Examples of Wind Power in a sentence
It is however, specifically agreed that the payment of money becoming due from the SECI to the WPD under this Agreement for supply of Wind Power to the extent of the Contracted Capacity shall not be on a back to back basis and will be as per the recourse under the Payment Security Mechanism provided in the PPA and PSA.
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 Wind Power Developer.
The Guarantor Bank shall make payment hereunder on first demand without restriction or conditions and notwithstanding any objection by [Insert name of the selected Wind Power Developer / Project Company as applicable] and/or any other person.
Accordingly, the Project Capacity, i.e. the Installed Capacity shall mean the rated capacity of the Wind Power Project.
As per the terms of the RfS, the [insert name & address of bank] hereby agrees unequivocally, irrevocably and unconditionally to pay to SECI at [Insert Name of the Place from the address of the SECI] forthwith on demand in writing from SECI or any Officer authorized by it in this behalf, any amount up to and not exceeding Indian Rupees [Total Value] only, on behalf of M/s [Insert name of the selected Wind Power Developer / Project Company].
In consideration of the ----- [Insert name of the Bidder] (hereinafter referred to as ‘selected Wind Power Developer') submitting the response to RfS inter alia for [Insert name of the RfS] of the capacity of ………..