Report of Indian Institute of Public Administration ... - Ministry of Power

4.1.2 Operational Efficiency
State Reports (Vol.-III)
Study on `Impact of Restructuring of SEBs’
The performance of APGENCO is shown in the table below:
Performance of APGENCO
Performance
Parameters
1998-99
1999-2000 2000-01
After Restructuring
2001-02 2002-03 2003-04 2004-05
Installed capacity (MW) 5,611.5 5,626.5 5,627.5 5,927.5 6,396.7 6,560.9 6,580.9
Energy generated (MU) 27,022.8 29,632 29,163 28,003 2,6370 25,420 28,717
Auxiliary consumption (%) 9.17 9.21 9.09 9.01 9.07 9.15 9.09
Secondary oil consumption
(ml/kWh)
1.70 1.26 0.98 0.95 0.64 0.56 0.50
Plant Load Factor (%) 77.6 83.2 85.1 86.3 88.9 86.0 89.7
Plant availability (%) 84.8 89.7 89.2 89.6 92.5 90.6 92.5
Employees per MW of
Installed capacity
2.56 2.69 2.16 2.06 1.85 1.77 1.72
The above performance data reveals the following:
• The energy generation increased initially in the first two years after the
new company was formed but again fell on account of shortfall in Hydel
generation due to inadequate inflows into the reservoirs;
• PLF has increased from 77.6 per cent in 1998-99 to 89.7 per cent in 2004-
05;
• Plant availability has increased from 84.8 to 92.5 per cent during the same
period;
• Auxiliary consumption is consistently in the range of 9 per cent;
• Secondary oil consumption has come down from 1.70 ml/kWh to 0.50
ml/kWh in the last six years; and
• The ratio of employees per MW installed capacity has gradually come
down from 2.56 to 1.72.
It is evident from the above that there is commendable improvement in the
performance of APGENCO.
4.1.3 Profit/Loss
APGENCO has consistently earned profits right from its inception. The
following figures show the company’s performance from 2002-03 to 2004-05.
Particulars 2002-03 2003-04 2004-05
Profit after tax (Rs crore) 55.73 10.46 51.64
Percentage of net profit to equity capital 3.23 0.56 2.71
1.29