Plant Availability definition

Plant Availability means in respect of any Contract Year, the percentage of the total time within the Contract Year during which the Facility is Available. For this purpose, the Facility shall be considered to be “Available” at anytime if it is capable of generating Energy and is connected to the Delivery Point by facilities which are themselves capable of delivering the Energy generated by the Facility to the Delivery Point.
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Plant Availability means in respect of any Contract Year, the percentage of the total time within the Contract Year during which the Facility is Available. For this purpose, the Facility shall be considered to be “Available” at anytime if it is capable of generating Energy and is connected to the Delivery Point by facilities which are themselves capable of delivering the Energy generated by the Facility to the Delivery Point;
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Plant Availability means that the Facility is operating at a capacity such that all power requirements of the Purchaser are met up to the Project Capability.
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Examples of Plant Availability in a sentence

  • Seller shall ensure that the conceptual design and detailed design conforms to the Scope Book, as well as the other requirements of this Agreement, and will enable the Project to meet the Guaranteed LD Performance Test Requirements, Guaranteed PV Plant Availability, and Guaranteed XXXX Availability and Seller to achieve Final Completion.

  • Annual Fixed Cost specified for the year in rupees NAPAF= Normative Annual Plant Availability Factor in percentage NDM = Number of days in the month NDY = Number of days in the year PAFM= Plant Availability Factor achieved during the month in percentage.

  • The Plant Availability Factor during the Financial Year 2016-17 was at 83.41%.

  • Actual achievement for the Financial Year 2016-17 is as under: Increase in Plant Availability Factor over Previous Year excluding Run of River and Restricted PlantsFinancial Year 2015-16 - ActualFinancial Year 2016-17 - ActualActual increase over previous year92.85%93.43%0.62%Note:1.

  • From the Commercial Operations Date, the Seller shall achieve Plant Availability of not less than 85% (the “Required Plant Availability”) in any given month.

  • Total Plant Availability: the current MW value the plant can generate.

  • Presently, the aggregate installed capacity of your Company is 7,071 MW (including 2 power stations of 1,520 MW of NHDC Limited – Subsidiary Company of NHPC).Your Company had generated 22,975 Million Units (MUs) during the financial year 2017-18 and achieved highest ever Plant Availability Factor (PAF) of 85.32% as compared to 83.41% in the previous year.

  • Total Plant Availability: the current MW value the plant can generate Estimated Time of Return (“ETR”): Date (MMDDYYYY) and time (HH:MM) in 24H format.

  • In the subsequent contract years, ECC shall be escalated at the rate declared by Central Electricity Regulatory Commission (CERC).Capacity Charges shall be payable based on the Plant Availability irrespective of whether the power is scheduled for despatched by Punjab State Power Corporation Limited (PSPCL).

  • Recovery of capacity charges is dependent on the actual availability of plant for generating power with reference to Normative Annual Plant Availability Factor (NAPAF), which has been fixed at 90% for Nathpa Jhakri Hydro Power Station (NJHPS) and 82% for Rampur Hydro Power Station (RHPS) for the fiscal 2018.


More Definitions of Plant Availability

Plant Availability is calculated as follows: Where : H1 = the number of hours in the calendar month where the Plant is actually producing (or else is deemed to be available to produce) synthesis gas at the level of the Guaranteed Capacity (i.e. 22,000 Ncum/hour of Net Syngas). Deemed availability means when the Plant is able to produce syngas but does not produce syngas because Hai Hua does not require syngas or because Hai Hua has not provided the Input Commodities. Guaranteed Cap = Guaranteed Capacity (22,000 Ncum/hour of Net Syngas) EXECUTION VERSION [#] This information has been omitted in reliance upon Rule 406 under the Securities Act of 1933, as amended, and has been filed separately with the Securities and Exchange Commission. H2 = the number of hours in the calendar month where the Plant can, or is deemed to be able to produce synthesis gas but is not producing (or deemed to be available to produce) synthesis gas at the level of the Guaranteed Capacity (22,000 Ncum/hour of Net Syngas). Deemed availability means when the Plant is able to produce syngas but does not produce syngas because Hai Hua does not require syngas or because Hai Hua has not provided the Input Commodities. Reduced Cap = the Reduced Capacity of the Plant (i.e. below 22,000 Ncum/hour of Net Syngas) to produce, or to be deemed to be available to produce, syngas. H3 = the total number of hours in the calendar month For the avoidance of doubt, in applying the above formula, Plant Availability is not dependant only on the actual number of hours that the Plant operates and exports syngas to Hai Hua, but is instead dependant on the number of hours that the plant is deemed to be available to produce synthesis gas plus the number of hours it actually delivers synthesis gas. Monthly Capacity Fee = the figure stated in Table IV-1 above multiply by Plant Availability If the Plant is available (or deemed to be available) every hour of the month at or above the Guaranteed Capacity, Hai Hua shall pay to the Company 100% of the Capacity Fee for that month. In summary, the Monthly Capacity Fee as stated in Table IV-1 above and payable by Hai Hua to the Company shall be reduced only in the event of a “Plant Unplanned Outage” or “Reduced Capacity” in the following circumstances:
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Plant Availability for each Plant, the ability of such Plant over a particular period of time, to deliver electricity to KPLC’s System at the Plant’s Delivery Point, and the terms “Available” and “Unavailable” as used in the context of each Plant shall be construed accordingly;
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Plant Availability the ability of the Plant over a particular period of time, to deliver electricity to KPLC's System at the Delivery Point and the terms;
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Related to Plant Availability

  • System Availability for each System is calculated as follows:

  • Required Availability means Excess Availability and unrestricted cash and Cash Equivalents in an amount of not less than $5,000,000.

