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2008 Supreme(Online)(CERC) 186

CENTRAL ELECTRICITY REGULATORY COMMISSION
Approval of tariff in respect of Assam Gas Based Power Station (291 MW) for the period from 1.4.2003 to 31.3.2004. North Eastern Electric Power Corporation Ltd.


ORDER

The petitioner, North Eastern Electric Power Corporation Ltd (NEEPCO) had filed this petition for approval of tariff in respect of Assam Gas Based Power Station (291 MW) (hereinafter referred to as “the generating station”) for the period from 1.4.2003 to 31.3.2004 based on the terms and conditions contained in the Commission’s notification dated 26.3.2001, (hereinafter referred to as “the notification dated 26.3.2001”). On completion of pleadings and after hearing the parties, final tariff in respect of the generating station for the said period was awarded vide the Commission’s order dated 22.8.2005. Subsequently, the petitioner filed Review Petition No 115/2005 for revision of tariff of the generating station. Consequently, the tariff of the generating station was revised vide the Commission’s order dated 14.12.2006. The summary of the Annual Fixed Charges awarded is given hereunder:

(Rs in lakh)

Particulars2003-04
Interest on Loan5668
Interest on Working Capital723
Depreciation6998
Advance against Depreciation0
Return on Equity11627
O & M Expenses4568
TOTAL29584

2. The petitioner filed Appeal No 162 of 2005 before the Appellate Tribunal for Electricity (hereinafter referred to as “t

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