Section 16 in Jammu and Kashmir State Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2013
16. Return on Equity.
(1)The value base for the equity shall be 30% of the capital cost or actual equity (in case of project specific tariff determination) as determined under Regulation 13.(2)The normative Return on Equity shall be:(a)18% per annum for the first 10 years.(b)22% per annum 11th years onwards.
