executive summary_case no 174 of 2011

8/2/2019 Executive Summary_Case No 174 of 2011

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ARR & Tariff Petition for APML Transmission

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CHAPTER 1: EXECUTIVE SUMMARY

Introduction

1.1 Adani Power Limited (hereinafter referred to as APL) is a companyincorporated under the Companies Act, 1956 engaged in the business of

generation and transmission of power at various locations across the country.

1.2 Adani Power Maharashtra Limited (hereinafter referred to as APML),

subsidiary of Adani Power Limited (APL), is engaged in development of 1980

MW (3 x 660 MW) thermal power project at Tiroda, in Gondia District of

Maharashtra State under phase 1 and 1320MW (2x660 MW) under phase 2.

1.3 Adani Power Maharashtra Limited (hereinafter referred to as APML - G) has

been awarded a contract through competitive bidding process under Case 1competitive bidding on long term basis for 25 years by Maharashtra State

Electricity Distribution Company Limited (MSEDCL) to supply 1320 MW of

power and has already entered into Power Purchase Agreement with

MSEDCL

1.4 The power project is already under construction and its first unit is proposed

to be synchronized by end of February 2012.

1.5 APML requested MSETCL STU for planning of suitable transmission system

for evacuation of power from Tiroda power project. Based on the system

studies undertaken, transmission system along with related infrastructure was

planned by STU as follows:

400kV D/C Transmission Line with Quad conductor from Tiroda (Gondia)

to proposed 400kV Koradi II Substation


to proposed 400kV Warora Switching Station

4 Nos. 400kV bays for the two D/C transmission lines at Tiroda project

switchyard

2 Nos. 400kV bays for termination of 400kV D/C Tiroda-Koradi II

transmission lines at Koradi II

2 Nos. 400kV bays for termination of 400kV Tiroda-Warora transmission

lines at Warora switching station.

1.6 Considering the need / urgency for transmission system to be in position, for

evacuation of power from the project, APML expressed its willingness to


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develop the transmission system as Transmission Licensee in order to

ensure its completion matching with the first unit of the power project.

1.7 APML submitted an application to the Honble Commission for grant of

Transmission License u/s 14 of Electricity Act 2003 for transmission of its

1980 MW of power, the initially envisaged capacity of this thermal power

project, from delivery/injection point to drawal/supply points at their interface

points with STU network in Maharashtra.

1.8 The Honble Commission vide its Order dated 6th July, 2009 granted

Transmission License to Adani Power Maharashtra Limited (hereinafter

referred to as APML T) and authorized the Licensee to establish and

operate the following transmission lines inclusive of related infrastructure:

400kV D/C Transmission Line with Quad conductor from Tiroda (Gondia)to proposed 400kV Koradi II Substation


to proposed 400kV Warora Switching Station

4 Nos. 400kV bays for the above two D/C transmission lines at Tiroda

project switchyard

2 Nos. 400kV bays for termination of 400kV D/C Tiroda-Koradi II

transmission lines at Koradi II

2 Nos. 400kV bays for termination of 400kV Tiroda-Warora transmission

lines at Warora switching station.

1.9 Considering the demand supply situation in Maharashtra, APML-G decided to

expand the Thermal power project by implementing phase 2 of Tiroda Power

Project (2x660MW). In view of this expansion, APML-T approached the State

Transmission Utility (STU) with a request to plan evacuation system for

additional capacity of 1320MW (2x660 MW) for phase 2.

1.10 Accordingly, STU reviewed power evacuation scheme and subsequent to load

flow studies in consultation with PGCIL & CEA, suggested that a separate

765kV system is required to be developed for evacuation of power fromgeneration projects coming up in North-eastern Maharashtra.

1.11 In view of the proposed development of 765kV transmission system, the STU

advised APML-T that the 400kV D/C Tiroda-Koradi II transmission lines with

associated bays at Tiroda and Koradi II will not be required.

1.12 Consequently, APML-T filed for amendment in Transmission License No. 2 of

2009, to exclude development of 400kV D/C Tiroda-Koradi II Transmission


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line with associated bays at Tiroda and Koradi from the scheme of the

transmission license, before the Honble Commission under Case No. 62 of

2010. The Honble Commission, vide its Order dated March 30, 2011, granted

APML-T amendment in Transmission License No. 2 of 2009.

