Section 49 in The Punjab State Electricity Regulatory Commission (Conduct of Business) Regulations, 2005
49. Multi Year Tariff Principles and Guidelines.
(1)The Commission may adopt multi year tariff principles for matters relating to calculation of revenue requirements of the Transmission or the Distribution Licensees and the tariff determination including on aspects of investments, reduction of loss levels, other efficiency gains to be achieved, the revision in charges, changes in tariff structure, and such other matters as the Commission may by a general or special order direct.(2)The Commission may, as and when it considers appropriate, issue guidelines for filing statement of revenue calculations and tariff proposals for period in excess of a financial year and unless waived by the Commission, the licensee shall follow such guidelines issued by the Commission.
