Examples of Awarded Capacity in a sentence
In-case Bidder or any member of Consortium opts to refer its Affiliate to meet the Financial Eligibility criteria, then the Affiliate shall remain in control of the Bidder or remain under common control with the Bidder or remain in control of the Bidder from the date of bid submission till the period of 1 year from the date of Commissioning of Awarded Capacity, without prior written approval of Nodal Agency.
On SR, the PRS was not protected from water seepage, which coupled with failure of the electric supply, resulted in a complete failure of PRS in October 2005.
In case of Successful Bidder being a Partnership Firm or a LLP or a Consortium, the equity ownership of the partners or the members of the Successful Bidder in the Project Company shall not be less than 51% of that mentioned in the partnership deed or Consortium deed submitted along with the Bid, up to a period of one (1) year from the date of Commissioning of the entire Awarded Capacity of the Successful Bidder.
Cause to be provided to the Utility throughout the Delivery Term, Delivery Term Security in an amount to be calculated annually equal to the product of$25,000/MW and the Awarded Capacity Amount and the Utility’s Load Ratio with the amount of Delivery Term Security declining pro rata at the conclusion of each Delivery Year over any remaining term of this Agreement.
Generator shall use all commercially reasonable efforts to cause the Capacity Facility to qualify under the RPM Rules as a capacity resource in an amount no less than the Awarded Capacity Amount for the Base Residual Auction associated with each Delivery Year during the term of this Agreement, commencing upon the Awarded Commencement Date.
The aggregate equity share holding of the Successful Bidder in the issued and paid up equity share capital of the Project Company shall not be less than fifty one percent (51%) from the incorporation of the project company till one (1) year from the date of Commissioning of the entire Awarded Capacity of the Successful Bidder.
In cases where in the Awarded Capacity gets exhausted and Bidder requests for additional capacity, the period of one (1) year for equity ownership of partners or the members of the Successful Bidder in the Project Company shall be applicable till 1 year from the date of Commissioning of entire additional capacity awarded by the Nodal Agency.
Cause to be provided to the Utility throughout the Construction Period, Construction Period Security in an amount to be calculated annually equal to the product of $10,000/MW and the Awarded Capacity Amount and the Utility’s Load Ratio, but in no case more than the product of $1 million, and the Utility’s Load Ratio.
Any Capacity Facility shall be required to bid no less than the Awarded Capacity Amount beginning with the Base Residual Auction associated with the Awarded Commencement Date and continuing through the Delivery Term, except if an event of Force Majeure delays the Commencement Date.
If an Early Termination Date results from Section 8.2, then the Generator shall pay to the Utility an amount equal to the product of (a) $100 per megawatt and (b) the Awarded Capacity Amount specified in megawatts.