Trading Licensee definition

Trading Licensee means the Bidder which is an Electricity Trader and submits its Bid on the basis of an exclusive power purchase agreement executed with the entity developing the generation source from where the power is proposed to be supplied by the Bidder;

Trading Licensee means the Bidder which is an Electricity Trader possessing Category-I Trading License issued by appropriate Commission and submits its Bid on the basis of an exclusive power purchase agreement executed with the generating entity from where the power is proposed to be supplied by the Bidder;

Trading Licensee means the Applicant/Bidder which is an Electricity Trader or a Distribution Licensee in terms of the Electricity Act, 2003 and submits its Application on the basis of an exclusive power purchase agreement executed with the entity with identified generation source from where the power is proposed to be supplied by the Applicant/Bidder.]

Examples of Trading Licensee in a sentence

• We certify that in the last three years, we and the Developer (to be inserted in case of a Trading Licensee being the Bidder) have neither failed to perform on any contract, as evidenced by imposition of a penalty by an arbitral or judicial authority or a judicial pronouncement or arbitration award, nor been expelled from any project or contract by any public authority nor have had any contract terminated by any public authority for breach on our part.

• We further certify that no investigation by a regulatory authority is pending against us {and the Developer (to be inserted in case of a Trading Licensee being the Bidder)} or against our CEO or any of our directors/managers/ employees$.

• We acknowledge and agree that in the event of a change in control of Bidder {and/or the Developer (to be inserted in case of a Trading Licensee being the Bidder) whose Technical Capacity and Financial Capacity} was taken into consideration for the purposes of pre-qualification under and in accordance with Section A, I/We shall inform the Utility forthwith along with all relevant particulars and the Utility may, in its sole discretion, disqualify or withdraw the Letter of Award, as the case may be.

• We further certify that no investigation by a regulatory authority is pending either against us {and the Developer (to be inserted in case of a Trading Licensee being the Bidder)} or against our CEO or any of our directors/ managers/ employees$.

• It monitors the performance of the utilities [i.e. Bulk Supply (Trading) Licensee, Transmission Licensee and Distribution Licensees] under various technical parameters, including license conditions and performance standards.

More Definitions of Trading Licensee

Trading Licensee means a holder of a licence to trade in terms of section 4(a)(i)(gg);"; (zB) by the substitution for the definition of "transmission" of the following definition: " 'transmission' means the conveyance of electricity through a transmission power system excluding system operation and trading, and

Trading Licensee means an Electricity Trader and shall include deemed licensee who is so authorised under Section 14 of the Act;

Trading Licensee means an electricity trader having trading licence under section 14 of the Act;

Trading Licensee means an Electricity Trader who is so authorised under Section 14 of the Act;

Trading Licensee means a person who has been granted by the Commission under Section 14 of the Act a Trading Licence to undertake electricity trading in the State of Manipur/Mizoram and shall include Deemed Licensee for the purpose;

Trading Licensee means a holder of a licence to trade in terms of section 4(a)(i)(gg);

Trading Licensee means any person licensed to trade electricity under Section 68 of the Act;