Hybrid Power Developer definition

Hybrid Power Developer means the Bidding Company or a Bidding Consortium participating in the bid and having been selected and allocated a hybrid project capacity by MSEDCL through a competitive bidding process.
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Hybrid Power Developer or “HPD”, as the case may be which expression shall, unless repugnant to the context or meaning thereof, be deemed to include its successors and assignees) as a Party of the First Part; And Gujarat Urja Xxxxx Xxxxx Limited, a company incorporated under the Companies Act 1956 (1 of 1956) having its registered office at Xxxxxx Xxxxx Vidyut Bhavan, Race Course Vadodara – 390 007, (hereinafter referred to individually, as “GUVNL” or "Power Procurer", which expression shall, unless repugnant to the context or meaning thereof, include its successors and assignees) as a Party of the Second Part; The HPD and GUVNL are individually referred to as ‘Party’ and collectively referred to as ‘Parties’.
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Examples of Hybrid Power Developer in a sentence

  • Any extension charges paid so, shall be returned to the Hybrid Power Developer without any interest on achievement of successful commissioning within the SCOD on pro-rata basis, based on the Project Capacity commissioned on SCOD.

  • However, in case of any delay in commissioning of the project beyond the Scheduled Commissioning Date, the amount as deposited above by the Hybrid Power Developer shall not be refunded by MSEDCL.

  • Till expiry of the Suspension Period, MSEDCL will be entitled to cure its default and buy power from the Hybrid Power Developer.

  • Upon the occurrence of an Event of Default as set out in Article 10.3 (B) above, the Hybrid Power Developer may deliver a Default Notice to MSEDCL in writing which shall specify in reasonable detail the Event of Default giving rise to the Default Notice, and calling upon MSEDCL to remedy the same.

  • The Hybrid Power Developer shall maintain books of account relating to the Project in accordance with generally accepted Indian accounting principles.

  • At the expiry of 30 (thirty) days from the delivery of this default notice and unless the Parties have agreed otherwise, or the Event of Default giving rise to the default notice has been remedied, MSEDCL may deliver a Termination Notice to the Hybrid Power Developer.

  • No banking facility shall be allowed to Hybrid Power Developer and third parties.

  • Provided however, no approval is required from MSEDCL for the assignment by the Hybrid Power Developer of its rights herein to the Financing Parties and their successors and assigns in connection with any financing or refinancing related to the construction, operation and maintenance of the Project.

  • The lower limit will, however, be relaxable by MSEDCL to the extent of grid non-availability which is beyond the control of the Hybrid Power Developer.

  • The proviso to regulation 8(1)(d) and Regulation 8(1)(f) of Trading License is applicable only if and when the time for giving Letter of Credit lapses and the intermediary trader (SECI) does not open the letter of credit under the PPA in favour of Hybrid Power Developer as per the terms and conditions contained in Article 10.4 of the PPA.

Related to Hybrid Power Developer

  • Member-managed limited liability company means a limited liability company that is not a manager-managed limited liability company.

  • Manager-managed limited liability company means a limited liability company that is managed by

  • Plug-in Hybrid Electric Vehicle (PHEV) means a vehicle that is similar to a Hybrid but is equipped with a larger, more advanced battery that allows the vehicle to be plugged in and recharged in addition to refueling with gasoline. This larger battery allows the car to be driven on a combination of electric and gasoline fuels.

  • Hybrid Loop means a Local Loop comprised of both fiber optic cable, usually in the feeder plant, and copper wire or cable usually in the distribution plant.

  • Hybrid Entity means a single legal entity that is a covered entity and whose business activities include both covered and non-covered functions, and that designates health care components in accordance with 45 C.F.R. § 164.105(a)(2)(iii)(C). A Hybrid Entity is required to designate as a health care component, any other components of the entity that provide services to the covered functions for the purpose of facilitating the sharing of Protected Health Information with such functions of the hybrid entity without business associate agreements or individual authorizations. The District of Columbia is a Hybrid Covered Entity. Hybrid Entities are required to designate and include functions, services and activities within its own organization, which would meet the definition of Business Associate and irrespective of whether performed by employees of the Hybrid Entity, as part of its health care components for compliance with the Security Rule and privacy requirements under this Clause.

  • Partnership Subsidiary means Host LP and any partnership, limited liability company, or other entity treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes in which either Host REIT or Host LP owns (or owned on or after January 1, 1999) an interest, either directly or through one or more other partnerships, limited liability companies or other entities treated as a partnership for federal income tax purposes or disregarded as a separate entity for federal income tax purposes (whether or not Host REIT or Host LP has a controlling interest in, or otherwise has the ability to control or direct the operation of, such entity). Notwithstanding the foregoing, the term “Partnership Subsidiary” shall not in any way be deemed to include the Non-Controlled Subsidiaries or subsidiaries thereof, the Taxable REIT Subsidiaries or subsidiaries thereof, or the Subsidiary REITs or subsidiaries thereof.

  • General partnership means an organization formed under chapters 45-13 through 45-21.

  • Performing Common Equity means Capital Stock (other than Preferred Stock) and warrants of an issuer all of whose outstanding debt is Performing.

  • Power Project or “Project” shall mean the Solar power generation facility of Contracted Capacity of ………..[Insert capacity] MW, located at [Insert name of the place] in …. [Insert name of the District and State] having a separate control system, metering and separate points of injection into the grid at Delivery/Interconnection/Metering point at ISTS substation or in case of sharing of transmission lines, by separate injection at pooling point. This includes all units and auxiliaries such as water supply, treatment or storage facilities; bay/s for transmission system in the switchyard, dedicated transmission line up to the Delivery Point and all the other assets, buildings/structures, equipment, plant and machinery, facilities and related assets required for the efficient and economic operation of the power generation facility; whether completed or at any stage of development and construction or intended to be developed and constructed for the purpose of supply of power as per this Agreement;

  • Hybrid electric vehicle (HEV) means a hybrid vehicle where one of the propulsion energy converters is an electric machine.

  • Wholly-Owned Consolidated Subsidiary means any Consolidated Subsidiary all of the shares of capital stock or other ownership interests of which (except directors' qualifying shares) are at the time directly or indirectly owned by the Company.

  • Not off-vehicle charging hybrid electric vehicle (NOVC-HEV) means a hybrid electric vehicle that cannot be charged from an external source.

  • Portfolio Company means the issuer or obligor under any Portfolio Investment held by any Obligor.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Partnership Group Member means any member of the Partnership Group.

  • crew member means a person assigned by an operator to duty on an aircraft during a flight duty period;

  • Limited liability partnership or “LLP” shall mean a Company governed by Limited Liability Partnership Act 2008 or as amended;

  • Borrower Partnership Agreement means the Limited Partnership Agreement of the Borrower dated as of January 17, 2014 as such agreement may be amended, restated, modified or supplemented from time to time with the consent of the Administrative Agent or as permitted under Section 10.10.

  • General Partner Loan shall have the meaning set forth in Section 4.3.B.

  • Power Pool means the scheme operated by the Independent System Operator under the Act for exchange of Energy and financial settlement for the exchange of Energy;

  • Single member limited liability company means a limited liability company that has one direct member.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Off-vehicle charging hybrid electric vehicle (OVC-HEV) means a hybrid electric vehicle that can be charged from an external source.

  • GP means Gottbetter & Partners, LLP.

  • Foreign limited liability partnership means a partnership that: