GRIDCO Limited
Regd. Office: Janpath, Bhubaneswar-751022, Orissa
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PUBLIC NOTICE
Application filed u/s 86 (1)(b) and all other provisions available in the Electricity Act, 2003, for determination of Bulk Supply Price for the year 2009-10, filed by GRIDCO Ltd. (GRIDCO) before the Orissa Electricity Regulatory Commission, Bhubaneswar.
1. GRIDCO has submitted on 01.12.2008, its Application to the Orissa Electricity Regulatory Commission for determination of Bulk Supply Price for the year 2009-10 which has been registered as Case No.62/2008. The application has been filed under Section 86(1)(b) and other applicable provisions of the Electricity Act, 2003 read with relevant provisions of OERC (Terms and Conditions for Determination of Tariff) Regulations, 2004 and OERC (Conduct of Business) Regulations, 2004. The Commission has decided to take into consideration the aforesaid Revenue Requirement and Bulk Supply Price Application for the year 2009-10 through a public hearing.
2. Copies of the aforesaid filings together with supporting materials along with the related documents as mentioned in Para (1) above are available with Sr. G.M (PP), GRIDCO Headquarters, Bhubaneswar. This public notice along with the details of filing and relevant matters may be downloaded from the GRIDCO’s website www.gridco.co.in as well as the Commission’s website www.orierc.org.
3. The Bulk Supply Price is applicable for supply of power to Distribution Licensees. The proposed Bulk Supply Price application for the Financial Year 2009-10 contains details regarding demand charges, energy charges, charges for over-drawl of energy, rebate and delayed payment surcharge.
4. The rates and charges proposed are printed herewith for the information of the general public.
5 (a) Interested persons may inspect/peruse the relevant records pertaining to the matters enumerated in Para (1) above and take note thereof at the office mentioned at Para (2) above, during office hours on or before 10.01.2009 by making a plain paper application to the aforesaid authorities.
(b) A summary of the proposal will be posted in the Commission’s website after 01.01.2009 for general reference.
6. The salient features of the Revenue Requirement and Bulk Supply Price Application as mentioned in Para (1) above shall be available to the interested persons from the office mentioned at Para (2) above on payment of the photocopying charges, (Rs.30/-) on or before 10.01.2009.
7. The said salient features as submitted by the licensee include:-
- Write up on the application.
- Abstract of least cost power procurement (TRT-22).
- Price revision proposal including the expected revenue (TRT-24).
- Proposed Bulk Supply Price schedule.
- Calculation of revenue requirement (TRF-5).
8. A full set of the Revenue Requirement and Bulk Supply Price Application for the year 2009-10 can also be obtained within office hours on or before 10.01.2009 from the office of the Sr. G M (P.P), GRIDCO Head quarters on payment of the photocopying charges, (Rs.100/- per set of the application).
9. Suggestions/objections, if any, together with supporting materials may be filed before the SECRETARY I/C, ORISSA ELECTRICITY REGULATORY COMMISSION, BIDYUT NIYAMAK BHAVAN, UNIT-VIII, BHUBANESWAR-751012 in person or through Registered Post/Courier Services only so as to reach him on or before 10.01.2009positively. A copy of the said suggestions/objections along with relevant documents shall also be served on the undersigned.
- The suggestions/objections should be filed in six copies and should carry full name and postal address of the person/ organizations/ institutions sending the suggestions/objections and shall be supported by an affidavit.
- There shall be clear indication if the suggestions/objections are being filed on behalf of any organization/institution representing any category of consumers. It should also be specifically mentioned, if it is to be heard in person by the Commission.
- Suggestions/objections received after the date mentioned above or those which will prove deficient on any or more of the above points may not be admitted for hearing. Only those objections/suggestions supported through affidavit will be taken up for hearing.
10. As directed by the Commission, the date of hearing shall be duly published in the Newspapers and also communicated to the parties whose objections are admitted.
Sd/-
Dated 11/12/2008 CHAIRMAN-CUM-MANAGING DIRECTOR
Note: i) The above public notice along with the proposed Bulk Supply Price schedules are also available in GRIDCO’s website www.gridco.co.in as well as the Commission’s website www.orierc.org.
ii) In case of any ambiguity in the notice published in Oriya language, the notice published in English language may be referred for authenticity
Proposed Bulk Supply Price Schedule of GRIDCO for carrying out
Bulk Supply Activity for 2009-10
1. Bulk Supply Price:
This Bulk Supply Price is applicable for supply of power to Distribution and Retail Supply Licensees. The total charges shall be calculated by summation of following charges stated in Para (a) to (f) below as applicable:
a) Energy Charge: GRIDCO proposes to recover the entire Annual Revenue Requirement through Energy Charge of 209.82 P/U only.
b) Demand Charge : Demand Charge @Rs.200/KVA/Month would be levied only when the actual SMDs of DISCOMs exceed the permitted SMDs (110% of the approved SMDs by OERC calculated on annual basis) as approved by Hon’ble OERC for FY 2008-09.
c) Charge for Over drawal in energy:
Any excess drawal of energy by a Distribution and retail supply Licensee over and above the approved drawal would be payable at a cost of imported power on monthly basis.
d) Rebate: On payment of the monthly bill, the Retail and Distribution licensees shall be entitled to a rebate of:
- 2% rebate on monthly bill if full payment is made within 2 (two) working days (excluding holidays under Negotiable Instrument Act) of submission of the bill.
- 1% rebate on monthly bill if full payment is made within 30 days from submission.
e) Delayed Payment Surcharge:
The monthly charges as calculated above together with other charges and surcharge on account of delayed payments, if any, shall be payable within 30 days from the date of bill. If payment is not made within the said period of 30 days, delayed payment surcharge at the rate of 1.25% (One point two five percent) per month shall be levied pro-rata for the period of delay from the due date, i.e. from the 31st day of the bill, on the amount remaining unpaid (excluding arrears on account of delayed payment surcharge).
f) Duty and Taxes:
The Electricity Duty levied by the Government of Orissa and any other Statutory levy/ Duty/ Tax/ Cess / Toll etc. imposed under any law from time to time shall be charged over and above the Bulk Supply Price.
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