Section 16 in Tamil Nadu Electricity Regulatory Commission (Terms and Conditions for Determination of Tariff for Transmission/Distribution of Electricity Under MYT Framework) Regulations, 2009
16. Incentives.
- The Transmission Licensee shall be entitled to incentive @ 1% of equity for each percentage point of increase in annual availability beyond the target availability prescribed under regulation 58(b) (i.e) 98% in accordance with the following formulaIncentive = Equity * (Annual Availability achieved - Target availability) / 100.A portion (as decided by the Commission) of the incentive shall be shared with the long term OA customers in the ratio of their average allotted capacity.
