Despatch of Contracted Capacity. 13.1.1 The Utility shall, in accordance with Applicable Laws, issue instructions to the Aggregator for production of electricity and despatch thereof to the Grid during such period and in such volume as it may specify in its instructions (the “Despatch”). Provided that the Utility shall not Despatch in excess of the Contracted Capacity, unless mutually agreed between the Parties. For the avoidance of doubt, the Parties agree that the Utility may, in its discretion, direct the Aggregator to Despatch on its behalf, all or part of the Contracted Capacity, in favour of the third parties designated by it from time to time on the express understanding that the payment therefor shall be made by the Utility to the Aggregator as if the electricity has been Despatched in favour of the Utility. 13.1.2 Pursuant to the provisions of Clause 13.1.1, the Aggregator shall cause the Supplier to plan the production and Despatch of electricity and convey its availability for scheduling thereof by the SLDC or RLDC, as the case may be, and shall supply electricity in accordance with the provisions of the Grid Code and the Act. 13.1.3 In the event the Aggregator schedules any electricity, produced from Contracted Capacity, for sale to Buyers in breach of this Agreement, the Aggregator shall pay Damages equal to the higher of: (a) twice the Fixed Charge; and (b) the entire sale revenue accrued from Buyers. For the avoidance of doubt, no Fixed Charge or any amount in lieu thereof shall be due or payable to the Aggregator for and in respect of any electricity sold hereunder.
Appears in 3 contracts
Sources: Power Supply Agreement, Power Supply Agreement, Power Supply Agreement
Despatch of Contracted Capacity. 13.1.1 14.1.1 The Utility shall, in accordance with Applicable Laws, issue instructions to the Aggregator Supplier for production of electricity and despatch thereof to the Grid during such period and in such volume as it may specify in its instructions (the “Despatch”). Provided that the Utility shall not Despatch in excess of the Contracted Capacity, unless mutually agreed between the Parties. For the avoidance of doubt, the Parties agree that the Utility may, in its discretion, direct the Aggregator Supplier to Despatch on its behalf, all or part of the Contracted Capacity, in favour of the third parties designated by it from time to time on the express understanding that the payment therefor shall be made by the Utility to the Aggregator Supplier as if the electricity has been Despatched in favour of the Utility.
13.1.2 14.1.2 Pursuant to the provisions of Clause 13.1.114.1.1, the Aggregator [Supplier shall if the Supplier is NOT a Trading Licensee, or Supplier shall cause the Supplier to Developer to] plan the production and Despatch of electricity and convey its availability for scheduling thereof by the SLDC or RLDC, as the case may be, and shall supply electricity in accordance with the provisions of the Grid Code and the Act.
13.1.3 14.1.3 In the event the Aggregator Supplier schedules any electricity, produced from Contracted Capacity, for sale to Buyers in breach of this Agreement, the Aggregator Supplier shall pay Damages equal to the higher of: (a) twice the Fixed Charge; and (b) the entire sale revenue accrued from Buyers. For the avoidance of doubt, no Fixed Charge or any amount in lieu thereof shall be due or payable to the Aggregator Supplier for and in respect of any electricity sold hereunder.
Appears in 2 contracts
Sources: Procurement Agreement, Procurement Agreement
Despatch of Contracted Capacity. 13.1.1 The Utility 14.1.1 GRIDCO shall, in accordance with Applicable Laws, issue instructions to the Aggregator Supplier for production of electricity and despatch thereof to the Grid during such period and in such volume as it may specify in its instructions (the “Despatch”). Provided that the Utility GRIDCO shall not Despatch in excess of the Contracted Capacity, unless mutually agreed between the Parties. For the avoidance of doubt, the Parties agree that the Utility GRIDCO may, in its discretion, direct the Aggregator Supplier to Despatch on its behalf, all or part of the Contracted Capacity, in favour of the third parties designated by it from time to time on the express understanding that the payment therefor shall be made by the Utility GRIDCO to the Aggregator Supplier as if the electricity has been Despatched in favour of the UtilityGRIDCO.
