BERC Regulations 16Chapter 2 · Financial Principles
Section 16 · Return on Equity
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(1)
The value base for the equity shall be 30% of the capital cost or actual equity (in case of project specific tariff determination) as determined under Regulation 13.(2)
The normative Return on Equity shall be:(a)
Pre-tax 19 Percent per annum for the first 10 years.(b)
Pre-tax 24 Percent per annum 11th years onwards.Your private note on this section
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