Ramp up of Despatch. In the event GRIDCO Despatches less than 2% (two per cent) of Contracted Capacity at any time and requires ramping up of generation thereafter, it shall allow a period of 4 (four) hours to the Supplier for reaching Availability equal to the Contracted Capacity. For the avoidance of doubt, the Parties agree that in the event the Supplier fails to reach such Availability within 4 (four) hours, the shortfall thereof shall be deemed to be Mis- declaration under the provisions of Clause 11.5.5. The Parties further agree that the liability of GRIDCO hereunder shall at all times be reckoned with reference to the Contracted Capacity.
Appears in 1 contract
Sources: Procurement Agreement
Ramp up of Despatch. In the event GRIDCO Despatches less than 2% (two per cent) of Contracted Capacity at any time and requires ramping up of generation thereafter, it shall allow a period of 4 (four) hours to the Supplier for reaching Availability equal to the Contracted Capacity. For the avoidance of doubt, the Parties agree that in the event the Supplier fails to reach such Availability within 4 (four) hours, the shortfall thereof shall be deemed to be Mis- Mis-declaration under the provisions of Clause 11.5.5. The Parties further agree that the liability of GRIDCO hereunder shall at all times be reckoned with reference to the Contracted Capacity.
Appears in 1 contract
Sources: Procurement Agreement