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Tariff Model - Petition No.

Approval under Regulation 86 of CERC (Conduct of Business) Regulations 1999, and Regulation-6 of
Tariff) Regulations2009 and CERC (Terms and Conditions of Tariff) Regulations 2014 for determination o
for 2009-14 tariff block (ii) Transmission tariff for 2014-19 tariff block for determination of transmission fr
400/220 KV,315 MVA,ICT-II along with associated Bays at Hamirpur S/S in Northern Region.

22-Nov-15
99/TT/2014

, and Regulation-6 of CERC (Terms and Conditions of


14 for determination of (i) Truing up Transmission tariff
tion of transmission from 01.04.2014 to 31.03.2019 for
n Region.
12.00
Date of Commercial Operation 1-Apr-14

Admitted Capital Cost FY 09/DOCO FY 10


Land - Freehold - -
Land - Leasehold - -
Building Civil Works & Colony - -
Transmission Line - -
Sub Station 2,446.93 -
PLCC 46.52 -
Total 2493.45 -

Accumulated Depreciation -
Depreciable Value 90%
Rate of Depreciation 5.28%

Rate of Dep. FY 09/DOCO FY 10


Land - Freehold - -
Land - Leasehold 3.34 -
Building Civil Works & Colony 3.34 -
Transmission Line 5.28 -
Sub Station 5.28 129.20
PLCC 6.33 2.94
Total 5.30 5.30%

Equity : Debt
Equity 748.04 -
Loan 1,745.42 -
Cumulative Repayments of Normative Loans upto
Previous Year 93.03

Norms FY 09/DOCO FY 10
Return on Equity (Base Rate) (%) 15.50%
MAT Rate for respective year (%) 17.00%
Rate of Return on Equity (%) 18.67%
Weighted Average Rate of Interest on Loan (%) 0.0000%

Working Capital Norms FY 09/DOCO FY 10


O & M Expenses 8.33%
Maintenance Spares 15%
Receivables 2.00
Rate of Interest (%) 11.00%

O&M norms as per CERC Tariff Regulations FY 09/DOCO FY 10

(Rs Lakhs per Bay)


765KV 73.36
400KV 52.4
220KV 36.68
132KV & below 26.2
400KV GIS

Line(Rs Lakhs per KM)


S/C (Bundle Conductor- 6 or more sub-c)
S/C (Bundle Conductor- 4 sub-c) 0.537
S/C (Twin/Triple Conductor) 0.358
S/C (Single Conductor) 0.179
D/C Bundled( 4 or more sun c) 0.94
D/C Twin/Triple Conductor 0.63
D/C Single Conductor 0.269
Multi Ckt Bundled with 4 or mere
Multi Ckt Twin/Triple

HVDC S/s
HVDC Back to back( Rs Lakh/500MW) 443
Rihand- Dadri HVDC Bipole ( Rs in Lakhs) 1450
Talcher Kohler HVDC Bipole( Rs Lakhs) 1699
Balia-Bhivandi HVDC Bipole( Rs Lakhs)
Total Life of the Asset
Elapsed life of the asset (at beginning of the Year)

Additional Capital Expenditure


Actual Projected
FY 11 FY 12 FY 13 FY 14 FY 15 FY 16
- - - - - -
- - - - - -
- - - - - -
- - - - - -
- - - - 132.70 88.47
- - - - - -
- - - - 132.70 88.47

90% 90% 90% 90% 90% 90%


5.28% 5.28% 5.28% 5.28% 5.28% 5.28%

FY 11 FY 12 FY 13 FY 14 FY 15 FY 16
- - - - - -
- - - - - -
- - - - - -
- - - - - -
129.20 129.20 129.20 129.20 132.70 138.54
2.94 2.94 2.94 2.94 2.94 2.94
5.30% 5.30% 5.30% 5.30% 5.30% 5.30%

- - - - 39.81 26.54
- - - - 92.89 61.93

FY 11 FY 12 FY 13 FY 14 FY 15 FY 16
15.50% 15.50% 15.50% 15.50% 15.50% 15.50%
19.93% 20.01% 20.01% 20.96% 20.96% 20.96%
19.36% 19.38% 19.38% 19.61% 19.61% 19.61%
0.0000% 0.0000% 0.0000% 0.0000% 9.5622% 9.5661%

FY 11 FY 12 FY 13 FY 14 FY 15 FY 16
8.33% 8.33% 8.33% 8.33% 8.33% 8.33%
15% 15% 15% 15% 15% 15%
2.00 2.00 2.00 2.00 2.00 2.00
11.00% 11.00% 11.00% 11.00% 13.50% 13.50%

FY 11 FY 12 FY 13 FY 14 FY 15 FY 16
77.56 81.99 86.68 91.64 84.42 87.22
55.4 58.57 61.92 65.46 60.3 62.3
38.78 41 43.34 45.82 42.21 43.61
27.7 29.28 30.96 32.73 30.15 31.15
51.54 53.25

0.707 0.731
0.568 0.6 0.635 0.671 0.606 0.627
0.378 0.4 0.423 0.447 0.404 0.418
0.189 0.2 0.212 0.224 0.202 0.209
0.994 1.051 1.111 1.174 1.062 1.097
0.66 0.70 0.74 0.78 0.707 0.731
0.284 0.301 0.318 0.336 0.303 0.313
1.863 1.925
1.24 1.282

468 495 523 553 578 627


1533 1621 1713 1811 1511 1637
1796 1899 2008 2122 1173 1271
1537 1666
24
1 1-Apr-09 Avg. Life of Asset

Land - Freehold
Land - Leasehold
FY 17 FY 18 FY 19 Building Civil Works & Colony
- - - Transmission Line
- - - Sub Station
- - - PLCC
- - -
- - -
- - -
- - -

90% 90% 90%


5.28% 5.28% 5.28%

FY 17 FY 18 FY 19
- - -
- - -
- - -
- - -
140.88 140.88 140.88
2.94 2.94 2.94
5.30% 5.30% 5.30%

- -

FY 17 FY 18 FY 19
15.50% 15.50% 15.50%
20.96% 20.96% 20.96%
19.61% 19.61% 19.61%
9.5672% 9.5642% 9.5631%

FY 17 FY 18 FY 19
8.33% 8.33% 8.33%
15% 15% 15%
2.00 2.00 2.00
13.50% 13.50% 13.50%

FY 17 FY 18 FY 19
90.12 93.11 96.2
64.37 66.51 68.71
45.06 46.55 48.1
32.18 33.25 34.36
55.02 56.84 58.73

0.755 0.78 0.806


0.647 0.669 0.691
0.432 0.446 0.461
0.216 0.223 0.23
1.133 1.171 1.21
0.755 0.78 0.806
0.324 0.334 0.346
1.989 2.055 2.123
1.324 1.368 1.413

679 736 797


1774 1922 2082
1378 1493 1617
1805 1955 2119
25 - -
35 - -
25 2,446.93 61,173.25
25 46.52 1,163.00
2,493.45 62,336.25

Avg. Life of Asset 25


Calculation of Return on E
Revised
Particulars 2008-09 2009-10 2010-11 2011-12
Opening Equity - 0.00 0.00 0.00
Additions - - - -
Closing Equity - 0.00 0.00 0.00
Average Equity - 0.00 0.00 0.00
Return on Equity (Base Rate) (%) 15.50% 15.50% 15.50%
MAT Rate for respective year (%) 16.995% 19.931% 20.008%
Rate of Return on Equity (%) - 18.674% 19.358% 19.377%
Return on Equity - - - -
Pro rate Return on Equity - - - -
culation of Return on Equity

2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19


0.00 0.00 748.04 787.85 814.39 814.39 814.39
- - 39.81 26.54 - - -
0.00 0.00 787.85 814.39 814.39 814.39 814.39
0.00 0.00 767.94 801.12 814.39 814.39 814.39
15.50% 15.50% 15.50% 15.50% 15.50% 15.50% 15.50%
20.008% 20.961% 20.961% 20.961% 20.961% 20.961% 20.961%
19.377% 19.610% 19.610% 19.610% 19.610% 19.610% 19.610%
- - 150.60 157.10 159.70 159.70 159.70
- - 150.60 157.10 159.70 159.70 159.70
CERTIFICATE OF CAPITAL C
This is to certify that the capital cost of Rangit Transm
Admitted
Expenditure Expenditure
capital cost as
from from
Particulars on
01.04.2009 to 01.04.2010 to
31.03.2009 /
31.03.2010 31.03.2011
DOCO
Land - Leasehold - - -
Building Civil Works & Colony - - -
Transmission Line 0.00 - -
Sub Station 2446.93 - -
PLCC 46.52 - -
Total 2493.45 - -
CERTIFICATE OF CAPITAL COST
he capital cost of Rangit Transmission System, is as below.
Projected Projected
Expenditure Expenditure Expenditure
Expenditure Expenditure
from from from
from from Total
01.04.2011 to 01.04.2012 to 01.04.2013 to
01.04.2014 to 01.04.2015 to
31.03.2012 31.03.2013 31.03.2014
31.03.2015 31.03.2016
- - - - - -
- - - - - -
- - - - - 0.00
- - - 132.70 88.47 2668.10
- - - - - 46.52
- - - 132.70 88.47 2714.62
Calculation of Depreciation Rate (Statem