1.13 The amended license authorizes APML-T to establish and operate the

following transmission lines inclusive of related infrastructure:


to proposed 400kV Warora Switching Station;

2 Nos. 400kV bays for the above D/C Transmission lines at Tiroda Project

Switchyard;

2 Nos. 400kV bays for termination of 400kV D/C Tiroda-Warora

Transmission line at Warora Switching Station.

1.14 MSETCL has identified the above evacuation system as a part of the State

Transmission Utility Network Plan for the period FY 2010-11 to FY 2014-15.

1.15 In accordance with the directives of the Honble Commissions Order (at Para

21a) dated July 6, 2009 to award the contracts through competitive

procurement basis, APML T conducted International Competitive Bidding

(ICB) process for selection of contractors for design, supply, erection and

testing & commissioning of the same transmission lines. The 400kV Tiroda-

Warora Transmission Line project has already been awarded and itsconstruction is under progress with expected completion by end of February

2012.

1.16 APML-T had estimated total project cost inclusive of IDC to be Rs. 622.38

Crs. For the same, APML-T had approached the Honble Commission for in-

principle clearance of capital expenditure scheme for which Honble

Commission vide its letter dated September 21, 2010 granted in-principle

approval of capital expenditure of Rs. 620.07 Crs. However, subsequent to

increase in line length, the revised project cost is estimated at Rs. 677.41 Crs.

Accordingly, ARR has been calculated taking into account total estimated

project cost of Rs. 677.41 Crs.

1.17 Since the proposed transmission system shall form an integral part of the

state transmission network, APML-T shall recover monthly transmission

charges towards its investment on completion of the associated transmission

system in line with the Honble Commissions Order dated 13 th November,

2007 regarding Transmission Pricing Framework Order.


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Overall Approach and Background

1.18 The key aspects of the approach to the filing are as discussed below:

1.19 Pursuant to the provisions of the Electricity Act, 2003, APML-T is required tosubmit its ARR and Tariff Petitions as per procedures outlined in section 61,

62 and 64, of EA 2003, and the governing regulations thereof.

1.20 APML-T had submitted its MYT Petition for determination of tariff on April 7,

2011 in accordance with Section 61, 62 of the Electricity Act 2003 and has

taken into consideration the provisions of the MERC (Multi Year Tariff)

Regulations, 2011 recently notified by Honble Maharashtra Electricity

Regulatory Commission.

1.21 Subsequently, Technical Validation Session (TVS) was held on May 12, 2011based on preliminary data gaps identified by the Honble Commission.

1.22 Based on preliminary data gaps/ discrepancies identified and further

directives of the Honble Commission during TVS, APML-T is filed revised

petition on May 27, 2011 under the Multi-Year Tariff Framework for

determination of Aggregate Revenue Requirement of Transmission business

of the Company under MYT Control Period FY 2011-12 to FY 2015-16.

1.23 Further, the Commission, vide its letter dated November 4, 2011, Ref:

MERC/Tariff/20112012/01953, intimated that the Order on APMLs petition for

approval of the Business Plan is likely to be issued only in the last quarter of

FY 2011-12. The MYT petition can be filed only after the Commission issues

its Order on the Petition for approval of the Business Plan. Under these

circumstances, the Commission is of the view that it will not be feasible to

determine the ARR under the MYT Regulations 2011 for APML from April 1,

2011 and hence directed APML-T to submit its ARR and Tariff Petition for FY

2011-12 as per Maharashtra Electricity Regulatory Commission (Terms and

Conditions Tariff) Regulations, 2005.

1.24 In compliance with the directive, APML - T filed a detailed ARR petition under

Case No. 174 of 2011 to the Honble Commission and has made all efforts to

provide the necessary data in the prescribed formats. Subsequently, TVS was

held for the same on December 30, 2011 wherein data gaps were raised by

Honble Commission.

1.25 The present petition has been revised taking into consideration submissions

made during TVS, under the Maharashtra Electricity Regulatory Commission


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(Terms and Conditions Tariff) Regulations, 2005, for determination of

Aggregate Revenue Requirement and Tariff of Transmission business of the

Company for FY 2011-12.

1.26 Under these circumstances, the petitioner requests Honble Commission to

allow APML-T to continue recovery of transmission charges for FY 2012-13

on provisional basis based on approved ARR for FY 2011-12 in case of delay

in approval of tariff under its MYT petition.

