The total expenditure approved by the Commission with respect to the Distribution and retail supply business of UHBVNL for the financial year 2005-06 is Rs.25705.26 million as against Rs. 29539.29 million proposed by the licensee. The details are presented in table 4.7.
Table 4.7 - Total expenditure approved for FY 2005-06 (Rs. in million)
|
Description |
UHBVNL Proposal |
HERC Approval |
|
Expenditure: |
||
|
Purchase of energy |
23553.71 |
21508.93 |
|
Wages, salaries and related costs |
2282.17 |
2260.60 |
|
R&M Expenses |
263.67 |
263.67 |
|
A&G Expenses |
164.96 |
164.96 |
|
Interest cost on borrowings |
||
|
- For capital expenditure |
264.50 |
265.38 |
|
- For working capital |
474.16 |
114.47 |
|
- On Consumer Security Deposit |
12.92 |
12.92 |
|
Finance Charges on a/c of guarantee fee |
5.46 |
5.46 |
|
Depreciation |
997.54 |
913.62 |
|
Bad debts including provisions |
1000.00 |
- |
|
Total Expenditure |
29019.09 |
25510.01 |
|
Special Appropriations: |
||
|
Income Tax/ fringe benefit tax provisions |
160.00 |
160.00 |
|
Instalments of written down amounts (Regulatory Assets written off) |
324.95 |
- |
|
Contribution to Contingency Reserve |
35.25 |
35.25 |
|
Total Special Appropriations |
520.20 |
195.25 |
|
Total Expenditure (including special appropriation) |
29539.29 |
25705.26 |