Revised
Particulars 2008-09 2009-10 2010-11 2011-12
Opening Gross Block 0.00 0.00 0.00
Additional Capitalisation - - -
Closing Gross Block 0.00 0.00 0.00
Average Gross Block 0.00 0.00 0.00
Freehold Land (Av. Cost) - - -
Rate of Depreciation (%) 5.30% 5.30% 5.30%
Depreciable Value 0.00 0.00 0.00
Balance useful life of the asset 25.00 24.00
Elapsed life - 1.00
Remaining Depreciable Value 0.00 0.00 0.00
Depreciation during the year - - -
Depreciation upto previous year 0.00 0.00 0.00
Cumulative depreciation (incl. of AAD) 0.00 0.00 0.00
Average Net Normative Loan - - -
eciation Rate (Statement of Depreciation)
Rs. In Lacs

2012-13 2013-14 2014-15 2015-16 2016-17 2017-18 2018-19


0.00 0.00 2493.45 2626.15 2714.62 2714.62 2714.62
- - 132.70 88.47 - - -
0.00 0.00 2626.15 2714.62 2714.62 2714.62 2714.62
0.00 0.00 2559.80 2670.39 2714.62 2714.62 2714.62
- - - - - - -
5.30% 5.30% 5.30% 5.30% 5.30% 5.30% 5.30%
0.00 0.00 2303.82 2463.06 2482.97 2443.16 2443.16
23.00 22.00 21.00 20.00 19.00 18.00 17.00
2.00 3.00 4.00 5.00 6.00 7.00 8.00
0.00 0.00 59.72 23.60 -78.08 -221.90 -365.72
- - 135.65 141.48 143.82 143.82 143.82
0.00 0.00 0.00 135.65 277.13 420.95 564.77
0.00 0.00 135.65 277.13 420.95 564.77 708.59
- - 1.00 2.00 3.00 4.00 5.00
Calculation of Interest on Norm

Revised
2009-10 2010-11
Particulars 2008-09
Gross Normative Loan - 0.00 0.00
Cumulative Repayments upto Previous 93.03 93.03
Year -
Net Loan-Opening - -93.03 -93.03
Additions - 0.00 0.00
Repayment during the year - 0.00 0.00
Net Loan-Closing - -93.03 -93.03
Average Loan - -93.03 -93.03
Weighted Average Rate of Interest on
Loan (%) - 0.0000% 0.0000%
Interest on Loan - - -
Pro rate Interest on Normative Loan - - -
Calculation of Interest on Normative Loan
Rs. In Lacs

2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18

0.00 0.00 0.00 1745.42 1838.31 1900.23 1900.23

93.03 93.03 93.03 93.03 228.68 370.16 513.98

-93.03 -93.03 -93.03 1652.39 1609.63 1530.07 1386.25


0.00 0.00 0.00 92.89 61.93 0.00 0.00
0.00 0.00 0.00 135.65 141.48 143.82 143.82
-93.03 -93.03 -93.03 1609.63 1530.07 1386.25 1242.43
-93.03 -93.03 -93.03 1631.01 1569.85 1458.16 1314.34

0.0000% 0.0000% 0.0000% 9.5622% 9.5661% 9.5672% 9.5642%


- - - 155.96 150.17 139.51 125.71
- - 155.96 150.17 139.51 125.71
Rs. In Lacs

2018-19

1900.23

657.80

1242.43
0.00
143.82
1098.61
1170.52

9.5631%
111.94
111.94
Calculation of Interest on

Revised
Particulars 2008-09 2009-10 2010-11 2011-12
O & M Expenses - - - -
Maintenance Spares - - - -
Receivables - - - -
Total Working Capital - - - -
Rate of Interest (%) - 0.00% 0.00% 0.00%
Interest of working capital - - - -
Pro rate Interest on working capital - - - -
ulation of Interest on Working Capital
Rs. In Lacs

2012-13 2013-14 2014-15 2015-16 2016-17 2017-18


- - 22.61 23.36 24.14 24.94
- - 40.70 42.05 43.45 44.89
- - 123.12 125.82 126.48 125.82
- - 186.44 191.24 194.07 195.64
0.00% 0.00% 13.50% 13.50% 13.50% 13.50%
- - 25.17 25.82 26.20 26.41
- - 25.17 25.82 26.20 26.41
Rs. In Lacs

2018-19
25.77
46.38
125.22
197.37
13.50%
26.64
26.64
Particulars No. of Bays Lines (KM)

S/s Bays(Rs Lakhs per Bay)


765KV
400KV 1
220KV 5
132KV & below
400KV GIS

Line(Rs Lakhs per KM)


