Section 31(2) in Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2014
(2)The capacity charge (inclusive of incentive) payable to a hydro generating station for a calendar month shall be :AFC x 0.5 x NDM / NDY x (PAFM / NAPAF) (in Rupees)Where,AFC = Annual fixed cost specified for the year, in RupeesNAPAF = Normative plant availability factor in percentageNDM = Number of days in the monthNDY = Number of days in the yearPAFM = Plant availability factor achieved during the month, in percentage
