MoP - Ministry of Power

76
The status of electricity traded by the licensees i.e. upto 30 th September 2007 has been provided in the following table :
STATUS OF INTER-STATE TRADING IN ELECTRICITY
S. Name of the 2006-07 April-Sept. 2006 April-Sept. 2007
No. Trading Licensee
Volume of %to total Volume %to Volume %to total
Trade Volume of Trade total of Trade volume
(MUs) Volume (MUs)
1 PTC India Ltd* 6575.41 43.77 4369.80 55.30 6590.60 55.18
2 NTPC Vidyut Vyapar 2662.98 17.73 1505.94 19.06 1620.77 13.57
Nigam Ltd.
3 Tata Power Trading Company 1206.38 8.03 459.81 5.82 756.88 6.34
4 Reliance Energy Trading 878.29 5.85 459.91 5.82 320.88 2.69
Limited
5 Adani Exports Ltd. 1844.66 12.28 619.44 7.84 497.03 4.16
6 Lanco Electric Utility Ltd. 744.00 4.95 345.81 4.38 1305.04 10.93
7 JSW Power Trading 967.94 6.44 78.35 0.99 715.04 5.99
Company Ltd.
8 Karamchand Thapar and 106.47 0.71 25.96 0.33 79.57 0.67
Bros Ltd.
9 Subash Kabini Power 36.61 0.24 36.61 0.46 Nil Nil
Corporation Ltd.
10 Vinergy International Pvt. Ltd. 53.74 0.45
11 Visa Power Ltd. 3.46 0.03
Total 15022.74 100.00 7901.62 100.00 11943.61 100.00
*The volume of trade includes Cross Border Power traded by PTC India Ltd. under long-term contract i.e. 3717.63
Total volume of electricity traded during April-September 2007
was 11943.01 MU and the volume of electricity
traded during the same period of the previous year
was 7901.62 MUs. The growth in the volume during
April-September 2007 was 51.15% when compared with the
volume during the same period of the previous year.
If we assume the same growth in the following six months
i.e. during Oct 2007 to March 2008 the volume would
be 18051.85MUs during the financial year 2007-08.
The percentage increase in the volume of electricity traded
would be 20.16% during the year 2007-08 when compared
with the volume in the previous year 2006-07.
It is observed from the quarterly reports submitted by the
licensees during the current year that all the trading licensees
are strictly complying the CERC (Fixation of Trading Margin)
Regulations 2006, dated 23.1.2006 and are charging trading
margin of 4 paise/kwh.
8. Notification on Escalation Rates, Inflation Rates,
Discount Rate and Dollar-Rupee Exchange Variation
Rate for the purpose of Bid Evaluation and Payment
As per the Ministry of Power Notification dated
19.01.2005 (as amended from time to time) on
Guidelines for Determination of Tariff by Bidding Process
for Procurement of Power by Distribution Licensees,
the Central Electricity Regulatory Commission is
required to notify every six months various escalation
rates, inflation rates, discount rate and dollar-rupee
exchange variation rate for the purpose of bid evaluation
and payment. The Commission has notified these rates
vide notification dated 4.4.2007 and 24.9.2007
respectively for the period applicable from April 2007 to
September 2007 and from October 2007 to March 2008.
9. 104 petitions were carried forward from the previous
year, that is, 2006-2007. In addition 113 petitions were
filed during 1.4.2007 to 30.11.2007, the year under report
(1.4.2007 to 30.11.2007), taking the total number of
petitions to 217. Out of these, 80 petitions were
disposed of during 2006-2007 (up to 30.11.2007). 33
interlocutory applications were received, out of these
28 IAs have been disposed of.