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Section 5: Obligation of the Licensee

Treatment of Income of Other Business of Transmission Licensees and Distribution Licensees Regulations, 2013 (No Amendment)State Regulations of Bihar · 2003

(1) The Licensee shall not in any manner utilize the assets and facilities of the Licensed Business for any other Business or otherwise directly or indirectly allow the activities to be undertaken in a manner that it results in the Licensed Business subsidising the Other Business in any manner.

(2) The Licensee shall be responsible to ensure that the utilization of the assets and facilities of the Licensed Business for the other Business shall not in any manner affect the performance of the obligations or the quality of service required from the Licensee under the Licensed Business and that any such utilization shall be entirely at the cost and risk of the Licensee.

(3) The Licensee shall not in any manner, directly or indirectly, encumber the assets and facilities of the Licensed Business for any Other Business or for any activities other than the Licensed Business.

(4) The Licensee shall duly account for all costs which have been incurred for Other Business from the Licensed Business and in the event of such costs being incurred commonly for both the Licensed Business and Other Business, the Licensee shall apportion such costs with the approval of the Commission. All such costs pertaining to Other Business shall be duly adjusted by the Licensee for the benefit of the Licensed Business.

(5) In addition to the sharing of costs under sub-regulation (4) the licensee shall account for and adjust in favour of the Licensed Business such percentage of the gross turnover of the Other Business as the Commission may decide each year at the time of determination of Aggregate Revenue Requirement (ARR)

(6) The costs to be shared from the Other Business under sub-regulation (4) above and the amount to be adjusted in favour of the Licensed Business in terms of sub-regulation (5) above shall be the income of the Licensed Business of the Licensee and shall be utilized for reducing the charges of transmission or wheeling, as the case may be, of electricity by the Licensee.

(7) The licensee shall not make any fresh capital investment for the purpose of other Business without approval of the Commission.

Where this provision sits

ActTreatment of Income of Other Business of Transmission Licensees and Distribution Licensees Regulations, 2013 (No Amendment)
Section5
Marginal noteObligation of the Licensee
JurisdictionState of Bihar
StatusIn force as published by the source

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