Capital Expenditure Plan

1.27 MSETCL has identified the above evacuation system as a part of the State

Transmission Utility Network Plan for the period FY 2010-11 to FY 2014-15.1.28 In accordance with the directives of the Honble Commissions Order (at Para

21 (a)) dated July 6, 2009 to award the contracts through competitive

procurement basis, APML T conducted International Competitive Bidding

(ICB) process for selection of contractors for design, supply, erection and

testing & commissioning of the same transmission lines. The 400kV Tiroda-

Warora Transmission Line project has already been awarded and its

construction is under progress with expected completion by end of February

2012.

1.29 APML-T had estimated total project cost inclusive of IDC to be Rs. 622.38

Crs. For the same, APML-T had approached the Honble Commission for in-

principle clearance of capital expenditure scheme for which the Honble

Commission vide its letter dated September 21, 2010 granted in-principle

approval of capital expenditure of Rs. 620.07 Crs.

1.30 However, due to change in route length from earlier stated 200 km to 219 km

to avoid coal mine & forest areas in line route resulting in non-receipt of forest

clearance and resistance of farmers & other locals, the total estimated project

cost has been reworked to be Rs. 677.41 Crs.

1.31 The estimated Capital Expenditure plan has been revised as compared to

earlier submission. The revision in the capital cost has been detailed in

Chapter 4.

1.32 The Revised Capital Expenditure Plan proposed by APML - T is as follows:


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Table 1: Summary of Capital Expenditure

(in Rs. Crs)

Sl.No.

Particulars

Approved

Costs

Revised

Costs

Sub-total

TotalSub-total

Total

1Preliminary and Pre-operativeexpenses

1.65 1.50

2 EPC Cost of the Project471.3

8516.7

3

2.1 Supply Cost 359.65391.8

0

2.2 Erection Cost

108.29

121.5

02.3 Type Test 3.44 3.43

2.4Spares and Tools (considered in Sr.No. 4)

0.00 0.00

3 Non-EPC Cost 12.00 12.00

3.1 Consultancy (considered in Sr. No. 1) 0.00 0.00

3.2 Cost towards terminal bays

400 kV Line Bays at Tiroda 12.00 12.00

400 kV Line Bays at Warora 0.00 0.00

3.3Right of way (considered in Sr. No.2.2)

0.00 0.00

3.4 Design Cost (considered in Sr. No. 5) 0.00 0.00

3.5 Compensatory land for forest 0.00 0.00

3.6 Detailed survey (considered in 2.2) 0.00 0.00

4 Overheads 41.23 47.00

5 Escalation towards completion cost 29.10 15.00

6 Contingency 14.55 5.00

7 Margin money for working capital 0.008 Interest during construction 36.96 61.53

9 Cost towards terminal bays at Warora 13.20 18.66

TOTAL (in Rs Crs)620.0

7677.4

1

Aggregate Revenue Requirement for the Control Period


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1.33 Based on the Capital Cost and consequent Capitalised Expenditure, Equity

Component and Normative Debt, the annual aggregate revenue requirement

of APML - T have been determined in accordance with the Tariff Regulations.

1.34 The Aggregate Revenue Requirement of APML - T are computed in

accordance with the Maharashtra Electricity Regulatory Commission (Terms

and Conditions Tariff) Regulations, 2005. The components of the Aggregate

Revenue Requirement are:

(a) Return on Equity Capital;

(b) Income Tax;

(c) Interest on Loan Capital;

(d) Depreciation including Advance Against Depreciation;

(e) Operation and Maintenance Expense;(f) Interest on working capital; and

(g) Contribution to contingency reserves

Less

(h) Non Tariff Income; and

(i) Income from Other Business, to the extent specified in the

Regulations

1.35 APML-T has projected its ARR for the FY 2011-12 on the basis of the normsmentioned in the 2005 Regulations and following principles:

a) APML T has projected the Return on Equity at the rate of 14 % per

annum and in accordance with 2005 Regulations.

b) The revised estimate of capital expenditure of APML T is Rs. 677.41Crs

c) Interest on Long Term Loans has been projected considering the debt-

equity in 70:30 ratio as mentioned in the 2005 Regulations at 12.75%

interest rate.

d) Depreciation has been computed as per rate specified in the 2005

Regulations.

e) APML-T being a new licensee does not have any precedence of historical

cost of Operation and Maintenance Expenses. Therefore, APML-T has

estimated O&M expenses in the formats stipulated by Honble

Commission, in accordance with 2005 Regulations.

f) Interest on working capital has been computed on normative basis in

accordance with the 2005 Regulations.