S/C (Bundle Conductor- 6or more sub-c)
S/C (Bundle Conductor- 4 sub-c)
S/C (Twin/Triple Conductor)
S/C (Single Conductor) 0
D/C Bundled( 4 or more sun c)
D/C Twin/Triple Conductor
2.11 D/C Single Conductor 0
Multi Ckt Bundled with 4 or mere
Multi Ckt Twin/Triple

HVDC S/s
HVDC Back to back( Rs Lakh/500MW)
Rihand- Dadri HVDC Bipole ( Rs in Lakhs)
Talcher Kohler HVDC Bipole( Rs Lakhs)
Balia-Bhivandi HVDC Bipole( Rs Lakhs)

Total 6 0
2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

- - - - - - -
60.30 62.30
211.05 218.05
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -
- - - - - - -

- - - - - 271.35 280.35
2016-17 2017-18 2018-19

- - -
64.37 66.51 68.71
225.30 232.75 240.50
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -
- - -

289.67 299.26 309.21


Calculation of Weighted Average Rate of Interest on Loans
Name of the Transmission Licensee: Power Grid Corporation of India Limited
Name of the Region: NORTHERN REGION
Name of the Project: NRSS-XX
Name of Transmission Element or Communication System : 400/220KV,315MVA ICT-II alongwith associated bays at GIS hamirpur
Date of Commercial Operation: 01-april-2012

Particulars 2009-10 2010-11 2011-12 2012-13


BOND XX-DOCO-
Gross Opening Loan 700.00 700.00 700.00 700.00
Cumulative Repayments of Loans upto Previous Year 0.00 58.33 116.66
Net Loans Opening 700.00 700.00 641.67 583.34
Add: Draw(s) during the Year
Less: Repayments of Loan during the year 58.33 58.33 58.33
Net Closing Loan 700.00 641.67 583.34 525.01
Average Net Loan 700.00 670.84 612.51 554.18
Rate of Interest on Loan (%) 8.93 8.93 8.93 8.93
Interest on Loan 62.51 59.91 54.70 49.49

BOND XXI-DOCO-
Gross Opening Loan 636.00 636.00 636.00 636.00
Cumulative Repayments of Loans upto Previous Year 0.00 53.00 106.00
Net Loans Opening 636.00 636.00 583.00 530.00
Add: Draw(s) during the Year
Less: Repayments of Loan during the year 53.00 53.00 53.00
Net Closing Loan 636.00 583.00 530.00 477.00
Average Net Loan 636.00 609.50 556.50 503.50
Rate of Interest on Loan (%) 8.73 8.73 8.73 8.73
Interest on Loan 55.52 53.21 48.58 43.96

BOND XXII-DOCO-
Gross Opening Loan 661.00 661.00 661.00 661.00
Cumulative Repayments of Loans upto Previous Year 0.00 55.08 110.16
Net Loans Opening 661.00 661.00 605.92 550.84
Add: Draw(s) during the Year
Less: Repayments of Loan during the year 55.08 55.08 55.08
Net Closing Loan 661.00 605.92 550.84 495.76
Average Net Loan 661.00 633.46 578.38 523.30
Rate of Interest on Loan (%) 8.68 8.68 8.68 8.68
Interest on Loan 57.37 54.98 50.20 45.42

BOND XXIV-DOCO-
Gross Opening Loan 2144.00 2144.00 2144.00 2144.00
Cumulative Repayments of Loans upto Previous Year 0.00 178.67 357.34
Net Loans Opening 2144.00 2144.00 1965.33 1786.66
Add: Draw(s) during the Year
Less: Repayments of Loan during the year 178.67 178.67 178.67
Net Closing Loan 2144.00 1965.33 1786.66 1607.99
Average Net Loan 2144.00 2054.67 1876.00 1697.33
Rate of Interest on Loan (%) 9.95 9.95 9.95 9.95
Interest on Loan 213.33 204.44 186.66 168.88

BOND XXV-DOCO-
Gross Opening Loan 2290.00 2290.00 2290.00 2290.00
Cumulative Repayments of Loans upto Previous Year 0.00 0.00 190.83
Net Loans Opening 2290.00 2290.00 2290.00 2099.17
Add: Draw(s) during the Year
Less: Repayments of Loan during the year 190.83 190.83
Net Closing Loan 2290.00 2290.00 2099.17 1908.34
Average Net Loan 2290.00 2290.00 2194.59 2003.76
Rate of Interest on Loan (%) 10.10 10.10 10.10 10.10
Interest on Loan 231.29 231.29 221.65 202.38

