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PURC’s modified submission requirement for Tranche 2 SSIPP Programme Applicants

This story was posted 2 years ago
9 October 2024
in Business, Environment, Notice, PRESS RELEASE, Technology
1 min. read
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The Public Utilities Regulatory Commission (PURC) wishes to inform all applicants and potential investors in the Tranche 2 Small-Scale Independent Power Producer (SSIPP) programme of an important update regarding the submission of business cases and financial proposals.

The Commission is aware that some applicants are experiencing delays in obtaining the grid upgrade (three phase) costs from the Grenada Electricity Services Limited (Grenlec). Considering this, we have decided to allow the submission of your business case and financial proposal without including these costs. The Commission will work directly with Grenlec to determine the necessary upgrade costs and incorporate them into the final rate determination. We nonetheless ask that you continue your engagement with Grenlec on the matter, as you will need that information should your application proceed past the pre-approval phase.

Please note that the deadline for submitting your business case and financial proposal remains 10 October 2024. Failure to meet this deadline will result in the disqualification of your application from advancing to the pre-approval phase.

The PURC is committed to advancing energy independence across the tri-island state of Grenada, Carriacou, and Petite Martinique through the promotion and implementation of sustainable energy solutions such as the Small-Scale Independent Power Producer (SSIPP) programme. For any inquiries or further information, please contact the PURC.

PURC

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Tags: grenada electricity services limitedgrenlecpublic utilities regulatory commissionpurcsmall scale independent power producerssipp

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