PETITION FOR APPROVAL OF REVISED REVENUE
REQUIREMENT AND DETERMINATION OF
GENERATION TARIFF FOR THE FINANCIAL
YEAR 2015-16
AND
TRUING-UP FOR FY 2013-14
AND
ANNUAL PERFORMANCE REVIEW FOR FY 2014-15,
Submission of Text and Affidavit
To
Assam Electricity Regulatory Commission
By
Assam Power Generation Corporation Limited
Bijulee Bhawan, Paltanbazar
Guwahati-781 001
April’15
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
BEFORE THE ASSAM STATE ELECTRICITY REGULATORY
COMMISSION, GUWAHATI.
Petition No. –
Case No.
(to be filed by the Office)
IN THE MATTER OF
Filing of Petition for Revised Revenue Requirement and Determination of Generation Tariff
for the Financial Year 2015-16, Annual Performance Review for FY 2014-15, and Truing-Up
for FY 2013-14
AND
Petition for Determination of Tariff
For the year 2015-2016
AND
IN THE MATTER OF
Assam Power Generation Corporation Limited
Bijulee Bhawan, Paltanbazar,
Guwahati-781 001.
Petitioner
I,______________________________________ son of Shri _________________________
aged _______ years residing at _________________________ do solemnly affirm and say
as follows:
I am the ___________________________ of Assam Power Generation Corporation Limited,
the petitioner in the above matter and am duly authorized by the said Petitioner to make this
affidavit for and on behalf of the Assam Power Generation Corporation Limited.
The Statement made in the Petition based on information received from official records and I
believe them to reflect truly and no material has been concealed from the statements so
made or documents or supporting data etc. attached.
Solemnly affirm at Guwahati on ___________th day of __________ 2014 that the contents of
this affidavit are true to my knowledge, no part of it is false or no material has been
concealed therefore and misleading material included therein.
Deponent
Place: Guwahati
Date _________
By order of the Commission
Secretary of the Commission
Assam Power Generation Corporation Limited
Page 1 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
TABLE OF CONTENTS
1. Legal and Regulatory Framework .........................................................................................09
2. Review of performance in FY 13-14 & FY 14-15 (Actual/Estimate) ....................................10
2.1. Status of APGCL Power station ...........................................................................................10
2.2. Investments (FY 14-15)........................................................................................................14
2.3. Highlights of the individual’s details of each expense for FY 13-14 & FY 14-15..........................16
2.3.1 Assumptions for 14-15………………………………………………………………………….16
2.3.2 Employees Expenses ..............................................................................................................................17
2.3.3 Repair & Maintenance..........................................................................................................................17
2.3.4 Administration and General Expenses ................................................................................................18
2.3.5 Income from Other Sources .................................................................................................................18
2.3.6 Depreciation ..........................................................................................................................................19
2.3.7 Repayment of Loan (Principal)............................................................................................................19
2.3.8 Interest & financing charges.................................................................................................................19
2.3.9 Interest on Working Capital .................................................................................................................20
2.3.10 Return on Equity………………………………………………………………………………20
2.3.11 Profit & Loss account ..........................................................................................................................20
2.3.12 Balance Sheet........................................................................................................................................21
3.
Annual Revised Revenue Requirement (ARR) and Tariff Proposal for FY 15-16 ..............22
3.1. Multi- year framework .......................................................................................................22
3.2. Assumptions .......................................................................................................................22
3.3. Projected Operating Performance Data for FY 15-16 ........................................................37
3.4. Projected Financial Performance Data for FY 15-16 .........................................................40
3.4.1 Employees Expenses ..........................................................................................................40
3.4.2 Repairs & Maintenance ......................................................................................................41
3.4.3 Administration and General Expenses ...............................................................................53
3.4.4 Return on Equity.................................................................................................................53
3.4.5 Income from Other Sources................................................................................................53
3.4.6 Depreciation........................................................................................................................54
3.4.7 Interest & financing charges...............................................................................................54
3.4.8 Interest on Working Capital ...............................................................................................54
3.4.9 Repayment of Loan (Principal) ................................................................................................55
3.4.10 Fuel Cost .................................................................................................................................55
4. Profit & Loss Account for FY 15-16 ....................................................................................55
5. Balance Sheet.............................................................................................................................56
6. Proposed ARR and Tariff Proposal for FY 15-16 ....................................................................57
7. Directives of AERC...................................................................................................................58
8. Investment Plan during FY 15-16 …........................................................................................64
9. Statements of proposed Monthly Generation, Fuel Prices & Cost of Fuel for FY 2015-16 .78
10. Abstract of Technical Data for FY 2015-16 .............................................................................84
11. Various data as per Specified formats of Hon’ble Commission ..............................................86
12. Station wise information for claiming ARR and tariff for APGCL for FY 2015-16……..148
13. Appeal for Truing-up for FY 2013-14…............................................................................170
14. Petition for Annual Performance Review of 2014-15……………………………………...179
15. Statements of proposed Monthly Generation, Deviations comparing with Target of 2014-15
and Actual / Projected Cost of Fuel for FY 2014-15……………………………………...205
16. Annual Statement of Accounts: 13-14..................................................................................209
17. Annexure A, B, C, D, E, F, & G
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
List of Tables
Table 1 (A): Generation Target & Achievements of 2013-14 ...................................................................10
Table 1 (B): Generation Target & Achievements of 2014-15 (Actual/Estimate) .....................................11
Table 2: Comparison of Operating Performance of NTPS between FY 12-13, 13-14 and 15-16. .............12
Table 3: Comparison of Operating Performance of LTPS between FY 12-13, 13-14 and 14-15...............12
Table 4: Comparison of Operating Performance of KLHEP between FY 12-13, 13-14 and 14-15....................12
Table 5: Comparison of Operating Performance of MSHEP between FY 12-13, 13-14 and 14-15. ..................12
Table 6 (A): Investment of FY 14-15.........................................................................................................14
Table 6 (B): Breakup of Renovation & Modernisation Scheme……………………………………………......15
Table 7: Assumptions for FY 2014-15…………………………………………………………………...16
Table 8: Employees Expenses of FY 13-14& 14-15...................................................................................17
Table 9: Repairs & Maintenance of FY 13-14 & 14-15 ............................................................................. 17
Table 10: Administration and General Expenses of FY 13-14 & 14-15 ....................................................18
Table 11: Income from Other Sources of FY 13-14 & 14-15 ....................................................................18
Table 12: Depreciation of FY 13-14 & 14-15............................................................................................19
Table 13: Repayment of Loan (Principal) of FY 13-14 & 14-15 ...............................................................19
Table 14: Interest and Financing Charges of FY 13-14 & 14-15 ................................................................19
Table 15: Interest on Working Capital of FY 13-14 & 14-15 .....................................................................20
Table 16: ROE for FY 13-14 & 14-15………………………………………………………………..……….20
Table 17: Profit & Loss account of FY 13-14 & 14-15 ...............................................................................20
Table 18: Balance Sheet of FY 13-14 & 14-15 ...........................................................................................21
Table 19: Assumptions for FY 2015-16 various heads I............................................................................34
Table 20: Assumptions for FY 2015-16 various heads II ..........................................................................35
Table 21: Generation Projection for FY 2015-16.......................................................................................38
Table 22: Employees Expenses for FY 2015-16 ........................................................................................40
Table 23: Repairs & Maintenance for FY 2015-16....................................................................................41
Table 24: Administration and General Expenses for FY 2015-16..............................................................53
Table 25: Return on Equity for FY 2015-16 ..............................................................................................53
Table 26: Income from Other Sources for FY 2015-16 .............................................................................53
Table 27: Depreciation for FY 2015-16..................................................................................................... 54
Table 28: Interest & Financing charges for FY 2015-16............................................................................54
Table 29: Interest on Working Capital for FY 2015-16...............................................................................54
Table 30: Repayment of Loan (Principal) for FY 2015-16..........................................................................55
Table 31: Fuel Cost for FY 2015-16...........................................................................................................55
Table 32: Profit & Loss Account for FY 2015-16 ......................................................................................55
Table 33: Balance Sheet for FY 2015-16....................................................................................................56
Table 34: Proposed ARR and Tariff Proposal for FY 2015-16…………………………………………....57
Table 35: Investment 13-14........................................................................................................................180
Table 36: Employees Expenses 12-14 ........................................................................................................181
Table 37 Repairs & Maintenance for 12-14………………………………………………………………… 181
Table38: Administration and General Expenses for FY 2012-14...............................................................182
Table 39: Income from Other Sources for FY 2012-14 .............................................................................182
Table 40: Depreciation for FY 12-14.........................................................................................................182
Table 41: Repayment of Loan (Principal) for FY 2012-14..........................................................................185
Table 42: Interest & Finance Charges for FY 12-14 ...................................................................................185
Table 43: Interest on Working Capital for FY 2012-14 ..............................................................................185
Table 44: Profit & Loss account of FY 12-14 .............................................................................................185
Table 45: Balance Sheet of FY 12-14 .........................................................................................................187
Assam Power Generation Corporation Limited
Page 3 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
List of Tables
Table 46: Assumptions for FY 2014-15 various heads I.............................................................................188
Table 47: Assumptions for FY 2014-15 various heads II ...........................................................................189
Table 48: Actual Projected Operating Performance for FY 2014-15 ..........................................................190
Table 49: Employees Expenses for FY 2014-15 .........................................................................................192
Table 50: Repairs & Maintenance for FY 2014-15.....................................................................................192
Table 51: Administration and General Expenses for FY 2014-15...............................................................198
Table 52: Return on Equity for FY 2014-15 ...............................................................................................198
Table 53: Income from Other Sources for FY 2014-15 ..............................................................................201
Table 54: Depreciation for FY 2014-15..................................................................................................... .201
Table 55: Interest & Financing charges for FY 2014-15.............................................................................201
Table 56: Interest on Working Capital for FY 2014-15................................................................................202
Table 57: Repayment of Loan (Principal) for FY 2014-15...........................................................................202
Table 58: Fuel Cost for FY 2014-15............................................................................................................202
Table 59: Profit & Loss Account for FY 2014-15 .......................................................................................202
Table 60: Balance Sheet for FY 2014-15.....................................................................................................203
Table 61: Revised ARR for FY 2014-15………………………………………………………………204
Assam Power Generation Corporation Limited
Page 4 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
List of Annexure
Annexure I: Statements of proposed Monthly Generation, Fuel Prices & Cost of Fuel for
FY 2015-16...................................................................................................................................78
Annexure II: Abstract of Technical Data for FY 2015-16 .......................................................84
Annexure III: Status of Hon'ble Commission's Formats.........................................................86
Annexure IV: Systematic Station wise Information for claiming ARR and Tariff ...............148
Annexure V: Statements of proposed Monthly Generation, Fuel Prices & Cost of Fuel
for FY 2014-15.............................................................................................................................205
Annexure VI: Annual Statement of Accounts for FY 13-14....................................................209
Annexure A: Abstract of Quarterly Trial Balance…………………………………........A1-A12
Annexure B: Sanction letters of Loans from GOA received up to FY 13-14…………..B1-B35
Annexure C: Interest rate considered for State Govt. Loan……………………………...C1-C2
Annexure D: Loan drawl from PFCL during FY 13-14………………………………......D1-D3
Annexure E: Interest and repayments made to PFCL during FY 13-14…………….....E1-E44
Annexure F: TDS certificates on investments……………………………………………….....F1-F21
Annexure G: Sanction Letters of Grant received by APGCL…………………………..E1-E29
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Glossary
Acronym
A&G
ABT
ADB
AEGCL
AERC
APDRP
APGCL
APDCL
ARR
ASEB
CGM
CT/PT
EE
FAS
FY
GoA
GoI
KV
KVA
KW
KWH
LRPP
LTPS
MIS
MMSCMD
MOU
MU
NERLDC
NRPP
NTPS
O/H
PGCIL
Ph
PLF
R&M
Rs
SEBs
ST
T&D
T.C.
KLHEP
Full form
Administrative and General
Availability Based Tariff
Asian Development Bank
Assam Electricity Grid Corporation Limited
Assam Electricity Regulatory Commission
Accelerated Power Development and Reforms Program
Assam Power Generation Corporation Limited
Assam Power Distribution Company Limited
Annual Revenue Requirement
Assam State Electricity Board
Chief General Manager
Current Transformer/Potential Transformer
Executive Engineer
Fuel Adjustment Surcharge
Financial Year
Government of Assam
Government of India
Kilo Volt
Kilo Volt Ampere
Kilo Watt
Kilo Watt Hour
Lakwa Replacement Power Project
Lakwa Thermal Power Station
Management Information Systems
Million Metric Standard Cubic Meter per day
Memorandum of Understanding
Million Unit
North East Region Load Despatch Centre
Namrup Replacement Power Project
Namrup Thermal Power Station
Over Heads
Power Grid Corporation of India Limited
Phase
Plant Load Factor
Repairs and Maintenance
Rupees
State Electricity Boards
Scheduled Tribe
Transmission and Distribution
Transportation Cost
Karbi Langpi Hydro Electric Project
Assam Power Generation Corporation Limited
Page 6 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
BEFORE THE HON'BLE ASSAM ELECTRICITY REGULATORY COMMISSION
FILINGNO.........................
CASENO ...........................
IN THE MATTER OF:
Petition for Revised Revenue Requirement and Determination of
Generation Tariff for the for the period 1st April 2015 to 31st March
2016 for the Assam Power Generation Corporation Limited
(APGCL) and Truing-Up for FY 2013-14 and Annual Performance
Review for FY 2014-15
AND IN THE MATTER OF:
Assam Power Generation Corporation Limited incorporated under
the provisions of the Companies Act, 1956 and having its
registered office in the State of Assam
THE HUMBLE APPLICANT ABOVE NAMED MOST RESPECTFULLY SHEWETH:
1 That the Assam Power Generation Corporation Limited, hereinafter named as APGCL, is a
successor corporate entity, formed in pursuant to the notification of the Government of Assam,
notified under sub-sections (1), (2), (5), (6) and (7) of Section 131 and Section 133 of the
Electricity Act 2003(Central Act 36 of 2003), for the purpose of transfer and vesting of
functions, properties, interests, rights, obligations and liabilities, along with the transfer of
Personnel of the Board to the successor corporate entities.
2 That the Assam Power Generation Corporation Limited is a company incorporated with the
main object of generation of electricity in the state of Assam.
3 That the Assam Power Generation Corporation Limited is a generating company under the
provisions laid down in Section 14 Proviso 5, read with Section 131 (2) of the Electricity Act
2003.
4
That the licensee is now filing the Petition for Revised Revenue Requirement and Determination of
Generation Tariff for the for FY 2015-16 for the Assam Power Generation Corporation Limited
(APGCL)and Truing-Up for FY 2013-14 and Annual Performance Review for FY 2014-15.
(PETITIONER)
Assam Power Generation Corporation Limited
Page 7 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
NOTES:
In this petition:
Previous Year is defined as the Financial Year (FY) 2013-2014
Current Year is defined as the Financial Year (FY) 2014-2015
Ensuing Year is defined as the Financial Years (FY) 2015-2016
Assam Power Generation Corporation Limited
Page 8 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1. Legal and Regulatory Framework
1.1 Under the provisions of Electricity Act 2003 (hereinafter referred to as "Electricity Act") the Assam
Electricity Reforms First Transfer Scheme, 2004 (hereinafter referred to as "Transfer Scheme") was
notified by Government of Assam on 10th December 2004. Under Section 5
(2) of the transfer scheme the functions and undertakings as set out in Schedule-A of the
transfer scheme stands transferred to Assam Power Generation Corporation Limited
(APGCL). The final transfer scheme was notified by Govt. of Assam vide notification No:
PEL/151/2003/Pt.349 Dtd. 16th Aug’ 2005 w.e.f 1st April’05.
1.2 Section 131 (2) of the Electricity Act provides "...Any property, interest in property, rights and
liabilities vested in the State Government under sub-section (1) shall be re-vested by the State
Government in a Government company or in a company or companies, in accordance with the transfer
scheme so published along with such other property, interest in property, rights and liabilities of the
State Government as may be stipulated in such scheme, on such terms and conditions as may be
agreed between the State Government and such company or companies being State Transmission
Utility or generating company or transmission licensee or distribution licensee,... ".
1.3 Section 62 of the Electricity Act 2003 requires the generating company to furnish details as may
be specified by the Commission for determination of tariff.
1.4 Section 5, 6 & 7 of A. E. R. C. (Terms and conditions for determination of Tariff) Regulations
2006 lays down the following:
Periodicity of tariff determination (Sec.-5)
1.4.1(Sec.5.2) Subject to other provisions of these Regulations, the expenses allowed to be recouped for
any financial year, shall be subject to adjustments in any tariff to be fixed for the subsequent period, if
the Commission is satisfied, that such adjustments for the excess amount or shortfall in the amount
actually realized or expenses incurred is necessary and the same is not on account of any reason
attributable to the licensee
1.4.2(Sec.5.3) In accordance with the principle of multi-year tariffs (MYT), the Commission approved
three years control period i.e. 2010-11 to 2012-13and accordingly APGCL filed MYT petition for
the said control period to AERC on 08/02/2010.Against Tariff Petitions of APGCL, AERC issued
Tariff order for FY 2010-11 and approved ARR for FY 2010-11, FY 2011-12 & FY 2012-13 on
16thMay’2011. Latter APGCL filed Annual Performance Review of APGCL for FY 2011-12&
Truing-up for FY 2009-10, FY 2010-11 on 4th June’12 and Revised Annual Revenue Requirement
for FY 2012-13 and determination of Generation Tariff for FY 2012-13 on dated 26 th
Sept’12.Further, APGCL filed MYT petition for the control period of FY 2013-14 to 2015-16 on
31.01.13.The Tariff for FY 2013-14 has been declared by AERC on 21.11.13 with effectuation
date from 1st Dec’13. Thereafter, APGCL submitted petition for Revised ARR and tariff proposal
for FY 2014-15 and True-up for FY 2012- to AERC 26/02/14. AERC declared tariff for FY 201415 on 21.11.14 with effectuation date from 1st Dec’14.
Petition for determination of MYT (Sec.-6)
1.4.3(Sec.-6.1) The licensee and generating company may file a tariff petition annually with the
Commission to determine changes to the current tariff by not later than 1stDecember unless an
extension is granted by the Commission upon application.
Petition for determination of tariff (Sec.-7)
1.4.4(Sec.-7.2) The licensee and generating company shall also submit financial information for the
previous year and forecasts for current year, ensuing year and the years up to the end of the
control period.
1.5 The petitioner has now prepared the revised ARR and Tariff proposal for FY 2015-16 and Truingup for FY 13-14 and Annual Performance Review for FY 2014-15 for the area of operation of
APGCL and to submit the same to AERC on or before 20th December’2014, as extended by
AERC on our appeal.
1.6 The status of the various data formats and forms, as required by the Hon'ble Commission, are
furnished in Annexure III at Page No. 86
1.7 The Annual Accounts of APGCL for the year 2013-14 is enclosed in Annex. –VI at Page No.
207
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
2. Review of performance in FY 13-14 & 14-15
2.1 Status of APGCL Power station:
APGCL’s 3 (three) operating power plants namely 119.5 MW (De-rated) Namrup Thermal Power
Station (NTPS), 157.2 MW Lakwa Thermal Power Station (LTPS), and 100 MW Karbi Langpi
Hydro-electric Power Station (KLHEP). 60 MW Chandrapur Thermal Power Station (CTPS) was
closed since June’1999 due to exorbitant cost of generation for steep hikes of fuel oil. However the
plant is being revived by using coal as an alternative fuel in JV on Public-Private- Partnership (PPP)
mode on B-O-T basis.
FY 2013-14:
In the FY 2013-14, APGCL achieved gross generation of 1845.23MU as shown in Table 1(A).
Table 1(A)
Power Station
Gross generation in MU
Target
Actual
523.41
526.57
855.30
896.15
390.00
422.51
17.69
0.00
1786.40
1845.23
NTPS
LTPS + WHRU
KLHEP
Myntriang St-II
Total
% of achievements
101%
105%
108%
0%
103%
NTPS:
In the FY 2013-14 NTPS was able to achieve the normative PLF of 50% and it also surpassed it
Target Gross generation. Hence, its performance was satisfactory. Unit #2 of NTPS was under forced
shutdown since 03/07/13 due to high vibration problem. The unit was overhauled and put into
operation on 31/10/13.
LTPS:
Unit #1 of LTPS was under planned shutdown from 14/04/13 for Major Overhauling. This was
originally scheduled in 2012-13. However, due to deferment of the earlier scheduled shutdown, the
Major Overhauling of Unit #1 was postponed to 2013-14. The original scheduled shutdown was for
25 days, but due to severe damage in internal parts, the overhauling work lasted for more than 4
months and the unit was ultimately put into operation from 10/09/13. Even though the performance of
LTPS suffered a little bit due to this during this period, however, later the availability of LTPS
improved to 76%. As a result LTPS was able to surpass the target in Gross Generation.
KLHEP:
The generation from 100 MW KLHEP crossed the design generation i.e. 390 MU in the month of
Jan’14. This was possible due to sufficient availability of water and because of keeping the generating
units in smooth running condition by doing timely repair & maintenance works. Total generation of
KLHEP in the FY 2013-14 was 422.51 MU
Myntriang St-II:
Earlier Myntriang St-II SHEP project was expected to be completed in June’13. However due to delay
in project work, the project started commercial operation from 08-08-14 only. Thus, there was no
generation from Myntriang St-II SHEP in 2013-14.
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FY 2014-15:
In the FY 2014-15, the actual and anticipated gross generation of APGCL is as shown in Table 1(B).
Table 1(B)
Power
Station
NTPS
LTPS +
WHRU
KLHEP
Myntriang
SHEP St-II
Total
Gross generation in MU
% of achievement
Target
Actual
523.09
842.47
591.66
935.30
113%
111%
390.00
11.38
366.98
0.71
94%
6%
1766.94
1894.66
107%
NTPS:
Due to continuous efforts taken by APGCL, performance of NTPS has improved significantly
compared to previous years, which can be observed in its average higher PLF of 57% and availability
factor of 62.6% respectively during 2014-15. Due to such improved performance, NTPS surpassed
Target generation for the FY 2014-15.
LTPS:
From April to the end of November 2014, performance of LTPS was satisfactory. During the period
from April to November 2014 LTPS has achieved average PLF of 68% and availability of 78.4%.
Due to such satisfactory performance, even though LTPS is constantly facing shortage of gas supply,
it LTPS surpassed Target generation for the FY 2014-15.
KLHEP:
Due to shortfall in rain during the monsoon period of 2014-15, generation of KLHEP has suffered
significantly. Generation of KLHEP in the FY 2014-15 was only 366.98 MU against approved
generation of 390 MU.
Myntriang SHEP St-II:
Commercial Operation Date of Myntriang SHEP St-II was declared on 08-08-14. But the project was
damaged heavily in the devastating flood of 22-08-14. The machines were put into trial run on 20-1014, however they were not stable. Both the units of Myntriang SHEP are not in operation at the
moment.
2.1.1. Plant wise Performance Data:
The following tables indicate the plant wise operating performance parameters of APGCL for
FY 2012-13, FY 2013-14 and FY 14-15 (Actual/ Estimate) which reflects an improvement of
plants performance of APGCL.
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Table 2
NTPS
Gross Energy in MU
Aux. Power Cons. (%)
Availability (%)
PLF (%)
Gross Station Heat Rate on GCV (Kcal/ Kwh)
Sp. Gas Consumption (SCM/Kwh)
FY 12-13
533.168
5.6%
54%
51%
4093
0.4458
FY 13-14
526.57
6.0%
61.7%
50%
3976
0.4290
FY 14-15
591.66
5.8%
62.6%
57%
4045
0.4254
Table 3
LTPS + WHRU
Gross Energy in MU
Aux. Power Cons. (%)
Availability (%)
PLF (%)
Gross Station Heat Rate on GCV (Kcal/ Kwh)
Sp. Gas Consumption (SCM/Kwh)
FY 12-13
888.08
11.5%
73%
64%
3066
0.3219
FY 13-14
896.15
8.8%
86.1%
65%
3164
0.3303
FY 14-15
935.30
8.6%
78.4%
68%
3058
0.3088
Table 4
KLHEP
Gross Energy in MU
Aux. Power Cons. (%)
Capacity Index (%)
PLF (%)
FY 12-13
344.02
0.5%
93%
39%
FY 13-14
422.51
0.5%
91.5%
48%
FY 14-15
366.98
0.5%
92.6%
42%
Table 5
Myntriang St-II
Gross Energy in MU
Aux. Power Cons. (%)
Availability (%)
PLF (%)
FY 12-13
N/A
N/A
N/A
N/A
FY 13-14
N/A
N/A
N/A
N/A
FY 14-15
0.71
1.7%
4.3%
4.2%
2.1.2. Brief Status of APGCL’s Running Power Stations
Namrup Thermal Power Stations: (119.5 MW)
At present Namrup Thermal Power Station is generating an average of 75-90 MW depending
on availability of gas. The details of units are as under:





Unit-1 (20 MW, GT): Unit is presently running at an average load of 19 MW. The unit is
overdue for major overhauling and is scheduled to be overhauled in June’15-July’15 for 60
days. This was earlier scheduled in 2014-15.
Unit-2 (21 MW, GT): Unit is presently running at an average load of 20 MW
Unit-3 (21 MW, GT): Unit is presently running at an average load of 18 MW. The unit is
overdue for major overhauling and is scheduled to be overhauled in Nov’15-Dec’15 for 60
days.
Unit-4 (11 MW, GT): Unit presently runs at an average load of 9 MW. The unit was under
shut down wef 09/09/14 for lube oil cooler fan damage and the unit was subsequently put
under scheduled major overhauling. The unit resumed operation from 02/04/2015 after
overhauling.
Steam Turbine Unit 5 (24 MW): The unit is presently running with an average load of 12
Assam Power Generation Corporation Limited
Page 12 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15

MW due to technical constrain.
Waste Heat Unit 6 (22.5 MW): Unit is presently running with an average load of 12
MW
due to technical constraint. The unit is overdue for major overhauling and is
scheduled to be overhauled in Aug’15-Sep’15 for 60 days. This was earlier scheduled in
2014-15.
Lakwa Thermal Power Stations: (157.2 MW):
Lakwa Thermal Power Station is generating a daily average of 100 – 125 MW depending on
availability of gas. The details of the units are as under.
 Unit-1 (15 MW, GT): The unit is presently running at full load capacity.
 Unit-2 (15 MW, GT): The unit is presently running at full load capacity. The unit is
overdue for major overhauling and is scheduled to be overhauled in Apr’15-May’15 for 50
days. This was earlier scheduled in 2014-15.
 Unit-3 (15 MW, GT): The unit is presently running at full load capacity. The unit is
overdue for major overhauling and is scheduled to be overhauled in Jul’15-Aug’15 for 50
days.
 Unit-4 (15 MW, GT): The unit is presently running at full load capacity
 Unit-5 (20 MW, GT): The unit is presently running at full load capacity
 Unit-6 (20 MW, GT): The unit is presently running at full load capacity. The unit is
overdue for major overhauling and is scheduled to be overhauled in Jun’15 for 25 days.
 Unit-7 (20 MW, GT): The unit is presently running at full load capacity. The unit was
under shutdown for Major Inspection from 08-11-14 to 02-12-14.
 Unit-8 (37.2 MW WHRU): The unit is presently running with an average load of 30 to 32
MW.
Karbi Langpi Hydro Electric Project (100 MW):
 Unit-1 (50 MW): The unit is presently in a healthy condition and running at full capacity
depending on availability of water.
 Unit-2 (50 MW): The unit is presently in a healthy condition and running at full capacity
depending on availability of water.
Myntriang Small Hydro Electric Project St-II (3 MW):
Unit 1 (1.5 MW) & Unit 2 (1.5 MW): The plant got affected by heavy flood on 22-08-14. All
the equipments needed servicing. At present both the units are under forced shutdown.
Assam Power Generation Corporation Limited
Page 13 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
2.2
Investments
Table 6 (A)
Revised Investment Proposal for the FY 2014-15
Rs. in Crore
Sl.
No.
Name of the Project
Approved
in the
Tariff
Order of
2014-15
Revised investment Proposal for 2014-15
Govt
(Equity)
GOA
(Loan)
Grant
(Govt)
FI
(Loan)
Remarks
Total
Thermal Wing
1
R&M of Namrup
TPS
6.85
8.67
8.67
R&M of Lakwa TPS
23.20
20.19
20.19
R&M of Lakwa TPS
(Major Overhauling
of Unit#2)
12.50
2
3
R&M of KLHEP
4
100 MW Namrup
RPP
5
6
7
5.82
0.00
1.56
1.56
165.00
70 MW Lakwa
Replacement Power
Project
660 MW Margherita
Thermal Power
Project
Hydro Wing
9 MW Myntriang
SHEP
0.00
1.00
0.60
0.60
0.00
2.00
2.00
0.00
8
6 MW Lungnit
SHEP
22.00
9
120 MW Lower
Kopilii HEP
0.00
7.00
7.00
0.00
7.00
Assam Power Generation Corporation Limited
7.00
Additional work of (i) Rs. 1.80
Cr due to procurement of 25
nos. of important mechanical,
electrical & instrumentation
spares required at NTPS for
smooth
and
trouble
free
operations of the old GT units
and its auxiliaries, (ii) Rs. 0.02
Cr due to revised estimate of
Anti Erosion Measures at
Dillighat intake from earlier Rs.
0.30 Cr to 0.32 Cr
Amount reduced as the R&M
proposal for 2014-15 by APGCL
was curtailed by GOA and work
is now going to be executed on
priority basis.
Details of Overhauling Cost of
Unit #2 of LTPS is given at
Page No. 193
Amount reduced as the work of
procurement of 11/232/√3 kV,
21 MVA single phase generator
transformer has been deferred
due to fund constraint.
Amount is reduced due to delay
in resuming of Project work
As per approved amount in the
Annual Plan for construction of
boundary wall at site
As per approved amount in the
Annual Plan for construction of
boundary wall at site
Land Compensation
Due to litigations, bid finalization
process is at present under
suspension
Earlier Rs. 15/- Cr was included
in the Annual Plan Proposal for
FY 2014-15 as govt. loan for
part
payment
of
land
compensation. However, later it
was decided to include the
whole
amount
of
land
Compensation in the Govt.
Page 14 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Equity to be given by AIFA in
the meeting held on 05/08/14
with GOA. The proposed
amount in Annual plan has thus
been reduced to Rs. 7/- Cr.
under Govt. loan for project
development activities
10
Boundary Wall at
Jagiroad for KLHEP
Store
Total Proposed
Investment
0.33
236.70
0.36
0.36
0.00
40.38
7.00
0.00
Earlier estimate was as per the
2011-12 APWD price schedule.
Estimate has been revised as
per the 2013-14 APWD price
schedule
47.38
Breakup of R&M Scheme is given in the table below:
Table 6 (B)
Sl No.
Name of Schemes and Approved Outlay
(A) R&M Works under Namrup Thermal Power Station (NTPS)
1.
Procurement of 250 V,425 AH lead acid battery bank with suitable
battery charger at NTPS
2.
Procurement of Flexible gear coupling of GT-1, 3 of NTPS
3.
4.
5.
Total
(Rs. In Cr)
0.60
0.50
Procurement of Air Clutch Drum of GT-1,2,3 of NTPS
Procurement of 66kV SF-6 Breaker for NTPS Switch yard
0.15
0.30
Procurement of Mechanical, Electrical & Instrumentation spares for
generating unit and auxiliaries & execution of important works at
NTPS
Anti Erosion measure at Dillighat intake of NTPS
1.80
6.
Boundary wall around the NTPS campus
7.
(B) R&M works under Lakwa Thermal Power Station (LTPS)
8.
Procurement of spares for Gas Compressor & air compressor of PhII at LTPS
9.
Spares for major overhauling of GT #6 of LTPS Including work
component
10.
Work expenditure for major overhauling of GT #6 of LTPS
11.
Diesel generator set with Control panel/breaker and shed for Water
Intake pump house of WHRP
New departmental quarters for officers of LTPS
i. 1 no. Type-II multi strayed building with 2 blocks
12.
ii. 1 no. Type-III multi storied building with 4 blocks
13
Spares for WHRP including balance of plant(BOP) for LTPS
14
Spares of electrical and instrumentation parts of Ph-II power house
of LTPS
(C) R&M Works under Karbi Langpi Hydel Power Project
15
Supply of Spares/Accessories for revival & up-gradation of
instrumentation installed in Dam of KLHEP with installation charges
16
Procurement of Storage System for renovation of Electrical Stores at
KLHEP
17
Communication Tower installation near surge shaft for online
communication of data and information
2.3
Budget
Proposal
(Rs in Lakh)
8.67
0.32
5.00
0.60
15.00
0.70
0.55
20.19
0.00
0.75
0.90
1.08
0.61
0.36
0.54
1.56
0.66
The following tables highlight the individual’s details of each expense for 13Assam Power Generation Corporation Limited
Page 15 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
14&14-15 (Actual/Estimate).
2.3.1
Assumptions for FY 2014-15
Table 7
2014-15
14.75%
ST PLR R & M Expenses
Employee Expenses
A & G Expenses
ROE
escalation rates
Other Income
Provision for Taxes
Provision for Bad and Doubtful Debts
% of revenue
Current Assets - per Actual
O&M Expenses
Maintenance spares
Receivable against sale of power
Current Assets - per AERC
O&M Expenses & fuel
Maintenance spares
Receivable against sale of power
Power purchase Payable
Depreciation rate applicable for
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Roads on land Belonging to others
Capital spares at generating stations
Cap of Asset Value
15.00%
8.42%
8.42%
14.00%
@ 10%
escalation
at
approved
by Hon'ble
AERC
0.00
On annual Expenditure
1% of Gross
Block
On the total revenue
demand
On annual Expenditure
1% of Gross
Block
On the total revenue
demand
Thermal
0.00
1.80%
2.57%
1.80%
6.00%
2.57%
18.00%
6.00%
6.00%
1.80%
4.75%
90.00%
Hydel
0.00
1.80%
2.57%
1.80%
2.57%
2.57%
18.00%
6.00%
6.00%
1.80%
4.75%
90.00%
Loan Rates - New Loan
Institution
11.40%
Existing Loans
Rates of interest
State Govt
10.50%
Assam Power Generation Corporation Limited
Page 16 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
@
different
agreement
rates
11.40%
PFC
Other
Loan Repayment
Govt Loan
PFC
Others
11.07
22.97
0.00
Thermal
O & M for new stations on commercial
startup year subsequently @ inflation
Interest rate for investment income
Hydel
5.72%
O & M for new stations on commercial
startup year subsequently @ inflation
Interest rate for investment income
2.3.2
5.72%
Employees Expenses
Table 8
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
2013-14
33.81
1.44
27.12
6.93
0.03
0.18
0.05
0.27
0.00
0.01
0.13
12.04
2014-15
36.65
1.66
29.85
5.61
0.03
0.09
0.05
0.29
0.00
0.01
0.14
12.16
82.00
0.00
82.00
86.54
0.00
86.54
Note:
1. Employee expenses for FY 14-15 are in actual up to 2nd quarter before any Head quarter
adjustment. Regarding 3rd & 4th quarter of FY 14-15 expenses are assumed to be proportionate
to the expenses of 1st & 2nd quarter.
2. Escalation taken @ 8.42 % for Employees cost, as the escalation rate was approved by AERC
in Tariff order 14-15
2.3.3
Repairs & Maintenance
Table 9
Particulars
2013-14
2014-15
A. Special Type Repair & Maintenance:-
Assam Power Generation Corporation Limited
Page 17 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Overhauling Works of Unit # 2 of LTPS under
plant & Machinery
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
0.00
6.44
20.60
1.81
0.87
0.89
0.03
0.06
0.26
0.08
1.23
0.20
26.03
14.74
0.27
0.31
1.10
0.09
0.26
0.14
0.20
1.41
0.23
25.19
Regular R&M cost for FY 14-15 is taken at par to that approved in Tariff order FY 14-15and in
addition Lubricants & Consumable Stores & Turbine oil are also considered. Detailed justifications on
Special type Repair & Maintenance for Overhauling Works of Unit # 2 of LTPS under plant &
Machinery has been given in page No: 193 under APR for FY 2014-15
2.3.4
Administration and General Expenses
Table 10
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
Sub Total:
Less: Capitalised
Total:
Note:
2013-14
0.35
0.81
0.12
0.01
0.02
0.02
0.60
0.02
0.07
0.76
0.04
9.72
12.53
0.00
12.53
2014-15
0.35
0.88
0.05
0.00
0.01
0.00
0.65
0.01
0.01
0.63
0.02
6.79
9.41
0.00
9.41
1. A&G expenses for FY 14-15 are in actual up to 2nd quarter before any Head quarter adjustment.
Regarding 3rd & 4th quarter of FY 14-15 expenses are assumed to be proportionate to the expenses
of 1st & 2nd quarter.
2.3.5. Income from Other Sources
Table 11
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
2013-14
0.00
8.85
0.06
0.79
0.90
0.01
10.60
Assam Power Generation Corporation Limited
2014-15
0.00
8.85
0.06
0.79
0.90
0.01
10.60
Page 18 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Note: Other income incurred in FY 2013-14 is considered at par for FY 2014-15
2.3.6. Depreciation
Table 12
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & fixtures
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total
(Less) : Depreciation on 90% of the Assets funded by
Grants/subsidies
Net Total
2013-14
0.00
0.72
3.82
3.02
15.07
4.27
0.21
0.12
0.04
0.05
0.00
3.72
31.05
2014-15
0.00
0.72
4.06
3.12
20.49
4.48
0.99
0.14
-2.56
0.06
0.00
7.43
38.93
-5.39
25.66
-6.12
32.81
Depreciation has been calculated using the schedule as prescribed by the AERC. Analysis of the trial
balance under each function head has been carried out and the weighted average rate has been
calculated and used for calculation. Depreciation on assets commissioned in a year is charged at the
average balance for the year (since they could be commissioned at different date).
2.3.7 Repayment of Loan (Principal)
Table 13
Particulars
PFC Loan
State Govt Loan
Total
2013-14
22.97
0.00
22.97
2014-15
22.97
11.07
34.03
2013-14
50.67
0.05
50.72
-19.44
31.28
2014-15
52.41
0.05
52.46
-22.85
29.61
2.3.8. Interest & financing charges
Table 14:
Particulars
Interest on loans
Other finance charges
Sub total
Less: Interest capitalised
Total
Note: 1. Interest on loans & Other Finance Charges calculated for FY 13-14 @ 10.5% on loan
outstanding for Loan from Govt. of Assam, @ actual interest calculated by PFC for Loan from
PFCL. Interest on GPF is not claimed in true up 13-14 petition as the GPF trust not yet formed.
But the same is expected to complete in FY 15-16 and hence claimed thereafter
2. Interest on loans & Other Finance Charges calculated for FY 14-15 @ 10.5% on loan
outstanding for Loan from Govt. of Assam, @ actual interest rates charged by PFC for Loan up
Assam Power Generation Corporation Limited
Page 19 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
to Dec’14 from PFC and remaining on proportionate assumption. GPF trust is expected to
complete in FY 15-16 and hence interest on GPF is claimed from FY 15-16
2.3.9
Interest on Working Capital
Table 15:
Particulars
One month Fuel Cost
One month approved O&M Cost
Maintenance Spares
Two month Receivables
Total
Interest @ 14.75%
2013-14
2014-15
32.10
9.79
12.48
96.97
151.34
22.32
39.79
9.83
12.90
113.99
176.50
26.03
Note: Interest on working capital is computed @ an interest rate of 14.75%.APGCL has not considered the
O&M expenses of Rs. 3.10 Cr and 1% maintenance spares on GFA of Rs. 35.98 Cr in respect of
Chandrapur TPS for FY 2013-14 since the same is inoperative power station, in the computation of
interest on working capital. Similarly the same was also not considered for FY 2014-16
2.3.10 Return on Equity
Table 16
Particulars
Namrup TPS
Lakwa TPS
Lakwa WHRP
Karbi Langpi HEP
Myntriang SHEP
Namrup RPP
Total
Particulars
NTPS
Opening Equity
Closing Equity
Average equity
Rate
ROE
2.3.11
13-14
64.62
64.74
64.68
0.14
9.06
14-15
64.74
69.44
67.09
0.14
9.39
2013-14
9.06
10.07
9.93
9.54
0.00
0.00
38.59
2014-15
9.39
10.67
9.93
9.54
0.86
0.00
40.39
Note: ROE calculated as follows:
LTPS
KLHEP
LWHRP
NRPP
Myntriang
13-14
14-15 13-14 14-15 13-14 14-15 13-14 14-15 13-14 14-15
70.72
73.19 68.11 68.11 70.92 70.92
0.00
0.00
0.00 11.27
73.19
79.24 68.11 68.11 70.92 70.92
0.00
0.00 11.27 13.37
71.95
76.22 68.11 68.11 70.92 70.92
0.00
0.00
5.63 12.32
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
0.14
10.07
10.67
9.54
9.54
9.93
9.93
0.00
0.00
0.00
0.86
Total
13-14 14-15
274.37 288.22
288.22 301.08
281.30 294.65
0.14
0.14
38.59 40.39
Profit & Loss Account
Table 17:
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
O&M expenses of CTPS
2013-14
2014-15
1845.23
1732.85
6.09%
1894.66
1778.73
6.12%
547.00
0.00
618.38
0.00
385.15
26.03
82.00
477.45
25.19
86.54
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
Assam Power Generation Corporation Limited
Page 20 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts, int of W/Capital
etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
Add: Incentive for generation for FY 2013-14
Add: Incentive for Secondary Energy generation for
FY 2011-12
9.41
32.81
52.46
-22.85
26.03
0.00
0.00
-10.07
574.91
38.59
10.60
0.45
603.35
7.97
0.00
0.00
0.00
687.04
40.39
10.60
0.93
717.76
2.51
-66.83
Surplus(+) / Shortfall(-)
2.3.12
12.53
25.66
50.72
-19.44
22.32
-99.38
Balance Sheet
Table 18:
Particulars
Source of Fund
Share Capital
Reserve & Surplus
Loans from State Govt
Loans from others
Total
Contributions, grants & subsidies towards cost of
Capital Asset
Grand
Total
Application of Fund
Net Fixed Assets
(A) Gross Block
(B) Less : Accumulated Depreciation
(C) Net Fixed Assets
(D) Capital-works-in-progress
Total of (C) to (D)
Investements
Subsidy receivable from Govt
Net Current Assets
A.
Current Assets, Loans & Advances
i) Inventories
ii) Receivables against Sale of Power
iii) Cash & Bank Balance
2013-14
2014-15
455.86
36.33
135.78
405.49
455.86
43.60
172.46
405.49
1033.47
1077.42
380.38
407.54
1413.85
1484.95
1325.74
626.38
699.36
568.98
1268.34
0.00
1370.51
659.19
711.32
621.60
1332.92
0.00
68.25
3.44
154.09
81.90
4.13
184.91
Assam Power Generation Corporation Limited
Page 21 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
iv) Loans & Advances
v) Other current assets
Total of A
B.
Current Liabilities and provisions
i) Borrowing for Working Capital
ii) Payment due on Capital Libilities
iii) Other current liabilities
Total of B
Net Current Assets (A - B)
Profit/ Loss
Grand Total
57.40
76.23
359.41
68.88
91.48
431.30
386.91
386.91
-27.50
173.01
1413.85
406.26
406.26
25.04
127.00
1484.96
3.0
Revised Annual Revenue Requirement (ARR) for 2015-16
3.1
Multi- year framework
In accordance with the principle of multi-year tariffs (MYT), the Commission approved three years
control period i.e. 2010-11 to 2012-13 and accordingly APGCL filed MYT petition for the said
control period to AERC on 08/02/2010.Against Tariff Petitions of APGCL, AERC issued Tariff order
for FY 2010-11 and approved ARR for FY 2010-11, FY 2011-12 & FY 2012-13 on 16thMay’2011.
Latter APGCL filed Annual Performance Review of APGCL for FY 2011-12& Truing-up for FY
2009-10, FY 2010-11 on 4th June’12 and Revised Annual Revenue Requirement for FY 2012-13 and
determination of Generation Tariff for FY 2012-13 on dated 26th Sept’12.Further, APGCL filed MYT
petition for the control period of FY 2013-14 to 2015-16 on 31.01.13.The Tariff for FY 2013-14 has
been declared by AERC on 21.11.13 with effectuation date from 1st Dec’13. Thereafter, APGCL
submitted petition for Revised ARR and tariff proposal for FY 2014-15 and True-up for FY 2012- to
AERC 26/02/14. AERC declared tariff for FY 2014-15 on 21.11.14 with effectuation date from 1 st
Dec’14.
APGCL is now to submit revised ARR and Tariff petition for FY 2015-16 and APR for FY 2014-15
by considering the detailed assumptions on technical and financial data as mentioned below for
Generation functions.
3.2
Assumptions
Based on the current position of machine and gas availability of the existing Thermal Plants from
various gas sources, M/c age factor, gas pricing, inflation trend etc., the fuel charges and fixed
charges for LTPS & NTPS are projected and listed below.
The CERC norm could not be followed in case of ageing NTPS, LTPS for indifferent mode of
operation & frame sizes of the power stations. For KLHEP also CERC norms was found to be not
applicable as the power project was commissioned after an inordinate delay of 25 years for which
its project cost was not at par comparing with the norms of a Hydro Project’s having normal
gestation period & commissioned in 2007.
For NRPP, O&M cost have been considered as per DPR of the Power Projects.
For all other APGCL Power Stations, Employees Cost and A&G Cost has been projected as per
approved escalation rate of AERC in the Tariff Order of 2014-15. For Repair & Maintenance work
15% escalation rate has been considered.
Note on Projected Auxiliary Power Consumption (APC) and Station Heat Rate (SHR)
considered in the FY 2015-16
(a) Auxiliary Power Consumption (APC):
Assam Power Generation Corporation Limited
Page 22 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Years
FY 12-13
FY 13-14
FY 2014-15
(Actual)
Average
Projected for
FY 2015-16
Namrup TPS
Aux. Power Cons. (%)
Normative Aux. Power Cons.
(%)
5.6%
4.5%
6.0%
4.5%
5.8%
4.5%
5.8%
4.5%
5.5%
4.5%
Lakwa TPS with WHP
Aux. Power Cons. (%)
Normative Aux. Power Cons.
(%)
11.5%
5.5%
8.8%
5.5%
8.6%
5.5%
9.7%
5.5%
7.5%
5.5%
From the above table, it may be observed that the average actual Auxiliary Power Consumption (APC)
for the last 3 years of both LTPS/NTPS found to be in higher side than the normative targets fixed by
AERC.
However, APGCL is constantly trying for reduction of APC to the extent possible. Following are the
steps so far taken by APGCL as per recommendation of Energy Audit Report of NPC (National
Productivity Council)
ACTION TAKEN ON ENERGY AUDIT REPORT
Lakwa Thermal Power Station (LTPS):
The action taken against the recommendations of the Energy Audit Report of NPC along with other
additional measures including the measures being taken for handing over the transformer feeders to
AEGCL and APDCL at LTPS has been detailed below.
Sl.
NPC recommendation
No.
1. 0.5% reduction in Instrument Air
compressor(Cut off pressure is lowered to
6.2 kg/cm2 from 6.6kg/cm2)
2. Temperature inside the PH-I control room
raised by 1°C
3. Temperature inside the PH-II control
room raised by1°C
4. Indicating bulbs (2w) in the control panel
( Switch Yard replaced by 100 nos 0.5w
LED bulbs
5. In PH-I control room:
I) total 25 nos of FTLs (2x40W)
replaced by 15 nos TS (62W) Bulbs
II)
Gas Turbine Floor: 48 nos Sodium
Vapour Lamp (250W) replaced by
33 nos energy efficient Metal Halide
(250W) bulbs
Action Taken
Action has been taken
Action has been taken
Action has been taken
Action has been taken
Action has been taken
III) Gas Compressor Station: 20 nos
200W GLS Lamps replaced by 15
nos energy efficient Metal Halide
150W bulbs having more Lumens
IV) Power House surrounding area: 30
Assam Power Generation Corporation Limited
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6.
nos (150W) Sodium Vapour Lamps
replaced by 25 nos Metal Halide
(150W) Lamps having more
Lumens.
