Chibro Petition - UJVN Limited Dehradun...

A. Specific Legal Provisions under which the Petition is being filed1) UJVN Ltd. under Section 62 and 86 of the Electricity Act, 2003 read witha. Regulation 4(1) of the Uttarakhand Electricity Regulatory Commission (Termsand Conditions for Determination of Hydro Generation Tariff) Regulations,2004, &b. Regulation 11(1) of the Uttarakhand Electricity Regulatory Commission(Terms and Conditions for Determination of Tariff) Regulations, 2011,is filing this Tariff Petition before the Hon’ble Commission for approval ofprovisional Tariffs for the financial years from 2013-14 to 2015-16 and true up forthe financial years from 2008-09 to 2010-11.B. Limitation2) In terms of Section 56(4) (Chapter VI) of Uttarakhand Electricity RegulatoryCommission Conduct of Business Regulation 2004, an application for tariffdetermination by every licensee shall be filed before the Hon’ble UttarakhandElectricity Regulatory Commission on or before 30 th November every year.3) The present petition for Tariff Determination is within the period mentionedin Para (2) above hence not barred by Limitation.C. Facts of the case4) The Petitioner, UJVN Ltd. , is a company incorporated under the provisions ofthe Companies Act, 1956, having its registered office at UJJWAL, MaharaniBagh, GMS Road, Dehradun;5) It is submitted that Government of Uttaranchal (GoU) vide order datedNovember 5, 2001 (Copy of the order placed at Annexure I enclosed)transferred all hydropower assets of Uttar Pradesh Jal Vidyut Nigam Limited(UPJVNL) located in the State of Uttarakhand to UJVNL with effect fromNovember 09, 2001. In compliance to the said order, administrative andfinancial control of all hydro power plants of UPJVNL in operation or underconstruction was taken over by UJVNL with effect from November 09, 2001.GOU order also defines the basis of division of assets and liabilities betweenUPJVNL and UJVNL and is self-explanatory;