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ARR-ERC: MYT 2017-18
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Electronics Technology Parks – Kerala (Technopark)
Electricity Distribution Business
AGGREGATE REVENUE REQUIREMENT
&
EXPECTED REVENUE FROM CHARGES
FOR THE
FINANCIAL YEAR
2017-18
ARR-ERC: MYT 2017-18
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BEFORE THE HON’BLE KERALA STATE ELECTRICITY REGULATORY COMMISSION
C.V.Raman Pillai Road, Vellayambalam, Thiruvananthapuram-695010
Date : 22-02-2017 Filing No. : 01/2017
Case No.
IN THE MATTER OF :
Filing of ARR & ERC for the FY 2017-18 ie. the third control
period of the Multiyear i.e 2015-16 to 2017-18.
And
IN THE MATTER OF :
Electronics Technology Parks – Kerala (Technopark) Park Centre, Technopark Campus, Thiruvananthapuram -695581
Applicant
Hrishikesh R Nair Chief Executive Officer
Park Centre, Technopark Campus, Thiruvananthapuram - 695581
ARR-ERC: MYT 2017-18
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BEFORE THE HON’BLE KERALA STATE ELECTRICITY REGULATORY COMMISSION
C.V.Raman Pillai Road, Vellayambalam,Thiruvananthapuram-695010
Date : 22-02-2017 IN THE MATTER OF : Application for approval of projected Aggregate Revenue
Requirement and Expected Revenue from Charges (ARR &
ERC) for the FY 2017-18 the third control period of the
Multiyear i.e 2015-16 to 2017-18.
AND
IN THE MATTER OF: Electronics Technology Parks – Kerala (Technopark)
Park Centre, Technopark Campus,
Thiruvananthapuram -695581
The petitioner named above respectfully submits as under:
1. This application for approval of the Aggregate Revenue Requirement (ARR) and
the Expected Revenue from Charges (ERC) for the financial year 2017-18 is filed
before the Hon’ble Kerala State Electricity Regulatory Commission, (hereinafter
referred as Commission), in accordance with the provisions of the Electricity Act,
2003.
2. This application has been prepared in accordance with the Kerala State Electricity
Regulatory Commission (Conduct of Business) regulations 2003, Kerala State
Electricity Regulatory Commission (Conduct of Business) Amendment
Regulations, 2010 and Fees Amendment Regulations 2014 and terms and
conditions of the Kerala State Electricity Regulatory Commission (Tariff)
Regulations w.e.f 14-11-2014 and the KSERC tariff order dated 14-08-2014. The
relevant provisions of Electricity Act 2003, were also taken into consideration
while preparing this petition.
Applicant
Hrishikesh R Nair Chief Executive Officer
Park Centre, Technopark Campus, Date: 22-02-2017 Thiruvananthapuram - 695581
ARR-ERC: MYT 2017-18
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Table of Contents
Chapter No: Title Page No:
01 Introduction 6
02 Projects Proposed during the Third Year of the Control Period 9
2.1 Projects proposed in Technopark Phase-I campus 10
2.2 Projects proposed in Technopark Phase-III campus 14
2.3 Projects proposed in Technocity campus (Phase-IV) 18
2.4 Projects proposed in Technopark Kollam campus (Phase-V) 18
03 Demand Side Management Activities Proposed in FY 2017-18 20
04 AT&C Losses 21
05 Consumer Mix Estimated for FY 2017-18 23
06 Consumer Category wise Energy Requirement for 2017-18 25
07 Purchase of Power 28
08 O&M Expenses 31
09 Depreciation 33
10 Interest & Finance Charges 34
11 Return on Equity 35
12 Summary of ARR 36
13 Expected Revenue from charges 37
14 Per Unit Realization 40
15 Non –Tariff Income 41
16 Summary of Gross Expected Revenue 41
17 ARR-ERC Comparison 42
18 Revenue Gap &Treatment of Revenue Gap 43
19 Prayer 44
Annexure (Data Forms )
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1. Introduction : Structure of Technopark :
In July 1990, the Government of Kerala conceptualized Technopark as a
facility to foster the development of high-technology industries in the state.
Technopark is an acronym for Electronics Technology Parks – Kerala an
autonomous society under the Department of Information Technology,
Government of Kerala. Technopark's aim is to create infrastructure and
provide support required for the development of high-technology companies.
Its stated mission is to "Provide, Viably, Superior Environment and Services
with Assured Quality of Service to make Technology Businesses Intrinsically
Competitive and Successful, and Promote Regional Development through
Synergistic Linkages between Industry, Government and Academia, based on
Continuous Improvement and Innovation".
Electronics Technology Parks – Kerala (TECHNOPARK) is registered under the
Travancore-Cochin Literary and Scientific Charitable Societies Act 1990
providing infrastructure and support services to IT/ITES companies in the
state. The Government of Kerala as per GO (P) No. 19/99/PD dated
12.7.1999 granted Licensee status to M/s. Electronics Technology Parks-
Kerala (TECHNOPARK), Technopark campus, Thiruvananthapuram 695 581
(Electrical License 1/1999) for supplying electrical energy to various
establishments within the TECHNOPARK campus. Technopark is an
autonomous society of Govt. of Kerala providing employment to over 30,000
professionals. Electricity is the main requirement of the IT industry.
Technopark is the IT hub of the State of Kerala, and based in Trivandrum
which can rightfully claim to be the knowledge capital of the region.
Technopark provides world class, robust and failsafe physical, power and
datacom infrastructure, offering a no compromise yet low cost enabling
environment for IT industry that is leveraged by its occupant companies for a
competitive advantage. Technopark aims to provide all the infrastructure and
support facilities needed for IT/ITES and electronics companies to function. In
addition to built-up office space, it also provides all utilities as well as the data
connectivity. This is done either directly or through private partners. In
addition, Technopark provides business incubation facilities for start-up firms
as well as some social infrastructure for the personnel working in the park.
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Technopark is the first CMMI Level 4 assessed Technology Park. Spread over
156 acres (Technopark Phase-I campus), and about 4.5 million sq.ft. of built-
up space, Technopark hosts over 225 IT and ITES companies, including 6
CMMI Level 5, 2 CMMI Level 3 and several ISO 9000 certified companies,
employing over 30,000 IT Professionals. The select list of companies working
at Technopark include TCS, Infosys Technologies ,Oracle India Pvt Ltd, Ernst
& Young, Allianz Cornhill ,UST Global, IBS, Suntec, NeSt, RR
Donnelley&Co.,ICON, Collabora, RMESI, Alamy Images, Saudi Engineering
Group, Toonz Animation, HCL, Speridian Technologies, Satmetrix,
Revenuemed, Accentia, Tata Elxsi etc.
Technopark has the best of nature's environment complemented by the most
modern man-made facilities. Quality environment, international standard
infrastructure, a comprehensive umbrella of support services, a significant
cost advantage, and easy access to excellent human resources and
remarkable ease of starting up make Technopark, Trivandrum India's most
promising IT destination.
Technopark is currently on an expansion mode by adding another 93 Acres as
part of Phase III expansion, 40 acres as Technopark Kollam and 450 acres as
Technocity—an integrated IT township near Pallippuram. The policy of
economic liberalization initiated by the government of India in 1991 and the
rapid growth of the global software industry during the 1990s substantially
contributed to the growth of Technopark.
