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

More documents

Recommendations

Info

PETITION FOR TRUE-UP OF FY 2004 TO FY 2011-12 &MYT PETITION FOR THE CONTROL PERIOD FY 2013-14 TO FY 2015-164.3.12 AGGREGATE REVENUE REQUIREMENT FOR UITP PROJECTS DURING FY 2013-14 TO FY2015-16The table below depicts the Aggregate Revenue Requirement of UITP projects for the period FY 2013-14to 2015-16Table 57: ARR of UITP Projects for FY 2013-14 to FY 2015-16 (Figures in Rs Crore)Particulars 2013-14 2014-15 2015-16Depreciation 3.76 19.86 28.03Interest on Loan 7.91 40.56 56.10Return on Equity 5.87 27.80 41.80Operations and Maintenance Expenses 4.06 11.98 32.27Guarantee Fees 4.11 11.04 15.57Interest on Working Capital 0.71 2.89 4.94Aggregate Revenue Requirement (ARR) 26.43 114.13 178.73The Petitioner requests the Hon‟ble Commission to approve the ARR for UITP Projects which wouldenable PTCUL to charge appropriate cost for the intra-state lines being used by generators for inter-statetransfer of power.Power Transmission Corporation of Uttarakhand Ltd. Page 49
PETITION FOR TRUE-UP OF FY 2004 TO FY 2011-12 &MYT PETITION FOR THE CONTROL PERIOD FY 2013-14 TO FY 2015-165. COMPLIANCE OF DIRECTIVESIn the Tariff Order for FY 2012-13, the Hon‟ble Commission had issued certain directives to PTCUL. Thetable below provides the compliance against each of directive:DirectiveCapital cost of transferred assets:The Commission further, directs PTCUL to makesincere and all out efforts for getting the TransferScheme finalized within the ensuing financial year.Electrical Inspector CertificateThe Petitioner is also directed to capitalise theHT/EHT works only after obtaining clearance by theElectrical Inspector. The Commission has so farallowed capitalisation of the assets, right from thedate on which it was charged/capitalisedirrespective of the fact that clearances fromInspector have been received at a later date. ThePetitioner is hereby cautioned to take note of thesame, as the Commission from 01.04.2012 wouldbe recognising the capitalisation of any asset fromthe date of clearances obtained from the ElectricalInspector.REC- Old SchemeThe Commission directs the Petitioner to expeditethe effort to get prior clearance of the ElectricalInspector before charging the project or capitalisingthe same.Other than SchemesStatus of ComplianceThe Petitioner humbly submits that request hasbeen made by PTCUL to the State Governmentfor finalisation of Transfer Scheme betweenUPCL and PTCUL.Since the finalization of transfer schemebetween Uttar Pradesh Power CorporationLimited (UPPCL) and UPCL was still underprogress, the transfer scheme between UPCL &PTCUL could not be finalized.By an order No. 117/I(2)/2011-05/19/2002 dated27th April 2012, the Govt of Uttarakhand hasapproved the value of GFA of Rs. 1058.18Crore taken by UPCL in its accounts as onNovember 9, 2001. (The copy of the same hasbeen endorsed to Hon‟ble UERC by the GoU).The transfer scheme between PTCUL andUPCL has been under finalization and shall besubmitted to the Hon‟ble Commission afterfinalization.The Petitioner submits that it has submitted allelectrical inspector certificates to the Hon‟bleCommission and is undertaking all rigorousefforts for obtaining the clearance from theelectrical inspector on time before energizationof the asset.It is submitted to the Hon‟ble Commission thatinstructions within PTCUL have been issuedregarding obtaining electrical inspectorcertificate prior to the date of charging theproject or capitalising the same.PTCUL submits that the reconciliation work hasalready been completed and incorporated in thePower Transmission Corporation of Uttarakhand Ltd. Page 50
Page 8 and 9: xPower Transmission Corporationof U
Page 10 and 11: PETITION FOR TRUE-UP OF FY 2004 TO
Page 14 and 15: 1. INTRODUCTIONPETITION FOR TRUE-UP
Page 20 and 21: 2.6 INTEREST ON WORKING CAPITALPETI
Page 26 and 27: * Actual expenditure is inclusive o
Page 28 and 29: 3.1.6 INTEREST ON WORKING CAPITAL L
Page 42 and 43: ParticularsPETITION FOR TRUE-UP OF
Page 44 and 45: EMPn = (EMPn-1) x (1+Gn) x (CPIinfl
Page 50 and 51: 4.3 ANNUAL TRANSMISSION CHARGES OF
Page 68 and 69: Formats for MYT Petition for the Co
Page 106 and 107:
Formats for MYT Petition for the Co
Page 108 and 109:
Page 110 and 111:
Page 112 and 113:
Page 114 and 115:
Page 116 and 117:
Page 118 and 119:
Page 120 and 121:
Page 122 and 123:
Page 124 and 125:
Page 126 and 127:
Page 128 and 129:
Page 130 and 131:
Page 132 and 133:
Page 134 and 135:
Page 136 and 137:
Page 138 and 139:
Page 140:
show all

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

Create successful ePaper yourself

Delete template?

Save as template?