Delhi Electricity Regulatory Commission Treatment of Income from other Business of Transmission Licensee

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(2) This Regulation shall come into force from the date of their publication in the official Gazette. 2.0 Amendment of sub-regulation (1) (a) of Regulation 4 of the Principal Regulation. In Regulation 4 of Principal Regulations, for sub-regulation (1) (a), the following shall be substituted namely:- (a) maintain segment wise reporting for Other Business activities, such as amounts of any revenue, cost, asset, liability, reserve, or provision which has been charged from or to any Other Business together with a description of the basis of that charge or determined by apportionment or allocation between the various business activities together with a description. 3.0 Amendment of sub-regulation (5) of Regulation 5 of the Principal Regulation. In Regulation 5 of Principal Regulations, for sub-regulation (5), the following shall be substituted namely:- “(5) In addition to the sharing of costs under sub-clause (3) above, the Licensee shall account for and ensure due payment to the Licensed Business a certain proportion of revenues from the other Business as follows: a) where the Licensee utilizes the assets and facilities of the licensed business for other business the Licensee shall retain 40% of the net revenue from such business and pass on the remaining 60% of the net revenue to the regulated business; and b) where the Licensee does not utilize the assets and facilities of the licensed business for other business, the Licensee shall retain 60% of the net revenue from such business and pass on the remaining 40% of the net revenue to the regulated business; Provided that any deficit on account of such other business shall be to the account of the licensee.” SURENDRA EDUPGHANTI, Secy. Uploaded by Dte. of Printing at Government of India Press, Ring Road, Mayapuri, New Delhi-110064 and Published by the Controller of Publications, Delhi-110054.