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

3.6 POWER PURCHASE
3.6.1 Energy Balance
State Reports (Vol.-III)
Study on `Impact of Restructuring of SEBs’
As is evident from the table below, the State is highly dependent on the allocation
from Central sector projects and sources around 35 per cent of its requirements from
them. The share of MPGENCO is around 47 per cent while short-term and UI
purchases together contribute around 4 per cent in the total power requirement in the
State.
Table: Energy Requirement of the State in 2006-07 (MU)
Particulars
Estimated by
Commission
Share
%
Central sector (WR) 11410 34
Central sector (ER)
Bilateral purchases
390 1
NHDC (INDIRA SAGAR) 2700 8
Sardar Sarovar 1590 5
CPP/Wind 12 0
Short-term purchases 1124 3
UI 500 1
MPGENCO 15633 47
Total 33359 100
(Source: MPERC)
3.7 COMMERCIAL PARAMETERS
3.7.1 Price Build up of Transmission Operations
The estimated price build-up for 2005-06 as provided below suggests that around 23
per cent of the price build up of operations of MPTRANSCO is towards provision for
unfunded liabilities of pension and terminal benefits. As per transfer scheme these
liabilities are for all existing pensioners of MPSEB, whose pension terminal benefit
liabilities are chargeable on ARR of MPTRANSCO.
Estimated Price Build Up for: 2005-06
Particulars Rs crore (%)
Employee cost 80.01 12.39
A&G expenses 15.36 2.38
Repairs & maintenance 24.17 3.74
Depreciation 83.09 12.87
Interest on loans 184.39 28.55
Interest on working capital 12.78 1.98
Return of equity 92.82 14.37
Provision for unfunded liabilities
of pension and terminal benefits. 153.19 23.72
Total 645.81 100
4.36
(Source: MPERC)