CERC Tariff

2019-24

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 COST OF UNIT(1 kWhr)

 CAPACITY(FIXED) CHARGES (FC)

 VARIABLE (FUEL) CHARGES(VC)

 DSM

 INCENTIVE

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 COMPONENTS OF FIXED COST
•Deprecitation
•RoE
•Interest on Loan Capital
•Interest on working Capital
•O&M expenses

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 FIXED COST
Capital Cost 2014-19 20019-24
Depreciation Up to 90% Up to 90%
ROE (RGMO 1% 15.5% 15.5%
penalty)
Ramp Rate(1%) 0.25 % RoE
Penalty/incentive
O&M 20.43/18.387 20.43(3.5 % escalation)
Expense(Lacs/MW)
Additional Expenses Water charges& capital Water charges, capital
Allowed spares spares & secutity
expenses
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 FIXED COST
Capital Cost 2014-19 20019-24
Compensation 0.5lac/MW /year Nil
Allowance
Special Allowance 7.5 lac/MW/year 9.5/lac/MW/year

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 WORKING CAPITAL
2014-19 20019-24

Coal stock 30 days 20 days

Advance payment 30 days
towards coal
Cost of secondary fuel 2 months 2 months
Maintenance Spares 20 % of O&M 20 % of O&M expenses
expenses
Receivables 60 days 45 days

O&M expenses One month One month

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 OPERATING PARAMETERS
2014-19 20019-24
Target Availability (DC) 85% Annually 85% (Low Demand, High
Demand Season)
Peak & Off peak DC 85 %
GHR(Stage1/Stage 2) 2375/2380 kCal/kWh 2390/2360 kCal/kWh

New stations GHR 1.045* Design HR 1.05*Design HR

APC 5.25% 5.75%
SOC 0.5 ml/Unit 0.5 ml/Unit
Fixed cost (stage 1) 0.951 P Peak/Off-Peak :20%/80%
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 OPERATING PARAMETERS
2014-19 20019-24
Incentive(SG>85%) 50 p 65 p during Peak
50 p during Off-Peak
Sharing of Gains in 60:40 50:50
HR,SOC and APC
GCV As received As received by third
party
GCV deterioration due nil 85 kCal
to storage
Transit loss 0.8% 0.8%

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 Fixed Cost Recovery
Low Demand Season High Demand season
Period 3 months 9months

DC 85 % 85%

Off Peak Peak Hours

Time 20 hrs 4 hrs(16%)
Rate 80% of FC 20 % FC
Carry over To off peak hours

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 Energy Charges Calculation

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Operating Norms

APC relaxation for IDCT/Tube Mill: 0.5 %/0.8%

Statutory charges like water cess/ Electricity Duty (on
APC)shall pass on to beneficiaries.
Compensation allowance is not provided

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Sharing of Non-Tariff Income

Income from rent of land or buildings.

Income from sale of scrap.
Interest on advances to suppliers or contractors.

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