Short-term procurement definition

Short-term procurement means procurement of 500 MW power by BPDB from 1st November 2017 including and up to 31st December 2018 subject to the terms and conditions of PPA. Provided that BPDB shall have the right to pre-pone or extend the Short Term Procurement by three (3) months.
Sample 1
Short-term procurement means procurement of power by a Distribution Licensee for a period not exceeding one year;
Sample 1

Examples of Short-term procurement in a sentence

  • Government of India on 30.03.2016, has notified the “Guidelines for Short Term Procurement of Power by Distribution Licensees through Tariff based Bidding Process”.

  • SRLDC has further submitted that the Ministry of Power vide Resolution dated 21.2.2022 notified amendment to the Guidelines for Short Term Procurement of Power by the Distribution licensees through tariff based biddings to address the sale of power by the generators in the market without consent of the procurers and the said amendment in principle support the action of SRLDC to seek consent of the buyers for allowing the request for downward revisions.

  • On February 19, 2004, SCE filed a Petition for Modification (PFM) of D.03‑12‑062 (the 2004 Short Term Procurement Plan Decision).

  • Learned counsel added that as regards inclusion of the deviations from GUVNL’s side, it is in line with the spirit of the provisions of the Ministry of Power’s Guidelines for Short- Term Procurement of Power by Distribution licensees – upon which the RfP & agreement was based – which required both the parties to ensure that the actual schedule does not deviate by more than 15% of the contracted power.

  • For the remaining Financial Bids of Qualified Bidders received under Short Term Procurement, the procedure specified from Clause 4.21.12 shall apply.

  • In the event, a Bidder wishes to submit Bid for both Short Term Procurement and Long Term Procurement, the Bidder shall be required to submit one (1) Non-Financial Bid (Envelope I) and separate financial bids i.e. Envelope IIA (Short Term Procurement) and Envelope IIB (Long Term Procurement) in separate sealed envelopes as per the provisions of Clause 4.12.5 (B) and Clause 4.14 of this RFP.

  • Based on the Quoted Tariff provided by the Bidders, the Levelized Tariff (for Long Term Procurement) and Adjusted Quoted Tariff (for Short Term Procurement) shall be separately calculated for the term of the PPA as per the methodology mentioned below.

  • In accordance with the Clause 4 of the Guidelines for Short Term Procurement of Power by Distribution Licensee through Tariff Based bidding process issued by Ministry of Power, the Petitioner has filed the present Petition for approval of Short- Term Power Purchase Arrangement for the period from 15.03.2021 to 30.06.2021.

  • In the event of two (2) or more Bidders are having the same Levelized Tariff (in case of Long Term Procurement)/same Adjusted Quoted Tariff (in case of Short Term Procurement), the Bidder with the lowest levelized energy charges (in case of Long Term Procurement)/lowest quoted energy charges (in case of Short Term Procurement) shall be declared as the Successful Bidder.

  • On February 19, 2004, SCE filed a PTM D.03‑12‑062 (the 2004 Short Term Procurement Plan Decision).

Related to Short-term procurement

  • short-term debt means debt repayable over a period not exceeding one year;

  • Short-Term Investments means short-term investments as defined by GAAP.

  • Short-Term Payout means the payout set forth in Section 4.1.

  • Short-Term Resource Procurement Target means, for Delivery Years through May 31, 2018, as to the PJM Region, for purposes of the Base Residual Auction, 2.5% of the PJM Region Reliability Requirement determined for such Base Residual Auction, for purposes of the First Incremental Auction, 2% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, for purposes of the Second Incremental Auction, 1.5% of the of the PJM Region Reliability Requirement as calculated at the time of the Base Residual Auction; and, as to any Zone, an allocation of the PJM Region Short-Term Resource Procurement Target based on the Preliminary Zonal Forecast Peak Load, reduced by the amount of load served under the FRR Alternative. For any LDA, the LDA Short-Term Resource Procurement Target shall be the sum of the Short-Term Resource Procurement Targets of all Zones in the LDA.

  • High Quality Short-Term Debt Instrument means any instrument having a maturity at issuance of less than 366 days and which is rated in one of the highest two rating categories by a Nationally Recognized Statistical Rating Agency (Moody’s and S&P).

  • Short Term Loan means a loan transfer for a period of no fewer than 28 days in any one season.

  • High Quality Short-Term Debt Instruments means any instrument that has a maturity at issuance of less that 366 days and that is rated in one of the two highest rating categories by a Nationally Recognized Statistical Rating Organization.

  • Short Term means a period of one or less than one (1) year;

  • Short-term acute care facility means a facility or Hospital that provides care to people with medical needs requiring short-term Hospital stay in an acute or critical setting such as for recovery following a surgery, care following sudden Sickness, Injury, or flare-up of a chronic Sickness.

  • Short-Term Rating has the meaning specified in the Intercreditor Agreement.

  • Short-term rental means the provision of a room or space that is suitable or intended for occupancy for dwelling, sleeping, or lodging purposes, for a period of fewer than 30 consecutive days, in exchange for a charge for the occupancy.

  • FIRM PROCUREMENT means the agreement between the parties for mutually agreed terms and conditions with commitment of Quantity Ordered.

  • Short-term suspension means any disciplinary action whereby a student is not permitted to attend school for a period not to exceed ten school days.

  • Support Terms means the detailed description of the applicable Support Services as specified at xxxxx://xxx.xxx.xxx/corp/legal/.

  • Short-Term Money Market Instruments means the following types of instruments if, on the date of purchase or other acquisition thereof by the Corporation, the remaining term to maturity thereof is not in excess of 180 days:

  • Short-Term Indebtedness means Utility Indebtedness having an original maturity less than or equal to one year from the date of original incurrence thereof, and not renewable or extendible at the option of the obligor thereon for a term greater than one year beyond the date of original issuance.

  • Short-term employee A person who is employed to perform a service for the District, upon the completion of which the service required or similar services will not be extended or needed on a continuing basis. (Short-term employees include: hourly, casual and temporary classified employees.)

  • Short-Term Deferral Period means the period ending on the later of the 15th day of the third month following the end of the Executive’s tax year in which the separation from service occurs and the 15th day of the third month following the end of the Company’s tax year in which the separation from service occurs; and

  • Short-Term Disability means short-term disability as defined in the Corporation’s short-term disability plan.

  • Mis-procurement means public procurement in contravention of any provision of Sindh Public Procurement Act, 2010, any rule, regulation, order or instruction made thereunder or any other law in respect thereof, or relating to, public procurement;

  • the 2000 Regulations means the Water Supply (Water Quality) Regulations 2000(b); "the 2001 Regulations" means the Water Supply (Water Quality) Regulations 2001(c);

  • Procurement Regulations means, for purposes of paragraph 87 of the Appendix to the General Conditions, the “World Bank Procurement Regulations for IPF Borrowers”, dated July 2016, revised November 2017 and August 2018.

  • Cooperative procurement means procurement conducted by, or on behalf of:

  • Public Procurement means the acquisition by any means of goods, works or services by the government;

  • fall protection plan means a documented plan, which includes and provides for -

  • Compliance Plan means the compliance obligations, program, and procedures described in this Consent Decree at paragraph 13.