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

Madhya Pradesh
While MPERC, in the tariff order for 2006-07, has projected a marginal gap of around
Rs 9.51 crore, however, the ARR-ACS analysis for the year 2003-04 indicates a
revenue gap of around 96 paise per unit. The ARR-ACS trend and revenue gap up to
2003-04 is as shown below:
410
310
210
110
10
Trend of Average Cost of Energy (ACS) and Average Rate of realisation (ARR)-
Paise/Unit
215.15
222.55
182.33 176.95
32.82
4.1.5 Capital Expenditure
45.6
241.14
164.31
76.83
4.45
303.02
207.51
95.51
380.68
258.73
121.95
430.44
242.74
187.7
368.41
279.42
88.99
1996-97 1997-98 1998-99 1999-2000 2000-01 2001-02 2002-03 2003-04
Cost of Power ARR Gap (ACS-ARR)
397.33
300.63
96.7
(Source: MPSEB)
The investments in the distribution sector have picked up since 2001-02. The
investments had more than doubled from Rs 124 crore in 2001-02 to Rs 302 crore in
2004-05.
350
300
250
200
150
100
4.1.5.1 Equity and Loans
Investment (Rs. Crores) to Improve Distribtion system (MPSEB)
171.79
155.41 163.77 166.53 159.24
141.01
127.67
124.28
218.2
302.56
95-96 96-97 97-98 98-99 99-00 00-01 01-02 02-03 03-04 04-05
(Source: MPSEB)
As per the notification, dated 31 May 2005 of the State Government, the provisional
opening balance sheets were issued in respect of the five companies. As per opening
balance sheet, equity and loans, as allocated to the DISCOMs, is given as under: