Common use of Excess Generation Clause in Contracts

Excess Generation. In case the availability is more than the maximum CUF specified, the Solar Power Generator will be free to sell it to any other entity provided first right of refusal will vest with the Procurer. In case the Procurer purchases the excess generation, excess generation over and above 10% of declared annual CUF, the same may be done at 75% of the PPA tariff.

Appears in 2 contracts

Sources: Power Purchase Agreement, Power Purchase Agreement

Excess Generation. In case the availability is more than the maximum CUF specified, the Solar Power Generator Developer will be free to sell it to any other entity provided first right of refusal will vest with the Procurer. In case the Procurer purchases the excess generation, excess generation over and above 10% of declared annual CUF, the same may be done at 75% of the PPA tariff.

Appears in 1 contract

Sources: Power Purchase Agreement