Model Project Development Agreement Page 11
ADVERTISEMENT
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88be, including the standards of the International Electrotechnical
Commission (IEC) and the specific design standards set out in
Schedule 10, provided that all such standards shall also take into
account the specific conditions in existence in Nepal and at the
Project Area from time to time and provided that such Design
Standards are approved in writing by the Technical Review Panel.
"Dispute"
means the dispute as referred to in Section 21.1.
"Dispute Notice"
means the notice as referred to in Section 21.2.
means the Department of Electricity Development, Ministry of
"DoED"
Energy of Nepal.
"Dollar"
means the lawful currency of the United States of America.
"Domestic Free
means the power supply agreement to be entered into between the
Power Supply
Company and a GON Agency in respect of the provision of free
Agreement"
electricity by the Company to the GON in accordance with the terms
of this Agreement.
"Domestic Power
means the power purchase agreement to be entered into between the
Purchase
Company and a GON Agency in respect of the sale of power at an
Agreement"
agreed tariff by the Company to a GON Agency in accordance with
the terms of this Agreement.
"Effective Date"
means the date on which all the conditions precedent set out in
Section 2 have been satisfied or waived, as the case may be, in
accordance with the terms of this Agreement.
"EIA/IEE"
means
the
Environmental
Impact
Assessment
or
Initial
Environmental Examination, as the case may be, of the Project,
and/or the report on the same which is to be prepared as part of the
DER, carried out in accordance with the Environment Protection
Act, 2053 (1997 AD), the Environment Protection Regulation, 2054
(1997 AD), and other applicable international guidelines, and any
other Laws of Nepal.
"Emission
means an emissions reduction project participant for the purposes of
Reduction Project
Section J, Paragraph 66(b) of Decision 11/CP.7 of the Marrakesh
Participant"
Accords, being a sovereign state which has signed and ratified the
Kyoto Protocol or any private entity or public entity authorised by
such sovereign state to participate in the ER Project and to make
decisions on the allocation of GHG Reduction Benefits from the ER
Project.
"Emission
means a contract for the sale and purchase of GHG Reduction
Reduction
Benefits resulting from the ER Project.
Purchase
Agreement"
"Employment and
means the employment and skills training plan set out in Schedule
Skills
Training
14.
5
ADVERTISEMENT
0 votes
Related Articles
Related forms
Related Categories
Parent category: Legal