Noun
SPVS (plural SPVSes or SPVSs)
(electricity) Initialism of standalone photovoltaic system/supply.
India’s first solar park, established in Charanka, Gujarat, in 2012, itself has in excess of 30 project-specific SPVs, each owned by a different developer. Source: Internet
In parallel, the bank has received preliminary credit ratings for the senior notes of all three SPVs, while the carve-out of the bank's NPE Management Unit onto CEPAL will have been completed by the end of this month. Source: Internet
RInfra through its SPVs has executed a portfolio of infrastructure projects such as a metro rail project in Mumbai on build, own, operate and transfer (BOOT) basis; ten road projects on build, operate and transfer (BOT) basis. Source: Internet
Five Special Tourism Zones, anchored on SPVs, will be set up in partnership with the States. Source: Internet
In the future, we may require funding structures like Special Purpose Vehicles (SPVs) for large projects relating to venture capital or capital market infrastructures. Source: Internet