Project Financing Arrangements definition

Project Financing Arrangements means arrangement of necessary funds by the Project Developer either by way of commitment of funds by the company from internal resources and/or tie up of funds through a bank / financial institution by way of sanction of a loan;

Project Financing Arrangements means arrangement of necessary funds by the Project Developer either by way of commitment of funds by the company from its internal resources and/or tie up of funds through a bank / financial institution by way of sanction of a loan or letter agreeing to finance;

Project Financing Arrangements means arrangement of necessary funds by the Hybrid Power Developer either by way of commitment of funds by the Company from its internal resources and/or tie up of funds through a bank / financial institution by way of a legally binding agreement for commitment of such finances.

Examples of Project Financing Arrangements in a sentence

• The SPG shall report Project Financing Arrangements within 150 days from the date of signing Energy Purchase Agreement.In case of delay in achieving above condition as may be applicable, TANGEDCO shall encash Performance Bank Guarantees and shall remove the project from the list of the selected projects.

• The Project Developer shall report Project Financing Arrangements within 210 days from the date of signing Power Purchase Agreement.

• The Project Developer shall report Project Financing Arrangements for the projects within 210 days from the date of signing of PPA.

• The Project Developer shall report Project Financing Arrangements for the projects within 210 days from the date of signing of PPA.The project developer would provide evidence that the requisite technical criteria as per Annexure-1 have been fulfilled and orders placed / agreements entered into, for supply of plants and equipments for the project.

• Any infirm power produced and flowing into the STU/ Railway Transmission system before COD shall not be at the cost of Nodal Railway under this scheme and SPD cannot sell this power to any other organization or individual.2.26 Financial Closure or Project Financing Arrangements The Project Developer shall report Project Financing Arrangements for the Projects within 9 months from the Effective Date i.e. Signing of PPA.

More Definitions of Project Financing Arrangements

Project Financing Arrangements means arrangement of necessary funds by the SPD either by way of commitment of funds by the Company from its internal resources and/or tie up of funds through a bank/ financial institution by way of sanction of a loan or letter agreeing to finance;

Project Financing Arrangements means arrangement of necessary funds by the Solar Power Developer either by way of commitment of funds by the Company from its internal resources and/or tie up of funds through a bank/ financial institution by way of sanction of a loan or letter agreeing to finance;

Project Financing Arrangements means arrangement of necessary funds by the Project Developer either by way of commitment of funds by the company from internal resources

Project Financing Arrangements means arrangement of necessary funds by the HPD either by way of commitment of funds by the Company from its internal resources and/or tie up of funds through a bank / financial institution by way of a legally bindingagreement for commitment of such finances;“Prudent Utility Practices”:i. shall mean the practices, methods and standards that are generally accepted internationally from time to time by electric utilities for the purpose of ensuring the safe, efficient and economic design, construction, Commissioning, operation and maintenance of power generation equipment and which practices, methods and standards shall be adjusted as necessary, to take account of:ii. operation and maintenance guidelines recommended by the manufacturers of the plant and equipment to be incorporated in the Power Project.iii. the requirements of Indian Law; and the physicalconditions at the site of the Power Project;“RBI”:shall mean the Reserve Bank of India;“RLDC”:shall mean the concerned Regional Load DispatchCentre established under Sub-section (1) of Section 27 of the Electricity Act, 2003;“Rebate”:shall have the same meaning as ascribed thereto inClause 10.5 of this Agreement;“Scheduled CommercialOperation Date” or “SCOD”:shall mean the date that is 24 (Twenty-Four) months fromthe Effective Date of this Agreement;“SERC”:shall mean the Electricity Regulatory Commission of any State in India constituted under Section-82 of the Electricity Act, 2003 or its successors, and includes a Joint Commission constituted under Sub-section (1) ofSection 83 of the Electricity Act 2003;“Solar PV Project”:shall mean the Solar Photo Voltaic Power Project that uses sunlight for direct conversion into electricity throughPhoto Voltaic Technology;“SLDC”:shall mean the center established under Sub-section (1) of Section 31 of the Electricity Act 2003, relevant for theState(s) where the Delivery Point is located;“SLDC Charges”:shall mean the charges levied by the SLDC of the statewherein the Wind Solar Hybrid Power Project is located;“State Transmission Utility” or “STU”:shall mean the Government company notified by the State Government under Sub-section (1) of Section 39 ofthe Act.“Tariff”:shall have the same meaning as provided for in ARTICLE9 of this Agreement;“Tariff Payment”:shall mean the payments to be made under MonthlyEnergy Bills as referred to in ARTICLE 10 and the relevant Supplementary Bills;“Termination Notice”:shall mean the notice given by either Parties for termination of this Ag...

Project Financing Arrangements means arrangement of necessary funds by

Project Financing Arrangements means arrangement of necessary funds by the Floating Solar Power Developer either by way of commitment of funds by the Company from its internal resources and/or tie up of funds through a bank / financial institution by way of a legally binding agreement for commitment of such finances.

Project Financing Arrangements has the meaning set out in Section 2.1;