Project Capacity definition

Project Capacity means the AC capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Solar Power Project.
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Michael G
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Project Capacity means the maximum AC capacity at the delivery point that can be scheduled on which the Power Purchase Agreement shall be signed;
Project Capacity means Capacity in kWp allocated to the Bidder for different states of India consisting of single or multiple roof tops. The project capacity specified is on “DC” output Side only.

Examples of Project Capacity in a sentence

The maximum time period allowed for commissioning of the full Project Capacity with encashment of Performance Bank Guarantee shall be limited to 180 days beyond the scheduled commissioning date or extended scheduled commissioning date as the case may be.

In case the Part Commissioning has been completed with in this deadline, then the CSA capacity shall stand reduced/ amended to the Project Capacity commissioned and the CSA for the balance capacity will stand terminated.

The maximum time period allowed for commissioning of the full Project Capacity with encashment of Performance Bank Guarantee and reduction in the fixed tariff shall be limited to 25 months from the date of signing of PPA.

In case, the Commissioning of the Project is delayed beyond 25 months from the date of signing of PPA, the PPA capacity shall stand reduced / amended to the Project Capacity Commissioned and the PPA for the balance Capacity will stand terminated and shall be reduced from the selected Project Capacity.

In case, the Commissioning of the Project is delayed beyond 25 months from the date of signing of PPA, the PPA capacity shall stand reduced / amended to the Project Capacity Commissioned and the PPA for the balance Capacity will stand terminated and shall be reduced from the selected project capacity.


More Definitions of Project Capacity

Project Capacity means Capacity in kWp offered by the Bidder for each State consisting of single or multiple roof tops. The project capacity specified is on “DC” output Side only.
Project Capacity means the maximum AC capacity at the point of injection on which the Power Purchase Agreement shall be signed.
Project Capacity means Capacity in kWp specified by DMRC for each station/site consisting of single or multiple roof tops. The project capacity specified is on “DC” output Side only.
Project Capacity means the maximum AC capacity at the delivery point on which the Power Purchase Agreement and VGF Securitization Agreement shall be signed.
Project Capacity means the capacity of the project at the generating terminal(s) and to be contracted with MSEDCL for supply from the Wind Power Project.
Project Capacity means the maximum AC capacity at the delivery point that can be scheduled on which the Power Purchase Agreement shall be signed. The minimum AC capacity of the Project shall be 300 MW or in multiples of 300 MW. The Bidders can be allocated minimum project capacity of 300 MW up to the total Solar Park Capacity;
Project Capacity means the maximum AC capacity of the Project at the point of injection on which the Power Purchase Agreement has been signed."Prudent Utility Practices"shall mean the practices, methods and standards that are generally accepted internationally from time to time by electric utilities for the purpose of ensuring the safe, efficient and economic design, construction, commissioning, operation and maintenance of power generation equipment and which practices, methods and standards shall be adjusted as necessary, to take account of:a) operation and maintenance guidelines recommended by the manufacturers of the plant and equipment to be incorporated in the Power Project;b) the requirements of Indian Law; and the physical conditions at the site of the Power Project“RBI”shall mean the Reserve Bank of India;“Rebate”shall have the same meaning as ascribed thereto in Article 10.3.4 of this Agreement;"RLDC"shall mean the relevant Regional Load Dispatch Centre established under Sub-section (1) of Section 27 of the Electricity Act, 2003;“RPC”shall mean the relevant Regional Power Committee established by the Government of India for a specific region in accordance with the Electricity Act, 2003 for facilitating integrated operation of the power system in that region;"Rupees", "Rs.",“”shall mean Indian rupees, the lawful currency of India;“Scheduled CommissioningDate” or “SCD” of theProjectshall mean ……………… [Insert Date that is eighteen (18) months from the Effective Date of this Agreement as applicable];“SERC”shall mean the Electricity Regulatory Commission of any State in India constituted under Section-82 of the Electricity Act, 2003 or its successors, and includes a Joint Commission constituted under Subsection (1) of Section 83 of the Electricity Act 2003;“SLDC”shall mean the centre established under Sub-section (1) of Section 31 of the Electricity Act 2003, relevant for the State(s) where the Delivery Point is located;“SLDC Charges”shall mean the charges levied by the SLDC of the state wherein the Hybrid Power Project is located;“Solar Photovoltaic Project” or “Solar PV Project”shall mean the solar photovoltaic power project that uses sunlight for conversion into electricity and that is being set up by the HPD to provide Solar Power to SECI as per the terms and conditions of this Agreement;“Solar Power”shall mean power generated from the Solar Photovoltaic PowerProject;