Ongoing Project means a multi-year project undertaken by a Company in fulfilment of its CSR obligation having timelines not exceeding three years excluding the financial year in which it was commenced, and shall include such project that was initially not approved as a multi-year project but whose duration has been extended beyond one year by the board based on reasonable justification;
Sub-project means a specific development project to be carried out by a Beneficiary utilizing the proceeds of a Sub-loan;
Project means the goods or Services described in the Signature Document or a Work Order of this Contract.
Infrastructure costs means such costs as are reasonably incurred for the acquisition and construction of infrastructure.
Development Project means a project for the development of land within a