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Power Market
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                  13. Transmission Services

                 Based on  the regulations,  the transmission  payment is  calculated

                 based  on  the  pre-defined  tariffs  for  available  capacity  and  also  the
                 energy passing through the transmission lines and power transformers.
                 The  tariffs  are  revised  annually  for  different  transmission  voltage  levels

                 (lines & transformers).

                            Table 3: Total Transmission Companies Remuneration


                                                              Energy        Excess          Total
                         Payment             Availability
                                                          Transmission  Payments (Billion Rials)
                  March 2020 – March 2021        37%           6.3%          56.7%         92,243


                  March 2021 – March 2022       31.5%          5.5%           67%          112,142

                  March 2022 – March 2023       24.4%          4.3%          71.3%         150,397
                 As is seen in Table 3, it has a noticeable share in the total payment

                 to  the  transmission  companies.  Excess  payment  consists  of  differed
                 accounts, data loss penalties, and Cross-border transit payment.
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