Power Purchase Agreement (PPA) definition

Power Purchase Agreement (PPA) means a long-term electricity supply agreement between a power producer and PGE. The PPA is one means of procuring renewable energy for Subscribing Customers in this voluntary supplemental service program.
Power Purchase Agreement (PPA). – means the agreement to be entered into between the Company and Bangladesh Power Development Board (BPDB) containing the terms and conditions for the sale of Net Output Energy of the Project to BPDB, as may be amended from time to time.
Power Purchase Agreement (PPA) means the agreement entered into between the Procurer(s) and the Seller pursuant to which the Seller shall supply power to the Procurer(s) as per the terms and conditions specified therein;

Examples of Power Purchase Agreement (PPA) in a sentence

  • It is further expressly agreed that the Agreement shall be irrevocable and shall form an integral part of the Power Purchase Agreement (PPA) and shall remain valid until the expiration or early termination of the PPA in terms thereof, unless expressly agreed to the contrary by SECI.

  • SECI shall enter into Power Purchase Agreement (PPA) with Bidders selected based on this RfS.

  • The petitioner- GRIDCO has filed the present petition under Section 86 (1) (b) of Electricity Act, 2003 read with Section 11(e) and Section 21 of Orissa Electricity Reform Act, 1995 and other enabling provisions for post-facto approval of the Power Purchase Agreement (PPA) executed between PTC India Ltd.

  • The generator has to maintain generation as per committed/ declared CUF range (-90% / + 120 %) and MSEDCL will be obliged to buy power only within the Capacity Utilization Factor (CUF) range laid down in Power Purchase Agreement (PPA) and compensation against change in law for the repowered capacity shall not be allowed.

  • NBPDCL / SBPDCL shall enter into Power Purchase Agreement (PPA) with selected Bidder based on this RFP.


More Definitions of Power Purchase Agreement (PPA)

Power Purchase Agreement (PPA) means the agreement to be executed between PSPCL and the Biogas Project Developer pursuant to which the Biogas Project Developer shall supply power to PSPCL, with a tariff derived after bidding process valid for a period of 20 years from the date of commissioning.
Power Purchase Agreement (PPA) means the agreement to be executed between PSPCL and the Solar Power Developer pursuant to which the Solar Power Developer shall supply power to PSPCL, with a tariff derived after bidding process valid for a period of 25 years from the date of commissioning.
Power Purchase Agreement (PPA) means a contract with an Independent Power Producer for the provision of either electrical energy only or electrical energy and capacity.
Power Purchase Agreement (PPA) means an agreement concluded between a generator and a buyer for the sale and purchase of new electricity generation capacity or electricity derived therefrom, or both.
Power Purchase Agreement (PPA) means the agreement signed by WAPDA with an IPP under 1994 Policy and administered by CPPA G, and any Power Purchase Agreements signed by CPPA G or by NTDC to procure power on behalf of Distribution Companies;
Power Purchase Agreement (PPA) means power purchase agreement to be signed between successful bidder and rooftop owner.
Power Purchase Agreement (PPA) means an Agreement between the Distribution Licensee and the MGO for the purchase of electricity generated from the MRES at interconnection with grid of the Distribution Licensee.