The units in Technopark include domestic firms, joint ventures and
subsidiaries of foreign companies engaged in a wide variety of activities,
which include embedded software development, smart card technology,
enterprise resource planning (ERP), process control software design,
engineering and computer-aided design software development, IT Enabled
Services (ITES), process re-engineering, animation and e-business.
Technopark is owned and administered by the Government of Kerala and is
headed by a Chief Executive Officer. In addition to this, it has a Governing
Council and a Project Implementation Board, both of which include top
officials of the government. Administrative offices, including that of the CEO,
are housed in the Park Centre building.
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Technopark Phase-II campus is leased out to M/s UST Global and M/s Infosys
Technologies Ltd. M/s Infosys has already started their operation from this
campus.
Technopark Phase-III campus is adjacent to Technopark Phase-I campus.
Technopark has already constructed a 1 million sqft IT building in this
campus, operation of IT/ITES clients had already been commenced from this
building.
As a hub and spoke model of development, Technopark is developing a
separate IT campus in the neighboring district Kollam. This campus has an
area of about 44 Acres and is known as Technopark Kollam. Technopark has
already constructed a 1lakh sqft IT building in this campus and operations has
been started.
Technopark is constructing the Technocity project which is around 5kms north
of the present campus. This campus is envisaged as an integrated township
consisting of IT/ITES industries and will be the largest development project
undertaken by Technopark. The total area of the campus will be around 450
Acres.
This is the thirteenth ARR-ERC petition filed by Technopark and is the third
petition under the multi-year tariff scheme.
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2. Projects Proposed during the Third Year of the Control
Period. (Capital Investment Plan for the Third Year of the
Control Period)
Technopark was granted electricity distribution licensee status by the Govt. of
Kerala during 1999 for the main campus of Technopark ie. Technopark Phase-
I campus. The licensee status was extended to the Technopark Phase-II & III
campuses which is adjacent to the main campus of Technopark by Hon’ble
Commission during the year 2008. Extension of the licence area to Technocity
campus (Technopark Phase-IV) at Pallipuram was granted by Hon’ble Kerala
State Electricity Regulatory Commission during the year 2009. Technopark
Kollam campus situated at Mulavana village in Kollam district was also
granted distribution licensee status during the year 2010 by Hon’ble
Commission.
In all the campuses of Technopark as mentioned above, the power
infrastructure required for the distribution of electricity to the consumers is
implemented by Technopark and the operation and maintenance of the
installations are also carried out by Technopark. Technopark Phase-I campus
is fully developed and contains over 700 consumers. In order to facilitate the
growth of IT/ITES industry in the neighboring campuses viz. Phase-II/III/IV
and V, Technopark need to make investment and implement projects in a
proactive manner to benefit the prospective industries.
Hon’ble Commission please consider the following projects as the capital
investment plan of the licensee during the second control period. Some of the
projects mentioned were also featured in the previous ARR-ERC’s filed by the
licensee but has not been started yet.
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2.1 Projects proposed in Technopark Phase-I campus.
Technopark Phase-I campus is spread over 156 Acres. There is a well-
established power distribution system for supply of power to various
consumers in the campus. Presently, Technopark has a power purchase
agreement with KSEB for a contract demand of 15 MVA and the recorded
power demand is around 15 MVA. Technopark receives electricity through
four 11 kV feeders from 110 kV substation for distribution within the
Technopark campus. The substation is operated and maintained by Kerala
State Electricity Board (KSEB).
2.1.1 Augmentation of existing power transmission system of KSEBL for
catering the additional power requirements of Technopark
Campuses.
Presently, Technopark has a power purchase agreement with KSEB for a contract
demand of 15 MVA for phase-I and 5 MVA for phase-II & III campuses
respectively. At present the recorded power demand of phase-I campus is
around 15 MVA and for phase-II & III campuses is around 1.5 MVA. Technopark
phase-I campus avails power from KSEBL through 4 No’s 11kV feeders and
metering point is at EHT side. Technopark phase-III substation avails power at
110 kV voltage level from the Kazhakoottam – TERLS overhead line passing
through the phase-III campus.
Technopark phase-I campus is undergoing a final expansion stage.
Co-developers like TCS, TATA ELSXI, Leela Infopark, IBS, Amstor, M-squared
building etc. are expanding their campuses. All these expansion works inside
Technopark phase-I campus requires additional power during it’s operational
phase. The existing contract demand with KSEBL for Phase-I campus is not
sufficient to cater the additional power requirement. Hence we have approached
KSEBL for enhancing the contract demand by 3 MVA, in order to meet the
immediate requirement. As a result of various meetings and persistent follow up
with KSEBL, board has considered our request and accorded in principle approval
for 3 MVA power allocation to phase-I campus subjected to the condition that
the existing transmission system to the 110 kV substation Kazhakoottam need to
be strengthened.
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Technopark phase-II & III campuses are also in a rapid expansion mode.
Considering the current expansion of projects in Technopark Phase-II & III
campuses, we had requested KSEBL to enhance the existing power demand of
110 kV substations at Technopark phase-III campuses from 5 MVA to 8 MVA for
meeting the power requirement in future.
Considering our request KSEBL has informed that in order to allocate additional
power demand for Technopark, strengthening of incoming feeder from 220 kV
substation Pothecode to 110 kV substation Kazhakoottam is required because the
existing overhead line didn’t have the sufficient capacity to cater the additional
power demand of Technopark so as to satisfy the redundancy criterion as
informed by KSEBL. Therefore KSEBL proposed laying of new 110 kV UG cable
from Pothecode substation to Kazhakoottam substation as a dedicated feeder for
meeting the additional power requirement of Technopark campuses. For
Technopark phase-II & III campuses, KSEB proposed laying of 110 kV UG cable
from Kazhakoottam substation to Technopark phase-III substation since the
existing Kazhakoottam – TERLS overhead in which the Technopark phase-III
substation is connected presently will not have sufficient capacity to cater the
additional power demand of phase-III substation, for the new projects in phase-
II&III campuses.
The upcoming development in Technopark Phase-I, II & III campuses require
additional power. The present average power demand of Technopark campuses
are as follows
Sl. No: Campus Existing contract
demand with
KSEBL
Average demand
observed in this
financial year
01 Technopark Phase-I
campus
15000 kVA 15224 kVA
02 Technopark Phase-II&III
campuses
5000 kVA 3206 kVA
The maximum demand of Technopark Phase-I campus has exceeded the
contract demand executed with KSEB. Due to the expansion activities happening
in these campuses, the power demand is expected to rise. Also as informed by
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KSEBL, the power connection for Technopark Phase-III 110kV substation is
provided on a temporary basis. KSEBL has directed to execute the work in order
to regularize the connection and for enhancement of power demand.
We have requested KSEB to prepare and submit a detailed estimate for the
augmentation of existing power transmission system of KSEB for catering the
additional power requirement of Technopark Campuses. Accordingly KSEB has
furnished the estimate and agreed to carry out the works under work deposit
scheme. The total amount estimated by KSEBL comes to Rs. 58.17 crores. The
main project scope is as follows.
Laying of 6.5 km, 110 kV UG cable in 4 runs from 220 kV substation
Pothecode to 110 kV substation Kazhakoottam including its take off
arrangement at Pothecode substation.
