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GRID CORPORATION OF ORISSA LIMITED
JANPATH, BHUBANESWAR
** ** **
NOTIFICATION
The 20th March, 2008
BULK SUPPLY PRICE W.E.F. 01.04.2008

In exercise of the powers conferred under section 86(1)(b) and other related provisions of the Electricity Act, 2003, the Orissa Electricity Regulatory Commission has passed an order on 20.03.2008 in Case No. 61/2007 with regard to determination of Bulk Supply of Price of Grid Corporation of Orissa Limited (GRIDCO), effective from 01.04.2008, for procurement of power by WESCO, NESCO, SOUTHCO & CESU strictly for supply of power to the State consumers.

The GRIDCO hereby publishes the Schedule of Bulk Supply Price as below.

SCHEDULE OF BULK SUPPLY PRICE W.E.F. 01.04.2008
  1. Bulk Supply Price
  2. This Price is applicable for supply of power to a Distribution and Retail Supply Licensee for resale. The total charges payable by a DISTCO shall be calculated by summation of following charges mentioned in Para (A) to (F) below as applicable for supply of power on and after 01.04.2008 until further order.

    (A) Energy charges: The monthly energy charges on the energy supplied by GRIDCO to Distribution companies/utilities shall be as follows: -

    Western Electricity Supply Company of Orissa, Ltd.             - 157.25 paise per KWH
    North Eastern Electricity Supply Company of Orissa Ltd.      - 125.00 paise per KWH
    Southern Electricity Supply Company of Orissa, Ltd.            - 70.00 paise per KWH
    Central Electricity Supply Utility                                             - 101.50 paise per KWH

    (B) Charges for Overdrawl of Energy: Any excess drawl of energy by a Distribution and Retail Supply Licensee would be payable at the actual cost of power purchase plus transmission charges and transmission loss subject to necessary changes due to implementation of intra-state ABT.

    (C) Charges for Overdrawl of demand: There shall not be any levy of separate maximum demand charges upto the permitted SMD for the distribution companies for the FY 2008-09. Permitted SMD would mean monthly SMD recorded upto maximum of 10% over the approved SMD in the current tariff order to take care of monthly variations. Any excess drawl over the permitted SMD will have to be paid @Rs.200 per KVA per month. This is again subject to the condition that the annual average SMD shall be limited to the SMD permitted in the order. Any drawl over and above the annual average SMD will be payable @Rs.200 per KVA per month, notwithstanding the fact that a utility might have paid the SMD charges for exceeding the permitted SMD in any month.

    (D) Rebate: For payment of bills through a letter of credit on presentation/upfront by cash within two working days, a rebate of 2% shall be allowed. If the payments are made by a mode other than through a letter of credit but within a period of one month of presentation of bills, by the Distribution Licensees, a rebate of 1% shall be allowed.

    (E) Late Payment Surcharge: In case payment of bills by the licensees is delayed beyond a period of 1 month from the date of billing, a late payment surcharge at the rate of 1.25% per month shall be levied by GRIDCO.

    (F) Duty and Taxes: The Commission approves that statutory levy/duty/tax/cess/toll imposed under any law from time to time shall be charged over and above the price fixed by the Commission.

  3. The Bulk Supply Price in respect of GRIDCO for procurement of power by WESCO, NESCO, SOUTHCO & CESU strictly for supply of power to the State consumers will become effective from 1st April 2008 and shall continue until further order.


  4. The detailed order of the Commission is available in its web site www.orierc.org as well as in the web site of GRIDCO www.gridco.co.in


Bhubaneswar
Dated: 20.03.2008
CHAIRMAN-CUM-MANAGING DIRECTOR
GRIDCO


 
* Last Modified on 20thMarch 08
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