PH-II Power House:
i) 4 nos conventional (200W) bulbs
replaced by CFL (20W) bulbs in machine
compartments
ii) 13 nos conventional (200W) bulbs
replaced by CFL (20W) bulbs in Gas
Compressor Station,
7.
Action has been taken
iii) 4 nos conventional (200W) bulbs
replaced by CFL (20W) bulbs in Gas
Intake and Metering Station.
i) Colony Lighting: total 100 nos FTLs
(40w) replaced by T5 (0.28W) bulbs,
Action has been taken
ii) Colony Lighting: total 6 nos 48W
LED bulbs installed replacing 250W
HPSV lamps,
8.
Auxiliary consumption reduced by at
least 0.2% by optimizing Gas
Compressor running and diverting 0.4
to 0.6 MMSCMD gas to PH-I GTs
Action has been taken
from PH-Il Gas Compressors. (by not
starting a gas compressor of rating:
525kw, 107A, 3.3KV, 0.85 pf for
approx.10 days in a month.)
9.
Skin Loss of GT#3 is minimized.
Complete and new insulation will be
Action has been taken
done at the time of Major Overhauling
which is already due.
ADDITIONAL ENERGY SAVING MEASURES TAKEN AT LTPS
Modification of cooling water line of
Ph-II Gas Turbines for the following
multifold benefits.
I.
1
Reduction of auxiliary power
consumption:- Both the fans and the
running pump of each module are
withdrawn after changeover to the
new system resulting reduction of
power consumption by the system
considerably
Action has been taken
II. Availability of Gas and Steam
Turbines: LTPS had to take shut
down of GTs on failure of bearings
of motors or fans, motor windings or
pumps resulting in reduction of
generation. During the period of
October’12 to October’13 total
Assam Power Generation Corporation Limited
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cumulative period of outage of
machine due to cooling water
module problem was 139 hours.
III. Capacity
generation
during
summer season:-The machine loads
had to reduce during high ambient
temperature in summer season for
restriction of high lube oil
temperature. This reduction of GT’s
load had cascading effect on STG
loading.
IV. Reduction of O&M cost: The
O&M cost of age old cooling water
module
will
be
reduced
substantially as the system will be
remain as standby only.
Others: Procurement of normative test checking equipment at LTPS
1
IRISYS Multipurpose Thermal Imager
Model: IRI 4030
2 Pressure calibrator
Make : FLUKE, USA
Model :718300G
Range : - 12 to 300 psi
3 Digital Photo Tachometer
(Laser Type)
Model : DT2234C
4 Boroscope
KARL STORZ Endoskope
Make: KARL STORZ Gmbh& Co. KG,
78532 Puttlingen, Germany.
Measures to Control Transformer Loss
1
Used for non-contact temperature detection.
Used for calibration of static and differential
pressure transmitters.
Used for non-contact speed detection
Used for viewing of Gas turbine or machine
internals which are otherwise cannot be seen from
outside.
Handing over of 33 kV transformer APGCL at present is operating and maintaining
two nos. of 33 kV feeders at the LTPS switchyard.
feeders to APDCL:
APGCL is working on to handover these feeders to
APDCL. In this connection, in the meeting held on
05/09/2012 at the Office Chamber of the
Chairman, ASEB in presence of the officials from
APGCL, AEGCL & APDCL, it was decided to
take necessary action for handing over of 33 kV
feeders to APDCL. The process of handing over
these feeders to APDCL is in progress.
The GM, LTPS vide his letter No.
LTPS/GM/2014/T-93/2771 dated 09/12/14 has
written to the GM, APDCL, Jorhat requesting him
for a discussion on the mechanism for transfer of
the 33 kV feeders from APGCL to APDCL.
Accordingly the meeting was held on Feb’15 and
processes of handing over the feeders are being
initiated and completion is expected by Jun’15.
Assam Power Generation Corporation Limited
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Namrup Thermal Power Station (NTPS)
As the major Auxiliary Consumption loss in case of NTPS is observed in the switchyard, due
importance has been given in handing over the relevant transformer feeders to AEGCL and APDCL.
Along with this, other measures as per the comments/recommendations of the Energy Audit Report of
NPC are also being taken for reducing APC loss. All this has been detailed below:
Sl.
Measures to Control APC
No.
Measures to Control Transformer Loss
1
Handing over of 6 nos. of 33 kV
transformer feeders to APDCL
Action Taken
i. A meeting was held on 05/09/2012 at the
Office Chamber of the Chairman, ASEB in
presence of the officials from APGCL,
AEGCL & APDCL where it was decided to
take necessary action for handing over of the
220 kV, 132 kV, 66 kV and 33 kV feeders to
AEGCL and APDCL respectively.
ii. In another follow up meeting held between
APDCL & APGCL on 02/02/2013 to discuss
the modalities for the handover of the 33 kV
system from APGCL to APDCL, it was
informed by the APDCL authority that they are
planning to construct a 33 kV substation at
NTPS and the takeover of 33 kV feeders will
be possible only after completion of the
construction of the substation.
iii. For this, in a separate communication, APDCL
requested APGCL to provide land at NTPS for
the construction of the said substation. The
required land has been provided to APDCL and
the same was informed to the CGM (D) vide
letter no. APGCLCGM (G)/NTPS/APGCLAEGCL-APDCL/55/23 dated 24/07/2013.
iv. In the meantime, six nos. of 33 kV breakers
with terminal equipment were taken over by
APDCL from 01/04/2013.
v. In a meeting held on 16-08-2013 between the
Senior Officers of the three Companies
APGCL, APDCL and AEGCL, it was
discussed that the tendering process for the
shifting of the existing 33 kV system was
going on and that the construction work was
supposed to be completed by March’14.
However, the work is not yet completed.
vi. Construction of 132/33 kV APDCL substation
is going on at NTPS. Transfer of the 6 nos. of
33 kV feeders to APDCL will be done after the
commissioning of this substation.
Assam Power Generation Corporation Limited
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2
Handing over of 1 no. of 220 kV, 3 nos. i.
of 132 kV and 6 nos. 66 kV transformer
feeders to AEGCL
ii.
A meeting was held on 02/08/2013 between
APGCL and AEGCL, where the modalities
for the handover were discussed.
The matter was also discussed in the meeting
held on 16-08-2013 between the Senior
Officers of the three Companies APGCL,
APDCL and AEGCL, where it was decided
that a detailed transfer scheme will be
completed soon.
iii. Further, APGCL has again requested AEGCL
to complete the work at the earliest vide letter
no.
APGCL/CGM
(G)/NTPS/APGCLAEGCL-APDCL/60/20 dated 31/03/2014 and
vide letter dated 27/08/2014.
iv.
On
25/09/14
the
following
feeders/equipment along with the Control
Room
for
operation
of
these
feeders/equipment were handed over to
AEGCL:
a. 3 nos. of 66/132 kV auto transformers
b. 1 no. of 132 kV Dibrugarh feeder
c. 2 nos. of 132 kV Lakwa I & II feeders
d. 2 nos. of 220 kV Tinsukia feeders
along with 2 nos. of 220/132 kV
transformers
Action taken as per comments/recommendations of the Energy Audit Report by NPC
1
2
3
4
5
Minimization
of
the
auxiliary
consumption and improvement of power
generation by modifying the illumination
system by replacing the existing Filament
bulbs, HPMV Lamps and fluorescent
tubes with CFL/LED bulbs in phase-wise
manner.
Constant and strict monitoring of high
current drawing auxiliaries such as,
Cooling Water Pumps, Cooling Tower
fans, Boiler Feed Pumps, Boiler
Circulating Water Pumps etc.
Regular checking of Boiler startup and
Turbine
Rolling
timing
up
to
synchronization to avoid unnecessary
delay as far as practicable.
Action has been taken
Continuous monitoring is being done
Continuous checking is being done
Replacement age old motors of different
pumps and Primary Oil Pumps with latest
high efficiency energy saving motors.
Action being taken
Action to solve the problem of difference
in temperature between the set
temperature and actual temperature of the
Action being taken
Assam Power Generation Corporation Limited
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Control Room AC as observed by NPC.
By taking above measures APGCL expect to reduce APC for NTPS from Current 5.8% [FY 2014-15
(Actual/Estimate)] to 5.5% and accordingly projected in the proposed tariff petition for FY 15-16.
For LTPS basically the higher APC is due to consumption in the gas compressors. As the LTPS
machines having heat rate almost double than the modern generating machines, it implies that the
requirement of gas is also double in LTPS compared to similar generating capacity with the latest
machines. Hence the capacity of gas compressor requirement is also enhanced to double attributing the
higher APC. Also, as the pressure of gas supplied to LTPS is often lower than the agreed pressure by
the supplier due to various reasons, the power consumed by the gas compressors also becomes higher
due to extra work that has to be done by the compressors to increase the pressure to the rated pressure.
This also contributes to higher APC of LTPS. By implementing the above measures APGCL expect to
reduce APC for LTPS with WHU from Current 8.8% [FY 2014-15 (Actual/Estimate)] to 7.5% and
accordingly projected in the proposed tariff petition for FY 15-16.
Further, APGCL also put forwarded its comment in petition form on AERC’s draft notification on
amendment on auxiliary consumption norms of NTPS and LTPS vide letter No: AERC/ CGM
(G)/AERC/2013-14/115/Pt.-IX/19 Dtd. 21.08.14 appealing APC norms of 5.5% for NTPS and 7.5%
for LTPS with WHU, which has been reproduced below.
Assam Power Generation Corporation Limited
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Assam Power Generation Corporation Limited
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In view of the above, the projections of APC for the FY 2015-16 have been summarized below:
For Existing Power Projects:
1. Namrup TPS: APC of 5.5% has been considered based on the Petition of APGCL for review of
the normative APC of NTPS & LTPS.
2. Lakwa TPS: APC of 7% for Open Cycle and 9.4% for WHU has been proposed as per DPR.
Open Cycle APC of 7% has been considered for LTPS based on the Petition of APGCL for
review of the normative APC of NTPS & LTPS. The overall APC for LTPS with WHU has
been projected as 7.5%.
3. 63 MW NRPP: APC of 4.6% has been proposed for the GT by eliminating WHRU auxiliaries
from the APC of 6.3% for NRPP taken from the approved DPR.
4. Karbi Langpi HEP: APC of 0.5% has been proposed as approved in Tariff Order for FY 201415.
5. Myntriang SHEP: APC of 1.0% has been proposed as approved in Tariff Order for FY 201415.
(b) Station Heat Rate (SHR):
APGCL has made all out efforts to operate its existing power plant to obtain optimum performance
level to meet the operating norms fixed by AERC. However, due to fluctuation in supply of gas and
intermittent under loading & outage of units due to technical reasons at times lead to higher GSHR in
the past years for both LTPS & NTPS.
To resolve the persistent higher heat rate issues of APGCL’s thermal power stations Hon’ble
commission suggested that an institution like IIT / AEC may be approached for studying
actual position of the generating stations the State Advisory Committee held on Dec’ 2012
and the report may be submitted to the Commission for review. Accordingly APGCL
engaged IIT, Guwahati for the purpose and the report was submitted to AERC in Nov’13.
Accordingly, Hon’ble Commission Notified Draft Amendment of Station Heat Rate of NTPS
and LTPS on 31.07.14 as stated below:
Station
Approved (Previous) GSHR
Amended GSHR
(Kcal/kWh)
(Kcal/kWh)
-
4740
NTPS (Closed Cycle)
3266
LTPS(Open Cycle)
LTPS (Closed Cycle)
3658
-
4170
4010
NTPS (Open Cycle)
Assam Power Generation Corporation Limited
3200
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Accordingly, APGCL considered Gross Station Heat Rate for NTPS with WHU as 4170
Kcal/Kwh and the Gross Station Heat Rate (open cycle) of 4010 kcal/kWh for LTPS as per
AERC’s above draft notification. Gross Heat Rate for combined cycle operation has been
derived with the projected generation of 171.12 MU for WHU as 3213 kcal/kWh as per the
calculation given below:
Gross Open Cycle Heat Rate of LTPS =
Projected WHRU Generation of LTPS =
Projected Total Generation of LTPS
Gross Combined Cycle Heat Rate of LTPS
4010 kcal/kWh
171.12 MU
=
861 MU
=
4010 X [1-(171.12/861)] kcal/kWh
=
3213 kcal/kWh
Basis of projection of Generation of Waste Heat Recovery Unit # 8 of LTPS
The average generation pattern of WHRU from FY2012-13 to September 2014-15 is 43% of the
generation of Ph.-II Units # 5, 6 & 7. Accordingly for the FY 2015-16 the generation of WHRU has
been projected considering above trend of 43% in respect to projected Ph.-II units’ generation of
LTPS.
Gas supply matters:
The Gas Linkage for the existing Gas Plants of APGCL (LTPS & NTPS) is shown as under:
1.
2.
LTPS → APM
0.40 MMSCMD from GAIL
→ Non-APM
0.5 MMSCMD from OIL
NTPS→ APM
0.66 MMSCMD from OIL.
Gas supply Position:
Gas received during the FY 2013-14 are as under:
LTPS = 296.00 MMSCM.
NTPS = 225.90 MMSCM.
The actual Gas supply for the FY 2014-15 are as under:
LTPS = 291.17 MMSCM.
NTPS = 250.25MMSCM.
Projected Gas availability in the FY 2015-16
BCPL is expected to be commissioned in 2015-16. Earlier after commissioning of BCPL, APGCL
was expected to get lean gas with lower CV. However, after assurance from the gas suppliers of
APGCL for keeping the same CV of the supplied gas even after commissioning of BCPL, the avg.
GCV of gas from 2011-12 to September 2014 has been considered for Generation Projection for
2015-16. The details of the gas availability for 2015-16 are given in the table below:
Station
Period
NTPS
2015-16
LTPS
2015-16
Gas
Source
OIL
APM
GAIL
APM
Avg GCV
from 2011-12
to Sep’14 in
kcal/scm
Contracted
Availability
Quantity
(MMSCMD)
(MMSCMD)
9300
0.66
0.66
9793
0.40
0.40
Assam Power Generation Corporation Limited
Remarks
Page 33 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Apr-Oct
Nov-Mar
0.35
OIL
NonAPM
9300
0.50
0.45
Gas
availability
from OIL to LTPS
has been considered
as
per
site
experience
Assumptions for various Heads – I
Table 19:
2015-16
14.75%
ST PLR R & M Expenses
Employee Expenses
A & G Expenses
ROE
escalation rates
Other Income
Provision for Taxes
Provision for Bad and Doubtful Debts
% of revenue
Current Assets - per Actual
O&M Expenses
Mainranence spares
Receivable against sale of power
Current Assets - per AERC
O&M Expenses & fuel
Maintenance spares
Receivable against sale of power
Power purchase Payable
Depreciation rate applicable for
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Roads on land Belonging to others
Capital spares at generating stations
Cap of Asset Value
15.00%
8.42%
8.42%
14.00%
@ 10%
escalation
at
approved
by Hon'ble
AERC
0.00%
On annual Expenditure
1% of Gross
Block
On the total revenue
demand
On annual Expenditure
1% of Gross
Block
On the total revenue
demand
Thermal
0.00
1.80%
2.57%
1.80%
6.00%
2.57%
18.00%
6.00%
6.00%
1.80%
4.75%
90.00%
Hydel
0.00
1.80%
2.57%
1.80%
2.57%
2.57%
18.00%
6.00%
6.00%
1.80%
4.75%
90.00%
Loan Rates - New Loan
Assam Power Generation Corporation Limited
Page 34 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Institution
11.40%
Existing Loans
Rates of interest
State Govt
10.50%
@
different
agreement
rates
11.40%
PFC
Other
Loan Repayment
Govt Loan
PFC
Others
15.20
22.97
0.00
Thermal
O & M for new stations on commercial
startup year subsequently @ inflation
Interest rate for investment income
Hydel
5.72%
O & M for new stations on commercial
startup year subsequently @ inflation
Interest rate for investment income
5.72%
Table 20
Assumptions for various heads – II
INVESTMENT
PROPOSED FOR
2015-16
NTPS
LTPS
KLHEP
Construction of a new
water intake pump
house at Dilli river for
consumptive water
SOURCE
PROPOSED
(RS. IN CR)
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
3.80
20.62
5.38
2.42
State Govt. equity
State Govt. Loan
17.00
State Govt. Grant
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
requirement of existing
plant and Namrup
Replacement Project.
NRPP
LRPP
CACHAR
DISTRIBUTED
GENERATION
SYSTEM BY GAS IC
ENGINE
EPC contrct for 2.0 MW
Solar Power Project at
NTPS
EPC contrct for 2.0 MW
Solar Power Project at
LTPS
Procurement/Acquisition
of land for Titabor Gas
Based Power Project
MYNTRIANG
LOWER KOPILI
21 MW Karbi Langpi
Middle Stage-I
24 MW Karbi Langpi
Middle Stage-II
PFC Loan
Others
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
Assam Power Generation Corporation Limited
160.00
54.90
78.60
3.80
0.83
16.86
17.00
17.00
0.49
8.12
23.50
183.00
7.00
0.25
0.25
Page 36 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
12 MW KLHEP Barrage
Toe Project
60 MW Karbi Langpi
Upper Stage
Installation of deep tube
well with submersible
pump set for water
supply at BKV
Investigation Division
Colony, Jagiroad
TOTAL PROPOSED
INVESTMENT
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
0.25
0.25
State Govt. Equity
State Govt. Loan
0.05
State Govt. Grant
PFC Loan
Others
State Govt.
Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
Total
249.82
88.85
27.23
160.00
95.46
621.36
3.3. Projected Operating Performance Data for FY15-16.
It is expected to continue the current rising trend of generation due to improvement in gas supply
position of NTPS and LTPS and machines heath conditions of NTPS the station wise operating
performance data are projected as shown in the following table. For KLHEP we have assumed the
designed energy as generation target for this FY.
Assumptions considered for projecting Operating Performance for 2015-16 are:
a) Availability: Availability for Thermal Generation has been computed on the basis gross
generation & projected Aux. cons. as per the formula below:
Availability = Projected Gross Generation in MW / {total hours in a year X Installed Capacity in
MW X
(1-Projected
Power as
Consumption
in %)} %
For Hydro stations,
availability
has Auxiliary
been considered
per design data.
b) Planned Outages: Details of Planned and Forced Outages Considered:
i.
For NTPS and LTPS, Planned outage has been considered as per the Maintenance Schedules
for the year 2015-16 of the respective Power Stations.
ii.
In KLHEP, maintenance is carried out during the lean period and thus, it does not affect the
generation of KLHEP. Hence, for projecting generation of KLHEP, design generation data
has been considered.
c) PLF: Plant Load Factor has been computed on the basis of gross generation as per the formula
below:
PLF = Projected Gross Generation in MW / Table
(total hours
18 in a year X Installed Capacity in MW) %
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
d) Gross Energy: Gross energy generation has been projected after considering Planned
Maintenance of units, Unit Load factors and as per the Gas availability mentioned above at Page
No. 33.
Further, in case of NRPP, the PLF as mentioned in the DPR is 72%. However, this was calculated
by considering lean gas availability after commissioning of BCPL. As the gas suppliers of APGCL
has assured that they are going to maintain the present CV of gas even after commissioning of
BCPL, the Gross energy from NRPP has been projected at 80% PLF as per the AERC norms for
new thermal power projects.
For calculating the Gross energy of NTPS old units after commissioning of 63 MW NRPP GT in
Aug’15, 2 nos. of GT units from the old power station and the Waste Heat Unit No. 6 with a
combined capacity of 63.5 MW (20 MW Unit #1 + 21 MW Unit #2 + 22.5 MW Unit #6) has been
considered to be run with the daily average available gas of 0.29 MMSCMD left after using daily
average gas of 0.37 MMSCMD by the GT unit of NRPP at a yearly PLF of 80%.
For Hydro generating station, Gross Energy Generation has been considered as per design energy.
e) Auxiliary Consumption: As mentioned in the Section 3.2 (a) above at Page No. 22 to 32.
f) Gross Station Heat Rate: Gross Station Heat Rates for LTPS & NTPS have been considered as
per the draft amendment of the AERC (terms and Conditions for Determination of Tariff)
Regulations 2006, which are 4010 kcal/kWh for LTPS Open Cycle operation and 4170 kcal/kWh
for NTPS combined cycle operation respectively.
Table 21
Generation Projection for FY 2015-16
NTPS from Apr'15-July'15
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
Gross Station Heat Rate on GCV (Kcal/ Kwh)
Sp. Gas Consumption (SCM/Kwh)
NTPS with units 1,2 & 6 from Aug'15 to
Mar'16
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
Gross Station Heat Rate on GCV (Kcal/ Kwh)
Sp. Gas Consumption (SCM/Kwh)
Total NTPS for 2015-16
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
Gross Station Heat Rate on GCV (Kcal/ Kwh)
Sp. Gas Consumption (SCM/Kwh)
NRPP 63 MW GT from Aug'15
Gross Energy in MU
Assam Power Generation Corporation Limited
FY 15-16
179.17
5.5%
169.36
54%
51%
4170
0.4484
FY 15-16
163.81
5.5%
154.80
47%
44%
4044
0.4348
FY 15-16
342.98
5.5%
324.16
51%
48%
4110
0.4419
FY 15-16
295.14
Page 38 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
Gross Station Heat Rate on GCV (Kcal/ Kwh)
Sp. Gas Consumption (SCM/Kwh)
LTPS with WHRU
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
Gross Station Heat Rate on GCV (Kcal/ Kwh)
Sp. Gas Consumption (SCM/Kwh)
KLHEP
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
Myntriang SHEP St-II
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
Myntriang SHEP St-I
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
APGCL
APGCL Total Gross Generation (MU)
APGCL APC (%)
APGCL Total Net Generation (MU)
Availability (%)
PLF (%)
4.6%
281.57
84%
80%
2830
0.3043
FY 15-16
861.00
7.5%
796.62
68%
63%
3213
0.3365
FY 15-16
390.00
0.5%
388.05
90%
45%
FY 14-15
22.68
1.00%
22.45
91%
81%
FY 14-15
18.91
1.0%
18.72
91%
81%
FY 15-16
1930.71
5.13%
1831.57
72%
59%
Comparison of Approved Generation for 2015-16 in the MYT Order for 2013-14 to
2015-16 and Revised Generation Projection for 2015-16
Total Generation Approved in the MYT Order for 2015-16 was 2200.35 MU. New projects considered
were:
1. 100 MW NRPP: The Project was earlier expected to be commissioned in 2013-14. Annual
energy approved for 2015-16 in the MYT from NRPP was 622.32 MU. However, due to delay
in project work, now the 63 MW GT unit of the project is expected to be commissioned in
August'15.
2. 70 MW LRPP: The project was earlier expected to be commissioned in 2015-16. Annual
energy approved for the project in the MYT for 2015-16 was 415.80 MU. However, due to
delay in the completion of the bidding process, the project is now expected to be
commissioned after 2015-16.
Assam Power Generation Corporation Limited
Page 39 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
3. 6 MW Lungnit PP: The St-I of the project was earlier expected to be commissioned in 201415 and the St-II in 2015-16. Annual energy approved for the project in the MYT for 2015-16
was 26.74 MU. However, due to cancellation of the agreement with the EPC contractor for
slow progress of work and litigations arising thereafter, now the project is not expected to be
commissioned in 2015-16.
4. Myntriang SHEP St-I: The project was earlier expected to be commissioned in 2014-15.
Annual energy approved for the project in the MYT for 2015-16 was 45.77 MU. However, due
to delay in project work, the project is now expected to be commissioned in December'15 with
generation of 19 MU of energy. This includes 3.5 MU from 3 MW enhancement of the St-I
project.
Because of the above, the Generation Projection for the FY 2015-16 has to be revised from the
approved energy of 2200.35 MU to 1930.71 MU
3.4. Projected Financial Performance Data for FY 15-16
3.4.1 Employees Expenses
Table 22
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
2015-16
48.21
2.07
39.33
7.38
0.04
0.13
0.07
0.36
0.00
0.00
0.19
14.41
112.19
6.92
105.27
Note: The Hon’ble Commission approved an amount of Rs. 91.42 Crore towards employees cost in
the MYT Order 13-16, however the Employee expenses for FY 14-15 in actual up to 2nd quarter and
proportionate for 3rd and 4th quarter comes to Rs. 86.54 Crore. On escalating the same with an
escalation factor @ 8.42% the total employees cost comes to Rs (86.54*108.42%=) 93.83 Crore. In
addition to this Myntriang SHEP is expected to operate at full capacity considering enhanced capacity
of 4.5 MW from Dec’15 which increases the employees cost proportionately by Rs. 2.35 Crore.
Further the NRPP is proposed to be commissioned in the FY 15-16 (from August’15). The existing
Namrup TPS is proposed to be operated simultaneously along with the NRPP with the left over gas
utilizing units, 1, 2 & Waste Heat Unit 6. The balance units 3, 4 & 5 will be kept as standby to run at
the event of excess gas availability and unscheduled outage of NRPP. Hence, the existing manpower
of NTPS cannot be disturbed and cannot be spared for NRPP. New recruitment will be made for
NRPP by creation of required post which is projected at Rs. 16.01 Crore (figure calculated as per
DPR), thereby totaling the Employees cost at Rs (93.83+2.35+16.01)=Rs. 112.19 Crore. After
capitalizing the figures comes to Rs.105.27 Crore.
Assam Power Generation Corporation Limited
Page 40 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
3.4.2 Repairs & Maintenance
Table 23
Particulars
2015-16
A. Regular Repair & Maintenance:Plant & Machinery
16.95
B. Special Type Repair & Maintenance:Overhauling Works under plant &
Machinery (details as follows)
Total Plant & machinery (A+B)
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
32.00
48.95
0.31
0.35
1.26
0.11
0.30
0.16
0.23
1.62
0.26
53.55
Note:
1. In the above consolidated projection of Repair & Maintenance (R&M) of APGCL, the NTPS
component of R&M works amounting to Rs. 2.65 Cr. has been computed on the following
modalities:
Rs. in Cr.
All units NTPS (119.5 MW) running till July'15 till
commissioning of NRPP
Unit 1 & 2 & 6 (63.5 MW) running from Aug'15 to March'16
with the left over gas after consumption in NRPP
Standby unit 3, 4 & 5 (56 MW) from Aug'15 to March’16 for
running in case of excess gas availability & unscheduled
outage of NRPP.
Total
0.88
0.94
0.83
2.65
2. APGCL feels that an escalation @ 8.42 % for Repair & maintenance expenses is on a lower
side, taking an account of requirement of APGCL and old age of power stations, an escalation
taken @ 15% on R&M projected for FY 15-16 is considered on Regular R&M works
3. Special Type Repair & Maintenance: To keep the generating machines in healthy and
running conditions, we have to carry out the Major Overhauling (O/H), as per the OEM’s
(Original Equipment Manufacturer) Operation Manual.
4. The details units of NTPS and LTPS which are proposed to be overhauled in FY 2015-16 as
per OEMs recommendation are stated below:
Station
NTPS
Unit
1
Description
Amount (Rs.
in Cr)
Procurement of capital spares for
Turbine unit-1 of NTPS
6.00
Work Component for Major Overhauling
0.00
Assam Power Generation Corporation Limited
Page 41 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Total
6.00
3
Procurement of capital spares for Gas
Turbine unit-3 of NTPS
6.00
Work Component for Major Overhauling
0.00
Total
6.00
6
Procurement of capital spares for Gas
Turbine unit-6 of NTPS
2.00
Work Component for Major Overhauling
0.00
Total
2.00
14.00
Total NTPS
3
LTPS
Procurement of capital spares for Gas
Turbine unit-3 of phase I of LTPS.
17.50
Major Inspection/ Overhauling of Gas
Turbine unit No. 3 of LTPS
0.50
Total
18.00
18.00
32.00
Total LTPS
Grand Total
APGCL proposed this Special type of above Repair & Maintenance cost amounting to Rs.
32.00 Cr. for consideration under Operation & maintenance (O&M) as a special case to keep
these machines smooth running condition to enable to contribute power to the state of Assam
to mitigate shortfall of power to the extent feasible.
The details of unit wise running hours, since from the last overhauled, which justifies the
OEM’s recommendation are furnished below:
The Running hours since last overhauling of the units of LTPS and NTPS are:
STATION
UNIT
LAST MAJOR
INSPECTION
(DATE/HR)
RUNNING HOURS SINCE
LAST MAJOR
OVERHAULING AS
ON 30/11/14
MAJOR OVERHAULING
REQUIRED AT RUNNING
HOURS AS PER OEM
MANUAL
#1
DATE- 10.09.13 /
HR-148616
7530
28000
48965
28000
Major Overhauling Originally
proposed in 2014-15. Now,
scheduled in 2015-16. Amount
already approved in the Review
Order of 2013-14 and also in the
Tariff Order of 2014-15. Action
has already been initiated. LC
opened and materials in transit.
Materials likely to be reached at
site by March’15 and overhauling
will be done in the period Apr’15-
LTPS
#2
DATE- 14.07.07 /
HR-128496
Assam Power Generation Corporation Limited
Page 42 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
May’15
28000
Major Overhauling proposed in
2015-16
#3
DATE-29.11.04/
HR-1,02,835
48957
#4
DATE-25.08.10/
HR-55,357
28057
28000
#5
DATE-24.02.2014/
HR-80414
6690
32000 hrs to 48000 hrs
depending on hot gas path
inspection intervals
32000 hrs to 48000 hrs
depending on hot gas path
inspection intervals
#6
DATE-31.03.2008/
HR-72886
44945
#7
Completed on
03/12/14
RH-84886
Major Overhauling completed
in 2014-15
32000 hrs to 48000 hrs
depending on hot gas path
inspection intervals
#1
DATE-10.10.2009/
HR-280666
39185
28000
Major Overhauling proposed in
2015-16
#2
DATE-26.06.13/
HR-260286
9349
28000
#3
DATE-20.08.10/
HR-294667
28750
28000
Major Overhauling proposed in
2015-16
#4
DATE-09.09.14/
HR-133220
Major Overhauling completed
in 2014-15
28000
#5
DATE-17.06.10
(Forced shutdown due
to Stator Problem)/
HR-209439
15647
75000
#6
DATE-May-01/
HR-164039
95924
75000
Major Overhauling proposed in
2015-16
NTPS
Major Overhauling is scheduled
in 2015-16. Amount already
approved in the Annual Plan of
2014-15. Also included in the
R&M DPR of 2013-14 to 201415 submitted to AERC
From the above table it can be seen that the following overhauling has been proposed in the
FY 2015-16:
LTPS Unit-3: The last Major Overhauling of Unit 3 of LTPS was done on 29/11/04. Since
then the unit has been in operation for 48957 hours till 30/11/14. As per the OEM’s guideline
for WCL model W191 i.e. for Unit # 3, the overhauling hours may be extended up to 35,000
against the recommended 28,000.
Assam Power Generation Corporation Limited
Page 43 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Details of LTPS’ GT Units # 3 running hrs from the last overhauling justifying the need of
Major overhauling as per OEM’s recommendations.
GT UNIT
LAST
MAJOR INSPECTION
(DATE/HR)
LTPS #3
DATE-29.11.04/
HR-1,02,835
RUNNING HOURS SINCE LAST
MAJOR OVERHAULING AS
ON 30/11/14
48,957
(Major O/H is overdue)
Hence major overhauling is overdue for Unit # 3 to ensure smooth operation of the
generating Unit and it is proposed in Jul’15-Aug’15 for 50 days. The cost-benefit analysis of
this overhauling has been calculated and given is below:
Assam Power Generation Corporation Limited
Page 44 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Cost Benefit Analysis for Major Overhauling of Unit #3 of LTPS:
PROJECT:
Major overhauling of LTPS Unit-3
PROJECT COST:
Loan
Interest rate for short term loan
Rate (WACC)
Project Life
18.00
18.00
15.00%
10.14%
4
Escalation of Annual O & M Depreciation :
8.42%
22.50%
(Rs. in Cr)
1.NPV Evaluation
No. of
years
ACQUISITI
Fuel Cost
ON COST
FY
1
2
1
2
3
4
4
2015-16
2016-17
2017-18
2018-19
2018-19
3
18.00
Scrap value
18.00
ANNUAL
O&M
4
5
6
7=3+4+5+6
ANTICIPAT EARNINGS PROVISIO
PROFIT
ED
BEFORE
N FOR
AFTER TAX
REVENUE
TAXES
TAXES
8
9=8-7
37.00
37.01
37.02
37.03
0.45
0.49
0.53
0.57
4.05
4.05
4.05
4.05
1.80
59.50
41.55
41.60
41.66
1.80
-
44.35
45.52
45.29
45.06
(15.15)
3.97
3.69
3.40
148.07
2.04
18.00
186.11
180.22
(4.10)
Since NPV
2. IRR:
DEPRECIA
TOTAL
TION
EXPENSES
>
10
11=9-10
0.00
0.00
0.00
0.00
-
OPERATIN NPV OF
G CASH
OP. CASH
FLOW
FLOW
12=11+6
15
(15.15)
3.97
3.69
3.40
(11.10)
8.02
7.74
7.45
(11.10)
7.28
6.38
5.58
(4.10)
12.10
8.13
0, the major overhauling is accepted.
FW OF CASH
FLOW
Year
n
1
2
3
4
(11.10)
7.28
6.38
5.58
(11.10)
8.02
7.74
7.45
49.11%
Assam Power Generation Corporation Limited
Page 45 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
SOP determination from Major overhauling of LTPS Unit-3
Project cost
Loan
Equity
18.00
18.00
0.00
1
Annual O&M
Interest and finance Charges
depreciation
Fixed charges
Interest on working capital
return on equity
Fuel Cost
Sale of Power (A+B+C)
A
B
C
D
E
0.45
1.35
4.05
5.85
1.55
0.00
37.00
44.35
2
0.49
2.43
4.05
6.97
1.58
0.00
37.01
45.52
3
0.53
2.16
4.05
6.74
1.57
0.00
37.02
45.29
4
0.57
1.89
4.05
6.51
1.57
0.00
37.03
45.06
Note:
1
2
3
4
5
6
Depreciation @ 22.50% has been taken for evaluation purpose i.e 90%/4
Interest on short term loan
15%
Annual O&M for the initial year of operation is taken at 2.5% of the project cost.
O&M Escalation @ 8.42%
Tax @ 32.4%
Discounting factor (WACC)
10.14 %
WACC=Rd*(1-t)*D/V+ Re*E/V
where; Rd- cost of debt
Re- cost of equity
E/V- percentage of financing that is equity
D/V- percentage of financing that is debt
t- tax rate
7 Repayment of loan considered to be paid during the life of the project.
8 Estimated actual fuel cost computed is considered for revenue/ SOP determination
NTPS Unit-1: The last Major Overhauling of Unit 1 of NTPS was done on 10.10.2009. Since
then the unit has been in operation for 39185 hours till 30/11/14. As per the OEM’s guideline
for Unit # 1, the overhauling hours is 24000 hrs.
Details of NTPS’ GT Units # 1 running hrs from the last overhauling justifying the need of
Major overhauling as per OEM’s recommendations.
GT UNIT
LAST MAJOR NSPECTION
(DATE/HR)
RUNNING HOURS SINCE LAST MAJOR
OVERHAULING AS ON 30/11/14
NTPS #1
DATE-10.10.2009/
HR-280666
39185
(Major O/H is overdue)
Hence major overhauling is overdue for Unit # 1 to ensure smooth operation of the
generating Unit and it is proposed in Jun’15-Jul’15 for 60 days. The cost-benefit analysis of
this overhauling has been calculated and is given below:
Assam Power Generation Corporation Limited
Page 46 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Cost Benefit Analysis for Major Overhauling of Unit #1 of NTPS:
PROJECT:
Major overhauling of NTPS Unit-1
PROJECT COST:
6.00
Loan
6.00
Interest rate for short term loan
15.00%
Rate (WACC)
10.14%
Project Life
4
Escalation of Annual O & M 8.42%
Depreciation :
22.50%
(Rs. in Cr)
1.NPV Evaluation
No. of
years
1
FY
2
1 2015-16
2 2016-17
3 2017-18
4 2018-19
4 2018-19
ACQUISITI
ON COST
3
6.00
Scrap value
6.00
2. IRR:
Fuel Cost
ANNUA
L O&M
4
62.04
62.07
62.10
62.12
5
0.15
0.16
0.18
0.19
248.34
0.68
Since NPV >
Year
n
1
2
3
4
DEPRECIA
TION
TOTAL
EXPENSES
6
7=3+4+5+6
69.54
63.58
63.62
63.66
0.60
1.35
1.35
1.35
1.35
0.60
ANTICIPAT
ED
REVENUE
8
66.36
66.77
66.72
66.67
6.00
261.02
266.51
0, the major overhauling is accepted.
FW OF
CASH
FLOW
(1.84)
(1.84)
3.58
3.94
3.20
3.88
2.86
3.82
205.78%
EARNIN
GS
BEFORE
TAXES
9=8-7
(3.19)
3.18
3.09
3.00
6.09
PROVISI
ON FOR
TAXES
PROFIT
AFTER
TAX
10
11=9-10
(3.19)
2.59
2.53
2.47
0.00
0.59
0.56
0.53
1.69
4.40
Assam Power Generation Corporation Limited
OPERATI
NG CASH
FLOW
NPV OF
OP.
CASH
FLOW
12=11+6
(1.84)
3.94
3.88
3.82
15
(1.84)
3.58
3.20
2.86
9.80
7.79
Page 47 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
SOP determination from Major overhauling of NTPS Unit-1
A
B
C
D
E
Project cost
Loan
Equity
6.00
6.00
0.00
Annual O&M
1
0.15
2
0.16
3
0.18
4
0.19
0.45
1.35
1.95
2.36
0.00
62.04
66.36
0.81
1.35
2.32
2.37
0.00
62.07
66.77
0.72
1.35
2.25
2.37
0.00
62.10
66.72
0.63
1.35
2.17
2.37
0.00
62.12
66.67
Interest and finance Charges
depreciation
Fixed charges
Interest on working capital
return on equity
Fuel Cost
Sale of Power (A+B+C)
Note:
1
2
3
4
5
6
Depreciation @ 22.50% has been taken for evaluation purpose i.e 90%/4
Interest on short term loan
15%
Annual O&M for the initial year of operation is taken at 2.5% of the project cost.
O&M Escalation @ 8.42%
Tax @ 32.4%
Discounting factor (WACC)
10.14 %
WACC=Rd*(1-t)*D/V+ Re*E/V
where; Rd- cost of debt
Re- cost of equity
E/V- percentage of financing that is equity
D/V- percentage of financing that is debt
t- tax rate
7 Repayment of loan considered to be paid during the life of the project.
8 Estimated actual fuel cost computed is considered for revenue/ SOP determination
NTPS Unit-3: The last Major Overhauling of Unit 3 of NTPS was done on 20.08.10. Since
then the unit has been in operation for 28750 hours till 30/11/14. As per the OEM’s guideline
for Unit # 3, the overhauling hours is 24000 hrs.
Details of NTPS’ GT Units # 3 running hrs from the last overhauling justifying the need of
Major overhauling as per OEM’s recommendations.
LAST MAJOR NSPECTION RUNNING HOURS SINCE LAST MAJOR
GT UNIT
(DATE/HR)
OVERHAULING AS ON 30/11/14
28750
DATE-20.08.10/
NTPS #3
(Major O/H is overdue)
HR-294667
Hence major overhauling is overdue for Unit # 3 to ensure smooth operation of the
generating Unit and it is proposed in Nov’15-Dec’15 for 60 days. The cost-benefit analysis
of this overhauling has been calculated and is given below:
Assam Power Generation Corporation Limited
Page 48 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Cost Benefit Analysis for Major Overhauling of Unit #3 of NTPS:
PROJECT:
Major overhauling of NTPS Unit-3
PROJECT COST:
6.00
Loan
6.00
Interest rate for short term loan
15.00%
Rate (WACC)
10.14%
Project Life
4
Escalation of Annual O & M 8.42%
Depreciation :
22.50%
1.NPV Evaluation
No. of
years
1
1
2
3
4
4
2. IRR:
FY
2
2015-16
2016-17
2017-18
2018-19
2018-19
ACQUISITI
ON COST
Fuel
Cost
ANNUA
L O&M
3
6.00
4
40.72
40.73
40.75
40.77
5
0.15
0.16
0.18
0.19
Scrap value
6.00
162.97
Since NPV >
0.68
DEPRECIATI
ON
TOTAL
EXPENSE
S
6
1.35
1.35
1.35
1.35
0.60
7=3+4+5+6
48.22
42.25
2.28
2.31
.60
8
44.24
44.64
44.58
44.52
6.00
175.65
177.98
0, the major overhauling is accepted.
Year
n
1
2
3
4
ANTICIPATE
D REVENUE
(2.63)
3.09
2.76
2.46
EARNING
S
BEFORE
TAXES
9=8-7
(3.98)
2.39
2.30
2.21
2.92
PROVISIO
N FOR
TAXES
PROFIT
AFTER
TAX
10
11=9-10
(3.98)
2.05
1.99
1.93
0.00
0.34
0.31
0.28
0.92
2.00
OPERATIN
G CASH
FLOW
12=11+6
(2.63)
3.40
3.34
3.28
7.40
Rs Cr
NPV OF
OP.
CASH
FLOW
15
(2.63)
3.09
2.76
2.46
5.67
FW OF
CASH
FLOW
(2.63)
3.40
3.34
3.28
115.46%
Assam Power Generation Corporation Limited
Page 49 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
SOP determination from Major overhauling of NTPS Unit-3
A
B
C
D
E
Project cost
Loan
Equity
6.00
6.00
0.00
Annual O&M
1
0.15
2
0.16
3
0.18
4
0.19
0.45
1.35
1.95
1.57
0.00
40.72
44.24
0.81
1.35
2.32
1.58
0.00
40.73
44.64
0.72
1.35
2.25
1.58
0.00
40.75
44.58
0.63
1.35
2.17
1.58
0.00
40.77
44.52
Interest and finance Charges
depreciation
Fixed charges
Interest on working capital
return on equity
Fuel Cost
Sale of Power (A+B+C)
Note:
1
2
3
4
5
6
Depreciation @ 22.50% has been taken for evaluation purpose i.e 90%/4
Interest on short term loan
15%
Annual O&M for the initial year of operation is taken at 2.5% of the project cost.
O&M Escalation @ 8.42%
Tax @ 32.4%
Discounting factor (WACC)
10.14 %
WACC=Rd*(1-t)*D/V+ Re*E/V
where; Rd- cost of debt
Re- cost of equity
E/V- percentage of financing that is equity
D/V- percentage of financing that is debt
t- tax rate
7 Repayment of loan considered to be paid during the life of the project.
8 Estimated actual fuel cost computed is considered for revenue/ SOP determination
NTPS Unit-6: The last Major Overhauling of Unit 6 of NTPS was done on May-01. Since
then the unit has been in operation for 95924 hours till 30/11/14. As per the OEM’s guideline
for Unit # 6, the overhauling hours is 75000.
Details of NTPS’ GT Units # 6 running hrs from the last overhauling justifying the need of
Major overhauling as per OEM’s recommendations.
LAST MAJOR NSPECTION RUNNING HOURS SINCE LAST MAJOR
GT UNIT
(DATE/HR)
OVERHAULING AS ON 30/11/14
95924
DATE-May-01/
NTPS #6
(Major
O/H
is overdue)
HR-164039
Hence major overhauling is overdue for Unit # 6 to ensure smooth operation of the
generating Unit and it is proposed in Aug’15-Sep’15 for 60 days. The cost-benefit analysis
of
this
overhauling
has
been
calculated
and
is
given
below:
Assam Power Generation Corporation Limited
Page 50 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Cost Benefit Analysis for Major Overhauling of Unit #6 of NTPS:
PROJECT:
Major overhauling of NTPS Unit-6
PROJECT COST:
2.00
Loan
2.00
Interest rate for short term loan
15.00%
Rate (WACC)
10.14%
Project Life
4
Escalation of Annual O & M 8.42%
Depreciation :
22.50%
1.NPV Evaluation
No. of
years
1
1
2
3
4
4
FY
2
2015-16
2016-17
2017-18
2018-19
2018-19
ACQUISI
TION
COST
Fuel
Cost
3
4
2.00
Scrap value
2.00
2. IRR:
ANNUA
L O&M
5
0.05
0.05
0.06
0.06
-
Since NPV>
0.23
Year
DEPRECIATI
ON
TOTAL
EXPENSE
S
6
0.45
0.45
0.45
0.45
0.20
7=3+4+5+6
2.50
0.50
0.51
0.51
0.20
ANTICIPAT
ED
REVENUE
8
0.67
0.80
0.77
0.75
2.00
4.23
2.98
0, the major overhauling is accepted.
FW OF
CASH
FLOW
n
1
(1.38)
(1.38)
2
0.67
0.74
3
0.59
0.71
4
0.51
0.68
25.93%
EARNIN
GS
BEFORE
TAXES
9=8-7
(1.83)
0.29
0.26
0.23
(1.04)
PROVISI
ON FOR
TAXES
PROFIT
AFTER
TAX
10
0.00
0.00
0.00
0.00
11=9-10
(1.83)
0.29
0.26
0.23
-
(1.04)
Assam Power Generation Corporation Limited
OPERATI
NG CASH
FLOW
12=11+6
(1.38)
0.74
0.71
0.68
0.76
(Rs. in Cr)
NPV OF
OP. CASH
FLOW
15
(1.38)
0.67
0.59
0.51
0.39
Page 51 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
SOP determination from Major overhauling of NTPS Unit-6
A
B
C
D
E
Project cost
Loan
Equity
2.00
2.00
0.00
Annual O&M
1
0.05
2
0.05
3
0.06
4
0.06
Interest and finance Charges
depreciation
Fixed charges
Interest on working capital
return on equity
Fuel Cost
Sale of Power (A+B+C)
0.15
0.45
0.65
0.02
0.00
0.00
0.67
0.27
0.45
0.77
0.02
0.00
0.00
0.80
0.24
0.45
0.75
0.02
0.00
0.00
0.77
0.21
0.45
0.72
0.02
0.00
0.00
0.75
Note:
1
2
3
4
5
6
Depreciation @ 22.50% has been taken for evaluation purpose i.e 90%/4
Interest on short term loan
15%
Annual O&M for the initial year of operation is taken at 2.5% of the project cost.
O&M Escalation @ 8.42%
Tax @ 32.4%
Discounting factor (WACC)
10.14 %
WACC=Rd*(1-t)*D/V+ Re*E/V
where; Rd- cost of debt
Re- cost of equity
E/V- percentage of financing that is equity
D/V- percentage of financing that is debt
t- tax rate
7 Repayment of loan considered to be paid during the life of the project.
8 Estimated actual fuel cost computed is considered for revenue/ SOP determination
Assam Power Generation Corporation Limited
Page 52 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
3.4.3 Administration and General Expenses
Table 24
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegram
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
Energy bill raised by APDCL
Sub Total:
Less: Capitalised
Total:
2015-16
0.39
0.94
0.06
0.00
0.01
0.00
0.71
0.00
0.00
0.78
0.02
7.64
0.00
10.56
0.70
9.85
Note: Escalation taken @ 8.42% for A&G expenses
3.4.4
Return on Equity
Table 25
Particulars
Namrup TPS
Lakwa TPS
Lakwa WHRP
Karbi Langpi HEP
Myntriang SHEP
Namrup RPP
Total
2015-16
10.16
11.50
9.93
9.54
3.27
14.57
58.96
ROE calculated as follows:
Particulars
Opening Equity
Closing Equity
Average equity
Rate
ROE
NTPS
15-16
69.44
75.68
72.56
0.14
10.16
LTPS
15-16
79.24
84.98
82.11
0.14
11.50
KLHEP
15-16
68.11
68.11
68.11
0.14
9.54
LWHRP
15-16
70.92
70.92
70.92
0.14
9.93
NRPP
15-16
0.00
208.12
104.06
0.14
14.57
Myntriang
15-16
13.37
33.34
23.35
0.14
3.27
3.4.5 Income from Other Sources
Table 26
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
2015-16
0.00
8.85
0.06
0.79
0.90
0.01
10.60
Assam Power Generation Corporation Limited
Page 53 of 228
Total
15-16
301.08
541.14
421.11
0.14
58.96
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Note: Other income incurred in FY 2013-14 is considered at par for FY 2015-16
3.4.6. Depreciation
Table 27
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & fixtures
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total
(Less) : Depreciation on 90% of the
Assets funded by Grants/subsidies
Net Total
2015-16
0.00
0.74
4.41
3.59
39.43
5.21
1.06
0.12
0.16
0.06
0.00
3.56
58.35
-10.14
48.21
Depreciation has been calculated using the schedule as prescribed by the AERC. Analysis of the trial
balance under each function head has been carried out and the weighted average rate has been
calculated and used for calculation. Depreciation on assets commissioned in a year is charged at the
average balance for the year (since they could be commissioned at different date).
