In electric power: an existing power generating entity which is not owned by NPC [Section 4(bb), Electric Power Industry Reform Act of 2001]
In electric power: an existing power generating entity which is not owned by NPC as of the effectivity of the Act [Section 4 (tt), Rules and Regulations to Implement Republic Act No. 9136, Entitled “Electric Power Industry Reform Act of 2001”]
Note: The IRR adopts the definition under the law and adds “as of the effectivity of the Act” at the end.