ISTS Licensee shall be the TSP under this Agreement, consequent to having been awarded a Transmission License by the CERC and shall be referred to as the TSP or the ISTS Licensee, as the context may require in this Agreement;
ISTS Licensee means Power Grid Corporation of India Limited or an Inter State Transmission Licensee under the Electricity Act, 2003.
ISTS Licensee means Power Grid Corporation of India Limited or an Inter State Transmission Licensee under the Electricity Xxx, 0000.
Examples of ISTS Licensee in a sentence
The CTU shall then compare the RSA Amount Payable with the amount paid to the each ISTS Licensee for each month during the preceding Financial Year (“RSA Amount Paid”).
Each ISTS Licensee shall notify within fifteen (15) days of the Effective Date of this Agreement to the CTU of the details of its bank account to which the disbursement proceeds shall be credited..
More Definitions of ISTS Licensee
ISTS Licensee means the person having been awarded a Transmission License by the CERC under Section 14 of the Act;
ISTS Licensee shall have the meaning, as defined in the Transmission Service Agreement;
ISTS Licensee meansPower Grid Corporation of India Limited or an Inter State Transmission Licensee under the Electricity Act, 2003.
ISTS Licensee which expression shall unless repugnant to the context or meaning thereof include its successors, and permitted assigns) as Party of the other part;