Electricity Regulation Act, 2006 (Act No. 4 of 2006)

Rules

Purchase

2.1	New generation capacity developed by private producers to be covered by these include (but no limited to):

(a)	small power projects (SPPs) with the minimum capacity of 1MW

(b)	stand-alone IPPs (greenfield and brownfield facilities); and

(c)	domestic and cross-border projects’

2.2	The power generated from these projects will be sold by a licensee under its licence to generate and trade electricity. As a condition of licence, purchases from IPPs will be regulated and as such prudently incurred costs will be recovered as part of regulated revenue base;