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Power Purchase Agreement Wind
"I need a Wind Power Purchase Agreement for a 100MW wind farm project in East Java, Indonesia, where my company (PT Green Wind Energy) will be selling power to PLN, with expected commercial operation date in March 2025."
1. Parties: Identification of the power producer (seller) and the power purchaser (typically PLN in Indonesia)
2. Background: Context of the agreement, including project location, capacity, and regulatory framework
3. Definitions: Detailed definitions of technical, financial, and legal terms used throughout the agreement
4. Sale and Purchase Obligations: Core obligations including commitment to sell/purchase electricity, exclusivity provisions
5. Term and Termination: Duration of the agreement, conditions for extension, and termination rights
6. Construction and Development: Requirements and timeline for facility construction, testing, and commissioning
7. Commercial Operation: Conditions for achieving commercial operation date and related procedures
8. Operating Requirements: Technical and operational standards, maintenance requirements
9. Metering and Testing: Requirements for measuring delivered electricity and testing procedures
10. Billing and Payment: Payment terms, calculations, invoicing procedures, and dispute resolution
11. Force Majeure: Definition of force majeure events and consequences
12. Insurance: Required insurance coverage and related obligations
13. Assignment and Change of Control: Conditions for transfer of rights and change in ownership
14. Dispute Resolution: Procedures for resolving disputes under Indonesian law
15. Governing Law: Confirmation of Indonesian law as governing law and jurisdiction
1. Direct Agreement: Required if project financing is involved, addressing lender's step-in rights
2. Carbon Credits: Optional section for allocation of carbon credits or other environmental attributes
3. Local Content Requirements: Required if specific local content obligations apply under Indonesian regulations
4. Grid System Emergency: Optional detailed procedures for grid emergencies and curtailment
5. Deemed Generation: Optional provisions for payment during grid unavailability or curtailment
6. Performance Security: Required if specific performance guarantees or bonds are needed
1. Facility Description: Technical specifications of the wind power facility
2. Site Description: Detailed description and maps of project location
3. Testing Procedures: Detailed procedures for testing and commissioning
4. Tariff and Payment Calculations: Detailed pricing formula and payment calculations
5. Minimum Functional Specifications: Technical requirements for the facility
6. Grid Connection Requirements: Technical specifications for grid interconnection
7. Performance Standards: Required operational performance metrics
8. Form of Construction Security: Template for construction period security
9. Form of Operating Security: Template for operation period security
10. Insurance Requirements: Detailed list of required insurance coverage
11. Environmental and Social Requirements: Environmental and social compliance requirements
Authors
Applicable Laws
Available Capacity
Base Tariff
Change in Law
Commercial Operation Date
Commissioning Tests
Connection Point
Contract Year
Deemed Commissioning Date
Deemed Generated Energy
Development Security
Dispatch Instructions
Effective Date
Electrical Output
Emergency
Energy Payment
Environmental Laws
EPC Contract
Facility
Financial Closing
Force Majeure Event
Good Utility Practice
Grid System
Guaranteed Commercial Operation Date
Installed Capacity
Interconnection Facilities
IUPTL (Electricity Supply Business License)
Lenders
Maintenance Outage
Metering Point
Minimum Functional Specifications
Monthly Invoice
Net Electrical Output
Operating Committee
Operating Period
Operating Security
Operation and Maintenance Agreement
Performance Standards
Planned Outage
Point of Delivery
Power Station
Project Documents
Prudent Utility Practice
Required Commercial Operation Date
Required Government Approvals
Scheduled Outage
Site
System Emergency
Technical Limits
Term
Testing Period
Transmission Facilities
Wind Farm
Wind Turbine Generator
Wind Resource Data
Conditions Precedent
Term and Termination
Sale and Purchase Obligations
Construction and Development
Testing and Commissioning
Operation and Maintenance
Metering
Billing and Payment
Performance Security
Grid Connection
Force Majeure
Change in Law
Insurance
Environmental Compliance
Health and Safety
Confidentiality
Assignment
Dispute Resolution
Governing Law
Representations and Warranties
Liability and Indemnification
Default and Termination
Notices
Technical Requirements
Land Rights
Local Content
Emergency Procedures
Records and Reporting
Decommissioning
Renewable Energy
Power Generation
Utilities
Infrastructure
Clean Technology
Energy
Project Finance
Construction
Legal
Project Development
Commercial
Finance
Operations
Regulatory Affairs
Business Development
Risk Management
Environmental Compliance
Technical
Contract Management
Chief Executive Officer
Chief Legal Officer
General Counsel
Project Development Manager
Commercial Director
Energy Trading Manager
Technical Director
Chief Financial Officer
Regulatory Compliance Manager
Business Development Manager
Project Finance Manager
Operations Manager
Risk Manager
Contract Manager
Environmental Compliance Officer
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