Examples of Procurer in a sentence
In case the Procurer purchases the excess generation, excess generation over and above 10% of declared annual CUF, the same may be done at 75% of the PPA tariff.
However, the Procurer will be obliged to buy power only within the range of CUF, specified in the PPA.
They will be required to submit this data to Procurer and MNRE or any other designated agency on line and/or through a report on regular basis every month for the entire duration of PPA.
In case the availability is more than the maximum CUF i.e over and above 10% of declared CUF by Solar Power Generator, the Solar Power Generator will be free to sell it to any other entity, however first right of refusal will vest with the Procurer.
In case the availability is more than the maximum CUF i.e over and above 10% of declared CUF by Solar Power Generator, the Solar Power Generator will be free to sell it to any other entity provided first right of refusal will vest with the Procurer.