Pursuant to Article 4. 1.1 (l), SECI shall set up a payment security fund for Wind Power Projects in order to ensure timely payment. This fund will have a corpus to cover 3 months’ payment.
Appears in 5 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
Pursuant to Article 4. 1.1 (l), SECI shall set up a payment security fund for Wind Hybrid Power Projects in order to ensure timely payment. This fund will have a corpus to cover 3 months’ payment.
Appears in 3 contracts
Samples: Power Purchase Agreement, Power Purchase Agreement, Power Purchase Agreement