3.4.7 Interest & financing charges
Table 28
Particulars
2015-16
Interest on loans
69.20
Other finance charges
6.43
Sub total
75.63
Less: Interest capitalised
-19.75
Total
55.88
Note: Interest on loans & Other Finance Charges calculated for FY 14-15 @ 10.5% on loan
outstanding for Loan from Govt. of Assam, @ previous interest rates charged by PFC for Loan
from PFC. GPF trust is expected to complete in FY 15-16 and hence interest on GPF is
claimed from FY 15-16
3.4.8 Interest on Working Capital
Table 29
Particulars
One month Fuel Cost
One month approved O&M Cost
Maintenance Spares
Two month Receivables
Total
Interest @ 14.75%
2015-16
43.49
13.77
13.28
138.48
209.02
30.83
Assam Power Generation Corporation Limited
Page 54 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Note: Interest on working capital is computed @ an interest rate of 14.75% as per AERC
3.4.9 Repayment of Loan (Principal)
Table 30
Particulars
PFC Loan
State Govt Loan
Total
2015-16
22.97
15.20
38.16
3.4.10. Fuel Cost
Table 31
Particulars
Namrup TPS
NRPP
Lakwa TPS
Total
2015-16
127.25
75.41
319.26
521.92
4. Profit & Loss Account
Table 32
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
O&M expenses of CTPS
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts, int of W/Capital etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
Add: R&M Expenses approved vide letter No. AERC
442/2014/15
Surplus(+) / Shortfall(-)
Assam Power Generation Corporation Limited
2015-16
1930.71
1831.57
5.13%
550.43
0.00
521.92
53.55
105.27
9.85
48.21
75.63
-19.75
30.83
0.00
0.00
0.00
825.51
58.96
10.60
0.93
874.79
26.73
-351.09
Page 55 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
5.
Balance Sheet
Table 33
Particulars
Source of Fund
Share Capital
Reserve & Surplus
Loans from State Govt
Loans from others
Total
Contributions, grants & subsidies towards cost of
Capital Asset
Grand
Total
Application of Fund
Net Fixed Assets
(A) Gross Block
(B) Less : Accumulated Depreciation
(C) Net Fixed Assets
(D) Capital-works-in-progress
Total of (C) to (D)
Investements
Subsidy receivable from Govt
Net Current Assets
A.
Current Assets, Loans & Advances
i) Inventories
ii) Receivables against Sale of Power
iii) Cash & Bank Balance
iv) Loans & Advances
v) Other current assets
Total of A
B.
Current Liabilities and provisions
i) Borrowing for Working Capital
ii) Payment due on Capital Libilities
iii) Other current liabilities
Total of B
Net Current Assets (A - B)
Profit/ Loss
Grand Total
2015-16
455.86
302.14
229.12
660.95
1648.07
434.77
2082.84
2216.23
707.40
1508.83
424.60
1933.43
0.00
98.28
4.96
221.89
82.66
109.78
517.57
426.57
426.57
91.00
58.40
2082.83
Station wise information for claiming ARR and Tariff for FY 2015-16 is depicted in
Annexure-IV (Page No. 148)
Assam Power Generation Corporation Limited
Page 56 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
6.
Proposed ARR for FY 2015-16:
Table 34: (Station wise, FY 15-16)
(Rs in crore)
Particulars
NTPS
Gross Generation (MU)
Aux. Power Consumption (MU)
Net Generation (MU)
Fixed Charges
Operation & Maintenance
Employee Cost
Repairs & Maintenance
Administrative & General Expenses
Interest & Finance Charge
Interest on working Capital
Taxes on income
Depreciation
Provision for Bad & Doubtful Debts
Return on Equity
Less: Other Income
(A. 1) Total Fixed Charges
LWHRP
LTPS
342.98
18.82
324.16
171.12
16.09
155.04
689.87
48.29
641.58
(LTPS +
LWHRP)
861.00
64.38
796.62
35.02
16.65
1.54
4.72
7.42
0.31
5.54
0.00
10.16
-3.68
77.67
9.51
0.83
0.47
12.44
1.44
0.00
10.93
0.00
9.93
0.00
45.54
30.55
28.35
3.74
6.85
15.23
0.31
8.73
0.00
11.50
-3.69
101.57
40.06
29.18
4.21
19.29
16.67
0.31
19.66
0.00
21.42
-3.69
147.12
2015-16
CTPS
KLHEP
Myntriang
NRPP
Total
0.00
0.00
0.00
390.00
1.95
388.05
41.59
0.42
41.17
295.14
13.58
281.57
1930.71
99.14
1831.57
3.45
0.00
0.01
0.04
0.00
0.00
0.00
0.00
0.00
0.00
3.50
14.59
7.69
2.97
11.19
2.22
0.31
8.74
0.00
9.54
-3.23
54.01
1.47
0.03
0.24
0.47
0.13
0.00
-0.52
0.00
3.27
0.00
5.09
10.67
0.00
0.89
20.18
4.39
0.00
14.78
0.00
14.57
0.00
65.48
105.27
53.55
9.85
55.88
30.83
0.93
48.21
0.00
58.96
-10.60
352.87
75.41
140.89
232.57
267.81
500.38
26.73
379.60
521.92
901.52
207.26
284.96
492.21
550.43
-351.09
(A. 2) R&M Expenses approved vide letter No. AERC
442/2014/15 "Order on Review Petition on Tariff Order
for FY 13-14" dated 08.07.2014
(A) Total Fixed Cost
(B) Fuel Cost
127.25
0.00
319.26
319.26
0.00
0.00
(C) ARR (A) + (B)
204.92
45.54
420.83
466.38
3.50
54.01
Fixed Cost Paise / Kwh (sent out)
239.59
293.76
158.32
184.68
139.19
Fuel Cost Paise/ Kwh (sent out)
392.56
0.00
497.61
400.77
0.00
Tariff Paise/ Kwh (sent out)
632.16
293.76
655.93
585.45
139.19
(D) Estimated revenue from Sale of Power for FY 2015-16 (calculated at approved Generation tariff for FY 2014-15)
(E) Surplus/Deficit (C)-(D)
0.00
5.09
123.73
0.00
123.73
Note: The Secondary Energy Charges will be computed as per the lowest variable charge bearing Central Sector Generating Station as per CERC Tariff Order for FY 2014-19
Assam Power Generation Corporation LimitedPage57 of 229
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
7.
Directives of AERC
Directives of the Commission in its Tariff Order for 2014-15
Compliance of Old Directives issued in the Tariff Order for 2012 -13 & 2013-14 and New Directives issued in the Tariff Order for 2014-15
Directive
No:
AERC’s Directive
Comments of the Commission in the Tariff
Order for 2014-15
Status as on 31st December 2014
The Commission has taken note of
APGCL’s
submissions.
TheCommissionacknowledges the efforts
of APGCL in reducing the auxiliary Energy
Consumption.However, the Commission is
of the view that the targets specified under
PATScheme are altogether for a different
purpose and APGCL should strive to
reducethe Auxiliary Consumption of NTPS
and LTPS to the normative levels specified
in theRegulations.
APGCL is putting continuous efforts to reduce APC of
LTPS and NTPS. The result of these efforts can be seen
in the reduced APC of LTPS in the 3 rd quarter of LTPS
at 8.07% from earlier 8.96% in the 2 nd quarter of 201415.
The Commission again directs APGCL to
vigorously pursue the matter with the Govt.
of Assam, and complete the formalities of
forming the Trust as early as possible.
Noted. The matter is continuously being pursued with
Govt. of Assam by APGCL
Old Directives
1
Directive1: Auxiliary Consumption
The auxiliary consumption of both the thermal
stations (NTPS and LTPS) is on high side. The
efforts should continue to reduce Auxiliary
Consumption and the Auxiliary Consumption levels
of both the Stations need to be brought down to the
levels specified in the Regulations.
2
3
Directive2: Employee’s Provident Fund
APGCL is utilizing the provident fund amount
recovered from the employees and no such account
is maintained. APGCL was directed to maintain
separate accounts for the amounts recovered from
the employees towards provident fund and its
utilization duly audited by Statutory Auditors.The
Commission again directs APGCL to pursue the
matter with the Govt. of Assam, and the formalities
of forming the Trust should be completed as early as
possible.
Directive-3: Procurement of Gas
The process for handing over of transformer feeders to
APDCL is going on in LTPS and NTPS and further
reduction of APC is expected after the process is
completed.
Assam Power Generation Corporation LimitedPage58 of 229
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Compliance of Old Directives issued in the Tariff Order for 2012 -13 & 2013-14 and New Directives issued in the Tariff Order for 2014-15
Directive
No:
AERC’s Directive
Comments of the Commission in the Tariff
Order for 2014-15
Status as on 31st December 2014
APGCL is not getting the committed quantity of gas
from the gas suppliers due to which generation of
energy is getting reduced correspondingly. APGCL
shall make all the efforts to get the gas supply as
per commitment and also to get allotment of
additional gas supply to overcome the problem of
inadequate availability of power in the State.
Noted. APGCL should submit a quarterly
report to the Commission on the efforts
made to procure committed quantity of gas
and to get additional allotments, to
overcome the generation problem, and the
outcome of such efforts.reviewed.
A statement of drawing of gaseous fuel by NTPS
&LTPS in Oct’14 and Dec’14 is given below:
Month
Received/ Allotted Qty (MMSCM)
NTPS (OIL)
LTPS
LTPS (GAIL)
(OIL)
Oct’14
21.14/20.46 9.91/ 15.50 14.73/ 12.40
(103%)
(65%)
(119%)
Nov’14
10.99/ 15.0 10.52/ 12.00
19.76/ 19.8
(57%)
(99.79%)
(87.5%)
Dec’14 20.54/ 20.46 13.74/ 15.5 10.70/ 12.40
(100%)
(88.6%)
(86.2%)
During the 3rd quarter, natural gas supplied by both
OIL and GAIL are found to be inconsistent. APGCL is
making all out efforts to get the gas supply as per
commitment.
Additional allotment of gas of 0.15 MMSCMD from
the ONGC gas fields in the Cachar district is in
process.
4
5
Directive-4: Performance Parameters
APGCL should expedite the on-going Renovation &
Modernisation schemes and ensure timely completion
of the projects.
Directive-5: Monitoring of Progress of New Power
Projects
APGCL is directed to submit quarterly progress
report on time on regular basis.
APGCL should expedite the on-going
Renovation & Modernisation schemes and
ensure timely completion of the projects.
Noted. APGCL submits the status of its ongoing
Renovation & Modernisation schemes to the AERC
quarterly.
Noted. APGCL is directed to continue to
submit quarterly progress report on time, on
regular basis, till completion of the
projects.
Progress Report on implementation of New Projects
(Thermal) & ongoing R&M projects had been submitted
for the 2nd quarter of 2014-15 to AERC vide No.
APGCL/CGM
(G)/AERC/2011-12/115/Pt/28
dated
Assam Power Generation Corporation LimitedPage59 of 229
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Compliance of Old Directives issued in the Tariff Order for 2012 -13 & 2013-14 and New Directives issued in the Tariff Order for 2014-15
Directive
No:
AERC’s Directive
Status as on 31st December 2014
Comments of the Commission in the Tariff
Order for 2014-15
17/10/14.
6
7
Directive-6: Performance of Petitioner’s Plants
A lot of concern had been expressed by the
stakeholders on the need for improvement in the
performance of NTPS and LTPS where most of the
Units are more than 25 years old. There is a scope
for improvement in generation from these plants by
increasing their existing capacities to at least their
original design values, which have been stated to
have reduced due to wear and tear during past many
years. The more important issue is that of ensuring
generation availability from these plants for longer
duration of time as most of these plants have
already outlived their originally envisaged useful life.
Accordingly, the Commission was of the view that
these
plants
urgently
need
Renovation,
Modernization and Up gradation (RMU) for both
improvement in generation capacity and life
extension.
The Commission therefore, directed the Petitioner to
submit the final DPR with cost benefit analysis
indicating life extension period shall be submitted
for approval of the Commission as early as possible.
Directive-7: Need for Augmenting Own Generating
Capacity
APGCL shall make all out efforts to complete the
ongoing projects within stipulated time to avoid time
and cost overruns.
The DPRs submitted by APGCL are being
reviewed by the Commission.
Noted. The approved station wise amount by GOA in
the Annual Plan of APGCL for the FY 2014-15 for
execution necessary R&M works are stated below
1. NTPS - Rs. 8.67 Cr
2. LTPS – Rs. 20.19 Cr
3. KLHEP – Rs. 1.56 Cr
Proposed station wise amount in the Annual Plan of
APGCL to GOA for the FY 2015-16 for execution of
necessary R&M works are stated below:
1. NTPS – Rs. 17.80 Cr
2. LTPS – Rs. 38.62 Cr
3. KLHEP – Rs. 7.80 Cr
In this regard, the DPR for FY 2015-16 along with
revised DPR for the FY 2014-15 has already been
submitted vide No. APGCL/CGM (G)/AERC/201314/115/Pt-IX/33 dated 20/12/2014 for the Hon’ble
Commission’s approval
The progress of on-going projects is not
satisfactory and there have been several
delays in most of the projects, especially
NRPP. APGCL should make all out efforts
to complete the on-going projects,
Noted. All out efforts are being made by APGCL for
timely completion of its ongoing projects. APGCL
submits the status of its ongoing projects to the AERC
quarterly.
Assam Power Generation Corporation LimitedPage60 of 229
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Compliance of Old Directives issued in the Tariff Order for 2012 -13 & 2013-14 and New Directives issued in the Tariff Order for 2014-15
Directive
No:
AERC’s Directive
Comments of the Commission in the Tariff
Order for 2014-15
Status as on 31st December 2014
including NRPP, within the stipulated time
to avoidtime and cost overruns.
8
9.
Directive-8: Submission of DPR for Renovation &
Modernisation Schemes
The Commission directs APGCL to include the major
overhauling in the scope of work of Renovation and
Modernisation and submit the Detailed Project
Report with cost benefit analysis for approval of the
Commission.
Directive-9: Capital Cost of Small Hydro Projects
The Commission directs APGCL to submit the
Petition with detailed break-up of the Capital Cost for
approval of the Commission.
APGCL shall submit the DPR for
Renovation and Modernisation activities
for FY 2015-16 along with the APR
Petition for FY 2014-15.
The DPR for FY 2015-16 along with revised DPR for the
FY 2014-15 was submitted vide No. APGCL/CGM
(G)/AERC/2013-14/115/Pt-IX/33 dated 20/12/2014
Noted. The Commission directs APGCL to
submit the Petition for Myntriang
SHEPStage I, Lungnit SHEP and all small
hydro projects in future with detailed
break-up ofthe Capital Cost for approval of
the Commission.
Reply in response to AERC’s letter No.
AERC.447/2014/6 dated 16.05.2014 in respect of
Capital cost of 9 MW Myntriang &6 MW Lungnit
SHEPs was submitted to the AERC vide letter No.
APGCL/CGM
(G)/MYT/13-16/232/Part/Myntriang
Tariff/6 dated 28/10/2014. DPR for 4.5 MW
enhancement of Myntriang SHEP is being prepared and
will be submitted shortly.
NewDirectives
Directive-1: Implementation of on-going Projects
10
in a timely manner
Assam Power Generation Corporation LimitedPage61 of 229
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Compliance of Old Directives issued in the Tariff Order for 2012 -13 & 2013-14 and New Directives issued in the Tariff Order for 2014-15
Directive
No:
AERC’s Directive
Status as on 31st December 2014
Comments of the Commission in the Tariff
Order for 2014-15
Noted. All out efforts are being made by APGCL for
timely completion of its ongoing projects.
1x100MW NRPP:
The Commission isconcerned about thesubstantial
delay in commissioning of theon-going projects,
especially NRPP. The Commission directs APGCL to
make all-outefforts and all necessary steps to avoid
further delay, and to ensure that the projectsare
completed in a timely manner.
Reasons for Delay in commissioning:
 Continuous poor progress of works due to poor
management of site by BHEL’s sub contractors by way
of insufficient machineries &labourers hampered
progress of works.
 Non availability sufficient skilled manpower.
 Weather (In the whole year, only 5 months is
favorable for ground work).
Efforts by APGCL:
 Series of high level meetings and rigorous persuasion
by APGCL including issue of pre- termination notice
forced BHEL to replace the civil contractor.
 All critical areas of works for commissioning on open
cycle mode first have been identified and progress of
works is being reviewed weekly.
 To address any critical technical issues, design
engineers of BHEL are being requisitioned to expedite
the works.
 To make the outside labourers feel comfortable, all
facilities like the following have been provided.
i.
ii.
Labourers’ huts within the protected area of
power plant.
Additional
Security
by
ex-service
man&outsourced security personnel have
Assam Power Generation Corporation LimitedPage62 of 229
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Compliance of Old Directives issued in the Tariff Order for 2012 -13 & 2013-14 and New Directives issued in the Tariff Order for 2014-15
Directive
No:
AERC’s Directive
Status as on 31st December 2014
Comments of the Commission in the Tariff
Order for 2014-15
iii.
iv.
been deployed specially for the project.
24/7 Patrolling is provided.
Entry of unauthorized persons inside the
protected area is restricted.
Due to the efforts taken by APGCL to expedite the
work of NRPP, civil works in all fronts is gaining
momentum now and up to 50% Project Work has been
completed by the end of December’14. The CCGT
project is expected to be commissioned by mid of
2016.
11
12
Directive-2: Filing of complete Petitions
within the scheduled dates
It has been observed that the Petitions are not being
filed on time, and even after filing of the Petitions,
the necessary data and clarifications are not
submitted on time, leading to delays in the tariff
determination process. The Commission directs
APGCL to ensure that the Petitions are filed on time,
and all the necessary data and clarifications are
submitted along with the Petition itself.
Directive-3: Calculation of depreciation in
accordance with the AERC Tariff Regulations
It has been observed that APGCL does not submit the
calculations of depreciation strictly in accordance
with the AERC Tariff Regulations, 2006, and claims
depreciation on assets funded through grants also.
The Commission directs APGCL to ensure that in
subsequent Petitions, the depreciation is computed
strictly in accordance with the AERC Tariff
Regulations, 2006.
The Petition for Revised ARR and Tariff for 2015-16 was
submitted to AERC with due extension on 20 th
December 2014.
The Petition for Revised ARR and Tariff for 2015-16 was
submitted to AERC and the calculations of depreciation
has been calculated as per the norms of AERC
Assam Power Generation Corporation LimitedPage63 of 229
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
8. Investment Plan for FY 2015-16
The projected demand of power of Assam by end of 12th Plan (12-13 to 16-17) is 2293 MW
as per CEA’s 17th EPS. To meet this energy demand to the extent feasible, APGCL, at the
initiative of Govt. of Assam, has emphasized on development of large capacity thermal
power projects based on coal & natural gas available in this region. This would in a way
minimize over dependency on hydro power particularly during lean hydro generation period
and to balance a suitable Thermal & Hydel generation ratio. Further, to harness renewable
source of energy as per policy of GOA for development of SHP, APGCL has identified 37
Nos. of locations in Assam. Process has been initiated for engaging nationally/internationally
reputed professional consultancy to prepare Techno Economic Studies including preparation
of DPRs.
In order to meet the ever growing demand of electricity in the state, APGCL has earmarked
on large investment plan for development of power projects. This will also help in the growth
& profitability of the company.
The additional capacity envisaged after development & implementation of proposed thermal
and hydro-electric power projects in 2015-16 along with proposed investment are shown in
the Tables I & II below.
On implementation of the proposed projects, APGCL will be in a position to mitigate
considerably the shortfall of power in the state of Assam.
Investment Plan Table-I
Name of Power Station
Namrup TPS
Lakwa TPS with WHU
Karbi Langpi HE Project
Myntriang SHE Project
Namrup RPP
Lungnit SHE Project
Lakwa RPP
Gas IC Engine based Cachar PP
Gas IC Engine based Titabor PP
Margherita TPS
Solar PV Project at LTPS
Solar PV Project at NTPS
Lower Kopili HEP
TOTAL
12-13
13-14
14-15
15-16
Installed
Installed Installed Installed
MW
MW
MW
MW
119.5
119.5
119.5
63.5
157.2
157.2
157.2
157.2
100.0
100.0
100.0
100.0
0.0
0.0
3.0
13.5
0.0
0.0
0.0
63.0
Commissioning beyond 2015-16
Commissioning beyond 2015-16
Commissioning beyond 2015-16
Commissioning beyond 2015-16
Commissioning beyond 2015-16
Commissioning beyond 2015-16
Commissioning beyond 2015-16
Commissioning beyond 2015-16
376.7
376.7
379.7
397.2
Assam Power Generation Corporation LimitedPage64 of 229
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Investment Plan Table-II
Investment Proposal for the FY 2015-16
Name of the Project
Sl. No.
Revised Investment for 2015-16
Approved
in the MYT
Total
Govt
GOA
Grant
FI
Order for
Proposed
(Equity) (Loan) (Govt) (Loan)
2015-16
investment
Remarks
Commercial Date of Operation if
Commissioned in 2015-16
Thermal Wing
1
2
R&M of Namrup TPS
R&M of Lakwa TPS
0.00
0.00
3
R&M of KLHEP
0.00
5.38
4
Construction of a new water intake
pump
house
at
Dilli
river
for
consumptive water requirement of
existing
plant
and
Namrup
Replacement Project.
0.00
17.00
5
100 MW Namrup RPP
6
70 MW Lakwa Replacement Power
Project
0.00
277.76
3.80 The DPR for NTPS, LTPS & KLHEP
20.62 for proposed Renovation &
3.80
20.62
Modernisation Works in the FY 1516 has been furnished Vide Letter
No: APGCL/CGM(G)/AERC/20137.80 14/115/Pt-IX/33
dtd 20/12/2014 as directed by the
Hon’ble Commission in its Tariff
Order for 2014-15.
2.42
17.00 New proposal.
160.00
54.90
78.60
Earlier NRPP was expected to be
commissioned
in
2013-14.
However, due to slow progress of
63 MW GT expected to be
160.00 work by the EPC contractor BHEL,
commissioned in August'15
the GT unit of the project is now
expected to be commissioned in
August’15
Earlier LRPP was expected to be
commissioned
in
2015-16.
However,
due
to
delay in
133.50 completion of the bidding process Commissioning beyond 2015-16
for various reasons, the project
work is now expected to start in
2015-16
Assam Power Generation Corporation Limited
Page 65 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
7
8
9
10
30 MW Cachar Distributed Generation
System by Gas IC Engine
EPC contract for 2.0 MW Solar Power
Project at NTPS
EPC contract for 2.0 MW Solar Power
Project at LTPS
Procurement/Acquisition of land for
Titabor Gas Based Power Project
0.00
3.80
0.83 16.86
Due to non establishment of gas
linkage, project work has not been
started. Project work now is
21.49 expected to be started in 2015-16. Commissioning beyond 2015-16
Grant of Rs. 0.83 Cr is for
procurement/acquisition of land for
the project.
0.00
17.00
17.00 New Project
Commissioning beyond 2015-16
0.00
17.00
17.00 New Project
Commissioning beyond 2015-16
0.00
0.49
0.49 New proposal.
Commissioning beyond 2015-16
Hydro Wing
11 13.5 MW Myntriang SHEP
12 6 MW Lungnit SHEP
0.00
8.12
23.50
21.00
13 120 MW Lower Kopili HEP
0.00
14
15
16
17
0.00
0.00
0.00
0.00
0.25
0.25
0.25
0.25
0.00
0.05
21 MW Karbi Langpi Middle Stage-I
24 MW Karbi Langpi Middle Stage-II
12 MW KLHEP Barrage Toe Project
60 MW Karbi Langpi Upper Stage
Installation of deep tube well with
submersible pump set for water supply
18
at BKV Investigation Division Colony,
Jagiroad
Total Proposed Investment
298.76
183.00
249.82
7.00
88.85
Due to delay in project execution, 2X3 MW St-I along with 1X3 MW
the St-I of the project is yet to be enhancement and 1X1.5 MW
31.62
completed. Further, the project has enhancement in St-II is expected to
been enhanced by another 4.5 MW be commissioned in December'15
Project work is at the moment at
halt due to litigations related to
0.00 cancellation of Work Order with Commissioning beyond 2015-16
earlier EPC Contractor due to slow
progress of work
Project work has not started yet
due to delay in obtaining various
clearances.
Project
work
is
190.00
Commissioning beyond 2015-16
expected to be started in the FY
2015-16 with the finance from the
GOA. equity first.
0.25
0.25 Projects are in DPR preparation
Commissioning beyond 2015-16
0.25 stage
0.25
0.05 New proposal.
27.23 255.46
621.36
Assam Power Generation Corporation Limited
Page 66 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Breakup of R&M Plan for FY 15-16 is given in the table below:
Sl
No.
(A)
1
2
3
4
5
6
(B)
7
8
9
Budget
Proposal
Name of Schemes and Approved Outlay
(Rs in
Cr.)
R&M Works under Namrup Thermal Power Station (NTPS)-Govt. Loan:
Replacement of existing 11 KV PILC single core copper cable from
generator terminal to 11KV Unit Transformer of Gas Turbine Unit0.65
3 with XLPE cable along with terminal joints.
Replacement of existing BHEL make AVR at GT Unit-3 with
0.60
microprocessor based AVR.
Replacement of existing Analog AVR for Diesel Generator unit-1 &
0.30
2 of Diesel Power House by new microprocessor based digital AVR.
Procurement & renovation of cooling tower of Steam Turbine unit1.00
5
Procurement & renovation of cooling tower of Steam Turbine unit1.00
6
Procurement of 66 kV, 800 A, double break triple pole gang
0.25
operated rotating centre pole isolating switch.
R&M Works under Lakwa Thermal Power Station (LTPS) - Govt. Loan:
Procurement and up gradation of one number Speedtronic Mark-IV
Control System to Mark- VIe Control System at GT Unit-5 .
Procurement of Plan security measures with CC camera and
accessories.
Repairing of one HT spare motor for gas compressor of Phase-II
Power House.
0.20
0.35
Procurement of Phase-I 132 kV main bus sectionalizing system
with breaker, isolator & electrical panels.
0.33
11
Procurement of Isolators of Phase-1 switchyard is required for
replacement of the existing old isolators.
0.50
12
Procurement of relay of protection systems: i) Numerical relay for
3.3 kV system ii) Numerical relay for 33 kV system iii) Numerical
relay for 132kV system.
0.34
13
Up-gradation of the existing damaged Hydrant fire fighting system
of the Power Plant.
0.75
14
Procurement of Air Filter for Gas Turbine of Phase-II.
0.20
15
Procurement of three (3) numbers motor operated steam valves.
0.15
16
Procurement of one (1) no. new pump motor set for water Intake
along with pipes, valves, cables etc.
0.65
19
20
21
22
23
24
25
Procurement of some major spares of WHRP.
Fire tender with foam and water facility at LTPS .
Procurement of spares for Gas Compressor & air compre4ssor of
Phase-II at LTPS.
Procurement of one no. 300AH, 120 V Battery bank for GT unit- 1
of LTPS
Procurement of spares for GT Starting Diesel Engine of unit#1, #3,
#5 & #6 .
Development of existing colony water supply and WHRP supply
system.
Construction of new departmental quarters for employee:
(a) One Type-V multistoried building with eight (8) blocks.
(b) One Type-VI multistoried building with eight (8) blocks.
1.50
0.45
Repairing of a part of road inside colony at LTPS
Development of the backyard of the new compressor building with
PCC and road
1.20
Assam Power Generation Corporation Limited
3.80
7.00
10
17
18
Total
(Rs. In Cr)
20.62
0.80
0.15
0.20
2.75
1.80
0.60
Page 67 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
26
27
(C)
28
Repairing of Burge at river Suffry at LTPS
0.10
Construction of Master Drain at LTPS
0.60
R&M Works under Karbi Langpi Hydro Electric Project: Govt. Loan
Procurement of one no. 220/33 kV, 25.0 MVA Station Reserve
Transformer with one set of C.T. (220 kV) for KLHPP
4.50
29
Procurement &
30
Procurement for renovation of 33 kV 8(Eight) units indoor Control/
Relay panel having 2 nos. Incomer & 6 nos. outgoing panel.
0.50
31
Procurement for renovation of Firefighting (Hydrant) system with
Ecofriendly system and renewed positioning of piping system.
0.18
(D)
32
R&M Works under Karbi Langpi Hydro Electric Project: Govt. Grant
Repairing of Amtereng Hatidubi Road
1.17
33
34
replacement of Shaft Seal KLHEP Hydro turbine.
Boulder pitching at upstream side of right bank and left bank and
downstream side of right bank at Hatidubi Dam including
construction of stone masonry drain near Hatidubi Dam
Slope stabilization works at the Right Bank (downstream side) and
protection works at the top of landslide zone of Dam site at
Hatidubi Dam, KLHEP
Assam Power Generation Corporation Limited
0.20
0.50
5.38
2.42
0.75
Page 68 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
8.1. The brief Status of proposed on-going & new schemes of APGCL including
R&M and joint venture projects are depicted below:
8.1.1. Renovation & Modernisation (R&M):
In continuation of successful execution of R&M, PH-I, PH-II & PH-III schemes, it has been
proposed for implementation of a comprehensive R&M schemes Phase-IV for LTPS, NTPS
& KLHEP covering the period 2013-14 to 2015-16. The Ph.-IV R&M schemes have been
necessitated in order to ensure maximum reliability and availability of the existing old units
of both LTPS, NTPS & KLHEP to maximize generation. The R&M of power stations has
been considered to be the most attractive economic option for the Company. R&M schemes
are aimed at reducing auxiliary power consumption, and improving PLFs of generating units
by sustaining an efficient and smooth operation of plants.
Hence, keeping in view of the above, a comprehensive R&M Ph.-IV scheme has been
formulated for LTPS, NTPS & KLHEP for implementation during the period of 2013-14 to
2015-16.
The expenditures proposed to be incurred in the FY 15-16 as a part execution of the R&M
Ph.-IV scheme & scope of works in general are mentioned below.
R&M of Lakwa Thermal Power Station (For FY 2015-16):
The R&M scheme has been proposed for the FY 2015-16 at an estimated cost of Rs 20.62 Crore
under the Annual Plan of 2015-16. The scheme comprises of procurement and up gradation of
1. one number Speedtronic Mark-IV Control System to Mark- VIe Control System at GT
Unit-5,
2. procurement of CC cameras and accessories for plant security,
3. Repairing of one HT spare motor for gas compressor of Phase-II Power House,
4. procurement of 132 kV Bus Isolator,
5. Procurement of Isolators of Phase-1 switchyard for replacement of the existing old
isolators,
6. Procurement of relay of protection systems,
7. Up-gradation of the existing damaged Hydrant fire fighting system,
8. Procurement of Air Filter for Gas Turbine of Phase-II,
9. Procurement of three (3) numbers motor operated steam valves,
10. Procurement of one (1) no. new pump motor set for water Intake along with pipes, valves,
cables etc.,
11. Procurement of some major spares of WHRP,
12. Fire tender with foam and water facility at LTPS .
13. Procurement of spares for Gas Compressor & air compre4ssor of Phase-II at LTPS.
14. Procurement of one no. 300AH, 120 V Battery bank for GT unit- 1 of LTPS
15. Procurement of spares for GT Starting Diesel Engine of unit#1, #3, #5 & #6 .
16. Development of existing colony water supply and WHRP supply system,
17. Construction of new departmental quarters for employee,
18. Repairing of a part of road inside colony,
19. Development of the backyard of the new compressor building with PCC and road,
20. Repairing of Burge at river Suffry at LTPS.
21. Construction of Master Drain at LTPS
R&M of Namrup Thermal Power Station (For FY 2015-16):
The R&M scheme has been proposed for the FY 2015-16 at an estimated cost of Rs 3.80 Crore
under the Annual Plan of 2015-16. The scheme comprises of
1. Replacement of existing 11 KV PILC single core copper cable from generator terminal to
Assam Power Generation Corporation Limited
Page 69 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
2.
3.
4.
5.
6.
11KV Unit Transformer of Gas Turbine Unit- 3 with XLPE cable along with terminal
joints,
Replacement of existing BHEL make AVR at GT Unit-3 with microprocessor based
AVR,
Replacement of existing Analog AVR for Diesel Generator unit-1 & 2 of Diesel Power
House by new microprocessor based digital AVR,
Procurement & renovation of cooling tower of Steam Turbine unit-5,
Procurement & renovation of cooling tower of Steam Turbine unit-6,
Procurement of 66 kV, 800 A, double break triple pole gang operated rotating centre pole
isolating switch.
R&M of Karbi Langpi Hydro Electric Project (For FY 2015-16):
The R&M scheme has been proposed for the financial year 2015-16 at an estimated cost of Rs.
7.80 Crore under the Annual Plan of 2015-16. The scheme comprises of
1. Procurement of one no. 220/33 kV, 25.0 MVA Station Reserve Transformer with one set
of C.T. (220 kV),
2. Procurement & replacement of Shaft Seal KLHEP Hydro turbine,
3. Procurement for renovation of 33 kV 8(Eight) units indoor Control/ Relay panel having 2
nos. incomer & 6 nos. outgoing panel,
4. Procurement for renovation of Firefighting (Hydrant) system with Ecofriendly system and
renewed positioning of piping system,
5. Repairing of Amtereng Hatidubi Road,
6. Boulder pitching at upstream side of right bank and left bank and downstream side of
right bank at Hatidubi Dam including construction of stone masonry drain near Hatidubi
Dam.
7. Slope stabilization works at the Right Bank (downstream side) and protection works
at the top of landslide zone of Dam site at Hatidubi Dam, KLHEP
Status of On-going & New Projects of APGCL as on 31/12/2014
Ongoing Projects
A. Thermal Projects
I. 1x100MW Namrup Replacement Power Project (Ph-I):
Present Status:
 After engagement of new Civil agency, M/s Power Mech Projects Ltd., Hyderabad for
balance civil and structural works by BHEL 13-03-14, work has resumed at site and is
in progress.
 BHEL has engaged the earlier mechanical contractor M/s Arun Construction, New
Delhi under M/s NBPPL for balance electro- mechanical works.
 Civil works in all fronts are gaining momentum now.
 MEI erection works have also been started.
 Over all progress of works may be assumed approximately as 50%.
 Expected date of Commissioning of the project is by mid of 2016.
Assam Power Generation Corporation Limited
Page 70 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Financial Progress:
a) Total Project Cost
b) Total fund received
c) Total fund released to the
Implementing Agencies so far
d) Funds utilized so far
Rs. 693.73 Cr
(Equity-30% (GoA) =Rs.208 Cr
Term laon-70% (PFCL) =Rs.485cr)
Rs. 348.0 crore (equity: 208cr & PFCL: 140cr)
Rs. 283.83 crore to BHEL
Rs. 45.29crore to other agencies
Rs. 329.12crore
B. Hydro Projects
I.
Myntriang SHP (3x3 MW St-I &3x1.5 MW St-II = 13.5MW):
Stage II (2 x 1.5 MW) of Myntriang Small Hydro Electric Project was commissioned on 3rd
March, 2014 and Commercial Operation was declared on 08-08-2014.
The overall progress of works in Stage-I (2X3 MW) is 46 %.
The project will be enhanced by another 4.5 MW (1X 1.5 in St-II and 1X 3 in St-I) through
the existing EPC Contractor increasing the total capacity to 13.5 MW from 9 MW.
Additional civil & hydro mechanical works are already being executed through the existing
EPC Contractor as per supplementary agreement.
The balance work of St-I along with the enhancement work is expected to be completed by
December 2015.
STATUS REPORT OF MYNTRIANG SHEP
(STAGE I : 2 x 3.00 MW=6MW)
SL No.
1
Description of Item
Infrastructure
Stage
I
Percentage of progress
95%
2
Concrete weir
I
3
Power Channel
I
86% (Excavation)
28% (Concreting)
82% (Excavation)
36% (Concreting)
4
Forebay
I
5
Cross drainage work
I
100% (Excavation)
60% (Concreting)
50%
6
Saddles & anchor
I
NIL
7
Power House and tail race
I
15% (P.H Area)
8
Supply of hydro mechanical I
equipment
Supply & Erection of Electro I
mechanical equipment
NIL
Penstock fabrication
15%
9
10
I
50%
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
11
Additional Civil and Hydro I
Mechanical works as per
supplementary agreement for
enhancement of power from
9MW (Stage-I: 2x 3.0MW & II
Stage-II: 2x1.5MW) to 13.50
MW (Stage-I: 3x3.0MW &
Stage-II: 3x1.5MW).
15%
99%
II. Lungnit SHP (2x3 MW = 6 MW):
After termination of the EPC contract with M/s P. Das & Co. and M/s Jyoti Ltd for slow
progress of work, APGCL initiated necessary action for bidding process for completion of
the Balance Works of the Project by inviting bids on 04/03/2014 with the date of submission
of tender on 22/04/2014. In response, total 3 (three) nos. of bidders submitted their bids
(Technical). Technical evaluation of the bids has been completed and approval of price bid is
under consideration.However, selection of new EPC contractor is getting delayed due to
litigations. The resumption of Project Work at the earliest is under active consideration by
APGCL.
St-II of Lungnit SHEP is expected to be completed within 20 months and St-I is expected to
be completed within 30 months after the construction is resumed by the new EPC contractor.
New Projects
A. Thermal Projects
I.
70 MW Lakwa Replacement Gas IC Engine Project:
The first four units (15MWX4) of Lakwa Thermal power project have, on average, run for over
twenty five years till date. Being of simple cycle, the heat rates of these units are twice as much as
that of the modern combined cycle plant. It was decided to replace the first four units with a modern
plant with better heat rate.
Present Status
1. Investment Approval from Public Investment Board (PIB), GOA obtained. AIFA In principle
sanctioned equity amount of Rs. 79.2 Crores for equity support.
2. EIA clearance of 70MW LRPP from MOE&F obtained Vide letter no J 13012/21/2012.IA.II
(T) dated 14/10/2013.
3. DPR placed before AERC for approval. AERC in principle approved the DPR on 30/03/2013.
4. For Power Purchased Agreement (PPA) proposal placed before APDCL
5. Aviation Clearance obtained from AAI vide Letter no NER/ATM/2014/ 49E.0000-NOCSRCER 2604-06 dated 10/06/2014.
6.
APGCL incorporated LRPP under Assam power sector enhancement investment project-II of
Asian Development Bank (ADB) for arranging fund (Term Loan).
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
7. Bid documents for Selection of EPC contractor Prepared in consultation with ADB’s
Consultant and “Invitation for Bids (IFB)” sent to ADB on 31/12/2013 for publication in the
ADB business opportunities Websites as advance procurement action. ADB published the
IFB on their business opportunities Websites on 23/01/2014. APGCL uploaded the IFB and
the BID Documents at website www.apgcl.org on 24/01/14 and published the IFB in local
News Paper and National News paper on 25.01.2014. It is to be mentioned that the last date
was extended twice for insufficient participation. Last date of submission of bid documents
and opening of bid documents was on 16th May, 2014.
8. The technical bid was opened on 16-05-14. Only one party “Consortium of Wartsila India Ltd
and Wartsila Finland OY” participated. Price bid was to be opened after approval of the
Technical Bid.
9. Technical Bid evaluation report sent to ADB on 02/08/2014. ADB sought some clarifications
on Technical Bid evolution report, APGCL’s replies to the clarifications on Technical bid
evaluation report was sent to ADB on 04/09/2014.
10. ADB Letter dt 16.10.14 from Mr.YongpingZhai, Director, Energy Division, South Asia,
Asian Development Bank, Manila, addressed to Director, PMU asked APGCL to go for
Rebidding with Approval of Fresh Bid Documents from ADB.
11. APGCL published an Expression of Interest (EOI) on 18/11/2014 to discuss issues to
facilitate broader participation of bidders and manufacturers in the up-coming re-bid for EPC
procurement tender for LRPP.
12. The EOI meeting for LRPP was held on 26/11/2014 at Bijulee Bhawan and seventeen nos of
various company representatives participated in the meeting in presence of ADB’s consultant.
13. Bid documents for Selection of EPC contractor Prepared in consultation with ADB’s
Consultant and “Invitation for Bids (IFB)” send to ADB on 18/12/14 for publication in the
ADB business opportunities Websites as advance procurement action. ADB published the
IFB on their business opportunities Websites on 19/12/2014. APGCL uploaded the IFB and
the BID Documents at website www.apgcl.org on 18/12/14 and published the IFB in local
News Paper and National News paper on 19.12.2014.
14. Pre bid Discussion for Selection of EPC contractor of LRPP will be held on 09/01/2015.
15. Last date of submission of bid documents and opening of bid documents is 30/01/23015.
II. 660 MW Margherita Coal Based Power Project:
Assam Power Generation Corporation Ltd proposes to set up a Coal Based Power Project at village
Saliki NC under MakumMauza of Margherita Sub-Division, Margherita, District Tinsukia, Assam.
The Project site is situated in the vicinity of coal mines of North Eastern Coal Fields of Coal India Ltd
and considered it as a pit head project.
Present Status
 Project capacity has been increased to 660 MW from earlier 500 MW.
 Water drawl permission @3300 cum per hour for 660 MW obtained from the Water
Resources Dept., GOA vide letter No. WR (ED) Tech/5110/05/140 dated 20/09/2014.
 Amended Terms of Reference (TOR) was granted for 1X660 MW project in the meeting with
MOEF on 30/10/14.
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
 Applied for Coal linkage of 1.57 MTPA for proposed 2X250 MW Margherita Power Project
vide letter No. APGCL/CGM (G)/Margherita Project/JV/NTPC/209/39 dated 20/04/2013 to
CEA.
Due to change of configuration to 660 MW, fresh application was made for coal linkage of
1.83 MTPA instead 1.57 MTPA vide letter No. APGCL/CGM (G)/Margherita
Project/JV/NTPC/209/65 dated 18/12/2014.
 The project is proposed to be implemented through JV with NEEPCO. Draft Memorandum of
Understanding has already been approved by APGCL Board of Directors. Approval by
NEEPCO Board of Directors is awaited.
 Consultancy Work Order was earlier awarded to M/s Fichtner India, Chennai for the
preparation of DPR for Supercritical 1X660 MW after bidding process. However, the Terms
and Conditions in the Work Order were not acceptable to Fichtner India, because of which the
work was later awarded to M/s TCE, Bangalore.
III.
Distributed IC Engine for Generation from Gas of OIL/ ONGCL at different locations
of Golaghat&Silchararea:
Titabor PP:The pre-feasibility report (PFR) for Golaghat Project (now renamed as Titabor Power
Project) was prepared. Allotment of Gas allocation is awaited. Meanwhile, ONGCL floated open NIT
for gas fields at Golaghat. APGCL participated in the bidding processwith deviation clauses as per the
approval by the APGCL Board. Tender opening date was 25.10.12.APGCL submitted its bid for two
gas fields of Golaghat district with deviations from terms and conditions laid down by ONGC. ONGC
requested APGCL to withdraw the deviations, which it was unable to do so for the sake of project
viability. After which ONGCL cancelled the Tender. There has been no further progress on the matter
since then.
Meanwhile, APGCL wrote to the Chairman and Managing Director, ONGC and to the Secretary to
Govt. of India, Ministry of Petroleum and Natural gas for additional gas vide letter No. MD / APGCL
/PS / Misc / 2014 / 17 dated 25th July 2014 and MD /APGCL /PS /Misc /2014/30 dated 12th Sept,
2014 respectively to allocate 0.15 MMSCMD of gas available at ONGC gas fields near Golaghat
District to APGCL.
Discussion was also made by MD APGCL with ONGC and MOPNG to allocate the gas available in
the small pockets of gas in that area to APGCL from which around 40 MW (nominal) of power is
proposed to be generated with Gas IC Engine based technology.
Cachar PP:ONGCL retendered for its Bhubandar and Banskadi Gas fields in December’13 in a two
bid system. APGCL took part in the bidding which was closed on 05/05/14. Technical bids were
opened on the same day and APGCL was the sole bidder for Bhubandar gas field and in Banskandi
Gas field other than APGCL only AGCL took part in the bidding. Price Bid for Bhubandar Gas Field
was opened on 07/10/14 and that for Banskandi Field was opened on 07/11/14. APGCL is awaiting
further correspondence from ONGC.
Implementation of Cachar Power Project is strictly dependent on the successful bidding of the
Gas by APGCL from ONGCL.
IV.
60 MW Revival of Chandrapur TPS on coal under JV mode:
Regarding revival of CTPS on coal as alternative fuel through PPP, APGCL, land measuring approx.
67 acres and 6 cusec of water are to be transferred to JV Company i.e. M/s. IAPL on lease as per the
joint venture agreement dtd. 02.02.2010.
Assam Power Generation Corporation Limited
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Present Status:
1. M/s IAPL applied to Ministry of Coal for sanction of 0.2 Million Tonnes Coal linkage.
2. APGCL Board (resolution No. 4 dtd. 31/03/12) approved transfer of 67 acres of land along
with existing water rights to the JV Company M/s IAPL.
3. The draft Lease Deed Agreement for transfer of Land & Buildings of CTPS has already
been finalized with the consent of M/s IAPL and APGCL Board approved the same.
4. Fuel Supply Agreement (FSA) between M/s World Trade Raw Materials Inc, USA (having
selling rights of coal from Indonesia) and M/s IAPL to import coal from Indonesia has been
signed on 8th July'13. Coal from Indonesia will be used till coal linkage from GOI is
obtained.
5. MOU has been signed between M/s IAPL and APDCL on 21 st August’2013 for sale of
power.
6. Ministry of Environment & Forest, GOI has transferred the CTPS revival proposal to
State Level Environment Impact Assessment Authority (SEIAA), GOA as the revival
of CTPS project is a Category-B project and State Level Environment Impact
Assessment Authority, Assam has now been constituted.
7. APGCL/ Commissioner & Secretary, Power, GOA requested State Level Environment
Impact Assessment Authority (SEIAA), GOA for issue of necessary Environmental &
Forest Clearance to the JV Company for implementation of the project without further
delay.Environmental & Forest Clearance is likely to be received soon.
8. Process has been initiated to remove existing Boiler & Auxiliaries of 2x30 MW CTPS units to
make room for new Boilers to be installed by M/s Imperial APGCL Power Limited. The
award of contract for Disposal of Boiler & Auxiliaries of 2x30 MW CTPS units has been
awarded to YashaswiIspat Pvt. Ltd., Guwahati-8. Lifting of scrap materials by the firm is
under progress.
B. Solar PV Projects:
The Government of India had launched Jawaharlal Nehru National Solar Mission(JNNSM) to
promote ecologically sustainable growth while addressing India’s energy security challenge and focus
on setting up an enabling environment for solar technology penetration in the country.
Under this Mission; Ministry of New and Renewable Energy (MNRE) is providing subsidy for
promoting off-grid systems and Decentralised Solar Application scheme:”Operational Guidelines for
Grid Connected roof top and small solar Power plant program”.
APGCL is at present considering the following Solar PV Projects:
Sl. No.
1
2
3
Project Name (APGCL)
Namrup Solar PV Project
Lakwa Solar PV Project
Amguri Solar PV Project
Capacity
(MW)
2
2
60
Status
DPR under preparation
Draft DPR prepared and is under
review
C. Hydro Projects
I.
