Common use of Despatch of Contracted Capacity Clause in Contracts

Despatch of Contracted Capacity. 13.1.1 MCGM shall, in accordance with Applicable Laws, issue instructions to the Concessionaire 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 Concessionaire shall not Despatch in excess of the Contracted Capacity, unless mutually agreed between the Parties. For the avoidance of doubt, the Parties agree that MCGM may, in its discretion, direct the Concessionaire 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 MCGM to the Concessionaire as if the electricity has been Despatched in favour of MCGM. 13.1.2 Pursuant to the provisions of Clause 13.1.1, the Concessionaire 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 Concessionaire schedules any electricity, produced from Contracted Capacity, for sale to Buyers in breach of this Agreement, the Concessionaire shall pay Damages equal to the higher of: (a) twice the entire sale revenue accrued from Buyers.

Despatch of Contracted Capacity. 13.1.1 MCGM shall, The Concessionaire shall in accordance with Applicable LawsLaws including the Grid Code and the Act, issue instructions to schedule the Concessionaire for production of electricity and despatch thereof to the Grid during such period and in such volume as it may specify in its instructions per the schedule provided by the Concessionaire to the RLDC and/or the SLDC (the “Despatch”). Provided that the Concessionaire shall not Despatch in excess of the Contracted Capacity, unless mutually agreed between the Parties. For the avoidance of doubt, the Parties agree that MCGM NMMC may, in its discretion, direct the Concessionaire 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 (with prior intimation of 3 (three) business days to the Concessionaire) on the express understanding that the payment therefor shall be made by MCGM NMMC to the Concessionaire as if the electricity has been Despatched in favour of MCGMNMMC. 13.1.2 Pursuant to the provisions of Clause Article 13.1.1, the Concessionaire shall plan the production and Despatch of electricity and convey its availability for scheduling thereof by to the appropriate 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 Concessionaire schedules any electricity, produced from Contracted Capacity, for sale to Buyers in breach of this Agreement, the Concessionaire shall pay Damages equal to the higher of: (a) twice the entire sale revenue accrued from Buyers.