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

Performance of the Board
Synopsis of State Reports (Vol.-IV)
Study on `Impact of Restructuring of SEBs’
11.2 The performance of the generation wing of the Board can be rated as very good
under all parameters. The PLF of the thermal stations has been increasing over
the years, along with improvements in other parameters, as could be seen from
the table given below:
Performance Parameters of Thermal Power Stations
Particulars 1999-2000 2000-01 2001-02 2002-03 2003-04 2004-05
PLF (%) 72.29 74.81 78.13 81.02 78.31 76.89
Heat Rate (kcal/kWh) 2,705 2,735 2,762 2,713 2,705 2,688
Oil Consumption (ml/kWh) 7.44 4.77 3,666 2.13 1.92 1.37
Auxiliary Consumption (%) 8.98 8.46 8.50 8.47 8.48 8.67
Plant Availability (%) 78.45 74.4 80.3 83.58 77.55 75.9
Unscheduled Breakdowns
in terms of MWH 26,58150 8,99,910 27,23,490 24,68,070 29,70,000 36,73,890
Financial Performance
11.3 The financial position of the Board is seriously affected by the free power to the
agricultural sector on Government directive and the highly subsidised power to
the domestic sector. Although the Government is mandated to compensate the
Board for its losses, it has not been able to do so because of its own financial
difficulties.
This has naturally led to continued losses despite its good technical performance
as could be seen from the details given below:
Financial Position of the Board
(Rs crore)
Particulars 2000-01 2001-02 2002-03 2003-04 2004-05
Turnover 7,578.10 8,222.47 9,515.74 11,508.21 12,703.65
PBT (-) 1,055.34 (-) 2,201.79 112.57 -1,110.13 -1,176.77
PAT (-) 1055.34 (-) 2,201.79 112.57 -1,110.13 -1,176.77
Interest paid 643.60 647.68 783.06 887.81 942.19
Equity 100.00 200.00 225.00 425.00 510.00
Debt outstanding 5,524.58 6,492.45 7,096.82 8,694.85 9,070.92
Net worth 3,146.10 1,258.28 1,727.01 1,284.26 603.06
Return on net worth (%) -0.34 -1.75 0.07 -0.86 -1.95
Budget subsidy 250.00 322.50 2,212.14 250.00 924.50
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