120 MW Lower Kopili HEP:
1. Revised DPR was submitted to CEA after compliance of observations for Techno-Economic
Clearance in March 2013. After examining the DPR, statutory authorities e.g., Central
Electricity Authority (CEA), Central Water Commission (CWC), Geological Survey of India
(GSI), Central Soil & Materials Research Station (CSMRS) raised certain observations
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
regarding incorporation of some additional information in the DPR. All additional GeoTechnical explorations as suggested by GSI are completed.
2. Environment Impact Assessment (EIA) studies are being carried out by Water and Power
Consultancy Services (WAPCOS) as consultant. Terms of Reference (TOR) for EIA have
been received. Additional studies as stipulated in the TOR are going on. Draft EIA report is
targeted for completion by July’15.
3. As suggested by the Forest Deptt, GOA, the revised forest clearance application has been
uploaded in the website of MOEF. No comments have been received as on 31-12-14.
4. Hydrology, Power potential for (2X55+1X5+2X2.5)=120 MW, Power Evacuation
arrangement, Instrumentation aspects, Geology aspects have been approved by the concerned
Directorates of CWC/CEA and GSI. Clearances received from Ministry of Home Affairs
(MOHA), Ministry of Defense (MOD).
5. Proposal for site specific seismic coefficients has been placed to Foundation Engineering and
Seismic Aspects (FESA) Directorate of CWC for approval of the coefficients by National
Committee on Seismic Design Parameter (NCSDP). The NCSDP meeting will be held on 0901-15.
II. 21 MW KarbiLangpi Intermediate Stage-I, 24 MW KarbiLangpi Intermediate StageIIHEP & 12 MW KarbiLangpi Barrage Toe H.E. Projects :
DPR is being prepared through M/s. LahmeyerInternational India (LII) for
(i)
Karbi Langpi Intermediate stage-I (21MW),
(ii)
Karbi Langpi Intermediate stage-II (24MW) and
(iii)
Karbi Langpi Barrage Toe H.E Project (12MW).
DPR for Karbi Langpi Intermediate St-II has been approved by APGCL Board on 03-12-14.
III. Projects Under Investigation:
APGCL is doing survey and investigation at the following locations:
1) Sunani (KarbiAnglong)
2) Maine (KarbiAnglong)
3) Silbheta (KarbiAnglong)
4) Bonda (Kamrup)
5) Killing (KarbiAnglong)
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Directive issued in Tariff Order for FY 14-15, reply to be furnished along with tariff
Petition for FY 15-16 & APR for FY 14-15
1.
Justification of under generation of Lakwa WHRU leading to higher Gross Station Heat
Rate of LTPS (Combined Cycle)
APGCL collected the details justification regarding under generation of WHRU from LTPS
which has been stated below:
The WHRP was commissioned on 17th January'12 with its 3 (three) HRSG in operation. In
the initial period of STG operation, the sustainable load achieved was around 35-36 MW but
the load started to decrease since May'12 end. On 8th October'12, the performance guarantee
(PG) test was performed by BHEL. During performance guarantee test, the actual load
achieved was 33.52 MW (after voltage & PF correction) which was submitted by BHEL as
per their report number PEMC¬03692. The STG power output after GT exhaust flow and
temperature correction was 35.2 MW. The correction factor of condenser was not accepted
by APGCL.
Considering the above PG test report and as per actual sustainable generation achieved during
one year from commissioning, the most possible STG generation may be taken as 33.5 MW.
It is expected that the present low output of 30.0 MW can be resolved by BHEL after
improving the condenser low vacuum problem. The STG generation has reduced to average
30.0 MW gradually due to drop of condenser vacuum. BHEL technical team has already
visited twice to LTPS to study particularly on the low generation caused by the drop of
condenser vacuum. In view of the above, the decreasing trend of generation of WHRP as
raised by AERC can be improved to the extent of PG test performance of 33.5 MW and not
to that of the design output of 37.2 MW which includes the GT exhaust correction factor. As
per contractual agreement, BHEL is to prove the design output as per approved PG test
procedure which is still to be achieved.
Comments: The design annual generation of WHRU as per approved DPR is 223 MU.
Considering the current performance of WHRU @ 30 MW for the above stated constrain, the
output has been reduced to 180 MU, which is at per with the actual generation of WHRU for
FY 12-13, 13-14 and FY 2014-15 (up to Nov’14). However, it is expected to improve output
of WHRU to the extent of 33.5 MW i.e. annual generation up to 200 MU after taking above
corrective measures as recommended by BHEL. In this connection this may be mentioned
here that as the auxiliary equipment’s consumption remain the same, the reduced output of
the WHRU also attributed to higher APC LTPS (Combined Cycle). Further, for above
reasons the lower output of the WHRU, the Gross Station Heat Rate (GSHR) of LTPS
(Combined Cycle) is also increases as commented by the Hon’ble Commission in the Tariff
Order for FY 2014-15.
2.
Furnishing of DPR for Renovation & Modernisation for NTPS. LTPS & KLHEP along
with APR for FY 15-16
DPR for NTPS, LTPS & KLHEP for proposed Renovation & Modernisation Works
furnished
Vide
Letter
No:
APGCL/CGM(G)/AERC/2013-14/115/Pt-IX/33
dtd 20/12/2014
Assam Power Generation Corporation Limited
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Annexure I
9. Statements of proposed Monthly Generation, Fuel Prices
&Cost of Fuel for FY 2015-16.
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Proposed Monthly Generation for FY 2015-16
STATION
Apr-15
May-15
Jun-15
Jul-15
Aug-15
Sep-15
Oct-15
Namrup TPS 119.5 MW from Apr'15 to Dec'15
Gross Gen. (MU)
44.16
45.63
43.91
45.48
0.00
0.00
0.00
APC @5.5%
2.42
2.50
2.40
2.49
0.00
0.00
0.00
Net Gen. (MU)
41.74
43.13
41.50
42.99
0.00
0.00
0.00
Namrup TPS 63.5 MW with Unit 1, 2 & 6 from Jan'16 to Mar'16 after commissioning of NRPP
Gross Gen. (MU)
0.00
0.00
0.00
0.00
17.37
16.80
21.96
APC @5.5%
0.00
0.00
0.00
0.00
0.96
0.92
1.21
Nov-15
Dec-15
Jan-16
Feb-16
Mar-16
Total
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
179.17
9.81
169.36
21.25
21.96
21.96
20.54
21.96
163.81
1.17
1.21
1.21
1.13
1.21
9.01
Net Gen. (MU)
0.00
Total of Namrup TPS for 2015-16
0.00
0.00
0.00
16.41
15.88
20.75
20.08
20.75
20.75
19.41
20.75
154.80
Gross Gen. (MU)
APC @5.5%
44.16
45.63
43.91
45.48
17.37
16.80
21.96
21.25
21.96
21.96
20.54
21.96
342.98
2.42
2.50
2.40
2.49
0.96
0.92
1.21
1.17
1.21
1.21
1.13
1.21
18.82
Net Gen. (MU)
41.74
43.13
41.50
42.99
16.41
15.88
20.75
20.08
20.75
20.75
19.41
20.75
324.16
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
37.50
1.72
35.77
36.29
1.67
34.62
37.50
1.72
35.77
36.29
1.67
34.62
37.50
1.72
35.77
37.50
1.72
35.77
35.08
1.61
33.46
37.50
1.72
35.77
295.14
13.58
281.57
53.66
55.45
53.66
55.45
55.45
53.66
55.45
60.62
62.64
62.64
58.59
62.64
689.87
3.76
3.88
3.76
3.88
3.88
3.76
3.88
4.24
4.38
4.38
4.10
4.38
48.29
14.94
13.64
10.79
15.43
15.43
14.94
13.77
13.44
15.10
13.77
14.44
15.43
171.12
1.40
1.28
1.01
1.45
1.45
1.40
1.29
1.26
1.42
1.29
1.36
1.45
16.09
68.59
69.09
64.44
70.88
70.88
68.59
69.22
74.06
77.74
76.41
73.03
78.07
861.00
5.16
5.16
4.77
5.33
5.33
5.16
5.18
5.51
5.80
5.68
5.46
5.84
64.38
NRPP 63 MW GT
Gross Gen. (MU)
APC @4.6%
Net Gen. (MU)
157.2 MW Lakwa TPS
LTPS GT Gross Gen.
(MU)
LTPS GT APC @7.0%
(MU)
WHRU Gross Gen. (MU)
WHRU APC @9.4% (MU)
LTPS Gross Gen. (MU)
with WHRU
Total APC @7.5%
with WHRU
Assam Power Generation Corporation Limited
Fuel Cost
(Rs. In Cr.)
67.45
59.80
127.25
75.41
319.26
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LTPS Net Gen. (MU) with
WHRU
100 MW Karbi Langpi HEP
63.43
63.92
59.67
65.55
65.55
63.43
64.04
68.55
71.93
70.73
67.57
72.23
796.62
Gross Gen. (MU)
9.00
19.00
45.00
68.00
74.00
72.00
45.00
21.00
15.00
11.00
5.00
6.00
390.00
APC @ 0.5 %
0.05
0.10
0.23
0.34
0.37
0.36
0.23
0.11
0.08
0.06
0.03
0.03
1.95
Net Gen. (MU)
8.96
18.91
44.78
67.66
73.63
71.64
44.78
20.90
14.93
10.95
4.98
5.97
388.05
0.00
Myntriang Small HEP - Stage II (3 MW + 1.5 MW Enhancement from December'15)
Gross Gen. (MU)
1.59
1.94
1.94
1.94
1.94
1.94
1.94
1.94
2.22
2.12
1.68
1.46
22.68
APC @ 1%
Net Gen. (MU)
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.02
0.01
0.23
1.58
1.92
1.92
1.92
1.92
1.92
1.92
1.92
2.20
2.10
1.66
1.44
22.45
0.00
Myntriang Small HEP - Stage I (6 MW + 3 MW Enhancement - both from December'15)
Gross Gen. (MU)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
5.46
5.43
4.29
3.73
18.91
APC @ 1%
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.05
0.04
0.04
0.19
Net Gen. (MU)
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
5.40
5.38
4.25
3.69
18.72
123.34
135.66
155.29
186.31
201.69
195.63
175.62
154.54
159.87
154.42
139.62
148.71
1930.71
7.64
7.78
7.42
8.18
8.40
8.13
8.35
8.47
8.89
8.74
8.29
8.85
99.14
115.70
127.88
147.88
178.12
193.28
187.50
167.27
146.07
150.99
145.68
131.33
139.87
1831.57
0.00
APGCL
Gross Gen. (MU)
APC @5.1%
Net Gen. (MU)
521.92
Note: Earlier NRPP GT was expected to be commissioned by March'15 and the WHRU by September'15 as per BHEL's target date. However, based on the present
work in progress, the GT unit is now expected to be commissioned in Aug'15 and the Waste Heat Recovery Unit in April'16.
Assam Power Generation Corporation Limited
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Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Projected Gas Price for NTPS/ LTPS
2015-16
Remarks
Namrup Thermal Power Station
A.
Gas supplied by OIL, Duliajan (APM)
1.00
Basic Price (for G.C.V. 10000)/ 1000 SCM
7399.45
2.00
3.00
4.00
Basic Price after adjustment (for G.C.V. 9300 Average)
6881.33
200.00
167.56
7048.90
845.87
7894.77
5.00
B.
1.00
2.00
3.00
Marketing Margin (for NCV 10000) /1000 SCM
Marketing Margin after adjustment (for N.C.V. 8378/1000 SCM)
Total
VAT @ 12 % on above
Total (A)
As per new gas price
implemented from Nov'2014
T.C. for Transportation of the OIL Gas by AGCL
T.C./ 1000 SCM
Fuel surcharge/ 1000 SCM
Total
Service Tax @ 12.36% on TC
Total (B)
Landed price of gas supplied to NTPS (A+B)/ 1000
SCM
417.69
31.76
449.45
51.63
501.08
Yearly escalation 3% on
TC as per agreement.
8395.84
Lakwa Thermal Power Station
A.
Gas supply by GAIL (APM)
1.00
Basic Price (for G.C.V. 10000)/ 1000 SCM
7399.45
2.00
10% Royalty /1000 SCM
Included
Total
7399.45
3.00
Basic Price after adjustment (for G.C.V. 9793 Average)/
1000 SCM
7246.48
4.00
Marketing Margin (for NCV 10000) /1000 SCM
200.00
5.00
Marketing Margin after adjustment (for N.C.V. 8823/1000 SCM)
176.46
6.00
VAT @ 12 % on above
Total (A)
B.
Fixed Monthly Service charge(Rs./ 1000 SCM)
Landed price of gas supply to LTPS by GAIL (A+B)/
1000 SCM
C.
890.75
8313.69
20.66
8334.35
Gas supplied by OIL Duliajan (Non APM)
1.00
Basic Price (for G.C.V. 10000)/ 1000 SCM
12332.42
2.00
Basic Price after adjustment (for GCV 9300 /1000 SCM)
11468.89
3.00
Marketing Margin (for NCV 10000) /1000 SCM
4.00
Marketing Margin after adjustment (for N.C.V. 8378/1000 SCM)
Total
VAT @ 12 % on above
167.56
11636.45
1396.37
Total (C)
13032.83
5.00
As per new gas price
implemented from Nov'2014
As per new gas price
implemented from Nov'2014
200.00
Assam Power Generation Corporation Limited
Page 81 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
D.
T.C for Transportation of OIL gas by AGCL
T.C./ 1000 SCM
651.14
80.48
731.62
Service Tax @ 12.36% on TC
Total
Landed price of gas supply to LTPS by OIL (C+D)/
1000 SCM
Yearly escalation 3% on
TC as per agreement.
13764.45
APGCL’s Projected Fuel cost for FY 2015-16
Cost of Fuel (NTPS) 2015-16
All units of Namrup TPS (From Apr'15Jul'15)
Generation by APM Gas
Gross Generation by APM Gas (MU)
Net Generation by APM Gas (MU)
Gross Heat Rate on GCV basis Kcal/Kwh
Rate of Gas (for GCV 9300 Kcal/CUM) Rs./1000 CUM
Cost of APM Gas (NTPS) in Rs.
Average Gross Calorific of Gas Kcal/CUM
Gas Quantity MMSCM
179.17
169.36
4170.00
7894.77
634276028.77
9300
80.34
Transportation Charge of Gas
TC Rate of Gas Rs. /1000 CUM
Total TC in Rs.
Total cost of Fuel including TC
Say Rs. In Cr.
501.08
40257155.64
674533184.41
67.45
Namrup TPS with Units 1, 2 & 6 after Commissioning of NRPP
GT (From Aug'15-Mar'16)
Generation by APM Gas
Gross Generation by APM Gas (MU)
Net Generation by APM Gas (MU)
Gross Heat Rate on GCV basis Kcal/Kwh
Rate of Gas (for GCV 9300 Kcal/CUM) Rs./1000 CUM
Cost of APM Gas (NTPS) in Rs.
Average Gross Calorific of Gas Kcal/CUM
Gas Quantity MMSCM
163.81
154.80
4044
7894.77
562311019.38
9300
71.23
Transportation Charge of Gas
TC Rate of Gas Rs. /1000 CUM
Total TC in Rs.
Total cost of Fuel including TC
501.08
35689575.51
598000594.90
Say Rs. In Cr.
Total Cost of Gas
59.80
127.25
Total Gross NTPS Generation in 2015-16 (MU)
Total Net NTPS Generation in 2015-16 (MU)
342.98
324.16
Average Fuel Cost Rs./Kwh
Average Fuel Cost Rs./Kwh Sentout
3.71
3.93
NRPP (63 MW GT from Jan'16)
Generation by APM Gas
Assam Power Generation Corporation Limited
Page 82 of 228
Cr.
Cr.
Cr.
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Gross GT Generation by APM Gas (MU)
Net GT Generation by APM Gas (MU)
Gross GT Heat Rate on GCV basis Kcal/Kwh
Rate of Gas (for GCV 9300 Kcal/CUM) Rs./1000 CUM
Cost of APM Gas (NRPP) in Rs.
Average Gross Calorific of Gas Kcal/CUM
Gas Quantity MMSCM
Transportation Charge of Gas
TC Rate of Gas Rs. /1000 CUM
Total TC in Rs.
Total cost of Fuel including TC
Say Rs. In Cr.
NRPP Fuel Cost Rs./Kwh
NRPP Fuel Cost Rs./Kwh Sentout
295.14
281.57
2830
7894.77
709062012.33
9299.79
89.81
501.08
45003781.47
754065793.80
75.41
2.55
2.68
Cost of Fuel (LTPS) 2015-16
LTPS Fuel Cost Rs./Kwh
Lakwa TPS with Waste Heat Unit
Gross GT Generation by GAIL Gas (MU)
Net GT Generation by GAIL Gas (MU)
Gross GT Heat Rate on GCV basis Kcal/Kwh
Average GCV of GAIL Gas Kcal/CUM
GAIL Gas Quantity MMSCM
Rate of Gas of GAIL Rs./1000 CUM
Rate of GAIL Service Charge of transportatrion of Gas Rs./1000
CUM
Total Rate of Gas of GAIL Rs./1000 CUM
Cost of APM Gas (GAIL) in Rs. (A)
(B) Generation by Non-APM Gas from OIL
Gross GT Generation by OIL Gas (MU)
Net GT Generation by OIL Gas (MU)
Gross GT Heat Rate on GCV basis Kcal/Kwh
Average GCV of OIL Gas Kcal/CUM
OIL Gas Quantity MMSCM
Rate of Gas of OIL Rs./1000 CUM
Cost of Non-APM Gas (OIL) in Rs.
TC Rate of Gas of OIL Rs. /1000 CUM
Total TC in Rs.
Total Fuel Cost for OIL Gas (B)
Total Fuel Cost of LTPS (A) + (B)
Say Rs. In Cr.
Waste Heat Unit 8 Gross Generation (MU)
Waste Heat Unit 8 Net Generation (MU)
Total Gross Generation LTPS (MU)
Total Net Generation LTPS (MU)
Average LTPS Fuel Cost Rs./Kwh
Average LTPS Fuel Cost Rs./Kwh Sentout
Assam Power Generation Corporation Limited
357.54
332.51
4010.00
9793
146.40
8313.69
20.66
8334.35
1220148728.01
332.33
309.07
4010.00
9300
143.30
13032.83
1867604279.30
731.62
104841013.18
1972445292.49
3192594020.50
319.26
171.12
155.04
861.00
796.62
3.71
4.01
Page 83 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Annexure II
10.
Abstract of Technical Data for FY 2015-16
Assam Power Generation Corporation Limited
Page 84 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Abstract of Technical Data PertainingtoAPGCL(2015-16)
Name of the Power Station
Namrup TPS
(From Apr'15 to Jul'15)
Capacity Availability
(MW)
Factor (%)
PLF%
Gas
Source
OIL
APM
OIL
44.1%
APM
119.50
54.2%
63.50
46.6%
105.50
50.6%
47.8%
NRPP 63 MWGT (From Aug'15 to
Mar'16)
63.00
83.9%
80.0%
Lakwa WHRP
37.20
57.8%
52.4%
70.4%
GAIL
APM
65.4%
OIL
Non-
Namrup TPS (U 1, 2 & 6)
(From Aug'15 to Mar'16)
NTPS Total
Lakwa TPS (GT)
120.00
Total LTPS with WHRP
157.20
67.9%
Karbi Langpi HEP
100.00
90%
4.50
Myntriang SHEP
Stage-II
Myntriang SHEP
Stage-I
Total APGCL
51.2%
OIL
APM
62.8%
Gross
(MU)
%APC
APC(MU)
Station Heat
GCV of
Gas
Total Gas Sp. Gas
Rate on GCV
Net (MU) Gas Kcal/ Availability Cons.
(SCM/
Fuel cost (Rs.)
Basis
SCM (mscmd) (mscm) Kwh)
(Kcal/ Kwh)
TC(Rs.)
Cost of Cost of
fuel
fuel
(Rs./ (Sent out)
Kwh) (Rs./ Kwh)
179.17
5.5%
9.81 169.36
9300
0.66
80.34 0.4484
4170
634276029
40257156
674533184
3.76
3.98
163.81
5.5%
9.01 154.80
9300
0.29
71.23 0.4348
4044
562311019
35689576
598000595
3.65
3.86
342.98
5.5%
18.82 324.16
9300
0.57 151.57 0.4419
4110 1196587048
75946731 1272533779
3.71
3.93
295.14
4.60%
13.58 281.57
9300
0.37
89.81 0.3043
2830
45003781
2.55
2.68
171.12
9.40%
16.09 155.04
9793
0.40
146.40 0.4095
4010 1220148728
7.00%
48.29 641.58
9300
0.39
143.30 0.4312
4010 1867604279 104841013 1972445292
3.71
4.01
357.54
332.33
861.00
7.48%
44.5% N/A
390.00
0.50%
1.95
388.05
91%
80.9% N/A
22.68
1.00%
0.23
22.45
9.00
91%
80.7% N/A
18.91
1.00%
0.19
18.72
397.20
72.3%
1930.71
5.13%
59.5%
Total Fuel cost
(Rs.)
64.38 796.62
99.14 1831.57
709062012
754065794
0 1220148728
9549
0.79 289.70 0.3365
3213 3087753007 104841013 3192594020
9436
2.11 531.08 0.4105
3873 4993402068 225791526 5219193594
Assam Power Generation Corporation Limited
2.70
2.85
Page 85 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Annex-III
11. Various data as per Specified formats of Hon’ble Commission.
List of formats for which data has/ has not been furnished in this Petition
Formats for which data
have been submitted
F-1,F-2,F-3, F-5, F-6, F-7, F-11, F-12, F-14, F15, F-16, F-17
Formats which are found not to be
relevant
F-4, F-8, F-9, F-10, F-13
Assam Power Generation Corporation Limited
Page 86 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-1
SUMMARY SHEET
Name of the Company
Assam Power Generation Corporation Limited
Name of the Power Station
State
District
Assam
Tariff Period From 01-04-2013 To 31-03-2016
S.No.
Particulars
(1)
(2)
1. Calculation of Fixed
Charges (Rs. Crs)
1.10 Depreciation [FROM-11 ]
1.20 Interest on Loan [FROM-12 ]
1.30
Return on Equity
1.40
Taxes on income
1.50
Interest on Working Capital [FROM-14 ]
1.60
O & M Expenses [FROM-15 ]
1.70
1.80
Other Finance Charges
Less other Income
1.90 Prior Period Items
2013-14
2014-15
2015-16
(3)
(4)
(5)
25.66
32.81
48.21
31.23
29.56
49.45
38.59
0.45
40.39
0.93
58.96
0.93
22.32
120.56
26.03
121.14
30.83
168.67
0.05
-10.60
-10.07
0.05
-10.60
6.43
-10.60
R&M Expenses approved vide letter No. AERC
1.91 442/2014/15 "Order on Review Petition on Tariff
26.73
Order for FY 13-14" dated 08.07.2014
Total
2. Calculation of Rate of Energy Charge(Rs./kWh)
Rate of Energy Charge from Primary Fuel (REC)p
2.20
Rate of Energy Charge from Secondary Fuel (REC)
Rate of Energy Charge ex-bus (REC)
###
###
3B
3C
2
2.10
2.30
3A
1
3A,3B,3C
218.19
240.31
379.61
During
Stabiliz
ation
2.22
2.68
After
Stabilizati
on
2.85
0.00
0.00
0.00
2.22
2.68
2.85
Details of calculations to be furnished. If accounts of the company for
more than one year i.e previous year, have not been audited, information
as per this format may be furnished for such year(s) separately.
If multi-fuel is used simultaneously; five 2.1 is respect of every fuel
individually.
The rate of energy charge shall be computed for open cycle operation
and combined cycle operation separately in case of gas/liquid fuel fired
plants
The total energy charge shall be worked out based on ex-bus energy
schedule to be sent out in case of plants covered by ABT, and ex-bus
energy delivered sent out in case of plants not covered by ABT, as the
case may be.
Any escalation in fuel cost to be considered for subsequent years or FPA
to take care of the escalation.
PETITIONER
Assam Power Generation Corporation Limited
Page 87 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-2
Plant Characteristics
Nam e of the Com pany
Assam Pow er Generation Corporation Ltd
Nam e of the Pow er Station
Nam rup Therm al Pow er Station
Basic characteristics of the plant 1
(I) 4 Gas Turbines
(II) 1 Gas Fired Steam Turbine
(III)1 Waste Heat Recovery Unit
Fuel type 2
Natural Gas
Module num ber of Unit num ber
Details
Rated Capacity (MW)
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
23
23
23
12.5
30
22.5
Apr - 65 Apr - 65 Apr - 65 Sep - 75 Apr - 76
Date of synchronization
Mar - 85
Date of entry into commercial operation
11.25
(Single Boiler)
Apr - 65 Apr - 65 Apr - 65 Sep - 75 Apr - 76
Apr - 90
Date of stabilisation
Apr - 65 Apr - 65 Apr - 65 Sep - 75 Apr - 76
Capacity at the date of synchronization
23
23
23
12.5
30
Apr - 90
Capacity at the date of stabilisation
23
23
23
12.5
24
15
Derated Capacity (MW)
20
21
21
11
24
22.5
Has any performance test been performed
No
No
No
No
No
No
NOT APPLICABLE
If yes,capacity at test
Type of cooling systen for condenser 3
Type of Boiler Feed pump
4
-
-
-
Type of cooling system for electric generator 5 HydrogenHydrogen Hydrogen
Any other special feature 6
-
-
Air
-
-
Has the station received any notice or shut dow n the pow er station of penalty
imposed for violation of any environmental standard by the Central/State Statutory
Authorities
Water
Water
BF-20
WEIR
Air
BF-20 WEIR
Make
Air
Could
not be
loaded
upto
rated
Could not be
loaded upto
rated capacity
No
If yes, furnish full details
1
Describe the basic characteristics of the plant e.g. in the case of a coal based plant w hether it is a
conventional steam generator or circulating fluidized bed combustion generator or sub-critical once through
steam
generator etc.
2
Coal or natural gas or naphta or lignite etc.
3
Closed circuit cooling, once through cooling,sea cooling etc.
4
Motor driven, Steam turbine deriven etc.
5
Air cooled, w ater cooled, hydrogen cooled etc.
6
Any special feature such as merry-go-round, scrubbers etc.Specify all such features.
PETITIONER
Assam Power Generation Corporation Limited
Page 88 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-3
Normative Parameters
Name of the Company
: Assam Power Generation Corp. Ltd.
Name of the Power Station
: Namrup Thermal Power Station
Particulars
Target Availability (Gross Generation in
MU)
Target Availability (%)
FY 2012-13
Last Audited
Year
2013-14
Current Year
2014-15
Ensuing Year
2015-16
533.17
526.58
591.66
342.98
54%
51%
51%
61.7%
50%
62.6%
Normative PLF (%)
57%
48%
Auxilary consumption(%)
5.6%
6.0%
5.8%
5.5%
4093
3976
4056
4562
4773
5405
5484
4429
Gross Station Heat Rate on GCV
k.Cal/kWh
Hours of operation at Target Availability
Hours of operation at Target PLF
Sp. Gas consumption (SCM/kWh)
4459
4362
4993
4186
0.4458
0.4290
0.4254
0.4419
O& M Charges (% of CC for plants less
than 5 years old)
(Based on actuals for plants more than 5
years
Coal stock expense in months for working
capital (WC)
Oil stock in months for WC
Spares stock for WC as % of O&M
Receivables in Months for WC
Rate of Return on Equity (%)
PETITIONER
Assam Power Generation Corporation Limited
Page 89 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-2
Plant Characteristics
Nam e of the Com pany
Assam Pow er Generation Corporation Ltd
Nam e of the Pow er Station
Lakw a Therm al Pow er Station
Basic characteristics of the plant 1
Gas Turbine
Fuel type 2
Natural Gas
Module num ber of Unit num ber
Details
Unit 1
Unit 2
Unit 3
Unit 4
Unit 5
Unit 6
Unit 7
15
15
15
15
20
20
20
Rated Capacity (MW)
30-07-83 26-04-81 02-08-81 28-11-86 03-01-94 26-07-94 24-05-99
Date of synchronization
Capacity at the date of synchronization
15
15
15
15
20
20
20
Date of entry into commercial operation 30-07-83 26-04-81 02-08-81 28-11-86 03-01-94 26-07-94 24-05-99
02-08-83 29-04-81 05-08-81 01-12-86 06-01-94 29-07-94 27-05-99
Date of stabilisation
15
Capacity at the date of stabilisation
Has any performance test been performed Yes
15
If yes,capacity at test
-
Type of cooling systen for condenser 3
-
Type of Boiler Feed pump 4
Type of cooling system for electric generatorAir
Any other special feature 6
Unit 8
37.2
17.08.11
11
(w ith 1 HRSG)
17-01-12
17.01.12
15
15
15
20
20
20
33
Yes
Yes
Yes
Yes
Yes
Yes
Yes
15
15
15
20
20
20
-
-
-
-
-
-
-
Water
-
-
-
-
-
-
Air
Air
Air
Air
Air
Air
Kirloskar (325 KW,
53 CUM/Hr)/Sulzer
(9.5 KW, 13.5
CUM/Hr)
Air
Scrubbers Scrubbers Scrubbers Scrubbers Scrubbers Scrubbers Scrubbers
Has the station received any notice or shut dow n the pow er station of penalty
imposed for violation of any environmental standard by the Central/State Statutory
Authorities
No
If yes, furnish full details
1
Describe the basic characteristics of the plant e.g. in the case of a coal based plant w hether it is a conventional steam generator or
circulating fluidized bed combustion generator or sub-critical once through steam generator etc.
2
Coal or natural gas or naphta or lignite etc.
3
Closed circuit cooling, once through cooling,sea cooling etc.
4
Motor driven, Steam turbine deriven etc.
5
Air cooled, w ater cooled, hydrogen cooled etc.
6
Any special feature such as merry-go-round, scrubbers etc.Specify all such features.
PETITIONER
Assam Power Generation Corporation Limited
Page 90 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-3
Normative Parameters
Name of the Company
: Assam Power Generation Corp. Ltd.
Name of the Power Station
: Lakwa Thermal Power Station with WHRU
FY 201213
Particulars
Target Availability (Gross Generation in
MU)
Target Availability (%)
Normative PLF (%)
Auxilary consumption(%)
Gross Station Heat Rate on GCV
k.Cal/kWh
Hours of operation at Target Availability
Hours of operation at Target PLF
Sp. Gas consumption (SCM/kWh)
Last
Audited
Year
2013-14
Current
Year
2014-15
Ensuing Year
2015-16
888.00
896.15
935.30
861.00
73%
86.1%
78.4%
68%
64%
65%
68%
63%
11.5%
8.8%
8.6%
7.5%
3066
3164
3058
3213
6395
7542
6868
5946
5606
5703
5957
5506
0.3219
0.3303
0.3088
0.3365
O& M Charges (% of CC for plants less
than 5 years old)
(Based on actuals for plants more than 5
years
Coal stock expense in months for working
capital (WC)
Oil stock in months for WC
Spares stock for WC as % of O&M
Receivables in Months for WC
Rate of Return on Equity (%)
PETITIONER
Assam Power Generation Corporation Limited
Page 91 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-2
Plant Characteristics
Name of the Company
Assam Power Generation Corporation Ltd
Name of the Power Station
Karbi Langpi HEP
Basic characteristics of the plant 1
(I)
Fuel type 2
NIL
Details
2 WaterTurbines
Module number of Unit number
Unit 1
Unit 2
Rated Capacity (MW)
Date of synchronization
Capacity at the date of synchronization
Date of entry into commercial operation
Date of stabilisation
Capacity at the date of stabilisation
Has any performance test been performed
If yes,capacity at test
Type of cooling systen for condenser 3
50
31-01-07
50
06-04-07
06-04-07
50
Yes
50
Not applicable
50
20-03-07
50
06-04-07
06-04-07
50
Yes
50
Not applicable
Type of Boiler Feed pump 4
Not applicable
Not applicable
Air
Air
-
-
Type of cooling system for electric generator 5
Any other special feature 6
Has the station received any notice or shut down the power station of penalty imposed for
violation of any environmental standard by the Central/State Statutory Authorities
If yes, furnish full details
1
Describe the basic characteristics of the plant e.g. in the case of a coal based plant whether
it is a conventional steam generator or circulating fluidized bed combustion generator or sub2
Coal or natural gas or naphta or lignite etc.
3
Closed circuit cooling, once through cooling,sea cooling etc.
4
Motor driven, Steam turbine deriven etc.
5
Air cooled, water cooled, hydrogen cooled etc.
6
Any special feature such as merry-go-round, scrubbers etc.Specify all such features.
PETITIONER
Assam Power Generation Corporation Limited
Page 92 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-3
Normative Parameters
Name of the Company
: Assam Power Generation Corp. Ltd.
Name of the Power Station
: Karbi Langpi HEP
Particulars
Target Availability (Gross Generation in
MU)
Target Availability (%)
FY 201213
Last
Audited
Year
2013-14
Current Year
2014-15
Ensuing
Year
2015-16
344.02
422.51
366.98
390.00
93%
91.5%
92.6%
90%
Normative PLF (%)
39%
48%
42%
45%
Auxilary consumption(%)
0.5%
0.5%
0.5%
0.5%
Gross Station Heat Rate on GCV
k.Cal/kWh
Hours of operation at Target Availability
N/A
N/A
N/A
N/A
8103
8015
8112
7924
Hours of operation at Target PLF
3425
4205
3679
3900
Sp. Gas consumption (SCM/kWh)
O& M Charges (% of CC for plants less
than 5 years old)
(Based on actuals for plants more than 5
years
Coal stock expense in months for working
capital (WC)
Oil stock in months for WC
Spares stock for WC as % of O&M
Receivables in Months for WC
Rate of Return on Equity (%)
PETITIONER
Assam Power Generation Corporation Limited
Page 93 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-5
Statement of Project Cost Upto (COD)
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
Lower Kopili HEP
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
1.21
1.22
1.23
1.24
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
BOP Electrical & C & I
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
Equipment
Initial spares
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
Erection Testing and
commissioning
Procurement &
Management fee
Installation & Engineering
Estab./Construction
supervision
Training
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 94 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1.25
1.26
2.0
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
Start up fuel
Shared Facilities costs
Taxes and Duties
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expences
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
Name of the Power Station
1275.00
195.00
1470.00
13.5 Myntriang SHEP
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
BOP Electrical & C & I
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
Equipment
Initial spares
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
Erection Testing and
commissioning
Procurement &
Management fee
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 95 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1.18
1.19
1.20
1.21
1.22
1.23
1.24
1.25
1.26
2.0
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
Installation & Engineering
Estab./Construction
supervision
Training
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
Start up fuel
Shared Facilities costs
Taxes and Duties
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expences
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
Note:
Details of Functional
Assets Created on
Capitalization
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery
Lines & Cable Network
Vehicles
Furniture & fixtures
Office equipment
Capital spares at
generating stations
Total:
Name of the Power Station
134.83
12.45
147.28
11.12
1.63
40.45
13.52
76.75
3.81
0.00
0.00
0.00
0.00
147.28
Lungnit SHEP
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 96 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
1.21
1.22
1.23
1.24
1.25
1.26
2.0
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
BOP Electrical & C & I
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
Equipment
Initial spares
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
Erection Testing and
commissioning
Procurement &
Management fee
Installation & Engineering
Estab./Construction
supervision
Training
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
Start up fuel
Shared Facilities costs
Taxes and Duties
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expences
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
50.81
4.80
55.61
Note:
Assam Power Generation Corporation Limited
Page 97 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Details of Functional
Assets Created on
Capitalization
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery
Lines & Cable Network
Vehicles
Furniture & fixtures
Office equipment
Capital spares at
generating stations
Total:
Name of the Power Station
1.48
1.35
20.33
1.96
29.27
1.13
0.00
0.06
0.03
0.00
55.61
KLHEP (Intermediate Stage-I)
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
BOP Electrical & C & I
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
Equipment
Initial spares
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
Erection Testing and
commissioning
Procurement &
Management fee
Installation & Engineering
Estab./Construction
supervision
Training
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 98 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1.21
1.22
1.23
1.24
1.25
1.26
2.0
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
Start up fuel
Shared Facilities costs
Taxes and Duties
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expences
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
Name of the Power Station
191.62
18.38
210.00
KLHEP (Intermediate Stage-II)
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
BOP Electrical & C & I
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
Equipment
Initial spares
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 99 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1.16
1.17
1.18
1.19
1.20
1.21
1.22
1.23
1.24
1.25
1.26
2.0
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
Erection Testing and
commissioning
Procurement &
Management fee
Installation & Engineering
Estab./Construction
supervision
Training
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
Start up fuel
Shared Facilities costs
Taxes and Duties
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expenses
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
Name of the Power Station
228.12
21.88
250.00
KLHEP Barrage Toe Project
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
BOP Electrical & C & I
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 100 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
1.21
1.22
1.23
1.24
1.25
1.26
2.0
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
Equipment
Initial spares
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
Erection Testing and
commissioning
Procurement &
Management fee
Installation & Engineering
Estab./Construction
supervision
Training
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
Start up fuel
Shared Facilities costs
Taxes and Duties
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expences
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
Name of the Power Station
173.37
16.63
190.00
Namrup Replacement Power Project
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
1.1
1.2
1.3
1.4
1.5
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 101 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
1.21
1.22
1.23
1.24
1.25
1.26
2.0
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
BOP Electrical & C & I
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
Equipment
Initial spares
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
Erection Testing and
commissioning
Procurement &
Management fee
Installation & Engineering
Estab./Construction
supervision
Training
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
Start up fuel
Shared Facilities costs
Taxes and Duties
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expences
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
Note:
Details of Functional
Assets Created on
Capitalization
Land & Rights
Buildings
Hydraulic
614.73
79.00
693.73
0.00
0.00
0.00
Assam Power Generation Corporation Limited
Page 102 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Other civil works
Plant & Machinery
Lines & Cable Network
Vehicles
Furniture & fixtures
Office equipment
Capital spares at
generating stations
Total:
Name of the Power Station
31.72
643.92
1.30
0.00
5.60
0.00
11.19
693.73
Lakwa Replacement Power Project
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
1.21
1.22
1.23
1.24
1.25
1.26
2.0
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
BOP Electrical & C & I
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
Equipment
Initial spares
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
Erection Testing and
commissioning
Procurement &
Management fee
Installation & Engineering
Estab./Construction
supervision
Training
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
Start up fuel
Shared Facilities costs
Taxes and Duties
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 103 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expences
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
282.65
55.59
338.24
Note:
Details of Functional Assets Created on
Capitalization
Civil works
16.50
Plant & Machinery
253.88
Contingency
7.68
Env. Management
Planning
2.20
Overhead Charges
2.39
IDC & FC
55.59
Total:
338.24
Name of the Power Station
Margherita Thermal Power Project
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
1.1
1.2
1.3
1.4
1.5
1.6
1.7
1.8
1.9
1.10
1.11
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
BOP Electrical & C & I
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
Equipment
Initial spares
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 104 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
1.21
1.22
1.23
1.24
1.25
1.26
2.0
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
Erection Testing and
commissioning
Procurement &
Management fee
Installation & Engineering
Estab./Construction
supervision
Training
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
Start up fuel
Shared Facilities costs
Taxes and Duties
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expences
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
Name of the Power Station
3072.70
493.30
3566.00
Cachar Distributed Generation System by
Gas IC Engine
Cost in Rs. Crore2
Sl.
No.
(1)
1.0
1.1
1.2
1.3
1.4
1.5
1.6
Break Down1
(2)
Cost of Land, Works,
Plant &
Equipment, service
Land & Preliminary
Investigation
Site Development
Steam Generator Island
Tribune Generator Island
BOP Mechanical
BOP Electrical & C & I
As per
Original
Approved
(3)
Completed
Cost as on
COD
(4)
Variation
Reasons
for
Variation
Admitted
Cost3
(5)
(6)
(7)
Assam Power Generation Corporation Limited
Page 105 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1.7
1.8
1.9
1.10
1.11
1.12
1.13
1.14
1.15
1.16
1.17
1.18
1.19
1.20
1.21
1.22
1.23
1.24
1.25
1.26
2.0
2.10
2.20
3.0
3.1
3.2
3.3
3.4
3.5
3.6
3.7
4.0
5.0
6.0
7.0
External water supply
system
External coal transportation
system
Rolling stock and
locomotives
Ash disposal Plant &
Equipment
Initial spares
Civil Woks
Ash disposal area
development
Township & Colony
Temp. construction &
enabling works
Erection Testing and
commissioning
Procurement &
Management fee
Installation & Engineering
Estab./Construction
supervision
Training
Construction Insurance
Tools & Plants
Acess and diversion Road
Operators training
Start up fuel
Shared Facilities costs
Taxes and Duties
Custom Duty
Other Taxes & Duties
Overheads
Development expenses
Legal fee etc.
Eastablishment
Owners Engg.Expenses
Pre-operative expences
Audit & Accounts
Contingency
Project cost without IDC
& FC
4
IDC & FC
Project cost including
IDC & FC
Working Capital Margin
146.14
16.82
162.96
1
The break down shown here is only illustrative for a Coal/lignite based project.In case of Gas/Liquid fuel
based projects,
break down in similar manner in the relevant heads applicable for such plants may be furnished. The
petitioners may vary the
break down incase of need.As far as possible the breakdown given here are to be adhered to.
2
If there are any iteams,which need to be shown in Indian Rupee and foreign currency(ies), the same should
be shown
Assam Power Generation Corporation Limited
Page 106 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
separatly alongwith the currency, the exchange rate and the date e.g. Rs.80 Cr+US$50m=Rs.280Cr atUS
$=Rs.40 as on say 4.1.1999.
3
In case the project has been completed and any tariff notification(s) has already been issued in the past by
AERC, fill
column 7 giving the cost as admitted by-(name of the authority) for the purpose of tariff notification already
issued (enclose copy of tariff order).
4
If IDC has not been maintained separately and forms part of column 4, give a foot note accordingly.
PETITIONER
FORM-6
Final Package upto COD/ Transfer Scheme
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
Lower Kopili HEP
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
1470.00
2
Debt: Equity Ratio as per transfer
scheme
(1)
State Govt.
Loan
PFC Loan
Public Bond
Others
MNRE
NABARD
New Loan
Total Loans
Grants
Equity
Foreign
Domestic
(Govt.)
Total Equity
Financial Package as
Approved
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
(5)
As Admitted on COD
Currency and Amount
(6)
1020.00
1020.00
450.00
450.00
Assam Power Generation Corporation Limited
Page 107 of 228
(7)
3
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
13.5 MW Myntriang SHEP
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
147.28
2
Debt: Equity Ratio as per transfer
scheme
Financial Package as
Approved
(1)
State Govt.
Loan
PFC Loan
Public Bond
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
As Admitted on COD
Currency and Amount
(5)
(6)
39.82
Total Loans
Grants
39.82
NABARD
MNRE
State Govt.
Equity
Foreign
Domestic
Total Equity
46.14
15.75
1.97
43.59
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
Lungnit SHEP Stage I & Stage II
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
55.00
2
Assam Power Generation Corporation Limited
Page 108 of 228
(7)
3
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Debt: Equity Ratio as per transfer
scheme
(1)
State Govt.
Loan
PFC Loan
Public Bond
Others
Financial Package as
Approved
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
(5)
As Admitted on COD
Currency and Amount
(6)
3
(7)
2.00
30.50
32.50
Total Loans
Grants
NEC
MNRE
Total Grants
Equity
Foreign
Domestic
Total Equity
4.50
18.00
22.50
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
Namrup Replacement Power Project
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
693.73
2
Debt: Equity Ratio as per transfer
scheme
(1)
State Govt.
Loan
PFC Loan
NEC
MNES
NABARD
Public Bond
Financial Package as
Approved
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
(5)
As Admitted on COD
Currency and Amount
(6)
13.98
486.00
Assam Power Generation Corporation Limited
Page 109 of 228
(7)
3
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Total Loans
499.98
Grants
193.75
Equity
Foreign
Domestic
Total Equity
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
KLHEP (Intermediate Stage-I)
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
210.00
2
Debt: Equity Ratio as per transfer
scheme
(1)
State Govt.
Loan
PFC Loan
NEC
MNES
NABARD
New Loans
Total Loans
Financial Package as
Approved
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
(5)
As Admitted on COD
Currency and Amount
(6)
147.00
147.00
Grants
Equity
Foreign
Domestic(Govt.)
Total Equity
63.00
63.00
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
KLHEP (Intermediate Stage-II)
Assam Power Generation Corporation Limited
Page 110 of 228
(7)
3
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
250.00
2
Debt: Equity Ratio as per transfer
scheme
(1)
State Govt.
Loan
PFC Loan
NEC
MNES
NABARD
New Loans
Total Loans
Financial Package as
Approved
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
(5)
As Admitted on COD
Currency and Amount
(6)
3
(7)
175.00
175.00
Grants
Equity
Foreign
Domestic(Govt.)
Total Equity
75.00
75.00
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
KLHEP Barrage Toe project
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
190.00
2
Debt: Equity Ratio as per transfer
scheme
(1)
State Govt.
Loan
PFC Loan
NEC
Financial Package as
Approved
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
(5)
Assam Power Generation Corporation Limited
As Admitted on COD
Currency and Amount
(6)
Page 111 of 228
(7)
3
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
MNES
NABARD
New Loans
Total Loans
133.00
133.00
Grants
Equity
Foreign
Domestic(Govt)
Total Equity
57.00
57.00
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
Cachar Distributed Generating System
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
162.96
2
Debt: Equity Ratio as per transfer
scheme
(1)
State Govt.
Loan
PFC Loan
NEC
MNES
NABARD
New Loans
Total Loans
Financial Package as
Approved
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
(5)
As Admitted on COD
Currency and Amount
(6)
114.07
114.07
Grants
Equity
Foreign
Domestic (Govt)
Total Equity
48.89
48.89
Name of the Company
Assam Power Generation Corporation
Assam Power Generation Corporation Limited
Page 112 of 228
(7)
3
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Limited
Name of the Power Station
Lakwa Replacement power project
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
338.24
2
Debt: Equity Ratio as per transfer
scheme
(1)
State Govt.
Loan
PFC Loan
NEC
MNES
NABARD
New Loans
Total Loans
Financial Package as
Approved
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
(5)
As Admitted on COD
Currency and Amount
(6)
265.10
265.10
Grants
Equity
Foreign
Domestic
(Govt.)
Total Equity
73.14
73.14
Name of the Company
Assam Power Generation Corporation
Limited
Name of the Power Station
Margherita TPP
1
Project Cost as on COD
or as per transfer scheme
Date of Commercial Operation
3566.00
2
Debt: Equity Ratio as per transfer
scheme
Assam Power Generation Corporation Limited
Page 113 of 228
(7)
3
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
(1)
State Govt.
Loan
PFC Loan
NEC
MNES
NABARD
New Loans
Total Loans
Financial Package as
Approved
Currency and
3
Amount
(2)
(3)
Financial as on COD
Currency and Amount
(4)
3
As Admitted on COD
Currency and Amount
(5)
(6)
3
(7)
2496.20
2496.20
Grants
Equity
Foreign
Domestic
(Govt.)
Total Equity
1069.80
1069.80
1
Say US $ 200m+ Rs.400 Cr or Rs. 1200 Cr including US $200m at an exchange rate of 1US $=Rs.40/-
2
Date of Commercial Operation means Commercial Operation of the last unit
For example : US $, 200m etc.
3
PETITIONER
FORM-7
Statement Giving Details of Project Specific Loans
1
(As on COD /as per Transfer Scheme)
Name of the
Company
Assam Power
Generation Corporation
Limited
Name of the
Power Station
Assam Power Generation Corporation Limited
Page 114 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Particulars
(1)
2
Source of Loan
Package1
Package2
(2)
State Govt., PFC
Public Bond and
others
(3)
Pack
age3
(4)
Pack
age4
(5)
Pack
age5
(6)
Pack
age6
(7)
Yes/
No
Yes/
No
Yes/
No
Yes/
No
3
Currency
Amount of Loan
4
Interest Type
Fixed Interest
Rate, if applicable
Base Rate, if
5
Floating Interest
Margin, if Floating
6
Interest
Are there any
7
Caps/Floor
Moratorium
8
Period
Moratorium
effective from
Repayment
9
Period
Repayment
10
Frequency
Base Exchange
11
Rate
Date of Base
Exchange Rate
See Details below
Yes/No
Yes/No
1 In case the project has been completed and any tariff notification(s) has already been issued in the
past by AERC, the details in this form would pertains to loan package as on COD/ or as per transfer
schme.
