You are on page 1of 3
Parties: Gas Sales and Purchase Notice # 46 dated. 26.06.2018, GALL (India) Led Seller”) Bhagyanagar Gas Limited (“Buyer”) for their Cay Gate Station located ar Shamniqpet Hyderabad This Gas Sales and Parchase Notice (GSPN) is issued pursuant to the terms and conditions of the Spot Gas Sales Agreement dared 16.07.2015 executed between the Seller and the Buyer dhe “Agtecment”) Tesms not defined in this GSPN shall have the meaning given in the Agreement ‘The execution of this GSPN by the Parties shall form a valid and several obligations whereby the Seller agrees to sell and deliver Gas to Buyer and Buyer agrees to purchase and rake delivery vf and pay to Seller for sueli Gas, all in accordance with the \greement and the terms set out in this GSPN. Contract Quantity: Total quantity of Gas agreed to be sold / purchased in MMBTU) on GCV basis: 4650 MMBTU As the Buyer's Delivery Point is located in Hyderabad, Telangana, the supphy of above ‘quantity shall be subject to Selier’s Operational Flexibility inclnding availabiliy of pipeline capacity: in East West Pipeline for supply/transportation of the gas supply under this Agreement. Daily Contract Quantity The Daily Conernet Quantity (CQ) co he made available for delivery by she Seller to the Buyer in respect of each Day of the Supply Period shall he nor more than 150 MMBTU/Day. The Buver shall nominate the Properly Nominated DCQ (PNDCQ) for the Day of draw! latest by 18:00 Hrs of the preceding Day which shall be finalized on mutually agreed bass. "The acrua! dravl shall nor exceed the mutually agreed PNDCQ. Drie The agrecd Price fon GCV basis) is toral of fo ‘erminal Dahej) (including iis | USD /MMBTU | jin and other costs upto | | Ey-Terminal Point) - | Transportation Tariff ¢ “as INR IM i Transpo ~ 60.133 INR /MMBTU plus appl D. The transportation taviffs shall be subject co revision as per PNGRB orcers ‘guidelines, He CST, teal ta Appl eharges/ tases shall be ext es, service tax on transmission charges and! any other applicable the US Dollar component of each Invoice shall be converted to Indian Rupee equivalent amount at the prevailing SBI TT Selling Rate on the last day of the billing eyele. In case SBI TF Selling Rate for the last day of billing cycle is not availsble, the immediately preceding available SBI-TT Selling Race will he the applicable exchange rate. Supply Period: From O1.7.2018 (06:00 hus) 10 01.08.2018 (06404 hrs) cart Date; 01.07.2018 (06:00 hes}. ation at Buges’s City Gare Delivery Points Seller’s/Sellor’s Gas Transportes’s meter, Station located ar Shamirper, Hyderabad on EWPL nenwork, An case the Buyer has multiple gas supplies at the Delivery Point the allocation of the same shall be in the following order of nominations/ contracted quantity 1. ONGC Off Shove $1 Gas — First Priosity 2. APM Gas supplied by Seller = Spot RING supplied by Seller under this GSPN. ~ Third Priotity cond Priority Special Conditions to the Agreement: Gas supply under shis GSPN shall be akvays subject co availability of gas and technical operation flexibility of Seller. For the purpose of this GSPN. Amticles 7.1, 7.2 and 7.3 of the Agreement shall not be applicable. Nonsithstanding Anticle 7.5 of SGSA, Buyer may nominate t Seller the gas quantities upro 114% of DCQ for supply on the subsequent Day. The request of Buyer w the extent agreed bby Seller shall he considered the PNDCQ for contractual purposes. nid the Sellet/ Buyer may be made subject to Seller's Operational Flesbiliry and in line with flexibility available to Seller from RGTIL in this regard, nominations by ‘rhe above Price is exclusive of ship or pay charges, overrun charges, imbahince charges and cor deferred delivery services, caxes, duties, service charges, statutory levies, ete. by ‘whatever name called and levied by third party for wansportation of gas and/or either Governments Ageutey oF local bodies or both shall be payable extea if applicable, from time 10 time, The Buyer shall be liable for any and all of above taxes, duties, service charges, statutory levies, ship or pay charges, overrun charges, imbalance charges and/or deferred delivery serve applicable, w \ny tases, duties. service charges, starutory levies, ete. for which the ucer is Hable under this Chuse but which may have een paid by the Seller shall be rounbursed by the Buyct cogether vwith applicable interest, if any, within 15 days after written request by che Seller. IF the paymenr is made by Buyer after 15 days, #he interest on delayed pavment shall be payable by » respect to the sale, transfer, eransport or importation of Gas. the Buyer. The applicable rate of interest shall be simple interest on dhe suum thar shail aecrue from the duc date, until che dare payments is made, on a dav 10 day basis at ‘ment plus 6,25% and such interesr shail campos applicable on the due date of & becomes obliged) to pi directly or indirecth avoidance of doubt, dhe Buyer shall indemnify the Seller againsr any esses, da which the Seller as a resule ny Taw, rule oF policy, is at on sale, tmnsfer, tmansport, importation, handling of Gas sold as per the terms of this Agreement 10, Any dispute not resolved by the Parties within the specified period in accosdance with Article 12.& Arcle 1 hall be resolved by sole arbitrator to be sclected by the Buyer ftom among the three persons suggested by the Seller from is panel of Arbirrarors. ‘The arbitration proceedings shall be conducted in accordance with the niles under \ebitration and Conciti ct 1996. The venue of Arbitration shall he Dethi This Gas Sales and Purchase Ni cw agreed by For GALL (India) Limited ir 24 -@€.20 /9 Name Designation: For Bhagyanagar Authoris ee iy Name Vadun) CHATOKVEDT Designation: SiyTAM myn aA eTer,

You might also like