Trading Licensee definition

Trading Licensee means the Bidder which is an Electricity Trader and submits its Bid on the basis of an exclusive power purchase agreement executed with the entity developing the generation source from where the power is proposed to be supplied by the Bidder;

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Trading Licensee means the Bidder which is an Electricity Trader possessing Category-I Trading License issued by appropriate Commission and submits its Bid on the basis of an exclusive power purchase agreement executed with the generating entity from where the power is proposed to be supplied by the Bidder;

Trading Licensee means the Applicant/Bidder which is an Electricity Trader or a Distribution Licensee in terms of the Electricity Act, 2003 and submits its Application on the basis of an exclusive power purchase agreement executed with the entity with identified generation source from where the power is proposed to be supplied by the Applicant/Bidder.]

Examples of Trading Licensee in a sentence

The proceeds from all insurance claims, except life and injury, shall be paid to the Supplier [and/or Developer in case Supplier is a Trading Licensee] and it shall, notwithstanding anything to the contrary contained in Clause 19.3, apply such proceeds for any necessary repair, reconstruction, reinstatement, replacement, improvement or development of the Power Station.
All insurances obtained by the Supplier [and by the Developer if Supplier is a Trading Licensee] in accordance with this Article 15 shall be maintained with insurers on terms consistent with Good Industry Practice.
The [Supplier in case Supplier is NOT a Trading Licensee or Supplier shall ensure that Developer shall effect and maintain at its own cost, such insurances for such maximum sums as may be necessary or prudent in accordance with Good Industry Practice.
The Supplier shall also effect and maintain such insurances as may be necessary for mitigating the risks that may devolve on the Utility as a consequence of any act or omission of the Supplier [and/or the Developer if Supplier is a Trading Licensee] during the Contract Period.
The Supplier shall, as soon as may be, notify any modifications of [its if Supplier is NOT a Trading Licensee, or Developer‟s if Supplier is a Trading Licensee] maintenance schedule and shall confirm, with or without modifications, the reduction in Availability no later than 48 (forty eight) hours prior to its occurrence.

More Definitions of Trading Licensee

Trading Licensee means a holder of a licence to trade in terms of

Trading Licensee means an Electricity Trader and shall include deemed licensee who is so authorised under Section 14 of the Act;

Trading Licensee means an electricity trader having trading licence under section 14 of the Act;

Trading Licensee means a person who has been granted by the Commission under Section 14 of the Act a Trading Licence to undertake electricity trading in the State of Manipur/Mizoram and shall include Deemed Licensee for the purpose;

Trading Licensee means an Electricity Trader who is so authorised under Section 14 of the Act;

Trading Licensee means a person who has been granted licence for inter-State trading of electricity under Section 14 of the Act:

Trading Licensee means the Seller which is a Category-I Electricity Trading License holder and has submitted an exclusive power purchase agreement executed with the Developer;