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Section 12: Amendment of Clause 26.2 - Clause 26.2 of the Principal Regulations shall be substituted namely

CSERC (Tariff principles and Methodology and Procedure for determination of Expected revenue from Tariff and Charges) (First Amendment) Reg…State Regulations of Chhattisgarh · 2003

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2o.2 At the time of True-Up, the receivables for the computation of working capital requirement of the generating company, STU/transmission licensee and SLDC will be determined equivalent to 45 days of actual revenue billed and the receivables for the computation of working capital requirement of the distribution licensee will be determined equivalent to 15 days of actual revenue billed.

13. Addition of Clause 26.4 - The following Clause shall be added after Clause 26.4 of the Principal Regulations namely:

26.5 · Notwithstanding the provisions of these Regulations, the receivables to be considered for computation of working capital for the generating company, STU/transmission licensee and SLDC, shall be considered for such number of days as may be prescribed in the Rules, related to payment of surcharge, notified by the Central or State Government under Section 176 or Section 180, as the case may be, in accordance with the Act.

Where this provision sits

ActCSERC (Tariff principles and Methodology and Procedure for determination of Expected revenue from Tariff and Charges) (First Amendment) Regulations, 2023.
Section12
Marginal noteAmendment of Clause 26.2 - Clause 26.2 of the Principal Regulations shall be substituted namely
JurisdictionState of Chhattisgarh
StatusIn force as published by the source

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