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Administrative Report
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Preface
This is the second report
on the working of the Commission has been prepared as required under Section
105 of the Electricity Act 2003. The Act aims to promote investment through
private participation and also to provide the consumers with quality power
and service. On one side it has opened up the door for the private
investment by protecting the investment by grant of return on investment, on
the other hand it protects the interest of the consumers by ensuring quality
power at affordable price with better service and choice of source of power
through open access. It is expected that the competition will bring better
technology, improved service and above all reduced cost making the
electricity cheaper.
The first Administrative
Report covering the period from the date of its inception to 15 th
of August 2005 on the working of Jharkhand State Electricity Regulatory
Commission was presented to the State Legislative Assembly on 15th of
December 2005.This report covers the period between 15th August 2005 and
31st January 2007. The Commission is working to bring about the reforms in
the power sector in the State of Jharkhand and in the short time it has
received enormous support not only from the Government of Jharkhand and the
licensees but also from the people of Jharkhand who are waiting for change
in the power sector in Jharkhand to bring about the change for development
and betterment in the region. The Commission joined hands with FF Power
Conclave in organizing an International Conference on "Power Conservation"
at Ranchi. The Commission is concentrating on consumer awareness programs.
After getting Consumer Grievance Redressal Forums in position, the
Commission has also appointed Electricity Ombudsman for Jharkhand, who too
is operational since 5th September 2006.
Sd/-
Ranchi
(S.K.F Kujur)
Dated :
Chairman
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Jharkhand State Electricity
Regulatory Commission
JSERC was constituted by
the Government of Jharkhand in August 2002 and was operationalised on 24th
of April 2003 with the Chairman being administered the oath of the office.
It functioned as a single man Commission at initial stage and from 9th of
February 2005 it is functioning with Chairman and two members.
The Commission :
The Commission consists of:
Chairman : Shri S.K.F.Kujur
Member (T) : Shri P.C.Verma.
Member (Legal) Smt.
Shakuntala Sinha
Secretary of the Commission
is Shri A.K.Mehta.
Apart from the above the
Commission is being assisted by one consultant Shri G.D.Sinha (IT & Energy
Audit, till 16th of September, 2007) and other office support staff.
The Government of Jharkhand vide its notification dated 22.08.2002 laid down
the function of JSERC as per Section 22 of The Electricity Regulatory
Commission Act 1998 which has now became the part and parcel of Electricity
Act 2003.
The functions of the SERCs are detailed in Section 86 of the Electricity Act
2003 which are as under:
a) determine the tariff for generation, supply, transmission and wheeling of
electricity, wholesale, bulk or retail, as the case may be, within the
State:
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Provided that where open
access has been permitted to a category of consumers under section 42, the
State Commission shall determine only the wheeling charges and surcharge
thereon, if any, for the said category of consumers;
(b) regulate electricity purchase and procurement process of distribution
licensees
including the price at which electricity shall be procured from the
generating companies or licensees or from other sources through agreements
for purchase of power for distribution and supply within the State;
(c) facilitate intra-state transmission and wheeling of electricity;
(d) issue licenses to persons seeking to act as transmission licensees,
distribution licensees and electricity traders with respect to their
operations within the State;
(e) promote cogeneration and generation of electricity from renewable
sources of energy by providing suitable measures for connectivity with the
grid and sale of electricity to any person, and also specify, for purchase
of electricity from such sources, a percentage of the total consumption of
electricity in the area of a distribution licensee;
(f) adjudicate upon the disputes between the licensees, and generating
companies and to refer any dispute for arbitration;
(g) levy fee for the purposes of this Act;
(h) specify State Grid Code consistent with the Grid Code specified under
clause (h) of sub-section (1) of section 79;
(i) specify or enforce standards with respect to quality, continuity and
reliability of service by licensees;
(j) fix the trading margin in the intra-State trading of electricity, if
considered, necessary; and
(k) discharge such other functions as may be assigned to it under this Act.
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(2) The State Commission
shall advise the State Government on all or any of the following matters,
namely :-.
(i) promotion of competition, efficiency and economy in activities of the
electricity industry;
(ii) promotion of investment in electricity industry;
(iii) reorganization and restructuring of electricity industry in the State;
(iv) matters concerning generation, transmission , distribution and trading
of electricity or any other matter referred to the State Commission by that
Government.
Objectives for the Commission:.
To take measures conducive to development of electricity industry, promoting
competition there in, protecting the interest of the consumers,
rationalization of tariff and ensuring transparency in its functioning.
(a) Preparation of Regulations:
The Commission started preparing its Regulations by preparing and notifying
the concept paper and inviting comments and suggestions, there after the
Commission held public hearing. After this the draft regulations are
published through its web-site and press notifications. After getting the
comments and suggestions on the draft, public hearings were organized and
then the regulations were finalized. So far, the following Regulations have
been notified by the Commission:
JSERC (Conduct of Business) Regulation 2003,
JSERC (Delegation of Financial Powers) Regulations, 2003.
JSERC (State Advisory Committee) Regulation, 2003.
JSERC (Tariff) Regulation, 2003, replaced by JSERC (Terms and Conditions of
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Thermal Generation Tariff)
Regulations,. 2004,
JSERC (Terms and Conditions for Determination Tariff) Regulations, 2004,
JSERC (Guidelines for setting up of Consumers Grievance Redressal Forum and
Electricity Ombudsman) Regulations, 2005.
JSERC (Open Access in Intra State Transmission & Distribution) Regulations
2005
JSERC (Terms and Condition for Distribution License) Regulation, 2005.
JSERC Electricity Supply Code, 2005.
JSERC (Distribution Licensees’ Standard of Performance) Regulation, 2005.
JSERC (Multi Year Tariff), Regulation 2007 ( in press for notification)
JSERC (Small and Mini Hydel) Regulation 2007 ( in press for notification)
JSERC Intra-State Trading License, Regulation, 2006.
(b) Transparency in the working of the Commission:
Public Hearings :
Electricity Act 2003 directs that working of the Commissions should be
transparent. Public Hearing has been considered as one of the most
appropriate method of transparency. Before any decision is taken by the
Commissions, public hearings are organized to get opinions/ suggestions/
objections on the matter. All stake-holders are invited to these hearings.
Thus public hearings have a special place in the working of Commissions to
maintain transparency, exchange of thought and ideas, involvement of
stakeholder including the consumers and openness. In line with this
philosophy JSERC had been organizing public hearings at different places.
Dissemination of information :
The Commission makes available information to the public and stakeholders
through press, website, and computer kiosk at Commission’s office (through
touch screen). The information at Computer Kiosk is updated every week. In order to create public
awareness regarding rights and duties of the consumers the Commission
released advertisements in the newspapers as "Kya Aap Jante Hai?" series.
Apart from this an organization was engaged for "Nukkad Natak" to perform at
block levels. Commission also participated in getting seminars/ workshops
organized on issues dealing with power industry. |
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Licensees
In the state of Jharkhand,
following are the licensees (including deemed licensees):
Distribution:
Jharkhand State Electricity Board, TATA STEEL( for the city of Jamshedput),
SAIL( for the city of Bokaro) and DVC in the Damodar Command Area. Second
Licensee: M/s JUSCO, a subsidiary company of M/s Tata Steel has been
granted for distribution in the district of Saraikela-Kharsawan as a second
licensee. After going through the laid down procedure as per the Regulation
the License was granted on 1.12.2006 for 25 years.
