Excess Generation. In case the availability is more than the maximum effective CUF specified, HYBRID POWER DEVELOPER will be free to sell it to any other entity provided first right of refusal will vest with MSEDCL. In case MSEDCL purchases the excess generation, over and above 10% of declared annual effective CUF, purchase shall be 75% of the PPA tariff. MSEDCL shall inform the Hybrid Power Developer for procurement of excess power within 15 days of receiving a written intimation from the Hybrid Power Developer for such excess generation. If in case MSEDCL fails to reply to the Hybrid Power Developer within the above stipulated time period then the Hybrid Power Developer shall be free to sell it to any other entity.
Appears in 3 contracts
Sources: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement