Turnkey Construction Agreement Sample Contracts

AutoNDA by SimpleDocs
 Fuel efficiency exceeding 85 percent  Long-term service agreement
Turnkey Construction Agreement • July 31st, 2018

Siemens and STEAG GuD Herne GmbH signed an agreement today on the turnkey construction of a combined cycle power plant with district heat extraction. They also entered into a long-term service agreement. The Herne 6 plant will have an electrical capacity of more than 600 megawatts (MW). Steam will also be extracted, and the thermal energy obtained will be used for the district heating grid of Germany’s Rhine-Ruhr metropolitan region. Never before has a single power plant unit been able to provide 400 MW of (thermal) district heat with combined cycle operation. The overall fuel efficiency of the natural gas used thus climbs to more than 85 percent, making the power plant one of the world’s most efficient and most environmentally friendly plants. The investment volume for Herne 6 is in the mid- triple-digit euro range.

ir kusur, eksiklik ve hatadan sorumludur.
Turnkey Construction Agreement • November 13th, 2018

New types of agreements that would transfer the risk of work to the contractor and be more reliable were needed for investments that require high costs in public and private parts of the construction sector. Turnkey construction agreements were created for this purpose.

SOLON SE’s subsidiary in the U.S. reaches agreement with Tucson Electric Power Company
Turnkey Construction Agreement • October 2nd, 2020

Berlin, Germany, August 11, 2010. On behalf of Tucson Electric Power Company (TEP), SOLON Corporation, which is the U.S. subsidiary of Berlin-based solar energy company SOLON SE, will build a 1.6MWp power plant in Tucson, Arizona. The agreement pertains to the turnkey construction of the power plant for TEP, which will then own and operate the plant. Completion is scheduled by the end of this year. The University of Arizona will host it at UATechPark’s SolarZone, a 200 acre project that brings industry, research and solar demonstration components into a solar integration center.

TURNKEY CONSTRUCTION, REPORTING AND INDEMNITY AGREEMENT
Turnkey Construction Agreement • April 11th, 2022 • Ontario

Contractor agrees to engineer, procure and construct the Project and deliver ownership of the Project to the Owner upon substantial completion.

YNH PROPERTY BHD (“YNH” OR “COMPANY”) TURNKEY CONSTRUCTION AGREEMENT (“TCA”)
Turnkey Construction Agreement • January 19th, 2024

On 20 June 2016, the wholly-owned subsidiary of the Company, namely Kar Sin Bhd (“KSB”) (as contractor) entered into a Turnkey Construction Agreement with Great Wall Park Sdn Bhd (“GWP”) (as developer) for the purpose of developing the freehold land held under individual title H.S.(D) 47941 P.T. 48632 in the Mukim of Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur (“Development Land”) into a mixed residential and commercial development (hereinafter referred to as “Development”) in accordance with the terms and conditions of the TCA. In order to provide security to GWP as developer, KSB as contractor shall pay to GWP a sum of RM41,500,000.00 only as the security deposit for the Development Land (“Security Deposit”) upon execution of the TCA.

Duisburg, 9 April 2013. Hitachi Power Europe (HPE) and client Terna S.A. will turnkey-construct the 660 MW "Ptolemais V" lignite power plant in northern Greece and place it into operation. The contract with state energy supplier PPC "Public Power...
Turnkey Construction Agreement • April 8th, 2013

The supply offer from HPE and Terna - a proven Greek plant constructor - prevailed in an international bid invitation. As Terna's sub-contractor, HPE is responsible for the entire design engineering. It will also supply the utility steam generator including balance-of-plant and – together with parent Hitachi, Ltd. – the steam turbine generator and the entire flue gas cleaning system. Terna will construct the power plant and place it into operation.

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!