Section 37 in Joint Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2019
37. Operation and Maintenance Expenses.
- 37.1 The normative O&M expenses for the first year of the Control Period, i.e., FY 2019-20, shall be:(a)1.5% of Capital Cost for first year, for Solar PV Projects in Mainland Areas;(b)2.0% of Capital Cost for first year, for Solar PV Projects in Island Areas.37.2The normative O&M expenses for subsequent years shall be derived in accordance with the escalation mechanism specified at Regulation 20.3.
