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[Cites 0, Cited by 0] [Section 29] [Entire Act]

Union of India - Subsection

Section 29(3) in Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2014

(3)Hydro Generating Station :
(a)Following operations and maintenance expense norms shall be applicable for hydro generating stations which have been operational for three or more years as on 01.04.2014:
            (in Rs lakh)
Sr. No. Name of Station 2014-15 2015-16 2016-17 2017-18 2018-19
A. NHPC
1. Bairasul 8696.25 9274.03 9890.19 10547.30 11248.06
2. Loktak 9673.64 10316.36 11001.78 11732.74 12512.26
3. Salal 14429.58 15388.29 16410.68 17501.01 18663.78
4. Tanakpur 7101.62 7573.45 8076.63 8613.24 9185.51
5. Chamera-I 10664.95 11373.53 12129.19 12935.05 13794.46
6. Uri 7419.40 7912.34 8438.04 8998.66 9596.54
7. Rangit 4576.46 4880.52 5204.78 5550.58 5919.36
8. Chamera-II 7256.54 7738.66 8252.82 8801.14 9385.89
9. Dhauliganga 7181.89 7659.05 8167.92 8710.59 9289.33
10. Dulhasti 13746.97 14660.32 15634.36 16673.10 17780.86
11. Teesta-V 8297.32 8848.59 9436.50 10063.46 10732.07
12. Sewa-II 6157.56 6566.67 7002.96 7468.24 7964.43
D. NHDC
1. Indira Sagar 8607.73 9179.63 9789.52 10439.94 11133.57
2. Omkareshwar 4515.31 4815.30 5135.23 5476.42 5840.27
E. NEEPCO
1. Kopili–I 6132.72 6540.18 6974.71 7438.11 7932.3
2. Ranganadi 7033.08 7500.36 7998.68 8530.12 9096.86
3. Doyang 3900.10 4159.22 4435.56 4730.26 5044.54
4. Khandong 1233.87 1317.89 1405.45 1498.82 1598.41
5. Kopili-II 321.00 342.33 365.07 389.32 415.19
F. DVC
1. Panchet 1546.42 1649.17 1758.74 1875.59 2000.20
2. Tilaiya 698.99 745.43 794.95 847.77 904.10
3. Maithon 1914.46 2041.66 2177.31 2321.97 2476.24
(b)for hydro generating stations of Satluj Jal Vidyut Nigam Limited (SJVNL) and Tehri Development Corporation Limited (THDC), the O&M expenses shall be approved as per the following methodology:
(i)The operation and maintenance expenses shall be derived on the basis of actual operation and maintenance expenses for the years 2008-09 to 2012-13, based on the audited balance sheets, excluding abnormal operation and maintenance expenses, if any, after prudence check by the Commission.
(ii)The normalised operation and maintenance expenses after prudence check, for the years 2008-09 to 2012-13, shall be escalated at the rate of 6.04% to arrive at the normalized operation and maintenance expenses at the 2012-13 price level respectively and then averaged to arrive at normalized average operation and maintenance expenses for the 2008-09 to 2012-13 at 2012-13 price level. The average normalized operation and maintenance expenses at 2012-13 price level shall be escalated at the rate of 6.04% to arrive at the operation and maintenance expenses for year 2013-14 and thereafter escalated at the rate of 6.64% p.a., to arrive at the O&M expenses for the period FY 2014-15 to FY 2018-19.
(c)In case of the hydro generating stations, which have not been in commercial operation for a period of three years as on 1.4.2014, operation and maintenance expenses shall be fixed at 2% of the original project cost (excluding cost of rehabilitation and resettlement works) for the first year of commercial operation.
Further, in such case, operation and maintenance expenses in first year of commercial operation shall be escalated @6.04% per annum up to the year 2013-14 and then averaged to arrive at the O&M expenses at 2013-14 price level. It shall be thereafter escalated @ 6.64%per annum to arrive at operation and maintenance expenses in respective year of the tariff period.
(d)In case of the hydro generating stations declared under commercial operation on or after 1.4.2014, operation and maintenance expenses shall be fixed at 4% and 2.50% of the original project cost (excluding cost of rehabilitation & resettlement works) for first year of commercial operation for stations less than 200 MW projects and for stations more than 200 MW respectively and shall be subject to annual escalation of 6.64% per annum for the subsequent years.