MERC Regulations 13Chapter C · Multi-Year Tariff

Section 13 · Applicability

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- 13.1 The multi-year tariff framework shall apply to applications made for determination of tariff for transmission, wheeling and retail sale of electricity in the State.

13.2

The Commission may specify a trajectory of the nature referred to in clause (iii) of Regulation 12.2 for determination of tariff of

(i)

a generating station,

(ii)

a Generating Company; and/or

(iii)

a Licensee in respect of his Generation Business:
Provided that the Commission shall have regard to the terms and conditions of any approved power purchase agreement in specifying such trajectory.

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