Coal News We love to talk!

APR 17 2015

MPERC determines ARR and retail supply tariff for MPPMCL and the east, west and central discoms of Madhya Pradesh

  • Economic Times, ET Bureau / Hyderabad
  • Created: Fri 17th APR 2015

The Madhya Pradesh Electricity Regulatory Commission (MPERC) has determined the aggregate revenue requirement (ARR) and retail supply tariff for Madhya Pradesh Poorv Kshetra Vidyut Vitaran Company Limited (east discom), Madhya Pradesh Paschim Kshetra Vidyut Vitaran Company Limited (west discom), and Madhya Pradesh Madhya Kshetra Vidyut Vitaran Company Limited (central discom) for 2015-16.

The commission has increased the tariff by an average 10 per cent. The new rates came into effect on April 25, 2015.

ARR admitted by MPERC for2015-16 (Rs million)

Particulars

East

West

Central

Total

Power purchase cost including

MPPMCL cost

47,130.90

70,271.00

60,202.40

177,604.20

PGCIL charges

     4,367.80

     5,551.60

     4,224.30

     14,143.60

Transco charges (MP

TRANSCO) including terminal

benefits

     5,387.90

     6,912.50

     5,739.10

     18,039.50

O&M cost

   10,910.50

     9,938.40

     9,760.50

     30,609.30

Depreciation

     1,257.60

     1,076.30

     1,376.00

       3,710.00

Interest on project loans

     1,839.30

     1,062.00

     2,622.20

       5,523.50

Return on equity

     2,372.60

     1,820.30

     2,589.80

       6,782.70

Interest on working capital

         249.30

           34.80

         319.00

           603.10

Bad and doubtful debts

           20.00

           20.00

           20.00

             60.00

Interest on consumer security deposit

         616.80

         892.20

         612.20

       2,121.10

Less: Other income - retail and wheeling

     2,022.40

     3,412.50

     5,511.10

     10,946.10

ARR for 2015-16

   72,130.30

   94,166.50

   81,954.30

   248,251.00

Gap of true-up of 2009-10

     3,530.00

         600.00

         810.00

       4,940.00

Gap of true-up of 2010-11

     1,640.00

   (1,390.00)

     2,930.00

       3,180.00

Gap of true-up of 2011-12

     5,450.00

         780.00

     3,090.00

       9,320.00

Transmission true-up 2012-13

         520.00

         550.00

         670.00

       1,740.00

Generation true-up 2011-12

      (380.00)

      (370.00)

   (1,130.00)

     (1,880.00)

Total ARR for 2015-16

   82,890.30

   94,336.50

   88,324.30

   265,551.00

Revenue from existing tariff

   76,026.40

   84,936.70

   80,824.60

   241,787.70

Uncovered gap/surplus at

existing tariff

   (6,863.90)

   (9,399.80)

   (7,499.60)

   (23,763.30)

Revenue from proposed tariff

   82,890.30

   94,336.50

   88,324.20

   265,551.00

Uncovered gap/surplus at

proposed tariff

                  -  

                  -  

                  -  

                    -  

ARR: Aggregate revenue requirement, O&M: Operation and maintenance; MPMMCL: Madhya Pradesh Power Management Company Limited; MP Transco: Madhya Pradesh Power Transmission Company Limited

Source: MPERC

Tags

TOTAL Madhya Pradesh WHEELING MP Power Management Company Ltd MP Power Management Company Ltd Tariff Electricity Regulatory Commission Madhya Pradesh Elecricity Regulatory Commission Power Electricity Consumer MP WHEELING

Related News

  • Coal production surges 11% in first 45 days of 2015-16 amid core sector misery  Read more
  • MERC approves short-term power procurement requested by MADC  Read more
  • Govt to roll out Rs17,000 crore rural household electrification scheme  Read more
  • Narendra Modi lures Indias top fossil fuel companies to back solar boom  Read more
  • Brace for blackouts as western power plants go on the bl<x>ink  Read more
  • Idle Dabhol power plant may be put on the block  Read more
  • Gamesa India commissions more than 2 GW wind capacity in a year  Read more
  • A problem of plenty: Huge coal stock pile up may lead to fire this summer  Read more
  • No CAG audit of discoms: Delhi High court rejects APP directive  Read more
  • CNG, piped cooking gas become cheaper in Delhi  Read more