2
Source of loan means the agency from whom the loan has been taken such as WB, ADB, OECF,
KWF, SBI, ICICI, IFC, PFC ETC.
3
Currency refers to currency of loan such as US $, DM, Yen, Indian Rupee etc.
4
Interest type means whether the interest is fixed or floating
5
Base rate means the base as PLR, LIBOR, etc. over which the margin is to be added.
6
Margin means the points over and above the floating rate.
7
At times caps/floor are put at which the floating rates are frozen. If such a condition exists, specify
the limits.
8
9
Moratorium period refers to the period during which loan servicing liability is not required.
Repayment period means the repayment of loan such as 7 years, 10 years, 25 years etc.
10
Repayment frequency means the interval at which the debt servicing is to be done such as monthly,
quarterly, half yearly, annual, etc.
11
Base exchange rate means the exchange rate prevailing as on the date of COD.
PETITIONER
Station
KLHEP
ST. NTPS
Source
PFC
Repayment Period
2013 2014 2015
-14
-15
-16
-8.34 -8.34 -8.34
-1.27 -1.27 -1.27
Assam Power Generation Corporation Limited
Page 115 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
R&M - II - LTPS
LWHRP
NRPP
Total PFC loan
repayment
LTPS
NTPS
KLHEP
Myntriang
NRPP
Others
Total State Govt.
Loan Repayment
Grand total
Govt. of Assam
-1.22
-1.22
-1.22
-12.13
-12.13
-12.13
0.00
0.00
0.00
-22.97
-22.97
-22.97
0.00
0.00
0.00
0.00
0.00
0.00
-2.20
-1.80
-5.86
-1.00
0.00
-0.20
-4.22
-2.67
-6.06
-1.00
-1.01
-0.24
0.00
-11.06
-15.20
-22.97
-34.03
-38.16
Assam Power Generation Corporation Limited
Page 116 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-11
Statement of Depreciation
Name of the Company
Assam Power Generation Corporation Limited
Name of the Power Station
Depreciation on
Additional
Capitalisation
Detail of FERV
Depreciati
Financial
on on
Amount of
Year
Capital
Amount of
FERV on
(Starting
Cost as on Additional Depreciati
which
Depreciation amount
from COD)
COD
Capitalisat on Amount depreciati
ion
on
charged
(1)
(2)
(3)
(4)
(5)
(6)
See Details below
Note: Details of calculations to be furnished.
PETITIONER
Assam Power Generation Corporation Limited
Page 117 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
APGCL Consolidated
Sl.
No
1
2
3
4
5
6
7
8
9
10
11
12
13
Depreciation of Assets
Land & Rights
Building
Hydraulic
Other Civil Works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & Fixtures
Office Equipemnt
Roads on land belonging to
other
Capital spares at
Generating Stations
TOTAL
14
Depreciation on 90% of the Assets
funded by Grants/subsidies
15
Net Depreciation
Balance of
accumulate
d
depreciatio
n at the end
of the year
Previous year 2013-14
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
Current year 2014-15
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
Ensuing year 2015-16
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
16.02
24.99
16.24
254.70
23.97
8.31
0.93
3.65
0.50
0.00
0.72
3.82
3.02
15.07
4.27
0.21
0.12
0.04
0.05
0.00
0.00
0.00
0.00
-0.49
0.00
0.00
0.00
0.00
0.00
0.00
16.74
28.81
19.26
269.28
28.24
8.51
1.05
3.69
0.55
0.00
0.72
4.06
3.12
20.49
4.48
0.99
0.14
-2.56
0.06
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
17.46
32.87
22.38
289.77
32.72
9.50
1.19
1.14
0.61
0.00
0.74
4.41
3.59
39.43
5.21
1.06
0.12
0.16
0.06
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
18.20
37.28
25.97
329.20
37.93
10.57
1.31
1.30
0.68
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.00
0.00
0.01
151.58
3.72
0.00
155.30
7.43
0.00
162.73
3.56
0.00
166.29
500.89
31.05
-0.49
531.45
38.93
0.00
570.38
58.35
0.00
628.73
0.00
-5.39
0.00
-5.39
-6.12
0.00
-11.51
-10.14
0.00
-21.66
500.89
25.66
-0.49
526.06
32.81
0.00
558.87
48.21
0.00
607.08
Assam Power Generation Corporation Limited
Page 118 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Station : NTPS
Sl.
No
1
2
3
4
5
6
7
8
9
10
11
12
13
Depreciation of Assets
Land & Rights
Building
Hydraulic
Other Civil Works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & Fixtures
Office Equipemnt
Roads on land belonging to
other
Capital spares at
Generating Stations
TOTAL
14
Depreciation on 90% of the Assets
funded by Grants/subsidies
15
Net Depreciation
Balance of
accumulate
d
depreciatio
n at the end
of the year
0.00
8.71
3.66
1.57
121.36
0.00
0.92
0.48
3.15
0.33
0.00
46.11
186.29
Previous year 2013-14
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.17
0.11
0.07
1.45
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.02
0.12
0.03
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.41
2.43
0.00
0.00
-0.43
186.29
2.00
0.00
0.00
8.88
3.77
1.64
122.81
0.00
0.95
0.60
3.17
0.37
Current year 2014-15
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.17
0.17
0.12
2.70
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.06
-2.57
0.04
0.00
0.00
0.00
0.00
0.00
0.00
188.72
2.25
2.96
0.00
0.00
-0.43
-0.43
188.29
2.53
0.00
46.52
0.00
0.00
9.04
3.94
1.76
125.51
0.00
0.96
0.66
0.61
0.41
Ensuing year 2015-16
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.17
0.23
0.16
3.55
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.04
0.12
0.00
0.04
0.00
0.00
0.00
0.00
0.00
0.00
191.67
1.66
5.97
0.00
0.00
-0.86
-0.43
190.81
5.54
0.00
48.77
Assam Power Generation Corporation Limited
0.00
9.21
4.17
1.92
129.06
0.00
1.00
0.78
0.61
0.45
0.00
50.43
197.64
-1.29
0.00
196.35
Page 119 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Station : LTPS
Sl.
No
1
2
3
4
5
6
7
8
9
10
11
12
13
Depreciation of Assets
Land & Rights
Building
Hydraulic
Other Civil Works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & Fixtures
Office Equipemnt
Roads on land belonging to
other
Capital spares at
Generating Stations
TOTAL
14
Depreciation on 90% of the Assets
funded by Grants/subsidies
15
Net Total
Balance of
accumulate
d
depreciatio
n at the end
of the year
0.00
4.34
0.23
1.19
88.17
0.00
0.90
0.40
0.35
0.16
0.00
104.87
200.61
Previous year 2013-14
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.08
0.01
0.05
1.98
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.02
0.01
0.00
0.00
0.00
0.00
0.00
0.00
3.31
5.46
0.00
0.00
-0.13
200.61
5.33
0.00
0.00
4.43
0.24
1.24
90.14
0.00
0.90
0.40
0.37
0.17
Current year 2014-15
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.08
0.01
0.06
6.30
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.02
0.07
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
206.07
5.17
11.74
0.00
0.00
-0.13
-0.13
205.94
11.61
0.00
108.18
0.00
4.51
0.25
1.30
96.44
0.00
0.92
0.48
0.37
0.18
0.00
113.36
217.82
-0.26
0.00
217.55
Ensuing year 2015-16
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.08
0.01
0.14
7.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.02
0.00
0.00
0.00
0.00
0.00
0.00
1.61
8.86
0.00
0.00
-0.13
8.73
Assam Power Generation Corporation Limited
0.00
4.59
0.27
1.44
103.44
0.00
0.93
0.48
0.37
0.20
0.00
114.96
226.68
-0.39
0.00
226.28
Page 120 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Station : CTPS
Sl.
No
1
2
3
4
5
6
7
8
9
10
11
12
13
Depreciation of Assets
Land & Rights
Building
Hydraulic
Other Civil Works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & Fixtures
Office Equipemnt
Roads on land belonging to
other
Capital spares at
Generating Stations
TOTAL
14
Depreciation on 90% of the Assets
funded by Grants/subsidies
15
Net Total
Balance of
accumulate
d
depreciatio
n at the end
of the year
0.00
0.02
0.06
0.04
25.85
0.00
1.34
0.05
0.15
0.01
Previous year 2013-14
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
28.11
0.00
0.00
0.00
0.00
28.11
0.00
0.00
0.00
0.59
0.00
0.02
0.06
0.04
25.85
0.00
1.34
0.05
0.15
0.01
Current year 2014-15
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
28.11
0.00
0.00
0.00
0.00
28.11
0.00
0.00
0.00
0.59
0.00
0.02
0.06
0.04
25.85
0.00
1.34
0.05
0.15
0.01
Ensuing year 2015-16
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.02
0.06
0.04
25.85
0.00
1.34
0.05
0.15
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
28.11
0.00
0.00
0.00
0.00
28.11
28.11
0.00
0.00
28.11
0.00
0.59
Assam Power Generation Corporation Limited
0.00
0.59
Page 121 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Station : KLHEP
Sl.
No
1
2
3
4
5
6
7
8
9
10
11
12
13
Depreciation of Assets
Land & Rights
Building
Hydraulic
Other Civil Works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & Fixtures
Office Equipemnt
Roads on land belonging to
other
Capital spares at
Generating Stations
TOTAL
14
Depreciation on 90% of the Assets
funded by Grants/subsidies
15
Net Total
Balance of
accumulate
d
depreciatio
n at the end
of the year
Previous year 2013-14
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
2.94
20.41
12.17
0.00
23.97
0.00
0.47
3.11
2.02
0.00
4.06
0.00
0.00
0.00
0.00
0.00
0.00
4.85
0.00
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
64.35
0.00
9.67
0.00
0.00
-2.11
64.35
7.56
0.00
0.00
3.41
23.52
14.20
0.00
28.03
4.85
0.00
0.00
0.01
Current year 2014-15
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.47
3.11
2.03
0.00
4.06
0.00
0.00
0.00
0.00
0.00
0.00
0.77
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
74.02
0.01
10.47
0.00
0.00
-2.11
-1.80
71.91
8.67
0.00
0.00
0.00
0.00
3.88
26.64
16.23
0.00
32.09
5.61
0.00
0.01
0.01
Ensuing year 2015-16
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.47
3.11
2.06
0.00
4.12
0.00
0.00
0.00
0.00
0.00
0.00
0.77
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
84.49
0.03
10.58
0.00
0.00
-3.90
-1.84
80.59
8.74
0.01
0.01
Assam Power Generation Corporation Limited
0.00
4.35
29.75
18.29
0.00
36.21
6.39
0.00
0.02
0.02
0.01
0.03
95.07
-5.74
0.00
89.33
Page 122 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Station : LWHRP
Sl.
No
1
2
3
4
5
6
7
8
9
10
11
12
13
Depreciation of Assets
Land & Rights
Building
Hydraulic
Other Civil Works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & Fixtures
Office Equipemnt
Roads on land belonging to
other
Capital spares at
Generating Stations
TOTAL
14
Depreciation on 90% of the Assets
funded by Grants/subsidies
15
Net Total
Balance of
accumulate
d
depreciatio
n at the end
of the year
0.00
0.00
0.63
1.27
19.33
0.00
0.29
0.00
0.00
0.00
0.00
0.00
21.53
Previous year 2013-14
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.00
0.40
0.85
11.64
0.00
0.18
0.00
0.00
0.00
0.00
0.00
13.07
0.00
0.00
0.00
0.00
-0.49
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.49
-2.02
21.53
11.05
-0.49
0.00
0.00
1.03
2.12
30.48
0.00
0.47
0.00
0.00
0.00
Current year 2014-15
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.00
0.40
0.85
11.49
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.18
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
34.11
0.00
12.92
0.00
0.00
-2.02
-2.02
32.09
10.90
0.00
0.00
0.00
0.00
0.01
1.43
2.96
41.97
0.00
0.65
0.00
0.00
0.00
Ensuing year 2015-16
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.00
0.40
0.85
11.49
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.18
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
47.02
0.03
12.95
0.00
0.00
-4.04
-2.02
42.98
10.93
0.00
0.00
Assam Power Generation Corporation Limited
0.00
0.01
1.83
3.81
53.46
0.00
0.83
0.00
0.00
0.00
0.00
0.03
59.98
-6.06
0.00
53.92
Page 123 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Station : Myntriang SHEP
Sl.
No
1
2
3
4
5
6
7
8
9
10
11
12
13
Depreciation of Assets
Land & Rights
Building
Hydraulic
Other Civil Works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & Fixtures
Office Equipemnt
Roads on land belonging to
other
Capital spares at
Generating Stations
TOTAL
14
Depreciation on 90% of the Assets
funded by Grants/subsidies
15
Net Total
Balance of
accumulate
d
depreciatio
n at the end
of the year
Previous year 2013-14
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.18
0.03
0.00
0.21
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.42
0.00
0.00
0.00
-0.70
-0.28
0.00
0.00
0.18
0.03
0.00
0.21
0.00
0.00
0.00
0.00
0.00
0.00
0.42
-0.70
0.00
-0.28
Current year 2014-15
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.00
0.37
0.06
0.00
0.42
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.84
0.00
0.00
-1.74
-0.90
0.00
0.00
0.55
0.08
0.00
0.62
0.01
0.00
0.00
0.00
0.00
0.00
1.27
-2.44
0.00
-1.18
Ensuing year 2015-16
Depreciatio
Withdrawl
Balance of
n for the
of
accumulate
year
depreciatio
d
n
depreciatio
n at the end
of the year
0.00
0.01
0.65
0.14
0.00
1.10
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.94
0.00
0.00
-2.46
-0.52
Assam Power Generation Corporation Limited
0.00
0.01
1.20
0.22
0.00
1.72
0.06
0.00
0.00
0.00
0.00
0.00
3.21
-4.90
0.00
-1.69
Page 124 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Station: NRPP
Previous year 2013-14
Sl.
No
Depreciation of Assets
Current year 2014-15
Balance of
accumulated
depreciation
at the end of
the year
Depreciation
for the year
Withdrawl of
depreciation
Balance of
accumulated
depreciation
at the end of
the year
Depreciation
for the year
Withdrawl of
depreciation
Balance of
accumulated
depreciation
at the end of
the year
Ensuing year 2015-16
Depreciation
Withdrawl of
Balance of
for the year
depreciation
accumulated
depreciation
at the end of
the year
1
2
3
4
5
6
7
Land & Rights
Building
Hydraulic
Other Civil Works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.26
17.39
0.00
0.02
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.26
17.39
0.00
0.02
8
9
10
Vehicles
Furniture & Fixtures
Office Equipemnt
Roads on land belonging to
other
Capital spares at
Generating Stations
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.15
0.00
0.00
0.00
0.00
0.00
0.15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.24
0.00
0.24
0.00
0.00
0.00
0.00
0.00
0.00
0.00
18.05
0.00
18.05
0.00
0.00
0.00
-3.26
0.00
0.00
0.00
14.78
11
12
14
Depreciation on 90% of the Assets
funded by Grants/subsidies
15
Net Total
0.00
0.00
0.00
0.00
0.00
Assam Power Generation Corporation Limited
-3.26
0.00
14.78
Page 125 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-12
Statement showing Computation of Interest on Various Loans
Name of the Company
Assam Power Generation Corporation Limited
Name of the Power Station
Particulars
(1)
(2)
Year 1 Original Currency
Loan-1
Loan-2 and so on
Total
Total
Openin
Openin
Closing
Closing
Interest
Repay
Repay
Interest
Repay
Interest
g
g
Balanc
Balanc
due
ment
due
due
Balanc ment
Balanc ment
e
e
e
e
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
(11)
(12)
Rs.
Year 2 Original Currency
Rs.
Year 3 Original Currency
See Details below
Rs.
Year... Original Currency
Rs.
Year... Original Currency
Rs.
Total Original Currency
Rs.
PETITIONER
Existing Loans
PFC
O/Balance
Additions
Repayments
C/Balance
Total Interest
Interest capitalised
Interest charged to P&L A/c
State Govt. Loan
O/Balance
Additions
13-14
14-15
15-16
306.48
50.00
-22.97
333.51
37.46
-15.32
22.14
333.51
0.00
-22.97
310.55
38.37
-18.65
19.72
310.55
160.00
-22.97
447.58
46.61
-9.77
36.84
117.58
18.57
136.15
47.38
172.46
71.85
Assam Power Generation Corporation Limited
Page 126 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Repayments
0.00
-11.07
-15.20
C/Balance
136.15
172.46
229.12
Interest
13.21
14.04
17.15
Interest to be capitalised
-4.12
-4.20
-4.54
Interest to be charged to
P&L
9.09
9.84
12.62
Other
O/Balance
0.00
0.00
0.00
Additions
0.00
0.00
95.46
Repayments
0.00
0.00
0.00
C/Balance
0.00
0.00
95.46
Interest
0.00
0.00
5.44
Interest to be capitalised
0.00
0.00
-5.44
Interest to be charged to
P&L
0.00
0.00
0.00
Note:
1. The Closing balance of State Govt. Loan appeared in Annual Accounts on 31.03.14 is Rs. 135.78
Cr.And the Closing Balance of State Govt. Loan claimed in True up 13-14 on 31.03.14 is Rs. 136.15.
The difference of (136.15-135.78)= Rs 0.37 Cr is on account of state govt. loan yet to be taken in
Accounts.
2. Interest on state Govt loan appeared in Annual Accounts is Rs. 16.57 Cr. However interest on state
Govt loan claimed is Rs. 9.09 Cr. The difference of (16.57-9.09)=7.48 Cr is on account of Penal
interest of Rs. 3.36 Cr and Interest yet to capitalised of Rs. 4.12 Cr, not considered for true up.
3. In Note 26.1 of Annual Accounts, interest expense of Rs. 15.32 Cr is capitalised against NRPP.
The said capitalisation is against PFC loan. In addition to this APGCL has further reduced the Interest
and finance charges by Rs. 4.12 Cr against interest on State Govt loan yet to be accounted in Annual
Accounts
Description
Govt Of Assam
Other FI Loan
PFC
Total
Rural Electrification
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.10
0.10
0.09
0.00
0.00
0.00
0.00
0.00
0.00
0.10
0.10
0.09
Additions
0.00
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.01
-0.01
0.08
0.00
0.00
0.00
0.00
0.00
0.00
0.10
0.09
0.08
Repayments
0.00
0.00
0.01
C/Balance
0.10
0.09
LTPS
Total Interest
0.01
0.01
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.01
0.01
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.01
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.01
0.01
LWHRP
1314
1415
1516
1516
7.23
6.51
15-16
100.0
8
1415
7.23
14-15
112.2
1
1314
O/Balance
13-14
124.3
4
13-14
131.5
7
14-15
119.4
4
15-16
106.5
9
Additions
0.00
Repayments
0.00
0.00
0.72
0.00
0.72
0.00
12.13
100.0
8
0.00
12.13
0.00
12.85
106.5
9
0.00
12.85
93.73
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C/Balance
7.23
6.51
5.79
0.00
12.13
112.2
1
87.95
0.00
0.00
0.00
0.00
12.13
119.4
4
Total Interest
0.76
0.68
0.61
14.88
13.36
11.83
0.00
0.00
0.00
15.64
14.04
12.44
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.76
0.68
0.61
14.88
13.36
11.83
0.00
0.00
0.00
15.64
14.04
12.44
15-16
1314
1415
1516
13-14
14-15
15-16
0.00
0.00
0.00
0.00
0.00
0.00
12.10
13.60
32.43
1.50
1516
32.4
3
20.6
2
14-15
Additions
1415
13.6
0
20.1
9
13-14
O/Balance
1314
12.1
0
0.00
0.00
0.00
0.00
0.00
0.00
1.50
20.19
20.62
R&M LTPS
Assam Power Generation Corporation Limited
Page 127 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Repayments
0.00
13.6
0
C/Balance
1.36
32.4
3
3.38
49.6
7
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-1.36
-3.38
0.00
0.00
0.00
0.00
0.00
0.00
13.60
32.43
49.67
Total Interest
1.28
1.37
3.23
0.00
0.00
0.00
0.00
0.00
0.00
1.28
1.37
3.23
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.28
1.37
3.23
0.00
0.00
0.00
0.00
0.00
0.00
1.28
1.37
3.23
LTPS Ph-II
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.70
0.70
0.63
13.41
12.19
10.97
0.00
0.00
0.00
14.11
12.89
11.60
Additions
0.00
0.00
0.07
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-1.22
-1.22
-1.22
0.00
0.00
0.00
-1.22
-1.29
-1.29
0.56
12.19
10.97
9.75
0.00
0.00
0.00
12.89
11.60
10.31
Repayments
0.00
0.00
0.07
C/Balance
0.70
0.63
Total Interest
0.07
0.07
0.06
1.54
1.40
1.25
0.00
0.00
0.00
1.62
1.46
1.31
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.07
0.06
1.54
1.40
1.25
0.00
0.00
0.00
1.62
1.46
1.31
EAP Consulting Services
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.37
0.37
0.34
0.00
0.00
0.00
0.00
0.00
0.00
0.37
0.37
0.34
Additions
0.00
0.00
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.04
Repayments
0.00
0.00
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.04
C/Balance
0.37
0.34
0.30
0.00
0.00
0.00
0.00
0.00
0.00
0.37
0.34
0.30
Total Interest
0.04
0.04
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.04
0.04
0.03
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.04
0.04
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.04
0.04
0.03
1314
11.0
0
1415
11.0
0
15.6
7
1.80
24.8
6
1516
24.8
6
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
4.46
3.19
0.00
0.00
0.00
16.73
15.46
28.05
0.00
0.00
0.00
0.00
0.00
0.00
15.67
3.80
0.00
0.00
0.00
-1.27
-3.07
-3.94
0.00
0.00
0.00
15.46
28.05
27.91
R&M NTPS
O/Balance
NTPS
Additions
0.00
Repayments
0.00
11.0
0
C/Balance
3.80
2.67
26.0
0
5.74
0.00
-1.27
-1.27
-1.27
4.46
3.19
1.91
Total Interest
1.14
1.74
2.36
0.42
0.32
0.21
0.00
0.00
0.00
1.57
2.05
2.57
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.14
1.74
2.36
0.42
0.32
0.21
0.00
0.00
0.00
1.57
2.05
2.57
1415
56.7
8
1516
52.9
1
13-14
14-15
15-16
1314
1415
1516
O/Balance
1314
51.3
9
64.66
56.31
0.00
0.00
0.00
13-14
124.3
9
14-15
121.4
4
15-16
109.2
3
Additions
5.39
0.00
0.00
0.00
0.00
5.39
-8.34
-8.34
0.00
0.00
0.00
C/Balance
5.43
5.99
52.3
6
0.00
0.00
56.7
8
1.92
5.79
52.9
1
64.66
56.31
47.97
0.00
0.00
0.00
-8.34
121.4
4
1.92
14.14
109.2
3
5.43
14.33
100.3
3
Total Interest
5.48
5.36
4.98
5.29
4.65
4.01
0.00
0.00
0.00
10.77
10.01
8.98
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
5.48
5.36
4.98
5.29
4.65
4.01
0.00
0.00
0.00
10.77
10.01
8.98
Survey & investigation of
HEP
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.70
0.70
0.63
0.00
0.00
0.00
0.00
0.00
0.00
0.70
0.70
0.63
Additions
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.00
Repayments
0.00
0.07
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.07
-0.07
KLHEP
Repayments
73.00
0.00
-8.34
KLHEP
Assam Power Generation Corporation Limited
Page 128 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
MSHEP
C/Balance
0.70
0.63
0.56
0.00
0.00
0.00
0.00
0.00
0.00
0.70
0.63
0.56
Total Interest
0.07
0.07
0.06
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.07
0.06
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.07
0.06
0.00
0.00
0.00
0.00
0.00
0.00
0.07
0.07
0.06
Myntriang SHEP
1314
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
2.00
1415
10.0
0
9.00
0.00
0.00
0.00
0.00
0.00
0.00
2.00
10.00
9.00
Additions
8.00
0.00
0.00
0.00
0.00
0.00
8.00
0.00
0.00
0.00
10.0
0
0.00
1.00
0.00
Repayments
0.00
1.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-1.00
-1.00
C/Balance
9.00
8.00
0.00
0.00
0.00
0.00
0.00
0.00
10.00
9.00
8.00
0.28
0.26
0.95
0.63
0.84
0.37
0.00
0.00
0.00
0.00
0.00
0.00
0.28
0.95
0.84
0.00
0.00
0.00
0.00
0.00
0.00
-0.26
-0.63
-0.37
0.02
0.32
0.47
0.00
0.00
0.00
0.00
0.00
0.00
0.02
0.32
0.47
Development of Amguri
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.50
0.50
0.45
0.00
0.00
0.00
0.00
0.00
0.00
0.50
0.50
0.45
Additions
0.00
0.00
0.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.05
-0.05
0.40
0.00
0.00
0.00
0.00
0.00
0.00
0.50
0.45
0.40
Total Interest
Interest capitalised
Interest charged to P&L
A/c
Amguri
Repayments
0.00
0.00
0.05
C/Balance
0.50
0.45
DHEP
Total Interest
0.05
0.05
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.05
0.04
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.05
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.05
0.04
Dhansiri HEP
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
1.04
1.04
0.94
0.00
0.00
0.00
0.00
0.00
0.00
1.04
1.04
0.94
Additions
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.10
0.00
Repayments
0.00
0.10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.10
-0.10
CTPS
C/Balance
1.04
0.94
0.83
0.00
0.00
0.00
0.00
0.00
0.00
1.04
0.94
0.83
Total Interest
0.11
0.10
0.09
0.00
0.00
0.00
0.00
0.00
0.00
0.11
0.10
0.09
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.11
0.10
0.09
0.00
0.00
0.00
0.00
0.00
0.00
0.11
0.10
0.09
CTPS
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.50
0.50
0.45
0.00
0.00
0.00
0.00
0.00
0.00
0.50
0.50
0.45
Additions
0.00
0.00
0.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.05
Repayments
0.00
0.00
0.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.05
C/Balance
0.50
0.45
0.40
0.00
0.00
0.00
0.00
0.00
0.00
0.50
0.45
0.40
Total Interest
0.05
0.05
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.05
0.04
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.05
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.05
0.04
1415
10.1
3
1516
10.1
3
13-14
1516
0.00
0.00
0.00
13-14
100.1
3
14-15
150.1
3
Additions
0.00
0.00
50.00
0.00
0.00
0.00
0.00
50.00
0.00
15-16
150.1
3
160.0
0
Repayments
0.00
10.1
3
0.00
10.1
3
0.00
1.01
15-16
140.0
0
160.0
0
1415
90.00
14-15
140.0
0
1314
O/Balance
1314
10.1
3
0.00
140.0
0
0.00
140.0
0
0.00
300.0
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
150.1
3
0.00
150.1
3
-1.01
309.1
1
NRPP Ph- I
NRPP
C/Balance
9.11
Assam Power Generation Corporation Limited
Page 129 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Total Interest
1.69
1.69
1.06
1.06
0.96
0.32
15.32
15.32
18.65
18.65
29.31
0.00
0.00
0.00
-9.77
0.00
0.00
0.00
0.00
0.64
0.00
0.00
19.54
0.00
1415
12.7
5
1516
19.7
5
13-14
14-15
15-16
1314
O/Balance
1314
12.7
5
0.00
0.00
0.00
0.00
Additions
0.00
7.00
7.00
0.00
0.00
0.00
0.00
Repayments
0.00
12.7
5
0.00
19.7
5
0.00
26.7
5
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.33
1.33
1.37
1.37
2.14
2.14
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Lakwa RPP
1314
1415
1516
O/Balance
0.00
0.98
1.58
13-14
0.00
14-15
0.00
15-16
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
13-14
14-15
15-16
Interest capitalised
Interest charged to P&L
A/c
Lower Kopili
C/Balance
Total Interest
Interest capitalised
Interest charged to P&L
A/c
Additions
0.98
0.60
0.00
Repayments
0.00
0.00
0.00
C/Balance
0.98
Other projects not yet commssioned
Total Interest
Interest capitalised
Interest charged to P&L
A/c
0.07
0.07
1.58
0.11
0.11
1.58
0.17
0.17
0.00
17.01
17.01
19.71
19.71
30.26
10.09
0.00
0.00
0.00
0.00
20.18
1415
1516
13-14
14-15
15-16
0.00
0.00
12.75
12.75
19.75
0.00
0.00
0.00
7.00
7.00
0.00
0.00
0.00
0.00
0.00
0.00
12.75
19.75
26.75
0.00
0.00
1.33
1.37
2.14
0.00
0.00
-1.33
-1.37
-2.14
0.00
0.00
0.00
0.00
0.00
0.00
1314
1415
1516
13-14
14-15
15-16
0.00
0.00
0.00
0.98
1.58
0.00
0.00
0.00
78.6
0
0.98
0.60
78.60
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
78.6
0
0.98
1.58
80.18
0.00
0.00
0.07
0.11
4.65
0.00
0.00
4.48
4.48
-0.07
-0.11
-4.65
0.00
0.00
0.00
0.00
0.00
0.00
1314
1415
1516
13-14
14-15
15-16
0.00
0.00
0.00
Lungnit SHEP
1314
1415
1516
O/Balance
3.00
3.00
3.00
0.00
0.00
0.00
0.00
0.00
0.00
3.00
3.00
3.00
Additions
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Repayments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C/Balance
3.00
3.00
3.00
0.00
0.00
0.00
0.00
0.00
0.00
3.00
3.00
3.00
Total Interest
0.31
0.31
0.32
0.32
0.32
0.32
0.00
0.00
0.00
0.00
0.00
0.00
0.31
0.32
0.32
0.00
0.00
0.00
0.00
0.00
0.00
-0.31
-0.32
-0.32
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Development of SHEP
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
1.00
1.00
1.00
0.00
0.00
0.00
0.00
0.00
0.00
1.00
1.00
1.00
Additions
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Repayments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
C/Balance
1.00
1.00
1.00
0.00
0.00
0.00
0.00
0.00
0.00
1.00
1.00
1.00
Total Interest
0.11
0.11
0.11
0.11
0.11
0.11
0.00
0.00
0.00
0.00
0.00
0.00
0.11
0.11
0.11
0.00
0.00
0.00
0.00
0.00
0.00
-0.11
-0.11
-0.11
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Non Conventional
Sources of Energy
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.40
0.40
0.40
0.00
0.00
0.00
0.00
0.00
0.00
0.40
0.40
0.40
Additions
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Repayments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
C/Balance
0.40
0.40
0.40
0.00
0.00
0.00
0.00
0.00
0.00
0.40
0.40
0.40
Total Interest
0.04
0.04
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.04
0.04
0.04
Assam Power Generation Corporation Limited
Page 130 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Interest capitalised
Interest charged to P&L
A/c
0.04
0.04
0.04
0.00
0.00
0.00
0.00
0.00
0.00
-0.04
-0.04
-0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
KLHEP (Upper)
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.40
1.30
1.30
0.00
0.00
0.00
0.00
0.00
0.00
0.40
1.30
1.30
Additions
0.90
0.00
0.25
0.00
0.00
0.00
0.00
0.00
0.00
0.90
0.00
0.25
Repayments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C/Balance
1.30
1.30
1.55
0.00
0.00
0.00
0.00
0.00
0.00
1.30
1.30
1.55
Total Interest
0.06
0.06
0.14
0.14
0.14
0.14
0.00
0.00
0.00
0.00
0.00
0.00
0.06
0.14
0.14
0.00
0.00
0.00
0.00
0.00
0.00
-0.06
-0.14
-0.14
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
KLHEP (Intermediate)
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.40
1.00
1.00
0.00
0.00
0.00
0.00
0.00
0.00
0.40
1.00
1.00
Additions
0.60
0.00
0.50
0.00
0.00
0.00
0.00
0.00
0.00
0.60
0.00
0.50
Repayments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
C/Balance
1.00
1.00
1.50
0.00
0.00
0.00
0.00
0.00
0.00
1.00
1.00
1.50
Total Interest
0.05
0.05
0.11
0.11
0.11
0.11
0.00
0.00
0.00
0.00
0.00
0.00
0.05
0.11
0.11
0.00
0.00
0.00
0.00
0.00
0.00
-0.05
-0.11
-0.11
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Setting up of a 200 MW
(CCGT)
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.15
0.15
0.15
0.00
0.00
0.00
0.00
0.00
0.00
0.15
0.15
0.15
Additions
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
Repayments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C/Balance
0.15
0.15
0.15
0.00
0.00
0.00
0.00
0.00
0.00
0.15
0.15
0.15
Total Interest
0.02
0.02
0.02
0.02
0.02
0.02
0.00
0.00
0.00
0.00
0.00
0.00
0.02
0.02
0.02
0.00
0.00
0.00
0.00
0.00
0.00
-0.02
-0.02
-0.02
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Margherita/Borgolai
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
1.35
2.25
4.25
0.00
0.00
0.00
0.00
0.00
0.00
1.35
2.25
4.25
Additions
0.90
2.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.90
2.00
0.00
Repayments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C/Balance
2.25
4.25
4.25
0.00
0.00
0.00
0.00
0.00
0.00
2.25
4.25
4.25
Total Interest
0.16
0.16
0.24
0.24
0.45
0.45
0.00
0.00
0.00
0.00
0.00
0.00
0.16
0.24
0.45
0.00
0.00
0.00
0.00
0.00
0.00
-0.16
-0.24
-0.45
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Golaghat
1314
1415
1516
13-14
14-15
15-16
1314
1415
1516
13-14
14-15
15-16
O/Balance
0.37
0.37
0.37
0.00
0.00
0.00
0.00
0.00
0.00
0.37
0.37
0.37
Additions
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
Interest capitalised
Interest charged to P&L
A/c
Repayments
0.00
0.00
0.00
0.04
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.04
C/Balance
0.37
0.37
0.33
0.00
0.00
0.00
0.00
0.00
0.00
0.37
0.37
0.33
Total Interest
0.04
0.04
0.04
0.04
0.03
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.04
0.04
0.03
0.00
0.00
0.00
0.00
0.00
0.00
-0.04
-0.04
-0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
Assam Power Generation Corporation Limited
Page 131 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Amring
1314
1415
1516
O/Balance
0.00
0.00
Additions
0.00
0.00
Repayments
0.00
0.00
1314
1415
1516
13-14
14-15
15-16
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
13-14
14-15
15-16
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C/Balance
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Solar PP at NTPS
1314
1415
1516
1314
1415
1516
O/Balance
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Additions
0.00
0.00
0.00
17.0
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
17.00
Repayments
0.00
0.00
0.00
17.0
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
17.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1314
1415
1516
0.00
0.00
0.00
1314
1415
1516
C/Balance
0.00
0.00
Total Interest
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.15
0.15
0.00
0.00
0.00
Solar PP at LTPS
1314
1415
1516
O/Balance
0.00
0.00
0.00
Additions
0.00
0.00
0.00
17.0
0
0.00
0.00
0.00
0.00
0.00
0.00
Repayments
0.00
0.00
0.00
17.0
0
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1314
1415
1516
1314
1415
0.00
1516
0.00
1314
1314
0.00
1415
1415
1516
1516
0.00
0.00
0.00
0.00
17.00
0.00
0.00
0.00
0.00
0.00
17.00
0.00
0.00
0.15
0.00
0.00
-0.15
0.00
0.00
0.00
C/Balance
0.00
0.00
Total Interest
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.15
0.15
0.00
0.00
0.00
KLHEP Barrage Toe
Project
1314
1415
1516
O/Balance
0.00
0.30
0.30
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.30
0.30
Additions
0.30
0.00
0.25
0.00
0.00
0.00
0.00
0.00
0.00
0.30
0.00
0.25
Repayments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1314
1415
1516
1314
1415
1516
C/Balance
0.30
0.30
0.55
0.00
0.00
0.00
0.00
0.00
0.00
0.30
0.30
0.55
Total Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.03
0.00
0.03
0.03
0.00
Interest capitalised
Interest charged to P&L
A/c
0.03
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-0.03
-0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Cachar distributed
Generation system by
Gas IC Engine
1314
1415
1516
1314
1415
1516
O/Balance
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Additions
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
16.8
6
Repayments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
C/Balance
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
16.8
6
Total Interest
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest capitalised
Interest charged to P&L
A/c
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1314
1415
1516
1314
1415
1516
0.00
0.00
0.00
0.00
16.86
0.00
0.00
0.00
0.00
0.00
16.86
0.00
0.00
0.96
0.00
0.96
0.96
0.00
0.00
-0.96
0.00
0.00
0.00
0.00
0.00
Assam Power Generation Corporation Limited
Page 132 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-14
Statement of Calculation of Average Rate of Interest (CC) on Working Capital Loans
Name of the Company
Assam Power Generation Corporation Limited
Name of the Power Station
Year ending March
(1)
(2)
2013-14
2014-15
2015-16
(3)
(4)
(5)
INTEREST ON WORKING CAPITAL
Fuel Cost - 1 month
Fuel stock - 1 or 1/2 month
Oil stock - 2 months
O & M expenses - 1 month
Spares 1 year = 40% of O & MLess 1/5th
of initial capitalised spares for first 5 years
Receivables - 2 months
Total Working Capital (Rs. cr)
Working Capital Loan allowed
Weighted Average Interest Rate
See Details below
INTEREST ON WORKING CAPITAL (Rs cr)
SL.
NO.
(1)
a
b
c
d
e
AMOUNT
Source of Loan for Working Capital
(Rs. in Crs)
(2)
(3)
RATE OF
INTEREST
(Cash Credit)
(%)
(4)
TOTAL
Weighted Average Rate of Interest
PETITIONER
Period
Interest on Working Capital as per AERC
2013-14
2014-15
2015-16
22.32
26.03
30.83
Assam Power Generation Corporation Limited
Page 133 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-15
Calculation of Operation and Maintenance Expenses
Assam Power Generation Corporation Limited
Name of the Company
Name of the Power Station
(1)
2013-14
2014-15
2015-16
(2)
(3)
(4)
O&M data projection for 2013-14 to 2015-16
A) Total O & M Expenses
120.56
121.14
168.67
120.56
121.14
168.67
1
B) Abnormal O&M expenses
- On account of water charges
- On account of other factors
C) Calculation of Base O&M (A-B)
Notes:
1
Abnormal O&M expenses such as on account of sharp increase in water charges etc. which are abnormal in
nature and for which the utility shall file a separate petition.
PETITIONER
Assam Power Generation Corporation Limited
Page 134 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-16
Details of Operation and Maintenance Expenses
Name of the Company
Assam Power Generation Corporation Limited
Name of the Power Station
(1)
(A)
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
(2)
Breakup of O& M expenses
Employee cost & terminal benefit provisions
Repair and Maintenance
Stores consumed
Power Charges
Water Charges
Communication expenses
Travelling expenses
Insurance
- Plant & Machinery
- Other
Rent
Security expenses
Professional expenses
Printing and Stationery
Corporate office expenses allocation
Other Expenses like employees past period liabilities
Total (1 to 4)
2013-14
2014-15
2015-16
(3)
(4)
(5)
See Details below
LESS: RECOVERED (IF ANY)
Net Expenses
Notes:
1. The process of allocation of corporate expenses to generating stations should be specified.
2. An annual increase in O&M expenses under a given head ( in excess of 20 percent should
be explained)
3. The data should be certified by statutory auditors.
(B)
Corporate office expenses
(aggregate)
- Direct employee expense
- Repair and maintaenance
- Training and Recruitment
- Commmunication
- Travelling
- Security
- Rent
- Others
PETITIONER
Assam Power Generation Corporation Limited
Page 135 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
APGCL Consolidated
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
2013-14
33.81
1.44
27.12
6.93
0.03
0.18
0.05
0.27
0.00
0.01
0.13
12.04
2014-15
36.65
1.66
29.85
5.61
0.03
0.09
0.05
0.29
0.00
0.01
0.14
12.16
2015-16
48.21
2.07
39.33
7.38
0.04
0.13
0.07
0.36
0.00
0.00
0.19
14.41
82.00
0.00
82.00
86.54
0.00
86.54
112.19
6.92
105.27
2013-14
0.35
0.81
0.12
0.01
0.02
0.02
0.60
0.02
0.07
0.76
0.04
9.72
0.00
12.53
0.00
12.53
2014-15
0.35
0.88
0.05
0.00
0.01
0.00
0.65
0.01
0.01
0.63
0.02
6.79
0.00
9.41
0.00
9.41
2015-16
0.39
0.94
0.06
0.00
0.01
0.00
0.71
0.00
0.00
0.78
0.02
7.64
0.00
10.56
0.70
9.85
2013-14
2014-15
2015-16
0.00
6.44
32.00
20.60
1.81
0.87
0.89
14.74
0.27
0.31
1.10
16.95
0.31
0.35
1.26
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
Energy bill raised by APDCL
Sub Total:
Less: Capitalised
Total:
Repairs & Maintenance
Particulars
A. Special Type Repair & Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
Assam Power Generation Corporation Limited
Page 136 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
Note:
1.
2.
0.03
0.06
0.26
0.08
1.23
0.20
26.03
0.09
0.26
0.14
0.20
1.41
0.23
25.19
Besides the cost of special type Repair & Maintenance, the approved O&M cost of 2014-15 is Rs.
17.11 Cr and adding Turbine and lubricant cost of Rs. 1.64 Cr, the O&M cost of 2014-15 appears
to be Rs. 18.75 Cr. Taking an escalation rate of 15% (reasons mentioned at note 2 below) on this,
O&M cost of 2015-16 has been projected at Rs. 21.55 Cr excluding the Special Type Repair &
Maintenance cost of RS. 32 Cr. Total O&M cost for the FY 2015-16 including the Special Type
Repair & Maintenance Cost is Rs. 53.55 Cr. as state above.
Basis for taking 15% escalation rate is that as the machines become older, maintenance becomes
costlier. Further, due to the increase in dollar value, APGCL is required to spend more in
purchasing imported spares for its machines. In addition to these factors, the actual inflation (price
rise) is much more than the escalation factor allowed by the commission. Considering all these
factors, APGCL has taken 15% escalation to calculate the R&M cost for the year 2014-15.
NTPS
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
2013-14
13.59
0.41
11.07
2.64
0.01
0.10
0.04
0.09
0.00
0.00
0.06
2.01
30.03
0.00
30.03
2014-15
14.74
0.54
12.19
2.08
0.01
0.05
0.04
0.10
0.00
0.00
0.09
2.46
32.30
0.00
32.30
2015-16
15.98
0.59
13.21
2.25
0.01
0.06
0.05
0.11
0.00
0.00
0.09
2.67
35.02
0.00
35.02
2013-14
0.18
0.00
0.05
0.01
0.01
0.01
0.03
0.01
0.00
0.24
0.01
3.22
3.75
2014-15
0.12
0.00
0.02
0.00
0.01
0.00
0.03
0.00
0.00
0.22
0.00
2.24
2.65
2015-16
0.07
0.00
0.01
0.00
0.01
0.00
0.02
0.00
0.00
0.13
0.00
1.30
1.54
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
Sub Total:
Assam Power Generation Corporation Limited
Page 137 of 228
0.11
0.30
0.16
0.23
1.62
0.26
53.55
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Less: Capitalised
Total:
0.00
3.75
0.00
2.65
0.00
1.54
2013-14
2014-15
2015-16
0.00
0.00
14.00
4.42
0.78
0.00
0.00
0.00
0.00
0.00
0.02
0.00
0.01
5.23
1.45
0.17
0.08
0.52
0.00
0.00
0.00
0.07
0.00
0.01
2.30
1.67
0.20
0.09
0.60
0.00
0.00
0.00
0.08
0.00
0.01
16.65
Repairs & Maintenance
Particulars
A. Special Type Repair &
Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
NRPP
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
7.30
0.27
6.04
1.03
0.01
0.03
0.02
0.05
0.00
0.00
0.04
1.22
0.00
0.00
0.00
0.00
0.00
0.00
16.01
5.34
10.67
201415
201516
Administration and General Expenses
Particulars
201314
Assam Power Generation Corporation Limited
Page 138 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related
expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.06
0.00
0.01
0.00
0.01
0.00
0.02
0.00
0.00
0.11
0.00
0.00
0.00
1.13
Sub Total:
Less: Capitalised
Total:
0.00
0.00
0.00
0.00
0.00
0.00
1.33
0.44
0.89
201314
201415
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Repairs & Maintenance
Particulars
A. Special Type Repair &
Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
LTPS
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
201314
10.23
0.79
8.39
1.92
0.01
0.03
0.00
0.07
0.00
0.00
201415
11.09
0.85
9.23
1.55
0.01
0.03
0.00
0.08
0.00
0.00
Assam Power Generation Corporation Limited
201516
12.03
0.92
10.01
1.68
0.01
0.03
0.00
0.08
0.00
0.00
Page 139 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
0.05
5.36
0.04
5.30
0.04
5.75
26.85
0.00
26.85
28.19
0.00
28.19
30.55
0.00
30.55
201314
0.13
0.58
0.04
0.00
0.00
0.01
0.44
0.01
0.02
0.15
0.01
1.93
201415
0.12
0.63
0.02
0.00
0.00
0.00
0.48
0.00
0.00
0.12
0.00
2.08
201516
0.13
0.68
0.02
0.00
0.00
0.00
0.52
0.00
0.00
0.13
0.00
2.26
3.32
0.00
3.32
3.46
0.00
3.46
3.74
0.00
3.74
201314
201415
201516
0.00
6.44
18.00
4.77
0.58
0.13
0.00
0.00
0.01
0.18
0.04
1.23
0.00
6.95
7.03
0.03
0.06
0.29
0.04
0.13
0.01
0.01
1.41
0.00
15.45
8.08
0.03
0.07
0.33
0.05
0.15
0.01
0.01
1.62
0.00
28.35
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
Sub Total:
Less: Capitalised
Total:
Repairs & Maintenance
Particulars
A. Special Type Repair &
Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
CTPS
Employee Expenses
Assam Power Generation Corporation Limited
Page 140 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
201314
1.64
0.00
1.19
0.18
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
201415
1.78
0.00
1.31
0.09
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
1.93
0.00
1.42
0.10
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
3.02
0.00
3.02
3.18
0.00
3.18
3.45
0.00
3.45
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.00
0.05
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.01
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.06
0.00
0.06
0.02
0.00
0.02
0.01
0.00
0.01
201314
201415
201516
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
Sub Total:
Less: Capitalised
Total:
Repairs & Maintenance
Particulars
A. Special Type Repair &
Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
Assam Power Generation Corporation Limited
Page 141 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
201314
4.89
0.00
3.64
1.50
0.01
0.02
0.00
0.09
0.00
0.00
0.01
3.01
201415
5.30
0.00
4.00
1.33
0.01
0.00
0.00
0.10
0.00
0.00
0.01
2.70
2015-16
5.75
0.00
4.34
1.44
0.01
0.00
0.00
0.11
0.00
0.00
0.01
2.93
Subtotal
Less: Capitalisation
Total
13.17
0.00
13.17
13.46
0.00
13.46
14.59
0.00
14.59
201314
0.01
0.05
0.02
0.00
0.01
0.01
0.00
0.00
0.04
0.29
0.01
3.86
201415
0.12
0.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.22
0.01
2.34
2015-16
0.13
0.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.24
0.02
2.53
4.28
0.00
4.28
2.75
0.00
2.75
2.97
0.00
2.97
KLHEP
Employee Expenses
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
Sub Total:
Less: Capitalised
Total:
Assam Power Generation Corporation Limited
Page 142 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Repairs & Maintenance
Particulars
A. Special Type Repair &
Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
201314
201415
2015-16
0.00
0.00
0.00
9.93
0.27
0.64
0.89
0.03
0.04
0.02
0.01
0.00
0.19
12.03
5.90
0.03
0.06
0.29
0.04
0.13
0.01
0.01
0.00
0.22
6.69
6.79
0.03
0.07
0.33
0.05
0.15
0.01
0.01
0.00
0.25
7.69
LWHRP
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
201314
3.17
0.24
2.60
0.60
0.00
0.02
0.00
0.01
0.00
0.00
0.01
1.66
201415
3.44
0.26
2.86
0.48
0.00
0.01
0.00
0.01
0.00
0.00
0.01
1.70
201516
3.73
0.29
3.10
0.52
0.00
0.01
0.00
0.01
0.00
0.00
0.01
1.84
8.32
0.00
8.32
8.78
0.00
8.78
9.51
0.00
9.51
201314
0.04
0.18
0.01
0.00
0.00
0.00
0.14
201415
0.00
0.20
0.01
0.00
0.00
0.00
0.15
201516
0.00
0.21
0.01
0.00
0.00
0.00
0.16
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Assam Power Generation Corporation Limited
Page 143 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
0.00
0.01
0.05
0.00
0.60
0.00
0.00
0.04
0.00
0.05
0.00
0.00
0.04
0.00
0.05
Sub Total:
Less: Capitalised
Total:
1.03
0.00
1.03
0.44
0.00
0.44
0.47
0.00
0.47
201314
201415
201516
0.00
0.00
0.00
1.48
0.18
0.04
0.00
0.00
0.00
0.06
0.01
0.00
0.00
1.77
0.36
0.04
0.08
0.00
0.01
0.00
0.12
0.11
0.00
0.00
0.72
0.41
0.05
0.09
0.00
0.01
0.00
0.14
0.13
0.00
0.00
0.83
Repairs & Maintenance
Particulars
A. Special Type Repair &
Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
Myntriang
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
2013-14
0.28
0.00
0.23
0.09
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2014-15
0.30
0.00
0.25
0.07
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2015-16
1.49
0.00
1.22
0.36
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.60
0.00
0.60
0.63
0.00
0.63
3.06
1.59
1.47
Assam Power Generation Corporation Limited
Page 144 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
Sub Total:
Less: Capitalised
Total:
2013-14
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.06
2014-15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.02
0.00
0.07
2015-16
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.14
0.00
0.36
0.10
0.00
0.10
0.09
0.00
0.09
0.50
0.26
0.24
2013-14
2014-15
2015-16
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
Repairs & Maintenance
Particulars
A. Special Type Repair &
Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
Assam Power Generation Corporation Limited
Page 145 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-17
Details/Information to be Submitted in respect of Fuel for Computation of Energy
Name of the Company
APGCL
Name of the Power Station
Namrup Thermal Power Station
GAS
Months
For preceding 3rd
Month
APM
NonAPM
20113.75
1613.22
For preceding 2nd
Month
APM
NonAPM
19497.22 1550.14
For preceding 1st
Month (October'14)
APM
NonAPM
20115.33
1028.59
Quantity of Gas
(1000 SCM)
Amount charged by the Gas Co.
