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Thursday, January 26, 2012

Prima-facie unexplained discrepancies of BSES


Dear RWA Friends,

Please go through the OBSERVATIONS made by DERC on the accounts of various DISCOM's, as below & let us have your most valued comments at the earliest.

The Commission observed from the information provided by BRPL & BYPL upto 19.01.2012, that in the case of BRPL :
  1. revenue collection during April and May, 2011 was as low as 82.36% and 78.44% respectively of revenue billed. 
  2. In April, 2011 revenue collection was only Rs. 175.42 crore which is about 40% of average revenue collected in the other months of FY 2011-12. 
  3. The Commission further observed  that the above and other anomalies need to be examined and explained by the concerned distribution utilities. 
  4. Also, energy billed in April and May, 2011 is about 100 MUs lower than MUs billed in the last year during the same period. 
  5. Further, MUs billed in April 2011 is about 167 MUs lower than the energy sold in March, 2011.
  6. The Commission  also noticed that AT & C losses during first seven months (April to October, 2011) of FY 2011-12 are approximately 27.36% against the target of 15%. 
  7. The collection efficiency during the April to October, 2011 in FY 2011-12 is approximately 92.6% against the target of 99.5%.
The Commission also observed that in the case of BYPL :
1.     revenue collection during April and May, 2011 was as low as 61.37% and 79.24% respectively of revenue billed. 
2.    In April 2011 revenue collection was only Rs. 89.36 Cr. which is about 40% of average revenue collected in other months. 
3.     Further, energy billed in April and May, 2011 is about 60Mus lower than MUs billed in the last year during the same period. 
4.    The Commission further noticed that AT & C losses from April to October, 2011 are approx. 32.28% against the target of 15%. 
5.     The collection efficiency from April to October, 2011 is approx. 89.2% against the target of 99.5%. 

The Commission has also noticed that there are prima-facie unexplained discrepancies in the information relating to power purchase by both BRPL & BYPL. 
  1. The power purchase cost of BRPL in November, 2011 was Rs. 648 Cr. while in April 2011, it was Rs. 297 Cr., thus showing an increase of 117%. 
  2. In case of BYPL, the power purchase cost in Nov. 2011 was Rs. 466.13 Cr. while in April, 2011, it was Rs. 216 Cr., thus showing an increase of 116%. 
  3. The Commission further observed that in case of both the utilities, the power purchase cost during the month shown in one statement and in the cash flow statements do not match.  In addition, the information on  power purchase has not been given in the desired format prescribed by the Commission for April to December, 2011
Please go through the details as above and let us have your valued comments at the earliest.

With best wishes

B S Vohra
East Delhi RWAs Joint Front
( A federation of RWAs )

1 comment:

  1. All 3 companies need to give detailed explanation as to why the billing was lower when the population of city has increased and why the shortfall in collection.

    ReplyDelete