Section 25: Return on Equity

The Himachal Pradesh Electricity Regulatory Commission (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions…State Regulations of Himachal Pradesh · 2003

(1) The value base for the equity shall be 30% of the normative capital cost as determined under regulation 20:

Provided that in case of project specific determination, the value base of equity shall be restricted to the actual amount of equity or 30% of the capital cost admitted by the Commission, whichever is lower, in accordance with the provisions of regulation 22.

(2) The normative return on Equity shall be -

(a) 19% per annum for the first 10 years.

(b) 22% per annum from 11 th year onwards.

Where this provision sits

Act	The Himachal Pradesh Electricity Regulatory Commission (Promotion of Generation from the Renewable Energy Sources and Terms and Conditions for Tariff Determination) Regulations, 2012
Section	25
Marginal note	Return on Equity
Jurisdiction	State of Himachal Pradesh
Status	In force as published by the source

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