Damodar Valley Corporation
(DVC) which was supplying electricity to the consumers in its command area
at 30 kv and above came under the purview on Electricity Act 2003 and under
it they have the obligation to follow USO. This led to having two
distribution licensees in that area one the Board (which was distributing
electricity below 30 kv) and DVC. Thus Jharkhand State has become the first
state in the country to provide choice to the consumers with two
distribution licensees operating in the same area.
Major generators in
Jharkhand
Jharkhand State Electricity
Board, TVNL, Tata Powers, DVC, and Bokaro Electricity Supply Co.
Apart from the above there are number of
small generators generally captive in nature. The total install generating
capacity in Jharkhand is as under: |
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POWER GENERATION IN JHARKHAND
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* One 120 MW unit of Tata Power
synchronized in November 2005
State Advisory Committee
The Commission
constituted the State Advisory Committee as required under Section 87
of Electricity Act 2003, to advice it. The first SAC was constituted for a
period of two years w.e.f. 20.11.2003.There were twenty one members in the
Committee.
The objective of the
SAC is to advice the Commission on:
(a) Major policy
issues.
(b) Matter relating to
quality, continuity and extent of service provided by the
licensee.
(c) Compliance by
licensees with conditions and requirements of their license.
(d) Protection of
consumer interest.
(e) Electricity supply and overall
standard of performance by utilities.
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The Second SAC was
constituted on 2.8.2006 with the following members:
S/Shri
1. Secretary, Department of
Energy, Govt. of Jharkhand Ex-Officio Member
2. Secretary, Dept of Food,
Public Distribution & Consumers Affairs, Govt. Jharkhand
Ex-Officio Member
3. Chairman Jharakhand
State Electricity Board,
4. Dr.S.K.Mukherjee,
Vice-Chancellor BIT, Mesra.
5. Shri R.P. Ritolia, CMD.
CCL, Ranchi
6. Shri D. Rath, CMD, MECON,
Ranchi.
7. Shri J.L.Mehta Director
(Tech), Retd, NLC.
8. Shri Sanjiv Paul, MD,
JUSCO, Jamshedpur.
9. G.S.N.Munda, MD. TVNL.
10. Shri Himanshu Kachchap,
Retd, ADM, Ranchi
11. Prof. S.M.Wasi, Retd
Prof (Economics)
12. Shri Tarkeshwar Singh,
Deoghar.
13. Federation of Jharkhand
Chamber of Commerce & Industries.
14. Shri Pradeep Kr. Bajla,
President Santhal Pargana CCI, Deoghar.
15. Chief Electric
Distribution Engineer, SE Railways Kolkata.
16. Shri Dhirendra Mishra,
President, All India Chamber of Consumers, JSR.
17. Shri B.K.Singh
President, Jharkhand Small Scale Industries Assn.
18. Society for Rural
Industrialisation
19. Shri G.P.Dalmia,
President, Jharkhand Small & Tiny Industries Assn.
20. Ms Tara Pathak, Shri
Shri Narsingh Memorial Trust
21. Dr.(Col) William Tete,
Simdega
22. Ms Roselin Lakra,
Station Director (Retd) AIR, Ranchi.
23. Shri S.Baijal, GM, Tata
Power, Jojobera.
The first meeting of this SAC (and the
sixth meeting of SAC) was held on 21.9.2006. The Chairman JSERC chaired the
meeting. The recent published |
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The Second SAC was
constituted on 2.8.2006 with the following members:
S/Shri
1. Secretary, Department of
Energy, Govt. of Jharkhand Ex-Officio Member
2. Secretary, Dept of Food,
Public Distribution & Consumers Affairs, Govt. Jharkhand
Ex-Officio Member
3. Chairman Jharakhand
State Electricity Board,
4. Dr.S.K.Mukherjee,
Vice-Chancellor BIT, Mesra.
5. Shri R.P. Ritolia, CMD.
CCL, Ranchi
6. Shri D. Rath, CMD, MECON,
Ranchi.
7. Shri J.L.Mehta Director
(Tech), Retd, NLC.
8. Shri Sanjiv Paul, MD,
JUSCO, Jamshedpur.
9. G.S.N.Munda, MD. TVNL.
10. Shri Himanshu Kachchap,
Retd, ADM, Ranchi
11. Prof. S.M.Wasi, Retd
Prof (Economics)
12. Shri Tarkeshwar Singh,
Deoghar.
13. Federation of Jharkhand
Chamber of Commerce & Industries.
14. Shri Pradeep Kr. Bajla,
President Santhal Pargana CCI, Deoghar.
15. Chief Electric
Distribution Engineer, SE Railways Kolkata.
16. Shri Dhirendra Mishra,
President, All India Chamber of Consumers, JSR.
17. Shri B.K.Singh
President, Jharkhand Small Scale Industries Assn.
18. Society for Rural
Industrialisation
19. Shri G.P.Dalmia,
President, Jharkhand Small & Tiny Industries Assn.
20. Ms Tara Pathak, Shri
Shri Narsingh Memorial Trust
21. Dr.(Col) William Tete,
Simdega
22. Ms Roselin Lakra,
Station Director (Retd) AIR, Ranchi.
23. Shri S.Baijal, GM, Tata
Power, Jojobera.
The first meeting of this SAC (and the
sixth meeting of SAC) was held on 21.9.2006. The Chairman JSERC chaired the
meeting. The recent published
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"National Policy on
Rural Electrification" was introduced.
The Chairman detailed the salient features of the policy. The Franchisee
system to be adopted for the rural area was explained by the Secretary,
Energy. The representatives of Jharkhand Small Scale Industries wanted to
know, if the rural area has been declared as required under Electricity Act
2003. The Secretary, Energy confirms that the same has been done. The
Secretary, Energy inform that the rural area which will be connected with
the grid and which will be covered only by the non-conventional
energy/decentralized distribution system that has not been notified. Keeping
this view of the grid connectivity the delay project report has been
prepared for the Rajiv Gandhi Gramin Vidutikaran Yojna. The representative
from JUSCO commented that the system of working out the commission for the
franchisees appeared very complicated, to which the Secretary, Energy
informed that the system will work on the basis of the energy recorded in
the meter of the distribution transformer. It was also clarified that the
franchisee and the licensee will be covered under the universal service
obligation.
Shri Tarkeshwar Singh pointed out that lot
of Rules and Regulations were made but it is not being implemented on the
ground. He was of the opinion that the work which is being done by DVC and
NTPC for the Rural Electrification are of the old technique. It is not clear
that why the new technique is not been implemented. The Secretary, Energy
informed the Members about the future programme of generation in Jharkhand.
One of the Members wanted to know whether the State can reclaim the Central
allocation which the State had surrendered its part share during its
formation. The Members express the view that during the puja temporary
connection are given; the same should be given with meter. One of the
Members suggested that the entire Government department must pay their
electricity bill in time. The representative of the South Eastern Railway
has raised the issued about its tariff. The Chairman clarified that while
fixing the tariff the interest of the railway was also kept in view but no
points were raised by railway during the tariff determination.