BOND XXVI-DOCO-
Gross Opening Loan 1258.00 1258.00 1258.00 1258.00
Cumulative Repayments of Loans upto Previous Year 0.00 0.00 104.83
Net Loans Opening 1258.00 1258.00 1258.00 1153.17
Add: Draw(s) during the Year
Less: Repayments of Loan during the year 104.83 104.83
Net Closing Loan 1258.00 1258.00 1153.17 1048.34
Average Net Loan 1258.00 1258.00 1205.59 1100.76
Rate of Interest on Loan (%) 9.30 9.30 9.30 9.30
Interest on Loan 116.99 116.99 112.12 102.37

BOND XXVII-DOCO-
Gross Opening Loan 557.00 557.00 557.00 557.00
Cumulative Repayments of Loans upto Previous Year 0.00 0.00 46.42
Net Loans Opening 557.00 557.00 557.00 510.58
Add: Draw(s) during the Year
Less: Repayments of Loan during the year 46.42 46.42
Net Closing Loan 557.00 557.00 510.58 464.16
Average Net Loan 557.00 557.00 533.79 487.37
Rate of Interest on Loan (%) 9.47 9.47 9.47 9.47
Interest on Loan 52.75 52.75 50.55 46.15

BOND XXVIII-ADDCAP for 2008-2009 drawl on 29-sep-2008-


Gross Opening Loan 256.00 256.00 256.00 256.00
Cumulative Repayments of Loans upto Previous Year 0.00 0.00 21.33
Net Loans Opening 256.00 256.00 256.00 234.67
Add: Draw(s) during the Year
Less: Repayments of Loan during the year 21.33 21.33
Net Closing Loan 256.00 256.00 234.67 213.34
Average Net Loan 256.00 256.00 245.34 224.01
Rate of Interest on Loan (%) 9.33 9.33 9.33 9.33
Interest on Loan 23.88 23.88 22.89 20.90

BOND XXIX-ADDCAP FOR 2008-2009 DRWAL ON 12-MAR-2009


Gross Opening Loan 144.00 144.00 144.00 144.00
Cumulative Repayments of Loans upto Previous Year 0.00 0.00 0.00
Net Loans Opening 144.00 144.00 144.00 144.00
Add: Draw(s) during the Year
Less: Repayments of Loan during the year 12.00
Net Closing Loan 144.00 144.00 144.00 132.00
Average Net Loan 144.00 144.00 144.00 138.00
Rate of Interest on Loan (%) 9.20 9.20 9.20 9.20
Interest on Loan 13.25 13.25 13.25 12.70
0.00 0.00 0.00 0.00
BOND XXXII-ADDCAP FOR 2010-2011 ADDCAP FOR 2010-2011-
Gross Opening Loan 43.33 43.33
Cumulative Repayments of Loans upto Previous Year 0.00 0.00 0.00
Net Loans Opening 0.00 0.00 43.33 43.33
Add: Draw(s) during the Year 43.33
Less: Repayments of Loan during the year
Net Closing Loan 0.00 43.33 43.33 43.33
Average Net Loan 0.00 21.67 43.33 43.33
Rate of Interest on Loan (%) 8.84 8.84 8.84 8.84
Interest on Loan 0.00 1.92 3.83 3.83

Summary
Gross Opening Loan 0.00 0.00 0.00 0.00
Cumulative Repayments of Loans upto Previous Year 0.00 0.00 0.00 0.00
Net Loans Opening 0.00 0.00 0.00 0.00
Add: Draw(s) during the Year 0.00 0.00 0.00 0.00
Less: Repayments of Loan during the year 0.00 0.00 0.00 0.00
Net Closing Loan 0.00 0.00 0.00 0.00
Average Net Loan 0.00 0.00 0.00 0.00
Rate of Interest on Loan (%) 0.0000% 0.0000% 0.0000% 0.0000%
Interest on Loan 0.00 0.00 0.00 0.00
of Interest on Loans

mirpur

Rs. In Lacs
2013-14 2014-15 2015-16 2016-17 2017-18 2018-19

700.00 700.00 700.00 700.00 700.00 700.00


174.99 233.32 291.65 349.98 408.31 466.64
525.01 466.68 408.35 350.02 291.69 233.36

58.33 58.33 58.33 58.33 58.33 58.33


466.68 408.35 350.02 291.69 233.36 175.03
495.85 437.52 379.19 320.86 262.53 204.20
8.93 8.93 8.93 8.93 8.93 8.93
44.28 39.07 33.86 28.65 23.44 18.23

636.00 636.00 636.00 636.00 636.00 636.00


159.00 212.00 265.00 318.00 371.00 424.00
477.00 424.00 371.00 318.00 265.00 212.00

53.00 53.00 53.00 53.00 53.00 53.00


424.00 371.00 318.00 265.00 212.00 159.00
450.50 397.50 344.50 291.50 238.50 185.50
8.73 8.73 8.73 8.73 8.73 8.73
39.33 34.70 30.07 25.45 20.82 16.19

