(a) Assumptions relating to the behavior of individual variables that comprise the aggregate revenue requirement during the control period; or
(b) Assumptions relating to-
(i) percentage annual change in a suitable macro-economic or market index, or combination thereof, to which the aggregate revenue requirement of the applicant is correlated; and
(ii) percentage annual reduction in aggregate revenue requirement due to efficiency or productivity gains proposed to be achieved by the applicant on account of specified benchmark, controllable and uncontrollable factors, during the control period: or any other unforeseen adjustments as appropriate.
(a) from the methodology specified in clause (a) of Regulation 7.2.1 to clause (b) of that Regulation; or
(b) from the methodology specified in clause (b) of Regulation 7.2.1 to clause (a) of that Regulation, the applicant shall apply to the Commission for approval of change of methodology along with the rationale thereof and such other details as the Commission may require, at least nine (9) months before the commencement of such control period.
(a) pass an order approving the change of method, subject to such conditions as it may specify in the said order; or
(b) reject the application for reasons to be recorded in writing, if it is not in accordance with the principles contained in Section 61 of the Act or these regulations.
(2) Capital Expenditure Plan.
(3) Forecast of expected revenue from tariff and charges.
(a) In the case of a Transmission Licensee, estimates of transmission capacity allocated to Transmission System Users for each financial year within the control period;
(b) In the case of a Distribution Licensee, estimates of quantum of electricity wheeled or capacity allocated to the distribution system users for each financial year within the control period;
(c) Prevailing tariffs as at the date of making the application.
(a) pass an order approving the forecast of aggregate revenue requirement and expected revenue from tariff and charges for the control period, subject to such modifications and conditions as it may specify in the said Order; or
(b) reject the application for reasons to be recorded in writing, if it is not in accordance with the principles contained in Section 61 of the Act or these Regulations and direct the applicant to submit a revised forecast taking into consideration such factors as the Commission may deem appropriate.
Chapter 8
Section 7 • Gujarat Electricity Regulatory Commission (Multi Year Tariff Framework) Regulation, 2007
7. Forecast.
gujarat-electricity-regulatory-commission-multi-year-tariff-framework-regulation-2007-sec-7.json
•
Section 7
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"number": "7",
"title": "7. Forecast.",
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"content": "(a) Assumptions relating to the behavior of individual variables that comprise the aggregate revenue requirement during the control period; or\n(b) Assumptions relating to-\n(i) percentage annual change in a suitable macro-economic or market index, or combination thereof, to which the aggregate revenue requirement of the applicant is correlated; and\n(ii) percentage annual reduction in aggregate revenue requirement due to efficiency or productivity gains proposed to be achieved by the applicant on account of specified benchmark, controllable and uncontrollable factors, during the control period: or any other unforeseen adjustments as appropriate.\n(a) from the methodology specified in clause (a) of Regulation 7.2.1 to clause (b) of that Regulation; or\n(b) from the methodology specified in clause (b) of Regulation 7.2.1 to clause (a) of that Regulation, the applicant shall apply to the Commission for approval of change of methodology along with the rationale thereof and such other details as the Commission may require, at least nine (9) months before the commencement of such control period.\n(a) pass an order approving the change of method, subject to such conditions as it may specify in the said order; or\n(b) reject the application for reasons to be recorded in writing, if it is not in accordance with the principles contained in Section 61 of the Act or these regulations.\n(2) Capital Expenditure Plan.\n(3) Forecast of expected revenue from tariff and charges.\n(a) In the case of a Transmission Licensee, estimates of transmission capacity allocated to Transmission System Users for each financial year within the control period;\n(b) In the case of a Distribution Licensee, estimates of quantum of electricity wheeled or capacity allocated to the distribution system users for each financial year within the control period;\n(c) Prevailing tariffs as at the date of making the application.\n(a) pass an order approving the forecast of aggregate revenue requirement and expected revenue from tariff and charges for the control period, subject to such modifications and conditions as it may specify in the said Order; or\n(b) reject the application for reasons to be recorded in writing, if it is not in accordance with the principles contained in Section 61 of the Act or these Regulations and direct the applicant to submit a revised forecast taking into consideration such factors as the Commission may deem appropriate.\nChapter 8",
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