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Energy Development Corporation. Energy Development Corporation (or simply EDC) is the largest producer of geothermal energy in the Philippines and the second largest in the world. It is involved in alternative energy projects, including geothermal, hydroelectric and wind energy projects. The company was formerly owned by the Philippine National ...
In economics, zero-rated supply refers to items subject to a 0% VAT tax on their input supplies. The term is applied to items that would normally be taxed under valued-added systems such as Europe 's Value Added Tax (VAT) or Canada 's Goods and Services Tax (GST). Examples of these items include most exports, basic groceries, and prescription ...
A 'zero-hour contract' is a type of contract between an employer and a worker according to which the employer is not obliged to provide any minimum working hours and the worker is not obliged to accept any work offered. [1] The term 'zero-hour contract' is primarily used in the United Kingdom. The employee may sign an agreement to be available ...
Project Labor Agreement. A Project Labor Agreement ( PLA ), also known as a Community Workforce Agreement, [1] is a pre-hire collective bargaining agreement with one or more labor unions that establishes the terms and conditions of employment for a specific construction project. [2] Before any workers are hired on the project, construction ...
A load-following power plant, regarded as producing mid-merit or mid-priced electricity, is a power plant that adjusts its power output as demand for electricity fluctuates throughout the day. [1] Load-following plants are typically in between base load and peaking power plants in efficiency, speed of start-up and shut-down, construction cost ...
Power purchase agreement. A power purchase agreement ( PPA ), or electricity power agreement, is a long-term contract between an electricity generator and a customer, usually a utility, government or company. [ 1][ 2] PPAs may last anywhere between 5 and 20 years, during which time the power purchaser buys energy at a pre-negotiated price.
Tea. Tea is the most popular beverage in the world after water. Just a cup of it can offer several health benefits — some of which may help increase libido. Tea is often a caffeinated beverage ...
The Goods and Services Tax ( GST) is an abolished value-added tax in Malaysia. GST is levied on most transactions in the production process, but is refunded with exception of Blocked Input Tax, to all parties in the chain of production other than the final consumer. The existing standard rate for GST effective from 1 April 2015 is 6%.