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State of Rajasthan - Section

Section 120 in Rajasthan Electricity Regulatory Commission (Terms and Conditions for Determination of Tariff) Regulations, 2009

120. Working capital.

(1)Working capital for supply of electricity shall consist of:
(a)Operation and maintenance expenses for one month;
(b)Maintenance spares @ 15% of operation and maintenance expenses specified in regulation 119;
(c)Receivables equivalent to one and a half (1½) months billing of consumers
Less : Security deposits of consumers.
(2)Working capital for wheeling of electricity shall consist of
(a)Operation and maintenance expenses for one month,
(b)Maintenance spares @ 15% of operation and maintenance expenses specified in regulation 119;
(c)Receivables equivalent to one and a half (1½) months of wheeling charges.
Less : Security deposits of users, if any.