PMIDC definition

PMIDC means Punjab Municipal Infrastructure Development Company, a not profit- making company established by DLG, duly licensed under Section 25 of the Company’s Act and incorporated in March 2009, with the objective of uplifting the living standard of urban population including urban poor in the State of Punjab.

Examples of PMIDC in a sentence

  • In Q2, PMI/DC also provided its final concurrence to the study, after which HFA presented the first draft of the protocol, based on conversations with CDC/PMI.

  • Without limitation upon Paragraph 1 above, the Project Implementing Entity, PMIDC and the Municipal Corporations shall each ensure that the Project is implemented in accordance with the Environmental and Social Commitment Plan (“ESCP”), in a manner acceptable to the Bank.

  • After final approval of the study design and tool from the PMI review committee, the study will be submitted by PMI-DC to the CDC IRB.

  • The Project Implementing Entity, PMIDC and the Municipal Corporations shall each ensure that the Project is carried out in accordance with the Environmental and Social Standards, in a manner acceptable to the Bank.

  • No later than three (3) months after the Effective Date, the Project Implementing Entity shall cause PMIDC to, and PMIDC shall, enter into a Memorandum of Understanding with the MC of Ludhiana and a Memorandum of Understanding with the MC of Amritsar, in each case to set out the performance framework, including the MC’s key institutional reform areas, targets and outcomes.

  • In pursuance of the said objective, PMIDC a company established by the Government of Punjab under the Section 25 of Companies ▇▇▇ ▇▇▇▇, the State nodal agency for the purpose of SBM.

  • In the event the Conditions Precedent for Concessioning Authority have not been satisfied within the stipulated time, then the Concessionaire shall have the option of either: (i) mutually extend the time period for satisfaction of the Conditions Precedent for Concessioning Authority or (ii) terminate this Agreement, in which event, the Concessioning Authority shall pay to the Concessionaire, the Development Costs, duly certified by the Project Engineer or Expert of PMIDC.

  • The Project Implementing Entity shall cause PMIDC to, and PMIDC shall thereafter ensure that the Project is carried out in accordance with the Project Operations Manual, and except as the Bank may otherwise agree in writing, PMIDC shall not amend or waive, or permit to be amended or waived, any provision of the Project Operations Manual.

  • The availability of Loan proceeds and counterpart funds from the Project Implementing through PMIDC to the MCs shall be linked to the achievement of the results listed or referred to in these Memoranda of Understanding.

  • None of the Project Implementing Entity, PMIDC or the Municipal Corporations shall amend, suspend, abrogate, or waive said Annual Work Plans and Budgets or any provision thereof without the prior written agreement of the Bank.