d67c2991_Annex_II___Tables__2
[0] 2 [1] Return on Equity [3] As per Govt. Notification 10% (Up to 21.10.91) 12% (w.e.f. 21.10.91) 16% (w.e.f. 1.11.98) [4] Once the loan repayment is over the tariff will be high due to high cost of equity. The purpose of reduction of notional equity is apparently to reflect the reduced capiatl employed. [2] 
Notional 50% of cumulative gross capital cost. Once loans are fully paid equity to be reduced to the extent of further depreciation
Annex II : Tables
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