Deviation Settlement Mechanism definition

Deviation Settlement Mechanism means and include the framework for energy accounting, Deviation Accounting, Rules for pricing of Deviation(s) payable and receivable by State Entities and other design parameters as specified under Regulation 6 of these Regulations.
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Deviation Settlement Mechanism means Central Electricity Regulatory Commission (Deviation Settlement Mechanism and related matters) Regulations, 2014 including any subsequent amendments thereof.
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Deviation Settlement Mechanism. : shall mean and include the framework for energy accounting, Deviation Accounting, Rules for pricing of Deviation(s) payable and receivable by State Entities and other design parameters;
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Examples of Deviation Settlement Mechanism in a sentence

  • The framework for Deviation Settlement Mechanism shall cover the following key design parameters, viz.

  • The Deviation Settlement Mechanism (DSM) rate vector will have a dynamic slope determined by joining the identified price points at 50 Hz. (daily simple average ACP), frequency of 49.85 Hz (Rs. 8 per unit) and 50.05 Hz (zero) on a daily basis.

  • Variations between actual net injection and scheduled net injection for the generating stations, and variations between actual net drawal and scheduled net drawal for the beneficiaries shall be treated as their respective deviations and charges for such deviations shall be governed by the Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related matters) Regulations, 2014, as amended from time to time or any subsequent re-enactment thereof.

  • Deviation Settlement Mechanism under these Regulations shall be applicable for all Buyer(s) including Distribution Licensee(s), Deemed Distribution Licensee(s) located in the State and Full Open Access Consumers connected to Intra-State Transmission system.

  • SPPD may make back to back arrangement with the solar project developers through a legally valid agreement that the solar project developers are the generators and must take responsibilities for Scheduling and Deviation Settlement Mechanism (DSM) charges as per CERC Regulations.

  • The SPDs are responsible for Scheduling and Deviation Settlement Mechanism (DSM) charges as per CERC Regulations and all liabilities related to LTA and Connectivity.

  • Overdrawal also leads to grid indiscipline warranting charges under Deviation Settlement Mechanism.

  • Response of DISCOMs Petitioners submitted that Deviation Settlement Mechanism, which was previously known as “Unscheduled Interchange”, charged for the deviation from the schedule.

  • State Volume Limit shall be linked to Volume Limit (L) applicable to the State as per the CERC (Deviation Settlement Mechanism and related matters) Regulations,2014 and its amendments thereof.

  • We will abide by TNERC (Forecasting, Scheduling, Deviation Settlement Mechanism and related matters for Wind and Solar Generating Stations) Regulations, 2019, as amended from time to time for all transactions.11.


More Definitions of Deviation Settlement Mechanism

Deviation Settlement Mechanism or "DSM" means and includes the following:
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Deviation Settlement Mechanism means and include the framework for energy accounting, deviation accounting, rules for pricing of deviation(s) payable andreceivable by the State entities and other design parameters as specified under Punjab State Electricity Regulatory Commission (Deviation Settlement Mechanism and related matters) Regulations, 2020 and/or Punjab State Electricity Regulatory Commission (Forecasting, Scheduling, Deviation Settlement and Related Matters of Solar and Wind Generation Sources) Regulations, 2019, as amended from time to time ;
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Deviation Settlement Mechanism means and include the framework for energy accounting, deviation accounting, rules for pricing of deviation(s) payable and receivable by the State entities and other design parameters as specified under DSM Regulations and/or F&S Regulations issued by the Commission;
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Deviation Settlement Mechanism or “DSM” means the settlement mechanism applicable as per the prevailing MERC regulations for deviations from schedule with the relevant charges being settled by the Solar Power Generator.
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Related to Deviation Settlement Mechanism

  • Default Settlement Method means Combination Settlement with a Specified Dollar Amount of $1,000 per $1,000 principal amount of Notes; provided, however, that the Company may, from time to time, change the Default Settlement Method by sending notice of the new Default Settlement Method to the Holders, the Trustee and the Conversion Agent.

  • Settlement Method means, with respect to any conversion of Notes, Physical Settlement, Cash Settlement or Combination Settlement, as elected (or deemed to have been elected) by the Company.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.

  • Physical Settlement shall have the meaning specified in Section 14.02(a).

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Cash Settlement shall have the meaning specified in Section 14.02(a).