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The second meeting of SAC
was held on 04.01.’07 and it discussed the tariff petition of the Board for
the revision of its tariff. The Members wanted to know the latest position
of the rural electrification in the state. Shri S.Tripathy, the then
Secretary, Department of Energy, Government of Jharkhand, explained the
entire procedure that has been adopted and also gave the details as how the
rural electrification is to proceed. One member objected to the Board’s
filing the tariff petition as per Electricity (Supply) Act 1948 instead of
under Electricity Act 2003 and the Regulations issued under it and suggested
to reject the petition. The Board had submitted the petition without any
certified accounts. It was explained to the members that the provisional
accounts were submitted which have been accepted by the Commission subject
to the accounting figure being checked and verified by the Commission
through Chartered Accountant. Members expressed the views that the reduction
in DVC’s tariff should be taken into account by the Commission. Some members
expressed concerned about the increase in the fixed charges for the HT
consumers. They opined that the charges for the consumption of electricity
should be charged as per the meter. Members objected to provision of
Rs.60.00 crores for creation of Pension Fund. On interest repayment the
members wanted to know the details of the loans. Representative from the
Railways wanted to purchase power from other than JSEB as it was very
costly. Members expressed concern over the non-action by the Board on the
directions given to it by the Commission. When metering issue was raised the
representative of the Board informed the members that all single phase
supply would be metered by March 2007.
Coordination Forum
The Government of Jharkhand
constituted the Coordination Forum as required under Section 166(4) on
Electricity Act 2003. The Chairman of the Commission is the Chairman of the
Coordination Forum. Coordination Committee met twice. As a few members of
the Co-ordination Forum have retired and new members in their place have to
be nominated by State Government. |
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Tariff Setting
(1) Jharkhand State
Electricity Board:
Jharkhand State Electricity
Board filed its ARR and petition for tariff determination for the year
2003-’04 in August 2003. The Commission after completing all the
requirements approved and notified ARR and the tariff effective from
01.01.2004in December 2003. Despite repeated reminders the Board failed to
file ARR and tariff petition there after. The tariff approved for the tear
2003-’04 continued because of Board’s failure to file tariff revision
petition. At specific direction of Ministry of Power, Government of India,
Board filed its tariff revision petition but without the proper accounts on
1.9.2006. After the receipt of the provisional accounts (as submitted to the
Accountant General) the Commission allowed the Board to notify the petition
calling for the objections/comments/ suggestions subject to the accounts
figures being got verified by Charted Accountant by the Commission. There
after the Commission held Public Hearing at Chaibasa, Medininagar (Daltongunj),
Dhanbad, Dumka, Hazaribagh and Ranchi. In all 21 categories of objections
were filed by 59 objectors. About 450 persons attended the hearings.
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After considering the
petition, the documents provided, accounts submitted, Commission’s appointed
auditor’s report, Accountant General’s comments, the view expressed during
the hearings and the discussions held with the Government, the Commission
issued the Tariff Order on 31st of August 2007. The Commission approved
gross AAR of Rs. 1503.68 crores against projected ARR of Rs. 2534.48 crores.
The Commission followed the norms notified and also took into consideration
the balance available with the Board as per the Accounts submitted.
Government of Jharkhand
have decided to unbundled the Board as per the provisions of Electricity Act
2003 and unbundled utilities are likely to in operation shortly. There will
be four companies as under:
Jharkhand Vidyut Vikas
Nigam (Holding Co.)
Jharkhand Vidyut
Utpadan Nigam (Generation Co.)
Jharkhand Vidyut
Sancharan Nigam (Transmission Co.)
Jharjhand Vidyut Vitran
Nigam (Distribution Co.)
Tenughat Viydut Nigam Ltd (TVNL)
TVNL is a Government
of Jharkhand’s undertaking generating electricity. TVNL filed its petition
on 7th September 2005 for setting revised generation tariff for the year
2005-06. The Commission visited the plant along with its consultants and
advisers. No comments/objection was filed by any one. There after the public
hearing was held on 28th of January 2006 and the tariff order was issued on
30.03.2006 effective from 01.01. 2006.
The Commission approved a tariff of Rs.
1.90/unit consisting of Rs. 1.05 / unit as fixed charges and Rs.0.85 /unit
as variable charges. |
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TVNL filed the petition for
the revision of generation tariff on 06.07.2007 for the year 2007-08 and
issued the public notice on 01.09.2007.The Commission noted that TVNL did
not file its petition for the year 2006-07 when it was operating at more
than 73% of plf but file the petition for the year 2007-08 only when one of
its units was shut down. Public hearing was held by the Commission on
03.11.2007. After the scrutiny and analysis the Commission issued the Tariff
Order on 03.01.2008 and fixed the fixed charges at Rs. 1.17/unit and
variable charges at Rs.0.88/unit amounting to Rs.2.05/unit.
M/s TATA Powers in
Jamshedpur is generating and supplying electricity to TISCO (Distribution
Licensee), the Commission has asked M/s TATA Powers to file its petition for
getting the generation tariff determined by the Commission as per Section 62
(1) (a). M/s TATA Powers filed its petition on 16th of May 2007 and have yet
to submit all the clarification and the accounts.
Grant of License
Licensees
The most important entity
in the state is the Jharkhand State Electricity Board. The Board has
been granted permission by Central Government and State Government to
function as State Transmission Utility and a Licensee up to 29.02.2008.
M/s TISCO
was granted permission by then Government of Bihar (1923) to distribute
electricity in Jamshedpur city. M/s TISCO applied for distribution license
for the same area under Electricity Act 2003, Commission granted the license
after following the due process. . M/s TISCO filed its petition for ARR and
tariff revision in June 2005 and revised its petition in September 2005.The
hearing was organised in Jamshedpur on 20th of December ’05 and the tariff
order was issued on 30.03.2006. .
M/s SAIL, Bokaro
who was permitted to distribute electricity in Bokaro city by then
Government of Bihar, applied for the distribution license under the new Act
and the |
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same was granted by
Commission after following the due process. SAIL has filed its petition for
the approval ARR and its distribution tariff for Commission’s approval on
27.02.2007, as the petition was filed without supporting accounts and other
data, the petitioner was asked to provide all the required data as per the
regulation of the Commission and also provide the accounts. SAIL failed to
provide the required details including accounts and details of power
purchase, Commission after granting time proceeded to determine the
distribution tariff suo moto.
M/s DVC
had been fixing the tariff on its own as per the provisions of DVC Act 1948.
The tariff setting by DVC was challenged by the Board to which the
Commission directed DVC to get their generation tariff fixed by CERC and
thereafter its distribution tariff by JSERC for its area in Jharkhand. DVC
had filed its petition for ARR approval and tariff fixation before CERC.
CERC after completing the processes notified the generation tariff and
transmission charges on 3rd October 2006. The order of CERC has been
challenged before Appellate Tribunal and the same is still being heard.
JUSCO :
Jamshedpur Utilities
Service Company (JUSCO):
JUSCO, a subsidiary company
of TISCO had applied for the grant of 2nd license for distribution in the
district of Saraikela-Kharsawan under Section 14 of the Act (Provisio 6).
After following the due process the Commission granted JUSCO the said
license. Thus in that district there would be two distribution licensees and
the consumers will have the choice to select their distribution licensee.
JUSCO have started giving connection from October 2007. For the time being,
as required under the Act the Commission have fixed the ceiling for the
tariff on ad-hoc basis and asked JUSCO to submitted the required details so
that final order can be issued. |
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Activities of the
Commission in brief
Framing of Regulations: 2
Regulations were notified by the Commission.
ARR filed: Five.
Tariff notified: 4
Provisional orders have issued passed in view of
Order of Appellate
Tribunal, 1 final Tariff Order
issued.
Public Hearing
organised: 14
Hearing on petitions:
54
There are five distribution
licensees in Jharkhand including DVC in its command area in Jharkhand. The
distribution tariff determination got delayed as all the licensees are
purchasing power from DVC and DVC’s generation tariff determined by CERC has
been challenged before Appellate Tribunal. Appellate Tribunal has recently
allowed determining the distribution tariff of JSEB, SAIL, Bokaro, TISCO and
JUSCO provisionally.
