Power Project definition
Examples of Power Project in a sentence
In case of the Project being financed through Financing Agreement(s), save as expressly provided in this Agreement or the Insurances, the proceeds of any insurance claim made due to loss or damage to the Power Project or any part of the Power Project shall be applied as per such Financing Agreements.
Hongsa Power Project, the first lignite-fired mine-mouth power plant in Lao PDR, was developed with the strong support from Government of Lao PDR (GOL) since 2006 in order to satisfy the increasing electricity demand in Thailand and to support such development plan of Lao PDR.
The Power Project shall be required to maintain compliance to the applicable Grid Code requirements and directions, if any, as specified by concerned SLDC/RLDC from time to time.
The Solar Power Developer (SPD) shall be responsible for power evacuation from the Power Project to the nearest designated Delivery Point.
During a Contract Year, if the CUF of the Power Project is found to be below the minimum CUF with respect to Solar PV technology on account of reasons solely attributable to Solar Power Developer, the Solar Power Developer shall be liable for non fulfillment of its obligation.