Construction of four feeder bays at 110 kV substationKazhakoottam,
construction of single bus with sectionalizer for feeding four feeder bays
with future transformer bays in the newly acquired land of 1.77 acres.
Laying 3.5 km of 110 kV single circuit UG cable from 110 kV substation
Kazhakoottam to 110 kV substation Technopark phase-III including its
take off arrangements at Kazhakoottam substation.
Interlinking of newly constructed bay with existing transfer bus at 110 kV
substation Kazhakoottam and capacity enhancement of 2 x 12.5 MVA
transformer to 2 x 20 MVA.
Technopark has requested KSEBL vide letter dt: 08th December 2015 to revise
the estimate considering the following.
1. Service tax component to be imposed for labor portion of the work alone.
2. Reducing the size of 110kV UG cable from 630sqmm to 500sqmm as the
630sqmm would be oversized considering our power demand.
3. Deleting additional run (fourth run) of 110kV UG cable from the estimate.
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4. Cost of land need not be included in the estimate.
KSEBL had revised and reworked the estimate and the estimate amount came to
Rs. 60.90 Crores.
Present status of the work/ project:
Technopark had remitted the entire amount to KSEBL for carrying out this work
under the work deposit scheme. The entire amount for this project was met
through Govt. Grant.
2.1.2 Replacement of EHT metering equipment at 110kV Substation
Kazhakuttom for facilitating open access.
Technopark plans to replace the existing metering system at 110kV substation
Kazhakuttom from which the power supply for Technopark Phase-I campus is
obtained. The ABT (availability based tariff) metering system is a pre requisite
for procurement of power through power exchanges and also for sourcing
renewable energy for meeting the renewable purchase obligation. The estimated
cost of the work would be around Rs. 20.00 lakhs. The work is proposed to be
carried out through KSEBL under the work deposit scheme. Hon’ble Commission
may please accord approval for carrying out this work.
2.1.3 Purchase of Insulation resistance tester (Megger).
An Insulation Resistance Tester (Megger) is proposed to be purchased for testing
the IR values of various electrical equipment. The cost of the instrument
proposed to be purchased would be Rs. 3 lakhs. The testing equipment would be
highly useful for identifying faults in HV cables and other equipment. Approval
may please be accorded for the purchase.
2.1.4 Purchase of electrical live cable locator.
An underground electrical live cable locator is proposed to be purchased for
maintenance works. The cable locator will be able to identify the presence of
buried HV cables upto a depth of 5 feet. The cable locator will be of great utility
to the maintenance department of Technopark. Damages caused to the live
cables during excavation works could be avoided by using the cable detector.
Hon’ble Commission may please accord approval for the purchase.
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2.2 Projects proposed in Technopark Phase-III campus
Technopark Phase-III Expansion is one of the ambitious projects of
Technopark. 93Acres of land adjacent to the existing Technopark Phase-I
campus is being developed. Special Economic Zone status has already been
obtained for 26 Acres of land. Technopark has already constructed a 1 million
sq.ft IT building in 9 Acres SEZ land. The total capital outlay of the project is
around Rs. 260 crores and the funding for the project is through a consortium
of three banks. The Total power requirement of IT building constructed by
Technopark will be around 6MVA.
SEZ/ Non SEZ plots of varying acreage is allotted/ being allotted to IT/ITES
co-developers. Technopark has implemented 11kV Ring Main distribution
network in the campus which will supply power to various IT/ITES companies
including the IT building constructed by Technopark. The power for all
establishments inside the campus will be supplied from the 110kV substation
Technopark Phase-III.
2.2.1 Civil works for augmentation of 110kV substation in Technopark Phase-III.
The existing 110kV substation Technopark phase-3 building needs to be
expanded in order to install the additional 11kV HT panels for expansion of the
power distribution system to the south and south east side of the campus. This
work is a prerequisite for the capital work as mentioned below in 2.2.3. The total
cost of this work is Rs. 19.69 lakhs. We request Hon’ble Commission to approve
this work.
2.2.2 11kV Power Distribution System at the South and South East side of
Technopark Phase-III campus.
Technopark Phase-III is having a total land area of around 95 Acres. The total
land area is subdivided into various SEZ and Non SEZ land parcels. A 11kV power
distribution system has already been established in the North Eastern side of the
campus which is operational at present. The Ganga/ Yamuna IT building is
connected with this system. The power distribution system for the land having
area around 48 acres in the south and south east side of the Technopark phase-
3 campus was not implemented at the initial stage as the demarcation of plots
was not done. Now, this stretch of land is divided to eight SEZ and five Non SEZ
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plots and will be allocated to the various stake holders. In order to provide a
reliable and uninterrupted power source to these land parcels a 11kV power
distribution system is required.
Ring main distribution system is proposed having N-1 reliability level in an open
ring configuration. Ring Main Units (RMU’s) will be installed near the plots from
which the consumers can draw power to their premises. Single core aluminum
conductor cables having an area of cross section of 500 sqmm will be used for
conveying power from the 110KV substation Phase-III to individual ring main
units.
Justification for the project and estimated cost:
The land development works for the south east portion of Technopark Phase-III
campus will be commenced soon. The allotment of land parcels to stakeholders
is also progressing. Power distribution system need to be implemented for
commencing the activities of the IT/ITES stake holders and in the marketing
point of view for leasing out of the land parcels. The estimated cost of
constructing two ring feeder circuits which will feed to seven extensible type
RMU’s comes to Rs. 2.65 crores. This project is expected to be tendered during
the financial year 2017-18. We request Hon’ble Commission to accord approval
for this project.
Present status of the work/ project:
The e-tendering for the above project is proposed to be carried out during the financial year 2017-18.
2.2.3 SITC of HT panels at 110kV Substation Technopark Phase-III campus.
The supply installation testing and commissioning of 11kV panels is an integral
part of the 11kV Power Distribution System at the South and South East side of
Technopark Phase-III campus project. The addition of 11kV panels to the
existing 11kV panels need to be carried out initially for connecting the 11kV
power distribution system. Spare 11kV feeders in the panel are exhausted and
the existing consumers viz. M/s Infosys Technologies and M/s UST Global are
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expanding. The IT/ITES stake holders will require additional 11kV feeders for
meeting their power requirement in future.
Justification for the project and estimated cost:
1. For providing power supply source for 11kV ring main power distribution
system which is proposed to be set up at the South and South East side of
Technopark Phase-III campus.
2. For providing spare 11kV outlets for supplying power to IT/ITES stake
holders in Technopark phase-II campus.
The estimated cost of this project is Rs. 41.30 lakhs.
Present status of the work/ project:
This project has been tendered through the e-tendering portal of the Govt. of
Kerala. The e-tender has been opened and is under evaluation stage. This work
is expected to be awarded to the technically qualified lowest bidder during the
financial year 2017-18.
2.2.4 Grid Connected Solar Photo Voltaic Plant at Technopark Phase-III campus.
A Grid Connected Solar Photo Voltaic Plant is proposed to be constructed at
Technopark Phase-III campus. The project is conceived as an initiative to meet
the renewable purchase obligation and as a green initiative of Technopark. The
capacity of the plant proposed is 200kWp and the plant is proposed to be set up
jointly through Anert. The total capacity of 200kW has been reached by adding
two separate PV Power Plants of 100kW each at the roof-tops of the Ganga/
Yamuna IT buildings in Technopark Phase-III campus. M/s ANERT has already
completed the pre-feasibility study for the project and submitted us the project
details as follows.