Important decisions of the
Commission
1. The Commission granted
second license for distribution of electricity to M/s JUSCO in the district
of Saraikela-Kharsawan where the Board is already distributing electricity.
2. The Commission directed
the Board to provide electrical connection to the applicants (cases came
from rural areas) who had deposited with the Board money asked for, for the
new connection in the year 2003, 2004, 2005 and 2006, as per the provisions
on the Act and the regulations made there under. Board has provided
connections to such applicants in 9 villages to 209 applicants.
3. The Commission issued an
interim order while deciding a case of dispute between the generator and the
distribution licensee to pay M/s DVC the cost of power purchase as per the
tariff determined by CERC, which has been challenged by DVC before the
Appellate Tribunal but CERC’s order, has not |
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been stayed. On the
petition filed by DVC against this order the Appellate Tribunal, after
hearing all parties has remanded the case to CERC with its comment, the
decision of the Hon. Appellate Tribunal has been challenged by different
parties in the Supreme Court.
4. The Board had given more
discount as power factor than what as approved in the Tariff Order; it
approached the Commission for the clarification. The Commission informed the
Board that Tariff Order was very clear and if the Board was giving more than
what was approved then no interest or penal charge could be recovered from
the consumers on this account.
Orders/Regulations of the Commission challenged in Court
| Order |
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Grant of open access to
M/s TISCO on JSEB’s transmission line |
JSEB has challenged the
order on the ground that the Commission had no authority to grant the
access as the Board enjoyed the protection under the law since it was
constituted under Electricity Supply Act 1948. |
Pending for hearing. |
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After CERC notified the
generation tariff, DVC filed an appeal against it before the Appellate
Tribunal. Since the order of CERC has not been stayed, the Commission
passed an interim order on the petition of JSEB to pay at the rate fixed
by CERC. |
DVC filed an appeal
against the order of the Commission before the Appellate Tribunal. |
This appeal has been
tagged with the main appeal filed
by DVC against CERC’s orders fixing generation tariff of DVC. But the
Appellate Tribunal allowed the Commission to fix the
distribution tariff of JSEB, JUSCO, TISCO and SAIL/BSP provisionally. |
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M/s CCL and DLF filed
joint petition for fixation of the generation tariff. Commission had
fixed the tariff as per the agreement between both the parties. M/s CCL
had filed a petition before the Appellate Tribunal against the
Commission’s order. |
Hon’ble Tribunal had
held that Commission had no jurisdiction to fix the tariff but the
tariff so determined would be treated as an award of an Arbitrator. M/s
DFL filed an appeal against the order of the Tribunal in the Supreme
Court. |
The Supreme Court has
ordered to get the capital cost fixed by M/s Ernst & Young and
thereafter the tariff to be determined by the Commission. |
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M/s TISCO, a
distribution licensee, filed an appeal against DVC, an electricity
generator, against the demand of DPS, when TISCO was allowed to pay the
arrears on account of fuel surcharge fixed with retrospective effect, in
6 instalments without attracting DPS. Later DVC withdrew the concession
and charged DPS.
Commission held that
payment was allowed without attracting DPS as per DVC’s own orders; it
was not payable till the date the concession was withdrawn. |
DVC filed a petition
before the Appellate Tribunal, which held that the period for which the
arrear bill was raised was old when the Commission was not in position
hence it was
outside its jurisdiction.
TISCO has filed a petition before the Supreme Court against this order.
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Supreme Court’s order is
awaited. |
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Jharkhand Induction
Furnace Association filed a petition against the order of JSEB raising
bills on account of load factor rebate, which was allowed by the Board
though the same was not permissible as per the Tariff Order. Commission
ordered that the load factor was admissible only as per the Tariff order
and loss sustained by the Board was on its account and hence consumers
could not be
penalised by charging interest or DPS on that. |
The Jharkhand Induction
Furnace Association filed an appeal before the Appellate Tribunal
stating that the clarificatory letter issued by the Commission amounted
to amending the Tariff Order without hearing the appellant, the
Commission could not have adjudicated the dispute because it was simple
billing dispute, the clarificatory letter did not mention the category
of HTSS and as such the billing to HTSS consumers was improper and the
bills raised after 1 ½ years were barred by the provisions of limitation
as contained in Section 56(2) of Electricity Act 2003. |
The Appellate Tribunal
after hearing dismissed the appeal filed by the appellant. |
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M/s Bihar Foundry &
Castings Limited and 12 others had filed a petition for setting aside
the order issued by DVC charging increase in fuel cost surcharge. The
Commission held that the Appropriate Commission has not approved fuel
cost surcharge and hence DVC on their own cannot charge the increase in
fuel cost surcharge from the consumers. |
DVC filed an appeal
before Hon. Appellate Tribunal challenging the order of the Commission. |
The appellant
withdrew the appeal. |
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Altogether 14 Members
of Jharkhand Induction Furnace Association filed writ petitions
individually before the Jharkhand High Court challenging the order of
JSEB raising bills on account of load factor rebate, which was allowed
by the Board though the same was not permissible as per the Tariff
Order. |
The Hon’ble High Court
heard the parties and reserved the judgement. |
The Hon’ble
High Court (single bench) dismissed the case.
The case was taken as LAP to Division Bench, the same was also
dismissed. |
|
Tariff Order
(provisional) for the year 2006-07 for the JSEB issued by Commission has
been challenged by the Board before the Hon. Appellate Tribunal on the
grounds that:
(i) One Member had not signed the Tariff Order.
(ii) Truing up for last three
years not approved.
(iii) Interest as asked for not allowed.
(iv) Commission restricted the power purchase cost and did not allow
what DVC billed.
(v) Disallowance of total generation cost of PTPS. |
Hon. Appellate Tribunal
heard the appeal and also heard the Commission’s response. Now that
DVC’s appeal against CERC’s order dated 3.10.2006 has been finalised,
status of the present provisional tariff order will be heard by The
Appellate Tribunal on 28th January 2008. |
|
|
The order issued
detailing the methodology for consumers shifting from existing
distribution licensee to second in the same area was challenged by JSEB
before the Appellate Tribunal. |
Hon.
Appellate Tribunal disposed off the appeal after allowing 30 days before
issue of NOC by the existing distribution licensee ( it was 15 days). |
|
Some other important
decision of the Courts:
In a PIL case Hon. Jharkand High Court has directed (by order dated
09.01.2008) the Commission to call for application for supply of electricity
in the town of Ranchi. In compliance of the said order the Commission has
invited the application for which the last date has been fixed to receive
the response as 29.02.2008. Central Electricity Authority will be assisting
the Commission in this case.