661.00 661.00 661.00 661.00 661.00 661.00


165.24 220.32 275.40 330.48 385.56 440.64
495.76 440.68 385.60 330.52 275.44 220.36

55.08 55.08 55.08 55.08 55.08 55.08


440.68 385.60 330.52 275.44 220.36 165.28
468.22 413.14 358.06 302.98 247.90 192.82
8.68 8.68 8.68 8.68 8.68 8.68
40.64 35.86 31.08 26.30 21.52 16.74

2144.00 2144.00 2144.00 2144.00 2144.00 2144.00


536.01 714.68 893.35 1072.02 1250.69 1429.36
1607.99 1429.32 1250.65 1071.98 893.31 714.64

178.67 178.67 178.67 178.67 178.67 178.67


1429.32 1250.65 1071.98 893.31 714.64 535.97
1518.66 1339.99 1161.32 982.65 803.98 625.31
9.95 9.95 9.95 9.95 9.95 9.95
151.11 133.33 115.55 97.77 80.00 62.22

2290.00 2290.00 2290.00 2290.00 2290.00 2290.00


381.66 572.49 763.32 954.15 1144.98 1335.81
1908.34 1717.51 1526.68 1335.85 1145.02 954.19

190.83 190.83 190.83 190.83 190.83 190.83


1717.51 1526.68 1335.85 1145.02 954.19 763.36
1812.93 1622.10 1431.27 1240.44 1049.61 858.78
10.10 10.10 10.10 10.10 10.10 10.10
183.11 163.83 144.56 125.28 106.01 86.74

1258.00 1258.00 1258.00 1258.00 1258.00 1258.00


209.66 314.49 419.32 524.15 628.98 733.81
1048.34 943.51 838.68 733.85 629.02 524.19

104.83 104.83 104.83 104.83 104.83 104.83


943.51 838.68 733.85 629.02 524.19 419.36
995.93 891.10 786.27 681.44 576.61 471.78
9.30 9.30 9.30 9.30 9.30 9.30
92.62 82.87 73.12 63.37 53.62 43.88

557.00 557.00 557.00 557.00 557.00 557.00


92.84 139.26 185.68 232.10 278.52 324.94
464.16 417.74 371.32 324.90 278.48 232.06

46.42 46.42 46.42 46.42 46.42 46.42


417.74 371.32 324.90 278.48 232.06 185.64
440.95 394.53 348.11 301.69 255.27 208.85
9.47 9.47 9.47 9.47 9.47 9.47
41.76 37.36 32.97 28.57 24.17 19.78

256.00 256.00 256.00 256.00 256.00 256.00


21.33 42.66 63.99 85.32 106.65 127.98
234.67 213.34 192.01 170.68 149.35 128.02

21.33 21.33 21.33 21.33 21.33 21.33


213.34 192.01 170.68 149.35 128.02 106.69
224.01 202.68 181.35 160.02 138.69 117.36
9.33 9.33 9.33 9.33 9.33 9.33
20.90 18.91 16.92 14.93 12.94 10.95

144.00 144.00 144.00 144.00 144.00 144.00


12.00 24.00 36.00 48.00 60.00 72.00
132.00 120.00 108.00 96.00 84.00 72.00

12.00 12.00 12.00 12.00 12.00 12.00


120.00 108.00 96.00 84.00 72.00 60.00
126.00 114.00 102.00 90.00 78.00 66.00
9.20 9.20 9.20 9.20 9.20 9.20
11.59 10.49 9.38 8.28 7.18 6.07
0.00 0.00 0.00 0.00 0.00 0.00

43.33 43.33 43.33 43.33 43.33 43.33


0.00 3.61 7.22 10.83 14.44 18.05
43.33 39.72 36.11 32.50 28.89 25.28

3.61 3.61 3.61 3.61 3.61 3.61


39.72 36.11 32.50 28.89 25.28 21.67
41.53 37.92 34.31 30.70 27.09 23.48
8.84 8.84 8.84 8.84 8.84 8.84
3.67 3.35 3.03 2.71 2.39 2.08

0.00 1745.41 1745.41 1745.41 1745.41 1745.41


0.00 0.00 8.58 22.74 150.70 290.22
0.00 1745.41 1736.83 1722.67 1594.71 1455.19
0.00 0.00 0.00 0.00 0.00 0.00
0.00 8.58 14.16 127.96 139.52 150.41
0.00 1736.83 1722.67 1594.71 1455.19 1304.78
0.00 1741.12 1729.75 1658.69 1524.95 1379.99
0.0000% 9.5622% 9.5661% 9.5672% 9.5642% 9.5631%
0.00 166.49 165.47 158.69 145.85 131.97
Name of the Transmission License
Name of the Region: SOUTHERN REGION Name of the Project: SRSS - VI
Name of the Transmission Element: Combined Elements of SRSS - VI

