MoP - Ministry of Power

182
Statutory Audit Paras of MOP, PSU’s etc. :
As per this office records the position of pending Audit Paras is as under :
Computerisation
The Office of the Controller of Accounts is generating
Computerised Accounts through two packages namely
COMPACT (PAO-2000) for accounts of Pay & Accounts
offices and CONTROLLER’S ACCOUNTING (CONTACT-
OLD) for monthly accounts of Pr. Accounts Office. The
Package named COMPACT (PAO, 2000) for Pre-check,
Compilation, GPF and Pension etc. Modules for Pay and
Accounts Offices, CPFM package for New Pension Scheme
and CONTACT (OLD) for Principal Accounts Office have
been working properly.
A Pay package has been developed using PAY-TRAN
through which pay bills, pay slips and other reports are being
generated.
23.2 SCHEME FOR ONE TIME SETTLEMENT OF
OUTSTANDING DUES PAYABLE BY SEB’s TO THE CPSU
(I) Securitisation of Outstanding Dues
An Expert Group under the Chairmanship of Shri. Montek
Singh Ahluwalia, the then Member (Energy), Planning
Comimission recommended a scheme for one-time
settlement of dues payable by State Electricity Boards
(SEBs) to Central Public Sector Undertakings (CPSUs) and
the Railways. The recommendations were accepted by the
Government of India. All the 28 State Governments signed
the Tripartite Agreements with Reserve Bank of India and
the Government of India. Bonds amounting to Rs. 34,958
crore have been issued by 27 States. Goa had no
outstanding dues. Government of National Capital Territory
of Delhi securitized its outstanding dues by converting the
dues into long-term advances of Rs. 3376.69 crore payable
to the CPSUs concerned under Bi-partite Agreement as
they do not have power to issue Bonds.
The securitization of old outstanding ‘dues for the power
sector companies envisaged under the Tripartite Agreement
(TP A) has been completed with the issue of Bonds, except
DESU period dues, for which a draft Cabinet Note has been
circulated to various Ministries/Departments for their
comments. The matter of settlement of dues of DESU
period will be posed to the Cabinet on receipt of
the comments of MHA.
Pending with Total
MOP Unit Audit COPU/
Monitoring Cell
(i) Commercial Paras 04 20 20 04 48
(ii) Civil Paras 08 05 15 - 28
(iii) Draft Paras 07 05 40 - 52
Total 19 30 75 04 128
The scheme has resulted in improvement in collection of
dues of the power sector CPSUs.
(ll) Constitution of Sub-Committee of the Standing
Group of Power Ministers to look at financing
issues including up-gradation of transmission and
distribution networks.
In the conference of Chief Ministers held on 28-05-2007,
the Hon'ble Prime Minister had announced constitution of
a Sub-Committee of the Standing Group of Power Ministers
to look at flnancing issues particularly for upgrading
transmission and distribution networks.
Accordingly, a Sub-Committee of the Group of Ministers
has been constituted on 31-08-2007 to look at financing
issues including up-gradation of transmission and
distribution networks. The constitution of the Sub-
Committee is as under:-
Deputy Chairman,
Planning Commission - Chairman
Minister of Power,
Govt. of Andhra Pradesh - Member
Minister of Power,
Govt. of Assam - Member
Minister of Power,
Govt. of Maharashtra - Member
Minister of Power,
Govt. of Orissa - Member
Minister of Power,
Govt. of Uttar Pradesh - Member
Secretary, Financial Services - Convenor
Permanent Invitees
Secretary, Ministry of Power
Chairperson, Central Electricity Authority
Chairman & Managing Director, Power Finance
Corporation Ltd.
The terms of reference of the Sub-Committee are as
follows:-
To make appropriate recommendations on various issues
to ensure timely availability of funds for achieving the target