Licencee:-WESCO LTD. |
Annex-A1 |
| REVENUE REQUIREMENT
FOR THE FINANCIAL YEAR (01-02) |
| Expenditure |
|
| Para XVII Clause-2 (b) of
Schedule VI of Elec. (Supply) Act 1948 |
|
|
Rs. in crore |
| |
WESCO'S PROPOSAL |
Commission approval (corrective) |
Commission approval (without corrective) |
I. |
|
Purchase
of Energy |
415.40 |
424.32 |
424.32 |
II. |
|
Distribution
& Sale of Energy |
|
|
|
| |
(a) |
Employees
cost |
53.54 |
55.60 |
55.60 |
| |
(b) |
Material
cost |
18.43 |
13.62 |
13.62 |
| |
(c) |
Admn.
& General Expenses |
7.13 |
4.21 |
4.21 |
III. |
|
Rent,
rates and taxes other than all |
0.44 |
Included
inA&G |
Included
inA&G |
| |
|
taxed
on income & profits |
|
|
|
IV. |
|
Interest
on loans, advanced by Gridco |
15.42 |
15.69 |
15.69 |
| |
(a) |
Interest
on loan borrowed from organisation |
|
|
|
| |
|
From
World Bank |
7.28 |
4.40 |
6.28 |
| |
|
WESCO
POWER BOND INTEREST |
12.88 |
8.76 |
12.88 |
| |
(b) |
Interest
on debenture issued by licensee |
|
|
|
| |
© |
Interest
on Working Capital(DPS of GRIDCO) |
21.73 |
0 |
0 |
V. |
|
Interest
on security deposit |
|
|
|
VI. |
|
Legal
charges |
0.14 |
Included
inA&G |
Included
inA&G |
VII. |
|
Bad
debt |
29.38 |
13.73 |
13.73 |
VIII. |
|
Auditor's
fees |
0.04 |
Included
inA&G |
Included
inA&G |
IX. |
|
Management
including managing agents remuneration |
|
|
|
X. |
|
Depreciation |
26.50 |
13.06 |
13.06 |
XI. |
|
Other
expenses |
|
|
|
XII. |
|
Contribution
to P.F., Staff pension, |
7.19 |
Included
in empcost |
Included
in empcost |
| |
|
Gratuity |
1.56 |
Included
in empcost |
Included
in empcost |
| |
(a) |
Expenses
on training & other |
0.05 |
Included
inA&G |
Included
inA&G |
| |
|
training
scheme |
|
|
|
| |
(b) |
Bonus |
|
|
|
A |
|
(Total
expenses I to XII) |
617.10 |
553.38 |
559.39 |
Special appropriation to cover |
|
|
|
Para XVII Clause 2(c) |
|
|
|
| |
|
|
TOTAL |
|
|
I. |
|
Previous
loss(Including Depreciation):-20% claimed |
33.73
|
0 |
|
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 |
1.28 |
1.28 |
1.28 |
V. |
|
Contribution
towards arrear depreciation |
|
|
|
| |
(a) |
Contribution
to development reserve |
|
|
|
| |
(b) |
Debt
redemption and obligation |
|
|
|
VI. |
|
Other
special appropriation permitted |
|
|
|
| |
|
by
State Government |
|
|
|
B |
|
Total of (I to VI) |
35.01
|
1.28
|
1.28
|
| |
|
Total (A+B) |
652.11 |
554.66 |
560.67 |