1. Type : On-Grid Solar Photovoltaic Power
Plant
2. Total PV module capacity : 200kWp (100kWp+100kWp)
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3. Estimated annual energy generation : 325.6 MWh/year
4. Specific production expected : 1632kWh/kWp/Year
5. Available shade free roof top area : 2000 sqm
6. Type of solar PV module : Crystalline Silicon (C-Si)
7. Inverter/ PCU : On-Grid
Justification for the project and estimated cost:
1. The energy generated from the solar photovoltaic power plant will be
utilized for meeting the renewable purchase obligation of Technopark.
2. The project will provide impetus to the green initiatives of Technopark.
3. The dependence on the KSEB power will be reduced.
4. The project will be helpful to earn LEED points for green building rating
system.
The estimated cost of the project including the consultancy charges for M/s
ANERT based on the MNRE norms comes to Rs. 1.7 Crores. We request Hon’ble
Commission to accord approval for implementation of this project.
Present status of the work/ project:
This project has been tendered through the e-tendering portal of the Govt. of
Kerala. The e-tender has been opened and is under evaluation stage. This work
is expected to be awarded to the technically qualified lowest bidder during the
financial year 2017-18.
2.2.5 Replacement of EHT metering equipment at 110kV Substation Technopark
phase-III for facilitating open access.
Technopark plans to replace the existing metering system at 110kV substation
Technopark Phase-III from which the power supply for Technopark Phase-III
campus is obtained. The ABT (availability based tariff) metering system is a pre
requisite for procurement of power through power exchanges and also for
sourcing renewable energy for meeting the renewable purchase obligation. The
estimated cost of the work would be around Rs. 20.00 lakhs. The work is
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proposed to be carried out through KSEBL under the work deposit scheme.
Hon’ble Commission may please accord approval for carrying out this work.
2.3 Projects proposed in Technopark Kollam (Technopark Phase-V) campus
Kerala State Electricity Regulatory Commission has extended the electricity
distribution license for Technopark, Kollam.Technopark as part of the hub and
spoke model of development is expanding its activities to Kundra, Kollam,
which is 63 km away from the TechnoparkTrivandrum Campus. This is to tap
the Kerala's unique advantage of uniform talent distribution, Infrastructure
and supporting IT platforms, e.g. telecom, datacom and digital exchanges,
excellent infrastructure availability and back-up support. Technopark Kollam is
located in 44.46 acres of prime land beside scenic Kanjirode Lake. This park is
being developed as a Special Economic Zone.
A receiving substation of 12.5 MVA capacity is set up in the campus. Power
will be drawn from the Kundara substation of KSEB at 110 KV and will be
stepped down to 11 KV. Technopark also ensures 100% back up power
arrangement.
Power for IT/ITES companies inside the campus will be supplied from the
110kV substation. The power will be conveyed to the 110kV substation
through 110kV EHV UG Cables. No projects are proposed in the third year of
the control period at Technopark Kollam campus.
2.4 Projects proposed in Technocity (Technopark Phase-IV) campus
The Technocity project which is purported to be the State's biggest IT
infrastructure project was officially launched on 05thJune 2010. Technocity is
proposed to be developed as an integrated township on 451 acres, and will
encompass IT, ITeS infrastructure as well as residential, commercial facilities
in addition to public service and educational institutions.
The creation of the integrated facilities would entail a capital outlay of Rs
5,000-8,000 crore spread over 7-10 years. This development has been
planned in the public-private partnership (PPP) model in association with
technically and financially competent private developers. There would be
multiple partnerships in association with developers of varying financial
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capabilities for various parcels of land within the 451-acre campus. The entire
project will be implemented through multiple special purpose vehicles in
conjunction with leading developers.
2.4.1 Construction of 110kV Air Insulated Substation for Technocity
The initial power demand in Technocity campus is proposed to be met by setting
up an EHV main receiving substation. Instead of the conventional 110/33 kV or
110/11 kV substation 110/33/11 kV Substation is proposed due to the following
reasons.
The land parcels proposed by stakeholders of Technocity varies from
large to small land parcels which calls for varied power demand which
ranges from 11kV to 33kV.
As per the Kerala Electricity Supply Code, up to 3 MVA, power shall be
given at 11kV voltage level and beyond 3MVA up to 12MVA power shall
be given at 33kV voltage level. Therefore, the distribution of power
inside Technocity is to be done at 11kV and 33kV voltage levels.
The Substation will be equipped with 1 Nos. of 110/33kV, ONAN power
transformer of capacity 20MVA and 1 No. 110/11kV; ONAN power transformer
of capacity 20MVA. The total estimated cost for the construction of 110kV Air
Insulated Substation for Technocity is Rs. 16.11 Crores.
Justification for the project:
1. This substation will be the main receiving substation for the Technocity
campus.
2. The construction of substation and laying of EHV UG cables from KSEB
substation at Pothencode need to be completed for providing power supply
to IT/ITES clients in the campus.
3. The substation needs to be established in order to commence the
construction activities of various stakeholders in the campus.
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3. Demand Side Management Activities Proposed during FY 2017-18
Demand side management provides a range of technical, organizational and
behavioral solutions to cut or decrease electricity consumption and demand
side management is necessitated due to the steep rise in power consumption
during peak hours, to improve the quality and reliability of power supply and
to mitigate the impact of rising tariffs. Technopark aims to improve final
electricity-using systems, reduce consumption, while preserving the same
level of service and comfort.
3.1 Replacement of existing CFL street lights with LED street lights and
Installation of new LED street lights in Technopark Phase-I campus.
The internal roads in the Technopark Phase-I campus spans over 4.5 km.
Most of the existing street lights in the campus are CFL/ Metal halide/ Mercury
vapor type. The street lighting load will be added to the system during the
peak usage hours and continues through the off peak hours till dawn. By
changing the conventional luminaires having high power consumption with
low power consuming LED luminaires with same or better luminous efficacy,
the street lighting power demand during the peak hours could be reduced and
energy consumption could be achieved. Technopark has taken steps to
convert the existing conventional luminaires with low power consuming LED
luminaires for better demand side management.
3.2 Conducting awareness programmes for minimizing the energy wastage.
Awareness programme are planned to be conducted in the coming financial
year for educating the consumers in order to minimize energy wastage in the
customer’s premises. Leaflets will be distributed explaining various measures
like usage of star rated equipment, proper energy usage practices etc.
Through these activities we aim to alert the consumers about the energy
wastage occurring in their office premises and providing solutions to avoid
energy wastage.
ARR-ERC: MYT 2017-18
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4. AT&C LOSSES
The aggregate losses of the system are subdivided into technical and
commercial losses. The technical losses consists of the losses in the
transmission and distribution network, losses in transformer and other
electrical equipment whereas commercial losses includes losses due to
incorrect metering, billing errors, tampering of meters, sluggish meters etc.
All the electromagnetic type energy meters fitted in EB feeders in Technopark
phase-I campus are replaced with more accurate electronic energy meters/
Trivector meters for accurate measurement of energy consumption.
