Procurer definition

Procurer means Rajasthan Urja Vikas Nigam Limited on behalf of Discoms

Procurer means UGVCL

Procurer means the Power Development Department, Government of Jammu & Kashmir or any other successor entity created as a result of restructuring of the Power Development Department of the Jammu and Kashmir State;

Examples of Procurer in a sentence

• Upon occurrence of a Developer Default, the Procurer shall, without prejudice to its other rights and remedies hereunder or available in law, be entitled to encash and appropriate the relevant amounts from the Performance Security as Damages for such Developer Default.

• Procurer shall have no recourse against any officer, director or shareholder of the Developer or any Affiliate of the Developer or any of its officers, directors or shareholders for such claims excluded under this Article.

• Procurement of the balance capacity shall be at the sole discretion of the Procurer and the AFC for the same shall be lower of the (a) the rates discovered in the latest competitive bid in the country for providing storage services from any technology, or (b) 75% of the AFC quoted by the Developer.

• In the event of delay in payment of a monthly bill by Procurer beyond its Due Date, a late payment surcharge shall be payable to the Developer as per Electricity (Late Payment Surcharge and related matters) Rules, 2023 as amended from time to time or any subsequent re-enactment thereof.

• The Developer shall have no recourse against any officer, director or shareholder of Procurer, or any affiliate of Procurer or any of its officers, directors or shareholders for such claims excluded under this Article.

More Definitions of Procurer

Procurer means any member of College Staff, including administration staff, allocated the responsibility of procuring goods and services by their Head of Department, who is responsible for the procurement of goods and services.

Procurer means the person designated by the Minister in terms of section 34 of the Electricity Regulation Act, 2006 (Act No. 4 of 2006) as being responsible for the preparation, management and implementation of the activities related to procurement of new generation capacity under an IPP procurement programme including the negotiation of the applicable power purchase agreements, which person may or may not be a buyer.

Procurer means PGVCL

Procurer means a person, including a Distribution Licensee, Trading Licensee or an Open Access consumer, procuring electricity through a transaction scheduled in accordance with the Regulations governing Open Access;

Procurer means Rajasthan Urja Vika Nigam Limited on behalf of Discoms

Procurer means power Distribution Companies of Andhra Pradesh and shall refer to APSPDCL and/or APEPDCL who would purchase the solar Pumpsets;

Procurer means, as the context may require, the distribution licensees, or the Authorized Representative(s) or an Intermediary Procurer.