HARYANA ELECTRICITY REGULATORY COMMISSION
SCO 180, SECTOR 5, PANCHKULA 134 109, HARYANA

FILING NO. 1 OF 2001

Date of Order: 30.01.2001

In the matter of Application filed by Haryana Vidyut Prasaran Nigam Limited for extension of time upto 31.01.2001 for filing of Interim Profit and Loss Account for the period from 01.04.2000 to 30.09.2000 in respect of Distribution and Retail Supply Business.

Present:

Shri V. S. Ailawadi, Chairman
Shri R. Chandra, Member
Shri K. S. Chaube, Member

ORDER

This application has been filed by the HVPNL, licensee for seeking extension of time upto 31.01.2001 for filing of Interim Profit and Loss Account for the period from 01.04.2000 to 30.09.2000 in respect of Distribution and Retail Supply Business.

As per clause 8.2 (b) (ii) and 8 (2)(d) of the Distribution and Retail Supply Licence, the licensee HVPNL has to submit the Interim Profit and Loss Account of first six months of the financial year to the Commission not later than three months after the end of the period to which it relates. Thus HVPNL was required to file its Interim Profit and Loss Account for the period from 01.04.2000 to 30.09.2000 upto 31.12.2000.

In the application for extension of time the licensee has mentioned that the Distribution companies have not been able to prepare the Interim Profit and Loss Account and have requested for extension of time.

Mr. M. K. Mittal, CAO, HVPNL appearing on behalf of the licensee has explained that the Interim Profit and Loss Account for the period from 01.04.2000 to 30.09.2000 was compiled in December, 2000 but in view of the order dated 14.12.2000 and 22.12.2000 passed by the Commission some changes in the accounts had to be carried out. Mr. Mittal further submitted that there were some disputes in respect of the energy account between the Transmission and Bulk Supply Companies and Distribution Companies.

The Commission has considered the grounds mentioned in the application for extension of time as well as oral submissions made during the hearing. The grounds mentioned in the application for extension are vague and no cogent reason has been mentioned for not submitting the profit and loss account in time. The Commission feels that this shows laxity of administrative control and it does not speak well of the management of the licensee.  The object of submission of the Interim Profit and Loss Account is defeated if unnecessary delay is made in submitting this important information to the Commission. The submission made by Mr. Mittal that there were some disputes with regard to the actual number of units delivered by the Transmission and Bulk Supply Company to the DISCOMS is also not a valid ground for seeking extension of time for the submission of Interim Profit and Loss Account. Such disputes are normal in the business transactions of the licensee and arise on account of lack of meters to record the energy supplied/received. This cannot be made a ground for non submission of the information which is required under the licence condition. It exhibits lack of seriousness in dealing with these matters on the part of the licensee.

In view of the assurance given by Sh. Mittal that the Interim Profit and Loss Account for the period from 01.04.2000 to 30.09.2000 in respect of Distribution and Retail Supply Business will be filed by 31.01.2001, the Commission allows the application for extension of time for one month upto 31.01.2001.

Dated: 30^th January, 2001

Place: Panchkula