Operational Years Sample Clauses

Operational Years. The Power Producer shall maintain general cleanliness of area around the Project during construction and operation period, i.e., Term of the PPA of the Project. In case any damages is caused to the equipment / facilities owned by the Procurer due to the Power Producer, the same shall be made good / rectified by the Power Producer at its risk and cost.
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Operational Years. In case the bidder desires to do ground mount for part/full capacity for any site then bidder should consider the associated civil costs for such sites while bidding.
Operational Years. The Power Producer shall maintain general cleanliness of area around the Project during construction and operation period, i.e., Term of the PPA of the Project. In case any damages is caused to the equipment / facilities owned by the Procurer due to the Power Producer, the same shall be made good / rectified by the Power Producer at its risk and cost. Subject to any punch-list items which shall be agreed by the Procurer as not being material to Completion of the Project, the Power Producer agrees that it shall achieve the COD of the Project within [insert number of months in words] (XX) Months from execution of this agreement (“SCOD”). At the time of Commissioning, Procurer shall ensure that sufficient load is available at the Delivery Point(s) to ensure synchronization and drawl of power from the Project. If the Power Producer is unable to commence supply of solar power to the Procurer by the SCOD, other than for the reasons specified in ARTICLE 9: or Article 11.2 , the Power Producer shall pay to Procurer Liquidated Damages for the delay in such commencement of supply of solar power as per the RFP and/or PPA. Procurer, in coordination with Power Producer, shall ensure that all arrangements and infrastructure for transmission or/ and distribution solar power beyond the Delivery Point(s) are ready on or prior to the COD and is maintained in such state in accordance with applicable laws through the Term of PPA. Liquidated Damages In case of natural calamity or any reason beyond the control of Power Producer or unavoidable circumstances, the work is not completed within the given timeframe, Nodal Agency may consider grant of extension after the reason submitted by Power Producer are found to be satisfactory, Delay in receipt of equipment of Solar System like solar panel, PCU, etc. from the vendors, to whom the Bidder has placed order, shall not be considered as a reason for extension. If the Power Producer fails to execute the work and Commission the project on or before the SCOD, Nodal Agency shall have the right to impose penalty equivalent to X% of C-PBG value per week from the SCOD subject to maximum of [insert number of weeks in words] (XX) weeks delay. In case of delay beyond extended timeline of [insert number of weeks in words] (XX) weeks, Nodal Agency may allow Power Producer to work with additional penalty up to [insert number of weeks in words] (XX) more Weeks. Power Producer shall be required to submit additional C-PBG of XX% of earlier C-PBG val...
Operational Years. Net Asset Value = Normative Project Cost X (1 (3% X No. of Operational Years))
Operational Years. The responsibility of operation of warranty and guarantee clauses and claims/ settlement of issues arising out of said clauses shall be responsibility of the Power Producer and APDCL will not be responsible in any way for any claims whatsoever on account of the above.
Operational Years. In such case the termination payment shall be deposited on Nodal Agency’s designated bank account. Nodal Agency shall keep the share of termination payment in the ratio of subsidy paid to total Normative Project Cost. The rest will be deposited in the designated bank account. The Parties shall promptly execute all documents necessary to cause title to the Project to pass to Procurer on the date of termination free and clear of all liens and assign all vendor warranties for the Project to the Procurer. Upon execution of the documents and payment of the applicable purchase price in each case as described in the preceding sentence, the agreement shall stand terminated and the Procurer shall become the owner of the Project. The transfer of Project will be without any encumbrances, no assignments. Upon such termination, the Power Producer may offer' its operations and maintenance ("O&M") services to the Purchaser and the Parties may enter into an O&M agreement in this regard. The terms and conditions of the O&M agreement will be negotiated in good faith between the Parties. Notwithstanding Terminations, both Power Producer and Procurer shall ensure full and final settlement of respective rights and obligations pursuant to terms and conditions of this RFP and Agreement/ PPA, so that neither would have to carry and bear the burden of the other’s rights and obligations. Towards fulfilment of this provision, an affidavit on a non-judicial stamp paper shall have to be furnished by both Power Producer and Procurer to each other at the time of termination.
Operational Years. In case the bidder desires to do ground mount for part/full capacity for any site then bidder should consider the associated civil costs for such sites while bidding. Internal electrification: Inspection of the existing electrical network of each of the Project site; Inspection of the Project in respect of its interfacing with licensee network/identified electrical load; Preparation and submission of electrical drawing for the site with quantity of material required; Obtaining prior approval of the work and drawing from Inspecting Authority; Execution of the work in accordance with the norms and regulation directives for testing and completion of the Project to the satisfaction of the Nodal Agency;
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Operational Years. The ratings given are approximately, Power Producer to indicate size and length as per system design requirement. All the cables required for the Project provided by the Power Producer. All cable schedules/layout drawings approved prior to installation. Multi Strand, Annealed high conductivity copper/aluminium conductor PVC type ‘A’ pressure extruded insulation or XLPE insulation. Overall PVC/XLPE insulation for UV protection Armored cable for underground laying. All cable trays including covers to be provided. All cables conform to latest edition of IEC/ equivalent BIS Standards as specified below: BOS item / component Standard Description Standard Number Cables General Test and Measuring Methods, PVC/XLPE insulated cables for working Voltage up to and including 1100 V ,UV resistant for outdoor installation IS /IEC 69947. The size of each type of DC cable selected shall be based on minimum voltage drop. The size of each type of AC cable selected shall be based on minimum voltage drop however; the maximum drop shall be limited to 2 %. All such external electrical works shall be required to be done as per DISCOMs SOR.
Operational Years. Net Asset Value = Normative Project Cost X [(1 (3% X 15 Operational Years) (5.5% X No. of Operational Years exceeding 15 years)] In such case the termination payment shall be deposited in the designated bank account.
Operational Years. Net Asset Value = Normative Project Cost X [(1 (3% X 15 Operational Years) (5.5% X No. of Operational Years exceeding 15 years)] SPD shall make the roof in original condition existing as before the start of this Project. This has to be undertaken at SPDs cost without any liability to Procurer.
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