Section 11 in Tamil Nadu Electricity Regulatory Commission (Terms and Conditions for Determination of Tariff for Transmission/Distribution of Electricity Under MYT Framework) Regulations, 2009
11. Return on Equity.
- Return on Equity shall be 14% per annum post tax for each year of the control period and computed in accordance with regulation 22 of Tariff Regulations.[The Distribution licensee shall achieve various indices related To supply availability as given by the Commission from time to time. For every under achievement of 1% in composite availability for urban and rural areas, ROE shall be reduced by 0.1%.] [Inserted by Notification No. TNERC/MYT/18/2 dated 28-2-2011 (wef 23.3.2011).]
