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State of Madhya Pradesh - Section

Section 28 in Madhya Pradesh Electricity Regulatory Commission (Terms and Conditions for Tariff determination of energy from Renewable Energy Sources) Regulations, 2017

28. Operation and Maintenance Expenses.

- Normative Operation and Maintenance (O&M) expenses during the Control period shall be at 3% of the capital cost in first year of the project with an escalation at the rate of 5.72% per annum for the balance useful life of the project for the purpose of determination of tariff.