Section 18 in Jammu and Kashmir State Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2013
18. Operation and Maintenance Expenses.
(1)'Operation and Maintenance or O&M expenses' shall comprise repair and maintenance (R&M), establishment including employee expenses and administrative & general expenses.(2)Operation and maintenance expenses shall be determined for the Tariff Period based on normative O&M expenses specified by the Commission subsequently in these Regulations for the first Year of Control Period.(3)Normative O&M expenses allowed during first year of the Control Period (i.e. FY 2013-14) under these Regulations shall be escalated at the rate of 5.72% per annum over the Tariff Period.
