Excess Generation. In case the availability is more than the maximum CUF specified, the Power Producer will be free to sell it to any other entity provided first right of refusal will vest with GUVNL. In case of excess generation, GUVNL shall reserve the right to purchase the excess generation at 75% (seventy-five per cent) of the PPA tariff.
Appears in 20 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement (Ppa)