Common use of Scheduling and Dispatch Clause in Contracts

Scheduling and Dispatch. 7.6.1 The SPV shall be required to schedule its power as per the applicable regulations/ requirements / guidelines of MERC and maintain compliance to the Grid Code requirements and directions, as specified by SLDC from time to time. Any deviation from the schedule will attract the provisions of applicable regulation / guidelines / directions and any financial implication on account of this, including payment of any unscheduled interchange charges shall be to the account of the SPV. 7.6.2 SPV shall be responsible for directly coordinating and dealing with MSEDCL, SLDC, and other authorities in all respects in regard to declaration of availability, scheduling and despatch of power and due compliance with deviation and settlement mechanism and the applicable Grid Code.

Appears in 17 contracts

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

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Scheduling and Dispatch. 7.6.1 The SPV shall be required to schedule its power as per the applicable regulations/ requirements / guidelines of MERC and maintain compliance to the Grid Code requirements and directions, as specified by SLDC from time to time. Any deviation from the schedule will attract the provisions of applicable regulation / guidelines / directions and any financial implication on account of this, including payment of any unscheduled interchange charges shall be to the account of the SPV. 7.6.2 The SPV shall be responsible for directly coordinating and dealing with MSEDCL, SLDC, and other authorities in all respects in regard to declaration of availability, scheduling and despatch of power and due compliance with deviation and settlement mechanism and the applicable Grid Code.

Appears in 1 contract

Samples: Power Purchase Agreement

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