Solar Power Developer definition

Solar Power Developer means Bidding Company or a Bidding Consortium that got selected through the bidding process conducted by NTPC / SECI / KREDL (as the case may be) through “Grid connected solar photo voltaic projects for 2000 MW Pavagada Ultra Mega Solar Park in Karnataka”. Any reference to the Solar Power Developer includes Bidding Company / Bidding Consortium/Consortium, Member of a Bidding Consortium including its successors, executors and permitted assigns and Lead Member of the Bidding Consortium jointly and severally, as the context may require.

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Solar Power Developer shall have the meaning attributed thereto in the array of Parties hereinabove as set forth in the Recitals;

Solar Power Developer or SPD” means the Bidder who has been selected based on the RFS and includes its successor in interest.

Examples of Solar Power Developer in a sentence

During the operation of the plant, there can be some periods where the Project can generate power but due to temporary transmission unavailability, the power is not evacuated, for reasons not attributable to the Solar Power Developer.
This Agreement shall terminate before the Expiry Date if either APDCL or Solar Power Developer terminates the Agreement, pursuant to Article 16 of this Agreement.
The Solar Power Developer (SPD) shall be responsible for power evacuation from the Power Project to the nearest designated Delivery Point.
However, APDCL’s decision shall be final and binding on the Solar Power Developer.
Within fifteen (15) days of signing of a reconciliation statement, the Solar Power Developer shall make appropriate adjustments in the next Monthly Bill.

More Definitions of Solar Power Developer

Solar Power Developer. (SPD) shall mean the Bidder who has been selected based on this RfS issued by Authorised Representative for execution of SPV Projects;

Solar Power Developer means a company registered under Indian Companies Act, a partnership firm registered under partnership Act or a society registered under A.P./TG Society Registration Act.

Solar Power Developer means the Bidding Company or a Bidding Consortium participating in the bid and having been selected and allocated a project capacity by SECI (through a competitive bidding process), including the SPV formed by the selected bidder/ consortium for the purpose of setting up of project and signing of PPA with SECI including its successors, executors and permitted assigns.

Solar Power Developer means Bidding Company or a Bidding Consortium that get selected through the bidding process conducted by GUVNL under GUVNL 600MW / Solar (Phase XVII) dated 29.09.2022. Any reference to the Solar Power Developer includes Bidding Company / Bidding Consortium/Consortium, Member of a Bidding Consortium including its successors, executors and permitted assigns and Lead Member of the Bidding Consortium jointly and severally, as the context may require.

Solar Power Developer means a company registered under Indian companies Act, a partnership firm registered under partnership Act or a society registered under A.P. society Registration Act.

Solar Power Developer. (which expression shall unless be repugnant to the context or meaning hereof be deemed to mean & include its successors in business and assigns) of the Other Part. (Note: ISA shall be executed in the exact name and with same composition of equity holders in which PPA has been executed)

Solar Power Developer or “SPD” means solar power developer, and for the purposes of executing the PPA, will mean: (a) the SPV incorporated by the Selected Bidder; or (b) the Selected Bidder itself, if it is a single entity, and not a Consortium or a foreign Company or an LLC and has elected not to incorporate an SPV to implement the Project; or (c) Affiliate of the Selected Bidder or its SPV.;