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Section 7th

RERC Regulations

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Chapter IPreliminary

1Short title, Extent and commencement
2Definitions
3Scope of Regulations

Chapter IIGeneral Principles

4Control Period
5Preparation & submission of Annual Accounts, Reports etc
6Forecast of Aggregate Revenue Requirement for the Control Period
7Specific Trajectory for Certain Variables
8Annual Review of Performance
9Sharing of Gains and Losses on account of Uncontrollable factors
10Sharing of Gains and Losses on account of Controllable factors
11Periodicity of tariff determination
12Petition for determination of tariff
13Orders by Commission
14Treatment of Government subsidy
15Publication of tariff
16Communication of tariff orders

Chapter IIIFinancial principles for computing costs and return

17Debt-equity ratio
18Capital Cost and capital structure
19Additional capitalization
20Consumer contribution, Deposit work and Grant
21Return on Equity
22Interest and finance charges on loan capital
23Depreciation
24Lease charges
25Operation & Maintenance expenses
26Bad and doubtful debts
27Insurance and contingency reserve charge
28Interest charges on working capital
29Foreign Exchange Rate Variation (FERV)
30Tax on income
31Unfunded liability of pension and gratuity
32Refund of excess amount
33Charges for delayed payments
34Norms of operation

Chapter IVRevenues

1stmonth = (1xACC1)/12
2ndmonth = (2XACC2 - 1XACC1)/12
3rdmonth = (3xACC3 - 2XACC2)/12
4thmonth = (4xACC4 - 3xACC3)/12
5thmonth = (5XACC5 - 4xACC4)/12
6thmonth = (6XACC5 - 5xACC5)/12
7thmonth = (7XACC7 - 6xACC6)/12
8thmonth = (8xACC8 - 7xACC7)/12
9thmonth = (9xACC9 - 8xACC8)/12
10thmonth = (10xACC10 - 9xACC9)/12
11thmonth = (11xACC11 - 10xACC10)/12
12thmonth = (12xACC12 - 11xACC11)/12
35Tariff income
36Other revenue
37Surcharge and additional surcharge
38Late payment surcharge
39Rebate Earned by Generating Companies & Licensees
40Rebate for prompt payment
41Income from Other Business
42Sharing of Clean Development Mechanism (CDM) credit

Chapter VITariff for Hydro Power Generating Stations

62Petition for determination of generation tariff (Hydro)
63Components of tariff
64Norms of operation
65Capital Cost and sale of infirm power
66Operation and maintenance expenses
67Working capital
68SLDC and transmission charges
69Other income
70Computation of annual capacity charges
71Recovery of capacity charges
72Primary and secondary energy charges
73Incentive
74Deemed generation
75Scheduling
76Demonstration of Declared Capability
77Metering and Accounting
78Billing and Payment of Capacity Charges
79Reactive Energy Charges

Chapter VIITariff for Renewable Energy Generating Stations

80Applicability
81Petition for Tariff determination for Renewable Energy Generating Station(s)
82Tariff for existing Renewable Energy Generating stations

Previous: Section 6th Next: Section 8th

RERC Regulations 7thChapter IV · Revenues

Section 7th · month = (7XACC7 - 6xACC6)/12

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