Technopark has 5 No’s power transformers in 110kV substations and over 60
distribution transformers in service inside the campus which are installed by
Technopark/ other co-developers. Considerable amount of energy losses
occurs in these transformers. Also losses occur in UG cables and other LT
cables, switchgear equipment etc. however it is low compared with the
transformation losses. True losses in percentage for different years are given
below.
Hon’ble Commission may please note that the T&D losses has been estimated
realistically based on the actual losses observed in the campuses of
Technopark. A reduced T&D loss target may be practically unachievable due
to various system constraints.
A technical team has been constituted with officials from Electrical
inspectorate, Energy Management Center, Certified Energy Auditor and
resident engineers of licensee concerned for a fresh study on revision of limit
of the quantum of transmission loss allowable to the distribution licensees in
the state. Based on the study a meeting was held by Secretary (Power) on
06-08-2015 to discuss about the limit of transmission loss allowable to the
distribution licensees. The losses allowable to Technopark were fixed at
6.17% based on the technical study conducted.
Year 2013-14 2014-15 2015-16 2016-17 2017-18
% A T & C Losses
6.54 5.79 5.76 3.83 3.83
Table -1
ARR-ERC: MYT 2017-18
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Year 2012-13 Actual
2012-13 Approved
2013-14 Actual
2013-14 Approved
2014-15 Actual
% A T & C Losses
5.79
4.00
6.54
3.8
6.12
The chart indicating the distribution losses during the control period is shown
below.
Chart-1
As seen from the chart given above the distribution losses is showing a
decreasing trend. The AT&C loss projected for FY 2017-18 is only 3.83% which is
lower than the distribution loss in the previous years. Hon’ble Commission may
please approve the distribution losses projected by Technopark for the FY
2017-18.
6.54
5.79 5.76
3.83 3.83
0
1
2
3
4
5
6
7
2013-14 2014-15 2015-16 2016-17 2017-18
Distribution loss
Distribution loss
ARR-ERC: MYT 2017-18
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Consumer Mix Estimated for FY 2017-18
The consumer mix proposed for FY 2016-17 and 2017-18 and as per the
latest schedule of tariff is as follows which indicates percentage share of each
category and the details are given below.
Tariff Category FY 2016-17 FY 2017-18
No's % No's %
LT IV A (Industrial) 34 4.67 34 4.28
LT IVA (Industrial) 10kW<CL<20kW
2 0.27 2 0.25
LT IV A CL> 20 kW 5 0.69 8 1.01
LT IV B IT/ITES CL< 10kW 133 18.27 161 20.25
LT IVB IT/ITES 10kW<CL<20kW 50 6.87 64 8.05
LT IV B IT/ITES CL > 20 kW IT & ITES
204 28.02 211 26.54
LT VI A General 1 0.14 1 0.13
LT VI B General 9 1.24 9 1.13
LT VI C General 1 Phase or 3 Phase
36 4.95 36 4.53
LT VI F General 1 Phase 38 5.22 38 4.78
LT VI F General 3 Phase 38 5.22 38 4.78
LT VII A Commercial (1 ph) 63 8.65 71 8.93
LT VII A Commercial (3 ph) 75 10.30 82 10.31
LT VII B Commercial 15 2.06 15 1.89
HT-IB IT/ITES 17 2.34 17 2.14
HT-II Non Industrial/ Non Commercial
1 0.14 1 0.13
HT-IV Commercial 1 0.14 1 0.13
Self-Consumption 3 0.41 3 0.38
Street Lighting 3 0.41 3 0.38
Table -3
It may be noted that the maximum number of consumers are from the LT
industrial IT/ITES category, these consumers along with the IT/ ITES consumers
under the HT category are the mainstay of the licensee. Consumers coming
under self-consumption are Technopark phase-I campus, 110kV substation
Technopark phase-III and Technopark Kollam campus. The total share of non IT
consumers in the consumer base is 47%. The consumer mix proposed for FY
2017-18 is graphically depicted below.
ARR-ERC: MYT 2017-18
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34
2 8
161
64
211
1 9
36
38
38
71
82
15
17
1 1
3
3
Consumer Mix (FY 2017-18) LT IV A (Industrial)
LT IVA (Industrial)
10kW<CL<20kW
LT IV A CL> 20 kW
LT IV B IT/ITES CL< 10kW
LT IVB IT/ITES 10kW<CL<20kW
LT IV B IT/ITES CL > 20 kW IT &
ITES
LT VI A General
LT VI B General
LT VI C General 1 Phase or 3
Phase
LT VI F General 1 Phase
LT VI F General 3 Phase
LT VII A Commercial (1 ph)
LT VII A Commercial ( 3 ph )
LT VII B Commercial
HT-IB IT/ITES
HT-II Non Industrial/ Non
Commercial
HT-IV Commercial
Self-Consumption
Street Lighting
ARR-ERC: MYT 2017-18
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5. Consumer Category wise Energy Requirement for 2017-18
Projection of consumption and demand is made taking into consideration the
increase in power consumption due to the existing consumers and power
consumption expected due to the addition of new consumers. The
Technopark Phase-I Campus is almost saturated so new consumers expected
for FY 2017-18 is less. Consumer growth is happening in IT buildings inside
Technopark Phase-I Campus like leela Infopark building. TATA consultancy
services is setting up their software development centre in 25 Acres of SEZ
land in Technopark Phase-I campus. The construction works of TCS campus is
expected to be completed in financial year 2018-19. Only a part of the final
demand projected for TCS campus is considered to project their consumption.
The 1 million sqft IT building constructed by Technopark in phase-III campus
is almost fully occupied. This IT building is a multi-tenant facility. Over sixty
IT/ITES consumers have already started their operations from the building.
The power consumption of new consumers expected in this building is also
considered for projecting the energy requirement. The construction of 1-lakh
sqft IT building in Technopark Kollam was also completed. IT/ITES consumers
have already started operations from this building.
The expected consumption of consumers from various categories is tabulated
as follows. Majority of the consumers and energy consumption is happening
in the LT category of consumers. The consumer strength of HT consumer
category is very less when compared with the LT consumer category,
however around one third of the overall energy consumption is from these
category of consumers. 96.31% of energy in the HT category is consumed by
IT/ITES industrial consumers. Consumption of Non-Industrial/ Commercial HT
categories is less.
More than 90% of the consumption in the LT category is by IT/ITES industrial
consumers, out of this 80% of the consumption are by consumers having
power demand over 20kW. Self-consumption/ Auxiliary consumption of the
licensee is only 1 % of the total consumption of LT consumers.
ARR-ERC: MYT 2017-18
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The consumer categories have diversified as per the new tariff schedule. For
the LT IT/ITES consumers TOD tariff is considered for the consumers having
a connected load of 20kW or above.
The estimated load growths of different categories of consumers in different
phases are given in table below.
Load in kVA 2016-17 2017-18
LT HT LT HT
Phase I
123 - 190 500
Phase II
- - - 500
Phase III
125 - 192 -
Phase IV
- - - -
Phase V
96 - 168 -
Total (kVA) 344 - 550 1000
Table-4
The energy consumption during 2016-17 and the projected energy
consumption of different categories of consumers for the period 2017-18 are
as follows.
