Common use of Compensation Charges Clause in Contracts

Compensation Charges. SPD shall have to pay Rs. 50,00,000/- (Rs. Fifty lakhs Only) for 50 MWAC (provisional till Nov 2017) calculated @ Rs. 1,00,000/- per MWAC to SPPD towards compensation for Horticultural trees/agricultural crops/yielding bore-▇▇▇▇▇/ drip irrigation/ sprinklers building etc. based on the assessment made by the Appropriate Authorities, subjected to a maximum ceiling limit of Rs.

Appears in 2 contracts

Sources: Implementation and Support Agreement, Implementation and Support Agreement