Central Electricity Regulatory Commission Cerc Court May 2007 Judgments Home Cases Central Electricity Regulatory Commission Cerc 2007 Page 1 of about 1 results (0.018 seconds)

M.P. Power Trading Company Ltd. Vs. National thermal Power

Court : Central Electricity Regulatory Commission CERC

1. This application was made for review of order dated 16.11.2006 in Petition No. 79/2005, determining the tariff in respect of Kawas Gas Power Station (hereinafter referred to as "the generating station") for the period 1.4.2004 to 31.3.2009 on different grounds.2. The application for review was heard on 22.2.2007 and by order dated 26.2.2007 review was admitted on the limited issue of computation of fuel stock as a component of working capital for the purpose of calculation of interest thereon.3. The Commission in the order dated 16.11.2006 had considered liquid fuel stock for 1/2 month for the purpose of working capital. According to the review petitioner, while doing so, the Commission has considered neither the available storage capacity of Naphtha at the generating station nor the liquid fuel stock as on 31.3.2004. The review petitioner has alleged that the Commission accepted the claim of NTPC Ltd (hereinafter "the respondent") for Rs. 5307 lakh as cost of fuel stock without an...