us vary for any reason, including but not limited to the types of changes described herein.
