MPERC TARIFF FILING FORMS UNIT -1 (TRUE UP PETITION) (For Financial Years: & )

Transcription

1 MPERC TARIFF FILING FORMS UNIT -1 (TRUE UP PETITION) (For Financial Years: & )

2 FORM-TPS-1 SUMMARY SHEET Place Anuppur, Madhya Pradesh S. No. Particulars Remarks (1) (2) (3) (7) (8) 1.1 Depreciation FORM-TPS Interest on Loan FORM-TPS-13A Return on Equity FORM-TPS-1(I) Interest on Working Capital FORM-TPS-13B O & M Expenses Cost of Secondary Fuel Oil Compensation Allowance (If applicable) Special allowance (If applicable) - - Total - Annual Capacity (Fixed) Charges Number of Days in Operation AFC for Number of Days in Operation Less: Other Income Net AFC (after adjusting Other Income) MP's Share of AFC 30% Landed Fuel Cost (Domestic Coal) Rs/MT 2,708 2,708 % of Fuel Quanitity % Landed Fuel Cost (Imported Coal) Rs/MT - - % of Fuel Quanitity % Secondary fuel oil cost Rs/Unit Energy Charge Rate ex-bus Rs/Unit

3 FORM 1(I) - Statement Showing Claimed Capital Cost S. No. Particulars Opening Capital Cost 4, , Add: Addition during the year/ period Less: Decapitalisation during the year/period Less: Reversal during the year/period Add: Discharges during the year/period Closing Capital Cost 4, , Average Capital Cost 4, , FORM 1(II) - Statement Showing Return on Equity S. No. Particulars Opening Equity 1, , Add: Increase due to addition during the year/period Closing equity 1, , Average equity 1, , Base rate of Return on Equity % % Tax Rate (MAT Rate) 0.000% 0.000% Rate of return on equity % % Return on equity

4 TPS FORM 2: PLANT CHARACTERISTICS MB POWER (MADHYA PRADESH) ANUPPUR THERMAL POWER PROJECT Unit(s)/ Block(s)/ Parameters Unit-I Unit-II Installed Capacity (MW) 600 MW 600 MW Schedule COD 20-May Nov-15 Actual COD/Date of Taken Over (as applicable) 20-May-15 7-Apr-16 Pit Head or Non Pit Head Name of the Boiler Manufacture Name of Turbine Generator Manufacture Main Steams Pressure at Turbine inlet (kg/cm 2 ) abs Main Steam Temperature at Turbine inlet ( C) Reheat Steam Pressure at Turbine inlet (kg/cm 2 ) Reheat Steam Temperature at Turbine inlet ( C) Main Steam flow at Turbine inlet under MCR condition (tons/hr) Main Steam flow at Turbine inlet under VWO condition (tons/hr) Unit Gross electrical output under MCR /Rated condition (MW) Unit Gross electrical output under VWO condition (MW) Guaranteed Design Gross Turbine Cycle Heat Rate (kcal/kwh) Conditions on which design turbine cycle heat rate guaranteed % MCR % Makeup Water Consumption Design Capacity of Make up Water System Design Capacity of Inlet Cooling System Design Cooling Water Temperature ( C) Back Pressure Steam flow at super heater outlet under BMCR condition (tons/ hr) Steam Pressure at super heater outlet under BMCR condition) (kg/cm2) Steam Temperature at super heater outlet under BMCR condition (oc) Steam Temperature at Reheater outlet at BMCR condition (oc) Design / Guaranteed Boiler Efficiency (%) Design Fuel with and without Blending of domestic/imported coal (Max/Min. Values) Non-Pit Head Station M/s. Harbin Boiler Company Ltd. M/s. Harbin Turbine Company Ltd % Ash (%) - 44/40, Moisture (%) - 16/12, Volatile Matter (%) - 26/20, Gross Clorific Value (Kcal/kWh) /3200 Type of Cooling Tower Type of cooling system Type of Boiler Feed Pump Fuel Details -Primary Fuel -Secondary Fuel -Alternate Fuels Special Features/Site Specific Features Special Technological Features Environmental Regulation related features Any other special features Induced Draft Closed Cycle Turbo Driven Coal LDO/ HFO

5 FORM-TPS-3 NORMATIVE PARAMETERS CONSIDERED FOR TARIFF COMPUTATION Particulars Unit (1) (2) (5) (6) Base Rate of Return on Equity % Effective Tax Rate % 0.000% 0.000%# Normative % Auxiliary Energy Consumption % Gross Station Heat Rate kcal/kwh 2, , Specific Fuel Oil Consumption ml/kwh FOR WORKING CAPITAL CORRESPONDING TO NORMATIVE ANNUAL PLANT AVAILABILITY FACTOR Cost of Coal for generation in Days Cost of coal towards Stock in Days Cost of Main Secondary Fuel Oil for WC in Months 2 2 O & M expenses in Months 1 1 Maintenance Spares for WC % of Annual O&M Expenses Receivables for WC in Months 2 2 Storage capacity of Primary Fuel in Days SBI Base Rate basis points as on % Blending ratio of domestic coal/imported coal % # Petitioner craves leave to claim tax as applicable as a part of the true-up Petition for FY

