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What Is Group Concession Scheme Under New Pricing Scheme? |
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Answer» Group Concession Scheme under NPS introduced from 1.402003 Under NPS, all units were classified into six groups BASED on vintage and the feedstock. For each group, weighted average group price was worked out excluding the outlier (RPS more than +/- 20% of group average). Each unit will get the concession RATE based on the group average or the retention price, whichever is lower. Outlier units to get advantage of 50%N of the DIFFERENCE between the RPS and the group average for a period of three years. Group Concession Scheme under NPS introduced from 1.402003 Under NPS, all units were classified into six groups based on vintage and the feedstock. For each group, weighted average group price was worked out excluding the outlier (RPS more than +/- 20% of group average). Each unit will get the concession rate based on the group average or the retention price, whichever is lower. Outlier units to get advantage of 50%n of the difference between the RPS and the group average for a period of three years. |
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