5. The base tariff will be specified within the following conditions in case the applicant intends to conclude more than one renewable power plant construction contract.
a) For the lands located in one location or lands located in two main locations, the base tariff of each power plant will be specified based on the total capacity of permits.
b) The purchase rate of power plants owned by one applicant that are connected to one substation (or distribution) will be specified based on the total capacity of permits.
c) Except for items a and b, the purchase price of each power plant will be independent from other power plants and will be specified based on the capacity of that power plant.
Nevertheless, each applicant is able to have the construction permit of two power plants at most. Granting permits for construction of other power plants requires the commercial operation of previous constructed power plants.
– Note1. If it is determined that any of clauses (A) and (B) has not been observed during the period of the contract, the power purchase agreement for the related power plant will be based on the revised lower rate and the seller is obliged to refund the surplus funds that have been received as purchased content according to the contract.
– Note2. The legal entities that have shareholders, individual shareholders and also the legal entities are known as an applicant.
– Note3. In the case that the notification of the new contracts will be undertaken after the commercial operation of the previous contract, even if the conditions subject of clauses (A) and (B) are included, the base rate of the electricity purchase in the new contract will be specified according to the capacity of the new power plant.