Tariff Petition 2008-09 to 2010-11 - WBSEDCL

A16. The WBSEDCL has made every effort to meet the information requirementsprescribed by the Hon’ble Commission. Notwithstanding the same, the WBSEDCL,however, agrees to make available any further information, as and when asked forby the Hon’ble Commission.17. WBSEDCL will be procuring power from WBPDCL, DPL through WBSETCL andalso from DPSCL whose prevailing tariff has been taken into account for arriving atthe estimated cost of power procured from / through them. The interim orderspassed by the Hon’ble Commission allowing a hike in price respect of WBPDCL andDPL and the recent FPPCA order for 2006-07 in respect of WBPDCL has also beenconsidered while estimating the power purchase price. If Hon’ble Commissionrevises the tariff in respect of WBPDCL, DPL & DPSCL for the ensuing years thenthe impact of such revision may kindly be considered while allowing the powerpurchase cost of WBSEDCL during the ensuing years.18. The State Govt. revised the rate of interest on all Govt. loans to WBSEB to 2%w.e.f. 2001-02 vide G.O. dated 09.10.2002 which was subsequently withdrawn byanother G.O. dated 16.04.2004. Hon’ble Commission while passing the tariff order ofWBSEB for the year 2004-05 deducted Rs. 637.96 Cr. from the revenue requirementof WBSEB towards excess interest allowed in the earlier years on the basis of Govt.order dated 9 th October 2002 reducing the interest rate to 2% with effect from the FY2001-02. The Govt. Order dated 09.10.2002 was subsequently withdrawn restoringthe rates at which the loans were originally sanctioned. Accordingly Rs. 637.96 Cr.deducted as above now stands refundable to WBSEDCL. Necessary compliancereport has been submitted time to time. To avoid tariff shock only Rs. 31.85 Cr. @5% of the deducted amount has been claimed every year as special appropriation inthe revenue requirement for the ensuing years.19. In the tariff order for 2004-05 Hon’ble Commission kindly withhold an amount ofRs.37298 Lakh provisionally from the revenue requirement due to non submission ofWest Bengal State Electricity Distribution Company LimitedPage - 9