(Rs.)
Transportation Charge
(Rs.)
8817.00
8607.00 8607.00
8615.00
Weighted average GCV Gas
kCal/CUM
8817.00
8615.00
Unit price of
5295.49
5241.66
5243.09
8738.48
Base price for CV
(Rs/1000SCM)
8825.82
8736.11
Gas charged
Marketing Margin
(Rs/1000SCM)
176.34
176.34
172.14
172.14
172.30
172.30
by the Gas Co. Cess or duty
(Rs/1000SCM)
Sales Tax (VAT)
(Rs/1000SCM)
656.62
1080.26
649.66 1068.99
649.85
1069.29
12%
Transportation
(Rs/1000SCM)
Total
(Rs/1000SCM)
6128.45 10082.42
6063.46 9977.23
6065.24
9980.07
Transportation Distance
(Km)
by
Rate
(Rs/1000SCM)
469.92
470.16
482.41
rail/ship/road
Amount
10209841.00
9895564.00
10199940.00
(Pipe Line)
Note:
1. Furnish copies of relevant coal/lignite price notifications or the fuel supply agreement, tariff rates of Railways
or other transport authorities as
applicable.
2. Similar details to be furnished for natural gas/liquid fuel for CCGT station and secondary fuel oil for coal/lignite
based thermal.
PETITIONER
Assam Power Generation Corporation Limited
Page 146 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
FORM-17
Details/Information to be Submitted in respect of Fuel for Computation of Energy
Name of the Company
APGCL
Name of the Power Station
Lakwa Thermal Power Station
GAS
Months
For preceding 3rd Month
Name of the Gas Supplier
Quantity of Gas
Amount charged by the Gas
Co.
Transportation Charge
Weighted average GCV Gas
Base price for
CV
Any other
charge
Unit price of
Marketing
Gas charged
Margin
by the Gas
Royalty
Co.
Sales Tax
(VAT) 12%
Transportation
Total
Distance
Transportation
by Pipe Line
Rate
Amount
GAIL
OIL
For preceding 2nd Month
CANORO
GAIL
OIL
For preceding 1st Month (Oct'14)
CANORO
GAIL
OIL
CANORO
13197.5
8880.3
908.9
11160.5
9726.6
865.7
14725.4
9913.7
907.1
kCal/CUM
9179
8817
9623
9305
8607
9603
9870
8615
9609
(Rs/1000SCM)
5513
8826
5056
5667
8736
5106
6007
8738
5109
183.6
176.3
192.5
186.1
172.1
192.1
197.4
172.3
192.2
(1000 SCM)
(Rs.)
(Rs.)
(Rs/1000SCM)
(Rs/1000SCM)
(Rs/1000SCM)
(Rs/1000SCM)
505.6
683.6
(Rs/1000SCM)
20.1
(Rs/1000SCM)
6400.1
510.6
1080.3
690.5
702.3
10082.4
6445
6575.2
510.9
1069.0
697.0
744.5
9977.2
6505.1
6968.8
20.1
1069.3
697.4
9980.1
6508.9
20.1
(Km)
(Rs/1000SCM)
736.7
736.7
736.7
7211769.0
7803358.0
7971835.0
Note:
1. Furnish copies of relevant coal/lignite price notifications or the fuel supply agreement, tariff rates of Railways or other transport authorities as
applicable.
2. Similar details to be furnished for natural gas/liquid fuel for CCGT station and secondary fuel oil for coal/lignite based thermal.
PETITIONER
Assam Power Generation Corporation Limited
Page 147 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Annex-IV
12.
STATIONWISE INFORMATION FOR CLAIMING
ARR AND TARIFF FOR ASSAM POWER GENERATION
CORPORATION LIMITED FOR FY 2015-16
Assam Power Generation Corporation Limited
Page 148 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Table of Contents
1.
Namrup Thermal Power Station
1.1
2.
152
FY 12-13 to 15-16 data
………………………...
155
FY 12-13 to 15-16 data
………………………...
158
FY 12-13 to 15-16 data
………………………...
161
………………………...
163
………………………...
166
Myntriang Small Hydro Electric Project
6.1
7..
………………………...
Namrup Replacement Power Project
5.1
6.
FY 12-13 to 15-16 data
Lakwa Waste Heat Recovery Power Project
4.1
5.
150
Karbi Langpi Hydro Electric Project
3.1.
4.
………………………...
Lakwa Thermal Power Station
2.1.
3.
FY 12-13 to 15-16 data
FY 12-13 to 15-16 data
Chandrapur Thermal Power Station
7.1
FY 12-13 to 15-16 data
Assam Power Generation Corporation Limited
Page 149 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
NTPS
Employee Expenses
201213
12.82
0.12
8.64
2.47
0.01
0.09
0.02
0.00
0.00
0.01
0.04
4.64
201314
13.59
0.41
11.07
2.64
0.01
0.10
0.04
0.09
0.00
0.00
0.06
2.01
201415
14.74
0.54
12.19
2.08
0.01
0.05
0.04
0.10
0.00
0.00
0.09
2.46
201516
15.98
0.59
13.21
2.25
0.01
0.06
0.05
0.11
0.00
0.00
0.09
2.67
28.85
0.00
28.85
30.03
0.00
30.03
32.30
0.00
32.30
35.02
0.00
35.02
201213
0.11
0.24
0.05
0.00
0.16
0.01
0.00
0.00
0.02
0.24
0.02
201314
0.18
0.00
0.05
0.01
0.01
0.01
0.01
0.01
0.00
0.37
0.01
201415
0.12
0.00
0.02
0.00
0.01
0.00
0.03
0.00
0.00
0.22
0.00
201516
0.07
0.00
0.01
0.00
0.01
0.00
0.02
0.00
0.00
0.13
0.00
Administrative & purchase related expenses
1.47
3.22
2.24
1.30
Sub Total:
Less: Capitalised
Total:
2.31
0.00
2.31
3.87
0.00
3.87
2.65
0.00
2.65
1.54
0.00
1.54
201213
0.00
2.40
201314
0.00
2.95
201415
0.00
2.95
201516
0.00
2.95
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Other Income
Particulars
Interest on Staff Loans and advance
Income from Investment
Assam Power Generation Corporation Limited
Page 150 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
0.01
0.22
0.10
0.00
2.72
0.01
0.26
0.46
0.00
3.68
0.01
0.26
0.46
0.00
3.68
0.01
0.26
0.46
0.00
3.68
201314
201415
201516
0.00
0.00
14.00
6.47
0.83
0.04
0.00
0.00
0.01
0.00
0.02
0.00
0.00
7.37
4.42
0.78
0.00
0.00
0.00
0.00
0.00
0.02
0.00
0.01
5.23
1.45
0.17
0.08
0.52
0.00
0.00
0.00
0.07
0.00
0.01
2.30
1.67
0.20
0.09
0.60
0.00
0.00
0.00
0.08
0.00
0.01
16.65
201213
0.00
0.00
0.01
0.08
1.29
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.37
201314
0.00
0.17
0.11
0.07
1.45
0.00
0.02
0.12
0.03
0.04
0.00
0.41
2.43
201415
0.00
0.17
0.17
0.12
2.70
0.00
0.01
0.06
-2.57
0.04
0.00
2.25
2.96
201516
0.00
0.17
0.23
0.16
3.55
0.00
0.04
0.12
0.00
0.04
0.00
1.66
5.97
1.37
-0.43
2.00
-0.43
2.53
-0.43
5.54
201213
1.83
201314
1.57
201415
2.05
201516
2.57
Repairs & Maintenance
201213
Particulars
A. Special Type Repair & Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Hydraulic
Other civil works
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
Depreciation
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & ficture
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total:
Depreciation on 90% of the Assets funded by Grants/subsidies
Net Total
Interest & financing charges
Particulars
Interest on loans
Assam Power Generation Corporation Limited
Page 151 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Other finance charges
Sub total
Less: Interest capitalised
Total
1.97
3.80
0.00
3.80
0.02
1.58
0.00
1.58
0.02
2.07
0.00
2.07
2.14
4.72
0.00
4.72
201213
6.52
201314
7.44
201415
9.19
201516
7.42
201213
201314
201415
201516
533.17
503.14
0.06
526.57
494.98
0.06
591.66
557.60
0.06
342.98
324.16
0.05
167.53
191.59
224.95
166.99
Interest on working Capital
Particulars
IWC
Profit & Loss Account
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts, int of W/Capital
etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
140.23
7.37
28.85
2.31
1.37
3.80
0.00
6.52
146.57
5.23
30.03
3.87
2.00
1.58
0.00
7.44
194.13
2.30
32.30
2.65
2.53
2.07
0.00
9.19
127.25
16.65
35.02
1.54
5.54
4.72
0.00
7.42
-10.32
180.13
8.86
2.72
0.35
197.69
0.00
0.00
-3.36
193.36
9.06
3.68
0.15
198.88
0.00
0.00
0.00
245.16
9.39
3.68
0.31
251.18
0.00
0.00
0.00
198.14
10.16
3.68
0.31
204.92
Surplus(+) / Shortfall(-)
-30.16
-7.29
-26.23
-37.93
201213
9.92
0.39
6.60
1.74
201314
10.23
0.79
8.39
1.92
201415
11.09
0.85
9.23
1.55
201516
12.03
0.92
10.01
1.68
LTPS
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Assam Power Generation Corporation Limited
Page 152 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
0.01
0.05
0.01
0.00
0.00
0.01
0.12
3.61
0.01
0.03
0.00
0.07
0.00
0.00
0.05
5.36
0.01
0.03
0.00
0.08
0.00
0.00
0.04
5.30
0.01
0.03
0.00
0.08
0.00
0.00
0.04
5.75
22.46
0.00
22.46
26.85
0.00
26.85
28.19
0.00
28.19
30.55
0.00
30.55
201213
0.08
0.11
0.03
0.00
0.07
0.00
0.03
0.01
0.01
0.10
0.03
201314
0.13
0.58
0.04
0.00
0.00
0.01
0.14
0.01
0.02
0.23
0.01
201415
0.12
0.63
0.02
0.00
0.00
0.00
0.48
0.00
0.00
0.12
0.00
201516
0.13
0.68
0.02
0.00
0.00
0.00
0.52
0.00
0.00
0.13
0.00
Administrative & purchase related expenses
0.54
1.93
2.08
2.26
Sub Total:
Less: Capitalised
Total:
1.00
0.00
1.00
3.10
0.00
3.10
3.46
0.00
3.46
3.74
0.00
3.74
201213
0.00
0.59
0.01
0.21
0.00
0.01
0.82
201314
0.00
2.95
0.03
0.26
0.43
0.01
3.69
201415
0.00
2.95
0.03
0.26
0.43
0.01
3.69
201516
0.00
2.95
0.03
0.26
0.43
0.01
3.69
201213
201314
201415
201516
Subtotal
Less: Capitalisation
Total
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Other Income
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
Repairs & Maintenance
Particulars
A. Special Type Repair & Maintenance:-
Assam Power Generation Corporation Limited
Page 153 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Hydraulic
Other civil works
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
0.00
6.44
18.00
2.18
0.44
0.18
0.18
0.00
0.01
0.16
0.01
0.00
0.00
3.15
4.77
0.58
0.13
0.00
0.00
0.01
0.18
0.04
1.23
0.00
6.95
7.03
0.03
0.06
0.29
0.04
0.13
0.01
0.01
1.41
0.00
15.45
8.08
0.03
0.07
0.33
0.05
0.15
0.01
0.01
1.62
0.00
28.35
201213
0.00
0.00
0.02
0.03
1.36
0.00
0.00
0.13
0.03
0.02
0.00
0.54
2.13
201314
0.00
0.08
0.01
0.05
1.98
0.00
0.00
0.00
0.02
0.01
0.00
3.31
5.46
201415
0.00
0.08
0.01
0.06
6.30
0.00
0.02
0.07
0.00
0.01
0.00
5.17
11.74
201516
0.00
0.08
0.01
0.14
7.00
0.00
0.00
0.00
0.00
0.02
0.00
1.61
8.86
2.13
-0.13
5.33
-0.13
11.61
-0.13
8.73
201213
3.52
2.12
5.64
0.00
5.64
201314
3.11
0.02
3.12
0.00
3.12
201415
3.02
0.02
3.04
0.00
3.04
201516
4.71
2.14
6.85
0.00
6.85
201213
5.12
201314
10.98
201415
13.23
201516
15.23
Depreciation
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & ficture
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total:
Depreciation on 90% of the Assets funded by Grants/subsidies
Net Total
Interest & financing charges
Particulars
Interest on loans
Other finance charges
Sub total
Less: Interest capitalised
Total
Interest on working Capital
Particulars
IWC
Assam Power Generation Corporation Limited
Page 154 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Profit & Loss Account
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
201213
201314
201415
201516
696.72
611.18
0.12
703.59
642.97
0.09
720.27
660.18
0.08
689.87
641.58
0.07
182.78
264.46
307.03
294.99
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts, int of W/Capital
etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
225.16
3.15
22.46
1.00
2.13
5.64
0.00
5.12
238.58
6.95
26.85
3.10
5.33
3.12
0.00
10.98
283.33
15.45
28.19
3.46
11.61
3.04
0.00
13.23
319.26
28.35
30.55
3.74
8.73
6.85
0.00
15.23
-10.32
254.34
9.66
0.82
0.01
271.78
0.00
0.00
-3.36
291.57
10.07
3.69
0.15
298.11
0.00
0.00
0.00
358.31
10.67
3.69
0.31
365.60
Surplus(+) / Shortfall(-)
-89.00
-33.64
-58.57
0.00
0.00
0.00
412.71
11.50
3.69
0.31
420.83
125.84
201213
4.74
0.00
2.93
1.18
0.00
0.02
0.01
0.18
0.00
0.00
0.02
1.74
201314
4.89
0.00
3.64
1.50
0.01
0.02
0.00
0.09
0.00
0.00
0.01
3.01
201415
5.30
0.00
4.00
1.33
0.01
0.00
0.00
0.10
0.00
0.00
0.01
2.70
201516
5.75
0.00
4.34
1.44
0.01
0.00
0.00
0.11
0.00
0.00
0.01
2.93
10.83
0.00
10.83
13.17
0.00
13.17
13.46
0.00
13.46
14.59
0.00
14.59
KLHEP
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
Assam Power Generation Corporation Limited
Page 155 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Administration and General Expenses
201213
0.02
0.87
0.04
0.00
0.18
0.01
0.00
0.00
0.02
0.30
0.00
201314
0.01
0.05
0.02
0.00
0.01
0.01
0.00
0.00
0.04
0.46
0.01
201415
0.12
0.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.22
0.01
201516
0.13
0.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.24
0.02
Administrative & purchase related expenses
1.16
3.86
2.34
2.53
Sub Total:
Less: Capitalised
Total:
2.61
0.00
2.61
4.44
0.00
4.44
2.75
0.00
2.75
2.97
0.00
2.97
201213
0.00
2.40
0.01
0.20
0.05
0.00
2.65
201314
0.00
2.95
0.01
0.26
0.01
0.00
3.23
201415
0.00
2.95
0.01
0.26
0.01
0.00
3.23
201516
0.00
2.95
0.01
0.26
0.01
0.00
3.23
201213
201314
201415
201516
0.00
0.00
0.00
9.93
0.27
0.64
0.89
0.03
0.04
0.02
0.01
0.00
0.19
5.90
0.03
0.06
0.29
0.04
0.13
0.01
0.01
0.00
0.22
6.79
0.03
0.07
0.33
0.05
0.15
0.01
0.01
0.00
0.25
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Other Income
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
Repairs & Maintenance
Particulars
A. Special Type Repair & Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Hydraulic
Other civil works
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
6.79
0.17
0.64
0.32
0.00
0.07
0.01
0.02
0.00
0.00
Assam Power Generation Corporation Limited
Page 156 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Total:
8.02
12.03
6.69
7.69
201213
0.00
0.74
4.96
2.27
0.00
4.50
0.84
0.00
0.01
0.01
0.00
0.01
13.33
201314
0.00
0.47
3.11
2.02
0.00
4.06
0.00
0.00
0.00
0.00
0.00
0.00
9.67
201415
0.00
0.47
3.11
2.03
0.00
4.06
0.77
0.00
0.01
0.00
0.00
0.01
10.47
201516
0.00
0.47
3.11
2.06
0.00
4.12
0.77
0.00
0.01
0.00
0.00
0.03
10.58
13.33
-2.11
7.56
-1.80
8.67
-1.84
8.74
201213
15.37
0.87
16.24
0.00
16.24
201314
10.84
0.02
10.86
0.00
10.86
201415
10.08
0.02
10.10
0.00
10.10
201516
9.04
2.14
11.19
0.00
11.19
201213
2.40
201314
2.34
201415
2.10
201516
2.22
201213
201314
201415
201516
344.02
342.30
0.01
422.51
420.40
0.01
366.98
365.15
0.01
390.00
388.05
0.00
57.02
75.39
70.35
74.04
Depreciation
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & ficture
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total:
Depreciation on 90% of the Assets funded by Grants/subsidies
Net Total
Interest & financing charges
Particulars
Interest on loans
Other finance charges
Sub total
Less: Interest capitalised
Total
Interest on working Capital
Particulars
IWC
Profit & Loss Account
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
EXPENDITURE
Assam Power Generation Corporation Limited
Page 157 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts, int of W/Capital
etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
Surplus(+) / Shortfall(-)
0.12
8.02
10.83
2.61
13.35
16.24
0.00
2.40
0.00
12.03
13.17
4.44
7.56
10.86
0.00
2.34
0.00
6.69
13.46
2.75
8.67
10.10
0.00
2.10
0.00
7.69
14.59
2.97
8.74
11.19
0.00
2.22
0.00
0.00
-44.38
9.18
9.54
2.65
0.14
16.21
0.00
0.00
-3.36
47.05
9.54
3.23
0.15
53.50
0.00
0.00
0.00
43.77
9.54
3.23
0.31
50.38
0.00
0.00
0.00
47.40
9.54
3.23
0.31
54.01
40.81
21.89
19.97
20.03
201213
3.08
0.12
2.04
0.54
0.00
0.02
0.00
0.00
0.00
0.00
0.04
1.12
201314
3.17
0.24
2.60
0.60
0.00
0.02
0.00
0.01
0.00
0.00
0.01
1.66
201415
3.44
0.26
2.86
0.48
0.00
0.01
0.00
0.01
0.00
0.00
0.01
1.70
201516
3.73
0.29
3.10
0.52
0.00
0.01
0.00
0.01
0.00
0.00
0.01
1.84
6.96
0.00
6.96
8.32
0.00
8.32
8.78
0.00
8.78
9.51
0.00
9.51
201213
0.02
0.03
0.01
0.00
0.02
0.00
0.01
201314
0.04
0.18
0.01
0.00
0.00
0.00
0.04
201415
0.00
0.20
0.01
0.00
0.00
0.00
0.15
201516
0.00
0.21
0.01
0.00
0.00
0.00
0.16
LWHRP
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Assam Power Generation Corporation Limited
Page 158 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
0.00
0.00
0.03
0.01
0.00
0.01
0.07
0.00
0.00
0.00
0.04
0.00
0.00
0.00
0.04
0.00
Other purchase related expenses
0.17
0.60
0.05
0.05
Sub Total:
Less: Capitalised
Total:
0.31
0.00
0.31
0.96
0.00
0.96
0.44
0.00
0.44
0.47
0.00
0.47
201213
0.00
0.57
0.00
0.06
1.35
0.00
1.98
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201213
201314
201415
201516
0.00
0.00
0.00
0.68
0.14
0.05
0.05
0.00
0.00
0.05
0.00
0.00
0.00
0.98
1.48
0.18
0.04
0.00
0.00
0.00
0.06
0.01
0.00
0.00
1.77
0.36
0.04
0.08
0.00
0.01
0.00
0.12
0.11
0.00
0.00
0.72
0.41
0.05
0.09
0.00
0.01
0.00
0.14
0.13
0.00
0.00
0.83
201213
0.00
0.00
0.56
0.94
13.10
201314
0.00
0.00
0.40
0.85
11.64
201415
0.00
0.00
0.40
0.85
11.49
201516
0.00
0.00
0.40
0.85
11.49
Other Income
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
Repairs & Maintenance
Particulars
A. Special Type Repair & Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Hydraulic
Other civil works
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
Depreciation
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Assam Power Generation Corporation Limited
Page 159 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & ficture
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total:
0.00
0.20
0.00
0.00
0.00
0.00
0.00
14.80
0.00
0.18
0.00
0.00
0.00
0.00
0.00
13.07
0.00
0.18
0.00
0.00
0.00
0.00
0.00
12.92
0.00
0.18
0.00
0.00
0.00
0.00
0.03
12.95
14.80
-2.02
11.05
-2.02
10.90
-2.02
10.93
201213
16.76
0.00
16.76
0.00
16.76
201314
15.64
0.00
15.64
0.00
15.64
201415
14.04
0.00
14.04
0.00
14.04
201516
12.44
0.00
12.44
0.00
12.44
201213
1.79
201314
1.54
201415
1.44
201516
1.44
201213
201314
201415
201516
191.36
174.99
0.09
192.56
174.49
0.09
215.03
195.11
0.09
171.12
155.04
0.09
52.33
15.56
16.05
14.41
0.00
0.98
6.96
0.31
14.80
16.76
0.00
1.79
0.00
1.77
8.32
0.96
11.05
15.64
0.00
1.54
0.00
0.72
8.78
0.44
10.90
14.04
0.00
1.44
0.00
0.83
9.51
0.47
10.93
12.44
0.00
1.44
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Depreciation on 90% of the Assets funded by Grants/subsidies
Net Total
Interest & financing charges
Particulars
Interest on loans
Other finance charges
Sub total
Less: Interest capitalised
Total
Interest on working Capital
Particulars
IWC
Profit & Loss Account
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts, int of W/Capital
etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Assam Power Generation Corporation Limited
Page 160 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
Surplus(+) / Shortfall(-)
41.61
9.93
1.98
0.00
50.62
39.28
9.93
0.00
0.00
49.21
36.32
9.93
0.00
0.00
46.25
35.62
9.93
0.00
0.00
45.54
1.71
-33.66
-30.21
-31.13
NRPP
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
201213
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
7.30
0.27
6.04
1.03
0.01
0.03
0.02
0.05
0.00
0.00
0.04
1.22
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
16.01
5.34
10.67
201213
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
0.06
0.00
0.01
0.00
0.01
0.00
0.02
0.00
0.00
0.11
0.00
0.00
0.00
0.00
1.13
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Administrative & purchase related expenses
Assam Power Generation Corporation Limited
Page 161 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Sub Total:
Less: Capitalised
Total:
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1.33
0.44
0.89
201213
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201213
201314
201415
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201213
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
0.00
0.00
0.00
0.26
17.39
0.00
0.02
0.00
0.15
0.00
0.00
0.24
18.05
Other Income
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
Repairs & Maintenance
Particulars
A. Special Type Repair &
Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Hydraulic
Other civil works
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
Depreciation
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & ficture
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total:
Assam Power Generation Corporation Limited
Page 162 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Depreciation on 90% of the Assets funded by
Grants/subsidies
0.00
Net Total
0.00
0.00
0.00
0.00
0.00
-3.26
14.78
201213
201314
201415
201516
5.07
0.00
5.07
19.71
0.00
19.71
19.71
0.00
30.26
0.00
30.26
-5.07
0.00
17.01
0.00
17.01
17.01
0.00
-10.09
20.18
0.00
0.00
0.00
4.39
201213
201314
201415
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
295.14
281.57
0.05
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
5.07
0.00
0.00
0.00
0.00
0.00
17.01
17.01
0.00
0.00
0.00
0.00
0.00
0.00
19.71
19.71
0.00
75.41
0.00
10.67
0.89
14.78
30.26
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Interest & financing charges
Particulars
Interest & financing charges
Interest on loans
Other finance charges
Sub total
Less: Interest capitalised
Total
Interest on working capital per AERC
Profit & Loss Account
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses
capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts,
int of W/Capital etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
Surplus(+) / Shortfall(-)
-5.07
0.00
0.00
-10.09
4.39
0.00
0.00
0.00
126.32
14.57
0.00
0.00
140.89
140.89
Myntriang
Employee Expenses
Assam Power Generation Corporation Limited
Page 163 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
201213
0.30
0.19
0.08
0.56
0.56
0.00
2013-14
0.28
0.00
0.23
0.09
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2014-15
0.30
0.00
0.25
0.07
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2015-16
1.49
0.00
1.22
0.36
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.60
0.00
0.60
0.63
0.00
0.63
3.06
1.59
1.47
2013-14
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
2014-15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.02
0.00
2015-16
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.14
0.00
0.06
0.07
0.36
0.10
0.00
0.10
0.09
0.00
0.09
0.50
0.26
0.24
2013-14
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2014-15
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2015-16
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
201213
0.02
0.10
Administrative & purchase related expenses
Sub Total:
Less: Capitalised
Total:
0.12
0.12
0.00
Other Income
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
201213
Assam Power Generation Corporation Limited
Page 164 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Repairs & Maintenance
201213
Particulars
2013-14
2014-15
2015-16
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
201213
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
2013-14
0.00
0.00
0.18
0.03
0.00
0.21
0.00
0.00
0.00
0.00
0.00
0.00
0.42
2014-15
0.00
0.00
0.37
0.06
0.00
0.42
0.01
0.00
0.00
0.00
0.00
0.00
0.84
2015-16
0.00
0.01
0.65
0.14
0.00
1.10
0.05
0.00
0.00
0.00
0.00
0.00
1.94
0.00
-0.70
-0.28
-1.74
-0.90
-2.46
-0.52
2013-14
0.28
0.00
0.28
-0.26
0.02
2014-15
0.95
0.00
0.95
-0.63
0.32
2015-16
0.84
0.00
0.84
-0.37
0.47
A. Special Type Repair &
Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Hydraulic
Other civil works
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
Depreciation
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & ficture
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total:
Depreciation on 90% of the Assets funded by
Grants/subsidies
Net Total
Interest & financing charges
Particulars
Interest on loans
Other finance charges
Sub total
Less: Interest capitalised
Total
201213
Assam Power Generation Corporation Limited
Page 165 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Interest on working Capital
201213
Particulars
IWC
2013-14
0.02
2014-15
0.07
2015-16
0.13
2013-14
2014-15
2015-16
0.00
0.00
0.00
0.71
0.70
0.02
41.59
41.17
0.01
0.00
0.00
0.00
0.00
0.03
0.60
0.10
-0.28
0.28
0.00
0.03
0.63
0.09
-0.90
0.95
0.00
0.03
1.47
0.24
-0.52
0.84
-0.26
0.02
-0.63
0.07
-0.37
0.13
0.00
0.00
0.00
0.49
0.00
0.00
0.00
0.49
0.00
0.00
0.00
0.24
0.86
0.00
0.00
1.11
0.00
0.00
0.00
1.82
3.27
0.00
0.00
5.09
-0.49
-1.11
-5.09
Profit & Loss Account
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses
capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts,
int of W/Capital etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
Surplus(+) / Shortfall(-)
201213
7. Chandrapur Thermal Power Station
7.1. FY 12-13 to 15-16 Data
Employee Expenses
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
201213
1.79
0.00
1.02
0.19
0.00
201314
1.64
0.00
1.19
0.18
0.00
Assam Power Generation Corporation Limited
201415
1.78
0.00
1.31
0.09
0.00
201516
1.93
0.00
1.42
0.10
0.00
Page 166 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Subtotal
Less: Capitalisation
Total
3.01
0.00
3.01
3.02
0.00
3.02
3.18
0.00
3.18
3.45
0.00
3.45
201213
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.00
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.01
0.00
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Administrative & purchase related expenses
0.14
0.05
0.01
0.01
Sub Total:
Less: Capitalised
Total:
0.15
0.00
0.15
0.06
0.00
0.06
0.02
0.00
0.02
0.01
0.00
0.01
201213
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201213
201314
201415
201516
0.00
0.00
0.00
Administration and General Expenses
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Other Income
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
Repairs & Maintenance
Particulars
A. Special Type Repair & Maintenance:Overhauling Works
Assam Power Generation Corporation Limited
Page 167 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Hydraulic
Other civil works
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
0.00
0.00
0.11
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.03
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201213
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201314
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201415
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
201213
0.09
0.00
0.09
0.00
0.09
201314
0.05
0.00
0.05
0.00
0.05
201415
0.05
0.00
0.05
0.00
0.05
201516
0.04
0.00
0.04
0.00
0.04
201213
0.00
201314
0.00
201415
0.00
201516
0.00
Depreciation
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & ficture
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total:
Depreciation on 90% of the Assets funded by Grants/subsidies
Net Total
Interest & financing charges
Particulars
Interest on loans
Other finance charges
Sub total
Less: Interest capitalised
Total
Interest on working Capital
Particulars
IWC
Profit & Loss Account
Assam Power Generation Corporation Limited
Page 168 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts, int of W/Capital
etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
Surplus(+) / Shortfall(-)
201213
201314
201415
201516
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.11
3.01
0.15
0.00
0.09
0.00
0.00
0.00
0.03
3.02
0.06
0.00
0.05
0.00
0.00
0.00
0.00
3.18
0.02
0.00
0.05
0.00
0.00
0.00
0.00
3.45
0.01
0.00
0.04
0.00
0.00
0.00
0.00
0.00
3.35
0.00
0.00
0.00
3.35
0.00
0.00
0.00
3.16
0.00
0.00
0.00
3.16
0.00
0.00
0.00
3.24
0.00
0.00
0.00
3.24
0.00
0.00
0.00
3.50
0.00
0.00
0.00
3.50
-3.35
-3.16
-3.24
-3.50
Assam Power Generation Corporation Limited
Page 169 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
APPEAL FOR TRUE-UP FOR THE FINANCIAL YEAR
2013-14
To
Assam Electricity Regulatory Commission
By
Assam Power Generation Corporation Limited
Bijulee Bhawan, Paltanbazar
Guwahati-781 001
Assam Power Generation Corporation Limited
Page 170 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
13.0. APPEAL FOR TRUING UP FOR FY 2013-14
Table 36:
Particulars
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
Revenue from Secondary Energy Charges of
KLHEP
Total revenue from Sale of Power
Other Income
Total revenue income
EXPENDITURE
Cost of fuel
Employee Expenses
R&M Expenses
Lubricants & Consumable stores
Total R& M Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Provision for taxes
Prior period items
ROE
Interest on working Capital
Amount
appeared in
Annual
Accounts
13-14
1786.40
1713.76
4.07%
1845.228
1732.847
6.09%
1845.23
1732.85
6.09%
483.95
547.05
544.49
10.99
494.94
10.55
557.60
2.51
547.00
10.60
557.60
289.45
78.12
14.91
385.36
82.00
24.60
1.23
25.83
12.53
28.68
43.96
0.45
84.15
385.15
82.00
494.94
688.79
613.95
7.97
494.94
0
688.79
-131.19
14.91
5.93
16.35
30.90
0.93
Amount
claimed
for TrueUp
37.99
18.25
Total Revenue Requirement
Add: Incentive for generation for FY 2013-14
Add: Incentive for Secondary Energy generation
for FY 2013-14
Gross Expenditure
Surplus(+) / Shortfall(-)
Note:
I
Approved
Tariff
Order 1314
26.03
12.53
25.66
31.28
0.45
-10.07
38.59
22.32
2.51
624.43
-66.83
Auxiliary Consumption: Actual APC of LTPS and NTPS for 2013-14 against
normative APC is as given below:
Power Station
Normative
APC
Actual APC
for 2013-14
LTPS
NTPS
KLHEP
APGCL Total
5.5%
4.5%
0.50%
4.07%
8.78%
6.00%.
0.50%
6.09%
APC as per APGCL’s
Petition for Review of
Normative APC
7.50%
5.50%
0.50%
5.33%
Assam Power Generation Corporation Limited
Page 171 of 228
Remarks
***
^^^
@@
$$
##
%%
&&
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
The Actual APC of APGCL is higher than the normative APC. Reason for this
has already been explained in details in the Section 3.2 at Page No. 22 to 32
above. The actual APC of APGCL for 2013-14 is 6.09%. However, it comes
down to 5.33% if the APC of LTPS and NTPS are considered as per APGCL’s
Petition for review of normative APC of LTPS and NTPS. In view of this, APGCL
appeals to AERC to consider APC of APGCL as 5.33%.for the True-up of 201314.
Station Heat Rate: Actual Station Heat Rate of LTPS & NTPS against the Heat
Rate given by AERC in the Draft amendment of AERC (Terms and Conditions
for Determination of Tariff) Regulations 2006 is as given below:
Station
Actual Gross Heat Rate
Heat Rate as per
on GCV basis in 2013- AERC’s Draft Amended
14 (kcal/kWh)
Regulation
(kcal/kWh)
LTPS with WHRU
3164
3200
NTPS
3976
4170
II
Actual Station Heat Rates of LTPS and NTPS are more or less similar with that
of the Draft Amended Regulation of AERC. In view of this, APGCL appeals to
consider the actual Heat Rates of LTPS and NTPS in the True-up of 2013-14.
III
***
Note 21 of Annual Accounts 13-14 includes as follows:a. Sale of Power (ASEB)
547.00
b. Sale of scrap
0.06
Total Revenue from operation appeared in Profit & Loss Account 13-14
(less):- Sale of Scrap
Total Revenue from tariff and Misc Charges claimed for true up
547.05
0.06
547.00
A statement of Month wise bill from Sale of Power is provided below:
Assam Power Generation Corporation Limited
Page 172 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
MONTHWISE BILL FOR SALE OF POWER
For The Year 2013-14
MONTH
Fixed Charge
AMOUNT
Variable Charge
NTPS
LTPS
FPA Bill
Secondary Charge
Total
NTPS (AMOUNT) LTPS (AMOUNT)
Total SOP
Total
April'13
18,76,50,000.00
3,73,84,019.40
8,73,34,048.62
12,47,18,068.02
-
5,21,25,807.31
7,17,88,209.73
12,39,14,017.04
43,62,82,085
May'13
18,76,50,000.00
4,05,47,033.80
8,96,91,153.30
13,02,38,187.10
-
6,01,32,094.92
7,43,66,873.28
13,44,98,968.20
45,23,87,155
June'13
18,76,50,000.00
3,34,25,319.20
7,55,96,672.34
10,90,21,991.54
-
4,62,10,236.27
6,85,22,499.32
11,47,32,735.59
41,14,04,727
July'13
18,76,50,000.00
3,49,35,482.40
7,66,44,203.58
11,15,79,685.98
-
5,27,57,623.46
7,97,59,202.84
13,25,16,826.30
43,17,46,512
August'13
18,76,50,000.00
3,45,57,377.40
7,14,11,749.92
10,59,69,127.32
-
5,39,72,526.02
7,63,31,518.53
13,03,04,044.55
42,39,23,172
September'13
18,76,50,000.00
3,17,85,117.00
7,29,91,560.60
10,47,76,677.60
-
5,37,01,302.01
8,47,94,029.58
13,84,95,331.59
43,09,22,009
October'13
18,76,50,000.00
3,74,96,113.20
8,64,63,228.60
12,39,59,341.80
-
6,48,68,137.86
10,07,67,633.94
16,56,35,771.80
47,72,45,114
November'13
18,76,50,000.00
3,57,91,228.20
9,64,15,023.60
13,22,06,251.80
-
6,06,15,545.96
9,81,20,705.79
15,87,36,251.75
47,85,92,504
December'13
17,12,41,666.67
9,97,85,268.00
17,46,47,322.30
27,44,32,590.30
-
1,32,61,841.36
2,15,61,364.98
3,48,23,206.34
48,04,97,463
January'14
17,12,41,666.67
10,14,66,068.00
17,96,52,905.04
28,11,18,973.04
-
1,17,41,064.85
3,06,83,701.67
4,24,24,766.52
49,47,85,406
17,12,41,666.67
10,72,87,928.00
13,48,28,634.18
24,21,16,562.18
84,26,180.39
1,96,65,524.84
2,26,69,054.04
4,23,34,578.88
46,41,18,988
25,80,55,463.64
79,59,218.93
1,45,03,819.70
2,75,44,637.82
4,20,48,457.52
47,93,04,807
January'14
February'14
March'14
-
17,12,41,666.67
8,91,87,252.00
16,88,68,211.64
Additional for FY 13-14
TOTAL
2,18,61,66,666.68
68,36,48,206.60
1,31,45,44,713.72
1,99,81,92,920.32
52,18,526.25
52,18,526
35,30,043.09
2,51,33,968.66
35,30,043
50,35,55,524.56
75,69,09,431.52
1,26,04,64,956.08
Assam Power Generation Corporation Limited
5,46,99,58,512
Page 173 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
^^^
IV
V
@
Other Income appeared in Profit and Loss A/c 13-14
10.55
Add:- Sale of Scrap appeared in Note 21 of Annual Accounts 13-14
Total Other Income claimed
0.06
10.60
Cost of fuel detailed in Note 24 of Annual Accounts is as follows:
a. Gas
b. Gas/Oil (Internal Combustion)
Total
29.86
355.50
385.36
The Gas/Oil (internal combustion) includes Rs. 0.20 Crore towards Oil (Internal Combustion) which is now
claimed in Repair & Maintenance. An abstract from Quarterly Trial Balance is Annexed at Annexure-A
VI
$$ 1.
Repair & Maintenance claimed in true up as follows:Note 27 of Annual Accounts 13-14
(+) Lubricants and consumable stores (Note 24 of Annual Accounts)
(+)Oil (Internal Combustion) ( Refer Note V)
Total R& M Expenses Claimed
24.60
1.23
0.20
26.03
2.
During FY 13-14 there was an expenditure for the Overhauling of Karbi Langpi
HEP Unit #2 of Rs. 9.03 Cr. the Overhauling work was approved by the
Commission in the following breakup:
In the Tariff Order for 13-14: Rs. 4.10 Cr.
In the Review Order of 13-14: Rs. 12.73 Cr.
Total Overhauling amount:
Rs. 16.83 Cr.
Further there was an expenditure of Rs. 5.77 Cr for LTPS for procurement of
Plant & Machinery spares.
Moreover while approving R&M for FY 13-14 @ Rs. 14.91 does not include
Lubricants & consumables and Turbine Oil expenses, which is now in addition
to normal R&M expenses claimed in the true up.
VII
++
The Hon’ble Commission has approved an amount of Rs. 5.93 for FY 13-14.
However, during FY 13-14 an amount of Rs. 5.78 Cr has been further provided for
Electricity Bill of Different Offices of APGCL to be paid to APDCL in addition to
normal A&G expenses in the annual accounts, which resulted in increase in A&G
expenses compared to previous year and than that approved by the Commission.
VIII
##
Depreciation Calculated at norms specified by Hon'ble AERC.
IX
%%
1. Sanction letters of Loans from GOA received up to FY 13-14 is provided at
Annexure-B
2. Interest rate considered for State Govt. Loan is provided at Annexure-C
3. Loan drawl from PFCL during FY 13-14 is provided at Annexure-D
4. Interest and repayments made to PFCL during FY 13-14 and for FY 14-15
(up to Dec’14) is provided at Annexure-E
5. Moreover as the GPF trust is not formed till FY 13-14, no interest on GPF
claimed for that FY in true up.
X
!!
APGCL incurred Taxes on account of TDS on investments. Relevant TDS certificates
are Annexed at F
XI
&&
Prior Period items appeared in Annual Accounts and claimed in True-up for FY 201314 is detailed below:
Assam Power Generation Corporation Limited
Page 174 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Appeared in
Annual
Accounts
Details of Prior Period Items
(a) Prior period income includes:(i) withdrawl of excess provision of interest on public bond as per C&AG's comment No.A.1 by Rs. 20,78,46,329/for periods 2005-06 to 2009-10
Claimed in
True up
Remarks
207846329
0.00 The said amount was not considered in earlier tariff orders by the
Honble Commission in earlier tariff orders , hence not claimed.
(ii) withdrawl of excess provision of bond repayment issued via warrant by Rs. 4,04,29,489/-.
40429489
0.00 The withdrawal of excess provision of bond repayment is a capital item
and does not form part of any component of ARR , hence not taken
into consideration
(iii) withdrawl of provision made against "Assam Building & other Construction Workers Welfare Cess" in prior
period as per C&AG commnent No.A.04 by Rs.1,73,63,728/-.
17363728
0.00 The Hon'ble Commission allowed provision for taxes on submission of
payment challans for taxes and did not considered provision made
against "Assam Building & Other Constuction workers welfare cess in
earlier tariff orders and hence the said amount is not claimed.
(iv) withdrawl of adjustment Jv. No.21 of FY 2012-13 as per POS-11 of C&AG audit by Rs.1,58,37,047/-.
15837047
0.00 The adjustment relates to oil stock which does not form of any
component of ARR, hence not claimed in Prior period income:
100484453
(v) withdrawl of excess provision of ROP arrear for FY 09-10
100484453
(vi) withdrawl of ADB loan interest accounted in prior period
953971
vii) Interest income for prior period
viii) Other income relating to prior period
Subtotal (a)
(b) Prior period expense includes:i) Operating expenses for Prior Period (KLHEP)
(ii) LD recovered from BHEL against LWHRP booked as other income now rectified & adjusted with asset as per
commnent C&AG No.A.03 by Rs.5,57,11,893/-
1315
1315
1030296
1030296
383946628
101516064
759224
759224
55711893
(iiI) Revenue surplus of Rs.96.38 crore for 09-10 and Rs.20.51 crore for 10-11 arrived by AERC while truing up
adjusted as per commnent C&AG No.C.1
1168900000
iv) Other charges relating to Prior Period
93547
1225464664
841518036
Subtotal (b)
Net Prior Period
0.00 The said amount was not considered in earlier tariff orders by the
Honble Commission in earlier tariff orders , hence not claimed.
0.00 The amount of LD recovered from BHEL is adjusted with Asset and
does not form part of any component of ARR , hence not claimed in
prior period expense. However the effect of same is considered while
computing Depreciation.
0.00 Revenue surplus of Rs.96.38 crore for 09-10 and Rs.20.51 crore for 1011 arrived by AERC while truing up adjusted as per comment C&AG
No.C.1
93547
852771
-100663293
Assam Power Generation Corporation Limited
Page 175 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
ENERGY CHARGE OF APGCL: 2013-14
STATION
Energy
Charge
(Rs./kWh)
Apr/13
May/13
Jun/13
Jul/13
Aug/13
Sep/13
Oct/13
Nov/13
Dec/13
Jan/14
Feb/14
Mar/14
Total
Fuel Quantity (MMSCM)
26.41
26.64
23.40
21.92
21.99
23.11
23.45
25.21
26.70
27.76
24.10
25.32
296.00
Fuel Cost Rs. in Cr.
18.84
19.05
17.47
17.99
17.96
19.71
19.96
20.89
22.30
23.09
20.19
21.10
238.56
Energy Sent Out (MU)
69.31
71.18
60.00
60.83
56.68
57.93
68.62
76.52
78.67
80.93
60.73
76.07
817.47
Namrup TPS
Fuel Quantity (MMSCM)
Fuel Cost Rs. in Cr.
Energy Sent Out (MU)
20.18
11.75
20.69
12.54
17.60
17.43
11.21
17.82
11.33
17.59
11.68
17.52
11.81
16.36
20.04
13.36
20.91
13.78
21.98
15.67
17.77
12.38
225.90
146.57
41.08
44.56
38.39
37.98
34.93
41.20
45.36
46.12
48.77
40.54
494.98
Lakwa TPS + WHRP
10.24
36.73
10.84
39.33
Assam Power Generation Corporation Limited
2.92
2.96
Page 176 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
1
2
NTPS
LTPS
Total
119.5
157.2
50%
50%
523.41
688.54
4.50%
5.50%
5
499.857
650.667
1150.523
6
50.30%
65.08%
6
526.568
896.150
1422.718
8
6.00%
8.78%
9
494.985
817.465
1312.450
10=(9-5)
-4.872
166.799
Incentive Rs Crore
Ex-bus energy eligible
for incentive
Net Generation
(Actual) (MU)
Actual aux.
consumption(%)
4
Gross Generation(Actual)
(MU)
3
Actual PLF
Approved aux.
consumption(%)
2
Net generation with
target PLF(MU)
Gross Generation with
target PLF (MU)
1
Target PLF for allowing
incentive(%)
SI. No.
Station
Installed Capacity (MW)
Incentive computation for thermal stations for FY 2013-14
11=25
paise x
10
0.00
4.17
4.17
Note: For NTPS the incentive is negative, hence it set to zero
Target Capacity Index
(Run of River with
Pondage Power
Station)
Actual Capacity Index
Capacity of APGCL
(MW)
Annual Fixed Charges
of APGCL (Rs Crore)
Annual Fixed Charges
of KLHEP (Rs Crore)
1
2
3
4
5
6
7=(2x6)/5
KLHEP
100
85%
95.10%
376.7
218.20
57.92
Incentive in (Rs
Crore)
Capacity of KLHEP
1
Station
SI. No.
