Multi-Year Tariff Petition for FY 2013-14 to FY 2015-16 - UERC
Multi-Year Tariff Petition for FY 2013-14 to FY 2015-16 - UERC
Multi-Year Tariff Petition for FY 2013-14 to FY 2015-16 - UERC
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PETITION FOR TRUE-UP OF <strong>FY</strong> 2004 TO <strong>FY</strong> 2011-12 &MYT PETITION FOR THE CONTROL PERIOD <strong>FY</strong> <strong>2013</strong>-<strong>14</strong> TO <strong>FY</strong> <strong>2015</strong>-<strong>16</strong>WPIinflation – is the average increase in the Wholesale Price Index (CPI) <strong>for</strong> immediately preceding threeyears;Provision: Cost <strong>for</strong> initiatives or other one-time expenses as proposed by the Transmission Licensee andapproved by the Commission after prudence check.The A&G expenses have been projected considering Rs. <strong>14</strong>.27 Crore in <strong>FY</strong> 2012-13 (which is theapproved A&G expense as per the tariff order dated April 4, 2012) and thereafter escalated each year bythe WPI index of 7.<strong>14</strong>%. An ad-hoc provision of Rs. 5.00 Crore has been considered from <strong>FY</strong> <strong>2013</strong>-<strong>14</strong>and onwards. The detailed proposal <strong>to</strong>wards the nature of such expenses <strong>to</strong> be incurred under suchprovision would be submitted with the MYT/APR petitions.Table 39: Projected Administrative and General Expenses in the plan period (Figures in Rs Crore)Particulars <strong>2013</strong>-<strong>14</strong> 20<strong>14</strong>-15 <strong>2015</strong>-<strong>16</strong>Projected A&G Expenses 20.29 26.74 33.654.2.12 TOTAL OPERATION AND MAINTENANCE EXPENSESConsidering the <strong>for</strong>egoing sections, the <strong>to</strong>tal Operation and Maintenance Expenses have beensummarised in the table below:Table 40: Projected Operation and Maintenance Expenses in the control period (Figures in Rs Crore)Particulars <strong>2013</strong>-<strong>14</strong> 20<strong>14</strong>-15 <strong>2015</strong>-<strong>16</strong>Employee Expenses 79.11 89.78 102.65R&M Expenses 32.44 41.44 45.97A&G Expenses 20.29 26.74 33.65Total O&M Expenses 131.84 157.96 182.264.2.13 GUARANTEE FEEThe guarantee fee is payable on loans <strong>for</strong> which the GoU has given guarantee and has been calculatedon the outstanding loan balances:Table 41: Projected Guarantee Fee (Figures in Rs Crore)Particulars <strong>2013</strong>-<strong>14</strong> 20<strong>14</strong>-15 <strong>2015</strong>-<strong>16</strong>Outstanding Loan Balance 552.27 739.17 786.69Projected Guarantee Fees 5.52 7.39 7.87Power Transmission Corporation of Uttarakhand Ltd. Page 39