Section 15 in Jharkhand State Electricity Regulatory Commission (Terms and Conditions for Distribution Tariff) Regulations, 2004
15. Advance Against Depreciation.
- 15.1 Advance Against Depreciation (AAD) shall be permitted wherever loan repayment considered for working out interest on loan exceeds the depreciation allowable as per schedule and shall be computed as follows:-AAD = Loan repayment as referred above amount subject to a ceiling of 1 /10th of original loan amount minus Depreciation as per schedule.15.2Advance Against Depreciation in a year shall be calculated by considering actual or normative loan arrived at in the manner indicated in regulation 24.
