| 1.
Executive Summary The Petitioner owns and operates an installed power generation capacity of
420 MW with two units of 210 MW each. Historically the
generating units have been operating at much below their
potential because of transmission constraints and frequent
tripping of transmission lines. In addition JSEB has not been in
a position to consume the power generated when both the units
operate and the station is asked to back down. However, in
2006-07, the plant has shown an impressive performance that can
be attributed to both the units being able to dispatch
simultaneously.
Table 1 provides the performance of the generating units during the period
2000-2007.
Table 1: Generation Performance (MU)
|
Year |
Generation (MUs) |
Total |
Station PLF (%) |
Auxiliary Consumption
(%) |
|
Unit –I |
Unit-II |
|
2000-01 |
741 |
589 |
1330 |
36.11 |
16.09 |
|
2001-02 |
305 |
851 |
1156 |
31.39 |
15.79 |
|
2002-03 |
185 |
1183 |
1368 |
37.18 |
15.58 |
|
2003-04 |
616 |
731 |
1248 |
36.62 |
16.00 |
|
2004-05 |
1326 |
- |
1326 |
36.04 |
17.60 |
|
2005-06 |
1240 |
289 |
1529 |
41.56 |
14.23 |
|
2006-07 |
1412 |
1303 |
2715 |
73.80 |
12.04 |
|
2007-08 |
226 |
1569 |
1795 |
48.68 |
9.95 |
|
2008-09 |
826 |
1397 |
2223 |
60.43 |
8.37 |
|
2009-10 |
1500 |
990 |
2490 |
67.68 |
9.00 |
|
|
Projected performance of the Petitioner (FY
2009-10):
Table 2: Generation Parameters
for FY’10
|
Year |
Generation (MU) |
PLF (%) |
Auxiliary Consumption (%) |
Heat
Rate (kCal/kWh) |
Specific Coal Consumption (kg/kWh) |
Specific Oil Consumption (kg/kWh) |
|
2009-10 |
2490 |
67.68 |
9 |
3100 |
0.720 |
2.500 |
|
|
The fixed costs for the year 2009-10
are summarized below:
Table 3: Summary of Fixed Costs (Rs.Crores)
|
|
2009-10 |
|
Interest on Loan |
83.15 |
|
Depreciation |
45.55 |
|
O&M Expenses |
124.09 |
|
Interest on Working Capital |
18.04 |
|
Return on Equity |
19.42 |
|
Income Tax |
Nil |
|
Total |
290.28 |
|
The landed cost of
coal for FY10 is projected to be Rs.1300.00/MT which is higher
by Rs.5/MT only than last year. The cost of oil is expected to
be at the same level as of last year i.e Rs.39045.20/KL
respectively.
Table 4:
Summary of Variable Costs (Rs.Crores)
|
S.No |
Item |
Unit |
2008-09
(Actual) |
2009-10 |
|
1 |
Coal Cost per Unit |
Rs./kWh |
1.014. |
1.032 |
|
|
Oil Cost per Unit |
Rs./kWh |
0.1180. |
0.107 |
|
2 |
Total Fuel Cost per
Unit |
Rs./kWh |
1.132 |
1.139 |
|
The non-tariff income is projected to be at Rs. 200 Lakhs during
the FY 10.The sum of fixed and energy costs gives the total
revenue requirement of the company for the FY 2009-10. The
revenue requirement less other income will be the revenue to be
raised through tariff. This has been worked out in the Table 5
below:
Table 5: Revenue Requirement
|
Particular |
(Rs.
Lakhs) |
|
Fixed Charges |
29033.91 |
|
Energy Charges |
25807.74 |
|
Revenue Requirement |
54835.58 |
|
Other Income |
200 |
|
Revenue to be raised through Tariff in FY 2007 |
546365.58 |
|
The Petitioner has estimated a revenue
requirement of Rs 546.37 Crores after adjusting for its
non-tariff income and derived the following fixed and energy
components of tariff:
Table 6: Proposed Tariff Increase
|
Tariff Component |
Rs./kWh |
|
Fixed Charges Proposed |
1.272 |
|
Energy Charges Proposed |
1.139 |
|
Tariff Proposed |
2.411 |
|
Existing Tariff as approved in 2007-08 |
2.05 |
|
Increase in Tariff requested |
0.
361 |
|
The Petitioner requests the Honourable
Commission to approve the estimated Rs. 0.36 per kWh increase in
its tariff. |
