Licencee ..…Grid Corporation of Orissa Limited.

Annex - 1

REVENUE REQUIREMENT FOR 2001-02

Para XVII Clause-2 (b) of Schedule VI of Elec. (Supply) Act 1948

Rs. in Crore

GRIDCO Poposal 2001-02

Estimates for ensuing Year 01-02(with Correctives)

Estimates for ensuing Year 01-02(without Correctives)

SL NO

Description

1

2

3

I.

 

Cost of Purchase of Energy

1502.71

1167.82

1414.34

II.

Transmission Cost (O/M)

 

(a)

Employees cost

99.65

82.34

82.34

(b)

Material cost

27.16

15.99

15.99

(c)

Admn. & General Expenses

20.99

12.86

12.86

(d)

Amortisation of approved investment for restoring damages due to cyclone.

4.42

4.42

4.42

III.

Rent, rates and taxes other than all taxed on income & profits

IV.

Interest on loans, advanced by Gridco

236.61

162.01

216.77

(a)

Interest on loan borrowed from organisation

(b)

Interest on debenture issued by licensee

Interest on working capital

54.25

54.25

54.25

V.

Interest on security deposit

VI.

Legal charges ( shown separately from A&G Expenses)

0.65

0.00

0.00

VII.

Provision for Bad debt

8.71

0.00

0.00

VIII.

Auditor's fees ( shown separately from A&G Expense)

0.10

0.00

0.00

IX.

Management including managing agents remuneration

X.

Depreciation

90.30

44.96

44.96

XI.

Other expenses ( ERLDC Fees)

3.72

1.35

1.35

XII.

Contribution to P.F., Staff pension,Gratuity

0.00

0.00

0.00

(a)

Expenses on training & other training scheme

Bonus

A

(Total expenses I to XIII)

2049.26

1546.01

1847.29

Special appropriation to cover Para XVII Clause 2(c)

546.55

378.19

432.95

SL NO

Description

I.

Previous loss (Over Drawl by Distco & Prior Period Bills of NTPC)

108.25

II.

All taxes on income & profits

III.

Installments of written down account in respect of intangible assets and new capital issue expenses

IV.

 

Contribution to contingency reserve

7.31

7.31

7.31

V.

Contribution towards arrear depreciation

(a)

Contribution to development reserve

(b)

Debt redemption and obligation

VI.

Other special appropriation permitted by Appropriate Authority

B

C

Total of (I to VI)

115.56

115.56

115.56

D

Reasonable Return

118.61

15.49

15.49

E

Rebate to Consumers (Net for 01-02)

F

Miscellaneous Receipt

15.48

37.57

37.57

Total (A+B+C+D+E-F)

2267.96

1639.49

1940.76


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