Incentive computation for Hydro station for FY 2013-14
8= 0.65
x (4-3) x
7
3.80
Assam Power Generation Corporation Limited
Page 177 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Certificate for Energy Generation of APGCL for FY 2013-14 from SLDC
Assam Power Generation Corporation Limited
Page 178 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
PETITION FOR APPROVAL FOR ANNUAL
PERFORMANCE REVIEW FOR THE FINANCIAL
YEAR 2014-15
To
Assam Electricity Regulatory Commission
By
Assam Power Generation Corporation Limited
Bijulee Bhawan, Paltanbazar
Guwahati-781 001
Assam Power Generation Corporation Limited
Page 179 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
14 APPEAL FOR ANNUAL PERFORMANCE REVIEW OF 2014-15
14.1
Investments
Table 35
Investment (13-14)
Investment
LTPS
KLHEP
NRPP
MARGHERITA TPP
MYNTRIANG
KLHEP (Upper Stage)
KLHEP (Inter.Stage-I)
KLHEP (Inter.Stage-II)
KLHEP Barrage Toe
Project
SOURCE
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
(Rs. in Crore)
2013-14
1.50
5.39
50.00
0.90
8.00
0.90
0.30
0.30
0.30
Assam Power Generation Corporation Limited
Page 180 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
70 MW LRPP
TOTAL
14.2
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
0.98
0.00
18.57
0.00
50.00
0.00
68.57
The following tables highlight the individual’s details of each expense for FY 1213 &13-14.
14.2.1 Employees Expenses for FY 12-13 & 13-14
Table 36
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
2012-13
33.06
0.63
21.96
6.37
0.02
0.19
0.04
0.18
0.00
0.02
0.22
11.11
2013-14
33.81
1.44
27.12
6.93
0.03
0.18
0.05
0.27
0.00
0.01
0.13
12.04
73.80
1.67
72.11
82.00
0.00
82.00
14.2.2 Repairs & Maintenance for FY 12-13 & 13-14
Table 37
Particulars
A. Special Type Repair & Maintenance:Overhauling Works
B. Regular Repair & Maintenance:Plant & Machinery
Buildings
Other civil works
Hydraulic
2012-13
2013-14
0.00
0.00
16.12
1.57
1.02
0.55
20.60
1.81
0.87
0.89
Assam Power Generation Corporation Limited
Page 181 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
0.00
0.09
0.22
0.05
0.00
0.00
19.62
0.03
0.06
0.26
0.08
1.23
0.20
26.03
14.2.3 Administration and General Expenses for FY 12-13 & 13-14
Table 38
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Other purchase related expenses
Energy bill raised by APDCL
Sub Total:
Less: Capitalised
Total:
2012-13
0.23
1.25
0.13
0.00
0.43
0.02
0.04
0.01
0.05
0.70
0.15
3.48
0.00
6.50
0.12
6.38
2013-14
0.35
0.81
0.12
0.01
0.02
0.02
0.60
0.02
0.07
0.76
0.04
9.72
0.00
12.53
0.00
12.53
2012-13
0.00
5.96
0.03
0.69
1.50
0.01
8.17
2013-14
0.00
8.85
0.06
0.79
0.90
0.01
10.60
2012-13
0.00
0.74
5.55
3.32
15.75
4.50
1.04
0.13
0.04
2013-14
0.00
0.72
3.82
3.02
15.07
4.27
0.21
0.12
0.04
14.2.4. Income from Other Sources for FY 12-13 & 13-14
Table 39
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
14.2.5. Depreciation for FY 12-13 & 13-14
Table 40
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & fixtures
Assam Power Generation Corporation Limited
Page 182 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total
(Less) : Depreciation on 90% of the Assets funded by
Grants/subsidies
Net Total
0.03
0.00
0.55
31.66
0.05
0.00
3.72
31.05
31.66
-5.39
25.66
Note: Sanction Letters of Grant received by APGCL are annexed at G.
Statement of Grant received by APGCL is provided below:
2012-13
Sl.No.
FY
1.00
2.00
3.00
4.00
5.00
2004-05
2005-06
2006-07
2006-07
2006-07
Project for
Lungnit SHEP
LWHRP
Myntriang SHEP
KLHEP
KLHEP & LWHRP
6.00
6.00
2008-09 Namrup RPP
7.00
2009-10 Myntriang SHEP
8.00
2009-10 Lungnit SHEP
9.00
2009-10 Lungnit SHEP
10.00
2009-10 Namrup RPP
11.00
2009-10 LTPS
12.00
2009-10 NTPS
13.00
2009-10 KLHEP
14.00
2009-10 Lungnit SHEP
15.00
2009-10 Amring SHEP
16.00
2010-11 Namrup RPP
17.00
2010-11 Myntriang SHEP
18.00
2011-12 Namrup RPP
19.00
2011-12 Lower Kopili HEP
20.00
2012-13 Namrup RPP
21.00
2012-13 Myntriang SHEP
22.00
2012-13 KLHEP
Total
Add : ADB grant
Add:
Donated Capital Assets
Type of grant
MNRE
State Govt. grant
NABARD
State Govt. grant
State Govt. grant
Amount
LWHRP
165000000.00
KLHEP
416570000.00
State Govt. grant
NABARD
MNRE
MNRE
State Govt. grant
State Govt. grant
State Govt. grant
State Govt. grant
NEC
NEC
State Govt. grant
NABARD
State Govt. grant
State Govt. grant
State Govt. grant
NABARD
State Govt. grant
Total Capital Reserve as on 31.03.13
Grants & Subsidies on Capital Assets as on
01.04.13
Remarks
18000000.00 Work in progress
450000000.00
Capital asset
92289000.00 Work in progress
100000000.00
Capital asset
Capital asset
581570000.00
300000000.00
150000000.00
18000000.00
18000000.00
122500000.00
40000000.00
10000000.00
30000000.00
15000000.00
4000000.00
270000000.00
36153000.00
609750000.00
50000000.00
616950000.00
150000000.00
190000000.00
3872212000.00
11839991.00
108447500.00
Work
Work
Work
Work
Work
Work
Work
Work
Work
Work
Work
Work
Work
in progress
in progress
in progress
in progress
in progress
Capital
Capital
Capital
in progress
in progress
in progress
in progress
in progress
in progress
in progress
in progress
Capital
asset
asset
asset
asset
3,99,24,99,491
LWHRP
KLHEP
NTPS
LTPS
61,50,00,000
73,65,70,000
13,02,87,491
4,00,00,000
1521857491.00
2470642000.00
3,99,24,99,491
Grants & Subsidies on Work in progress as on
2013-14
Cummulative grant received by APGCL as on 01.04.13
Less : Transfer of capital grant to revenue grant as per commnent C&AG No.A.02)
Add: ADB loan to ADB grant as per order No.PEL.112/2005/54 dtd. 29/03/08)
Cummulative grant received by APGCL as on 01.04.14
Grants & Subsidies on Capital Assets as on
01.04.14
LWHRP
KLHEP
NTPS
LTPS
Myntrian
g SHEP
Grants & Subsidies on Work in progress as on 01.04.14
Cummulative grant received by APGCL as on 01.04.14
61,50,00,000
54,65,70,000
13,16,03,045
4,00,00,000
3992499491.00
-190000000.00
1315554.00
3,80,38,15,045
1,76,16,15,045
Capital asset
Capital asset
Myntriang SHEP
com m issioned in FY
2013-14. WIP Grants
converted to Capital
grant
42,84,42,000
2,04,22,00,000
3,80,38,15,045
Assam Power Generation Corporation Limited
Page 183 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
2014-15
Sl.No.
FY
Project for
Type of grant
Amount
Cummulative grant received by APGCL as on 01.04.14
1.00
2013-14 Namrup RPP
State Govt. grant
2.00
2013-14 Myntriang SHEP
State Govt. grant
3.00
2013-14 Myntriang SHEP
State Govt. grant
Remarks
3803815045.00
68550000.00 Work in progress
100000000.00
Capital asset
33000000.00
Capital asset
Myntriang Small Hydro
4.00
2014-15 Electric Project
State Govt. grant
Cummulative grant received by APGCL as on 01.04.15
Grants & Subsidies on Capital Assets as on
01.04.15
70000000.00
4,07,53,65,045
LWHRP
KLHEP
NTPS
LTPS
Myntrian
g SHEP
61,50,00,000
54,65,70,000
13,16,03,045
4,00,00,000
Capital asset
1,96,46,15,045
63,14,42,000
2,11,07,50,000
4,07,53,65,045
Grants & Subsidies on Work in progress as on
Cummulative grant received by APGCL as on 01.04.15
2015-16
Sl.No.
FY
Project for
Type of grant
Cummulative grant received by APGCL as on 01.04.15
Amount
4075365045.00
Remarks
Myntriang Small Hydro
1.00
2015-16 Electric Project
235000000.00
Capital asset
16700000.00
Capital asset
State Govt. grant
7475000.00
Capital asset
State Govt. grant
8250000.00 Work in progress
7.00
2015-16
State Govt. grant
Cummulative grant received by APGCL as on 01.04.16
4870000.00 Work in progress
4,34,76,60,045
2.00
2015-16
5.00
2015-16
6.00
2015-16
Karbi Langpi Hydel
Electric Project
SD for slope stabilisation
of Hatidubi KLHEP Dam
SD for procurement/
acquisition of Land for
Cachar distributed
acquisition of Land for
Titabor Pow er project
State Govt. grant
Grants & Subsidies on Capital Assets as on 01.04.16
LWHRP
KLHEP
NTPS
LTPS
Myntrian
NRPP
61,50,00,000
57,07,45,000
13,16,03,045
4,00,00,000
86,64,42,000
1,98,77,50,000
NRPP expected
commissioning in FY
2015-16. Hence WIP
4,21,15,40,045
Grants in respect of
NRPP converted to
Capital grant
Grants & Subsidies on Work in progress as on 01.04.16
13,61,20,000
Cummulative grant received by APGCL as on 01.04.16
4,34,76,60,045
Assam Power Generation Corporation Limited
Page 184 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
14.2.6 Repayment of Loan (Principal) for FY 12-13 & 13-14
Table 41
Particulars
PFC Loan
State Govt Loan
Total
2012-13
22.97
0.00
22.97
2013-14
22.97
0.00
22.97
2012-13
44.30
4.96
49.26
-6.73
42.53
2013-14
50.68
0.05
50.73
-19.46
31.27
14.2.7. Interest & financing charges
Table 42:
Particulars
Interest on loans
Other finance charges
Sub total
Less: Interest capitalised
Total
14.2.8 Interest on Working Capital
Table 43:
Particulars
One month Fuel Cost
One month approved O&M Cost
Maintenance Spares
Two month Receivables
Total
Interest @ 14.00 % for 12-13 & 14.75% for 13-14
2012-13
26.14
7.69
12.13
104.37
150.33
21.05
2013-14
32.10
9.79
12.48
96.97
151.34
22.32
Note: Interest on Normative working capital as per AERC
14.2.9.
Profit & Loss account for 2012-13 & 2013-14
Table 44:
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
O&M expenses of CTPS
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses capitalised
Interest on working Capital
2012-13
2013-14
1765.26
1631.60
7.57%
1845.23
1732.85
6.09%
459.66
0.00
547.00
0.00
365.50
19.62
72.11
6.38
31.66
49.26
-6.73
15.83
385.15
26.03
82.00
12.53
25.66
50.72
-19.44
22.32
Assam Power Generation Corporation Limited
Page 185 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Other Debits (incl. Prov. for bad debts, int of W/Capital
etc.)
Extraordinary Items
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
Add: Incentive for generation for FY 2013-14
Add: Incentive for Secondary Energy generation for
FY 2011-12
Surplus(+) / Shortfall(-)
0.00
0.00
-65.02
488.61
37.99
8.17
0.50
539.65
-79.99
Assam Power Generation Corporation Limited
0.00
0.00
-10.07
574.91
38.59
10.60
0.45
603.35
7.97
2.51
-66.83
Page 186 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
14.2.10
Balance Sheet for FY 12-13 & 13-14
Table 45:
Particulars
Source of Fund
Share Capital
Reserve & Surplus
Loans from State Govt
Loans from others
Total
Contributions, grants & subsidies towards cost of Capital Asset
Grand Total
Application of Fund
Net Fixed Assets
(A) Gross Block
(B) Less : Accumulated Depreciation
(C) Net Fixed Assets
(D) Capital-works-in-progress
(E) Asset not in use
(F) Deferred Cost
(G) Intengible Asset
Total of (C) to (G)
Investements
Subsidy receivable from Govt
Net Current Assets
A.
Current Assets, Loans & Advances
i) Inventories
ii) Receivables against Sale of Power
iii) Cash & Bank Balance
iv) Loans & Advances
v) Other current assets
Total of A
B.
Current Liabilities and provisions
i) Borrowing for Working Capital
ii) Payment due on Capital Libilities
iii) Other current liabilities
Total of B
Net Current Assets (A - B)
Profit/ Loss
Grand Total
2012-13
2013-14
455.86
30.45
117.21
374.39
455.86
36.33
135.78
405.49
977.91
399.25
1377.16
1033.47
380.38
1413.85
1284.44
597.70
686.74
565.93
1325.74
626.38
699.36
568.98
1252.67
0.00
1268.34
0.00
58.23
94.86
117.64
56.51
66.38
393.62
68.25
3.44
154.09
57.40
76.23
359.41
355.77
355.77
37.85
86.64
1377.16
386.91
386.91
-27.50
173.01
1413.85
Assam Power Generation Corporation Limited
Page 187 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
15. Revised Annual Revenue Requirement (ARR) for 2014-15
15.1
Table 46:
Assumptions for various Heads – I
2014-15
14.75%
ST PLR R & M Expenses
Employee Expenses
A & G Expenses
ROE
escalation rates
Other Income
Provision for Taxes
Provision for Bad and Doubtful Debts
% of revenue
Current Assets - per Actual
O&M Expenses
Mainranence spares
Receivable against sale of power
Current Assets - per AERC
O&M Expenses & fuel
Maintenance spares
Receivable against sale of power
Power purchase Payable
Depreciation rate applicable for
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery
Lines & Cable Network
Vehicles
Furniture & fixtures
Office equipment
Roads on land Belonging to others
Capital spares at generating stations
Cap of Asset Value
15.00%
8.42%
8.42%
14.00%
@ 10%
escalation
at
approved
by Hon'ble
AERC
0.00
On annual Expenditure
1% of Gross
Block
On the total revenue
demand
On annual Expenditure
1% of Gross
Block
On the total revenue
demand
Thermal
0.00
1.80%
2.57%
1.80%
6.00%
2.57%
18.00%
6.00%
6.00%
1.80%
4.75%
90.00%
Hydel
0.00
1.80%
2.57%
1.80%
2.57%
2.57%
18.00%
6.00%
6.00%
1.80%
4.75%
90.00%
Loan Rates - New Loan
Institution
Assam Power Generation Corporation Limited
11.40%
Page 188 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Existing Loans
Rates of interst
State Govt
10.50%
@
different
agreement
rates
11.40%
PFC
Other
Loan Repayment
Govt Loan
PFC
Others
11.07
22.97
0.00
Thermal
O & M for new stations on commercial
startup year subsequently @ inflation
Interest rate for investment income
Hydel
5.72%
O & M for new stations on commercial
startup year subsequently @ inflation
Interest rate for investment income
5.72%
15.2
Table 47
Assumptions for various heads – II
Investment
NTPS
LTPS
KLHEP
NRPP
MARGHERITA TPP
Rs. In Crores
SOURCE
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
2014-15
Fund from
Annual
Plan 13-14.
Investment
(14-15)
7.00
8.67
20.19
1.56
6.86
Assam Power Generation Corporation Limited
Page 189 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
MYNTRIANG
120 MW Lower kopili
Boundary wall at jagiroad
for KLHEP Store
KLHEP (Upper Stage)
70 MW LRPP
TOTAL
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt . Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
State Govt. Equity
State Govt. Loan
State Govt. Grant
PFC Loan
Others
2.00
13.30
7.00
7.00
0.36
0.60
0.00
7.00
20.16
0.00
0.00
27.16
0.00
40.38
7.00
0.00
0.00
47.38
74.54
15.3. Actual/ Projected Operating Performance Data for FY 2014-15
Table 48
NTPS
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
Gross Station Heat Rate on NCV(Kcal/ Kwh)
Sp. Gas Consumption (SCM/Kwh)
LTPS with WHRU
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
FY 14-15
591.66
5.8%
557.60
62.6%
57%
4056
0.4254
FY 14-15
935.30
8.6%
855.30
Assam Power Generation Corporation Limited
Page 190 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Availability (%)
PLF (%)
Gross Station Heat Rate on NCV(Kcal/ Kwh)
Sp. Gas Consumption (SCM/Kwh)
KLHEP
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Capacity Index (%)
PLF (%)
Myntriang SHEP St-II
Gross Energy in MU
Aux. Power Cons. (%)
Net Generation in MU
Availability (%)
PLF (%)
APGCL
APGCL Total Gross Generation (MU)
APGCL APC (%)
APGCL Total Net Generation (MU)
Availability (%)
PLF (%)
78.4%
68%
3058
0.3088
FY 14-15
366.98
0.5%
365.15
92.6%
42%
FY 14-15
0.71
1.7%
0.70
4.3%
4.2%
FY 14-15
1894.66
6.12%
1778.73
76%
59%
Variation of Actual/ Projected Heat Rate and Aux. Consumption with the Normative
Parameters in FY 2014-15:
Heat Rate:
Actual Gross SHR on
GCV basis(kcal/kWh) in
FY 2014-15
Heat Rate as per
AERC’s Draft
Amended Regulation of
2006 (kcal/kWh)
NTPS
4056
4170
LTPS With
WHRU
3058
3200
Power Station
From the above table it is observed that the actual Gross SHR of LTPS and NTPS in the FY 14-15 is
more or less similar with that of the Draft Amended Regulation of AERC. In view of this, the
projected Station Heat Rates of LTPS and NTPS have been considered in the Annual Performance
Review of 2014-15.
Aux. Power Cons. (APC):
Power
Station
NTPS
LTPS
KLHEP
Myntriang
APGCL
Normative Aux.
Cons.
Actual Aux. Cons. in
FY 2014-15
4.5%
5.5%
0.5%
1.0%
4.2%
5.8%
8.6%
0.5%
1.7%
6.1%
APC as per
APGCL’s Petition
for Review of
Normative APC
5.5%
7.5%
0.5%
1.0%
5.5%
Assam Power Generation Corporation Limited
Page 191 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
From the above it is seen that the Actual/Projected APC of APGCL for 2014-15 is higher than the
normative APC. Reason for this has already been explained in details in the Section 3.2 at Page No.
22 to 32 above. The actual/Projected APC of APGCL for 2014-15 is 6.1% if the APC of LTPS and
NTPS are considered as per APGCL’s Petition for review of normative APC of LTPS and NTPS. In
view of this, APGCL appeals to AERC to consider APC of APGCL as 5.5%.for the Annual
Performance Review of 2014-15.
15.4. Actual/ Projected Financial Performance Data for FY 2014-15
15.4.1 Employees Expenses
Table 49
Particulars
Salaries
Overtime
Dearness Allowance
Other Allowances
Bonus
Medical Allowances
Leave Travel Assistance
Earned Leave Encashment
Workmen Compensatory Payment
Other Staff Cost
Staff Welfare Expenses
Terminal Benefits
Subtotal
Less: Capitalisation
Total
2014-15
36.65
1.66
29.85
5.61
0.03
0.09
0.05
0.29
0.00
0.01
0.14
12.16
86.54
0.00
86.54
Note: 1. Employee expenses for FY 14-15 are in actual upto 2nd quarter before any Head quarter
adjustment. Regarding 3rd & 4th quarter of FY 14-15 expenses are assumed to be proportionate to the
expenses of 1st & 2nd quarter.
15.4.2. (A) Regular Repairs & Maintenance
Table 50
Particulars
Plant & Machinery
Overhauling Works
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
2014-15
14.74
0.00
0.27
0.31
1.10
0.09
0.26
0.14
0.20
1.41
0.23
18.75
Note: Regular R&M cost for FY 14-15 is taken at par to that approved in Tariff order FY 14-15. In
addition, Lubricants & Consumable Stores & Turbine oil is also considered.
Assam Power Generation Corporation Limited
Page 192 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
15.4.2. (B) Special Type Repair & Maintenance Works
Particulars
Plant & Machinery (Overhauling of Unit # 2 of LTPS)
Total:



2014-15
6.44
6.44
Note:
Originally the estimated approved amount of this overhauling works was Rs. 8.5 Cr., out of
which Rs 2.0 Cr. was approved in Tariff Order for FY 2013-14 and Rs. 6.5 Cr. was booked in
the revised ARR for FY 2015-16 against Repair Maintenance of the Unit in the "Order on
Review Petition on Tariff Order of FY 2013-14" vide letter No. AERC 442/2014/15 dated
08.07.2014. However, the expenditure of Rs. 2.0 Cr., allowed in Tariff order for FY 2013-14,
was not incurred in that FY.
The present estimated overhauling cost involvement of LTPS Unit # 2 is around Rs.12.94 Cr.
The variation in the estimated cost is due to additional works.
Cost Benefit Analysis for the Special Type of Repair & Maintenance of Unit 2 of LTPS is
given below:
Major overhauling of LTPS Unit-2
PROJECT:
PROJECT COST:
Loan
Interest rate for short term loan
Rate (WACC)
Project Life
Escalation of Annual O & M Depreciation :
1,294.00
1,294.00
15.00%
10.14%
5 1/2
8.42%
16.36%
1.NPV Evaluation
No. of
FY
years
1
2
0 2014-15
1 2015-16
2 2016-17
3 2017-18
4 2018-19
5 2019-20
6 2020-21
6 2020-21
ACQUISI
TION
COST
Fuel Cost
3
4
1,294.00
Scrap value
1,294.00
ANNUAL DEPRECIA TOTAL
O&M
TION
EXPENSES
5
32.35
34.29
36.35
38.53
40.84
21.65
20,366.73
204.01
>
Since NPV
2. IRR:
6
1,850.13
3,701.28
3,702.30
3,703.34
3,704.39
3,705.29
211.75
211.75
211.75
211.75
211.75
105.87
129.40
1,294.00
7=3+4+5+6
ANTICIPA EARNINGS PROVISI
TED
BEFORE ON FOR
REVENUE TAXES
TAXES
8
9=8-7
1,294.00
2,094.23
3,947.32
3,950.40
3,953.61
3,956.97
3,832.81
2,292.80
4,319.57
4,303.32
4,286.78
4,270.39
4,052.69
(1,294.00)
198.57
372.26
352.92
333.17
313.42
219.87
21,735.34
23,525.55
1,790.21
10
0.00
52.01
45.74
39.34
32.94
36.94
206.96
PROFIT OPERATIN NPV OF
AFTER
G CASH OP. CASH
TAX
FLOW
FLOW
11=9-10
12=11+6
(1,294.00)
198.57
320.25
307.18
293.83
280.48
182.94
(1,294.00)
410.32
532.00
518.92
505.57
492.22
418.21
1,583.24
2,877.24
0, the major overhauling is accepted.
Year
n
0
1
2
3
4
5
6
(1,294.00)
372.54
438.55
388.39
343.56
303.69
234.27
FW OF CASH
FLOW
(1,294.00)
410.32
532.00
518.92
505.57
492.22
418.21
28.88%
Assam Power Generation Corporation Limited
Page 193 of 228
15
(1,294.00)
372.54
438.55
388.39
343.56
303.69
234.27
787.01
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
SOP determination from Major overhauling of LTPS Unit-2
Project cost
1294.00
Loan
1294.00
Equity
A
B
C
D
E
0.00
Annual O&M
Interest and finance
Charges
depreciation
Fixed charges
Interest on working
capital
return on equity
Fuel Cost
Sale of Power (A+B+C)
1
32.35
2
34.29
3
36.35
4
38.53
5
40.84
6
21.65
97.05
211.75
341.15
174.69
211.75
420.73
155.28
211.75
403.37
135.87
211.75
386.14
116.46
211.75
369.05
97.05
105.87
224.57
101.52
0.00
1850.13
2292.80
197.57
0.00
3701.28
4319.57
197.64
0.00
3702.30
4303.32
197.30
0.00
3703.34
4286.78
196.96
0.00
3704.39
4270.39
122.82
0.00
3705.29
4052.69
NB:
1
Depreciation @ 16.36% has been taken for evaluation purpose i.e 90%/5.5
2
Interest on short term loan
3
Annual O&M for the initial year of operation is taken at 2.5% of the project cost.
4
O&M Escalation @ 8.42%
5
Tax @ 32.4%
6
Discounting factor (WACC)
15%
10.14
%
WACC=Rd*(1-t)*D/V+ Re*E/V
where; Rd- cost of debt
Re- cost of equity
E/V- percentage of financing that is equity
D/V- percentage of financing that is debt
t- tax rate
7
Repayment of loan considered to be paid during the life of the project.
8
Estimated actual fuel cost computed is considered for revenue/ SOP determination
Assam Power Generation Corporation Limited
Page 194 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15

The work order for supply of the capital spares have been already issued to the OEM at an
amount of Rs 12.29 Cr and LC for an amount of Rs. 12.29 Cr had been already been opened
for procurement of these capital spares. The LC amount is likely to be encashed by the party
in FY 14-15. In addition to the amount of Rs. 12.29 Cr for spares, another amount of Rs. 0.60
Cr for work component and Rs. 0.05 Cr for other miscellaneous expenses is estimated to incur
for the overhauling of Unit#2 of LTPS totaling the whole amount to Rs. 12.94 Cr. The Board
Resolution and Agenda for the procurement of spares is given below:
Assam Power Generation Corporation Limited
Page 195 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Assam Power Generation Corporation Limited
Page 196 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15

However, as per Hon'ble Commission's order dated.08.07.14, an amount of Rs. 6.5 Cr. is
booked in the revised ARR for FY 2015-16 against Repair Maintenance of the Unit. The
balance amount of Rs. 6.44 Cr. is shown in Revised ARR for FY 2014-15 under Annual
Performance Review of the FY. It is appealed before Hon’ble Commission to approve the
balance amount of Rs. 6.44 Cr for the above mentioned reasons.
15.4.2. Total Repairs & Maintenance [15.4.2. (A) + 15.4.2. (B)]
Particulars
Plant & Machinery
Overhauling Works
Buildings
Other civil works
Hydraulic
Lines & Cable Network
Vehicles
Furniture & fixture
Office equipment
Lubricants & Consumable stores
Turbine Oil
Total:
Assam Power Generation Corporation Limited
2014-15
21.18
0.00
0.27
0.31
1.10
0.09
0.26
0.14
0.20
1.41
0.23
25.19
Page 197 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
15.4.3 Administration and General Expenses
Table 51
Particulars
Rent, Rates & Taxes
Insurance
Telephone charges
Postage & Telegrarm
Legal charges
Audit fees
Consultancy charges
Technical fees
Other Professional fees
Conveyance & Travel charges
Freight
Other purchase related expenses
Energy bill raised by APDCL
Sub Total:
Less: Capitalised
Total:
2014-15
0.35
0.88
0.05
0.00
0.01
0.00
0.65
0.01
0.01
0.63
0.02
6.79
0.00
9.41
0.00
9.41
Note: A&G expenses for FY 14-15 are in actual up to 2nd quarter before any Head quarter adjustment.
Regarding 3rd & 4th quarter of FY 14-15 expenses are assumed to be proportionate to the expenses of 1st
& 2nd quarter.
15.4.4 Return on Equity
Table 52
Particulars
Namrup TPS
Lakwa TPS
Lakwa WHRP
Karbi Langpi HEP
Myntriang SHEP
Namrup RPP
Total
Particulars
Opening Equity
Closing Equity
Average equity
Rate
ROE
Return on equity calculated as follows:NTPS LTPS KLHEP LWHRP
14-15 14-15
14-15
14-15
64.74 73.19
68.11
70.92
69.44 79.24
68.11
70.92
67.09 76.22
68.11
70.92
0.14
0.14
0.14
0.14
9.39 10.67
9.54
9.93
Equity Base calculated is provided below:
2014-15
9.39
10.67
9.93
9.54
0.86
0.00
40.39
NRPP
14-15
0.00
0.00
0.00
0.14
0.00
Assam Power Generation Corporation Limited
Myntriang
14-15
11.27
13.37
12.32
0.14
0.86
Total
14-15
288.22
301.08
294.65
0.14
40.39
Page 198 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
CALCULATION OF COST OF CAPITAL
P
2009-10
s
ar
ul
c
tI
ar
Gross Fixed Assets Cost on 01-04-2009 as
Audited Accounts 2009-10
2009-10 , 2010-11, 2011-12, 2012-13,2013-14,2014-15 & 2015-16
APGCL STATIONS
NTPS LTPS BTPS CTPS KLHEP Lakwa Myntriang NRPP
WHRP
Total
SHEP
212.35
214.68
91.49
34.46
517.11
0.00
0.00
0.00 1070.08
212.35
214.68
91.49
34.46
517.11
0.00
0.00
0.00 1070.08
1.43
24.02
0.02
-117.36
0.00
0.00
0.00
Gross Approved Fixed Asset as on 01-04-2009
Gross Fixed Assets Cost on 01-04-2010 as per
Audited Accounts
Additions during the F.Y. 2009-10
2010-11
Deductions during the FY 2009-10
Adjustment as on 01.04.2010 appeared in Annual
accounts
25.48
-117.36
25.85
25.85
Approved Gross Capital Cost as on 01-04-2010
Gross Fixed Assets Cost on 01-04-2011 as per
Audited Accounts
Additions during the F.Y. 2010-11
213.78
238.71
0.00
34.46
517.11
0.00
0.96
5.98
0.00
1.53
0.17
0.00
0.00
0.00 1004.05
8.63
2011-12 Adjustment as on 01.04.2011 appeared in Annual
accounts
0.00
Approved Gross Capital Cost as on 01-04-2011
214.74
244.68
0.00
35.98
0.44
-17.20
0.00
0.00
517.28
0.00
0.00
0.00 1012.69
Gross Fixed Assets Cost on 01-04-2012 as per
Audited Accounts
Additions during the F.Y. 2011-12
2012-13 Adjustment as on 01.04.2012 appeared in Annual
0.67 295.98
279.90
accounts
0.00
Approved Gross Capital Cost as on 01-04-2012
215.19
227.48
0.00
35.98
0.23
8.24
0.00
0.00
517.95 295.98
0.00
0.00 1292.59
Gross Fixed Assets Cost on 01-04-2013 as per
Audited Accounts
Additions during the F.Y. 2012-13
2013-14
Deductions during the FY 2012-13
13.44
0.00
21.90
-30.05
-30.05
Adjustment as on 01.04.2013 appeared in Annual
accounts
0.00
Approved Gross Capital Cost as on 01-04-2013
215.41
235.72
0.00
35.98
0.38
8.24
0.00
0.00
501.34 295.98
0.00
0.00 1284.44
37.56
46.87
Gross Fixed Assets Cost on 01-04-2014 as per
Audited Accounts
2014-15
Additions during the F.Y. 2013-14
0.45
Deductions during the FY 2013-14
0.24
-5.57
-5.57
Approved Gross Capital Cost as on 01-04-2014
215.79
243.96
0.00
35.98
15.67
20.19
0.00
0.00
501.79 290.64
37.56
0.00 1325.73
7.00
44.78
Gross Fixed Assets Cost on 01-04-2015
Additions during the F.Y. 2014-15
2015-16 Deductions during the FY 2014-15
1.92
0.00
0.00
Approved Gross Capital Cost as on 01-04-2015
231.45
264.15
0.00
35.98
20.80
19.12
0.00
0.00
503.72 290.64
44.56
0.00 1370.51
Gross Fixed Assets Cost on 01-04-2015
Additions during the F.Y. 2015-16
2016-17
7.85
1.50
102.72
693.73
845.72
deductions during the F.Y. 2015-16
0.00
Adjustment as on 01.04.2016
0.00
Approved Gross Capital Cost as on 01-04-2016
252.25
283.26
0.00
35.98
511.57 292.14
Assam Power Generation Corporation Limited
147.28
693.73 2216.23
Page 199 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
CALCULATION OF APPROVED EQUITY CAPITAL
P
ar
ul
tI c s
r
a
Approved Capital Cost as on 01-04-2009
30% of Appvd. Capital cost
Actual Equity Capital apportioned as on 01-042008 vide letter CGM (F & A) dtd 05/12/08
APGCL STATIONS
CTPS KLHEP Lakwa Myntrian Namrup Other
WHRP g SHEP RPP projects
Total
91.49
34.46
517.11
0.00
0.00
0.00
0.00
1070.08
64.41
27.45
10.34
155.13
0.00
0.00
0.00
0.00
321.02
128.54
136.53
81.15
20.49
68.11
0.00
0.00
0.00
21.03
455.86
63.70
64.41
27.45
10.34
68.11
0.00
0.00
0.00
0.00
234.00
213.78
238.71
0.00
34.46
517.11
0.00
0.00
0.00
0.00
1004.05
64.14
71.61
0.00
10.34
155.13
0.00
0.00
0.00
0.00
301.22
128.54
136.53
0.00
20.49
68.11
0.00
0.00
0.00
102.18
455.86
64.14
71.61
0.00
10.34
68.11
0.00
0.00
0.00
0.00
214.19
214.74
244.68
0.00
35.98
517.28
0.00
0.00
0.00
0.00
1012.69
64.42
73.40
0.00
10.80
155.18
0.00
0.00
0.00
0.00
303.81
128.54
136.53
0.00
20.49
68.11
0.00
0.00
0.00
102.18
455.86
64.42
73.40
0.00
10.80
68.11
0.00
0.00
0.00
0.00
216.73
215.19
227.48
0.00
35.98
517.95 295.98
0.00
0.00
0.00
1292.59
64.56
68.24
0.00
10.80
155.39
88.79
0.00
0.00
0.00
387.78
128.54
136.53
0.00
20.49
68.11
70.92
0.00
0.00
31.26
455.86
64.56
68.24
0.00
10.80
68.11
70.92
0.00
0.00
0.00
282.63
215.41
235.72
0.00
35.98
501.34 295.98
0.00
0.00
0.00
1284.44
64.62
70.72
0.00
10.80
150.40
88.79
0.00
0.00
0.00
385.33
128.54
136.53
0.00
20.49
68.11
70.92
0.00
0.00
31.26
455.86
64.62
70.72
0.00
10.80
68.11
70.92
0.00
0.00
0.00
285.16
215.79
243.96
0.00
35.98
501.79 290.64
37.56
0.00
0.00
1325.73
NTPS
LTPS
BTPS
212.35
214.68
63.70
Revised Equity Capital Cost as on 01-04-2009.
Approved Capital Cost as on 01-04-2010
30% of Appvd. Capital cost
Actual Equity Capital
Equity Capital as on 01-04-2010.
Approved Capital Cost as on 01-04-2011
30% of Appvd. Capital cost
Actual Equity Capital
Approved Equity Capital as on 01-04-2011.
Approved Capital Cost as on 01-04-2012
30% of Appvd. Capital cost
Actual Equity Capital
Equity Capital as on 01-04-2012.
Approved Capital Cost as on 01-04-2013
30% of Appvd. Capital cost
Actual Equity Capital
Equity Capital as on 01-04-2013.
Approved Capital Cost as on 01-04-2014
30% of Appvd. Capital cost
Actual Equity Capital
Equity Capital as on 01-04-2014.
Approved Capital Cost as on 01-04-2015
30% of Appvd. Capital cost
Actual Equity Capital
64.74
73.19
0.00
10.80
150.54
87.19
11.27
0.00
0.00
397.72
128.54
136.53
0.00
20.49
68.11
70.92
19.56
0.00
11.70
455.86
64.74
73.19
0.00
10.80
68.11
70.92
11.27
0.00
0.00
299.02
231.45
264.15
0.00
35.98
503.72 290.64
44.56
0.00
0.00
1370.51
69.44
79.24
0.00
10.80
151.12
87.19
13.37
0.00
0.00
411.15
128.54
136.53
0.00
20.49
68.11
70.92
25.22
0.00
6.04
455.86
69.44
79.24
0.00
10.80
68.11
70.92
13.37
0.00
0.00
311.87
252.25
283.26
0.00
35.98
511.57 292.14
147.28
693.73
0.00
2216.23
75.68
84.98
0.00
10.80
153.47
87.64
44.19
208.12
0.00
664.87
128.54
136.53
0.00
20.49
68.11
70.92
33.34
208.12
0.00
666.06
75.68
84.98
0.00
10.80
68.11
70.92
33.34
208.12
0.00
551.94
Estimated Equity Capital as on 01-04-2015.
Approved Capital Cost as on 01-04-2016
30% of Appvd. Capital cost
Actual Equity Capital
Estimated Equity Capital as on 01-04-2016.
NOTE: (1) Approved Equity Capital as on 01-04-2013 is the actual equity capital as on 01-04-2013 subject to a
ceiling of 30% of the Approved Capital cost.
Assam Power Generation Corporation Limited
Page 200 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
15.4.5 Income from Other Sources
Table 53
Particulars
Interest on Staff Loans and advance
Income from Investment
Income from sale of scrap
Rebate for timely payment
Misc. receipts (except 62.901 & 62.908)
Rent from residential building
Total:
2014-15
0.00
8.85
0.06
0.79
0.90
0.01
10.60
15.4.6. Depreciation
Table 54
Particulars
Land & Rights
Buildings
Hydraulic
Other civil works
Plant & Machinery Thermal
Plant & Machinery Hydel
Lines & Cable Network
Vehicles
Furniture & fixtures
Office equipment
Roads on land belonging to others
Capital spares at generating stations
Total
(Less) : Depreciation on 90% of the Assets funded
by Grants/subsidies
Net Total
2014-15
0.00
0.72
4.06
3.12
20.49
4.48
0.99
0.14
-2.56
0.06
0.00
7.43
38.93
-6.12
32.81
Depreciation has been calculated using the schedule as prescribed by the AERC. Analysis of the trial
balance under each function head has been carried out and the weighted average rate has been
calculated and used for calculation. Depreciation on assets commissioned in a year is charged at the
average balance for the year (since they could be commissioned at different date).
15.4.7 Interest & financing charges
Table 55
Particulars
Interest on loans
Other finance charges
Sub total
Less: Interest capitalised
Total
2014-15
52.41
0.05
52.46
-22.85
29.61
Note:
1. Interest on loans & Other Finance Charges calculated for FY 14-15 @ 10.5% on loan outstanding for
Loan from Govt. of Assam, @ actual interest rates charged by PFC for Loan up to Dec’14 from PFC
and remaining on proportionate assumption. GPF trust is expected to complete in FY 15-16 and
hence interest on GPF is claimed from FY 15-16
Assam Power Generation Corporation Limited
Page 201 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
15.4.8 Interest on Working Capital
Table 56
Particulars
One month Fuel Cost
One month approved O&M Cost
Maintenance Spares
Two month Receivables
Total
Interest @ 14.75%
2014-15
39.79
9.83
12.90
113.99
176.50
26.03
Note: Interest on Normative working capital worked out as per AERC norms
15.4.9 Repayment of Loan (Principal)
Table 57
Particulars
PFC Loan
State Govt Loan
Total
2014-15
22.97
11.07
34.03
15.4.10. Fuel Cost
Table 58
Rs. In Cr.
Particulars
2014-15
Namrup TPS
194.13
Lakwa TPS
283.33
Total
477.45
16. Profit & Loss Account
Table 59
Particulars
Power Generation
Energy generated (MU)
Sale of Power (MU)
Auxiliary Consumption, Loss %
INCOME
Revenue from tariff & Misc. charges
O&M expenses of CTPS
EXPENDITURE
Generation Cost
R&M Expenses
Employee Expenses
A&G Expenses
Depreciation
Interest & Finance Charges
Less: Interest & other expenses capitalised
Interest on working Capital
Other Debits (incl. Prov. for bad debts, int of W/Capital etc.)
Extraordinary Items
Assam Power Generation Corporation Limited
2014-15
1894.66
1778.73
6.12%
618.38
0.00
477.45
25.19
86.54
9.41
32.81
52.46
-22.85
26.03
0.00
0.00
Page 202 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Other (Misc.) - net prior period credit
Total
ROE
Other Income
Provision for taxes
Annual Revenue Requirement
Surplus(+) / Shortfall(-)
17.
0.00
687.04
40.39
10.60
0.93
717.76
-99.38
Balance Sheet
Table 60
Particulars
2014-15
Source of Fund
Share Capital
Reserve & Surplus
Loans from State Govt
Loans from others
Total
Contributions, grants & subsidies towards cost of
Capital Asset
Grand
Total
Application of Fund
Net Fixed Assets
(A) Gross Block
(B) Less : Accumulated Depreciation
(C) Net Fixed Assets
(D) Capital-works-in-progress
Total of (C) to (D)
Investements
Subsidy receivable from Govt
Net Current Assets
A.
Current Assets, Loans & Advances
i) Inventories
ii) Receivables against Sale of Power
iii) Cash & Bank Balance
iv) Loans & Advances
v) Other current assets
Total of A
B.
Current Liabilities and provisions
i) Borrowing for Working Capital
ii) Payment due on Capital Libilities
iii) Other current liabilities
Total of B
Net Current Assets (A - B)
Profit/ Loss
Grand Total
455.86
43.60
172.46
405.49
1077.42
407.54
1484.95
1370.51
659.19
711.32
621.60
1332.92
0.00
81.90
4.13
184.91
68.88
91.48
431.30
406.26
406.26
25.04
127.00
1484.96
Station wise information for claiming Revised ARR for 2014-15 are depicted in
Annexure-IV (Page No. 148)
Assam Power Generation Corporation Limited
Page 203 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
18. Proposed Revised ARR for 2014-15:
Table 61
(Rs in crore)
Particulars
NTPS
LWHRP
LTPS
2014-15
(LTPS +
CTPS
LWHRP)
KLHEP
Myntriang
Total
591.66
34.07
557.60
215.03
19.92
195.11
720.27
60.09
660.18
935.30
80.01
855.30
0.00
0.00
0.00
366.98
1.83
365.15
0.71
0.01
0.70
1894.66
115.92
1778.73
32.30
2.30
8.78
0.72
28.19
15.45
36.97
16.17
3.18
0.00
13.46
6.69
0.63
0.03
86.54
25.19
2.65
2.07
9.19
0.31
2.53
0.00
9.39
-3.68
57.05
0.44
14.04
1.44
0.00
10.90
0.00
9.93
0.00
46.25
3.46
3.04
13.23
0.31
11.61
0.00
10.67
-3.69
82.28
3.90
17.08
14.68
0.31
22.51
0.00
20.60
-3.69
128.53
0.02
0.05
0.00
0.00
0.00
0.00
0.00
0.00
3.24
2.75
10.10
2.10
0.31
8.67
0.00
9.54
-3.23
50.38
0.09
0.32
0.07
0.00
-0.90
0.00
0.86
0.00
1.11
9.41
29.61
26.03
0.93
32.81
0.00
40.39
-10.60
240.31
(B) Fuel Cost
194.13
0.00
(C) ARR (A) + (B)
251.18
46.25
Fixed Cost Paise / Kwh (sent out)
102.32
237.06
Fuel Cost Paise/ Kwh (sent out)
348.15
0.00
Tariff Paise/ Kwh (sent out)
450.47
237.06
(D) Revenue from Sale of Power for FY 2014-15
(E) Surplus/Deficit (C)-(D)
283.33
365.60
124.63
429.16
553.79
283.33
411.86
150.28
331.26
481.54
0.00
3.24
0.00
50.38
137.97
0.00
137.97
0.00
1.11
1586.77
0.00
1586.77
477.45
717.76
135.10
268.42
403.52
618.38
-99.38
Gross Generation (MU)
Aux. Power Consumption (MU)
Net Generation (MU)
Fixed Charges
Operation & Maintenance
Employee Cost
Repairs & Maintenance
Administrative & General
Expenses
Interest & Finance Charge
Interest on working Capital
Taxes on income
Depreciation
Provision for Bad & Doubtful Debts
Return on Equity
Less: Other Income
(A)Total Fixed Charges
Note: The Secondary Energy Charges will be computed as per the variable charge of AGBPP, NEEPCO as per CERC Tariff Order 2009-14 which is the lowest in the NE region
Assam Power Generation Corporation Limited
Page 204 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 201516 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Annexure V
Statements of proposed Monthly Generation, Deviations comparing
with Target of 2014-15 and Actual / Projected Cost of Fuel
for FY 2014-15
Assam Power Generation Corporation Limited
Page 205 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
GENERATION OF APGCL: 2014-15
Total
Latest
Revised
Fuel
Cost
(Rs. In
Cr.)
46.84
2.80
44.05
591.66
34.07
557.60
194.13
64.81
5.09
57.23
4.97
720.27
60.09
63.89
59.72
52.26
660.18
21.02
1.82
19.21
85.48
6.75
78.73
18.63
1.77
16.86
88.06
7.31
80.75
18.19
1.65
16.54
83.00
6.74
76.26
17.92
1.29
16.63
75.15
6.26
68.89
215.03
19.92
195.11
935.30
80.01
855.30
32.06
0.16
31.90
21.91
0.11
21.80
17.87
0.09
17.78
12.09
0.06
12.03
10.74
0.05
10.68
366.98
1.83
365.15
0.00
0.214
0.002
0.213
0.009
0.001
0.007
0.017
0.001
0.016
0.000
0.000
0.000
0.000
0.000
0.000
0.102
0.001
0.101
0.71
0.01
0.70
0.00
200.15
10.43
189.72
148.75
8.73
140.02
159.10
9.94
149.17
156.40
10.38
146.03
137.98
9.22
128.76
132.83
9.12
123.72
1894.66
115.92
1778.73
Actual
STATION
119.5 MW Namrup TPS
Gross Gen. (MU)
Aux. Cons. @5.8%
Net Gen. (MU)
157.2 MW Lakwa TPS
LTPS GT Gross Gen. (MU)
LTPS GT APC 8.3%(MU)
LTPS GT Net Gen. (MU)
Apr-14
May-14
Jun-14
Jul-14
Aug-14
Sep-14
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Mar-15
50.66
2.75
47.91
50.19
2.79
47.40
48.96
2.56
46.40
49.65
2.88
46.78
53.00
2.93
50.07
50.75
2.96
47.79
50.98
3.20
47.78
45.57
2.73
42.83
51.70
3.08
48.62
50.47
2.98
47.49
42.89
2.42
40.47
56.26
4.97
63.01
5.81
55.63
4.83
57.88
4.69
57.16
5.13
54.36
4.80
64.40
5.08
55.65
4.24
64.45
4.93
69.44
5.55
51.29
57.20
50.80
53.19
52.02
49.56
59.32
51.41
59.52
19.50
1.80
17.70
82.51
7.61
74.90
16.58
1.66
14.92
72.21
6.49
65.72
12.83
1.41
11.42
70.70
6.10
64.60
18.33
1.73
16.60
75.49
6.86
68.63
16.42
1.67
14.74
70.78
6.47
64.30
20.73
1.83
18.90
85.13
6.91
78.22
15.46
1.59
13.87
71.11
5.83
65.28
18.97
0.09
18.87
27.76
0.14
27.62
39.78
0.20
39.58
50.85
0.25
50.60
63.49
0.32
63.18
63.83
0.32
63.51
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.000
0.368
0.007
0.361
0.000
0.000
0.000
151.67
10.49
141.17
148.93
9.19
139.74
160.13
9.17
150.96
179.71
10.05
169.65
185.02
9.75
175.27
WHRU Gross Gen. (MU)
19.43
WHRU Aux. Cons. 9.3%(MU)
1.70
WHRU Net Gen. (MU)
17.72
LTPS Gross Gen. (MU) with WHRU
75.69
Total Aux. Cons. 8.6%with WHRU
6.68
LTPS Net Gen. (MU) with WHRU
69.01
100 MW Karbi Langpi HEP
Gross Gen. (MU)
7.64
Aux. Cons. @ 0.5 %
0.04
Net Gen. (MU)
7.60
Myntriang Small HEP - Stage II (3 MW)*
Gross Gen. (MU)
0.000
Aux. Cons. @ 1.7%
0.000
Net Gen. (MU)
0.000
APGCL
Gross Gen. (MU)
133.99
Aux. Cons. @6.1%
9.47
Net Gen. (MU)
124.52
283.33
477.45
*Myntriang St-II generation has been considered from the COD of 08-08-14
Assam Power Generation Corporation Limited
Page 206 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
Deviations comparing with Target and Actual Generation for FY 2014-15
Power
Station
Item
NTPS
LTPS with
WHU
KLHEP
Myntriag
SHEP, StII
APGCL
Target of 14-15
Actual/Projected
Generation for 14-15
Surplus (+)/
Deviation (-)
Target of 14-15
Actual/Projected
Generation for 14-15
Surplus (+)/
Deviation (-)
Target of 14-15
Actual/Projected
Generation for 14-15
Surplus (+)/
Deviation (-)
Target of 14-15
Actual/Projected
Generation for 14-15
Surplus (+)/
Deviation (-)
Target of 14-15
Actual/Projected
Generation for 14-15
Surplus (+)/
Deviation (-)
43.48
44.93
44.93
40.58
44.93
53.00
37.70
44.93
Actual
50.75
50.98
Total
2014-15
523.09
45.57
51.70
50.47
42.89
46.84
591.66
4.72
8.07
13.05
6.05
2.09
6.77
5.54
2.31
1.91
68.58
67.11
69.34
69.34
73.96
76.11
76.42
69.03
73.29
842.47
82.51
72.21
70.70
75.49
66.79
69.34
Actual
70.78
85.13
71.11
85.48
88.06
83.00
75.15
935.30
8.59
17.86
5.10
1.36
6.15
3.98
15.79
-2.85
9.37
11.64
13.97
1.86
92.83
9.00
19.00
45.00
68.00
74.00
21.00
15.00
11.00
5.00
6.00
390.00
7.64
18.97
27.76
39.78
50.85
72.00
45.00
Actual
63.49
63.83
32.06
21.91
17.87
12.09
10.74
366.98
-1.36
-0.03
-17.24
-28.22
-23.15
-8.51
11.06
6.91
6.87
7.09
4.74
-23.02
0.00
0.00
0.00
0.00
0.37
1.94
1.95
1.46
1.17
1.18
11.38
0.00
0.00
0.00
0.00
0.37
1.30
2.01
Actual
0.00
0.21
0.01
0.02
0.00
0.00
0.10
0.71
0.00
0.00
0.00
0.00
0.00
-1.30
-1.94
-1.93
-1.46
-1.17
-1.08
-10.67
119.59
128.57
155.43 182.27
188.64
140.38
137.99
133.82
115.78
125.40
1766.94
133.99
151.67
148.93
160.13
179.71
177.79 161.28
Actual
185.02 200.15
148.75
159.10
156.40
137.98
132.83
1894.66
14.40
23.09
-6.50
-22.14
-8.93
8.37
21.11
22.59
22.20
7.43
127.72
Apr-14
May-14 Jun-14
Jul-14
Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15
43.48
44.93
43.32
44.93
44.93
50.66
50.19
48.96
49.65
7.18
5.26
5.64
67.11
64.64
75.69
7.23
18.83
-1.79
38.87
Note: 1. Reduced generation of KLHEP is due to less rain fall in the monsoon season.
