Royalty Energy definition

Royalty Energy means the free Energy that would be made available to the RGoB under a project during the concession period i.e. the period starting from the commercial operation date of the project;
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Royalty Energy means the energy to be provided by a generation Licensee to its customers determined in accordance with this regulation, which is charged at the Royalty Price;
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Royalty Energy means the free Energy that would be made available to the Government under a project during the concession period
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Examples of Royalty Energy in a sentence

  • MainStay Cxxxxxx Royalty Energy Income Fund Expense Limitation until July 11, 2016: Class A: 1.90% Class C: 2.65% Class I: 1.65% Supplemental Expense Limitation until April 1, 2016: Class A: 1.73% Class C: The Adviser will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares.

  • MainStay Xxxxxxx Royalty Energy Income Fund Expense Limitation from March 31, 2016 until April 1, 2017: Class A: 1.73% Class C: The Manager will apply an equivalent waiver or reimbursement, in an equal number of basis points waived for Class A Shares.

  • The Government shall use the revenue from the sale of Royalty Energy from the generation utilities to subsidize the targeted customers as per section 11.1. i) c.

  • As per section 4.6.3 of this policy, a minimum of 12% of electricity generated shall be made available free of cost to the RGoB as Royalty Energy during the first 12 years of commercial operation of the project and a minimum of 18% thereafter till the end of concession period.

  • Members and potential members can be quickly turned off of the service when it does not prove to be easy to use.

  • Without Bidding: According to the section 4.6.11 of this policy, for projects allocated directly to the RGoB undertaking without bidding process, a minimum of 12% of electricity generated shall be made available free of cost to the RGoB as Royalty Energy during the first 12 years of commercial operation of the project and eighteen 18 % thereafter till end of the concession period.

  • A rebate by way of reduction of 1% in the Royalty Energy for every year of earlier completion or prorated thereof shall be given as incentive for early completion.

  • In addition to land compensation provided above, the RGoB shall provide free electricity of 10,000 kWh per annum for every acre of land (or prorated thereof) acquired for the Project from the Royalty Energy after the Project comes into commercial operation till the end of the initial CA.

  • The project shall be allotted to the bidder offering the highest Royalty Energy over the minimum specified.

  • According to the section 5.2 of this policy, the RGoB shall have the option to avail the Royalty Energy either as energy or as cash in lieu thereof based on the highest off take rate at which the power/energy from the plant is sold by the Developer to its buyers.


More Definitions of Royalty Energy

Royalty Energy means the energy to be provided by a generation Licensee to the Royal Government of Bhutan of free of charges;
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Related to Royalty Energy

  • Royalty owner means any owner of oil and gas in place, or oil and gas rights, to the extent that the owner is not an operator as defined in subsection (17) of this section;

  • Royalties means all royalties, fees, expense reimbursement and other amounts payable by a Loan Party under a License.

  • Royalty means an interest in an oil and gas lease that gives the owner of the interest the right to receive a portion of the production from the leased acreage (or of the proceeds of the sale thereof), but generally does not require the owner to pay any portion of the costs of drilling or operating the wells on the leased acreage.

  • Coal means high-grade, medium-grade and low-grade category A and B coal within the meaning of the international codification system for coal established by the United Nations Economic Commission for Europe and clarified in the Council decision of 10 December 2010 on State aid to facilitate the closure of uncompetitive coal mines;

  • Biodiesel means a fuel composed of mono-alkyl esters of long chain fatty acids derived from vegetable oils or animal fats, and, in accordance with standards specified by the American society for testing and materials, designated B100, and meeting the requirements of D-6751, as approved by the department.

  • BG means Bank Guarantee

  • Producer means the owner of a well or wells capable of producing oil or gas or both.