Sum

Revised
Particulars 2009-10
2008-09
Depreciation- (Form No. 10A) - -
Interest on Loan - (Form No. 9E) - -
Return on Equity - (Form No.8) - -
Int. on Working Capital- (Form No. 11) - -
Op. and Maintenance - (Form No. 2) - -
Total - -

As Claimed By The Petitioner 0


Difference -

Revised
Particulars 2009-10
2008-09
AFC as per Petitioner
Depreciation- (Form No. 10A) 0
Interest on Loan - (Form No. 9E) 0
Return on Equity - (Form No.8) 0
Int. on Working Capital- (Form No. 11) 0
Op. and Maintenance - (Form No. 2) 0

Difference
Depreciation- (Form No. 10A) -
Interest on Loan - (Form No. 9E) -
Return on Equity - (Form No.8) -
Int. on Working Capital- (Form No. 11) -
Op. and Maintenance - (Form No. 2) -
ame of the Transmission Licensee: Power Grid Corporation of India Limited
me of the Project: SRSS - VI
- VI

Summary Table

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

- - - - 135.65 141.48
- - - - 155.96 150.17
- - - - 150.60 157.10
- - - - 25.17 25.82
- - - - 271.35 280.35
- - - - 738.72 754.93

0 0 0 0 747.81 764.03
- - - - (9.09) (9.10)

2010-11 2011-12 2012-13 2013-14 2014-15 2015-16

0 0 0 0 135.64 141.48
0 0 0 0 164.86 159.08
0 0 0 0 150.59 157.1
0 0 0 0 25.37 26.02
0 0 0 0 271.35 280.35

- - - - 0.01 0.00
- - - - (8.90) (8.91)
- - - - 0.01 0.00
- - - - (0.20) (0.20)
- - - - - -
Rs. In Lacs

2016-17 2017-18 2018-19

143.82 143.82 143.82


139.51 125.71 111.94
159.70 159.70 159.70
26.20 26.41 26.64
289.67 299.26 309.21
758.90 754.90 751.32

767.99 764.01 760.41


(9.09) (9.11) (9.09)

2016-17 2017-18 2018-19

143.82 143.82 143.82


148.4 134.61 120.83
159.7 159.7 159.7
26.4 26.62 26.85
289.67 299.26 309.21

0.00 0.00 0.00


(8.89) (8.90) (8.89)
0.00 0.00 0.00
(0.20) (0.21) (0.21)
- - -
Table: 1 Provisional Tariff Approved by Commission for 2009-14
Asset I
Particulars
2009-10 2010-11 2011-12
Depreciation 77.43 78.52 79.04
Interest on Loan 66.86 62.29 57.02
Return on Equity 69.17 70.25 70.77
Interest on Working Capital 8.90 9.11 9.29
O & M Expenses 89.08 94.18 99.57
Total 311.44 314.35 315.69

Capital cost as Additional Capitalisation


Particulars admitted on
31.09.2009 2009-10 2010-11

Asset I: Transmision Line - - -


Asset II: Substation 1,455.67 21.50 19.79
Total 1,455.67 21.50 19.79

Year MAT Rate Grossed up ROE MAT Rate


allowed in the approved in the claimed in the
previous Tariff previous tariff current petition
Order order

2009-10 11.33% 17.48% 16.995


2010-11 11.33% 17.48% 19.931
2011-12 11.33% 17.48% 20.008
2012-13 11.33% 17.48% 20.008
2013-14 11.33% 17.48% 20.961
sset I Asset II
2012-13 2013-14 2009-10 2010-11 2011-12
79.04 79.04
51.14 45.28
70.77 70.77
9.45 9.63
105.26 111.28
315.66 316.00 0.00 0.00 0.00

dditional Capitalisation (During 2009-14)


Capital cost as
on 31.03.2014
2011-12 2012-13 2013-14

- - - -
- - - 1,496.96
- - - 1,496.96

Grossed up ROE
(Base Rate/(1-t))
claimed in the
current petition

18.674
19.358
19.377
19.377
19.61
set II Total
2012-13 2013-14 2009-10 2010-11 2011-12
77.43 78.52 79.04
66.86 62.29 57.02
69.17 70.25 70.77
8.90 9.11 9.29
89.08 94.18 99.57
0.00 0.00 311.44 314.35 315.69
otal
2012-13 2013-14
79.04 79.04
51.14 45.28
70.77 70.77
9.45 9.63
105.26 111.28
315.66 316.00
Output Tables for 2009-14

