Model Project Development Agreement Page 2
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88TABLE OF CONTENTS
Clause
Headings
Page
1.
DEFINITIONS AND INTERPRETATION .................................................................. 2
1.1
Definitions...................................................................................................................... 2
1.2
Interpretation ................................................................................................................ 15
2.
CONDITIONS PRECEDENT ..................................................................................... 18
2.1
GON CPs...................................................................................................................... 18
2.2
Company CPs............................................................................................................... 18
2.3
Financing Documents................................................................................................... 19
3.
CONCESSION, TERM AND PURPOSE ................................................................... 20
3.1
Scope of the Project...................................................................................................... 20
3.2
The Project ................................................................................................................... 20
3.3
Generation and Transmission Licences........................................................................ 20
3.4
Term ............................................................................................................................. 20
3.5
Early Termination ........................................................................................................ 21
3.6
Survival ........................................................................................................................ 21
4.
INDEPENDENT ENGINEER ..................................................................................... 21
4.1
Appointment of the Independent Engineer .................................................................. 21
4.2
Roles of the Independent Engineer .............................................................................. 21
4.3
Costs of the Independent Engineer............................................................................... 22
4.4
Access .......................................................................................................................... 22
5.
TECHNICAL REVIEW PANEL................................................................................. 22
5.1
Technical Review Panel ............................................................................................... 22
5.2
Responsibilities of the Technical Review Panel .......................................................... 22
5.3
Company's obligations ................................................................................................. 23
5.4
Costs of the Technical Review Panel ........................................................................... 23
5.5
Access .......................................................................................................................... 23
5.6
Technical Review Panel not to be liable ...................................................................... 24
6.
RIGHT AND OBLIGATION ON THE USE OF RIVER WATER ............................ 24
7.
COMMISSIONING, CONSTRUCTION AND COMMERCIAL
OPERATIONS DATE ................................................................................................. 24
8.
METERING ................................................................................................................. 25
9.
INFORMATION SHARING AND ACCESS ............................................................. 25
9.1
Disclosure of Confidential Information ....................................................................... 25
9.2
Accounts and reports.................................................................................................... 26
9.3
Access and inspection .................................................................................................. 27
10.
LAND ACQUISITION ................................................................................................ 28
11.
CARBON AND OTHER ENVIRONMENTAL CREDITS ........................................ 29
11.1
Feasibility of the ER Project ........................................................................................ 29
11.2
Business plan................................................................................................................ 29
11.3
Consents ....................................................................................................................... 29
11.4
Regular reports ............................................................................................................. 30
11.5
Costs............................................................................................................................. 30
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