TNEB definition
Examples of TNEB in a sentence
During execution of works if contractor causes damages to the under ground services like Metro Water pipe lines, TNEB, Chennai Telephones, Corporation Street Light Cable, and other OFC cables etc., it should be restored to its original condition by he contractor with at his own cost.
The offer of bidders who have stated to be previous supplier/contractors to TNEB/ TANTRANSCO/TANTRANSCO will be considered for further evaluation even though they have not enclosed copies of purchase orders or end user certificates etc.
TO THE SUPERINTENDING ENGINEER / DISTRIBUTION, PEDC TANGEDCO, EAST MAIN STREET, TNEB COMPLEX PUDUKKOTTAI 622 001, TAMILNADU.
TNEB has taken the position that under the Power Purchase Agreement and Indian law the actual capital costs are to be determined by the Tamil Nadu Electricity regulatory Commission and has submitted to ICC that ICC did not have the jurisdiction to take up arbitration proceedings.
TNEB also filed an application in the Queens Court in London on 20 December 2006 seeking a stay on the ICC arbitration.
Neyveli filed a petition with the Madras High Court in India in May, 2006 seeking injunctive relief to prevent TNEB from reducing its tariff payments until the dispute is resolved pursuant to the dispute resolution provisions in the power purchase agreement, which provides for arbitration in London under the Rules of Arbitration of the International Chamber of Commerce.
If the Lessee requires additional power, it shall be entitled to apply for and obtain at its own cost, power supply from TNEB or from any other source and the Lessor shall extend all possible assistance and co-operation in this behalf without any financial liability.
Seller’s indemnification obligations to the Buyer Indemnified Parties will be limited to any Damages (limited to those Damages attributable to periods prior to the Closing Date) that are awarded to TNEB as a result of such arbitration, or that are agreed to be paid to TNEB pursuant to a settlement agreement in each case during the Special Indemnity Period, provided that such settlement agreement is consented to by Seller, whose consent shall not be unreasonably withheld or delayed.
On the termination or expiry of the lease, the LESSOR will obtain a refund from the T.N.E.B. of any extra security deposit paid by the LESSEE and shall pay the same to the LESSEE within 30 days of the receipt thereof, failing which, the LESSOR shall be liable to pay to the LESSEE interest at the rate of 12% per annum for the delayed period.
The HT consumer shall avail the scheduled power on first charge basis apart from other power purchased from third party / CPP / Wind energy along with the TNEB quota up to the Base Demand of the HT consumer.