Accounts
(As certified by CA)
The Fund rules which are required to be notified by the State Government is
still to be notified. The Commission prepares its budget and forwards the
same to the Government of Jharkhand. The State Government approves the fund
for the Commission and same is received by the Commission by bank draft. The
Commission has been preparing its accounts as per the proposed fund rules
and getting audited by a Charted Accountant Firm. In absence of the Fund
rules the Accountant General has not audited the annual Accounts. |
The accounts of the Commission for year
2005-’06 and 2006-07 are as under:
|
2005-06 |
|
|
| JHARKHAND
STATE ELECTRICITY REGULATORY COMMISSION |
|
|
| |
|
|
| RECEIPT
& PAYMENT ACCOUNT FOR THE YEAR ENDING 31.03.2006 |
|
|
| |
|
|
|
AMOUNT
(Previous Year) |
RECEIPTS |
AMOUNT
(Current Year) |
AMOUNT
(Previous Year) |
PAYMENT |
AMOUNT
(Current Year) |
| |
TO OPENING
BALANCE : |
2,119,713.00 |
BY SALARIES &
ALLOWANCES |
3,540,487.00 |
|
- |
CASH IN HAND |
- |
859,347.00 |
BY TRAVELLING
EXPENSES (Office) |
855,213.00 |
| 1,178,050.00 |
CASH AT BANK |
1,929,141.24 |
169,280.00 |
BY ADVERTISEMENT
EXPENSES |
179,926.00 |
| |
|
|
160,350.00 |
BY HIRE CHARGES OF CAR |
301,200.00 |
| |
|
|
61,689.00 |
BY LEGAL EXPENSES |
2,850,502.00 |
| |
TO RECEIPT FROM
CONSOLIDATED |
|
50,638.00 |
BY OFFICE EXPENSES |
65,086.00 |
| 9,500,000.00 |
FUND OF JHARKHAND STATE |
11,000,000.00 |
626,366.00 |
BY RENT, RATES & TAXES |
611,748.00 |
| |
|
|
138,143.00 |
BY TELEPHONE EXPENSES |
233,355.00 |
| |
TO OTHER RECEIPTS
FROM |
|
2,400.00 |
BY ADVANCE TO
EMPLOYEE |
75,366.00 |
| |
- |
|
|
(Schedule : 5) |
|
| |
- |
|
2,156,483.00 |
BY CONSULTANCY CHARGES
(Paid to TERI) |
2,873,095.00 |
| - |
JSEB FOR TARIFF
SETTING |
- |
8,338.00 |
BY BOOKS AND PERIODICALS |
48,610.00
|
| - |
TVNL FOR TARIFF SETTING |
600,000.00 |
191,640.00 |
BY OIL AND FUEL |
336,827.00 |
| - |
EARNEST MONEY |
26,000.00 |
28,839.00 |
BY HIRE CHARGES OF
GENERATOR |
|
| 19,788.00 |
SALE OF TARIFF BOOK |
7,841.00 |
993,490.00 |
BY MEETING & CONFERENCE
EXP |
45,182.00 |
| 66,336.04 |
INTEREST ON
DEPOSITS |
113,831.00 |
7,619.00 |
BY POSTAGE & COURIER & EXP |
9,056.00 |
| 2,100.00 |
PETITION FEE |
8,000.00 |
23,507.00 |
BY PRINTING EXPENSES |
30,138.00 |
| 15,535.00 |
INSURANCE CLAIM RECEIVED
|
- |
176,953.00 |
BY REPAIR & MAINTENANCE |
114,796.00 |
| 260,200.00 |
MISC. REVENUE
RECEIPTS |
|
60,296.00 |
BY STATIONARY EXPENSES |
62,341.00 |
| |
(Schedule : 2) |
|
70,722.80 |
BY OTHER ITEMS OF PAYMENT
|
1,591,456.00 |
| - |
FINE FROM JSEB |
100,000.00 |
|
(Schedule : 1) |
|
| - |
TARRIF FEES |
1,900,000.00 |
- |
BY TERM DEPOSIT |
5,000,000.00 |
| |
(Schedule : 3) |
|
|
- |
|
| - |
LICENCE FEES |
3,200,000.00 |
|
PURCHASE OF : |
|
| |
(Schedule : 4) |
|
723,189.00 |
COMPUTERS |
- |
| - |
ANNUAL LICENCE FEES |
300,000.00 |
201,301.00 |
FURNITURES &
FIXTURES |
23,623.00 |
| |
|
|
282,564.00 |
OFFICE
EQUIPMENTS |
246,798.00 |
| |
|
|
- |
VEHICLE |
- |
| |
|
|
|
|
|
| |
|
|
|
BY CLOSING BALANCE |
|
| |
|
|
|
CASH IN HAND |
|
| |
|
|
|
CASH AT BANK |
|
| |
|
|
419,485.20 |
ALLAHABAD BANK (A/C NO.
1625) |
624,776.20 |
| |
|
|
1,509,656.04 |
SBI (AGO COMPLEX A/C
NO.1199) |
526,713.04 |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
|
11,042,009.04 |
|
20,246,474.24 |
11,042,009.04
|
- |
20,246,474.24 |
| - |
AS PER OUR SEPARATE REPORT
ON EVEN DATE |
| |
|
PLACE : RANCHI
R.RANJAN & CO. |
|
DATE :15.07.2006
COST
ACCOUNTANTS |
| |
| Sd/- |
| |
|
RAKESH RANJAN |
| |
| |
|
|
(PARTNER) |
|
|
| |
| |
|
|
|
|
|
| |
|
|
|
|
|
| AMOUNT
|
EXPENDITURE |
AMOUNT |
AMOUNT |
INCOME |
AMOUNT |
| (PREVIOUS YEAR) |
|
(CURRENT YEAR) |
(PREVIOUS YEAR) |
|
(CURRENT YEAR) |
|
2,375,431.00 |
TO SALARIES & ALLOWANCES |
3,590,511.00 |
9,500,000.00 |
BY RECEIPT FROM
CONSOLIDATED |
|
| 859,347.00
|
TO TRAVELING
EXPENSES (Office) |
855,213.00 |
|
FUND OF JHARKHAND |
11,000,000.00 |
| 169,280.00
|
TO
ADVERTISEMENT EXPENSES |
179,926.00 |
|
|
|
| 184,650.00 |
TO HIRE
CHARGES OF CAR |
302,100.00 |
|
|
|
| 61,689.00 |
TO LEGAL
EXPENSES |
2,855,502.00 |
|
|
|
| 50,638.00 |
TO OFFICE
EXPENSES |
65,086.00 |
|
BY
OTHER
RECEIPTS |
|
| 672,345.00 |
TO RENT,
RATES & TAXES |
616,748.00 |
|
JSEB FOR
TARIFF SETTING |
|
| 144,948.00 |
TO TELEPHONE
EXPENSES |
262,331.00 |
|
TVNL FOR
TARIFF SETTING |
600,000.00
|
|
2,156,483.00 |
TO
CONSULTANCY CHARGES (Paid to TERI) |
2,873,095.00 |
|
TARIFF FEES |
26,000.00 |
| 8,338.00 |
TO BOOKS &
PERIODICALS |
48,610.00 |
19,788.00 |
SALE OF
TARIFF BOOK |
7,841.00 |
| 209,966.00 |
TO OIL &
FUEL |
339,270.00 |
66,336.04 |
INTEREST ON
DEPOSITS |
113,831.00 |
| 28,839.00
|
TO HIRE
CHARGES OF GENERATOR |
- |
2,100.00 |
PETITION FEE |
8,000.00
|
| 993,490.00 |
TO MEETING &
CONFERENCE EXP. |
45,182.00 |
15,535.00 |
RECEIPT FROM
INSURANCE CLAIM |
|
| 7,619.00
|
TO POSTAGE &
COURIER & EXP. |
9,056.00 |
260,200.00 |
MISC.