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Category Energy Consumption
in Lakhs Units
HT 2015-16 (Actuals)
2016-17 (Estimated)
2017-18 (Projected)
HT I (IT & TES 295.72 362.92 373.81
HT -2( Non-Industrial Non Commercial)
3.09 3.09 3.19
HT -4 ( Commercial) 7.44 7.44 7.68
HT Sub Total 306.24 373.45 384.68
LT IV A (Industrial) 0.05 1.82 1.91
LT IVA (Industrial) 10kW<CL<20kW 0.20 0.25 0.26
LT IV A CL> 20 kW (Industrial) 4.40 4.35 4.57
LT IV B IT/ITES CL< 10kW 9.04 11.21 12.34
LT IVB IT/ITES 10kW<CL<20kW 15.28 20.76 22.84
LT IV B IT/ITES CL > 20 kW IT & ITES 392.94 413.68 455.05
LT VI A General 0.12 0.15 0.16
LT VI B General 1.25 1.23 1.29
LT VI C General 1 Phase or 3 Phase 2.55 2.87 3.02
LT VI F General 1 Phase 0.77 1.04 1.09
LT VI F General 3 Phase 10.38 3.47 3.65
LT VII A Commercial (1 ph ) 1.08 1.03 1.13
LT VII A Commercial (3 ph) 8.10 8.53 9.38
LT VII B Commercial 0.18 0.16 0.17
Self-Consumption 2.53 2.52 2.64
Street Lighting 2.79 3.42 3.59
LT Sub Total 451.66 476.49 523.09
Total 757.90 849.94 907.77
Table-5
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6. Purchase of Power
The power demand and energy requirement for different years are projected
based of the previous year consumption, the growth in consumption of
existing consumers and the estimated consumption of new consumers. The
forecasted values are as follows.
Period Power
Demand in kVA
Energy in
Lakhs kWh
Demand
charges rate :
Rs/kVA
Demand
charges : Rs in
Lakhs
Energy
Charges Rs /kWh
Energy
Charges Rs in
Lakhs
Total Cost
Rs in Lakhs
2015-16 240396 804.00 300 680.12 4.85 3899.37 4598.96
2016-17 (Revised)
256359
884.00
300
846.00
4.85
4332.82
5178.81
2017-18 (Projected)
274664
947.00
300
906.39
4.85
4746.91
5653.30
Table – 6
It may be noted that Hon’ble Commission had approved the PPA between
Technopark and KSEBL for availing power to the extent of 1.6 MVA for
Technopark Kollam Campus. Therefore, it is assumed that the operation of
110kV substation will commence from the start of next financial year onwards
and the present bulk supply tariff is applied for estimating the power
purchase requirement for Technopark Kollam campus.
Hon’ble Commission has informed the renewable purchase obligation target to
be achieved by Technopark and other. Technopark plans to achieve this in a
stage wise manner. The total requirement of Non-Solar REC’s for meeting the
RPO for the FY 2015-16 was 3031 No’s. Technopark had purchased the Non-
Solar REC’s for fulfilling the Non-Solar renewable purchase obligation for FY
2015-16 and forwarded the same to Hon’ble Commission. The actual cost
incurred for purchasing the Non-Solar REC’s for FY 2015-16 to meet the
obligation is accounted under the power purchase expenses for 2016-17 as
the purchase is made during the FY 2016-17. The estimated RPO for
Technopark for FY 2016-17 would be 38.24 lakh units out of which 3.82 lakh
units would be Solar RPO and 34.42 lakh units would be non-solar RPO. The
cost of meeting the RPO for FY 2016-17 through purchase of REC’s is
estimated to be Rs. 64.27 lakhs and the purchase of certificates is planned in
the financial year 2017-18.
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The phase wise power purchase expenses are given in the table below.
Phase wise power purchase expenses for FY 2016-17
The tariff used for estimation of power purchase expenses during FY 2016-17
is bulk supply tariff of Technopark ie. Rs. 4.85/unit and Rs. 300/kVA for
Technopark Phase-I/II and III campuses and Rs. 5.9/Unit which is the
average of HT-IB IT/ITES and HT II (B) General for Technopark Kollam.
Financial Year 2016-17
Campus
Max.
Demand (In
kVA)
Energy
Received
(In lakhs
Units)
Total
annual fixed
charges
(Rs. Lakhs)
Total
Variable
Charges
(Rs. Lakhs)
Total cost of
energy
received (Rs.
Lakhs)
Technopark Phase-I 183897.00 662.03 606.86 3210.82 3817.68
Technopark Phase-II 0 0 0 0 0
Technopark Phase -III 55973.50 216.67 184.71 1050.82 1235.53
Technopark Phase -IV (Technocity) 0 0 0 0 0
Technopark Phase-V (Technopark Kollam) 16489.13 5.09 54.41 24.67 79.09
Procurement of Non-Solar REC’s 0 0 0 46.51 46.51
Total 256359.63 883.78 845.99 4332.82 5178.81
Table – 7
ARR-ERC: MYT 2017-18
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Phase wise power purchase expenses for FY 2017-18
The tariff used for estimation of power purchase expenses during FY 2016-17
is bulk supply tariff of Technoparkie. Rs. 4.85/unit and Rs. 300/kVA for
Technopark Phase-I/II/III and phase-V campuses.
Financial Year 2017-18
Campus
Max. Demand
(In kVA)
Energy
Received
(In lakhs
Units)
Total
annual fixed
charges
(Rs. Lakhs)
Total
Variable
Charges
(Rs. Lakhs)
Total cost of
energy
received (Rs.
Lakhs)
Technopark Phase-I 197027.25 709.29 650.19 3440.07 4090.26
Technopark Phase-II 0 0 0 0 0
Technopark Phase-III 59970.01 232.13 197.90 959.82 1157.72
Technopark Phase-IV (Technocity) 0 0 0 0 0
Technopark Phase-V (Technopark Kollam) 17666.46 2.48 5380 282.75 345.05
Procurement of REC’s 0 0 0 64.27 64.27
Total 274663.71 946.88 906.39 4746.91 5653.30
Table – 8 An amount of Rs. 64.27 lakhs is earmarked for the purchase of renewable energy
certificate for the FY 2016-17 during FY 2017-18. Hon’ble Commission may
please approve the power purchase expenses projected by Technopark.
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7. O & M Expenses
O&M expenses comprises of employee cost, repairs and maintenance cost
and administration and general expenses. The normative values specified in
the regulation on the Terms and Conditions for Determination of Tariff
(dated 14-11-2014) are lower than the estimation based on previous year
actual values and hence we have taken the estimated values in the revised
ARR. There is a major increase in the O&M expenses during the FY 2017-18
when compared to the previous year. It is mainly due to the increase in
contract labour cost of operating and maintenance staff of substation and
distribution network and due to the increase in A&G expenses. The details for
every component of the O & M are given below.
Rs. In Lakhs.
O & M 2015-16 (Actual)
2016-17 (Approved)
2016-17 (Normative)
2017-18 (ARR)
Employee Cost
34.19
20.99
141.80
39.20
A & G Expenses
157.10
51.62
20.99
200.61
R& M Expenses
211.35
106.40
165.52
337.01
Total 402.64 179.01 328.31 576.82
Table-9
8.1 Employee Cost:
The employee cost worked out for the FY 2017-18 is higher than the
approved figures for 2016-17 however it is much lower than the normative
values specified for Technopark in the Terms and conditions for determination
of tariff regulations 2014.
