CAPEX model definition
CAPEX model means a business model where the Project Developer sets up a Solar PV Power Project on the rooftop of a building/land owned by a different entity/client organization. The cost for setting up of solar PV project is paid by the client organization. The Project Developer is responsible for construction, commissioning, and operation of the Project for the agreed term.
CAPEX model means, the bidder enters into an Agreement with the rooftop owner at the quoted project cost as per RfS for the Scope of work not limited to that indicated in the RfS as per mutually agreed terms and conditions.
CAPEX model means where the facility owner hires an EPC company to install solar Ground mounted PV system and invests the entire capital expenditure of the Project. The entire system will be owned by BSCL, however, responsibility of O&M including safety & security of the system including O&M period shall be in scope of Contractor.
Examples of CAPEX model in a sentence
For the avoidance of doubt, this Clause does not apply to the Products if the Client has selected the CAPEX model.
Unless a CAPEX model has been chosen, Customer shall pay to SJS periodic subscription fees for the Services and technical support services provided hereunder in accordance with the applicable level of Service purchased.
For the avoidance of doubt, this Clause does not apply if the Client has selected the CAPEX model.
More Definitions of CAPEX model
CAPEX model means where the roof/facility owner hires an EPC company to install solar Roof Top PV system and invests the entire capital expenditure of the Project. The entire system will be owned by roof/facility owner, however, responsibility of O&M including safety & security of the system during the O&M period shall be of the EPC Contractor.
CAPEX model means Capital Expenditure – Model
CAPEX model means, the bidder executing the project at the quoted project cost as per RFS for the Scope of work not limited to that indicated in the RFS as per mutually agreed terms and conditions.
CAPEX model means where the roof owner hires an EPC company to install solar Roof Top PV system and invests the entire capital expenditure of the Project. The entire system will be owned by the roof top owner, however, responsibility of O&M of the system for the entire project life shall be in scope of Bidder.