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g) Contribution to Contingency reserves is considered as specified in the

2005 Regulations.

h) Other Expense is calculated on the basis of lump sum amounts projected

for CSR activities and initiatives.

i) Income Tax expense has been calculated at MAT rate of 20.01% during

FY 2011-12.

1.36 The Aggregate Revenue Requirement for APML-T for FY 2011-12,

considering above factors, is summarized in the table as under:

Table 2: Summary of Annual Revenue Requirement for the Control

Period

S.N ParticularsFY 2011-12

in Rs Crs

1 Operation & Maintenance Expenses 0.51

2 Depreciation 1.48

3 Interest on Long-term Loan Capital 5.03

4Interest on Working Capital and on consumersecurity deposits

0.20

5 Other Expenses 0.13

6 Contribution to contingency reserves 0.28

7 Income Tax Expense 0.34

8Adjustment for profit/loss on accountcontrollable/uncontrollable factors

0.00

9 Total Revenue Expenditure 7.97

10 Return on Equity Capital 2.37

11 Aggregate Revenue Requirement 10.33

12 Less: Non Tariff Income 0.00

13 Less: Income from Other Business 0.00

14Aggregate Revenue Requirement from Retail

Tariff

10.33

Prayers to the Honble Commission:

The petitioner respectfully prays that the Honble Commission may be pleased to:

Approve the Aggregate Revenue Requirement (ARR) and Tariff for FY 2011-

12 for licensed transmission business of APML-T as submitted herewith.

Pass suitable orders with respect to the ARR and Tariff for FY 2011-12 as


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proposed by APML in this petition along with the relevant operational and

financial parameters as proposed in the petition.

Permit APML to propose suitable changes to ARR and the mechanism of

meeting the required revenue, if needed on further analysis, prior to the final

approval by the Honble Commission.

Allow APML-T to continue recovery of transmission charges for FY 2012-13

on provisional basis based on approved ARR for FY 2011-12 in case of delay

in approval of tariff under its MYT petition.

Condone any inadvertent omissions/errors/shortcomings and permit APML to

add/change/modify/alter this filing and make further submissions as may be

required at a future date.

Allow any other relief, order or direction, which the Honble Commissiondeems fit to be issued.

Pass such further orders, as the Honble Commission may deem fit and

appropriate keeping in view the facts and circumstances of the case.


10/17

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nyUhmo`mMr Amem Amho.1.16 `m H$nmMm Am`S>rgrgh EHy$U IM 622.38 H$moQ>r nò Ag`mMo EnrE_EbZo

AXm{OV Ho$bo Amho. `mgmR>r EnrE_EbZo ^mS>dbr IM `moOZobm VdV: _Owar {_imdr`mgmR>r Am`moJmH$S>o _mJUr Ho$br. Am`moJmZohr 21 gQ>|~a 2010 `m nm_ò 620.07 H$moQ>rn`mMm ^mS>dbr IM H$a`m`m `moOZobm VdV: _Owar {Xbr Amho. Xa`mZ, gmaUdm{hZr`m bm~rVrb ~Xbm_wio `m H$nmMm AXm{OV gwYm[aV IM 677.41 H$moQ>tda JobmAmho. `mZwgma, `m H$nmMm AXm{OV IM677.41 H$moQ>r nò Ag`mMo EAmaAmaZo JhrVYabo Amho.

1.17 {Z`mo{OV nmaofU Ùm hr am` nmaofUMm A{d^m` KQ>H$ Ag`m_wio, Omon`VVm{dV gmaU Ùm C^r ahmV Zmhr Vmon`V am`mVrb AVJV gmaUmMo Omio,EnrE_Eb-Q>r hr H$nZr _mZ{Z` Am`moJm`m 13 Zmoh|~a 2007 `m Q>mg{_eZ m`qgJ\o$_dH$ AmS>aZwgma gmaU dm{hZrVrb JwVdUyH$ hUyZ _m{gH$ gmaU ewH$mMr ZwH$gmZânmB{_idob.

