Section 9(9) in Bihar Electricity Regulatory Commission (Multi Year Distribution Tariff) Regulations, 2015
9.2Some illustrative variations or expected variations in the performance of the applicant, which may be attributed by the Commission to controllable factors include, but are not limited to the following:(a)Variations in capital expenditure on account of time and/or cost overruns/ efficiencies in the implementation of a capital expenditure project not attributable to an approved change in scope of such project, change in statutory levies or force majeure events;(b)Variations in distribution losses which shall be measured as the difference between the units input into the distribution system and the units billed for the same year.(c)Variations in Return on Equity (RoE), depreciation and working capital requirements; However, if the Commission is satisfied that the variation in the working capital requirement is attributable to any uncontrollable factors, the same may be considered as uncontrollable factor.(d)Failure to meet the standards specified in the Standards of Performance Regulations, except where exempted;(e)Variation in operation & maintenance expenses, except those attributable to directions of the Commission or to change in Government policy/law(f)Variation in Wires Availability and Supply Availability, within the control of Distribution Licensee.
