Examples of SPD in a sentence
It is for the SPD to ensure that appropriate insurance coverage is taken for payment by the insurer for the entire loss and there is no under insurance or short adjustment etc.
Entire energy generated from the contracted capacity of the Project shall be sold by SPD to LED and LED agrees to buy the entire energy at a tariff as per Article 7.0.
The SPD shall provide full support to SECI/LEDA/LED and/or the third party in this regard.
SPD shall raise bill to concern Buying Entity for such generation loss and shall be paid by the Buying Entity at the PPA tariff so as to offset this loss.
Further, at the time of raising of 1st Monthly Tariff Payment Bill, SPD shall be required to provide a statutory auditor certificate supported by Board Resolution in regard to implications (loss/ gain) arising out of Article 10.