Section 18(6) in Rajasthan Electricity Regulatory Commission (Terms and Conditions for Determination of Tariff) Regulations, 2009
(6)The capital cost may include capitalised initial spares for a maximum of first five years of operation as follows:(a)upto 2.5% of original capital cost in case of coal based/ lignite fired generating stations,(b)upto 4.0% of original capital cost in case of gas turbine/ combined cycle generating stations,(c)upto 1.5% of original capital cost in case of hydro-generating stations and(d)upto 1.5% of original capital cost in case of transmission and distribution licensees.
