EPIRA definition

EPIRA means the Borrower’s Electric Power Industry Reform Act of 2001 and any amendments thereto.

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EPIRA. The Republic Act NO. 9136 of the Electric Power Industry Reform Act of 2001

EPIRA means the Republic of the Philippines Act No. 9136, also known as the Electric Power Industry Reform Act of 2001, as may be amended from time to time.

Examples of EPIRA in a sentence

In the event such officers are unable to resolve such Dispute through the above arbitration clause, the ERC has the jurisdiction to hear and decide the Dispute between parties arising from this Agreement, in the exercise of its powers and functions under the EPIRA.
The Additional Events of Suspension consist of the following: EPIRA, or any of the Project Implementing Entity’s Constitutive Documents has been amended, suspended, abrogated, repealed or waived so as to affect materially and adversely the ability of the Project Implementing Entity to perform any of its obligations under the Project Agreement.
Section 2 of Republic Act No. 9136, also known as the Electric Power Industry Reform Act of 2001 or EPIRA, declared as a policy of the State, among others, rno ensure the quality.
Pursuant to the Electric Power Industry Reform Act of 2001 or the EPIRA, PSALM is mandated to take possession and title over the NPC IPP contracts and to appoint qualified independent entities which shall act as the IPPAs following a public bidding in transparent and open manner.
Roxas’ proposal to revisit EPIRA to provide clean and cheap power but ﬆressed that the induﬆry muﬆ be free from monopoly.
The objective of the Program is to support the absorption of National Power Corporation’s (NPC) financial obligations consistent with the EPIRA by the Borrower and create a conducive environment for successful implementation of the privatization program in Subprogram 2.
Section 2 of Republic Act No. 9136, also known as the Electric Power Industry Reform Act of 2001 or EPIRA, declared as a policy of the State, among others, [to ensure the quality, reliability, security and affordability of the supply of electric power;" (first "whereas clause", Department of Energy Circular No. 2003-12-11.
An initial evaluation of the instant application disclosed that the PSA entered into by and between NORSAMELCO and FOCUI will redound to the benefit of NORSAMELCO's member-consumers in terms of continuous, reliable, efficient and affordable power supply, as mandated by the EPIRA [Section 2.
From Closing Date, the BUYER shall not breach the installed generating capacity restrictions prescribed by Section 45(a) of the EPIRA.
Under the EPIRA, this rate reduction is mandated from NPC rates only2, but TeaM nonetheless, makes the same available to LUECO and its consumers.

More Definitions of EPIRA

EPIRA means Republic Act No. 9136, otherwise known as the “Electric Power Industry Reform Act of 2001”. “its own APA” shall mean and refer to the Asset Purchase Agreement mandated to be executed between PSALM and The Winning Negotiating Party’s Assignee.

EPIRA means Republic Act No. 9136 otherwise known as the Electric Power Industry Reform Act of 2001.

EPIRA. Refers to Republic Act No. 9136, otherwise known as the “Electric Power Industry Reform Act of 2001”. Energy Regulatory Commission or “ERC” Refers to the agency created under Section 38 of the EPIRA. ERC Guidelines Refers to the guidelines for the regulation of qualified third parties performing missionary electrification in areas declared unviable by the department of energy. Event of Default Refers to the events and circumstances identified in Section 8.1 hereof. Force Majeure or Event of Force Majeure Refers to any circumstance not within the reasonable control of the Party affected, but only if and to the extent that such circumstance, despite the exercise of reasonable diligence, cannot be or caused to be prevented, avoided or removed by such Party and is not attributable to the negligence or willful misconduct or the failure of such Party to perform any of its obligations. “Full Cost Recovery Rate” or “FCRR” Refers to the rate, expressed in Peso per kilowatt-hours, that allows recovery of the full efficient costs of generating, distributing and supplying electricity, sufficient to enable the QTP to operate viably. Generation Facilities Shall refer to any power generating facilities installed or contracted by the QTP to service the QTP Service Area.

EPIRA means Republic Act No. 9136, otherwise known as the “Electric Power Industry Reform Act of 2001”.

EPIRA. Refers to Republic Act No. 9136, otherwise known as the “Electric Power Industry Reform Act of 2001”. ERC or Energy Regulatory Commission Means the agency created under Section 38 of Republic Act No. 9136. ERC Guidelines Refers to the guidelines for the regulation of qualified third parties performing missionary electrification in areas declared unviable by the department of energy. Event of Default Refers to the events and circumstances identified in Section [ ] hereof. Force Majeure or Event of Force Majeure Means any circumstance not within the reasonable control of the Party affected, but only if and to the extent that such circumstance, despite the exercise of reasonable diligence, cannot be or caused to be prevented, avoided or removed by such Party and is not attributable to the negligence or willful misconduct or the failure of such Party to perform any of its obligations.