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

Maharashtra
Staff Strength
Investment and Financing Plan (Preliminary draft)
As on 31 March (In Rs. Crores)
INCOME
FY06 FY07 FY08 FY09 FY10
Total Revenues
EXPENSES
15,100 16,978 21,450 24,402 26,496
Purchase of Power 12,531 14,084 17,265 19,582 20,977
Repairs and Maintenance 346 377 437 531 631
Provision for depreciation 571 625 750 962 1,182
Total Operating expenses 15,794 17,544 21,077 23,839 25,680
Total interest p
245 505 817 1,056 1,197
Total Expenses 15,937 17,671 21,198 23,950 25,770
NET INCOME (836) (693) 252 452 725
Tax Payment - - 19 35 56
RETAINED EARNINGS (836) (693) 232 417 670
Income before Interest & Depreciation (123) 59 1,123 1,524 1,998
Provisions 286 323 412 470 511
Less : Working Capital Requirement 1,051 1,089 1,204 1,174 730
Less: Debt Service 380 307 314 567 872
Less : Income Tax - -
19 35 56
Total ICG / Total Deficit (1,268) (1,014) (3) 219 850
The total staff of MSEDCL is 68,887 and the energy sold per employee works out to
about 6.32 lakh kWh per annum.
Table: Average Recovery per Unit of Electricity
Year Rs/kWh Year Rs/kWh
1989-90 1.04 1997-98 2.15
1990-91 1.12 1998-99 2.69
1991-92 1.40 1999-2000 3.16
1992-93 1.57 2000-01 3.37
1993-94 1.62 2001-02 3.22
1994-95 1.68 2002-03 2.97
1995-96 1.98 2003-04 3.07
1996-97 2.08 2004-05 3.09
(Source: Administrative Reports, and Annual Accounts, various issues)
Year
Table: Average Cost of Supply
Expenditure
(Rs Lakh)
10.53
Energy
Sold (MU)
Cost of
Supply
(Rs/kWh)
1999-2000 1284881 41981.5 3.06
2000-01 1400347 39993.5 3.50
2001-02 1354946 38735.033 3.50
2002-03 1367316 41900.959 3.26
2003-04 1435221 43575.416 3.29
2004-05 1556387 46100.97 3.38
2005-06 1793784 45955.94 3.90