POWER GRID CORPORATION OF INDIA LIMITED Vs. BIHAR STATE ELECTRICITY BOARD
APPELLATE TRIBUNAL FOR ELECTRICITY
POWER GRID CORPORATION OF INDIA LIMITED
BIHAR STATE ELECTRICITY BOARD
Click here to view full judgement.
(1.) THE petitioner seeks approval for incentive for the year 2006 -07 for its transmission system in Eastern Region, in terms of the Central Electricity Regulatory Commission (Terms & Conditions of Tariff) Regulations, 2004 (hereinafter referred to as "the regulations").
(2.) REGULATION 51 regulations provides that:
51. Target Availability for recovery of full transmission charges:
(1) AC System: 98%
(2) HVDC bio -pole links and HVDC back -to -back stations: 95%
Clause (1) of regulation 60 of the regulations, as amended, inter -alia provides that,
(1) 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 51, in accordance with the following formula: Incentive=Equity x [Annual availability achieved -Target availability]/100
(2) Incentive shall be shared by the long -term customers in the ratio of their average allotted transmission capacity for the year.
(3.) MEMBER -Secretary, EPRC under his letter dated 7.5.2007 certified the availability of intra -regional system and inter -regional links connecting Eastern Region to other regions, during 2006 -07. The necessary details in this regard are as under:
(Rs. in lakh)
Copyright © Regent Computronics Pvt.Ltd.