RESCO definition

RESCO means Renewable Energy Service Company i.e., an energy service company that develops, installs, finances, operates and owns the rooftop solar power project and supplies power generated from the Project to the consumer.
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RESCO means Renewable Energy Service Companies;
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RESCO means Renewable Energy Service Company i.e. anenergy service company that develops, installs, finances,operatesandownsthesolarpowerprojectand suppliespowergeneratedfromtheProjecttothe.
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Examples of RESCO in a sentence

  • As per MNRE guidelines for feeder level solarization, for installation of feeder level solar power plants through RESCO model, the SPGs will be selected on the basis of lowest tariff offered for supply of required solar power for a period of 25 years (unless extended by both the parties on mutual agreement).

  • As per MNRE guidelines dated 11.05.2022, under RESCO mode of operation, developer shall be not allowed to sell solar power to any other buyer except the concerned DISCOM during the entire tenure of this PPA, including penal provision calling for refund of proportionate CFA granted to the project by MNRE on violation of this condition.

  • Solar power plants along with its associated 33 kV line to connect the plant with concerned substation and RMS of solar power plant, are to be installed in RESCO mode.

  • As per MNRE guidelines for feeder level solarization, the requirement of total annual power for an agriculture feeder(s) is to be assessed and a solar power plant of capacity that can cater to the requirement of annual power for that agriculture feeder(s) can be installed either through CAPEX mode or RESCO mode, which will supply solar power to that feeder(s).


More Definitions of RESCO

RESCO means a person or an entity, which is in the business of supplying power generated through Project installed in the Premise of the Procurer on mutually agreed terms;
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RESCO means Rural Electricity Supply Co-operative Society.
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RESCO means Renewable Energy Service Company.
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RESCO means Renewable Energy Service Company, which owns a Renewable Energy System and provides renewable energy to the consumer:
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RESCO means a rural energy service company established, organized, and operating under the laws of the Guarantor.
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RESCO means Renewable Energy Service Company i.e. an energy service company that develops, installs, finances, operates and owns the solar power project and supplies power generated from the Project to the UGVCL. "Rupees", "Rs.", shall mean Indian rupees, the lawful currency of India;
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RESCO means Renewable Energy Service Companies. (Not Applicable)
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