  • Service Availability The total number of minutes in a calendar quarter that the Tyler Software is capable of receiving, processing, and responding to requests, excluding maintenance windows, Client Error Incidents and Force Majeure.

  • Average Availability means, with respect to any period, the sum of the aggregate amount of Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Maximum Availability means, as of any date of determination, the difference of (i) the Facility Amount minus (ii) the balance of all unfunded Advances approved but not yet funded minus (iii) the Aggregate Unfunded Amount plus (iv) all amounts on deposit in the Unfunded Exposure Account, each as of such date of determination.

  • Borrowing Base Availability means, at the time of any determination, an amount equal to the lesser of the Borrowing Base at such time and the aggregate amount of the Commitments at such time.

  • Borrowing Availability means as of any date of determination the Maximum Amount less the sum of (i) the Revolving Loan and Swing Line Loan then outstanding and (ii) the Reserves as then in effect.

  • Revolving Availability means Class A Revolving Availability or Class B Revolving Availability, as applicable.

  • Excess Availability means, as of any date of determination, the amount equal to Availability minus the aggregate amount, if any, of all trade payables of Borrower and its Subsidiaries aged in excess of historical levels with respect thereto and all book overdrafts of Borrower and its Subsidiaries in excess of historical practices with respect thereto, in each case as determined by Agent in its Permitted Discretion.

  • Suppressed Availability means, at any time, an amount equal to the amount (if any, but in no event less than zero) by which the Borrowing Base exceeds the aggregate Revolving Commitments at such time.

  • Non-Availability Charges has the meaning set forth in the CAISO Tariff.

  • Undrawn Availability at a particular date shall mean an amount equal to (a) the lesser of (i) the Formula Amount, or (ii) the Maximum Revolving Advance Amount, minus the Maximum Undrawn Amount of all Letters of Credit, minus (b) the sum of (i) the outstanding amount of Revolving Advances, plus (ii) amounts due and owing to any Borrower’s trade creditors which are outstanding sixty (60) days or more past the due date thereof.

  • Average Excess Availability means, with respect to any period, the sum of the aggregate amount of Excess Availability for each Business Day in such period (calculated as of the end of each respective Business Day) divided by the number of Business Days in such period.

  • Canadian Availability means (a) the lesser of (x) the Canadian Sublimit and (y) the sum of (i) the Canadian Borrowing Base plus (ii) solely to the extent the total Revolving Exposure relating to the Canadian Borrower exceeds the Canadian Borrowing Base, the US Availability (calculated without giving effect to any Canadian US Borrowing Base Utilization), minus (b) the total Revolving Exposure relating to the Canadian Borrower.

  • Availability Amount is (a) the lesser of (i) the Revolving Line or (ii) the amount available under the Borrowing Base minus (b) the outstanding principal balance of any Advances.

  • Availability Block means $15,000,000.

  • Swing Line Availability has the meaning ascribed to it in Section 1.1(c)(i).

  • Cash Flow Available for Debt Service for any period, means (i) Cash Flow received during such period minus (ii) (A) all O&M Costs paid during such period and (B) if an Equity Cure has been made in any fiscal quarter during the period for which Cash Flow Available for Debt Service is calculated, the lesser of the aggregate amount of (x) such Equity Cure during such period and (y) the aggregate amount of cash distributions paid by the Company during such period.

  • Maximum Available Commitment means, subject to the proviso contained in the third sentence of Section 2.02(a), at any time of determination, (a) the Maximum Commitment at such time less (b) the aggregate amount of each Interest Advance outstanding at such time; provided that following a Provider Advance or a Final Advance, the Maximum Available Commitment shall be zero.

  • Maximum Available Minutes is the sum of all Deployment Minutes across all Queues and Topics deployed by Customer in a given Azure subscription during a billing month.

  • Quarterly Average Excess Availability means, at any time, the daily average of the Excess Availability for the immediately preceding fiscal quarter as calculated by Agent in good faith.

  • Final Availability Date means the earlier of the Revolving Termination Date and one (1) Business Day prior to the date specified in clause (a) of the definition of Revolving Termination Date.

  • Consolidated Cash Flow Available for Fixed Charges means, with respect to any Person for any period:

  • Revolving Loan Availability means, at any time, the Revolving Loan Limit minus the Revolving Loan Outstandings.

  • Revolving Availability Period means the period from and including the Effective Date to but excluding the earlier of the Revolving Maturity Date and the date of termination of the Revolving Commitments.

  • Average Daily Availability means the average daily Availability for the immediately preceding Fiscal Quarter.