Target PLF definition
Target PLF means 25%, 27.5%, 30%, 32.5% or 35% PLF, subject to operational and pipeline system constraints, as may be applicable to every iteration of the Financial Bid or such PLF (not exceeding 50%) which is determined based on the allocation of the Unallocated Available e-bid RLNG by the e-bid RLNG Operator to a particular Successful Bidder.
Examples of Target PLF in a sentence
However, the Increased Target PLF can not exceed 50% PLF for the purposes of allocation of the Additional RLNG and generation of the Incremental Electricity therefrom as per the terms of the Tender Document.