REVENUE RECEIPTS |
1,061,661.00 |
|
23,507.00 |
TO PRINTING
EXPENSES |
30,318.00 |
|
(Schedule :
2) |
|
|
176,953.00 |
TO REPAIR &
MAINTENANCE |
114,796.00
|
- |
FINE FROM
JSEB |
100,000.00
|
|
60,296.00 |
TO
STATIONERY
EXPENSES |
62,341.00 |
- |
TARRIF FEES |
1,900,000.00 |
|
78,436.80 |
TO OTHER
ITEMS
OF EXPENDITURE |
1,599,084.00 |
|
(Schedule :
3) |
|
| |
(Schedule :
1) |
|
- |
LICENCE FEES |
3,200,000.00 |
| |
|
|
|
(Schedule :
4) |
|
| 923,848.37
|
TO
DEPRECIATION |
655,874.77 |
- |
ANNUAL
LICENCE FEES |
300,000.00 |
| |
|
|
|
|
|
| |
|
|
|
|
|
| 677,854.87 |
TO EXCESS OF
INCOME OVER |
3,812,289.23 |
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
|
9,863,959.04 |
- |
18,317,333.00 |
9,863,959.04 |
|
18,317,333.00
|
| |
|
|
|
|
|
| |
|
|
AS PER OUR SEPARATE REPORT ON EVEN DATE |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
|
PLACE: RANCHI |
|
|
R.RANJAN &
CO. |
|
|
DATE : 15.07.2006 |
|
|
COST ACCOUNTANTS |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
Sd/- |
|
| |
|
|
|
|
|
| |
|
|
|
RAKESH
RANJAN |
|
| |
|
|
|
|
|
| |
|
|
|
(PARTNER) |
|
|
| |
2005-06 |
|
|
|
|
| |
|
|
|
|
|
|
JHARKHAND STATE ELECTRICITY REGULATORY COMMISSION |
|
|
| |
|
|
|
|
|
|
BALANCE SHEET AS ON 31.03.2006 |
|
|
|
| |
|
|
|
|
|
| AMOUNT |
LIABILITIES |
AMOUNT |
AMOUNT |
ASSETS |
AMOUNT |
| (Previous
Year) |
|
(Current
Year) |
(Previous
Year) |
|
(Current
Year) |
| |
|
|
|
|
|
| |
CAPITAL RECEIPTS |
|
|
FIXED
ASSETS |
|
| |
|
|
|
|
|
|
- |
OPENING
BALANCE |
4,548,848.52
|
2,976,149.28 |
(As per
schedule 6) |
2,590,695.51 |
| |
ADD: EXCESS
OF INCOME |
3,812,289.23 |
|
|
|
|
4,548,848.52 |
OVER
EXPENDITURE |
|
|
INVESTMENTS |
|
| |
|
|
|
|
|
| 4,548,848.52 |
|
8,361,137.75 |
- |
FIXED
DEPOSIT |
5,000,000.00 |
| |
|
|
|
|
|
| |
|
|
|
- |
|
| |
|
|
|
CURRENT ASSETS |
|
| |
|
|
|
|
|
| |
|
|
|
CASH IN HAND |
- |
| |
|
|
|
|
|
| |
CURRENT LIABILITIES & PROVISIONS |
|
|
CASH AT
BANK |
|
|
- |
|
|
419,485.20
A/C NO.1625 |
ALLAHABAD
BANK |
624,776.20
|
| |
PROVISIONS |
|
1,509,656.04 |
S.B.I. A/C
NO. 1199 |
526,713.04 |
| 7,714.00 |
AUDIT FEES |
7,857.00 |
|
|
|
| |
|
|
|
|
|
| 24,300.00 |
HIRE CHARGES
|
25,200.00 |
|
LOANS
& ADVANCES |
|
| |
|
|
|
|
|
| 18,326.00 |
OIL & FUEL |
20,769.00 |
|
- |
|
| 45,979.00 |
RENT,RATES & TAXES |
50,979.00 |
2,400.00 |
ADVANCE TO STAFF |
75,366.00 |
| 255,718.00 |
SALARY & ALLOWANCE |
303,342.00 |
|
(Schedule : 5) |
|
| 6,805.00 |
TELEPHONE EXP. |
35,781.00 |
|
|
|
|
- |
LEGAL EXPENSES |
5,000.00 |
|
|
|
| |
ELECTRICITY EXPENSES |
7,485.00 |
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| 4,907,690.52 |
|
8,817,550.75 |
4,907,690.52 |
|
8,817,550.75 |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
AS
PER OUR SEPARATE REPORT ON EVEN DATE |
| |
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| PLACE: RANCHI |
|
|
R.RANJAN & CO. |
|
| |
|
|
|
|
|
| DATE : 15.07.2006 |
|
|
COST ACCOUNTANTS |
|
| |
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
Sd/- |
|
| |
|
|
|
|
|
| |
|
|
RAKESH RANJAN |
|
| |
|
|
|
|
|
| |
|
|
(PARTNER) |
|
|
| |
2005-06 |
|
|
|
|
| |
|
|
|
|
|
|
JHARKHAND STATE ELECTRICITY REGULATORY COMMISSION |
|
|
| |
|
|
|
|
|
|
RECEIPT & PAYMENT
ACCOUNT FOR THE YEAR
ENDED 31.03.2007 |
|
|
|
| |
|
|
|
|
|
| AMOUNT |
LIABILITIES |
AMOUNT |
AMOUNT |
ASSETS |
AMOUNT |
| (Previous
Year) |
|
(Current
Year) |
(Previous
Year) |
|
(Current
Year) |
|
- |
- |
- |
- |
- |
- |
| |
|
|
|
|
|
| |
TO OPENING BALANCE |
|
3540487.00 |
BY SALARIES & ALLOWANCES |
4428253.00 |
|
NIL |
CASH IN HAND |
|
855213.00 |
BY TRAVELING EXP. (office) |
2015202.00 |
| 1929141.24 |
CASH AT BANK |
1151489.24 |
179926.00 |
BY ADVERTISEMENT
EXP. |
862406.00 |
| |
‘TERM DEPOSIT |
5000000.00 |
301200.00 |
BY HIRE CHARGES OF CAR |
387647.00 |
| |
|
|
2850502.00 |
BY LEGAL EXPENSES |
1032402.00 |
| |
TO RECEIVED FROM
CONSOLIDATED |
|
65086.00 |
BY OFFICE EXPENSES |
67476.00 |
| 11000000.00 |
FUND OF JHARKHAND STATE |
12000000.00 |
611748.00 |
BY RENT , RATES & TAXES |
760323.00 |
| |
TO OTHER RECEIPT FROM :— |
|
233355.00 |
BY TELEPHONE EXPENSES |
331685.00 |
| 0.00 |
JSEB FOR TARIFF SETTING |
|
75366.00 |
BY ADVANCE TO EMPLOYEES |
107441.00 |
| 600000.00 |
T.V.N.LTD. FOR TARIFF
SETTING |
|
2873095.00 |
BY CONSULTANCY EXP (Paid
toTERI) |
1669840.00 |
| 26000.00 |
EARNEST MONEY |
|
48610.00 |
BY BOOKS & PERIODICALS |
31702.00 |
| 7841.00 |
SALE OF TARIFF BOOK |
|
336827.00 |
BY FUEL & OIL |
360565.00 |
| 113831.00 |
INTEREST ON BANK
DEPOSIT |
317809.00 |
0.00 |
BY HIRE CHARGES OF GENERATOR |
13500.00 |
| 8000.00 |
PETITION FEES |
932000.00 |
45182.00 |
BY MEETING & CONFERENCE |
339162.00 |
| 0.00 |
INSURANCE CLAIM RECEIVED |
|
9056.00 |
BY POSTAGE & COURIER EXP. |
12250.00 |
| 6561661.00 |
MISC. REVENUE RECEIPT |
2629095.00 |
|
|
|
| |
‘(AS PER SCHEDULE -4) |
|
|
|
|
| |
|
|
|
|
|
| |
CASH AT BANK :— |
|
|
|
|
| 0.00 |
S. B. I. A/C NO. 1199 |
6336.96 |
|
( As per
schedule - 3 ) |
|
| |
|
|
|
BY
PURCHASE OF :— |
|
| |
|
|
0.00 |
COMPUTERS |
138212.00 |
| |
|
|
23623.00 |
FIXTURE &
FURNITURE |
159592.00 |
| |
|
|
246798.00 |
OFFICE
EQUIPMENT |
350141.00 |
| |
|
|
0.00 |
VECHILE |
0.00 |
| |
|
|
|
FLEXI
FIXED
DEPOSIT |
1000000.00 |
| |
|
|
|
BY
CLOSING BALANCE :- |
|
| |
|
|
0.00 |
CASH IN HAND
|
|
| |
|
|
624776.20 |
ALLAHABAD
BANK A/C NO 1625 |
617815.20 |
| |
|
|
526713.04
|
S. B. I. A/C
NO. 1199 |
0.00 |
| |
|
|
5000000.00 |
TERM DEPOSIT |
5000000.00 |
|
- |
|
- |
- |
|
|
| |
|
|
|
|
|
|
20246474.24 |
|
22036730.20 |
20246474.24 |
|
22036730.20 |
| |
|
|
|
|
|
| = |
|
= |
= |
|
= |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
| |
|
AS PER OUR SEPARATE REPORT ON EVEN DATE |
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
R. RANJAN & CO. |
| |
|
|
|
COST
ACCOUNTANTS |
|
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
PLACE :-
RANCHI |
|
|
RAKESH
RANJAN |
 |
| |
DATE :—
31.07.2007 |
|
|
( Partner ) |
|
|
JHARKHAND STATE
ELECTRICITY REGULATORY COMMISSION
SAINIK MARKET , MAIN RD. , RANCHI |
| |
|
|
|
|
|
| |
INCOME &
EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31.03.2007 |
|
- |
- |
- |
- |
- |
- |
|
AMOUNT |
EXPENDITURE |
AMOUNT |
AMOUNT |
INCOME |
AMOUNT |
| (Previous
Year) |
|
(current
Year) |
(Previous
Year) |
|
(current
Year) |
|
- |
- |
- |
- |
- |
- |
| 3608137.00 |
TO SALARIES
& ALLOWANCES |
4574998.00 |
|
BY RECEIVED
FROM CONSOLIDATED |
|
| 855213.00 |
TO TRAVELING
EXP. (office) |
2021477.00 |
11000000.00 |
FUND OF
JHARKHAND STATE |
12000000.00 |
| 179926.00 |
TO
ADVERTISEMENT EXP. |
862406.00 |
|
|
|
| 302100.00 |
TO HIRE
CHARGES OF CAR |
396647.00 |
|
BY OTHER
RECEIPT FROM :— |
|
| 2855502.00 |
TO LEGAL
EXPENSES |
1074382.00 |
0.00 |
JSEB FOR
TARIFF SETTING |
|
| 65086.00 |
TO OFFICE
EXPENSES |
67476.00 |
600000.00 |
T.V.N.LTD.
FOR TARIFF SETTING |
|
| 616748.00 |
TO RENT ,
RATES & TAXES |
789998.00 |
26000.00 |
EARNEST
MONEY |
|
| 262331.00 |
TO TELEPHONE |
330226.00 |
7841.00 |
SALE OF
TARIFF BOOK |
|
| 2873095.00 |
TO
CONSULTANCY EXP (Paid toTERI) |
1669840.00 |
113831.00 |
INTEREST ON
DEPOSIT |
317809.00
|
| 48610.00 |
TO BOOKS &
PERIODICALS |
31702.00 |
8000.00 |
PETITION
FEES |
932000.00
|
| 339270.00 |
TO FUEL &
OIL |
377910.00 |
0.00 |
INSURANCE
CLAIM RECEIVED |
|
| 0.00 |
TO HIRE
CHARGES OF GENERATOR |
13500.00 |
6561661.00 |
MISC.
REVENUE RECEIPT |
2629095.00
|
| 45182.00 |
TO MEETING &
CONFERENCE |
339162.00 |
|
(
Reimbursement Of exp. ) |
|
| 9056.00 |
TO POSTAGE &
COURIER EXP. |
12250.00 |
|
|
|
| 30318.00 |
TO PRINTING
EXPENSES |
36682.00 |
|
|
|
| 114796.00 |
TO REPAIR &
MAINTENANCE |
281206.00 |
|
|
|
| 62341.00 |
TO
STATIONARY EXPENSES |
88840.00 |
|
|
|
| 1599084.00 |
TO OTHER
ITEM OF PAYMENT |
1968365.00 |
|
|
|
| 655874.77 |
TO
DEPRECIATION TO EXCESS OF INCOME |
526623.44 |
|
|
|
| 3794663.23 |
OVER
EXPENDITURE |
415213.56 |
|
|
|
| |
|
|
|
|
|
| - |
|
- |
- |
|
- |
|
18317333.00 |
|
15878904.00 |
18317333.00 |
|
15878904.00 |
| = |
|
= |
= |
|
= |
| |
|
|
|
|
|
| |
|
|
AS PER OUR SEPARATE REPORT ON EVEN DATE |
| |
|
|
|
|
|
| |
|
|
|
|
|
| |
|
|
|
R. RANJAN & CO. |
| |
|
|
|
COST
ACCOUNTANTS |
|
| |
|
|
|
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| |
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| |
PLACE :-
RANCHI |
|
|
RAKESH
RANJAN |
|
| |
DATE :—
31.07.2007 |
|
|
( Partner ) |
| |
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JHARKHAND STATE
ELECTRICITY REGULATORY COMMISSION
SAINIK MARKET , MAIN RD. , RANCHI |
| |
|
|
|
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|
| |
BALANCE SHEET AS ON 31.03.2007 |
|
AMOUNT |
LIABILITIES
|
AMOUNT |
AMOUNT |
ASSETS |
AMOUNT |
| (Previous
Year) |
|
(current
Year) |
(Previous
Year) |
|
(current
Year) |
| - |
- |
- |
- |
- |
- |
| |
GENERAL FUND :— |
|
|
FIXED
ASSETS :— |
|
| 4548848.52 |
OPENING
BALANCE |
8361137.75 |
2590695.51 |
( As per
schedule - 1 ) |
|
| |
ADD EXCESS
OF INCOME |
|
|
|
|
| 3812289.23 |
OVER
EXPENDITURE |
415213.56 |
|
INVESTMENT |
|
| 8361137.75 |
- |
8776351.31 |
5000000.00 |
FIXED
DEPOSIT |
5000000.00 |
| |
|
|
|
FLEXI FIXED DEPOSIT |
1000000.00 |
| |
|
|
|
CURRENT
ASSETS , LOAN & ADV. :— |
| |
CURRENT LIABILITIES &
PROVISION :— |
|
|
CURRENT ASSETS |
|
| 7857.00 |
AUDIT FEES |
7865.00 |
0.00 |
CASH IN HAND |
|
| 25200.00 |
HIRE CHARGES
OF CAR |
34200.00 |
|
CASH AT
BANK :— |
|
| 20769.00 |
OIL & FUEL |
38114.00 |
624776.20 |
ALLAHABAD
BANK A/C NO 1625 |
617815.20 |
| 50979.00 |
RENT , RATES
& TAXES |
80654.00 |
526713.04 |
|
|
| 303342.00 |
SALARIES &
ALLOWANCES |
444587.00 |
|
|
|
| 35781.00 |
TELEPHONE
EXPENSES |
34322.00 |
|
LOAN &
ADVANCE |
|
| 5000.00 |
LEGAL
EXPENSES |
5000.00 |
75366.00 |
ADVANCE TO
STAFF |
107441.00 |
| 7485.00 |
ELECTRICITY
CHARGES |
9843.00 |
|
( As per
schedule - 2 ) |
|
| |
S. B. I. A/C
NO. 1199(O/D) |
6336.96 |
|
|
|
|
- |
|
- |
- |
|
- |
|
8817550.75 |
|
9437273.27 |
8817550.75 |
|
9437273.27 |
| = |
|
= |
= |
|
= |
| |
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|
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R. RANJAN & CO. |
| |
|
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|
COST
ACCOUNTANTS |
|
| |
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PLACE :-
RANCHI |
|
|
RAKESH
RANJAN |
|
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DATE
:—31.07.2007 |
|
|
( Partner ) |
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FORUM ON REGULATORS
(FOR)
Government of India notified the formation of Forum of Regulators (FOR)
under the provision .of Electricity Act 2003. The Chairman of Central
Electricity Regulatory Commission is the Chairman of FOR. FOR’s first
meeting was held in Delhi on 28th of April 2005. During the meeting, Dy.
