ORDER

The petition has been filed by Power Grid Corporation of India Limited (PGCIL) seeking approval of the transmission charges for 1 No. 400 kV 63 MVAR line reactor at Cochin (hereinafter referred to as "transmission asset"), from date of commercial operation (1.6.2012) to 31.3.2014 under Kudankulam ATS in Southern Region based on the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2009 (hereinafter referred to as "the 2009 Tariff Regulations").

2. The Investment Approval (IA) to the transmission project was accorded by Government of India vide letter dated 25.5.2005 at an estimated cost of ‘177929 lakh, including IDC of ‘7141 lakh. Further, Revised cost estimates of the project has been approved by Board of Directors, vide letter dated 3.9.2010, at an estimated cost of ‘215907 lakh including interest during construction of ‘22342 lakh at 1st Quarter 2010 price level. The subject asset was to be commissioned within 42 months from the date of investment approval i.e. by 1.12.2008. 3. The scope of works covered under the scheme broadly includes:-

Transmission Lines

(i) Kundankulam (NPC) – Tirunelveli (Powergrid) 400 kV (Quad) D/C line-I

(ii) Kund