POWER GRID CORPORATION OF INDIA LIMITED Vs. KARNATAKA POWER TRANSMISSION CORPORATION LIMITED AND ORS.
LAWS(ET)-2016-1-17
CENTRAL ELECTRICITY REGULATORY COMMISSION
Decided on January 22,2016

Appellant
VERSUS
Respondents

JUDGEMENT

- (1.) This petition has been filed by Power Grid Corporation of India Limited (PGCIL) seeking approval for determination of transmission tariff for Kurnool -Raichur 2nd 765 kV S/C line and extension of Kurnool 765/400 kV and Raichur 765/400 kV Sub -stations; 1500 MVA, 765/400 kV ICT #2 and 240 MVAR reactor alongwith the associated bays at 765/400 kV Nellore PS and 1500 MVA, 765/400 kV ICT #3 and 240 MVAR bus reactor alongwith the associated bays at 765/400 kV Nellore PS (hereinafter referred to as "transmission assets") under Common System associated with ISGS projects in Krishnapatnam area of Andhra Pradesh in Southern Region for the period from the date of commercial operation to 31.3.2014, based on the Central Electricity Regulatory Commission (Terms and Conditions of Tariff) Regulations, 2009, (hereinafter referred to as "the 2009 Tariff Regulations").
(2.) Investment approval (IA) of the project was accorded by Board of Directors of the petitioner vide Memorandum No. C/CP/ISGS Krishnapatnam dated 4.8.2011 at an estimated cost of Rs. 163734 lakh including IDC of Rs. 10228 lakh (based on 1st Quarter, 2011 price level) and at revised estimated cost of Rs. 185939 lakh including IDC of Rs. 15736 lakh (based on October, 2014 price level), as per revised cost estimate (RCE) approved by Board of Directors of the petitioner vide Memorandum No. C/CP/RCE -ISGS Projects in Krishnapatnam dated 20.4.2015, submitted by the petitioner vide affidavit dated 19.8.2015. The project was scheduled to be commissioned within 36 months from the date of investment approval i.e. by 3.8.2014 say 1.9.2014.
(3.) The scope of work covered under the project is as follows: - - "Transmission Lines: i) LILO of both circuits of SEPL/MEPL -Nellore 400 kV D/C Quad line at Nellore Pooling Station; ii) Nellore Pooling Station -Kurnool 765 kV D/C line; iii) Kurnool -Raichur 2nd 765 kV S/C line (first line covered under Krishnapatnam UMPP); Sub -stations: i) Establishment of new 2x1500 MVA, 765/400 kV Sub -station at Nellore; ii) Extension of Kurnool 765/400 kV Sub -station; iii) Extension of Raichur 765/400 kV Sub -station; Reactive Compensation: i) 1x240 MVAR, 765 kV bus reactor at new 765/400 kV Nellore Sub -station; ii) 240 MVAR, 765 KV line reactor at each end of both circuits of Nellore -Kurnool 765 kV line.";


Click here to view full judgement.
Copyright © Regent Computronics Pvt.Ltd.