DERC issued amendment in the Statement of Reasons for Business Plan Regulations 2023

Oct 09, 2023 | by TeamLease RegTech Legal Research Team

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Industry Specific ComplianceThe Delhi Electricity Regulatory Commission (DERC) on October 03, 2023, issued an amendment in the Statement of Reasons for Business Plan Regulations 2023.

The following amendment has been stated:

• Regulation 23 which states Operation and Maintenance Expenses, has been substituted with the following:

The Commission has projected the estimated sales for FY 2022-23 considering the CAGR growth from FY 2014-15 to FY 2019-20 (i.e. FY 2015-16 on 2014-15, 2016- 17 on 2015-16, 2017-18 on 2016- 17, 2018-19 on 2017-18 and 2019-20 on 2018-19). FY 2020- 21 and FY 2021-22 have not been considered due to imposition of Covid-19 lockdown.

[Notification No. F.3(685)/Tariff/DERC/2022-23/7538]


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