POWER GRID CORPORATION OF INDIA LIMITED Vs. RAJASTHAN RAJYA VIDYUT PRASARAN NIGAM LTD. AND ORS.
CENTRAL ELECTRICITY REGULATORY COMMISSION
POWER GRID CORPORATION OF INDIA LIMITED
Rajasthan Rajya Vidyut Prasaran Nigam Ltd. and Ors.
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(1.) THE instant petition has been filed by Power Grid Corporation of India Ltd. (PGCIL) for approval of the transmission tariff for 400 kV D/C Kishenpur -Samba transmission line along with bays at both ends, 1 No. 315 MVA, 400/220 kV ICT -I along with associated bays at Samba and 3 Nos. 220 kV line bays (hereinafter "the Asset") under the Northern Region System Strengthening Scheme -XXII (hereinafter "the Scheme"), for the tariff block 2009 -14, in terms of the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2009 (hereinafter "the 2009 Tariff Regulations").
(2.) THE investment approval for the transmission project was accorded by the Board of Directors of the petitioner company, vide Memorandum No. C/CP/NRSS -XXII, dated 15.12.2010, at an estimated cost of Rs. 20978 lakh, including IDC of Rs. 1212 lakh (based on 2nd Quarter, 2010 price level). The scope of work covered under the scheme is as follows: - -
1. Kishenpur -Samba 400 kV D/C line (with 2xS/C Portion near Kishenpur Sub -station end)
1. New 2x315 MVA, 400/220 kV Sub -station at Samba
2. Extension of 400/220 kV Kishenpur Sub -station
1. 80 MVAR Bus Reactor at Samba Sub -station"
(3.) AS per the investment approval dated 15.12.2010, the transmission asset was scheduled to be commissioned within 32 months from the date of investment approval, i.e. by 1.9.2013 and the instant asset was commissioned on 1.4.2013. Provisional tariff in respect of the above mentioned asset was approved by the Commission vide its order dated 18.3.2013, subject to adjustment as per Regulation 5 (4) of the 2009 Tariff Regulations.;
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