Distribution and Retail Supply Business definition
Examples of Distribution and Retail Supply Business in a sentence
Subject to section 27(6) of the Act in the conduct of the Distribution and Retail Supply Business, the Licensee shall not show undue preference to any person.
The licensee shall within three months of the grant of this licence submit, for approval by the Authority, a methodology on the basis of which its revenues, costs and assets shall be attributed to each of its Distribution and Retail Supply Business to ensure that all charges and rates are based on the true allocation of capital and operational costs for each of these different activities (distribution and retail supply) without any cross–subsidy between them.
The licensee shall take all reasonable steps to protect persons and property from injury and damage that may be caused by the licensee (including in relation to its licensee’s Distribution System) when carrying out the Distribution and Retail Supply Business, and shall take account of any guidance issued by the Authority or any other competent authority.
UHBVNL’s proposal refers to the Distribution and Retail Supply Business ARR filing dated 28.11.2008, revised vide filing dated 12.6.2009, additional information provided in response to the queries raised by the Commission or otherwise and the oral submissions made by the representatives of the Licensee during the public hearing.
This leaves a revenue shortfall of Rs. 873.20 crores based on the approved revenue requirement and the expected revenue income of the Distribution and Retail Supply Business at the approved tariffs.
In the event of circumstances contemplated by Article 3 (4) of the Electricity Law, the licensee shall place the resources of its Distribution and Retail Supply Business at the disposal and control of the Ministry in accordance with that article.
In this chapter, DHBVNL’s proposal refers to the Distribution and Retail Supply Business ARR filing made on 28.11.2005 and 24.1.2006, additional information provided in response to the deficiency letter issued by the Commission or otherwise and the oral submissions made by the representatives of the Licensee during the public hearing.
The licensee shall comply with all applicable environmental laws when carrying out the Distribution and Retail Supply Business, and shall take account of any guidance issued by the Authority or any other competent authority.
Based on the approved tariff, the power purchase cost for Distribution and Retail Supply Business is expected to be Rs. 34783.58 millions during FY 2003-04.
The consolidated loans position for Distribution and Retail Supply Business (UHBVNL+DHBVNL) as per ARR filings is given below.