Common use of Criteria for Generation Clause in Contracts

Criteria for Generation. The annual effective CUF declared by the selected Hydro Power Generator at the time of submission of response to RfS, shall be allowed to be modified at the time of signing of PPA. Thereafter, the effective CUF for the Project shall remain unchanged for the entire term of the PPA. The declared effective CUF shall in no case be less than 20.5% over a year. Hybrid Power Developer shall maintain generation so as to achieve effective CUF in the range of ±10 % of their declared value during PPA duration. The lower limit will, however, be relaxable by MSEDCL to the extent of grid non-availability which is beyond the control of the Hybrid Power Developer. The annual effective CUF will be calculated every year from 1st April of the year to 31st March next year.

Appears in 3 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement