date may be admitted by the commission, subject to prudence check:
(i) Deferred liabilities relating to works/services with in the original scope of work ... decapitalisation claimed by the petitioner under various categories and by applying prudence check, the admissibility of additional capitalization is discussed in the succeeding paragraphs.
Expenditure
tariff regulations, 2004,provides as follows:
Subject to prudence check by the Commission, the actual expenditure incurred on completion of the project shall form ... claiming the additional capital expenditure on certain assets.
17. On prudence check, the following items are not considered for capitalization:
Sl. No.
Asset Description Amount
date may be admitted by the Commission, subject to prudence check:
(i) Deferred liabilities;
(ii) Works deferred for execution;
(iii) Procurement of initial capital spares ... date may be admitted by the commission, subject to prudence check:
(i) Deferred liabilities relating to works/services with in the original scope of work
capital cost provide as under:
17. Capital Cost: Subject to prudence check by the Commission, the actual expenditure incurred on completion of the project shall ... financing plan, the same shall be the guiding factor for applying prudence check on the actual capital expenditure:
Provided further that in case
balance sheets, excluding abnormal operation and maintenance expenses, if any, after prudence check by the Commission. The average of such normalized operation and maintenance expenses ... allowances on account of wage revision and VRS payments.
68. On prudence check, the following expenses have been excluded from
consideration towards
regulations provides as under:
33. Capital Cost: Subject to prudence check by the Commission, the actual expenditure incurred on completion of the project shall form ... balance sheets, excluding abnormal operation and maintenance expenses, if any, after prudence check by the Commission.
The average of such normalised operation and maintenance expenses
Regulation 33 of the 2004 regulations provides as follows:
Subject to prudence check by the Commission, the actual expenditure incurred on completion of the project ... balance sheets, excluding abnormal operation and maintenance expenses, if any, after prudence check by the Commission.
The average of such normalized operation and maintenance expenses
date may be admitted by the Commission, subject to prudence check:
(i) Deferred liabilities;
(ii) Works deferred for execution;
(iii) Procurement of initial capital spares ... date may be admitted by the commission, subject to prudence check:
(i) Deferred liabilities relating to works/services with in the original scope of work
capital cost provide as under:
17. Capital Cost: Subject to prudence check by the Commission, the actual expenditure incurred on completion of the project shall ... financing plan, the same shall be the guiding factor for applying prudence check on the actual capital expenditure:
Provided further that in case
Commission, which, inter alia, take into consideration the investment (subject to prudence check by the Commission) made for creation of the regional transmission system. Because
