The definition of Pooled Cost of Power Purchase as in [clause 2(k). Pooled Cost of Power Purchase under Definitions and Interpretation] the said regulation is extracted hereunder. ‘Pooled Cost of Power Purchase’ means the Weighted Average Pooled price at which the Distribution Licensee has purchased electricity in the previous year from all the long term energy suppliers excluding the purchases based on liquid fuel. Provided that the purchases from traders, short-term purchases and purchases from renewable sources shall not be taken into account while determining Pooled Cost of Power Purchase. Based on the above, the Commission hereby determines the Pooled Cost of Power Purchase for FY: 2014-15 to be considered for FY: 2015-16 as Rs.3.44 / kWh. The details of calculation are shown in the ANNEXURE.