PETITION - tantransco

Table of Contents
1. INTRODUCTION .............................................................................................................. 1
1.1 PREAMBLE ...................................................................................................................... 1
1.2 BACKGROUND ................................................................................................................. 1
1.3 PROVISIONAL TRANSFER SCHEME ........................................................................................ 2
2. OVERALL APPROACH FOR PRESENT FILING ...................................................................... 4
2.1 PRESENT APPROACH ......................................................................................................... 4
2.2 DATA/INFORMATION FOR ARR-APR ................................................................................... 5
2.3 REGULATORY FRAMEWORK ................................................................................................ 5
2.4 SUMMARY OF ASSUMPTIONS .............................................................................................. 5
3. FINAL TRUE UP FOR FY 2010-11 ....................................................................................... 6
3.1 BACKGROUND ................................................................................................................. 6
3.2 OPERATION & MAINTENANCE EXPENSES .............................................................................. 6
3.3 GFA AND DEPRECIATION ................................................................................................... 8
3.4 INTEREST CALCULATIONS ................................................................................................... 9
3.5 WORKING CAPITAL AND INTEREST ON WORKING CAPITAL ........................................................ 9
3.6 REASONABLE RATE OF RETURN ON EQUITY.......................................................................... 10
3.7 OTHER INCOME ............................................................................................................. 12
3.8 OTHER DEBITS & PRIOR PERIOD EXPENSES ......................................................................... 12
3.9 INCENTIVE..................................................................................................................... 12
3.10 REVENUE FROM TRANSMISSION CHARGES ........................................................................... 13
3.11 ANNUAL TRANSMISSION TARIFF ........................................................................................ 13
4. PROVISIONAL TRUE UP FOR FY 2011-12 ........................................................................ 14
4.1 BACKGROUND ............................................................................................................... 14
4.2 OPERATION & MAINTENANCE EXPENSES ............................................................................ 14
4.3 GFA AND DEPRECIATION ................................................................................................. 16
4.4 INTEREST CALCULATIONS ................................................................................................. 17
4.5 WORKING CAPITAL AND INTEREST ON WORKING CAPITAL ...................................................... 17
4.6 REASONABLE RATE OF RETURN ON EQUITY.......................................................................... 18
4.7 OTHER INCOME ............................................................................................................. 20
4.8 OTHER DEBITS & PRIOR PERIOD EXPENSES ......................................................................... 20
4.9 INCENTIVE..................................................................................................................... 21
4.10 REVENUE FROM TRANSMISSION CHARGES ........................................................................... 21
4.11 ANNUAL TRANSMISSION TARIFF ........................................................................................ 21
5. CAPITAL EXPENDITURE FOR FY 2010-11 TO FY 2012-13 .................................................. 22
5.1 CAPITAL EXPENDITURE AND CAPITALIZATION ....................................................................... 22
6. ANNUAL PERFORMANCE REVIEW – FY 2012-13 ............................................................. 24
6.1 BACKGROUND ............................................................................................................... 24
6.2 EXISTING CAPACITY OF TANTRANSCO IN FY 2012-13 ....................................................... 24
6.3 OPERATION & MAINTENANCE EXPENSES ............................................................................ 24
6.4 GFA AND DEPRECIATION ................................................................................................. 28
6.5 INTEREST CALCULATION ................................................................................................... 28
6.6 WORKING CAPITAL AND INTEREST ON WORKING CAPITAL ...................................................... 29
6.7 REASONABLE RETURN ON EQUITY ...................................................................................... 29
6.8 OTHER INCOME ............................................................................................................. 30
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