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Physical Power Purchase Agreements are essential contracts in Singapore's electricity market, used when parties wish to establish a direct relationship for the physical supply of electricity. These agreements are particularly relevant given Singapore's liberalized electricity market and increasing focus on renewable energy integration. The document typically includes detailed provisions for power delivery, pricing, technical specifications, and regulatory compliance, all structured within Singapore's legal framework. A Physical Power Purchase Agreement is crucial for both traditional and renewable energy projects, providing certainty for both generators and purchasers while ensuring compliance with EMA requirements.

1. Parties: Identification and details of the power generator and purchaser

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

3. Definitions: Key terms used tHRoughout the agreement including technical, commercial, and regulatory definitions

4. Sale and Purchase Obligations: Core obligations regarding electricity supply and purchase, including delivery commitments and take-or-pay provisions

5. Delivery Point and Title: Specification of where electricity is delivered and transfer of ownership

6. Term and Termination: Duration of agreement, renewal options, and termination provisions including events of default

7. Price and Payment: Pricing mechanism, payment terms, invoicing procedures, and dispute resolution for payments

8. Metering: Requirements for measurement and verification of electricity delivery, including meter specifications and reading procedures

9. Force Majeure: Events considered force majeure and their consequences on contractual obligations

10. Representations and Warranties: Standard and specific warranties from both parties regarding capacity, authority, and compliance