Reliance Infrastructure Limited

Transcription

1 Reliance Infrastructure Limited Reg. : H Block, 1 st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai Website: PUBLIC NOTICE Objections / suggestions on Reliance Infrastructure Limited Transmission Business (RInfra-T) Petition for approval of Business Plan for the period FY to FY (Case 159 of 2011) 1. The Reliance Infrastructure Limited Transmission Business (RInfra-T) has filed a Petition for approval of Business Plan for the period FY to FY before the Maharashtra Electricity Regulatory Commission under Regulation 7.1 of MERC (Multi Year Tariff ) Regulations 2011 and in accordance with the direction of the Commission in Order in Case 45 of The Commission has admitted the Petition on Thursday, 21 June, 2012 and directed RInfra-T to publish a Public Notice containing the summary of the Petition. 2. RInfra-T was granted a Transmission license by the Commission through Transmission License 1 of 2011 for a period of 25 years w.e.f. August 16, The Transmission System of RInfra-T broadly constitutes Transmission Lines, 220 kv Station Equipments, Buildings, Testing Equipments, etc. The RInfra-T network is connected to the transmission network of Tata Power Company at Borivali and to the network of Maharashtra State Electricity Transmission Company Limited (MSETCL) at Boisar and Borivali. The present structure of the transmission network consists of 220 kv overhead lines measuring up to 500 ckt-kms as of March 31, The network also consists of lines for evacuation of DTPS power and connectivity between the EHV substations either directly with each other or through LILO arrangements. 4. The status of RInfra-T s network as on 31 March, 2012 is as follows: Unit of Measure As on March 31, 2012 Total length of 220 kv line Circuit Kms 500 Total of 220 kv bays Nos. 105 Total of 33 kv bays Nos. 307 Total MVA Capacity MVA In the Business Plan, RInfra-T has made submissions on Strategic Plan and Operational Plan of the company. The Strategic Plan comprises company profile, organisation structure, business overview (Operational and Financial), Vision and Mission statements, key actions to fulfil the vision and mission, human resource development plan, market assessment, SWOT analysis, risk analysis and risk mitigation plan, future business opportunities, environment policy and initiatives and other initiatives. The Operational Plan comprises

2 capital investment plan and element wise ARR estimates, the brief details of which are provided as follows. 6. The capital expenditure and the scheme wise capitalisation proposed by RInfra-T is provided below: Table 1: RInfra-T s Capital Expenditure Plan for FY to FY (Rs. Crore) Sl. 1 Capital DPR Expenditure 2 Non- DPR Capitalisation DPR Non- DPR Table 2: RInfra-T s Scheme wise Capitalisation excluding IDC for FY to FY (Rs. Crore) Sl kv GIS Station Chembur kv GIS Saki EHV Station kv GIS Borivli kv Nagari Niwara kv GIS Gorai EHV Station kv GIS Goregaon EHV Station kv Dahisar Housing EHV Station 8 Refurbishment of 220 kv Transmission Line LILO existing MSETCL Borivli kv EHV Station at Airport kv EHV Station at Golibar Security improvement Civil works T&P Land

3 15 Non DPR TOTAL Based on the proposed capitalisation and estimates of other ARR elements, the proposed ARR is provided below: Sr. Table 3: Aggregate Revenue Requirement of RInfra-T for FY to FY (Rs. Crore) Expenditure 1 Operation and Maintenance Expenses Depreciation, including advance against depreciation Interest on Long-term Loan Capital Interest on Working Capital and security deposits, if any Other Expenses Income tax Contribution to Contingency Reserves A Total Revenue Expenditure B Add: Return on Equity Capital C Aggregate Revenue Requirement Less: Non Tariff Income D Aggregate Revenue Requirement from Transmission Tariff Copies of the following documents can be obtained on written request from the offices of RInfra-T mentioned below: a. Executive Summary of the proposals (free of cost, in Marathi or English) b. Detailed Petition documents along with CD (in English) on payment of Rs. 100/- by Cash/DD/Cheque drawn on Reliance Infrastructure Limited payable at Mumbai. c. Detailed Petition documents (in English) (on payment of Rs. 50/-). d. CD of detailed Petition document (in English) (on payment of Rs. 50/-).

4 : Registered & Head North Division Central Division Address H Block, 1 st Floor, Dhirubhai Ambani Knowledge City, Navi Mumbai Devidas Lane, Off SVP Road, Near Devidas Telephone Exchange, Borivali (W), Mumbai D, Jn of Shanker Lane & S V Road, Kandivali (W), Mumbai Western Expressway, Opp: Patel Aluminium, Dindoshi, Goregaon (E), Mumbai Tele / Fax Tel: Fax: /23 Tel: Fax: Fax: Fax: South Central Division E-4, MIDC, Andheri (E), Mumbai Fax: South Division East Division RNA Corporate Park, Old Kala Mandir, Near Collector s, Bandra (E), Mumbai Near Sahakar Cinema, Tilak Nagar, Road 3, Chembur, Mumbai Fax: Fax: The Commission has directed RInfra-T to invite suggestions and objections from the public on the above Petition through this Notice. Suggestions and objections may be sent to the Secretary, Maharashtra Electricity Regulatory Commission, 13 th Floor, Centre 1, World Trade Centre, Cuffe Parade, Mumbai [Fax: mercindia@mercindia.org.in] by Friday, 3 August, 2012, along with proof of service on Shri. Kapil Sharma, Regulatory Affairs, Reliance Infrastructure Limited, 7th Floor, Devidas Lane, Off SVP Road, Near Devidas Telephone Exchange, Borivali (W), Mumbai Every person who intends to file suggestions and objections can submit the same in English or in Marathi, in six copies, and should carry the full name, postal address and e- mail address, if any, of the sender. It should be indicated whether the suggestion/ objection is being filed on behalf of any organization or category of consumers. It should also be mentioned if the sender wants to be heard in person, in which case opportunity would be given by the Commission at the Public Hearing to be held at Centrum Hall, 1 st Floor, Centre 1, World Trade Centre, Cuffe Parade, Colaba, Mumbai on Thursday, 9 August, 2012 at Hours, for which no separate notice will be given.

5 11. RInfra-T shall reply to each of the suggestions and objections received, within three days of the receipt of the same but not later than Tuesday, 7 August, 2012, for all the objections and comments/ suggestions received till Friday, 3 August, Stakeholders can submit their rejoinders on replies provided by RInfra-T either during the public hearing or latest by Monday, 13 August, The detailed Petition document and the Executive Summary are available on RInfra-T s website and the executive summary is also available on the web site of the Commission in downloadable format (free of cost). Signature (Ramesh Shenoy) Company Secretary Reliance Infrastructure Limited