The Odisha Electricity Regulatory Commission on January 12, 2026, issued the Draft Odisha Electricity Regulatory Commission (Approval of Capital Investment Schemes) Regulations, 2026 under Section 181(3) of the Electricity Act, 2003.
The Odisha Electricity Regulatory Commission (Approval of Capital Investment Schemes) Regulations, 2026 aims to lay down the framework to be followed by all State entities for obtaining the Commission’s in-principle approval for proposed Capital Investment as well as the approval to be granted to the final completed cost.
These Regulations shall be applicable to existing and future Generation Companies, Transmission Licensees, Distribution Licensees, State Transmission Utility (STU), State Load Despatch Centre (SLDC) for approval of Capital Investment, in all matters covered under these Regulations:
Provided that these Regulations shall not be applicable for approval of Capital Cost of new Generating Unit/Station and for additional capitalisation within the original scope of work of new Generating Unit/Station, which shall be regulated as specified in the OERC (Terms and Conditions for Determination of Generation Tariff) Regulations, 2024, as amended from time to time.
These Regulations shall extend to the whole of the State of Odisha.
It is stated that after getting suggestions and comments, Commission will bring about modification in appropriate cases and will finalize the draft for publication in the Official Gazette.
The last date of submission of comments and suggestions is February 05, 2026, 5.00 P.M.