Section 27(7) in Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2014
(7)The generating company or the transmission license, as the case may be, shall submit the details of proposed capital expenditure during the fag end of the project (five years before the useful life) alongwith justification and proposed life extension.The Commission based on prudence check of such submissions shall approve the depreciation on capital expenditure during the fag end of the project.
