INTERMEDIARY PROCURER definition

INTERMEDIARY PROCURER means a trader who shall aggregate the power purchased from different RE Projects and sell it to the distribution licensee(s).

INTERMEDIARY PROCURER means Solar Energy Corporation of India Limited;

INTERMEDIARY PROCURER means a trader who shall aggregate the power purchased from different RE Projects and sell it to the Buying Entity(ies).

Examples of INTERMEDIARY PROCURER in a sentence

• A As part of the Government of India’s target to achieve a cumulative installed capacity of 100 GW by the year 2022, SECI has been instrumental in developing grid connected solar power capacity in India and plays the role of Intermediary Procurer in line with the provisions of the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar Power Projects, issued by Ministry of Power, vide resolution dated 03.08.2017.

• As part of the Government of India’s target to achieve a cumulative installed capacity of 100 GW by the year 2022, SECI has been instrumental in developing grid connected solar power capacity in India and plays the role of the Intermediary Procurer under the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar Power Projects issued by Ministry of Power vide Gazette Resolution dated 3rd August 2017.

• A As part of the Government of India’s target to achieve a cumulative installed capacity of 60 GW of wind power projects by the year 2022, SECI has been instrumental in developing grid connected solar power capacity in India and plays the role of Intermediary Procurer in line with the provisions of the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Wind Power Projects, issued by Ministry of Power, vide resolution dated 08.12.2017.

• The Intermediary Procurer shall ensure that upon invoking this guarantee, it shall at once, pass on the same to the BESSD, to the extent the payments to the BESSD in terms of the BESPA are due.

• A As part of the Government of India’s target to achieve a cumulative installed capacity of 100 GW by the year 2022, MAHAGENCO has been instrumental in developing grid connected solar power capacity in Maharashtra and plays the role of Intermediary Procurer in line with the provisions of the Guidelines for Tariff Based Competitive Bidding Process for Procurement of Power from Grid Connected Solar Power Projects, issued by Ministry of Power, vide resolution dated 03.08.2017 and subsequent amendments.

More Definitions of INTERMEDIARY PROCURER

INTERMEDIARY PROCURER means company, designated by an order made by the Central Government under these rules as an intermediary between the end procurer and the generating company to purchase electricity from generating companies and resell it to the end procurer by aggregating the purchases or otherwise under guidelines issued by the Central Government from time to time;

INTERMEDIARY PROCURER means a trader who shall aggregate the BESS capacity from the different Projects and sell it to the Buying Entity(ies).

INTERMEDIARY PROCURER means an entity designated by Ministry of New and Renewable Energy, Government of India, or a State Government who shall aggregate the power purchased from different RE Power Generators for sale to distribution licensee(s)/consuming entities/open access consumers. In such cases, the distribution licensee(s) / consuming entities / open access consumers shall be the “End Procurer” and the intermediary shall be” Intermediary Procurer”.

INTERMEDIARY PROCURER means, NTPC Limited (NTPC) / NTPC Vidyut Xxxxxx Xxxxx Ltd (NVVN)

INTERMEDIARY PROCURER means Maharashtra State Power Generation Company Limited (MAHAGENCO);

INTERMEDIARY PROCURER means NHPC Limited

INTERMEDIARY PROCURER means Solar Energy Corporation of India Limited; “Invoice” or “Bill” shall mean either a Monthly Invoice, Monthly Bill or aSupplementary Invoice /Supplementary Bill by any of the Parties; “Late PaymentSurcharge” shall have the meaning ascribed thereto in Article 6.3.3 of thisAgreement; "Law" shall mean in relation to this Agreement, all laws including Electricity Laws in force in India and any statute, ordinance, regulation, notification or code, rule, or any interpretation of any of them by an Indian Governmental Instrumentality and having force of law and shall further include without limitation all applicable rules, regulations, orders, notifications by an Indian Governmental Instrumentality pursuant to or under any of them and shall include without limitation all rules, regulations, decisions andorders of the Appropriate Commission; “Letter of Credit” or “L/C” shall have the meaning ascribed thereto in Article 6.4 of this Agreement; "Month" shall mean a period of thirty (30) days from (and excluding) thedate of the event, where applicable, else a calendar month; “ Open Access” shall have the same meaning as provided in the Electricity Act 2003as amended from time to time; "Party" and "Parties" shall have the meaning ascribed thereto in the recital to thisAgreement; “Payment SecurityMechanism” shall have the meaning ascribed thereto in Article 6.4 of this Agreement; “Pooling Substation/ Pooling Point” means a point where more than one solar power projects may connect to a common transmission system. Multiple projects can be connected to a pooling substation from where common transmission system shall be constructed and maintained by the developer(s) to get connected to the ISTS substation. The voltage level for such common line shall be 220 kV and above. Further, the metering of the pooled power shall be done at the injection point,i.e. the ISTS substation. However, the voltage level of transmission system of individual projects up to the pooling substation may be at33 kV and above. Sub-meters shall be installed at the poolingsubstation for metering and forecasting and scheduling of