Section 11 in Central Electricity Regulatory Commission (Deviation Settlement Mechanism and Related Matters) Regulations, 2014
11. Application of fund collected through Deviations.
- The surplus amount, if any in the Deviation Pool Account Fund as on last day of the month, shall be transferred to a separate fund namely "Power Systems Development Fund" specified by the Commission in the first week of the next month and shall be utilized, for the purpose specified by the Commission.
