How to create a Power Purchase Agreement (PPA) for the purchase of electricity from a generation facility that is connected to the main grid? Check out this standardized PPA for main grid connection between the buyer and the seller now.
This Standardized Power Purchase Agreements for Main Grid Connection gives you a good insight into what articles are important to describe in such an agreement. The following articles are important to have:
ARTICLE 1. Definitions
ARTICLE 2. Sale and Purchase of the Buyer's Entitlement
ARTICLE 3. Term; Termination; Default
ARTICLE 4. Interconnection; Operation; Metering
ARTICLE 5. Billing and Payment
ARTICLE 6. Force Majeure
ARTICLE 7. Relationship of Parties; Limitation of Liability; Indemnification
ARTICLE 8. Dispute Resolution
ARTICLE 9. Delegation and Assignment; Restructuring
ARTICLE 10. Representations and Warranties
ARTICLE 11. Miscellaneous
FIRST SCHEDULE. Tariffs for Delivery of the Buyer's Entitlement
SECOND SCHEDULE. Facility Description
THIRD SCHEDULE. Grid Interconnection Requirements
This sample PPA will help you establish confidence with your stakeholders and is an important document to get the project starting.
Feel free to download our basic or advanced template designs, they are intuitive and in several kinds of formats, such as PDF, WORD, XLS (EXCEL including formulas and can calculate sums automatically), etc. There is also a sample of a small PPA agreement template
Download this professional PPA template now that is used in Tanzania. Using this Power sector template guarantees you will save time, cost and efforts and helps you to finish your agreement quicker and start your project faster!