Licencee : CESCO CESCO Consolidated   OERC           Annex-A-2
 REVENUE REQUIREMENT FOR THE FINANCIAL YEAR 2002-03           
      EHT HT LT            Rs. in Crore
       321.90 402.01 1735.07             
Expenditure          CESCO's COMMISSION APPROVAL   COMMISSION APPROVAL
Para XVII Clause-2 (b) of Schedule VI of Elec. (Supply) Act 1948          PROPOSAL With Without   With Without
        EHT HT LT     corrective corrective TOTAL corrective corrective
I.     Purchase of Energy              77              96            414                                     586.70               561.51 708.43
II.    Distribution & Sale of Energy                 27            114                                     140.89               125.49          125.49
   (a) Employees cost                 20              84                                     104.07                 95.63            95.63
   (b) Repair & Maintenance Expenses                   6              25                                       30.38                 26.28            26.28
   (c) Admn. & General Expenses                   2              10                                       12.06                   8.58              8.58
     less : expenses capitalized                   1                5                                         5.61                   4.99              4.99
III.   Rent, rates and taxes other than all taxed on income & profits                   
IV.   Interest on loans, advanced by Gridco                15              65                                       80.29                 39.16            43.75
  (a) Interest on loan borrowed from organisation                17              74                                       91.30                 42.80            48.95
  (b) Interest on debenture issued by licensee                                                   -            
    less : interest captalised                   2                9                                       11.01                   3.64              5.20
V.    Interest on security deposit                                                      -             
VI.     Legal charges           incl in A&G          
VII.    Bad debt                   5              20                                       24.48       21.04 21.04
VIII.   Auditor's fees           incl in A&G          
IX.   Management including managing agents remuneration                  
X.   Depreciation                5                6              25                                       34.96       18.12 18.12
XI.   Other expenses - surcharge on overdue payables                26            114                                     140.40             
XII.   Contribution to P.F., Staff pension,                                                    -              
    Gratuity           Incl.in EmpCost           
  (a) Expenses on training & other training scheme                           
  (b) Bonus                           
A   (Total expenses I to XII)              81            174            752                                  1,007.73               -                 -                 -           765.32          916.83
Special appropriation to cover Para XVII Clause 2(c)                         
      EHT HT LT             
I.   Previous loss              105            455                                     560.59               
II.   All taxes on income & profits                    
III.   Installments of written down account in respect of intangible assets and new capital issue expenses                   
IV.   Contribution of contingency reserve                        
V.   Contribution towards arrear depreciation                       
  (a) Contribution to development reserve                       
  (b) Debt redemption and obligation                    
VI.   Other special appropriation permitted by OERC in order dated 19.01.01 para 7.26.3                7                8              36                                       51.04             
B   Total of (I to VI)                7            114            491                                     611.63       0  
    Total (A+B)              88            288         1,243                                  1,619.37               -                 -                 -           765.32          916.83

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Revised on February 10, 2003

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