EHy$UM \$m`qbJgmR>rMm AmoM d nmd y_r

1.18 \$m`qbJgmR>r`m gmXarH$aUm`m H$mhr R>iH$ ~m~tMr Imbr MMmH$a`mV Ambr Amho.


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1.19 BboQ>r{gQ>r AQ> 2003 _Yrb H$b_m`m AZwamoYmZo `m H$m`mVrb goeZ 61, 62

Am{U 64 _ò AYmoaoIrV Ho$`mZwgma EnrE_Eb-Q>rZo `mMm EAmaAma Am{U Q>[a\$ no{Q>eZXmIb H$aUo Amd`H$ Amho.

1.20 EnrE_Eb-Q>rZo Q>[a\$`m Xm`mgmR>r BbopQ>{gQ>r AQ> 2003 `m goeZ 61,62 Zwgma`mMm E_dm`Q>r {dZVr AO 7 E{nb 2011 amoOr XmIb Ho$bm Amho Am{U _hmam>BbopQ>{gQ>r ao`wboQ>ar H${_eZZo AYmoaoIrV Ho$bo`m E_BAmagr (_pQ> BAa Q>[a\$) {Z`_2011 Zwgma Vmo {dMmamV Ko`mV Ambm Amho.

1.21 `mZVa Am`moJmbm mW{_H$ _m{hVrV V\$mdV AmT>`mZVa 12 _o 2011 amoOr Q>opZH$bh{bS>oeZ goeZ (Q>rhrEg) Am`mo{OV H$a`mV Ambo hmoVo.

1.22 Am`moJmbm mW{_H$ _m{hVrV AmT>bo`m V\$mdVr`m AmYmao Am`moJmZo Q>rhrEg_òHo$bo`m {Xem{ZX}emZwgma H$nZr`m gmaU `dgm`mgmR>r 2011-12 Vo 2015-16 `mgmbm`m E_dm`Q>r {ZÙ _wXVrAVJV bmJUmam EHy$U _hgyb {dMmamV Ko`mgmR>rEnrE_Eb-Q>rZo _pQ> BAa Q>{a\$ \o$_dH$ AVJV gwYmarV AO27 _o 2011 amoOr Ho$bm Amho.

1.23 `mZVa Am`moJmZo 4 Zmoh|~a 2011 amoOr`m nmV (gX^mgmR>r :E_BAmagr/Q>[a\$/20112012/01953) hQ>bo Amho H$hr EnrE_Eb`m {~PZog bZ`mnadmZJrgmR>r`m {dZVr AOmda 2011-12 `m Am{WH$ dfm`m AIoa`m {V_mhrVM AmXoe{Xbo OmVrb. Am`moJmZo {~PZog bZ`m nadmZJr {dZVr AOmda AmXoe {X`mZVaME_dm`Q>r {dZVr AOXmIb Ho$bm OmD$ eH$Vmo. Aem n[apWVrV EnrE_EbgmR>r 1 E{b

2011 nmgyZ E_dm`Q>r ao`wboeg 2011 AVJV EAmaAma {Z{MV H$aUo e` Zmhr.`m_wio _hmam> BbopQ>{gQ>r {Z`m_H$ Am`moJ (Q>_g AS> H${S>eg Q>[a\$) ao`wboeg,2005 Zwgma Am`moJmZo 2011-12 `m Am{WH$ dfmgmR>r EnrE_Eb-Q>rZo `mMm EAmaAmaAm{U Q>[aQ> {dZVr AO gmXa H$a`mMo {Xem{ZX}e Ho$bo.

1.24 `m {Xem{ZX}emZwgma EnrE_Eb-Q>rZo Ho$g Z. 174/2011 AVJV _mZ{Z` Am`moJmH$S>oEAmaAma {dZVr AO XmIb Ho$bm Am{U `m d$nmV Amd`H$ Vr _m{hVr nwad`mMogdVmonar `Z Ho$bo. `mZVa 30 {S>g|~a 2011 amoOr Ko`mV Ambo`m Q>rhrEg_ò_mZ{Z` Am`moJmH$Sy>Z `m _m{hVr`m wQ>r H$mT>`mV Am`m.

1.25 H$nZr`m 2011-12 {dm dfmgmR>r`m EHy$U _hgwbr Amd`H$Vm Am{U nmaofU`dgm`mMm Q>[a\$ {ZpMV H$a`mgmR>r _hmam> BbopQ>grQ>r {Z`m_H$ Am`moJ (Q>g AS>H${S>eg Q>[a\$) ao`wboeg, 2005 AVJV g`m`m {dZVr AOmV Q>rhrEgXa`mZ gmXaH$a`mV Ambo`m AOmbm J{hV Y$Z gwYmaUm H$a`mV Am`m AmhoV.

