Project Capacity definition
Examples of Project Capacity in a sentence
For supply of power in hours other than Peak Hours, the SPD will declare the CUF of the Project and will be allowed to revise the same once within first year after the commencement of power supply from the full Project Capacity.
In case, the Commissioning of the Project is delayed beyond 270 days after the SCD, it shall be considered as an WPD Event of Default and provisions of Article 13 shall apply and the Contracted Capacity shall stand reduced / amended to the Project Capacity Commissioned within 270 days after the SCD and the PPA for the balance Capacity will stand terminated and shall be reduced from the project capacity.
In case, the commencement of power supply from the Project is delayed beyond 6 months after the SCSD/ extended SCSD, the Contracted Capacity shall stand reduced / amended to the capacity corresponding to the Project Capacity that has commenced power supply until the date as on 6 months after the SCSD/ extended SCSD and the PPA for the balance capacity will stand terminated and shall be reduced from the Contracted Capacity.