Deviation Settlement Mechanism Regulations definition

Deviation Settlement Mechanism Regulations means the Central Electricity Regulatory Commission (Deviation Settlement and related matters) Regulations 2014 as amended from time to time and subsequent enactment thereof;
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Deviation Settlement Mechanism Regulations means Central Electricity Regulatory Commission (Deviation Settlement Mechanism and related matters) Regulations, 2014 including any subsequent amendments thereof;
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Deviation Settlement Mechanism Regulations means Central Electricity Regulatory Commission (Deviation Settlement Mechanism and related matters) Regulations, 2014 including any subsequent amendments, and/or UERC (Deviation Settlement Mechanism and related matters) Regulations, 2016 (as and when notified by the Commission) whichever is applicable;
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Examples of Deviation Settlement Mechanism Regulations in a sentence

  • In case of Projects connected through CTU Network and/or in case of Inter-State Projects, the commercial settlement of purchased energy as well as energy drawl from the grid shall be governed as per CERC (Deviation Settlement Mechanism) Regulations, 2014.

  • Maximum Deviation allowed during a time block shall be as per the CERC Deviation Settlement Mechanism Regulations.

  • Maximum deviation allowed during a time block shall not exceed the limits specified in the Deviation Settlement Mechanism Regulations.

  • CERC Deviation Settlement Mechanism Regulations 2014 On February 17, 2014, CERC has put in place the new Regulations on Deviation Settlement Mechanism thereby abolishing the erstwhile Unscheduled Interchange (UI) Mechanism for settlement of deviation from declared schedule.

  • Provided that any revenue earned by the generating company from sale of infirm power after accounting for the fuel expenses shall be applied for reduction in capital cost.” The Commission further observe that as per CERC Deviation Settlement Mechanism Regulations, the price under deviation settlement mechanism is related to the daily average Area Clearing Price (ACP) of the power exchange, which cannot be determined earlier.

  • Any under-injection or over-injection with respect to the schedule approved by the SLDC by a generating company or a Licensee shall be settled in accordance with the CERC Deviation Settlement Mechanism Regulations 2014 amended from time to time.

  • The day wise/block wise scheduling for LTOA transactions shall be carried out as per prevailing CERC/TNERC‟s Deviation Settlement Mechanism Regulations, Open access Regulations, Grid Code and other orders with amendments then and there.

  • POSOCO: With tight controls and limits on deviation volume as per the CERC (Deviation Settlement Mechanism) Regulations, 2014, it is essential that market participants are given more opportunities to buy and sell power.

  • Then, there is no question of applying the Deviation Settlement Mechanism Regulations or otherwise permitting the petitioner to retain any amount which is an income to the petitioner.

  • In accordance with the existing energy accounting procedure of SLDC, over injection by the generator over and above the scheduled energy will be treated as Lapsed till such time the relevant Deviation Settlement Mechanism Regulations of Hon’ble TNERC is implemented.

Related to Deviation Settlement Mechanism Regulations

  • ASX Settlement Operating Rules means the rules of ASX Settlement Pty Ltd which apply while the Company is an issuer of CHESS approved securities;

  • Residual market mechanism means an arrangement, either voluntary or mandated by law, involving participation by insurers in the equitable apportionment among them of insurance which may be afforded applicants who are unable to obtain insurance through ordinary methods.

  • Gross Settlement Amount means $633,000.00 which is the total amount Defendant agrees to pay under the Settlement except as provided in Paragraph 9 below. The Gross Settlement Amount will be used to pay Individual Class Payments, Individual PAGA Payments, the LWDA PAGA Payment, Class Counsel Fees, Class Counsel Expenses, Class Representative Service Payment and the Administrator’s Expenses.

  • Net Settlement Amount means the Gross Settlement Amount, less the following payments in the amounts approved by the Court: Individual PAGA Payments, the LWDA PAGA Payment, Class Representative Service Payment, Class Counsel Fees Payment, Class Counsel Litigation Expenses Payment, and the Administration Expenses Payment. The remainder is to be paid to Participating Class Members as Individual Class Payments.