1.26 Aem n[apWVrV `m{MH$mXma _mZ{Z` Am`moJmH$S>o hr {dZVr H$aVmo Amho H$s, OaE_dm`Q>r {dZVr AOmVrb Q>[a\$bm _m`Vm {_i`mg Cera Pmbm Va EnrE_Eb-Q>rbm2011-12 {dm dfmV _Owar Xo`mV Ambo`m EAmaAma`m AmYmao Vmnwa`m d$nmV 2012-

13 `m Am{WH$ dfmVhr nmaofU ewH$ dgyb H$a`mMr nadmZJr {_imdr.


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1.27 E_EgBQ>rgrEbZohr hr WmZmVaUr` Ùm C^ma`mMo H$m_ 2010-11 Vo 2014-15 `m

Q>oQ> Q>mg{_eZ `w{Q>{bQ>r ZoQ>dH$ bZMmM EH$ ^mJ Ag`mMo hQ>bo Amho.

^mS>dbr IM`moOZm

1.28 Am`moJmZo `m`m 6 Owb 2009 amoOr Ho$bo`m {bbmdmmao H$mQ> Xo`m`m{Xem{ZX}emZwgma (nam H$_mH$ 21A) EnrE_Eb-Q>rZo gmaU dm{hZrMo {S>PmBZ, nwadR>m,H$Vr Am{U MmMUr Am{U WmnZm H$a`mgmR>r AmVaamQ>r` nYm_H$ {bbmd (Am`gr~r){H$`m Am`mo{OV Ho$br. {VamoXm-damoam`m 400 Ho$hr j_Vo`m gmaU dm{hZr H$nmMoH$mQ> Xo`mV Ambo AgyZ, `mMr C^maUr gw$ Amho Am{U ho H$m_ \o$~wdmar 2012 AIoan`VnyUhmo`mMr Amem Amho.

1.29 `m H$nmMm Am`S>rgrgh EHy$U IM 622.38 H$moQ>r nò Ag`mMo EnrE_EbZoAXm{OV Ho$bo Amho. `mgmR>r EnrE_Eb-Q>rZo ^mS>dbr IM`moOZobm VdV: _Owar {_imdr

`mgmR>r Am`moJmH$S>o {dZVr Ho$br. Am`moJmZohr 21 gQ>|~a 2011 `m nm_ò 620.07 H$moQ>rn`mMm ^mS>dbr IMH$a`m`m `moOZobm VdV: _Owar {Xbr Amho.

1.30 Xa`mZ, H$moiem`m ImUr Am{U OJb n[agambm Q>miyZ C^ma`mV òUm`m `mgmaU dm{hZr`m bm~rVrb ~Xbm_wio (200 {H$_rd$Z 219 {H$_r.) Am{U dm{hZr`m _mJAm{U `mV eoVH$`mMm Am{U JmdH$`mMm {damoY `m_wio `m H$nmMm AXm{OV gwYm[aV

IM677.41 H$moQ>tda Jobm Amho.

1.31 `m H$nm`m AXm{OV ^mS>dbr IMm`m `moOZoVhr gwYmaUm H$a`mV Ambr Amho. `mgwYm[aV ^mS>dbr IMmMr _m{hVr H$aU-4 _ò Xo`mV Ambr Amho.

1.32 EnrE_Eb-Q>rZo Vm{dV Ho$bobr gwYm[aV ^mS>dbr IM`moOZm nwT>rb_mUo :

Q>o~b 1 : ^mS>dbr IMmMm gmame

(H$moQ>rn`mV)