1. The contracted labour cost for the operation and maintenance of the
power distribution system in the Technopark campuses ie. the
outsourced labour cost was previously included under the head
employee cost. Hon’ble Commission had clarified that with regard to a
person engaged on contract basis against a sanctioned post, the cost
incurred can be accounted under the head ‘employee cost’ whereas the
ARR-ERC: MYT 2017-18
Page | 32
labour engaged on contract basis for repair and maintenance purposes
will form a part of ‘Repair and maintenance cost’ only and cannot be
included under employee cost.
2. Technopark had projected the employee cast for FY 2017-18 based on
the cost apportioned for the employees engaged on contract basis
against a sanctioned post. The details are shown below.
Designation No. of posts Apportionment %
Chief Executive Officer 01 10
General Manager (Projects) 01 50
Chief Finance Officer 01 20
Asst. General Manager (Projects) 02 30
Manager (Finance) 01 20
Finance Officer 01 20
Asst. Manager (Electrical) 02 50
Asst. Manager (Electrical) 01 100
Executive (Finance) 01 50
Junior Officer (Finance) 01 20
The above staff pattern is taken for projecting the employee cost for FY
2017-18. Hon’ble Commission may please approve the employee cost
projected for the ensuing financial year.
7.2 Administration and General Expenses:
The A & G expenses for the previous, present and ensuing year are given in
table-9. There has been a substantial increase in the A&G expenses over the
figures approved by Hon’ble Commission. The major cost drivers for the
administrative and general expenses are security arrangements and section
3(1) duty. Security arrangements are required for the security of the power
distribution system, substations etc. and section 3(1) duty is paid by
Technopark to Government. Hon’ble Commission may please allow the 3(1)
duty paid by Technopark to Government. We request Hon’ble Commission to
approve the administrative and general expenses projected for 2017-18.
ARR-ERC: MYT 2017-18
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7.3 Repairs and Maintenance Cost:
In the ARR for 2016-17, the outsourced employee costs were not added to
the repairs and maintenance cost. Taking into consideration of the comments
of Commission, the cost incurred for the operation and maintenance of the
substations and power distribution system is also added to the repair and
maintenance cost. Hence the cost had increased much higher than the
approved/ normative repair and maintenance cost. Operation and
maintenance cost for outsourced agencies is the major component in the
repair and maintenance cost. The agencies are selected through a competitive
open tendering process and Technopark have little control over the tendered
value of work. The cost claimed is solely for the O&M of the power
distribution system and the O&M of water/ telecom system is not included in
this. The details of O&M expenses incurred for various campuses and the
projected amount for 2017-18 is tabulated below. Hon’ble Commission may
please approve the R&M expenses projected for F 2017-18.
Table-10
8. Depreciation
The depreciation for various years is estimated as per CERC and KSERC
regulations. The capitalization is not considered by the hon. Commission
during 2014-15. But the estimation of depreciation for the multiyear is done
after adding the cost of substation equipment and lines those have already
ARR-ERC: MYT 2017-18
Page | 34
commissioned during 2014-15.The details are shown in the concerned forms.
The projected values of depreciation for different years are given in table-11.
We have spent Rs. 149 lakhs for the laying of cables for 11kV power
distribution system in Technopark phase-3 campus and the project was
commissioned during 2012-13. An amount of Rs. 199.72 was spent towards
building a main receiving substation in Technopark Phase-I campus. And Rs.
20 lakhs included under other civil works is the expenses incurred for the
expansion of the existing 110kV substation at Technopark Phase-III. These
expenses were shown in previous ARR and ERC petitions. The depreciation
component due the capital expenses is included in the year 2017-18 and
hence the depreciation in 2017-18 is slightly increased.
Rs. In Lakhs
Depreciation Rs in Lakhs
2015-16 Previous year
2016-17 Present year
2017-18 Ensuing year
Depreciation On GFA
155.26
177.36
196.44
Grants & Consumer contribution
28.06
28.06
28.06
Allowable Depreciation
127.20
149.30
168.38
Table-11
9. Interest & Finance Charges
Interest on different loans and the financial charges for different years are
given in the following table. Projections were done based on the actual
payments made. The loan component for electricity distribution portion is
apportioned from the total loan taken for infrastructure development. Hon’ble
Commission may please approve the interest and finance charges.
Interest & Finance Charges (Rs. Lakhs)
2015-16 Actuals
2016-17 Estimated
2017-18 Projected
194.92
196.77
184.88
Table -12
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10. Return on Equity
As per the KSERC regulation on terms and conditions for determination of tariff
dated 14-11-2014 the returns can be calculated based on the Equity portion of the
capital expenses, or on the basis of net fixed assets if the equity portion is not
clearly identifiable the permitted value of returns is 3 percentage of the net Fixed
Asset as on the first day of the concerned financial year. In this petition the returns
are estimated on this principle and the values in different years of the control period
are given in table.
RONFA 2013-14 Actual
2014-15 Actual
2015-16 Actual
2016-17 Estimated
2017-18 Projected.
Net Fixed Asset at the beginning of the year (Rs. Lakhs)
1682.36
2089.89
1937.85
2178.9
2003.79
Returns 3% (Rs. Lakhs)
50.47
62.70
89.92
66.60
61.28
Table-13
M/S Technopark has no expenses in the way of transmission charges or RLDC
charges or interest on bonds or interest on working capital (No short term
loan is taken for working capital) or taxes of ROE etc.
ARR-ERC: MYT 2017-18
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12. Summary of Aggregate Revenue Requirement
The aggregate revenue requirement for different years and projected for 2017-18, third year of the first control period is shown in the table below.
