process of ‘truing up’ requires the DERC
to carry out a prudence check. A prudence check is not a mere ac
counting or mathematical exercise ... prudence check requires a
scrutiny of reasonableness of the expenditure incurred or proposed
to be incurred by the Discoms and also such other factors that
Agency (hereinafter referred to as "DIA") for conducting the prudence check and verification of capital cost of the Power Project of the Generating ... with respondent no.6 functioning as DIA submitted its report regarding prudence check and verification of capital cost of the Power Project of the Generating
Punjab State Power Corporation Limited vs Punjab State Electricity Regulatory ... on 29 April, 2022
Judgment
Tata Power Delhi Distribution Limited vs Delhi Electricity Regulatory ... on 24 May, 2022
IN THE
environmentally and economically inefficient
Station without allowing for techno-economic prudence check.
22. CERC vide the Impugned Order disposed of the Petitions with the
following ... projected to be incurred and
admitted by the Commission after prudence check, and after
deducting the accumulated depreciation already recovered from
the admitted project cost
final approved cost for the EGTP would be determined subject to
prudence check once the project is completed in entirety, since
view, we opine that the State
Commission could have
applied its prudence check over the total expenditures
incurred on the project by the Appellant ... projects based on conventional sources of energy subject to
prudence check is considered for a specific project and in
such cases the tariffs for various
allows recovery of capital cost for
Section 62 Projects only after prudence check based on
detailed scrutiny, so that only justified and reasonable cost
Ntpc Limited vs Central Electricity Regulatory ... on 1 December, 2022
Judgment - Appeal No.25 of
approval for past years which have been Trued-up
after prudence check. MSETCL had also not appealed against
such disallowances following the MYT Order
