Common use of APPLICABLE TARIFF Clause in Contracts

APPLICABLE TARIFF. 1.1 The Tariff applicable for the sale of Wind Power by SECI to the Buying Entity under this Agreement shall be the Tariff as determined under the Electricity (Amendment) Rules, 2022 issued by Ministry of Power vide Gazette Resolution dated 29.12.2022, including applicable procedure/rules issued thereof, and in addition thereto a trading margin of Seven (7) paisa/kWh shall be payable by the Buying Entity to SECI which SECI shall be entitled to appropriate as its income. 1.2 As per provisions of the PPA, the WPDs are permitted for full as well as part commencement of power supply from the Project even prior to the SCSD. In case of early part/full commencement of power supply from the Project(s) prior to SCSD, Buying Entity may purchase the power at the Applicable tariff as per the PPA, plus SECI’s Trading Margin of Rs 0.07/kWh, (Seven Paisa per kWh)].

Appears in 2 contracts

Sources: Power Sale Agreement, Power Sale Agreement

APPLICABLE TARIFF. 1.1 The Tariff applicable for the sale of Wind Solar Power by SECI to the Buying Entity under this Agreement shall be the Tariff as determined under the Electricity (Amendment) Rules, 2022 issued by Ministry of Power vide Gazette Resolution dated 29.12.2022, including applicable procedure/rules issued thereof, and in addition thereto a trading margin of Seven (7) paisa/kWh shall be payable by the Buying Entity to SECI which SECI shall be entitled to appropriate as its income. 1.2 As per provisions of the PPA, the WPDs SPDs are permitted for full as well as part commencement of power supply from the Project even prior to the SCSD. In case of early part/full commencement of power supply from the Project(s) prior to SCSD, Buying Entity may purchase the power at the Applicable tariff as per the PPA, plus SECI’s Trading Margin of Rs 0.07/kWh, (Seven Paisa per kWh)].

Appears in 2 contracts

Sources: Power Sale Agreement, Power Sale Agreement

APPLICABLE TARIFF. 1.1 The Tariff applicable for the sale of Wind Hybrid Power by SECI to the Buying Entity under this Agreement shall be the Tariff as determined under the Electricity (Amendment) Rules, 2022 issued by Ministry of Power vide Gazette Resolution dated 29.12.2022, including applicable procedure/rules issued thereof, and in addition thereto a trading margin of Seven (7) paisa/kWh shall be payable by the Buying Entity to SECI which SECI shall be entitled to appropriate as its income. 1.2 As per provisions of the PPA, the WPDs HPDs are permitted for full as well as part commencement of power supply from the Project even prior to the SCSD. In case of early part/full commencement of power supply from the Project(s) prior to SCSD, Buying Entity may purchase the power at the Applicable tariff as per the PPA, plus SECI’s Trading Margin of Rs 0.07/kWh, (Seven Paisa per kWh)].

Appears in 1 contract

Sources: Power Sale Agreement

APPLICABLE TARIFF. 1.1 The Tariff applicable for the sale of Wind Solar Power by SECI to the Buying Entity under this Agreement shall be the Tariff as determined applicable for payment by SECI to the SPD under the Electricity terms of the Power Purchase Agreement between SECI and the SPD (AmendmentIndividual SPDs tariff as per Schedule B) Rules, 2022 issued by Ministry fixed for the entire term of Power vide Gazette Resolution dated 29.12.2022, including applicable procedure/rules issued thereof, agreement at delivery point and in addition thereto a trading margin of Seven (7) paisa/kWh shall be payable by the Buying Entity to SECI which SECI shall be entitled to appropriate as its income. 1.2 As per provisions of the PPA, the WPDs SPDs are permitted for full as well as part commencement of power supply from the Project even prior to the SCSD. In case of early part/full commencement of power supply from the Project(s) prior to SCSD, Buying Entity may purchase the power at the Applicable tariff as per the PPA, plus SECI’s Trading Margin of Rs 0.07/kWh, (Seven Paisa per kWh)].

Appears in 1 contract

Sources: Power Sale Agreement