Auditor” shall mean the auditor appointed under the provisions of the “Statutory Companies Act, 1956 or under the provisions of any other applicable governing law; Evaluated Entity” shall mean the company which has been evaluated for “Technically the satisfaction of the technical requirement set forth in Clause 2.1.2 hereof; Charges” shall mean the charges payable to TSP by Long Term “Transmission Transmission Customer(s) pursuant to the TSA, as adopted by the Appropriate Commission; License” shall mean the license granted by the Appropriate Commission “Transmission in terms of the relevant regulations for grant of such license issued under The Electricity Act, 2003; Service Agreement” or shall mean the agreement entered into “Transmission “TSA” between Long Term Transmission Customer(s) and the TSP pursuant to which TSP shall build, own, operate and maintain the Project and make available the assets of the Project to Long Term Transmission Customer(s) on a commercial basis; Service Provider” or mean “Transmission “TSP” “Raipur-Rajnandgaon-Warora Transmission Limited” which has executed the Transmission Service Agreement and has been / shall be acquired by the Selected Bidder; System” means a line with associated sub-stations or a group of lines “Transmission inter-connected together along with associated sub-stations and the term includes equipment associated with transmission lines and sub-stations; Parent Company” shall mean a company which owns at least twenty six “Ultimate percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;
“Statutory Auditor” shall mean the auditor appointed under the provisions of the Companies Act, 1956 or under the provisions of any other applicable governing law; “Technically Evaluated Entity” shall mean the company which has been evaluated for the satisfaction of the technical requirement set forth in Clause 2.1.2 hereof; “Transmission Charges” shall mean the charges payable to TSP by Long Term Transmission Customer(s) pursuant to the TSA, as adopted by the Appropriate Commission; “Transmission License” shall mean the license granted by the Appropriate Commission in terms of the relevant regulations for grant of such license issued under The Electricity Act, 2003; “Transmission Service Agreement” or “TSA” shall mean the agreement entered into between Long Term Transmission Customer(s) and the TSP pursuant to which TSP shall build, own, operate and maintain the Project and make available the assets of the Project to Long Term Transmission Customer(s) on a commercial basis; “Transmission Service Provider” or “TSP” mean “Raipur-Rajnandgaon-Warora Transmission Limited” which has executed the Transmission Service Agreement and has been / shall be acquired by the Selected Bidder; “Transmission System” means a line with associated sub-stations or a group of lines inter-connected together along with associated sub-stations and the term includes equipment associated with transmission lines and sub-stations; “Ultimate Parent Company” shall mean a company which owns at least twenty six percent (26%) equity in the Bidding Company or Member of a Consortium, (as the case may be) and in the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) and such Bidding Company or Member of a Consortium, (as the case may be) and the Technically Evaluated Entity and/or Financially Evaluated Entity (as the case may be) shall be under the direct control or indirectly under the common control of such company;
rfq-cgipp-partb.docx