Section 4(18) in The Delhi Electricity Regulatory Commission (Terms and Conditions for Determination of Transmission Tariff) Regulations, 2011
(18)For controllable parameters,(a)Any surplus or deficit on account of Operation and Maintenance (O&M) expenses shall be to the account of the Licensee and shall not be trued up in ARR; and(b)Depreciation and Return on Capital Employed shall be trued up at the end of Control Period based on the actual capital expenditure and actual capitalisation vis-à-vis capital investment plan (capital expenditure and capitalisation) approved by the Commission;(c)Provided that in case any change to capital investment plan for the Control Period as per the regulation 4.10, depreciation and return on capital employed shall be adjusted during the mid term review based on the actual capital expenditure, actual capitalisation and revised capital investment plan (capital expenditure and capitalisation schedule) approved by the Commission.
