Section 27(7) in Central Electricity Regulatory Commission (Fees and Charges of Regional Load Despatch Centre and other related matters) Regulations, 2019
(7)POSOCO shall submit the amount accumulated in LDCD Fund along with the break-up of sources from where the Fund is received. The POSOCO shall submit to the Commission at the end of every year, a report, along with an auditor's certificate, on utilization of LDCD Fund during the previous year. The report shall, inter alia, contain the details of the quantum of utilized as well as un-utilized portions of the LDCD Fund. The Commission may, if necessary, issue directives to the RLDCs and NLDC for effective utilization of LDCD Fund. For financing of capital assets during 2019-24, money utilized from LDCD Fund shall be treated as interest free advance to be refunded to the Reserve.
