Annual Revenue Requirement & Tariff Petition FY 06-07 of CSEB

In the ARR & Tariff Petition filed by CSEB to Chattisgarh State Electricity Regulatory commission, an error in the calculation of revenue at the existing and proposed tariff & calculation for depreciation has been found. CSEB has revised the calculation and accordingly incorporated the changes in the ARR & tariff petition. The changes are

Annual Revenue Requirement Form No: S4All figures in Rs Crores

Particulars PY CY EYActual Estimated Projection

FY 04-05 FY 05-06 FY 06-07I. Energy Availability incl Inter-state Sales(MU) 11,848 12,468 13,114 II. Sale of Power (MU) 7,264 7,916 8,589 III. T&D Loss excl Inter-State Sale % 38.99% 36.51% 34.51%IV. Average Cost of Supply 3.27 3.41 3.74

V 1 Receiptsa Revenue @ Existing tariffs & Miscell. Charges 2,390.11 2,685.01 2,746.38

Total 2,390.11 2,685.01 2,746.38

VI. 2 Expenditurea Generation Cost (Fuel Cost Only) 423.18 461.12 507.76 b Purchase of Power from Other Sources 799.05 899.26 1,418.06 c R&M Expense 152.79 147.99 192.79 d Employee Expenses 945.65 637.28 645.42 e A&G Expense 151.08 72.86 89.12 f Depreciation 40.80 46.25 69.00 h Interest & Finance Charges 132.18 175.03 286.90 I Less: Interest & other expenses capitalised 12.48 42.59 94.99 j Other Debits (incl. Prov for Bad debts) 15.28 148.99 100.00 k Extraordinary Items - - - l IncomeTax & Other (Misc.)-net prior period credit 90.86 223.00 178.00

Total 2,738.41 2,769.18 3,392.06

VII. 3 Reasonable Return 126.80 146.69 165.46

VIII. 4 Other Income 487.05 218.24 342.00

IX. 5 Annual Revenue Requirement (2)+(3)-(4) 2,378.16 2,697.63 3,215.52

X. 6 Surplus(+) / Shortfall(-) : (1)-(5) 11.95 (12.62) (469.14) before tariff revision

XI. 7 Tariff Revision Impact - - 163.41

XII. 8 Surplus(+) / Shortfall(-) : (6)-(7) 11.95 (12.62) (305.73) after tariff revision

Cost of Supply(Rs/Unit Sold) 3.27 3.41 3.74

CSEB

already notified in the newspaper dailies on 27th July 2006. After incorporating the changes the average cost of supply comes out to Rs 3.74/Unit. The abstract of the Annual revenue requirement is given above for necessary suggestions/objections by the concerned parties.

Secretary Chattisgarh State Electricity BoardDanganiya, Raipur