Examples of Contracted Capacity in a sentence
Subject to the terms and conditions of this Agreement, the Solar Power Developer undertakes to sell to APDCL and APDCL subject to Clause 5.6 below, undertakes to purchase all the powers supplied at the Delivery Point corresponding to the Contracted Capacity.
The Parties agree that in the event the order of adoption of tariff/ Contracted Capacity approval as mentioned above is not issued by the Appropriate Commission/ SERC within the time specified above, this shall entail a corresponding extension in the Scheduled Commencement of Supply Date (SCSD) of the Projects for equal number of days for which the Appropriate Commission’s/ SERC’s order has been delayed beyond the above deadline.
Thus, the compensation would be limited to the difference of the actual generation up to declared capacity subject to a maximum of up to the Contracted Capacity and the quantum of power scheduled by the Buying Entity.