Legal Document View

Unlock Advanced Research with PRISMAI

- Know your Kanoon - Doc Gen Hub - Counter Argument - Case Predict AI - Talk with IK Doc - ...
Upgrade to Premium
[Cites 0, Cited by 0] [Entire Act]

State of Maharashtra - Section

Section 53 in The Maharashtra Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2005

53. Allocation of annual transmission charges.

- 53.1 The Transmission System Users shall share in the aggregate revenue requirement of the intra-State transmission system of the Transmission Licensee in such proportion as the transmission capacity rights of each Transmission System User bears to the total transmission capacity rights allotted in the intra-State transmission system:Provided that the charges payable by the Transmission System Users may also take into consideration factors such as voltage, distance, direction, quantum of flow and time of use, as may be specified by the Commission in its order passed under sub-section (3) of Section 64 of the Act:Provided that the charges shall be calculated on a daily basis by the Transmission Licensee and shall be billed every month, except where directed by the Commission for any Transmission System User or class of such users.
53.2The annual transmission charge payable by a Transmission System User shall be computed in accordance with the following equation:
ATC = [ARR - NTI - OI] X [CL/SCL]
Where ATC = Annual Transmission Charges
ARR = Aggregate Revenue Requirement of the Transmission Licensee,including all allowable expenses and return on equity capital, asapproved by the Commission
NTI = Approved level of non-tariff income
OI = Approved level of income from Other Business
CL = Allotted Transmission Capacity Rights to the TransmissionSystem User
SCL = Sum of Allotted Transmission Capacity Rights to allTransmission System Users