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Pakistan SC's judgment against the PM

Pakistan SC's judgment against the PM

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Published by Bar & Bench
The judgment related to allegations of corruption against Pakistan PM when he was a Minister
The judgment related to allegations of corruption against Pakistan PM when he was a Minister

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Categories:Types, Business/Law
Published by: Bar & Bench on Jan 18, 2013
Copyright:Attribution Non-commercial

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01/18/2013

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it has been noted hereinabove, fuel cost charge of Rs.2.7194 per kWh

delivered at Inter connection Bas bar in respect of Sharaqpur as well

as Bhikki was determined. As per above calculation, the Government

HRC 7734-G/09
[RPPs case]

35

had already paid approximately US $ 2.161 million (Rs.18.63 billion)

to these two RPPs as capacity and fuel charges. Thus, NPGCL (GENCO-

III) suffered huge losses in the years 2007, 2008 and 2009, with

regard to the RPPs in Block-I and Block-II, details whereof are given

hereinbelow: -

Annex-3

NORTHERN POWER GENERATION COMPANY LIMITED (GENCO-III)
Financial Impact on Account of CCP Tariff Determined Vs CPP Tariff
Demanded

CALCULATION OF CAPACITY
CHARGE

2007

2008

2009

Dependable Capacity (MW)

261.46

261.46

261.46

Capacity Purchase Price

Escalable Component:

Fixed O&M Cost:

____Mln. Rs.____

Rent for Rented Block-I

2,272.40

2,272.40

2,272.40

Rent for Rented Block-II

2,060.31

2,060.31

2,060.31

Guaranteed Heat Rate Bonus

261.54

261.54

261.54

Gas Pipelines Installations

83.12

-

-

General Establishment Cost

3.50

3.68

3.86

Administrative Cost

100.00

100.00

100.00

M&I/Overhauls

-

-

-

MEPRA Fees

8.50

2.30

2.30

Insurance

-

-

-

Depreciation (for ROA)

-

-

-

Duties etc.

442.00

-

-

Total Fixed O&M Cost

5,231.3670 4,700.2240 4,700.4078

CPP-FOM charge (Rs./kW/Month)

1,667.3318 1,498.0469 1,498.1055

CPP Determined By NEPRA
(Rs./kW/Month)

1,283.4851 1,283.4851 1,283.4851

CPP Tariff Difference
(Rs./kW/Month)

383.8467

214.5618

214.6204

Projected Loss per Month due to
less CPP Tariff Determined (Mln
Rs)

100.3621

56.1002

56.1155

Projected Loss per Year due to
less CPP Tariff Determined (Mln
Rs)

1,204.3452

673.2022

673.3860

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