6 FORM-TPS-5 ABSTRACT OF ADMITTED CAPITAL COST Particulars Remarks Last date of order of Commission for the project 6-Sep-18 Reference of petition no. in which the above order was passed 11 of 2018 Following details (admitted/considered) as on as approved in above order by the Commission - Capital Cost 4, Amount of un-discharged liabilities included in above (& forming part of admitted capital cost) - - Amount of un-discharged liabilities corresponding to above admitted capital cost (but not forming part of admitted capital cost being allowed on cash basis) - - Gross Normative Debt 3, Cumulative Repayment Net Normative Debt 2, Normative Equity 1, Cumulative Depreciation Freehold Land 40.16

7 FORM-TPS-9A S. No. STATEMENT OF ADDITIONAL CAPITALISATION for FY Head of Work / Equipment ACE Claimed (FY ) Regulations Accrual Basis Cash Basis (3-4) under which claimed Un-discharged Liability (included in col. 3) IDC (included in col. 3) Justification Cost admitted by the Commission, if any (1) (2) (3) (4) (5) (6) (7) (8) (9) Discharges of un-discharged liabilities (138.59) Regulation 20.1 (i) of MPERC Regulations (138.59)

8 FORM-TPS-9A S. No. STATEMENT OF ADDITIONAL CAPITALISATION FOR FY Head of Work / Equipment ACE Claimed (Projected) Regulations Accrual Basis * Cash Basis (3-4) under which claimed Un-discharged Liability (included in col. 3) IDC (included in col. 3) Justification Cost admitted by the Commission, if any (1) (2) (3) (4) (5) (6) (7) (8) (9) Discharges of un-discharged liabilities (46.09) Regulation 20.1 (i) of MPERC Regulations 2015 * FY yet to be concluded - (46.09)

9 FORM-TPS-9C STATEMENT SHOWING RECONCILIATION OF ACE CLAIMED WITH THE CAPITAL ADDITIONS AS PER BOOKS S. Particulars * No. (1) (2) (5) (6) 1 Auditor Certified Cash Capital Cost - Closing 8, Less: Auditor Certified Cash Capital Cost - Opening 7, Total Additions as per books (On cash basis) Less: Additions pertaining to Unit Net Additions pertaining to Unit Less: Exclusions (items not allowable/ not claimed) 7 Net Additional Capital Expenditure Claimed * FY yet to be concluded

10 FORM-TPS-11 S. No. Name of the Assets Depreciation Rates as per MPERC's Depreciation Rate Schedule Gross Block as on Additions during FY Gross Block as on Average Gross Block for the period FY Depreciation Amount for the period FY Depreciation Amount for the period (1) (2) (3) (4) (5) (6) (7) (8) 1 Freehold Land 0% Lease Hold Land 3.34% Plant & Machinery 5.28% 6, , , Buildings (Permanent and other civil/structural works) 3.34% 1, , , Buildings (Temporary Structures and works) % Other Assets 6 Furniture & Fixtures 6.33% Office Equipments 6.33% Computer 15.00% Vehicles 6.33% Software 15.00% TOTAL Weighted Average Rate of Depreciation (%) Calculation of Weighted Average Rate of Depreciation 7, , , % 4.88% Form-11

11 FORM-TPS-12 Particulars Opening Capital Cost 4, , Closing Capital Cost 4, , Average Capital Cost 4, , Rate of depreciation 4.88% 4.88% Depreciable value 3, , Remaining depreciable value 3, , Depreciation (for the period) Depreciation (annualized) Net Cumulative depreciation at the end of the period STATEMENT OF DEPRECIATION

12 FORM-TPS-13 CALCULATION OF WEIGHTED AVERAGE RATE OF INTEREST ON ACTUAL LOANS MB POWER (MADHYA PRADESH) LIMITED ANUPPUR THERMAL POWER PROJECT (2 x 600 MW) S. Particulars (1) (2) (6) 1 Loan-1 - PTC India Financial Services Limited Net loan - Opening Add: Drawal(s) during the Year 0 Less: Repayment (s) of Loans during the year 5.96 Net loan - Closing Average Net Loan Rate of Interest on Loan on annual basis 13.88% Interest on loan Loan-2 - Power Finance Corporation Limited Net loan - Opening 1, Add: Drawal(s) during the Year Less: Repayment (s) of Loans during the year Net loan - Closing 1, Average Net Loan 1, Rate of Interest on Loan on annual basis 13.47% Interest on loan Loan-3 - Rural Electrification Corporation Limited Net loan - Opening Add: Drawal(s) during the Year Less: Repayment (s) of Loans during the year Net loan - Closing Average Net Loan Rate of Interest on Loan on annual basis 13.10% Interest on loan Loan-4- State Bank of Patiala Net loan - Opening Add: Drawal(s) during the Year Less: Repayment (s) of Loans during the year Net loan - Closing Loan Closed Average Net Loan Rate of Interest on Loan on annual basis Interest on loan 5 Loan-5 - SBBJ Net loan - Opening Add: Drawal(s) during the Year Less: Repayment (s) of Loans during the year Net loan - Closing Loan Closed Average Net Loan Rate of Interest on Loan on annual basis Interest on loan 6 Loan-6- SBI Net loan - Opening 1, Add: Drawal(s) during the Year Less: Repayment (s) of Loans during the year Net loan - Closing 1, Average Net Loan 1, Rate of Interest on Loan on annual basis 13.92% Interest on loan Loan-7 - Federal Bank Net loan - Opening Add: Drawal(s) during the Year 0.18 Less: Repayment (s) of Loans during the year 1.43 Net loan - Closing Average Net Loan Rate of Interest on Loan on annual basis 13.89% Interest on loan 6.48