AZw.H$_mH$

KQ>H$_Owa {H$_V gwYm[aV qH$_Vg~Q>moQ>b

EHy$U g~Q>moQ>b

EHy$U

1 mW{_H$ Am{U H$m md`ZnydIM 1.65 1.50

2 H$nmMm Bnrgr IM 471.38 516.73

2.1 nwadR>mdarb IM 359.65 391.80

2.2 C maUr IM 108.29 121.50

2.3 QmBn MmMUr 3.44 3.43

2.4 noAgAm{U Qy>g (AZw.H$. 4 _ o J{hV) 0.00 0.00


15/17

AZw.H$_mH$

KQ>H$_Owa {H$_V gwYm[aV qH$_Vg~Q>moQ>b

EHy$U g~Q>moQ>b

EHy$U

3 {~Ja Bnrgr IM 12.00 12.003.1 gm (AZw.H$. 1 _ o J{hV) 0.00 0.00

3.2 Q{_Zb ~o gmRr hmoUmam IM

{VamoXm oWo 400 Ho$hr dm{hZr ~o 12.00 12.00

damoam oWo 400 Ho$hr dm{hZr ~o 0.00 0.00

3.3 amBQ> Am\$ do (AZw.H$. 2.2 _ o J{hV) 0.00 0.00

3.4 aMZm IM(AZw.H$. 5 _ o J{hV) 0.00 0.00

3.5 dZ ZwH$gmZ anmB 0.00 0.00

3.6 gImob gh} (AZw.H$. 2.2 _ o J{hV) 0.00 0.00

4 AmohahoS>g 41.23 47.00

5 BHo$boeZ Qy>dS>g H$pbeZ H$mQ 29.10 15.00

6 H$mpQOgr 14.55 5.00

7 D{H$H$ H${nQ>bMm _m{OZ _Zr 0.00

8 ~mYH$m_mXa mZMm mOXa 36.96 61.53

9 damoam oWrb Q>{_Zb ~oMm IM 13.20 18.66

EHy$U (H$moQr n mV) 620.07 677.41

1.33 ^mS>dbr _y` Am{U `mZwgma ^mS>dbr IM, B{$Q>r KQ>H$ Am{U H$OamoIo `m`mAmYmamda EnrE_Eb-Q>r bm bmJUmam dm{fH$ IM Q>[a\$ ao`wboegZwgma J{hV Ya`mVAmbm Amho.

{Z`U H$mbmdYrgmR>r bmJUmam EHy$U _hgyb

1.34 EnrE_Eb-Q>r Mr EHy$U _hgybr Amd`H$Vm hr _hmam> BboQ>rgrQ>r ao`wboQ>ar H${_eZ(Q>g AS> H${S>eg Q>[a\$) ao`wboeg, 2005 `m {Z`_mda AmYm[aV Amho. EHy$U

_hgybm`m Amd`H$VoMo KQ>H$ :

A. B{$Q>r H${nQ>bda naVmdm~. Am`H$aH$. H$O^mS>dbmda `mOS>. Ad_y`ZB. H$m`md`Z Am{U XoI^mb IM\$. ^mS>dbr IMmdarb `mO Am{U


16/17

\$. AmH$p_H$ IMmgmR>r _XVdOmJ. {~Ja Q>[a\$ Cn Am{U

h. BVa `dgm`mVrb Cn1.35 EnrE_Eb-Q>rZo 2011-12 `m {dm dfmgmR>rMm EAmaAma 2005 `m {Z`_mdbrV Am{U

`mVrb VdmZwgma _mS>bm Amho.

EnrE_Eb-Q>rZo ao`wboeg 2005 _ò gm{JV`mZwgma eoAgda {V df 14 Q>Ho$XamZo naVmdm {_i`mMo Vm{dV Ho$bo Amho.

EnrEbEb-Q>rMm gwYm[aV ^mS>dbr IM677.41 H$moQ>r nò Amho.

XrK _wXVr`m H$Omdarb `mO ho ao`wboeg 2005 _ò AYmoaoIrV Ho$bo`m H$OamoIo

Am{U eoAg`m 70:30 _mUmda AmY[aV AgyZ H$Om`m AXmOmZwgma 12.75 Q>Ho$`mO Xo`mMo Vm{dV Amho.

ao`wboeg 2005 _ò Z_yX H$a`mV Ambo`m XamZwgma Ad_y`Z _moO`mV AmboAmho.