Chairman, Planning Commission interacted with the Members of FOR. There
after FOR meeting is being held regularly in which National Policy, cost of
grid power issues of common interest were discussed. In the second meeting
of FOR the Secretary, Ministry of Power stressed on implementing Open Access
as provided in the Act and bring in captive capacity available to grid.
Members brought to the notice that the rules framed and notified by the MOP
on constitution of Grievance Redressal Forum were contrary to the provisions
of the Act and the machinery would become ineffective.
Forum of Indian Regulators (FOIR)
The 6th annual general body meeting of the Forum of Indian Regulators (FOIR)
was held in Delhi on 8th of June 2005. During the meeting the delegates from
United State Energy Association (USEA), Pennsylvania Public Utility
Commission and USAID were also invited, they also gave some presentation
they spoke about the partnership program with the regulators in India. The
Chairman of the Pennsylvania Public Utility Commission shared the experience
with the Regulators of India. He made a brief presentation on consumer’s
choice in Open Access and distribution in the State of Pennsylvania, USA.
Shri Gajender Haldea while making a presentation on the issue on cost of
traded power urged the Regulators to exercise the powers under the
Electricity Act effectively to restrict the rising cost of traded power.
The 18th general body meeting of FOIR was held on 1st and 2nd of December
2005 in Bubneshwar, Orissa. Measures to be taken by all the SERC’s towards
educating |
|
the consumers were
discussed and it was decided to launch a sustained campaign to educate the
consumers about their rights and the following methods were proposed to be
adopted:-
i) Involvement of NGO’s
in the campaign.
ii) Advertisement and
publicity through news papers.
iii) Printing of
important matters and distribution of pamphlet.
iv) Talk session in
television and radio.
v) Seminar and workshop
vi) Banners and
hoardings.
vii) Website.
viii) Call centre
ix) Involvement of
professional from advertising agency like institution of mass
communication etc.
The opinion of the Attorney
General in the credit power was discussed and it was decided that all the
Regulatory Commission would submit there own view points before the
Appellate Tribunal. The formulation of the Open Access regulation was also
discussed it was clarified by many of the SERC’s that the Open Access
regulation were already notified.
The
7th Annual General Body meeting was
held in Delhi on 15th of June 2006. In this meeting Consumer Advocacy was
discussed and a sub-committee was formed to study and to make
recommendation. Elections of Governing Body members were approved. The
Chairman, JSERC was approved to be a Member of the Governing Body w.e.f.
07.07.2006, there after as Hon. Vice Chairman w.e.f. 24.03.2007 and as Hon.
Senior Vice Chairman w.e.f. 02.05.2007. Intra-State ABT was discussed and
decided that all SERCs will come out with their consultation paper. Draft
report on Models of Rural Electrification was also discussed for which M/s
Ernst & Young made presentation. A Task Force already constituted was,
required to go into the report and make recommendation. Shri P.C.Verma,
Member (Tech) JSERC was a member of the said Task Force. |
|
The 19th General Body was
held at Surajkund, Faidabad on 12-14th of January, 2007. The report and the
recommendations of the Task Force on Models of Rural Electrification and
Sub-Committee on Consumer Advocacy were discussed. Status of metering,
implementation of intra-state ABT, separation of Transmission and Trading as
required under the Act was discussed. Report of Abraham Committee was also
discussed.
20th General Body meeting of FOIR was held at Ramnagar, Uttrakhand on 9th
and 10th of April.. The recommendation of the Group accepting the report of
the consultant and decided that SERCs could advice the State Government
based on models suggested. Regarding the consumers’ advocacy it was decided
that each SERC should study the subject on its own. It was further resolved
that studies on estimation of loss in distribution and estimation of
agriculture consumption should not be perused through FOIR. Members also
raised the difficulties faced by the consumers due its being located in
Delhi.
The eighth Annual General Body meeting was held in Delhi on 7th of June 2007
The 21th general body meeting of FOIR was held on 4-5th
October 2007 at Ahmedabad. |
|
Training/ Participation in
Workshop/conferences/meetings
The Chairman, Members
and other officers of the Commission had been attending Seminars/
workshops/conferences/ Training programs organized by Forum of India
Regulators, Confederation of India Industries, Independent Power Producers
Association of India, The Energy and Resources Institute, National Thermal
Power Corp., Power Grid Corp. of India Ltd, South Asia Forum for
Infrastructure Regulation etc.
Smt. S.Sinha Member (Legal)
attended the Core program organized by SAFIR at Agra. Smt. Sinha and Shri
P.C,Verma, both members of the Commission visited Sril Lanka to study the
small/mini hydel system there.
Shri S.K.F.Kujur the
Chairman Shri Kujur attended the 12th Steering Committee meeting of South
Asia Forum of Infrastructure Regulation (SAFIR) held in Lahore, the 13th
Steering Committee of SAFIR held at Paroo (Bhutan) and 14th meeting held at
New Delhi. Shri Kujur attended the World Forum of Energy Regulators held in
Washington DC in October 2006. Shri Kujur attended the PURC/World Bank’s
program on Utility Regulation and Strategy organized by University of
Florida in June 2007. On being invited as a member of Indian Delegation to
the World Energy Congress held at Rome in November 2007, Shri Kujur attended
the same.
The Commission assisted in
organizing International workshop and conference on "Conservation of
Energy", "Energy Efficiency and Conservation".
Future plans of the Commission
1. The Commission will
render advice the State Government in implementing
the decision taken
and notified by the Government of India after the conference of State
Energy Ministers and the Chief Ministers.
2. The Commission will
advice the State Government in restructuring the power sector in the
State and also assist in monitoring its progress.
3. The Commission has
indicated earlier in this report will assist in getting the new
connection to the applicants if that is being delayed by the licensees.
4. The Commission proposes to implement the Multi Year Tariff from the
next tariff settings the problem face so far by the Commission has been
non- submission of certified accounts by the licensees and the non
availability of the reliable data.
5. The Commission will continue to create awareness among the
people/consumers
regarding their rights and duties.
6. The Commission will ensure that provisions of the Standard of
Performance Regulation are implemented and if the distribution licensees
fail to implement they will penalized.
7. The Commission will organize the 22nd FOIR meeting at Ranchi on 29
February- 1 March 2008.
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