Buying Entity definition

Buying Entity means an End Procurer as defined in the Guidelines.
Buying Entity or “Buying Utility” shall mean an End Procurer as defined in the Guidelines who has agreed to purchase the Solar Power from SECI and has signed/will sign the Power Sale Agreement with SECI. It is clarified that all obligations of SECI under this Agreement shall be deemed to be the obligations of Buying Entities with which SECI has signed/will sign Power Sale Agreement.
Buying Entity means Distribution companies and shall include wherever admissible the Distribution licensees or buying entity in any State or any bulk consumer who agreed to purchase the solar power from SECI and execute the Power Sale Agreement from time to time with SECI, and requires Solar power to fulfil its solar RPO under respective RPO regulations;

Examples of Buying Entity in a sentence

  • All Tariff Payments by the Buying Entity shall be in Indian Rupees.

  • Further, in such case, Buying Entity shall have the unconditional obligation to provide and facilitate all necessary clearances and support for the evacuation of power to the third party to whom the power is diverted and further to bear any and all incremental charges and losses including but not limited to application fee, connectivity, open access, ISTS charges & Losses, transmission, wheeling, Unscheduled Interchange, Scheduling, Reactive power, RLDC.

  • These obligations are assumed by the Buying Entity as being necessarily arising out of the failure to draw the power generated and duly discharge the payment obligation arising therefrom.

  • In the event of termination of PPA, any damages or charges payable to the STU/ CTU, for the connectivity of the plant, shall be borne by the Buying Entity.

  • If applicable, Customer agrees to pay the Fees as set forth in the Order in compliance with applicable U.S. Federal laws and regulations.


More Definitions of Buying Entity

Buying Entity means any Discom that requires wind power to fulfil its non- solar RPO under respective RPO regulations.
Buying Entity means Distribution companies and shall include wherever admissible the Distribution licensees or buying entity in any State or any bulk consumer who agreed to purchase the Wind Power from SECI and execute the Power Sale Agreement from time to time with SECI, and requires Wind Power to fulfil its non-solar RPO under respective RPO regulations or to meet demand requirement;
Buying Entity means any Discom that requires wind power to fulfil its non-solar RPO under respective RPO regulations;
Buying Entity means an Entity that requires Solar Power to fulfil its solar RPO under respective RPO regulations and intend to buy at least …….MW of Solar Power under this RfS.
Buying Entity means DISCOM / State Entity/Bulk consumer who have signed the agreement with SECI;
Buying Entity. Means any entity that requires wind power to fulfil its non-solar RPO under respective RPO regulations and intend to buy at least 10 MW of wind power under this scheme.
Buying Entity means any Discom/Bulk consumer or any other third-party consumer that, directly or through SECI, utilizes the BESS for meeting its power on demand requirements.