Commercial Date of Operation definition

Commercial Date of Operation. (COD) shall mean the date after which all testing and commissioning has been completed and is the initiation date to which the seller can start producing electricity for sale (i.e. when the project has been substantially completed). The Commercial Date of Operation is same as the date of commissioning.
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Commercial Date of Operation. (COD) shall mean with respect to each generating unit, the date on which such generating unit is declared by the Developer to be operational, provided that the Developer shall not declare a generating unit to be operational until such generating unit has completed its
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Commercial Date of Operation. (COD) shall mean with respect to each generating unit, the date on which such generating unit is declared by the solar power producer to be operational, provided that the solar power producer shall not declare a generating unit to be operational until such generating unit has completed its performance acceptance test as per standards prescribed.
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Examples of Commercial Date of Operation in a sentence

  • The B.G shall be valid upto the period of Commercial Date of Operation (COD) as indicated by the generator and shall be extendable upto the actual COD.

  • The Commercial Date of Operation (COD) of Unit-I and Unit-II were scheduled in November 2010 and February 2011 respectively.

  • In addition, the License Exempted Bukasa Off-Grid in Bukasa Island, Kalangala District with a Solar-Hybrid Installed Capacity of 0.1 MW achieved Commercial Date of Operation during the Second Quarter of 2020.By December 2020, Uganda had a Total Installed Capacity of 1,269.1 MW of which 1,255.2 MW supplied the Main Grid and 13.9 MW Off the Main Grid1.

  • Payment of the full amount of the design incentive will be made on or following the project's Commercial Date of Operation (CDO).

Related to Commercial Date of Operation

  • Commencement of Operations means the beginning of active operations by a qualifying business of the principal function for which a qualifying project was constructed.

  • Area of operation means an area coextensive with the territorial boundaries of the land acquired or

  • Certificate of operation means a document issued by the administrator or an approved local jurisdiction for a conveyance indicating that the conveyance has been inspected by the administrator, an approved local jurisdiction, or a licensed third-party conveyance inspector and approved under this article.

  • Plan of operation means the plan of operation of the program

  • Areas of Operations means the locations where PURCHASER performs the operations described in the contract.

  • Hours of Operation are the hours established by the Employer to provide adequate service to the public and to fulfil the functions of the work unit.

  • AREA OF OPERATIONS means the Company's oilfield operations in the States of Assam and Arunachal Pradesh.

  • School fiscal year means a fiscal year that commences July 1 and continues through June 30.

  • Date of Commercial Operation means the date on which the (nuclear or non-nuclear) power plant has successfully passed all performance and operational tests required by the end customer for commercial operation. In all other cases the warranty shall apply for twenty-four (24) months from delivery of the goods or performance of the services, or such longer period of time as customarily provided by Supplier, plus delays such as those due to non-conforming goods and services. The warranties shall apply to Buyer, its successors, assigns and the users of goods and services covered by this Order.

  • Railway Operation Date means the date of the first carriage of iron ore, freight goods or other products over the relevant Railway (other than for construction or commissioning purposes);

  • Accounting Period means a period ending on and including an accounting date and commencing (in case of the first such period) on the date on which the Trust Property is first paid or transferred to the Trustee and (in any other case) from the next day of the preceding accounting period.

  • Operation Period means the period commencing from COD and ending on the Transfer Date;

  • Operational Period means the Certificate’s actual term of validity, beginning with the start of the Validity Period and ending on the earlier of: (i) the end of the Validity Period disclosed in the Certificate; or (ii) the revocation of the Certificate.

  • Operational Date means the date on which a union school district

  • Academy Financial Year means the academic year from 1st of September to 31st of August of the following year;

  • Current Fiscal Year means the fiscal year for which a particular calculation is made.

  • Quarter means, unless the context requires otherwise, a fiscal quarter of the Partnership, or, with respect to the fiscal quarter of the Partnership which includes the Closing Date, the portion of such fiscal quarter after the Closing Date.

  • Commercial Operation Date means the date on which a Material Project is substantially complete and commercially operable.

  • Program Year means the annual period beginning January 1 and ending December 31.

  • Commercial Operations Date or "COD": The date on which Facility first achieves Commercial Operations.

  • Scheduled Commercial Operation Date shall have the meaning ascribed to it in Clause 5.4.1;

  • Operating Period for any Element of the Project shall mean the period from (and including) the COD of such Element of the Project, up to (and including) the Expiry Date and for the Project, shall mean the period from (and including) the COD of the Project, up to (and including) the Expiry Date;

  • Federal Fiscal Year means the period beginning October 1 and ending September 30 each year, which is the annual accounting period for the United States government.

  • Fiscal Year means the fiscal year of the Company.

  • Annual Accounting Period or “Financial Year” means the period commence on 1st July and shall end on 30th June of the succeeding calendar year.

  • Fiscal Month means any of the monthly accounting periods of Borrower.