Buying Utility definition

Buying Utility means an End Procurer as defined in the Guidelines who has agreed to purchase the Solar Power from SECI and has signed/will sign the Power Sale Agreement with SECI. It is clarified that all obligations of SECI under this Agreement shall be deemed to be the obligations of Buying Entities with which SECI has signed/will sign Power Sale Agreement.

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Buying Utility or Discoms shall mean Distribution Companies and shall also include wherever admissible the Distribution licensees or buying entity in any State or any bulk consumer who agreed to avail the Battery Energy Storage Capacity from SECI and executed (/ would execute) the Battery Energy Storage Sale Agreement (BESSA) from time to time with SECI to meet demand requirement;

Buying Utility means Maharashtra State Electricity Distribution Company Limited that requires Solar power to fulfil its solar RPO under respective RPO regulations;

Examples of Buying Utility in a sentence

Subject to the above, the ISTS charges and losses beyond the Delivery Point(s) and upto thedrawl point(s), shall be borne by the Buying Utility upon the execution of the relevant PSA.
The enforcement of the rights and obligation between the SPD and the Buying Utility (ies) provided in this Agreement and in the PSA shall not be treated as an assignment but an enforcement of the terms agreed under this Agreement.
SJVN may however agree to buy such power at a tariff as agreed to between SJVN and the BuyingEntity (including SJVN’s trading margin) as per the PSA, provided the Buying Utility consents for purchase of such power.
Except for payment under Article 10.7.1 (i), Payment will be made after realization of the same from the Buying Utility under the Power Sale Agreement.
In case of early part-commissioning, till SCD, subject to the consent for such purchase by the Buying Utility, SECI may purchase the generation at the PPA tariff.

More Definitions of Buying Utility

Buying Utility or“Discom” Shall mean MSPDCL which has agreed to purchase the solar power from SPD.

Buying Utility means the distribution companies or distribution licensees or buying entity in any State or any bulk consumer who has agreed to purchase the Solar Power from SECI and has signed/will sign the Power Sale Agreement with SECI. It is clarified that all obligations of SECI under this Agreement shall be deemed to be the obligations of Buying Entities with which SECI has signed/will sign Power Sale Agreement.

Buying Utility or “Discoms” Shall mean Distribution companies and shall include wherever admissible the Distribution licensees or buying entity in any State or any bulk consumer who agreed to purchase the wind-solar hybrid power from SECI and execute the Power Sale Agreement from time to time with SECI, and requires hybrid power to fulfil its wind and other RPO and along with Storage Purchase Obligations under respective RPO regulations or to meet demand requirement;

Buying Utility means Distribution companies and shall include wherever admissible the Distribution licensees or buying entity in any State or any bulk consumer who agreed to purchase the Solar Power from SECI and execute the Power Sale Agreement from time to time with SECI, and requires Solar Power to fulfil its other RPO under respective RPO regulations or to meet demand requirement;

Buying Utility means Uttar Pradesh Power Corporation Limited or UPPCL;

Buying Utility or “Discoms” Shall mean Distribution licensees of Rajasthan State on whose behalf RUVNL has agreed to purchase the wind-solar hybrid power to fulfil ‘wind’, ‘Others’ RPO and ‘Storage’ Purchase Obligations under the RPO regulations and/or to meet demand requirement;

Buying Utility or “Discoms” or Procurer Shall mean CESC Limited (CESC) which is a Distribution licensee in the State of West Bengal, who has agreed to purchase the wind-solar hybrid power from the HPD(s) and execute the Power Purchase Agreement (PPA). CESC requires hybrid power to fulfil its Solar and other RPO under respective RPO regulations as well as to meet demand requirement;