Levelized Tariff definition
Levelized Tariff means the tariff calculated in accordance with the provisions of Clause
Levelized Tariff means the fixed tariff offered by the Bidder for 20 (Twenty) years from the date of commissioning of the Rooftop Solar Photovoltaic Power Project under the Scope of work as per this RfS;
Levelized Tariff or “LT” – means the single value of Tariff in Taka or US cents per kWh for each of the Contract Years over the Term of the PPA, which would have the same present value as the present value of the annual Tariff in the Proposal of a Bidder, as calculated in accordance with Section B, Article 7 and Annex A, Exhibit II.
Examples of Levelized Tariff in a sentence
This will include the cost of Solar Cells as 26% of the above referred benchmark capital cost • Erection, Installation and Commissioning (I&C) component- 20% of the Benchmark capitalcost and • Yearly operational cost will be considered as 3% of the Benchmark capital cost The Levelized Tariff would be adjusted as below based on the variations in the capital cost and operational cost on account of change in taxes.
More Definitions of Levelized Tariff
Levelized Tariff is a means to recover the entire cost of a project during the project’s lifecycle. Any downward revision of the same will severely impact the revenues of the project and make it financially and economically unviable. Therefore, the Commission ought not to review the approach for the determination of the tariff mid-stream and adopt a parametric approach (as suggested by the DISCOM) after the completion of 10 years from the COD.
Levelized Tariff means the tariff offered by the Bidder for 25 years for the Scope of work as per RFS document subject to the maximum levelized tariff of 25 years of as per clause 2