Chibro Petition - UJVN Limited Dehradun...

True-up of FY09, FY10, FY11 & MYT Petition for FY14, FY15, FY161.7.3.4 However, the above information is merely on the basis of primary researchand without any documentary evidences. Hence, may not be firmlyestablished in the present Tariff Petition.1.7.3.5 It is respectfully prayed that Hon’ble Commission may consider themethodology as adopted by the Petitioner based on the following facts:There is only one major beneficiary from all the Projects of the Petitioner.Since, this is a truing up exercise, whatever methodology is adopted forallocating indirect expenses, the total indirect expenses of UJVNL to berecovered from the beneficiary would not vary. Hence, there may be aprojectwise variation in the recovery of indirect expenses, however, interms of total indirect expenses recovery, neither UJVNL will be benefitednor beneficiary would have disadvantage.The share of indirect expenses is less than 10% of total O&M expenses,hence, any methodology may be adopted and the variation of allocatedexpenses among all methodologies would be negligible.1.7.4 In accordance with Hon’ble Commission’s directions in the earlier Tariff Orderissued in May 2011, impact of arrear of VIth pay commission has beenconsidered on cash basis. The O&M expenses for F.Y 2008-09, 2009-10 and2010-11 have been computed as under:-Table 12: O&M Expenses for True Up Years (Rs. Crore)Chibro HEP November 2012 Page 10