is capped by reference to a restricted percentage of the project ’ s installed capacity . The identity of the buyer is also often restricted , as above , to an entity constituting an “ Eligible Client ” or , in some jurisdictions , such as Togo , the grid operator . The various authorisations and concessions are granted by the relevant ministerial committees responsible for the state ’ s energy sector .
For the sake of comprehensiveness , references are occasionally made to regimes with installed capacity thresholds that are likely too low to support the development of a CPP project .
While we have outlined some of the trends we are seeing as regulations develop , the details for each state vary , with some requiring further investigation with the relevant administration . It is therefore important to ensure that each CPP proposal is tailored and considered in line with the relevant state ’ s particular legislation and restrictions .
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