EnrE_Eb-Q>r hr ZdrZ nadmZmYmaH$ H$nZr Ag`mZo `mH$S>o H$m`md`Z Am{UXoIm^mbrMm Hw$R>bmhr OwUm IMZmhr. `m_wio _mZ{Z` Am`moJmZo 2005 _ò AYmoao{IVHo$bo`mZwgmaM H$m`md`Z Am{Um XoI^mbrMm IMAXm{OV Ho$bm Amho.

ao`wboeg 2005 Zwgma Zw_`m`m AmYmaoM Ioi`m ^mS>dbmdarb `mO _moO`mV

Ambo Amho. ao`wboeg 2005 _ò Z_yX Ho$`mZwgma H$m{Q>Ogr [aPh {dMmamV Ko`mV Ambo

Amho.

grEgAma ApQ>phQ>rO Am{U B{Z{eE{Q>hO `m`mda hmoUmam BVa IM hm R>moH$d$nmV J{hV Ya`mV Ambm Amho.

{dm df2011-12 `m H$mbmdYrV Am`H$a IMhm _Q> aoQ> 20.01 Q>Ho$ XamZo _moO`mVAmbm Amho.

1.36 EnrE_Eb-Q>r H$nZrbm nwT>rb KQ>H$ bjmV KoCZ 2011-12 `m H$mbmdYrb bmJUmam

EHy$U _hgyb. gmamemV {Xbm Amho :

Q>o~b 2 : {ZÙ H$mbmdYrV bmJUmam dm{fH$ _hgybmMm gmame(H$moQ>r n`mV)

AZw.H$_mH$

KQ>H${dm df 2011-12

1 H$m`md`Z Am{U XoI^mb IM 0.51

2 Ad_ybZ 1.48

3

XrKH$m{bZ ^mS>dbr IMmdarb `Mo5.03

4 Ioi`m ^mS>dbmdarb Am{U JmhH$m`m 0.20


17/17

AOH$OmAmXaUr` Am`moJmbm Aer AmXanydH$ {dZVr H$aVmo H$s:

AmXaUr` Am`moJmbm {dZVr :

`mgmo~V OmoS>bobr {dm df 2011-12 `m H$mbmdYrMr EHy$U _hgybr Amd`H$Vm(EAmaAma) Am{U Q>[a\$Mr EnrE_Eb-Q>rMr {dZVr drH$mamdr.

EnrEbEbZo Vm{dV Ho$bo`m {dm df 2011-12 `m EAmaAma Am{U Q>[a\$~bAm`moJmZo `mo` H$m`md`Z Am{U {dmr` KQ>H$mZwgma `mo` Vo AmXoe mdoV.

Oa `m {dbofUmV H$mhr ~Xb H$amd`Mo Ag`mg Am`moJmZo _Owar Xo`mAJmoXaEAmaAma_`o `mo` Vo ~Xb H$a`mMr nadmZJr mdr.

E_dm`Q>r {dZVr AOmVrb Q>[a\$bm _m`Vm {_i`mg Cera Pmbm Va EnrE_Eb-Q>rbm2011-12 {dm dfmV _Owar Xo`mV Ambo`m EAmaAma`m AmYmao Vmnwa`m d$nmV

2012-13 `m Am{WH$ dfmVhr gmaU ewH$ dgybr gw$ R>od`mMr nadmZJr {_imdr. H$mhr MyH$m/AZmdYmZmZo am{h`m Jmo>r/ An_m{hVr `m~b Am`moJmZo _m\$s mdr

Am{U `mV ~Xb/gwYmaUm/^a/ H$_r A{YH$ H$a`mMr nadmZJr Am`moJmZoEnrE_Ebbm mdr.

Am`moJmbm `mo` dmQ>Vrb Aem BVa H$moU`mhr gyMZm qH$dm AmXoe mdoV.

V` Am{U n[apWVr bjmV KoV AmXaUr` Am`moJmbm Oo `mo` dmQ>Vrb Ago AmXoeAm`moJmZo mdoV.

gwajm R>odtdar `mO

5 BVa IM 0.13

6

AmH$p_H$ IMmMr VaVyX0.28

7 Am`H$a IM 0.34

8 {Z`{V/A{Z`{V KQ>H$mdarbZ`m/VmoQ>mMr AS>OoQ>_|Q>

0.00

9 EHy$U _hgwbr IM7.97

10 eoAa ^mS>dbmdarb naVmdm2.37

11 EHy$U _hgybmMr Amd`H$Vm10.33

12 H$_r : {~Ja Q>[a\$ Cn 0.0013 H$_r : BVa `dgm`mVrb Cn 0.00

14 {H$aH$moi Q>{a\$nmoQ>r {_iUmam EHy$U _hgyb10.33

executive summary_case no 174 of 2011

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