Section 8(2) in Central Electricity Regulatory Commission (Payment of Fees) Regulations, 2012
(2)" Annual Turnover" shall be calculated considering the total number of units cleared in all types of transactions on a Power Exchange in a financial year and shall be expressed in million units (MUs).Explanation - If a transaction of 10 MUs is cleared, the turnover considered will be 10 MUs only and not a cumulative addition of 10 MUs as buy quantity and 10 MUs as sell quantity of that transaction;
