Examples of Financial Closure” or “Project Financing Arrangements in a sentence
Any infirm power produced and flowing into the STU/ Railway Transmission system before COD shall not be at the cost of Nodal Railway under this scheme and SPD cannot sell this power to any other organization or individual.2.26 Financial Closure or Project Financing Arrangements The Project Developer shall report Project Financing Arrangements for the Projects within 9 months from the Effective Date i.e. Signing of PPA.
Any infirm power produced and flowing into the CTU / STU before COD shall not be at the cost of Nodal Railway under this scheme and SPD cannot sell this power to any other organization or individual.2.26 Financial Closure or Project Financing Arrangements The Project Developer shall report Project Financing Arrangements for the Projects within nine months from the Effective Date i.e. Signing of PPA.
Similarly for the Bidding Company, forming a project company with no change in Shareholding pattern & controlling shareholding as informed at the stage of RfP upto one year after Commissioning of the Project.3.22 Financial Closure or Project Financing Arrangements: The Project Developer shall report tie up of Financing Arrangements for the projects within 150 days from the date of signing Power Purchase Agreement.