No increase in transmission tariff of KPTCL: KERC
Bangalore, Apr 10 (UNI) Retaining the transmission tariff at 19.42 paise per unit, the Karnataka Electricity Regulatory Commission (KERC) today curtailed the capital investment proposal of Karnataka Power Transmission Corporation Limited (KPTCL) at Rs 1,755 crore as against Rs 2,700 crore sought by the KPTCL.
In its order on KPTCL application for tariff revision, KERC said that it had accepted in toto the various recommendations of the committee set up to examine the capital investment proposal. The commission had prioritised the works and KPTCL should implement the recommendations fully, KERC said in a release here.
KERC had put the Annual Revenue Requirement of KPTCL for the year at Rs 681.46 crore as against the proposed Rs 991.74 crore. The major reduction was in respect of depreciation by Rs 140 crore due to adoption of CERC rates of depreciation and interest on loans by Rs 40 crore due to reduction in capital programme and reduction of advance against depreciation by Rs 88 crore.
The commission had approved a transmission loss of 4.06 per cent as against 4.18 per cent.
The second phase of open access for consumers of five MW and above with voltage of 33 KV and above had come into effect from April one. The Commission had revised the open access charges for transmission payable in cash to Rs 10.5 lakh per MW per year as against the existing Rs 11 lakh per MW per year.
UNI VK GD SBJ VC2010