Section 15 in Madhya Pradesh Electricity Regulatory Commission (Terms and Conditions for Tariff determination of energy from Renewable Energy Sources) Regulations, 2017
15. Return on Equity.
(1)The value base for the equity shall be 30% of the capital cost or actual equity (in case of project specific tariff determination) as determined under Regulation 13.(2)The normative Return on Equity shall be at 20% per annum for the useful life of the project.
