Rate Setting Guidelines for Procurement and Supply of Electricity Generation Capacity and Energy for the Regulated Electricity Market

These Guidelines are issued by the Public Utilities Regulatory Commission (PURC) under
Sections 3 (a), (b), 17 and 18 of the Public Utilities Regulatory Commission Act, 1997 (Act
538), and Section 25 of the Renewable Energy Act, 2011 (Act 832) as amended by the
Renewable Energy (Amendment) Act, 2020 (Act 1045).
The Guidelines are issued in accordance with Government Policy for Competitive
Procurement of Energy Supply and Services Contracts and Policy Guidelines for Least
Cost Fuel Procurement. The policy stipulates that generation capacity additions and fuel
supply arrangements shall be procured in a sustainable and least-cost manner in accordance
with the Public Procurement Act, 2003 (Act 663), as amended by the Public Procurement
(Amendment) Act, 2016 (Act 914), and other applicable laws of Ghana.