Multi-Year Tariff Petition for FY 2013-14 to FY 2015-16 - UERC

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PETITION FOR TRUE-UP OF FY 2004 TO FY 2011-12 &MYT PETITION FOR THE CONTROL PERIOD FY 2013-14 TO FY 2015-16The Petitioner requests the Hon‟ble Commission to approve the Revised Aggregate RevenueRequirement of PTCUL for FY 2012-13 as estimated in the table above and allow recovery of thevariation in the Aggregate Revenue Requirement of FY 2013-14.Power Transmission Corporation of Uttarakhand Ltd. Page 23
PETITION FOR TRUE-UP OF FY 2004 TO FY 2011-12 &MYT PETITION FOR THE CONTROL PERIOD FY 2013-14 TO FY 2015-164. AGGREGATE REVENUEREQUIREMENT FOR THE CONTROLPERIOD FY2013-14 TO FY2015-164.1 MYT FRAMEWORKIn line with the Electricity Act, 2003, the Hon‟ble Commission has issued the (Terms and Conditions forDetermination of Tariff) Regulations, 2011 on December 19, 2011. In the Regulations, the Hon‟bleCommission has approved a control period from April 1, 2013 onwards up to FY 2015-16 i.e. March 31,2016 for the purpose of determination of Tariff for the transmission utility i.e. PTCUL.Regulation 60 of UERC Tariff Regulations 2011 provide that“The Annual Transmission Charges for each financial year of the Control Period shall provide for therecovery of the Aggregate Revenue Requirement of the Transmission Licensee for the respectivefinancial year of the Control Period, as reduced by the amount of non-tariff income, income from OtherBusiness and short-term open access charges, as approved by the Commission and shall be computedin the following manner:Aggregate Revenue Requirement, is the sum of:(a) Operation and maintenance expenses;(b) Lease Charges;(c) Interest and Finance Charges on loan capital;(d) Return on equity capital;(e) Income-tax;(f) Depreciation;(g) Interest on working capital and deposits from Transmission System Users; andAnnual Transmission Charges of Transmission Licensee = Aggregate Revenue Requirement, as above,Minus:(h) Non-Tariff Income;(i) Short-Term Open Access Charges and(j) Income from Other Business to the extent specified in these Regulations.”Power Transmission Corporation of Uttarakhand Ltd. Page 24
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Multi-Year Tariff Petition for FY 2013-14 to FY 2015-16 - UERC

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