The Regulations address General Principles, Financial Principles, Technology Specific Parameters for Wind Energy, Technology Specific Parameters for Small Hydro Project, Technology Specific Parameters for biomass power projects based on Rankine cycle technology, Technology Specific Parameters for the non-fossil fuel based cogeneration projects; Technology Specific Parameters for Solar PV Power Projects and Solar Thermal Power Projects; Technology Specific Parameters for Biomass Gasifier Power Projects and Biogas based power projects.

These regulations shall apply to the short-term buy-short-term sell contracts for the inter-State trading in electricity undertaken by a licensee. They were created for establishing a trading margin for inter-State trading in electricity.

The Central Electricity Regulatory Commission hereby makes the following regulations for the development of market in power from Non Conventional Energy Sources by issuance of transferable and saleable credit certificates. These Regulations shall apply throughout India except the State of Jammu and Kashmir. NOTE: viz. stands for "vidilicet"and it is a synonym for "namely".

The Power Market Regulations shall apply to OTC (Over The Counter) markets and Exchange markets dealing in electricity and they define principles of power market and market design. They also address the establishment of Power Exchange. They base on the Electricity Act 2003 and on the National Electricity Policy.

The tariff policy has been developed in consultation with the State Governments, the Central Electricity Authority (CEA), the Central Electricity Regulatory Commission and various stakeholders. The objectives of this tariff policy are to: (a) Ensure availability of electricity to consumers at reasonable and competitive rates; (b) Ensure financial viability of the sector and attract investments; (c) Promote transparency, consistency and predictability in regulatory approaches across jurisdictions and minimise perceptions of regulatory risks; (d) Promote competition, efficiency in operations and improvement in quality of supply; (e) Promote generation of electricity from Renewable sources; (f) Promote Hydroelectric Power generation including Pumped Storage Projects (PSP) to provide adequate peaking reserves, reliable grid operation and integration of variable renewable energy sources; (g) Evolve a dynamic and robust electricity infrastructure for better consumer services; (h) Facilitate supply of adequate and uninterrupted power to all categories of consumers; (i) Ensure creation of adequate capacity including reserves in generation, transmission and distribution in advance, for reliability of supply of electricity to consumers.

The “Palani mo Enetise Tutumau (Renewable Energy Master Plan)” is the outcome of the Government of Tuvalu vision made in 2008 for Tuvalu to become 100% renewable energy for all its power generation by the end of 2020. This document is directly linked to “Te Kakeega II 2015”, “Te Kaniva (Climate Change Policy) 2012” and the “Tuvalu National Energy Policy”. This Master Plan outlines the way forward to generate electricity from renewable energy and to develop an energy efficiency programme in Tuvalu. Tuvalu has two stated goals: • To generate electricity with 100% renewable energy by 2020 • To increase energy efficiency on Funafuti by 30%. The Plan is intended for use by the Government of Tuvalu (GoT), the Tuvalu Electricity Corporation (TEC), potential donors, community representatives and other relevant stakeholders. It is a working document and will be regularly reviewed and updated as new information becomes available.

The Tuvalu National Energy Policy (TNEP) is introduced as "the first ever produced in an attempt to clearly define and direct current and future energy developments and usages throughout Tuvalu". It defines Vision and Goals and addresses the following topics: Energy Sector Planning, Coordination, and Management; Petroleum; Transport; Electricity; Renewable Energy; Energy Conservation and Efficiency; Environment. The Tuvalu National Energy Policy Framework sets out the Government’s policies for the planning and management of the energy sector over the next 15 years. The framework defines the strategies that Government is taking to ensure that the objectives of the policies are fully realised. In developing the energy policy framework, Government is mindful of the critical role of the energy sector in the attainment of its overall socio-economic development goals of improving the livelihood of all its peoples.

This document is considered to be the end result of the largest national public discussion since Tuvalu separated from Kiribati in 1975. These consultations and subsequently the NSSD itself led to eight strategic areas the nation should focus on in the next ten years: governance, the economy; the private sector and job creation; social services; outer islands and Falekaupule; education and training; infrastructure; and natural resources. The “Vision”is: To achieve a healthier, more educated, peaceful and prosperous Tuvalu.

The National Strategy for Sustainable Development 2016 to 2020 (Te Kakeega III) is Tuvalu’s eighth national development plan. Spanning the years 2016 to 2020, TKIII sets the broad direction for future development. Through 2020 and beyond, Tuvalu’s unique vulnerabilities will be significantly reduced by building resilience to better respond to global economic and environmental crises. The TKIII mission is to achieve a greater level of security and prosperity for all Tuvaluans; achieve higher standards of quality health and education; and to develop and maintain good relations at the international level.

The Finance Act 2017 - Act No. 785 amends other Acts including the Petroleum (Income Tax) Act 1967. In particular it amends Section 2, 41 and New Section 66A.