Section 45(3) in The Delhi Electricity Regulatory Commission Comprehensive (Conduct Of Business) Regulations, 2001
(3)The licensee shall apply to the Commission to approve the Draft Power Purchase Agreement that the Licensee proposes to enter into. The Commission may pass orders:(a)approving the agreement; or(b)approving the agreement with modifications proposed to the terms of the agreement; or(c)rejecting the agreement.
