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UPL

UPL, or Unlevered Plant Load, is a term used in industries like power generation and manufacturing to measure the capacity or output of a plant without considering its financing structure or debt. Essentially, it reflects the plant’s productivity based solely on its physical and operational capabilities, ignoring financial leverage. This metric helps assess the efficiency and performance of the plant itself, independent of how it’s financed, providing a clearer picture of its actual operational capacity and utilization.