approving the ARR and tariff for the FY 2014-15 without
audited accounts and without truing-up of Accounts for
the past years ... audited accounts".
9.4 That the delay in preparation of accounts by Meghalaya
Power Distribution Company Limited has happened due to
re-structuring
Commission could have considered
only the audited account details which were made available to them
by way of audited accounts of the entities before merger ... that the State Commission's requirement of the audited
accounts for ascertaining new capital structure of the amalgamated
entity for giving any consideration
Chhattisgarh State Power Distribution ... vs Chhattisgarh State Electricity ... on 9 October, 2015
Appeal No.308
audited accounts, as on 31.03.2014, a gross block of fixed assets stood at Rs.1261.63
Cores. Based on the debt equity ratio structure prescribed ... Tariff for FY 2014-15. The audited accounts in
question can only be the audited accounts
Disallowance of salary for FRSR structure
24: Disallowance of cost due to new initiatives
25: Disallowance of Audit Fees
26: Disallowance of tendering costs
submitted in paragraph XXV of the Appeal that the "tariff structure of DVC was all along on cost plus basis based on budgetary norms ... reading down the provisions of Part-IV (Finance, Accounts and Audit) of the DVC Act as these are not inconsistent with the provisions
when Audited
Annual Accounts for these years are made available by
PSPCL along with next ARR.
6.4.4 GoP in its letter No. 11/24/2013 ... view, the Commission has incorporated
the same in the tariff structure in Table 6.1.
Besides, the Commission has also determined an amount
structure
(1) In case of a generating company,
transmission or distribution licensee,
investments made prior to 1.4.2009 shall
be accepted on the basis of audited
attracting
investments in distribution. Multi-Year Tariff (MYT)
framework is an important structural incentive to
minimize risks for utilities and consumers, promote
efficiency and rapid ... audits have been made
compulsory for power intensive industries under
the Energy Conservation Act . Other industries may
also be encouraged to adopt energy audits
Central Power Research Institute (hereinafter called 'CPRI') on the fuel audit
of the thermal generating stations of the appellant despite the inherent flaws ... made through identified means and then setting the norms in
a structured manner for generating stations to achieve over a period of time. The
above
