Regulatory Rules for Power Purchase Cost Recovery

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Notice No. R. 119 of 2010

Annexure 2 : Explanatory Memorandum

Objectives

1. Definitions

2. Types of Projects

3. Principles

4. Government policy on power procurement

5. Power procurement planning

6. Balanced risk allocation

7. Application

8. Exclusions from the rules

9. Authorisation

10. Exclusions to the authorisation process

11. Recoverable costs

12. No double counting of costs

13. Recovery of costs

14. Pass through of costs

15. IPP Control Account

16. Review process

17. Duration

18. Transfer

19. Appeal process

20. Effective date