Examples of OERC in a sentence
Section 62 of the Electricity Act, 2003 empowers OERC to determine tariff for retail sale of electricity.
The Long Term Transmission Charge on the basis of MW flow is calculated by the formula as provided in the OERC (Determination of Open Access Charges) Regulations 2006 dated 06.06.2006.
As per OERC (Conduct of Business) Regulations, 2004 and OERC (Terms & Conditions for Determination of Tariff) Regulations, 2004, the Licensees are required to file their Annual Revenue Requirement (ARR) and Retail Supply Tariff Application (RST) on or before 30th November every year in the prescribed format for the ensuing financial year.
In accordance with OERC Regulation, 2005, the short term open access customers shall pay at the rate of 25% of the long-term open access charges.
This is a consequence of the relatively small size of the site and the strategic approach to contributions sought for the Southern Fringe sites which has assessed the cumulative impact of the various developments and sought contributions on a proportionate basis.
As per Regulation 134 (I) of OERC Distribution (Conditions of Supply) Code, 2019 the supply for load above 5 KW upto and including 70 KVA shall be in 3-phase, 3 or 4 wires at 400 volts between phases.
Hence objector has petitioned for a separate consumer category for ‘Mega Steel Plant’ as per the provisions of Regulation 80 of the OERC Distribution (conditions of supply) code, 2004, with tariff slabs of load factor consumption as <40%, 40-50%, 50-60%, 60-70% and >70%.
Due to the funds flow problem, CESU could not spend the required amount for R&M as per the norms of OERC i.e. 5.4% of GFA (opening).
As per Regulation 76 (1) (c) of OERC Distribution (Conditions of Supply) Code, 2004 the supply for load above 5 KW upto and including 70 KVA shall be in 2-phase, 3-wires or 3-phase, 3 or 4 wires at 400 volts between phases.
The OERC (Fees & Charges of SLDC and other related matters) Regulations, 2010 defines Operation and Maintenance (O&M) Expenses as expenses excluding Human Resources Expenses.