return on equity

The Department of Atomic Energy (DAE) has finalised tariff norms for nuclear power projects for the five years beginning FY23. The return on equity remains fixed at 15.5 per cent, in line with norms for thermal plants. Plants commissioned before April 1, 2022, will follow a constant 15.5 per cent RoE. New projects can choose either the same fixed return or a variable RoE over the Power Purchase Agreement period. In the variable model, RoE…