2. Myntriang St-II SHEP generation reduced as t he plant got affected by heavy flood on 22-08-14. All the equipments needed servicing. At present both the
units are under forced shutdown.
Assam Power Generation Corporation Limited
Page 207 of 228
Petition for Approval for Revised ARR and Determination of Generation Tariff for the FY 2015-16 and Truing-Up for FY 2013-14 and APR for FY 2014-15
ACUAL/PROJECTED FUEL COST OF APGCL: 2014-15
Actual
Projected
Fuel Cost for FY 2014-15 (LTPS)
Month
Apr-14
Qty (MMSCM)
Amount (Rs. in Cr)
May-14
Jun-14
Jul-14
Aug-14
Sep-14
GAIL
Oct-14
Nov-14
Dec-14
Jan-15
Feb-15
Total
Mar-15
10.54
12.47
11.41
12.40
13.20
11.16
14.73
10.52
10.70
11.65
11.21
10.99
140.97
6.51
7.75
6.90
7.70
8.45
7.34
10.27
9.25
9.35
10.87
10.71
9.89
104.99
10.82
11.31
11.86
16.32
14.65
20.39
15.39
21.93
13.70
19.08
12.25
17.34
147.89
178.34
21.59
25.56
29.74
32.80
29.79
27.24
283.33
Qty (MMSCM)
Amount (Rs. in Cr)
13.04
13.78
Total Amount (Rs. in Cr)
20.29
13.73
11.39
11.55
10.92
11.56
AGCL
9.79
10.59
10.28
11.07
21.47
18.45
19.26
18.73
20.54
19.98
18.29
19.93
251.70
18.40
48.13
18.29
51.09
16.51
46.30
18.33
45.57
194.13
477.45
13.49
18.41
Qty (MMSCM)
22.49
23.33
Fuel Cost for FY 2014-15 (MMSCM) (NTPS)
21.31 22.13
21.73
21.05
21.14
19.76
Amount (Rs. in Cr)
Total APGCL
15.64
35.93
16.01
37.49
14.11
32.56
15.61
34.87
14.97
33.71
14.36
32.77
14.44
36.02
17.46
43.02
Note: 1. GOI revised the gas price of non-APM gas from earlier $4.2/MMBTU on NCV basis to $5.05/MMBTU on GCV basis w.e.f 1 st November 2014.
2. APM gas price was revised to $3.03/MMBTU on GCV from earlier $2.52/MMBTU on NCV from 1 st November 2014
Assam Power Generation Corporation Limited
Page 208 of 228
Annex- VI
`
AUDITED ANNUAL ACCOUNTS
FOR FY 2013-14
ASSAM POWER GENERATION
CORPORATION LIMITED
Assam Power Generation Corporation Limited
Page 209 of 228
ASSAM POWER GENERATION CORPORATION LIMITED
BALANCE SHEET AS AT 31st MARCH, 2014
Particulars
Note
I.EQUITY & LIABILITES
(A) Shareholder's Funds
(a) Share Capital
(c) Reserves and Surplus
(B) Share Application Money
(Pending Allotment)
C. Non Current Liabilites
(a) Long Term Borrowings
(b) Differed Tax Liabilites (Net)
(c) Other Long Term Liabilites
(d) Long Term Provisions
D. Current Liabilites
(a) Short Term Borrowings
(b) Trade Payables
(c) Other Current Liabilites
(d) Short Term Provisions
Rupees in
lakh
1
2
3
4
5
6
7
8
9
10
Total ::
II. ASSETS
(A) Non-Current Assets
(a)Fixed Assets
(i) Tangible Assets
(ii) Intangible Assets
(iii) Capital Work-In-Progress
(iv) Intangible Assets Under Development
(b) Non Current Investment
(c) Differed Tax Assets (Net)
(d) Long Term Loans & Advances
(e) Others Non Current Assets
(B) Current Assets
(a) Current Investment
(b) Inventories
(c) Trade Receivable
(d) Cash & Cash Equivalents
(e) Short Term Loans & Advances
(f) Others Current Assets
As on 31st
March 2014
As on 31st
March 2013
45,585.98
20,737.33
53,387.87
739.37
3,633.47
16,748.92
15,147.11
6,795.39
162,775.44
45,585.98
31,260.51
48,419.89
739.37
3,045.20
12,790.75
15,229.39
7,556.88
164,627.97
69,935.92
56,898.33
-
68,673.47
56,593.29
-
6,825.08
344.10
15,408.79
5,739.80
7,623.42
162,775.44
5,822.61
9,485.66
11,763.97
5,651.37
6,637.60
164,627.97
11
12
13
14
15
16
17
18
19
20
Total ::
Notes forming part of the Consolidated Financial
Statements
1 - 41
Assam Power Generation Corporation Limited
Page 210 of 228
ASSAM POWER GENERATION CORPORATION LIMITED
STATEMENT OF PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31.3.2014
st
Particulars
I.INCOME
(a) Revenue From Operations
(b) Other Income
(c) Other Receipts
Total Revenue ::
II.EXPENDITURE
(a) A. Cost of Materials Consumed
(a) B. Cost of Materials Consumed (Lubricant)
(b) Employee Benifites Expenses
Losses relating to fixed assets
(c) Finance Costs
(d) Depriciation and Amortization Expenses
(e) (i) Other Expenses
(ii) Other Expenses - Prior period items
As on 31 March
2013
(Rupees in lakh)
21
22
23
54,705.14
1,054.59
1,900.00
57,659.73
45,967.81
1,373.70
47,341.51
24
38,535.78
122.90
8,199.64
4,396.27
2,867.72
3,713.43
8,415.18
36,454.49
96.17
7,211.53
4,252.22
3,786.82
2,600.94
(6,502.12)
66,250.92
(8,591.19)
(8,591.19)
47,900.05
(558.54)
(558.54)
45.14
45.14
(8,636.33)
49.87
49.87
(608.41)
(18.95)
(1.33)
Notes
25
26
27 (i)
27 (ii)
Total Expenses ::
Profit(Loss) Before Tax (I-II)
Exceptional Item
Profit(Loss) Before Extra ordinary item and Tax
III.TAX EXPENSES
(a) Current Tax
(i) Income Tax
(ii) MAT
(iii) Building & other construction workers welfare cess
(b) Deferred Tax
Profit (Loss) For the Period
IV. Earnings per share:
(a) Basic
(b) Diluted
Notes forming part of the Consolidated Financial
Statements
st
As on 31 March
2014
(Rupees in lakh)
28
1 - 41
Assam Power Generation Corporation Limited
Page 211 of 228
ASSAM POWER GENERATION CORPORATION LTD.
st
CASH FLOW STATEMENT FOR THE YEAR ENDED 31 MARCH, 2014
As on 31st March
2014
(Rupees in lakh)
As on 31st March
2013
(Rupees in lakh)
(8,591.19)
2,867.72
4,396.27
(558.54)
3,477.93
(720.57)
0.30
4,252.22
7,263.99
(1,327.20)
7,009.88
6,451.34
7,064.82
3,114.42
10,179.24
8,852.04
45.14
8,806.90
(2,699.46)
(1,280.25)
0.14
(3,979.57)
2,471.77
49.87
2,421.90
(4,130.17)
(305.04)
(4,435.21)
814.78
(15,236.96)
720.57
(13,701.61)
A. CASH FLOW FROM OPERATING ACTIVITIES:
Net Profit before Taxation
Adjusted for:
Tax Provision
Deferred Tax Provision
Profit/Loss on Sale of Assets
Profit/Loss on Sale of Fixed Assets(Net)
Profit/Loss on Sale of Current Investments-others
Provision for Diminution in Current Investment
Depreciation
Lease Equalisation
Transferred from general Reserve
Income from Investment
Interest /Other Income
Lease Rent written off
Capial Work in Progress written off
Preliminary Expenses written off
Prior Period Expenses
Interest Expenses
Operating profit before working capital changes
Adjusted for :
Increase in Current Assets
Decrease in Current Liabilities
Decrease in Loans & Advances
Cash generated from operations
Tax expenses
Net Cash from Operating Activities
B. CASH FLOW FROM INVESTMENT ACTIVITIES :
Purchases of Fixed Assets
Sale of Fixed Assets
Purchase of Investments
Sale of Investments
Capital Work in Progress
Income from Investment
Interest/Other Income
Net Cash Used in Investment Activities
Assam Power Generation Corporation Limited
Page 212 of 228
C. CASH FLOW FROM FINANCING ACTIVITIES :
Proceeds from Share capital
Proceeds from Long Term Borrowings
Repayment of Finance Lease Liabilities
Dividend Paid
Interest paid
Reserve & Surplus
Net Cash Used in Financing Activities
Net Increase/Decrease in Cash and Cash Equivalents (A+B+C)
Opening Balance of Cash and Cash Equivalents
Closing Balance of Cash and Cash Equivalents
4,967.96
588.28
(4,396.27)
(1,886.84)
(726.87)
8,577.20
(4,252.22)
9,836.08
14,161.06
3,644.82
2,881.35
11,763.97
15,408.79
8,882.62
11,763.97
NOTES FORMING PART OF THE CONSOLIDATED FINANCIAL STATEMENTS
SIGNIFICANT ACCOUNTING POLICIES: 1. Basis of Preparation:
The financial Statements have been prepared under the historical cost convention, based on
accrual basis of accounting and in accordance with the generally accepted accounting principles
and the provision of the Companies Act, 1956.
2. Use of Estimate:
The preparation of financial statement in conformity with generally accepted accounting principles
requires the management to make estimates and assumptions that affect the reported balances
of assets and liabilities as of the date of the financial statement and reported amounts of income
& expenses during the reporting period. Management believes that the estimates used in the
preparation of financial statement are prudent and reasonable. Difference between the actual
result and estimates are recognized in the period in which result are known/ materialized.
3. Inventories:
Stock Accounts of the Company maintained for construction project has been treated as “Capital
Stores” and that of O& M purpose treated as “Operational Stores”. Materials are issued to works
at standard price.
Issue of Standard Items is at Standard rates on FIFO basis. For Non-Standard Items receipt
accounting is based on Basic Price+E/Duty+Sales Tax. Issue of Non-Standard Items is based on
weighted average rate of previous month’s closing balance. If there is no closing stock in the
previous month, valuation of issue is based on the first receipt rate of the current month.
Shortages found on physical verification of stocks are booked under “Material Shortages pending
investigation (Account code 22.8). These shortages are recovered from persons responsible or
written off, as the case may be, on completion of investigation.
4. Capital –Work –in-progress:
All expenses incurred for acquiring, erecting and commissioning of fixed assets including interest
on long term loans utilized for meeting capital expenditure. Capital work in progress includes cost
of material purchased, excise duty and other management overheads and are allocated to the
fixed assets on the completion of the projects.
5. Operational Performance:
The operational performance of the company is detailed in Annexure-A. The gross power
generation of the company was 1845.228 MU. The Auxiliary consumption was 112.380 MU. Net
power available for sale was 1732.847 MU and the power was sold for an amount of
547.00
crore to APDCL (ASEB).
6.Fixed Assets and Depreciation:
a) The Fixed Assets are stated at cost, less accumulated depreciation/ amortization. Costs
include all expenses incurred to bring the assets to its present location and condition.
b)
Depreciation for the period in respect of assets has been provided on straight line method
as per Schedule-XIV of Companies Act, 1956. Depreciation on addition of assets has been
calculated on pro-rata basis.
Assam Power Generation Corporation Limited
Page 213 of 228
ASSET
Building (Residence)
Building (Factory)
Hydrulic
Other Civil Works
Plant & Machinary
Lines & Cable Network
Vehicles - truck, bus
Vehicles - others
Furniture & Fixtures
Office Equipment
Rate of Dep
1.63%
3.34%
4.75%
1.63%
5.28%
5.28%
11.31%
9.50%
6.33%
4.75%
METHOD
SLM
SLM
SLM
SLM
SLM
SLM
SLM
SLM
SLM
SLM
c)
The Fixed Assets are depreciated up to 95% of the original cost after taking 5% as the
residual value.
d)
Company’s assets are not subject to any lien.
e)
The expenditure on capital work-in-progress is transferred to appropriate asset on
commissioning of the asset/when first put to use.
f)
As per the accounting policy followed by the Company, Consumers’ contribution, subsidies
and grants towards cost of capital assets have not been reduced from the cost of assets
but have been treated as ‘Reserves and Surplus’. However, the depreciation pertaining to
fixed assets constructed out of consumer’s contribution, subsidies and grants towards cost
of capital assets is charged.
7. Segment Reporting:
The company has single business segment namely, “Generation of Electricity”. As regards
geographical segment the area that falls under the company is similar in respect of economic and
political condition etc. and therefore is not subject to different risk and return. Therefore, the
company business doesn’t fall under the different segments as defined in AS 17 of ICAI.
8. Revenue Recognition:
Sale of energy is accounted for based Tariff rates approved by AERC.
9. Accounting for Government Grants:
Government grants received for capital works are treated as Capital Reserve. Govt. Grants
towards cost of capital assets are contribution of the owner (i.e. State Govt.) towards capital of the
Company. Fund brought in by the ‘owner’ cannot be construed as meeting a portion of the cost.
Hence, in terms of AS-12 Govt. Grants has been treated as capital receipt and taken to Capital
Reserve.
Grants from ADB, though shown separately in the accounts are grants from the Govt. of Assam,
which receives the fund from Central govt., the borrower in terms of the loan agreement with
ADB.
10. Accounting for Investments:
Investments are carried at cost. All the investment in UTI mutual fund has been redeemed.
Investment in fixed deposits represents unutilized capital funds to be deployed for capital
expenditure and shown as bank balance.
11. Retirement benefits:
th
Pursuant to the Transfer Scheme, the GoA vide Notification No.PEL.190/2004/69 dtd.4
February, 2005 notified the plan for meeting the terminal benefit obligations of personnel
transferred from ASEB to successor entities. As per Clause 1.5 of the said notification “Terminal
Benefit” means the ASEB’s employee related liabilities including payments of pension, gratuity,
leave encashment and General Provident Fund and any other retirement benefits and applicable
benefits including right to appropriate revisions in the above benefits consistent with the practice
that were prevalent in ASEB:
(A) Funding for past unfunded terminal liabilities is on the basis of actuarial valuation done as at
th
30 September, 2012. The cash outflows towards past unfunded liabilities of existing employees,
existing pensioners and existing family pensioners funded pattern will be guided by the aforesaid
Govt. notification.
(B) Funding for future services-Terminal Benefits:
The company has made a provision for terminal liability for future service of its existing employees
Assam Power Generation Corporation Limited
Page 214 of 228
@23.31% of Basic plus DA as per AERC guidelines and in the line with the GoA’s Notification
mentioned above.
(C) Leave Encashment Benefit (LEB) of employees:
Leave encashment benefit of the old employees are accounted on cash basis. LEB admissible to
the employees are being paid by the Company and claim for recovery of the appropriate share of
such fund (i.e. share of past liability) relating to period prior to 9.12.2004 is forwarded to the
Pension Trust Authority as per GoA Notification mentioned here-in-above.
(D) GPF deductions/payments of employees:
Payments on account of GPF (Final Withdrawal and Non-refundable advance) to the existing
employees are being made from the GPF Account of the Company. Claim for recovery of
appropriate share of such fund (i.e. share of past unfunded liability) is forwarded to the Pension
Trust authority as per GoA Notification mentioned above.
Provision for interest on GPF is on the basis of average rate of 8.70 % applied on the average
subscription of the employee.
(E) Terminal benefit for new (appointed on or after 1.1.2004) employees:
New Pension Scheme is being implemented for the new employees of the Company as per
Government of India Notification No.5/7/2003-ECB & PR dated. 22.12.2003. The Company
contributed the equal amount deducted from its employees, fall under New Pension Scheme.
12. Accounting for Borrowing Costs:
Borrowing costs attributable to acquisition/construction or production of qualifying assets are
capitalized as part of cost of such assets. A qualifying asset is an asset that necessarily takes a
substantial period of time to get ready for its intended use or sale. Other borrowing costs are
recognized as an expense in the period in which they are incurred.
13. Provision for Taxation:
Provision for current tax is measured at the amount expected to be paid to the tax authorities,
using the applicable rate and tax laws.
14. Repayment of Loans:
No amount is being reserved for repayment of loan. However, repayments of loan, redemption of
bonds and interest has been paid duly, except the GoA Loan.
15. Impairment of Assets:
As per AS-28, an asset is treated as impaired when the carrying cost of assets exceeds its
recoverable value. An Impairment Loss is charged to Profit & Loss A/c in the year in which the
asset is identified as impaired. The Impairment Loss recognized in prior accounting periods is
reversed if there has been a change in the estimate of recoverable amount.
16. Contingent Liabilities:
Contingent liabilities are disclosed in respect of present possible obligation that arise from past
events but their existence is confirmed by the occurrence or non-occurrence of one or more
uncertain future events not wholly within the control of the Company.
17. Disclosures vide notification No.GSR 719(E) of Ministry of Corporate Affairs dated 1611-07:
Outstanding amount to fuel suppliers of APGCL as on 31-03-14 in rupees crore is as tabulated
below –
Supplier
OIL
GAIL
AGCL
Outstanding principal
Outstanding interest
Total (in Rupees)
139.33
12.37
14.65
0.87
0.29
140.20
12.66
14.65
There are no suppliers in APGCL who fall under Micro, Small & Medium Enterprises Development
Act, 2006.
18. Miscellaneous:
i.Expenses incurred in raising of finance are being charged to revenue in the year in which
these are incurred.
Assam Power Generation Corporation Limited
Page 215 of 228
ii.Interest on loans and advances to staff is recovered on completion of recovery of principal
amount.
ASSAM POWER GENERATION CORPORATION LIMITED
Notes forming part of the Consolidated Financial Statements
The Previous Year Figures have been regrouped/ reclassified,wherever necessary to conform to the current year presentation.
1. SHARE CAPITAL
Particulars
Authorised Shares Capital
100000000 equity share of 100 each
Account
codes
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
100,000.00
100,000.00
Issued, Subscribed and paid up
59.101
(i) 45585975 equity share of Rs 100/- each fully paid up
45,585.98
(Previous Year 5008 equity share of Rs 100/- each fully paid up)
Total
45,585.98
1.1 45585975 ( 5008) Shares out of the issued , subscrided and paid up Shares Capital were allotted as fully
paid
up
pursuant
to transfer scheme without payment being received in cash.
1.2 the Details of Shareholders holding more than 5% Shares
Name of the Shareholder
As on 31-03-2014
No of Shares
Governor of Assam
45585967
One number of share of Rs.100/- each by Shri S.Das, Shri S.Abbasi,
Shri S.K.Handique, Shri S.Kar, Smti.K.Baruah, Shri A.C.Baruah, Shri
S.K.Saha, Shri K.Patowali
8
% Held
45,585.98
45,585.98
As on 31-03-2013
No of Shares %
99.99998
99.99998
0.00002
0.00002
As on 31-03-2014
As on 31-03-2013
1.3 The Reconcillation of the number of shares outstanding is set out below :
Account
codes
Particulars
Equtity Shares at the beginning of the year
Add: Shares Issued During the Year
Equity Shares At the End of the Year
45585975
0
45585975
4558597
0
45585975
2. RESERVES AND SURPLUS
Account
codes
Particulars
General Reserves
Capital Reserves
55.300
Profit & Loss Account
Profit (Loss) as per last Balance Sheet
Profit (Loss) for the year
Total
2.1 Capital reserve includes:(a) Grant towards cost of Capital Assets (for WIP)
(b) Donated Capital Assets
(c) ADB Grant (for WIP)
(d) GoA Grant (from NABARD for CWIP of Myntriang SHEP)
Assam Power Generation Corporation Limited
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
38,038.15
39,924.99
(8,664.48)
(8,636.33)
(17,300.82)
20,737.33
(8,056.07)
(608.41)
(8,664.48)
31,260.51
As on 31-03-2014
(in Rs)
3,253,770,000
108,447,500
13,155,545
428,442,000
As on 31-03-2013
(in Rs)
3,575,770,000
108,447,500
11,839,991
428,442,000
Page 216 of 228
3. Shares Application Money Pending Allotment
Account
codes
Particulars
Capital of Assam State Electricity Board apportioned to the company as
per notification of the Government of Assam which is pending allotment
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
59.102
0.00
0.00
Total
0.00
0.00
4. Long Term Borrowings
Account
codes
Particulars
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
SECURED
52.111
Loans from PFC
Total
33,351.33
33,351.33
30,648.00
30,648.00
0.00
13,578.01
6,408.40
50.13
20,036.54
13.16
11,720.97
5,975.22
62.54
17,771.89
UNSECURED
Loans from ADB
52.112
State Govt. Loan
54.100
GPF
57.120
Staff Pension Fund (DCP)
Total
4.1 Loan from PFC is secured against the assets created out of it.
4.2 Loan from State Govt. includes Rs.65,64,99,696/- as repayment due.
4.3 During the year Rs.50.00 crore loan was drawn from PFC against NRPP project.
5. OTHER LONG TERM LIABILITES
Account
As on 31-03-2014
As on 31-03-2013
Particulars
codes
(Rupees in lakh)
(Rupees in lakh)
Trade payable
Liabilities to railways for Coal receipt
40.100
739.37
739.37
Total
739.37
739.37
5.1 Reconciliation with railways for settlement of dues is under progress & the process may take few more time.
6.LONG TERM PROVISION
Particulars
Provision For Employees Benefits
Provision For Employees Benefits
Others
Provision for doubtful loans and advances
Total
Account
codes
46.922
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
3,633.47
3,045.20
0.00
3,633.47
0.00
3,045.20
7.SHORT TERM BORROWINGS
Particulars
Account
codes
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
SECURED
0.00
0.00
0.00
0.00
0.00
0.00
UNSECURED
Total
Assam Power Generation Corporation Limited
Page 217 of 228
8.TRADE PAYABLE
Account
codes
Particulars
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
Micro Small And Medium Enterprises
Others
Liabilities for Supply of Gas
Total
40.500
16,748.92
16,748.92
12,790.75
12,790.75
As on 31-03-2014
(Rupees in lakh)
0.00
8,980.78
As on 31-03-2013
(Rupees in lakh)
9.54
9,089.35
9.OTHERS CURRENT LIABILITES
Particulars
Interest accrued but not due on Borrowings
Interest accrued and due on Borrowings
Other Payables
Liabilities for capital supplies /works
Liabilities for supplies/works(O&M)
Other Liabilities
Advance (to) /from AEGCL
Total
9.1 Interest accrued and due on borrowings includes
Account
codes
51.203
51.204
42.1-42.6
43.1-43.6
46.900
45.704
3,283.10
697.76
2,187.26
(1.79)
15,147.11
(a) State Govt Loan Rs.82,45,50,341/(b) PFC Loan Rs.7,35,28,009/-
2,919.24
730.49
2,482.56
(1.79)
15,229.39
10.SHORT TERM PROVISION
Particulars
Provision For Employes Benefits
Salaries, wages, bonous
Employees' contribution & recoveries
Others
Deposits and retention from suppliers and contractors
Provision for Liability for Expenses
Liability for Pension
Provision of Audit Fees
Provision for Building & other Construction workers welfare cess
Provision for Minimum Alternate Tax
Account
codes
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
44.300
44.400
807.67
150.52
958.19
704.65
132.85
837.50
46.100
46.400
46.500
46.805
46.803
46.802
5,089.37
654.68
90.30
2.40
0.46
0.00
5,837.21
6,795.40
4,789.22
1,713.01
41.11
2.40
173.64
0.00
6,719.38
7,556.88
Total
Assam Power Generation Corporation Limited
Page 218 of 228
ASSAM POWER GENERATION CORPORATION LIMITED
11.FIXED ASSETS
A/c
Code
As at
1.4.2013
Description
GROSS BLOCK
DEPRECIATION
Adjustment Additions Deductions
as at
during the during the
1.4.2013
year
year
Adjustment
Deduction
as at
Depreciation during the
1.4.2013
for the year
year
As at
31.3.2014
As at
1.4.2013
NET BLOCK
As at
31.3.2014
As at
31.3.2014
As at
31.3.2013
2,283.39
5,136.59
5,816.90
34,222.53
2,759.29
85.89
91.48
68.10
2,079.19
2,193.51
12,184.27
13,038.75
33,492.25
1,688.26
38.28
44.72
39.75
2,079.19
2,248.98
11,359.43
16,694.55
33,094.08
2,839.59
9.14
42.77
29.25
0.50
27.74
27.99
5,109.19
248.50
69,935.91
68,673.47
68,673.47
72,966.18
56,898.33
56,593.29
TANGIBLE ASSETS
OWN ASSETS
10.1
10.2
10.3
10.4
10.5
10.6
10.7
10.8
10.9
Land & Rights
Building
Hydraulic
Other Civil Works
Plant & Machinery
Lines & Cable Network
Vehicles
Furniture & Fixtures
Office Equipemnt
Roads on land
11.1
belonging to others
Capital spares at
11.3
Generating Stations
Total
Previous Year
2,079.19
4,445.63
15,742.50
18,463.06
65,354.14
4,414.57
124.17
412.65
97.07
281.77
(281.77)
-
557.12
-
28.24
-
-
-
17,282.56
-
-
-
128,443.78
129,258.56
-
CAPITAL WORK IN
PROGRESS
ASSET
Building (Residence)
Building (Factory)
Hydrulic
Other Civil Works
Plant & Machinary
Lines & Cable Network
Vehicles - truck, bus
Vehicles - others
Furniture & Fixtures
Office Equipemnt
31.27
1,578.36
392.59
2,635.99
32.98
5.32
10.78
Rate of Dep
1.63%
3.34%
4.75%
1.63%
5.28%
5.28%
11.31%
9.50%
6.33%
4.75%
4,687.29
2,190.31
557.12
3,005.09
2,079.19
4,476.90
17,320.86
18,855.65
67,714.78
4,447.55
124.17
136.20
107.85
28.24
17,282.56
132,573.95
128,443.78
2,196.65
4,383.07
1,768.51
32,260.06
1,574.98
115.03
369.88
67.82
0.25
17,034.06
59,770.31
56,292.38
3,847.00
324.84
1,163.01
(35.69)
(281.80)
(8.42)
(5,008.94)
-
86.74
753.52
201.39
1,637.63
21.30
6.55
3.40
8.70
-
0.25
-
148.25
-
2,867.73
3,786.82
308.89
12,173.37
62,638.04
59,770.31
METHOD
SLM
SLM
SLM
SLM
SLM
SLM
SLM
SLM
SLM
SLM
Note:- (i) In the absence of shift log book for Plant & Machinary, depreciation on Plant & Machinary
has Power
been charged
on continued Corporation
process plant basis.Limited
Assam
Generation
(ii) On fixed assets accuired during the year depreciation is charged on 'Put to Use' basis.
Page 219 of 228
12. NON CURRENT INVESTMENT
Particulars
Trade Investment
Others Investment
Total
Account
codes
As on 31-03-2014
(Rupees in lakh)
0.00
0.00
0.00
As on 31-03-2013
(Rupees in lakh)
0.00
0.00
0.00
Account
codes
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
13.LONG TERM LOANS & ADVANCES
Particulars
Others Loans & Advances
Security Deposits from consumers
Total
48.100 & 48.200
0.00
0.00
0.00
0.00
14.OTHERS NON CURRENT ASSETS
Account
codes
Particulars
Others
Prelimenary Expenses
Total
17.300
As on 31-03-2014
(Rupees in lakh)
0.00
0.00
As on 31-03-2013
(Rupees in lakh)
0.00
0.00
15. CURRENT INVESTMENT
Account
codes
Particulars
As on 31-03-2014
(Rupees in lakh)
0.00
0.00
Investment in Equity Instruments
Total
As on 31-03-2013
(Rupees in lakh)
0.00
0.00
16. INVENTORIES
Account
codes
Particulars
1. Capital Stores and Spares
Fuel Stock
Capital Materials Stock A/c
2. O&M Materials Stock A/c
3. Materials Stock Adjustments (Capital)
Other Material Account
Material stock-Excess/Shortage pending investigation - Capital
Less Provision against Stock
Net Total
21.101/125
22.601
22.602
22.501
22.700
22.800
46.920
As on 31-03-2014
(Rupees in lakh)
10.71
6,862.72
2,766.51
0.00
358.10
30.10
(3,203.05)
6,825.09
As on 31-03-2013
(Rupees in lakh)
7.41
7,393.76
1,318.22
0.00
276.17
30.10
(3,203.05)
5,822.61
17. TRADE RECEIVABLES
Particulars
Receivables against sale of power - APDCL
Account
codes
23.101
Total
Assam Power Generation Corporation Limited
As on 31-03-2014
(Rupees in lakh)
344.10
As on 31-03-2013
(Rupees in lakh)
9,485.66
344.10
9,485.66
Page 220 of 228
18. CASH & CASH EQUIVALENTS
Account
codes
Particulars
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
696.87
61.13
14,650.79
Balances With Bank
Cash In Hand
Fixed Deposits with Banks
1,110.10
65.34
10,588.53
Total
15,408.79
18.1 Balances with bank includes closing bank balance of HQ as well as of all field units along with the fund in transit.
18.2 Fixed Deposits with Banks includes closing balance of fixed deposit at various banks.
11,763.97
19. SHORT TERM LOANS & ADVANCES
Particulars
(Unsecured & Considered Good)
Advances for O&M supplies/works
Loans and advances to staff
Advance Tax/Income Tax deducted at source
Account
codes
26.1 to 26.8
27.1 & 27.2
27.400
Total
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
5,778.85
(39.05)
0.00
5,647.36
4.01
0.00
5,739.80
5,651.37
20. OTHER CURRENT ASSETS
Account
codes
Particulars
Interest Accrued on Investment
Advance to suppliers (Capital )
Interest bearing
Interest free
Advance to contractors (Capital )
Advance to Capital Contractors - Interest Free
Contractors materials control Account (capital)
Income Accrued but not Due
Fuel Related Receivables & Claims { Railway claims for Coal}
Other Receivables
Prepaid expenses
Deposits(except (28.907)
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
25.100
25.500
0.00
1,345.78
0.00
1,454.48
25.600
25.700
6.12
0.00
6.12
0.00
28.300
28.500
28.800
752.94
747.91
4,753.21
0.00
0.55
442.12
747.91
3,902.26
77.46
0.55
28.900
Inter Unit A/c - Capital Expenditure & Fixed Assets
32.000
0.00
(1.92)
Inter Unit A/c - Remittance to HQ
33.000
15.80
7.50
Inter Unit A/c - Opening Balance
36.802
1.11
1.11
Total
7,623.42
6,637.59
20.1 Other recivable includes proportion of unfunded liabilities to be received from the Pension Trust on account of GPF & LEB
payment.
Assam Power Generation Corporation Limited
Page 221 of 228
21. REVENUE FROM OPERATIONS
Account
codes
Particulars
Sale of Power (ASEB)
61.101
Sale of scrap
Total
As on 31-03-2014
(Rupees in lakh)
54,699.58
5.56
54,705.14
As on 31-03-2013
(Rupees in lakh)
45,965.83
1.98
45,967.81
22. OTHER INCOME
Account
codes
Particulars
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
Interest
Interest on House Building Advances to Staff
Interest on Investment (Fixed Deposit)
62.211
62.221
0.03
880.57
0.03
605.81
Dividend
Dividend gain on investment in UTI mutual fund
62.222
0.00
114.76
62.273
62.361
62.900
62.901
4.26
78.91
0.00
89.56
1.26
1,054.59
0.00
58.62
9.63
583.71
1.14
1,373.70
Other Non Operating Income
Interest from Banks (other than interest on fixed deposits)
Rebate received for timely payment of dues of loans, interest, etc.
Rebate for timely payment
Misc.receipts (except 62.901 &62.908)
Rentals from staff quarters
Total
* Interest on FD is calculated as closing balance of FD.
23. OTHER RECEIPTS
Account
codes
Particulars
As on 31-03-2014
(Rupees in lakh)
1,900.00
1,900.00
Revenue grant received
Total
As on 31-03-2013
(Rupees in lakh)
0.00
0.00
24.COST OF MATERIALS CONSUMED
Particulars
Indigenous
Gas
Gas/Oil (Internal Combustion)
Lubricants and cunsumable stores
Total
Account
codes
71.130
71.140 to
71.600
As on 31-03-2014
(Rupees in lakh)
2,985.80
35,549.98
122.90
38,658.68
As on 31-03-2013
(Rupees in lakh)
382.17
36,072.32
96.17
36,550.66
25. EMPLOYEE BENEFITS EXPENSES
Particulars
Salaries and Wages
Salaries
Overtime
Dearness Allowance
Account
codes
75.100
75.200
75.300
Assam Power Generation Corporation Limited
As on 31-03-2014
(Rupees in lakh)
3,380.68
143.72
2,712.21
Page 222 of 228
As on 31-03-2013
(Rupees in lakh)
3,349.31
63.01
2,195.02
Other Allowances
Bonus
Sub Total
75.400
75.500
Less:-Employees cost capitalised
Salaries and Wages
75.900
Contribution to Provident and Other Funds
Medical expenses reimbursement
Leave travel concession (L.T.C)
Earned leave encashment.
Other Staff Cost
Staff Welfare
Staff Welfare Expenses
75.800
75.611
75.612
75.617
75.630 to 75.649
75.700
692.70
2.88
6,932.19
0.00
6,932.19
636.83
2.22
6,246.38
211.79
6,034.59
1,204.34
17.42
4.51
27.57
0.65
12.96
1,112.05
18.47
4.20
18.81
2.08
21.33
63.11
8,199.64
TOTAL:
64.89
7,211.53
25.2 Under 'Contribution to Provident and Other Funds', 23.31% of Pay and DA of employees who joined in service prior to 01-012004 and 10% of Pay and DA of employees who joined in service after 01-01-2004.
26. FINANCE COSTS
Particulars
Account
codes
As on 31-03-2014
(Rupees in lakh)
Interest Expenses
Interest on State Govt. Loan
78.100
1,657.16
Interest on PFC Loan
3,746.36
78.300
Interest on ADB Loan
78.400
0.00
Interest on GPF
78.852
520.08
Less:Interest Capitalised
1,532.04
78.900
4,391.56
Interest Expenses
Bank charges
4.71
Total
4,396.27
26.1 Under 'Interest Expenses', an amount of Rs.15,32,04,111/- has been capitalised against NRPP.
26.2
165,716,474
(a) Interest on State Govt. Loan
0
(b) Interest on OD A/c
374,635,766
(c) Interest on PFC Loan
52,008,041
(d) Interest on GPF
Assam Power Generation Corporation Limited
Page 223 of 228
As on 31-03-2013
(Rupees in lakh)
1,404.75
2,752.95
1.38
475.49
401.40
4,233.17
19.05
4,252.22
27. OTHER EXPENSES
Account
codes
Particulars
Manufacturing Expenses
Repair and Maintenance of Plant and Machinery
Repair and Maintenance of Building
Repair and Maintenance of Civil Works
Repair and Maintenance of Hydraulic Works
Repair and Maintenance of Lines, Cable Net Works etc
TOTAL
Establishment Expenses
Rent Rates and Taxes
Insurance
Telephone Charges,
Postage.Telegram& Tele Charges
Tax Audit Fees
Legal charges
Audit Fee
Consultancy charges
Technical Fee
Other Professional Charges
Conveyance and Travel
Other administrative expenses (except 76.130)
Freight
Other Purchase related expenses
Other misc. expenses
Repair and Maintenance of Vehicles
Repair and Maintenance of Furniture and Fixures
Repair and Maintenance of Office Equipment
Less:-Administration and General Expenses capitalised
Total
Prior period items
As on 31-03-2014
(Rupees in lakh)
As on 31-03-2013
(Rupees in lakh)
74.100
74.200
74.300
74.400
74.500
2,060.00
181.23
88.84
86.65
3.36
2,420.08
1,612.44
156.54
55.43
101.84
0.15
1,926.40
76.101-76.102
76.103-76.106
76.107
76.108-76.109
76.130
76.110
76.111
76.112
76.113
76.114
76.115-76.119
76.120-76.190
76.210-76.220
76.230-76.299
76.501
35.22
80.96
11.50
1.15
0.10
1.94
2.09
18.89
1.80
6.66
117.44
968.57
3.28
0.45
3.42
6.03
25.91
7.94
0.00
1,293.35
8,415.19
22.82
125.56
12.67
0.54
0.10
43.63
1.90
4.02
0.77
5.02
69.52
353.08
5.45
0.02
5.40
9.10
22.19
4.72
(11.97)
674.54
(6,502.13)
12,128.62
(3,901.19)
74.600
74.700
74.800
76.900
Net Total
(a) Prior period income includes:(i) withdrawl of excess provision of interest on public bond as per C&AG's comment No.A.1 by Rs. 20,78,46,329/(ii) withdrawl of excess provision of bond repayment issued via warrant by Rs. 4,04,29,489/-.
(iii) withdrawl of provision made against "Assam Building & other Construction Workers Welfare Cess" in prior period as per
C&AG commnent No.A.04 by Rs.1,73,63,728/-.
(iv) withdrawl of adjustment Jv. No.21 of FY 2012-13 as per POS-11 of C&AG audit by Rs.1,58,37,047/-.
(v) withdrawl of excess provision of ROP arrear for FY 09-10 after adjusting actual payment by Rs.10,46,19,575/-.
(vi) withdrawl of ADB loan interest accounted in prior period by Rs.9,53,971/-.
(b) Prior period expense includes:(i) LD recovered from BHEL against LWHRP booked as other income now rectified & adjusted with asset as per commnent C&AG
No.A.03 by Rs.5,57,11,893/(ii) Revenue surplus of Rs.96.38 crore for 09-10 and Rs.20.51 crore for 10-11 arrived by AERC while truing up adjusted as per
commnent C&AG No.C.1
28. EARNING PER SHARE (EPS)
Account
codes
Particulars
As on 31-03-2014
(Rupees in lakh)
Net profit After Tax As per Statement of Profit & Loss
(8,636.33)
Number of Equity Shares
45585975
As on 31-03-2013
(Rupees in lakh)
(18.95)
Earning Per Share
Face Value per Equity share
100
29. The balance amount of Preference Share Capital (Paid up) of Rs.31/- which was remained as
it is after transferring of Preference Share Capital (Paid up) to Share Capital during 2011-12 has
been withdrawal during the year after taking due approval from the Board of APGCL vide Minutes
No.7(B) of Board Meeting No.53 dtd.07-02-14.
Assam Power Generation Corporation Limited
Page 224 of 228
(608.41)
45585975
(1.33)
100
30. Against Revision of Pay Rules, 2O1O, APGCL provided a lump-sum provision of Rs.31.75
crore for the period w.e.f. 01-01-06 to 31-03-09 in its Annual Accounts for FY 2008-09 and
Rs.11.49 crore for FY 2009-10 in its Annual Accounts for payment of the arrear to its employees.
But the arrear amount was declared to pay from 01-04-09 onwards only vide the said rules. The
provision made in the annual accounts for FY 2008-09 of Rs.31.75 crore has already been
withdrawn during the last year. The balance of excess provision of ROP arrear of Rs.10.46 crore
has been withdrawn during the financial year after adjustment with the actual payment.
31. The 2x1.5 MW, stage-II of Myntriang Small Hydro Electric Project, Myntriang, Karbi Anglong
District, was commissioned on 03-03-2014. The value of asset of stage-II is Rs.37.56 crore.
Construction work for stage-I (2x3 MW) and capacity enhancement of both the stages are also
going on.
32. AERC had issued revenue surplus of Rs.96.38 crore and Rs.20.51 crore for FY 2009-10 and
FY 2010-11 while truing up and the same had been adjusted with the tariff order issued to
APDCL. It was commented by C&AG while auditing the annual accounts of APGCL for FY 201213 vide comment No.C.1. So, the total amount of Rs.116.89 crore has been provided as prior
period loss and has been adjusted with receivable against sale of power during FY 2013-14.
33. The Fixed Asset Register of APGCL was derived from the opening trial balance of APGCL as
on 01-04-05 received on bifurcation of erstwhile ASEB. Over the past years since 2005-06,
depreciation was calculated on the basis of this Fixed Asset Register. But during FY 2013-14, a
massive physical verification of the fixed assets of APGCL was conducted by the technical wing.
Thus, a new Fixed Asset Register alongwith physical verification of the assets was derived from
the report and depreciation for the year has been calculated on the basis of this Fixed Asset
Register. But due to time differences and calculation of depreciation on the detailed fixed assets,
there occurred noticeable difference in various asset groups of fixed asset and depreciation.
These differences are shown as adjustments as on 01-04-2013 to both assets and depreciations
in Note-11 of the Annual Accounts. These adjustments neither affect the total fixed asset nor the
total depreciation, but affect individual asset groups.
34. In absence of any specific information available with the Company in respect of any supplier
attracting provisions of the Macro, Small and Medium Enterprises Development Act, 2006, no
disclosure/ treatment has been considered necessary in this regard.
35. Remuneration to Managing Director: During Financial Year 2013-14, an amount of
11,37,233/- was paid as remuneration to the Managing Director.
36. Value of imports calculated on C.I.F. basis:
Value of imports calculated on C.I.F. basis incurred during the year 2013-14 on import of Capital
goods is
8,18,00,530/-.
37. Expenditure in foreign currency (on cash basis):
The Expenditure in foreign currency (on cash basis) incurred during the year 2013-14 on import of
capital goods is
8,18,00,530/-.
38. Number of employees who are in receipt of emoluments aggregating to
24,00,000/- per
annum or
2,00,000/- per month as per Companies (Particulars of Employees) Rules, 1975 is
nil.
39. An amount of
3,00,00,000/- was sanctioned as overdraft by pledging fixed deposit of
3,00,00,000/- with State Bank of India, New Guwahati Branch.
40. The Company prepares Bank Reconciliation Statement regularly.
41. Details of remuneration to Auditors:
Particulars
Amount (
)
Statutory Audit Fee
Cost Audit Fee
For Tax Audit
Total
1,50,000.00
40,000.00
10,000.00
2,00,000.00
Assam Power Generation Corporation Limited
Page 225 of 228
ASSAM POWER GENERATION CORPORATION LIMITED
ANNEXURE - A
OPERATIONAL PERFORMANCE
Sl. No.
Particulars
Previous Year
2012-13
This Year
2013-14
(1)
(2)
(3)
(4)
1
Installed Capacity (MW)
(a) Thermal
60
60
102
105
(c) Gas
276.7
276.7
Total
438.7
441.7
---
---
344.017
422.510
(c) Gas
1421.247
1422.718
Total
1765.264
1845.228
133.661
112.381
(b) Hydel
2
Power Generated (MU)
(a) Thermal
(b) Hydel
3
Less: Auxiliary Consumption (MU)
6
Total power available for sale (MU)
1631.603
1732.847
7
Power sold (MU)
1631.603
1732.847
8
Units generated per MW of installed capacity (in Lakh unit)
40.2
42.1
9
Plant Load Factor (%)
0%
0%
(b) Hydel
38.50%
47.29%
(c) Gas
58.63%
58.70%
Percentage of generation to installed capacity
53.49%
55.92%
(a) Thermal
10
Assam Power Generation Corporation Limited
Page 226 of 228
ASSAM POWER GENERATION CORPORATION LIMITED
ANNEXURE - B
OPERATIONAL PERFORMANCE
Sl. No.
Particulars
(1)
(2)
1
Previous Year This Year
2012-13
2013-14
(3)
(4)
Installed Generation capacity (in MW) at the year end.
(a) Thermal
60
60
102
105
(c) Gas
276.7
276.7
Total
438.7
441.7
53.49%
55.92%
(b) Hydel
2
Plant Load Factor (%)
3
Power Generated (MU)
(a) Thermal
(b) Hydel
---
---
344.017
422.510
(c) Gas
1421.247
1422.718
Total
1765.264
1845.228
133.661
112.381
523.50
521.89
8442
8509
0.3683
0.3668
4
Auxiliary Consumption (MU)
5
Fuel
a) Gas Consumption (MMSCM)
b) Average calorific value of Gas (Kcal/SCM)
c) Gas Consumption per unit of generation (in SCM/Kwh)
Assam Power Generation Corporation Limited
Page 227 of 228
ASSAM POWER GENERATION CORPORATION LIMITED
Statutory information pursuant to Part IV of Schedule VI to the Companies Act, 1956
ANNEXURE-C
BALANCE SHEET ABSTRACT AND COMPANY'S GENERAL BUSINESS PROFILE
I.
Registration Details
Registration No.
Balance Sheet Date
II.
State Code No.:
02
Capital raised during the year (Amount in Rs. Lakh)
Public Issue:
Bonus Issue:
III.
02-07239
31-03-2014
NIL
NIL
Rights Issue
Private Placement:
NIL
NIL
Position of Mobilisation and Deployment of Funds (Amount in Rs. Lakh)
Total Liabilities:
38,691
Total Assets:
38,691
Source of Funds:
Paid up Capital:
Share Deposit
Secured Loans:
45,586
0
33,351
Reserves & Surplus:
20,737
Unsecured Loans:
20,037
69,936
35,941
17,301
Investments:
Misc. Expenditure:
Capital work in progress:
0
0
56,898
Total Expenditure:
Profit/ Loss (-) after Tax:
Dividend rate %
0
(8,636)
NIL
Application of Funds:
Net Fixed Assets:
Net Current Assets:
Accumulated Losses:
IV.
Performance of Company (Amount in Rs.Lakh)
Turnover:
Profit/ Loss (-) before Tax:
Earning per share in Rs.:
V.
57,660
(8,591)
(18.95)
Generic Names of Three Principal Products/Services of Company (as per monetary terms)
Item Code No.
NIL
Product description
Generation of Electricity
Assam Power Generation Corporation Limited
Page 228 of 228
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