Power Purchase Agreement (PPA)

A Power Purchase Agreement (PPA) is a contract between two parties, one which a power station (the electricity supplier or seller) and the electricity purchasing organisation (the buyer or user) for the sale of electricity.

Related Definitions in the Project: The Project Contract; Energy Definitions

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ThePD (The Project Definition)

ThePD has been developing the Preferred Project Definitions based on the actual project execution and operation experiences and knowledge with the Project Language, and sharing with you daily basis.