Section 5(17) in The Delhi Electricity Regulatory Commission (Terms and Conditions for Determination of Transmission Tariff) Regulations, 2011
(17)Depreciation shall be calculated for each year of the Control Period, on the amount of Original Cost of the Fixed Assets considered for calculation of the Regulated Rate Base of the corresponding year.(i)Provided that depreciation shall not be allowed on assets funded by any capital subsidy / grant.provision for replacement of such assets shall be made in the Capital Investment Plan;(ii)Provided further that the Licensee shall submit year-wise details of the assets which have completes its useful life.
