The Power Supply Agreement serves as a fundamental contract in Pakistan's energy sector, establishing the legal and commercial framework for power generation and supply arrangements. This document is essential when a power generator agrees to supply electricity to a purchaser, whether that's a distribution company, industrial consumer, or other eligible entity. The agreement must comply with the Regulation of Generation, Transmission and Distribution of Electric Power Act, 1997, and various NEPRA regulations. It typically includes detailed provisions for power supply specifications, pricing mechanisms, operational procedures, and regulatory compliance requirements. The document is particularly crucial in Pakistan's context, where power sector reforms and energy security are key priorities, and where specific regulatory requirements must be met for both conventional and renewable energy projects.
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1. Parties: Identification of the power supplier and purchaser with full legal names and addresses
2. Background: Context of the agreement including project overview and purpose
3. Definitions and Interpretation: Detailed definitions of technical and legal terms used throughout the agreement
4. Term and Duration: Contract duration, commencement date, and conditions for extension
5. Supply Obligations: Core obligations regarding power supply, including quantity, availability, and quality specifications
6. Connection and Delivery Points: Specifications of physical points where power is delivered and metering locations
7. Metering and Testing: Requirements for measuring supplied power, testing procedures, and meter accuracy
8. Tariff and Payment Terms: Pricing structure, billing procedures, and payment terms
9. Operating Procedures: Day-to-day operational requirements and procedures
10. Maintenance and Outages: Scheduled maintenance, forced outages, and notification requirements
11. Force Majeure: Events constituting force majeure and resulting obligations
12. Default and Termination: Events of default, cure periods, and termination procedures
13. Dispute Resolution: Procedures for resolving disputes including arbitration provisions
14. Governing Law: Applicable law and jurisdiction
15. Confidentiality: Protection of confidential information and trade secrets
16. Notices: Communication procedures and contact details
17. Miscellaneous: Standard boilerplate provisions including assignment, amendments, and severability
1. Environmental Compliance: Required for projects with significant environmental impact, detailing compliance with environmental regulations
2. Renewable Energy Provisions: Specific provisions for renewable energy sources including intermittency management
3. Carbon Credits: Allocation of carbon credits or other environmental attributes
4. Government Approvals: Detailed section on required permits and licenses when dealing with complex regulatory requirements
5. Insurance: Detailed insurance requirements beyond standard provisions
6. Security Arrangements: Required when specific performance security or guarantees are needed
7. Grid Interface: Detailed provisions for grid connection when power is supplied to the national grid
8. Change in Law: Detailed provisions for managing regulatory changes when operating in volatile regulatory environments
9. Local Content Requirements: Provisions regarding local content requirements when applicable under Pakistani law
1. Technical Specifications: Detailed technical parameters of power supply including voltage, frequency, and quality standards
2. Testing and Commissioning Procedures: Detailed procedures for initial and periodic testing
3. Tariff Calculation Methodology: Detailed formulas and mechanisms for calculating tariffs
4. Operating Parameters: Specific operational requirements including ramp rates and response times
5. Metering Specifications: Detailed requirements for metering equipment and procedures
6. Performance Standards: Specific performance criteria and penalties
7. Interface Specifications: Technical details of connection points and interface requirements
8. Emergency Procedures: Detailed procedures for handling emergency situations
9. Required Permits and Licenses: List of all required regulatory approvals and licenses
10. Form of Performance Security: Template for any required performance bonds or guarantees
Relevant legal definitions
Clauses
Relevant Industries
Energy & Utilities
Power Generation
Renewable Energy
Industrial Manufacturing
Infrastructure
Mining
Oil & Gas
Commercial Real Estate
Healthcare
Data Centers
Relevant Teams
Legal
Operations
Commercial
Regulatory Affairs
Technical
Environmental Compliance
Finance
Risk Management
Business Development
Procurement
Project Management
Trading
Asset Management
Relevant Roles
Legal Counsel
Energy Project Manager
Power Plant Manager
Regulatory Compliance Officer
Commercial Director
Technical Director
Chief Operating Officer
Procurement Manager
Risk Manager
Environmental Compliance Manager
Business Development Director
Contract Administrator
Chief Financial Officer
Operations Manager
Energy Trading Manager
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