RE Project definition
Examples of RE Project in a sentence
On 16 June 2025 (after trading hours), GNSR Company (an indirect non-wholly owned subsidiary of the Company) and GSZ Company entered into the Entrusted Construction Management Agreement for the purpose of facilitating the Huocun Interchange R&E Project.
The Huocun Interchange is an interchange hub, connecting (i) the Approved Road Section R&E Project, which is invested by GSZ Company; (ii) the Guangzhou North Second Ring R&E Project, which is invested by Guangzhou North Second Ring Company and (iii) Guangzhou East Second Ring Expressway.
In the event the aforesaid novation is not acceptable to the RPD/REPG, or if no offer of novation is made by SJVN within the stipulated period, then the RPD/REPG may terminate the PPA and at its discretion require Buying Entity to pay the damages,equivalent to 24 (twenty four) months, or balance PPA period whichever is less, of charges for its contracted capacity within the stipulated availability, with the RE Project assets being retained bythe RPD/REPG.
The GNSR Expressway is undergoing the GNSR Expressway R&E Project (as defined in the circular of the Company dated 8 November 2023), the major works of which are expected to be completed in 2028.