Wheeling Business definition

Wheeling Business means the business of operating and maintaining a distribution system for conveyance of electricity in the area of supply of the distribution licensee.
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Wheeling Business means the business of operating and maintaining a distribution system for conveyance of electricity in the area of supply of the Distribution Licensee. Words and expressions used in these Regulations and not defined herein but defined in the Act or any of the Regulations notified by the Commission shall have meaning assigned to them there-under.PART 2 BUSINESS PLAN 3. The Commission shall issue a Business Plan Order for each Control Period based on the Business Plan submitted by the Utility which shall contain the following parameters applicable for a Control Period:(1) Rate of Return on Equity,(2) Margin for rate of interest on Loan,(3) Operation and Maintenance Expenses,(4) Capital Investment Plan,(5) Mechanism for sharing of incentive-disincentive mechanism,(6) Allocation of overhead expenses incurred on account of Administrative Expenditure out of Operation and Maintenance Expenses for creation of Capital Asset,(7) Generating Norms:
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Wheeling Business means the business of operating and maintaining a distribution system for wheeling of electricity in the area of supply of a Distribution Licensee;
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Examples of Wheeling Business in a sentence

  • Provided that the interest/dividend earned from investments made out of Return on Equity corresponding to the Wheeling Business of the Distribution Licensee shall not be included in Non-Tariff Income.

  • The Distribution Licensee shall maintain separate books of accounts for Wheeling Business and Retail Supply Business.

  • The distribution licensee shall segregate the accounts of the licensed business into Wheeling Business and Retail Supply Business and submit separate ARRs for respective businesses.

  • The Petitioner has segregated its accounts of FY 2007-08 into Wheeling Business and Retail Supply Business based on the cost audit report enclosed in Annexure -9.

  • The Distribution Licensee shall be allowed a return on equity for Distribution Wheeling Business, as specified in Regulation 22 of these Regulations.

  • Basis for segregation of Wheeling and Retail Supply Business As per the MYT Regulations notified by the Hon’ble Commission, the distribution licensee is required to segregate its accounts into Wheeling Business and Retail Supply Business.

  • The DISCOMs have been advised for segregation of their accounts into Wheeling Business and Retail Supply Business for approval of the Commission under Regulation2.5 of the OERC’s Wheeling & RST Regulations, 2022.

  • This flexibility allows the Utilities to provide competitive price discounts to customers that might otherwise leave their system.However, it should be noted that internationally, PBR has been introduced only for the Wires Business (Transmission Business and Wheeling Business), and the retail supply Business is subjected to open competition.

  • Therefore, Commission approves the draft regulation.Regulation33 Segregation of Wheeling Business and Retail Supply BusinessThe Distribution Licensee shall maintain separate books of accounts for Wheeling Business and Retail Supply Business.

  • Considering the general principles of segregation of capital cost (i.e. Interest on Loan, RoE, depreciation) into wires and supply business and considering the fact that the distribution business of PED is dispersed in four regions having more dependence on the wire business, PED at present has considered a ratio of 90% to Wheeling Business and 10% to Supply Business.

Related to Wheeling Business

  • Core Business means any material line of business conducted by the Company and its Subsidiaries as of the Closing Date and any business directly related thereto.

  • Resident Business or “Resident Contractor” means an entity that has a valid resident certificate issued by the NM Taxation and Revenue Department pursuant to Section 13-1-22 NMSA 1978.

  • the two businesses means the Breedon business and the Target business;

  • Retained Business means any business now, previously or hereafter conducted by Seller or any of its Subsidiaries or Affiliates other than the Business.