Particulars 2009-10 2010-11 2011-12 2012-13


AFC approved in Order dated 25.2.2011 311.44 314.35 315.69 315.66
Revised AFC claimed on Truing Up 0 0 0 0

Return on Equity 2009-10 2010-11 2011-12 2012-13


Approved in Order dated 25.2.2011 69.17 70.25 70.77 70.77
Claimed by the petitioner 0 0 0 0
Allowed in this Order

Interest on Loan 2009-10 2010-11 2011-12 2012-13


Approved in Order dated 25.2.2011 767 707.33 646.6 583.6
Claimed by the petitioner 767.07 708.8 649.3 586.08
Allowed in this Order 767.06 708.8 649.32 586.13

Depreciation 2009-10 2010-11 2011-12 2012-13


Approved in Order dated 25.2.2011 654.34 656.62 658.25 658.25
Claimed by the petitioner 654.4 657.83 660.57 660.57
Allowed in this Order 654.4 657.83 660.57 660.57

Interest on Working Capital 2009-10 2010-11 2011-12 2012-13


Approved in Order dated 25.2.2011 50.06 49.31 48.53 47.66
Claimed by the petitioner 50.99 50.86 50.17 49.29
Allowed in this Order 50.99 50.86 50.17 49.29

O&M Expenses 2009-10 2010-11 2011-12 2012-13


Approved in Order dated 25.2.2011 137.88 145.79 154.13 162.94
Claimed by the petitioner 137.88 145.79 154.13 162.94
Allowed in this Order 137.88 145.79 154.13 162.94

Particulars 2009-10 2010-11 2011-12 2012-13


Depreciation
Opening Gross Block 0.00 0.00 0.00 0.00
Additional Capitalisation 0.00 0.00 0.00 0.00
Closing Gross Block 0.00 0.00 0.00 0.00
Average Gross Block 0.00 0.00 0.00 0.00
Rate of Depreciation 5.30% 5.30% 5.30% 5.30%
Depreciable Value 0.00 0.00 0.00 0.00
Balance Useful life of the asset 0.00 25.00 24.00 23.00
Elapsed Life 0.00 0.00 1.00 2.00
Remaining Depreciable Value 0.00 0.00 0.00 0.00
Depreciation during the year 0.00 0.00 0.00 0.00

Interest on Loan
Gross Normative Loan 0.00 0.00 0.00 0.00
Cumulative Repayment upto Previous Year 93.03 93.03 93.03 93.03
Net Loan-Opening -93.03 -93.03 -93.03 -93.03
Additions 0.00 0.00 0.00 0.00
Repayment during the year 0.00 0.00 0.00 0.00
Net Loan-Closing -93.03 -93.03 -93.03 -93.03
Average Loan -93.03 -93.03 -93.03 -93.03
Weighted Average Rate of Interest on Loan
(%) 0.0000% 0.0000% 0.0000% 0.0000%
Interest on Loan 0.00 0.00 0.00 0.00

Return on Equity
Opening Equity 0.00 0.00 0.00 0.00
Additions 0.00 0.00 0.00 0.00
Closing Equity 0.00 0.00 0.00 0.00
Average Equity 0.00 0.00 0.00 0.00
Return on Equity (Base Rate ) 15.50% 15.50% 15.50% 15.50%
MAT rate for the respective year 17.00% 19.93% 20.01% 20.01%
Rate of Return on Equity 18.67% 19.36% 19.38% 19.38%
Return on Equity 0.00 0.00 0.00 0.00

Interest on Working Capital


O & M expenses 0.00 0.00 0.00 0.00
Maintenance Spares 0.00 0.00 0.00 0.00
Receivables 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00
Rate of Interest 0.00% 0.00% 0.00% 0.00%
Interest on Working Capital 0.00 0.00 0.00 0.00

Annual Transmission Charges


Depreciation 0.00 0.00 0.00 0.00
Interest on Loan 0.00 0.00 0.00 0.00
Return on Equity 0.00 0.00 0.00 0.00
Interest on Working Capital 0.00 0.00 0.00 0.00
O & M Expenses 0.00 0.00 0.00 0.00
Total 0.00 0.00 0.00 0.00
2013-14
316.00
0

2013-14
70.77
0

2013-14
520.65
522.92
522.92

2013-14
658.25
660.57
660.57

2013-14
46.81
48.62
48.62

2013-14
172.23
172.23
172.23

2013-14

0.00
0.00
0.00
0.00
5.30%
0.00
22.00
3.00
0.00
0.00

0.00
93.03
-93.03
0.00
0.00
-93.03
-93.03

0.0000%
0.00

0.00
0.00
0.00
0.00
15.50%
20.96%
19.61%
0.00

0.00
0.00
0.00
0.00
0.00%
0.00

0.00
0.00
0.00
0.00
0.00
0.00