Inside Pages9Final.indd - Ministry of Power
Inside Pages9Final.indd - Ministry of Power
Inside Pages9Final.indd - Ministry of Power
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172<br />
MINISTRY OF POWER<br />
Annexure<br />
AUDIT OBSERVATIONS OF C&AG<br />
MINISTRY OF POWER<br />
National Hydroelectric <strong>Power</strong> Corporation Limited<br />
The Company incurred an avoidable expenditure <strong>of</strong><br />
Rs.3.80 crore due to not carrying out overhauling <strong>of</strong> circuit<br />
breakers as per manufacturer’s maintenance manual.<br />
Besides, there was generation loss <strong>of</strong> 46.35 MUs, resulting<br />
in loss <strong>of</strong> revenue <strong>of</strong> Rs.71.39 lakh.<br />
(Para 16.1.1 <strong>of</strong> Report No. 3 <strong>of</strong> 2005) Commercial<br />
<strong>Power</strong> Grid Corporation <strong>of</strong> India Limited<br />
Failure to utilise 2,989 MT <strong>of</strong> imported steel for the past eight<br />
years resulted in locking up <strong>of</strong> borrowed funds <strong>of</strong> Rs.7.05<br />
crore and loss <strong>of</strong> interest amounting to Rs.9.03 crore.<br />
(Para 16.2.1 <strong>of</strong> Report No. 3 <strong>of</strong> 2005) Commercial<br />
<strong>Power</strong> Grid Corporation <strong>of</strong> India Limited<br />
Incorrect measurements recorded at the time <strong>of</strong><br />
construction <strong>of</strong> transmission lines resulted in overpayment<br />
<strong>of</strong> Rs. 56.18 lakh to the contractors on length-specific<br />
material.<br />
(Para 16.2.2 <strong>of</strong> Report No. 3,<strong>of</strong> 2005) Commercial<br />
Tehri Hydro Development Corporation Limited<br />
The Company paid penalty <strong>of</strong> Rs. 3.60 crore to Uttaranchal<br />
<strong>Power</strong> Corporation Limited (UPCL) during the period June<br />
1999 to June 2002 due to failure to assess its demand<br />
for power properly and delay in getting additional load<br />
sanctioned.<br />
(Para 16.3.1 <strong>of</strong> Report No. 3 <strong>of</strong> 2005) Commercial