Examples of Deemed Distribution Licensee in a sentence
Furthermore, provided that if the Buying Entity is other than Deemed Distribution Licensee, the above phrases “110% of estimated average monthly billing” and “110% of average of the monthly tariff payments of the previous Contract year billing” shall be substituted with “210% of six times the estimated average monthly billing” and “210% of six times average of the monthly tariff payments of the previous Contract Year” respectively.
In accordance with Section 14 (b) of the Electricity Act, 2003 read with Section 4(1) of the SEZ Act, 2005, entities that own and operate SEZ Parks are considered Deemed Distribution Licensee for supplying electricity to consumers within the SEZ area.
It is submitted that, this position has not changed pursuant to Indian Railways being recognized as a Deemed Distribution Licensee.
Procurer is a Deemed Distribution Licensee of its SEZ spread over an area of 125.72.07 Ha in Vilayat and Vorasamni village in Taluka Vagra, District Bharuch in the State of Gujarat.
As per Section 14(b) of Electricity Act, 2003, Special Economic Zone is recognized as Deemed Distribution Licensee.
Pursuant to the Order dated 5 November, 2015 of CERC, Indian Railways has already taken necessary steps for operationalizing its Deemed Distribution Licensee status and has started drawing power from the grid in the capacity of Distribution Licensee by obtaining grid connectivity with the State Transmission Network and Transmission open access.
Orissa Electricity Regulatory Commission & Ors.) Hon’ble Supreme Court has dealt with the issue of liability of Deemed Distribution Licensee (SEZ developer) to pay cross subsidy surcharge to the incumbent Distribution Licensee.
Regulation 75.8 of MYT Regulations 2019 allows Commission to determine the Operation and Maintenance expenses on a case to case basis for Deemed Distribution Licensee whose tariff is yet to be determined by the Commission till the coming into force of these Regulations.
Suggested Amendment:Following proviso may be added to Section 42 (2) after first proviso:Provided also that a surcharge shall be levied on the all distribution licensee including Deemed Distribution Licensee for the loss of cross subsidy to the incumbent Distribution Licensee.
Furthermore, provided that if the Buying Entity is other than Deemed Distribution Licensee, the above phrases “110% of estimated average monthly billing” and “110% of average of the monthly tariff payments of the previous Contract year billing” shall be substituted with “210% of six times the estimated average monthly billing” and “210% of six times average of the monthly tariff payments of the previous Contract year” respectively.