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15. Generation
licence.-
(1) No person shall, except under the authority of
a licence Issued by the Authority under this Act and subject to the conditions specified
in this Act and as may be imposed by the Authority, construct own or operate a generation
facility.
(2) An application for the grant of
a licence for a generation facility shall specify--
(i) the type of facility for which
the licence is applied;
(ii) the location of the generation
facility; and
(iii) the expected life of the
generation facility.
(3) The Authority may, after such
enquiry as it may deem appropriate and subject to the conditions specified in this Act and
as it may impose, grant a licence authorizing the licensee to construct, own or operate
connected generation facility.
(4) In the case of a generation
facility connecting directly or indirectly to the transmission facilities of the national
grid company, the licensee shall make the generation facility available to the national
grid company for the safe, reliable, non-discriminatory, economic dispatch and operation
of the national transmission grid and connected facilities, Subject to the compensation
fixed by the Authority for voltage support and uneconomic dispatch directed by the
national grid company.
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