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

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