Available Relief for a Force Majeure Event. 8.2.1 No Party shall be in breach of its obligations pursuant to this agreement to the extent that the performance of its obligations was prevented, hindered or delayed due to a Force Majeure event. However, adjustment in tariff shall not be allowed on account of Force Majeure event. Govt. of India from time to time has been issuing Order for waiver of ISTS charges and losses on transmission of renewable power. In case the commissioning of the Project is before the date of ISTS waiver as amended from time to time and if commissioning of the Project gets delayed beyond such date due to Force Majeure Event, then the liability of ISTS charges would be on JIL. However, in case the commissioning is delayed beyond the applicable date of ISTS waiver due to reasons attributable to the Wind Solar Power Generator, then the entire liability would be of the Wind Solar Power Generator. 8.2.2 For avoidance of doubt, neither Party’s obligation to make payments of money due and payable prior to occurrence of Force Majeure events under this Agreement shall be suspended or excused due to the occurrence of a Force Majeure Event in respect of such Party. The event specified at Article 8.1(a) (xi) above and consequent delay shall be treated as delay beyond the control of the parties and both parties shall be eligible for suitable time extension in the SCD.
Appears in 2 contracts
Sources: Power Purchase Agreement (Ppa), Power Purchase Agreement (Ppa)
Available Relief for a Force Majeure Event. 8.2.1 No Party shall be in breach of its obligations pursuant to this agreement to the extent that the performance of its obligations was prevented, hindered or delayed due to a Force Majeure event. However, adjustment in tariff shall not be allowed on account of Force Majeure event. Govt. of India from time to time has been issuing Order for waiver of ISTS charges and losses on transmission of renewable wind power. In case the commissioning SCOD of the Project is before the date of ISTS waiver as amended from time to time and if commissioning of the Project gets delayed beyond such date due to Force Majeure Event, then the liability of ISTS charges would be on JILshared between the WPG and GUVNL in the ratio of 50:50. However, in case the commissioning is delayed beyond the applicable date of ISTS waiver due to reasons attributable to the Wind Solar Power GeneratorWPG, then the entire liability would be of the Wind Solar Power GeneratorWPG.
8.2.2 For avoidance of doubt, neither Party’s obligation to make payments of money due and nor payable prior to occurrence of Force Majeure events under this Agreement shall be suspended or excused due to the occurrence of a Force Majeure Event in respect of such Party. The event specified at Article 8.1(a) (xi) above and consequent delay shall be treated as delay beyond the control of the parties and both parties shall be eligible for suitable time extension in the SCDSCOD.
Appears in 1 contract
Sources: Power Purchase Agreement
Available Relief for a Force Majeure Event. 8.2.1 No Party shall be in breach of its obligations pursuant to this agreement to the extent that the performance of its obligations was prevented, hindered or delayed due to a Force Majeure event. However, adjustment in tariff shall not be allowed on account of Force Majeure event. Govt. of India from time to time has been issuing Order for waiver of ISTS charges and losses on transmission of renewable wind power. In case the commissioning SCOD of the Project is before the date of ISTS waiver as amended from time to time and if commissioning of the Project gets delayed beyond such date due to Force Majeure Event, then the liability of ISTS charges would be on JILshared between the WPG and GUVNL in the ratio of 50:50. However, in case the commissioning is delayed beyond the applicable date of ISTS waiver due to reasons attributable to the Wind Solar Power GeneratorWPG, then the entire liability would be of the Wind Solar Power GeneratorWPG.
8.2.2 For avoidance of doubt, neither Party’s obligation to make payments of money due and payable prior to occurrence of Force Majeure events under this Agreement shall be suspended or excused due to the occurrence of a Force Majeure Event in respect of such Party. The event specified at Article 8.1(a) (xi) above and consequent delay shall be treated as delay beyond the control of the parties and both parties shall be eligible for suitable time extension in the SCD.
Appears in 1 contract
Sources: Power Purchase Agreement (Ppa)
Available Relief for a Force Majeure Event. 8.2.1 No Party shall be in breach of its obligations pursuant to this agreement to the extent that the performance of its obligations was prevented, hindered or delayed due to a Force Majeure event. However, adjustment in tariff shall not be allowed on account of Force Majeure event. Govt. of India from time to time has been issuing Order for waiver of ISTS charges and losses on transmission of renewable wind power. In case the commissioning SCOD of the Project is before the date of ISTS waiver as amended from time to time and if commissioning of the Project gets delayed beyond such date due to Force Majeure Event, then the liability of ISTS charges would be on JILshared between the WPG and GUVNL in the ratio of 50:50. However, in case the commissioning is delayed beyond the applicable date of ISTS waiver due to reasons attributable to the Wind Solar Power GeneratorWPG, then the entire liability would be of the Wind Solar Power GeneratorWPG.
8.2.2 For avoidance of doubt, neither Party’s obligation to make payments of money due and payable prior to occurrence of Force Majeure events under this Agreement shall be suspended or excused due to the occurrence of a Force Majeure Event in respect of such Party. The event specified at Article 8.1(a) (xi) above and consequent delay shall be treated as delay beyond the control of the parties and both parties shall be eligible for suitable time extension in the SCDSCOD.
Appears in 1 contract
Sources: Power Purchase Agreement