Power Offtake Agreement Template for Singapore

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Power Offtake Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Power Offtake Agreement

"Need a Power Offtake Agreement for a new 50MW solar plant in Singapore, with ABC Solar as the producer and XYZ Manufacturing as the offtaker, including specific provisions for carbon credits and a 15-year term starting March 2025."

Document background
Power Offtake Agreements are essential contracts in Singapore's energy market, used when establishing long-term power supply arrangements between generators and consumers. These agreements, regulated under Singapore's robust energy framework, provide certainty for both parties regarding power supply, pricing, and operational requirements. The document typically includes detailed technical specifications, pricing mechanisms, and performance standards, ensuring compliance with Singapore's electricity market rules and environmental regulations. Power Offtake Agreements are particularly crucial for renewable energy projects and industrial consumers requiring dedicated power supply arrangements.
Suggested Sections

1. Parties: Identification and details of the power producer and offtaker

2. Background: Context of the agreement and brief description of the project

3. Definitions: Key terms used tHRoughout the agreement

4. Supply Obligations: Quantity, quality, and delivery specifications of power

5. Pricing and Payment Terms: Price structure, billing, and payment procedures

6. Term and Termination: Duration of agreement and termination conditions

7. Performance Security: Security deposits and guarantees

Optional Sections

1. Carbon Credits: Terms relating to carbon credits or renewable energy certificates - used for renewable energy projects

2. Grid Connection: Terms relating to grid connection and maintenance - used when seller is responsible for grid connection

3. Development Milestones: Project development timeline and requirements - used for new power projects not yet operational

Suggested Schedules

1. Technical Specifications: Detailed technical requirements for power supply

2. Pricing Formula: Detailed calculation of power price including adjustments

3. Testing Procedures: Procedures for testing and commissioning

4. Metering Requirements: Specifications for metering equipment and procedures

5. Operating Procedures: Detailed operational protocols and procedures

6. Form of Performance Security: Template for required security instruments

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions
Clauses
Industries

Electricity Act (Chapter 89A): Primary legislation governing Singapore's electricity industry, covering licensing requirements, market operation rules, and safety standards

Energy Market Authority of Singapore Act: Establishes the regulatory framework, defines powers of the Energy Market Authority (EMA), and outlines market supervision requirements

Environmental Protection and Management Act: Covers environmental standards, emissions requirements, and compliance obligations for power generation and distribution

Singapore Electricity Market Rules: Regulatory framework detailing trading arrangements, settlement procedures, and market operations in the electricity market

EMA's Code of Conduct: Regulatory guidelines specifying technical standards, operating procedures, and performance standards for market participants

Metering Code: Specifications for metering requirements, data collection and verification procedures, and billing procedures

Contract Act (Chapter 53): General contract law principles governing formation and enforcement of contracts in Singapore

Competition Act: Legislation ensuring fair competition and preventing anti-competitive practices in the energy market

Carbon Pricing Act: Regulations regarding carbon tax implications and emissions reporting requirements

Sustainable Energy Regulations: Framework covering renewable energy requirements and energy efficiency standards in Singapore

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Green Power Purchase Agreement

find out more

Contract For Differences PPA

find out more

Commercial Power Purchase Agreement

find out more

Power Purchase Agreement Wind

find out more

Biomethane Purchase Agreement

find out more

Virtual Purchase Power Agreement

find out more

Corporate Power Purchase Agreement

find out more

Third Party Solar Power Purchase Agreement

find out more

PPA Agreement Solar

find out more

Direct Power Purchase Agreement

find out more

Power Purchase Contract

find out more

Physical Power Purchase Agreement

find out more

Power Offtake Agreement

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.