RESCO definition

RESCO means Renewable Energy Service Company i.e., an energy service company that develops, installs, finances, operates and owns the rooftop solar power project and supplies power generated from the Project to the consumer.
RESCO means Renewable Energy Service Company i.e. anenergy service company that develops, installs, finances,operatesandownsthesolarpowerprojectand suppliespowergeneratedfromtheProjecttothe.

Examples of RESCO in a sentence

  • The owners of the rooftops will have their own agreement with the RESCO.

  • Further we have invested in 2018 in our subsidiary for offering of RESCO services.

  • Dated: for Discovery of Tariff &Selection of Solar Power Developers for Implementation of Aggregate Capacity of XXX (X) MW Grid Connected Roof Top Solar PV Projects, for Sale of Solar Power under RESCO Model, at various locations in the state of MP (hereinafter called “Project”) Whereas, …………………….., …………………….., and ……………………..

  • Various business models in accordance with the prevailing legal framework are covered under the programme such as CAPEX, RESCO, rent a roof/lease model, community model, utility model, through a SPV having share of Utility, plug-in RTS model and any other model as specified by respective State Govt.

  • Under the Renewable Energy Service Company (RESCO) model instead of prosumers the RESCO will invest on behalf of one or more roof top owner in the housing colony, towns, etc., on their roof tops and will sell the power so generated to GED.


More Definitions of RESCO

RESCO means a person or an entity, which is in the business of supplying power generated through Project installed in the Premise of the Procurer on mutually agreed terms;
RESCO means Rural Electricity Supply Co-operative Society.
RESCO means Renewable Energy Service Company i.e. an energy service company that develops, installs, finances, operates and owns the solar power project and supplies power generated from the Project to the UGVCL. "Rupees", "Rs.", shall mean Indian rupees, the lawful currency of India;
RESCO means Renewable Energy Service Company, which owns a Renewable Energy System and provides renewable energy to the consumer:
RESCO means Renewable Energy Service Company i.e. an energy service company that develops, installs, finances, operates and owns the solar power project and supplies the generated solar power to the consumers of selected feeders.