The generating company shall publish the tariff approved by the Commission in the newspapers, having circulation in the area of supply, as the Commission may direct. The publication shall, besides such other things as the Commission may require, include a general description of the tariff changes.
PART-VI Miscellaneous
42. Sharing of Clean Development Mechanism (CDM) Benefits. (1) The proceeds of carbon credit from approved CDM project shall be shared in the following manner, namely-
(a) 100% of the gross proceeds on account of CDM to be retained by the project developer in the first year (12 months) after the date of commercial operation of the generating station;
(b) in the second year, the share of the beneficiaries shall be 10% which shall be progressively increased by 10% every year till it reaches 50%, Compendium of HPERC Regulations, March 2021 29 whereafter the proceeds shall be shared in equal proportion, by the generating company and the beneficiaries.
1 [43. Tax on Income .- In view of pre tax return on equity, tax on the income streams of the generating company shall not be recovered from the beneficiaries:
Provided that the deferred tax liability, excluding Fringe Benefit Tax, for the period up to end of previous control period, whenever it materializes, shall be recoverable directly from the beneficiaries and the long-term customers.]