13.1.2 14.1.2 Pursuant to the provisions of Clause 13.1.114.1.1, the Aggregator [Supplier shall if the Supplier is NOT a Trading Licensee, or Supplier shall cause the Supplier to Developer to] plan the production and Despatch of electricity and convey its availability for scheduling thereof by the SLDC or RLDC, as the case may be, and shall supply electricity in accordance with the provisions of the Grid Code and the Act.
13.1.3 14.1.3 In the event the Aggregator Supplier schedules any electricity, produced from Contracted Capacity, for sale to Buyers in breach of this Agreement, the Aggregator Supplier shall pay Damages equal to the higher of: (a) twice the Fixed Charge; and (b) the entire sale revenue accrued from Buyers. For the avoidance of doubt, no Fixed Charge or any amount in lieu thereof shall be due or payable to the Aggregator Supplier for and in respect of any electricity sold hereunder. However, if GRIDCO does not schedule the full or part of Contracted Capacity, Supplier may sell the same through the power exchange in line with the applicable rules issued by the Ministry of Power, as amended from time to time.
Appears in 1 contract
Sources: Procurement Agreement
Despatch of Contracted Capacity. 13.1.1 14.1.1 The Utility shall, in accordance with Applicable Laws, issue instructions to the Aggregator for production of electricity and despatch thereof to the Grid during such period and in such volume as it may specify in its instructions (the “Despatch”). Provided that the Utility shall not Despatch in excess of the Contracted Capacity, unless mutually agreed between the Parties. For the avoidance of doubt, the Parties agree that the Utility may, in its discretion, direct the Aggregator to Despatch on its behalf, all or part of the Contracted Capacity, in favour of the third parties designated by it from time to time on the express understanding that the payment therefor shall be made by the Utility to the Aggregator as if the electricity has been Despatched in favour of the Utility.
13.1.2 14.1.2 Pursuant to the provisions of Clause 13.1.114.1.1, the Aggregator shall cause the Supplier to plan the production and Despatch of electricity and convey its availability for scheduling thereof by the SLDC or RLDC, as the case may be, and shall supply electricity in accordance with the provisions of the Grid Code and the Act.
13.1.3 14.1.3 In the event the Aggregator schedules any electricity, produced from Contracted Capacity, for sale to Buyers in breach of this Agreement, the Aggregator shall pay Damages equal to the higher of: (a) twice the Fixed Charge; and (b) the entire sale revenue accrued from Buyers. For the avoidance of doubt, no Fixed Charge or any amount in lieu thereof shall be due or payable to the Aggregator for and in respect of any electricity sold hereunder.
Appears in 1 contract
Sources: Power Supply Agreement
Despatch of Contracted Capacity. 13.1.1 The Utility shall, in accordance with Applicable Laws, issue instructions to the Aggregator for production of electricity and despatch thereof to the Grid during such period and in such volume as it may specify in its instructions (the “Despatch”). Provided that the Utility shall not Despatch in excess of the Contracted Capacity, unless mutually agreed between the Parties. For the avoidance of doubt, the Parties agree that the Utility may, in its discretion, direct the Aggregator to Despatch on its behalf, all or part of the Contracted Capacity, in favour of the third parties designated by it from time to time on the express understanding that the payment therefor shall be made by the Utility to the Aggregator as if the electricity has been Despatched in favour of the Utility.
13.1.2 Pursuant to the provisions of Clause 13.1.1, the Aggregator shall cause the Supplier to plan the production and Despatch of electricity and convey its availability for scheduling thereof by the SLDC or RLDC, as the case may be, and shall supply electricity in accordance with the provisions of the Grid Code and the Act.
13.1.3 In the event the Aggregator schedules any electricity, produced from Contracted Capacity, for sale to Buyers in breach of this Agreement, the Aggregator shall pay Damages equal to the higher of: (a) twice the Fixed ChargeTariff; and (b) the entire sale revenue accrued from Buyers. For the avoidance of doubt, no Fixed Charge Tariff or any amount in lieu thereof shall be due or payable to the Aggregator for and in respect of any electricity sold hereunder.
Appears in 1 contract
Sources: Power Supply Agreement