Common use of Use of Fossil Fuel Clause in Contracts

Use of Fossil Fuel. 5.8.1 The use of fossil fuels shall be limited to the extent of 15% of total fuel consumption on monthly basis. 5.8.2 Non-compliance with the condition of fossil fuel usage by the bidder, during any month, shall render such bidder to be ineligible for tariff determined under this Rfs. The sale of power during the defaulting month shall be at a rate lower by Rs 0.50/kWh below the applicable tariff of the successful bidder determined under this Rfs.

Appears in 7 contracts

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

AutoNDA by SimpleDocs

Use of Fossil Fuel. 5.8.1 5.5.1 The use of fossil fuels shall be limited to the extent of 15% of total fuel consumption on monthly basis. 5.8.2 5.5.2 Non-compliance with the condition of fossil fuel usage by the bidder, during any month, shall render such bidder to be ineligible for tariff determined under this Rfs. The sale of power during the defaulting month shall be at a rate lower by Rs 0.50/kWh below the applicable tariff of the successful bidder determined under this Rfs.

Appears in 2 contracts

Samples: Power Purchase Agreement, Power Purchase Agreement

AutoNDA by SimpleDocs

Use of Fossil Fuel. 5.8.1 The use of fossil fuels shall be limited to the extent of 15% of total fuel consumption on monthly annual basis. 5.8.2 Non-compliance with the condition of fossil fuel usage by the bidder, during any month, shall render such bidder to be ineligible for tariff determined under this RfsPPA. The sale Purchase of power by MSEDCL during the defaulting month shall be at a rate lower by Rs 0.50Rs. 1/kWh (Rupees One per unit) below the applicable tariff of the successful bidder determined under this RfsPPA.

Appears in 1 contract

Samples: Power Purchase Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!