13 S. Particulars (1) (2) (6) 8 Loan-8 - L&T Net loan - Opening Add: Drawal(s) during the Year 0 Less: Repayment (s) of Loans during the year Net loan - Closing Average Net Loan Rate of Interest on Loan on annual basis 13.90% Interest on loan Loan-9 - PNB Net loan - Opening Add: Drawal(s) during the Year Less: Repayment (s) of Loans during the year Net loan - Closing Average Net Loan Rate of Interest on Loan on annual basis Interest on loan 10 Loan-10 - AXIS Net loan - Opening Loan Closed Add: Drawal(s) during the Year 0 Less: Repayment (s) of Loans during the year Net loan - Closing Average Net Loan Rate of Interest on Loan on annual basis 13.95% Interest on loan Loan-11 - LIC Net loan - Opening Add: Drawal(s) during the Year 0 Less: Repayment (s) of Loans during the year Net loan - Closing Average Net Loan Rate of Interest on Loan on annual basis 14.31% Interest on loan Loan-12 - HPPPL Net loan - Opening Add: Drawal(s) during the Year Less: Repayment (s) of Loans during the year Net loan - Closing Average Net Loan Rate of Interest on Loan on annual basis Interest on loan 13 Loan-13 - IIFCL-UK Net loan - Opening Loan Closed Add: Drawal(s) during the Year Less: Repayment (s) of Loans during the year 8.65 Net loan - Closing Average Net Loan Rate of Interest on Loan on annual basis 11.42% Interest on loan Total Loan Net loan - Opening 5, Add: Drawal(s) during the Year 0.18 Less: Repayment (s) of Loans during the year Net loan - Closing 5, Average Net Loan 5, Rate of Interest on Loan on annual basis 13.34% Interest on loan

14 FORM-TPS-13A CALCULATION OF INTEREST ON NORMATIVE LOAN Particulars Gross loan - Opening 3, , Cumulative repayment of Normative Loan upto previous year Net Normative loan - Opening 2, , Add: Increase due to addition during the year/period Less: Repayment during the year/period Net Normative loan - Closing 2, , Average Normative Loan 2, , Weighted Average rate of Interest 13.34% 13.34% Interest on Loan

15 FORM-TPS-17 Party Asset/ Work Year of actual capitalisation LIABILITY FLOW STATEMENT Liability as on Liability as on Discharges Reversal Discharges Reversal Discharges Reversal GoMP Freehold Land EPC Contractor Plant & Machinery EPC/Non EPC Contractor Building & Civil Works Related IEDC Related IDC Total Liability as on Liability as on

16 Unit-1_Tariff Forms_True-up Tariff for FY _ _ECR Energy Charge Rate Particulars Capacity (MW) Target Availability (%) 85% 85% Hours in a Day Days in the Year Annual Hours of Operation (Hrs) 8,760 8,760 Energy Generated (MU) Aux. Power Consumption 5.75% 5.75% Aux. Power Consumption (MU) Energy Sent Out (MU) Gross Station Heat Rate (kcal/kwh) Specific Fuel Oil Consumption (ml/kwh) Oil Stock Weighted Avg. GCV of Oil (kcal/lit.) Heat Contribution by Oil (kcal/kwh) Annual Requirement of Oil (ltrs) Oil Stock(2 months) (KL) Weighted Avg. Price of Oil (Rs./KL) Oil Stock- 2 months- (Rs. in Crore) Coal Stock Weighted Avg. GCV of Coal (kcal/kg) Heat Contribution by Coal (kcal/kwh) Specific Coal Consumption (kg/kwh) including transit loss Annual Requirement of Coal (MT) Coal Stock (30 days) (MT) Weighted Avg. Price of Coal (Rs./MT) Coal Stock (30 days) - (Rs. in Crore) Variable Charges (Ex Bus) Coal (Rs/kwh) Oil (Rs/kwh) Rs./kwh Variable Charges per year- (Rs. in Crore) Receivables- (Rs. in Crore) Variable Charges -2 months Fixed Charges - 2 months Total Pg - 16 of 17

17 Other Income Details: S.No. Particulars Amount () 1 Interest Income Bank Deposits 6.02 Others Scrap Sales Others Gain on sale of investments 0.04 Total 8.63