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NCT Delhi - Section

Section 10 in The Delhi Electricity Regulatory Commission (Terms and Conditions for Determination of Transmission Tariff) Regulations, 2011

10. Miscellaneous.

-Sharing of Clean Development Mechanism (CDM) benefits
(1)The proceeds of carbon credit from approved CDM project shall be shared in the following manner, namely:-
(i)100% of the proceeds on account of CDM to be retained by the project developer in the first year (12 months) after the date of commercial operation of the transmission system;
(ii)in the second year, the share of the beneficiaries shall be 10% which shall be progressively increased by 10% every year till it reaches 50%. Whereafter the proceeds shall be shared in equal proposition, by the transmission licensee and the users.
Foreign Exchange Rate Variation
(2)The Transmission Licensee may hedge foreign exchange exposure in respect of the interest on foreign currency loan and repayment of foreign loan acquired for the transmission system in part or full in the discretion of the Transmission Licensee.
(3)The Transmission Licensee shall recover the cost of hedging of exchange rate variation corresponding to the normative foreign debt, in the relevant year on year-to-year basis as expenses in the period in which it arises and extra rupee liability corresponding to such foreign exchange rate variation shall not be allowed against the hedge foreign debt.
(4)To the extent the Transmission Licensee is not able to hedge the foreign exchange exposure, the extra rupee liability towards interest payment and loan repayment corresponding to the normative foreign currency loan in the relevant year or its supplier of contractors.
(5)The Transmission Licensee shall recover the cost of hedging and foreign exchange rate variation on year-to-year basis as income or expense in the period in which it arises.Recover of cost of hedging Foreign Exchange Rate Variation
(6)Recover of cost of hedging and foreign exchange rate version shall be made directly by the Transmission Licensee from the user without making any application before the Commission.
(7)Provided that in in case of any objection by the user to the amount claimed on account of cost of hedging or foreign exchange exchange rate variation, the Transmission Licensee may make an appropriate application before the Commission for its decision.Issue of Orders and Practice Directions
(8)Subject to the provision of the Act and these Regulations, the Commission may, from time to time, issue Orders and Practice directions in regard to the implementation of these Regulations and procedure to be followed on various matters, which the Commission has been empowered by these Regulations to direct, and matters incidental or ancillary thereto.
(9)Notwithstanding anything contained in these Regulations, the Commission shall have the authority, either suo motu or on a petition filed by any interested or affected party, to determine the tariff of any Licensee.Powers to remove difficulties
(10)If any difficulty arises in giving effect to any of the provisions of these Regulations, the Commission may, by a general or special order, not being inconsistent with the provisions of these Regulations or the Act, do or undertake to do things or direct the Licensee to do or undertake such things which appear to be necessary or expedient for the purpose of removing the difficulties.Power of Relaxation
(11)The Commission may in public interest and for reasons to be recorded in writing, relax any of the provision of these Regulations.Interpretation
(12)If a question arises relating to the interpretation of any provision of these Regulations, the decision of the Commission shall be final.Saving of Inherent Powers of the Commission
(13)Nothing contained in these Regulations shall limit or otherwise affect the inherent powers of the Commission from adopting a procedure, which is at variance with any of the provisions of these Regulations, if the Commission, in view of the special circumstances of the matter or class of matters and for reasons to be recorded in writing, deems it necessary or expedient to depart from the procedure specified in these Regulations.Enquiry and Investigation
(14)All enquiries, investigations and adjudications under these Regulations shall be done by the Commission through the proceedings in accordance with the provisions of the Conduct of Business Regulations.Power to Amend
(15)The Commission, for reasons to be recorded in writing, may at any time vary, alter or modify any of the provision of these Regulations by amendment.Appendix-IDepreciation Schedule
S. No Asset Particulars Depreciation Rate (Salvage value=10%)
(1) (2) (3)
    SLM
A Land owned under full ownership 0.00%
B Land under lease  
(a) For investment in land 3.34%
(b) For cost of clearing site 3.34%
C Assets Purchased New  
a. PI & machinery in generating stations  
(i) Hydro-electric 5.28%
(ii) Steam-electric NHRB & Waste Heat Recovery Boilers 5.28%
(iii) Diesel electric & gas plant 5.28%
b. Cooling towers and circulating water systems 5.28%
c. Hydraulic works forming part of hydro-electric systemincluding:  
(i) Dams, spillways weirs, canals, reinforced concrete flumes &syphons 5.28%
(ii) Reinforced concrete pipelines and surge tanks, steelpipelines, sluice gates, steel surge (tanks) hydraulic controlvalves and hydraulic works 5.28%
d. Building & civil engineering works of a permanentcharacter, not mentioned above:  
(i) Offices & showrooms 3.34%
(ii) Containing thermo-electric generating plant 3.34%
(iii) Containing hydro-electric generating plant 3.34%
(iv) Temporary erection such as wooden structures 100.00%
(v) Roads other than kutcha roads 3.34%
(vi) Others 3.34%
e. Transformers, kiosk sub-station equipment & other fixedapparatus (including plant foundations)  
(i) Transformers (including foundations) having a rating of 100kilo volt amperes and over 5.28%
(ii) Others 5.28%
f. Switchgear, including cable connections 5.28%
g. Lightning arrestors:  
(i) Station type 5.28%
(ii) Pole type 5.28%
(iii) Synchronous condenser 5.28%
h. Batteries 5.28%
(i) Underground cable including joint boxes and disconnected boxes 5.28%
(ii) Cable duct system 5.28%
i. Overhead lines including cable support  
(i) Lines on fabricated steel operating at terminals voltageshigher than 66 kV 5.28%
(ii) Lines on steel supports operating at terminal voltages higherthan 13.2 kV but not exceeding 66 kV 5.28%
(iii) Lines on steel or reinforced concrete supports 5.28%
(iv) Lines on treated wood supports 5.28%
j. Meters 5.28%
k. Self propelled vehicles 9.50%
l. Air conditioning plants:  
(i) Static 5.28%
(ii) Portable 9.50%
m.    
(i) Office furniture and furnishings 6.33%
(ii) Office equipments 6.33%
(iii) Internal wirings including fittings and apparatus 6.33%
(iv) Street Light fittings 5.28%
n. Apparatus let on hire:  
(i) Other than motors 9.50%
(ii) Motors 6.33%
o. Communication equipment  
(i) Radio and higher frequency carrier systems 6.33%
(ii) Telephone lines and telephones 6.33%
p. IT Equipments 15.00%
q. Any other assets not covered above 5.28%
Appendix-IIProcedure for Calculation of Transmission System Availability Factor for a Month