Construction and Operations. 5.1 The SPO has all the Approvals which are required to carry out its obligations under this Agreement. The SPO will be the legal and beneficial owner of the Plant. It will develop, finance, design, procure, maintain and install the Plant at its own cost and risk in accordance with the Applicable Laws and as per prudent industry practice. The SPO shall install and maintain metering equipment at the Delivery Point in accordance with Applicable Laws. SPO shall also take all further Approvals whatsoever which may be required after the execution of this Agreement at its own end only. Customer will however provide all necessary support in terms of any kind of documentations as and when required for taking any such kind of approvals) Notwithstanding anything contained in this Agreement, the Consumer shall have no obligations whatsoever to take any Approval and all the compliances shall be done by SPO alone. Customer acknowledges that it has no ownership interest in the Plant. The SPO shall be solely responsible for ensuring that the Plant is commissioned in accordance with this Agreement and Best Utility Industry Practices at its own cost, risk and expense and ensuring safety of the employees and assets of the Consumer and compensate for any loss /damage/death /injury to the employee or property of the Consumer or if there is any non compliance with Applicable Law and any action is taken due to lack of Approvals.
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Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
