Section 33 in Joint Electricity Regulatory Commission (Terms and Conditions for Tariff determination from Renewable Energy Sources) Regulations, 2019
33. Operation and Maintenance Expenses.
- 33.1 The normative O&M Expenses for the first year of the Control Period, i.e., FY 2019-20 shall be:(a)2% of the Capital Cost for Small Hydel Projects in Mainland areas;(b)2.5% of the Capital Cost for Projects in Island areas.33.2The normative O&M expenses for subsequent years shall be derived in accordance with the escalation mechanism specified at Regulation 20.3.
