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

Gujarat
Paschim Gujarat Vij Company Limited (PGVCL)
Salient features of the company are as under:
Area of operation Paschim Gujarat
Districts serviced 8
Villages serviced 5,216
Nine – Rajkot, Rajkot City, Jamnagar,
Circles
Porbandar, Bhuj, Junagadh,
Surendranagar, Bavnagar and Amreli
Division offices 40
Sub-division offices 236
No. of 11KV feeders 2,415
No. of consumers 29.9 lakh
No. of employees 10,406
The company had submitted ARR to GERC in January 2006 for the years 2005-06
and 2006-07. The Commission approved the ARR only for the year 2006-07. The
details of ARR claimed by PGVCL for the year 2006-07and approved by the
commission are given below.
Details of expenditure heads
As claimed by
PGVCL
(Rs lakh)
As approved by the
Commission
Power purchase cost 273829 246440
Employees cost 22033 20732
Repairs and maintenance charges 5398 5300
Administrative and general expenses 4942 4852
Depreciation 18717 9574
Interest on loans 8849 9095
Interest on working capital 4465 4437
Other debits 2139 2100
Provision for bad debts 1066 1066
Licensee fee and other charges 120 120
Less interest and other expenses
capitalised
(-) 1634 (-) 1634
Return on equity 14409 7015
Provision for tax 0 -
Total expenses approved 348675 * 309097
* after allowing non-tariff income, Rs 5,658 lakh
Bulk Supply Tariff for PGVCL is Rs 1.81 per kWh.
9.37