Aggregate Revenue Requirement: Rs. in Lakhs
2015-16 2016-17 2017-18
Actual
Provisional (April to
Nov 2016)
Projected for the
whole year
Projected
in MYT Revised Projection
Cost of own power purchase 4598.96 2961.54 5178.81 5518.63 5653.30
Transmission Charges 0.00 0.00 0.00 0.00 0.00
NLDC/RLDC/SLDC Charges 0.00 0.00 0.00 0.00 0.00
Operation & Maintenance Expenses 435.07 338.80 508.20 506.77 576.82
Employee Expenses 66.62 27.18 40.77 313.76 39.20
Annual Contribution for Terminal Liabilities based
on actuarial valuation 0.00 0.00 0.00 0.00 0.00
Administration & General Expenses 157.10 120.19 180.29 180.34 200.61
Repair & Maintenance Expenses 211.35 191.43 287.15 12.67 337.01
Depreciation 127.20 99.53 149.30 149.30 168.38
Interest and finance charges on long term loans 194.92 131.18 196.77 142.00 184.88
Interest on Bonds to meet Terminal Liabilities 0.00 0.00 0.00 0.00 0.00
Interest on Working Capital 0.00 0.00 0.00 0.00 0.00
Interest on consumer security deposits and deposits from Users of the distribution system
66.62 53.29 79.94 79.94 95.93
Any other item (to be specified) 0.00 0.00 0.00 0.00 0.00
Contribution to contingency reserves 0.00 0.00 0.00 0.00 0.00
Provisioning for Bad debts, if any 0.00 0.00 0.00 0.00 0.00
Adjustment for profit/loss on account of controllable/uncontrollable factors
0.00 0.00 0.00 0.00 0.00
Total Revenue Expenditure 5422.76 3923.15 6113.02 6285.04 6679.31
Return on Equity /Net Fixed Assets 89.92 44.40 66.60 66.60 61.28
Tax on ROE 0.00 0.00 0.00 0.00 0.00
Aggregate Revenue Requirement
5512.68 3133.49 6179.62 6351.64 6740.59
Less: Non-Tariff Income 47.28 38.81 58.21 49.53 64.03
Less: Income from wheeling charges 0.00 0.00 0.00 0.00 0.00
Less: Receipt on account of Cross Subsidy
Surcharge on wheeling charges 0.00 0.00 0.00 0.00 0.00
Less: Receipt on account of additional surcharge on charge of wheeling
0.00 0.00 0.00 0.00 0.00
Aggregate Revenue Requirement from Retail Tariff
5645.40 3928.74 6121.41 6302.11 6676.56
Table-14
ARR-ERC: MYT 2017-18
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13. Expected Revenue from charges
Consumption of various categories of consumers are given the following table
Category
Energy Consumption
in Lakhs Units
HT 2015-16 (Actuals)
2016-17 (Estimated)
2017-18 (Projected)
HT I (IT & TES 295.72 362.92 373.81
HT -2( Non-Industrial Non Commercial)
3.09 3.09 3.19
HT -4 ( Commercial) 7.44 7.44 7.68
HT Sub Total 306.24 373.45 384.68
LT IV A (Industrial) 0.05 1.82 1.91
LT IVA (Industrial) 10kW<CL<20kW 0.20 0.25 0.26
LT IV A CL> 20 kW (Industrial) 4.40 4.35 4.57
LT IV B IT/ITES CL< 10kW 9.04 11.21 12.34
LT IVB IT/ITES 10kW<CL<20kW 15.28 20.76 22.84
LT IV B IT/ITES CL > 20 kW IT & ITES 392.94 413.68 455.05
LT VI A General 0.12 0.15 0.16
LT VI B General 1.25 1.23 1.29
LT VI C General 1 Phase or 3 Phase 2.55 2.87 3.02
LT VI F General 1 Phase 0.77 1.04 1.09
LT VI F General 3 Phase 10.38 3.47 3.65
LT VII A Commercial (1 ph ) 1.08 1.03 1.13
LT VII A Commercial (3 ph) 8.10 8.53 9.38
LT VII B Commercial 0.18 0.16 0.17
Self-Consumption 2.53 2.52 2.64
Street Lighting 2.79 3.42 3.59
LT Sub Total 451.66 476.49 523.09
Total 757.90 849.94 907.77
Table 15
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The ERC of various categories of consumers are given the following table
Category Revenue (In Rs. Lakhs)
HT 2015-16 (Actuals)
2016-17 (Estimated)
2017-18 (Projected)
HT I (IT & TES 2063.89 2179.77 2245.17
HT -2 (Non-Industrial Non Commercial) 20.89 21.25 21.95
HT -4 ( Commercial) 61.86 60.21 62.19
HT Sub Total 2146.63 2261.23 2329.31
LT IV A (Industrial) 0.29 10.87 11.41
LT IVA (Industrial) 10kW<CL<20kW 1.23 1.50 1.57
LT IV A CL> 20 kW (Industrial) 26.25 27.40 28.78
LT IV B IT/ITES CL< 10kW 53.43 66.55 73.21
LT IVB IT/ITES 10kW<CL<20kW 96.03 130.08 143.08
LT IV B IT/ITES CL > 20 kW IT & ITES 2828.02 3000.00 3300.00
LT VI A General 0.87 1.08 1.14
LT VI B General 9.41 8.66 9.09
LT VI C General 1 Phase or 3 Phase 25.60 29.15 30.61
LT VI F General 1 Phase 6.47 8.80 9.24
LT VI F General 3 Phase 100.07 32.72 34.35
LT VII A Commercial (1 ph ) 9.40 10.23 11.26
LT VII A Commercial (3 ph) 84.43 88.48 97.33
LT VII B Commercial 1.16 0.95 1.05
Self-Consumption 9.17 9.11 9.57
Street Lighting 27.71 31.37 32.94
LT Sub Total 3279.53 3456.96 3794.63
Total 5426.16 5718.19 6123.93
ARR-ERC: MYT 2017-18
Page | 39
The revenue from sale of power is estimated based on the existing tariff on the
projected billing demand and annual energy consumption of different categories
of consumers. State levies are not included in the ERC.
EXPECTED REVENUE FROM CHARGES: Rs. In Lakhs
2015-16 2016-17 2017-18
Actual Estimated Projected
Revenue from Tariff 5426.16 5718.19 6123.93
Table -16
ARR-ERC: MYT 2017-18
Page | 40
14. Per Unit Realization from various tariff categories.
PER UNIT REALISATION
Category 2015-16 Actual
2016-17 Estimated
2017-18 Projected
Rs/kWh Rs/kWh Rs/kWh
LT Categories
LT IV A (Industrial) 6.05 5.98 5.98
LT IVA (Industrial) 10kW<CL<20kW 6.27 6.10 6.1
LT IV A CL> 20 kW (Industrial) 5.96 6.30 6.3
LT IV B IT/ITES CL< 10kW 5.91 5.94 5.94
LT IVB IT/ITES 10kW<CL<20kW 6.29 6.26 6.26
LT IV B IT/ITES CL > 20 kW IT & ITES 7.20 7.25 7.25
LT VI A General 7.35 7.11 7.11
LT VI B General 7.55 7.03 7.03
LT VI C General (1 Phase or 3 Phase) 10.02 10.15 10.15
LT VI F General (1 Phase) 8.41 8.48 8.48
LT VI F General (3 Phase) 9.64 9.42 9.42
LT VII A Commercial (1 ph ) 8.72 9.93 9.93
LT VII A Commercial (3 ph ) 10.42 10.38 10.38
LT VII B Commercial 6.39 6.00 6.00
Self-Consumption 3.62 3.62 3.62
Street Lighting 9.93 9.17 9.17
LT Average 7.48 7.45 7.25
HT Categories
HT -I Industrial 6.98 6.01 6.01
HT -II Non Industrial 6.76 6.88 6.88
HT- IV Commercial 8.32 8.10 8.10
HT Average 7.35 6.99 6.06
Overall 7.41 6.90 6.65
Table-1
ARR-ERC: MYT 2017-18
Page | 41
15. Non-Tariff Income
The estimated non-tariff income for the years is given in table.
Rs in Lakhs
Non-tariff Income
2015-16 Actuals
2016-17 Estimated
2017-18 Projected
47.28 58.21 64.03
Table-18
16. Summary of Gross Expected Revenue.
The summary of gross expected revenue is shown in the table below.
Rs. In Lakhs 2015-16 (Actual) 2016-17 (Estimated) 2017-18 (Projected)
Total Expenditure 5512.68 6179.62 6740.59
Income from sale of power
5426.16 5718.19 6123.93
Non-Tariff Income 47.28 58.21 64.03
Total Income 5473.44 5776.40 6187.96
Revenue Gap -39.23 -403.22 -552.63
Table -19
ARR-ERC: MYT 2017-18
Page | 42
17. ARR-ERC Comparison
ARR, ERC and the Revenue Gap for different years without considering the non-
tariff income are given below.
ARR, ERC & ERC
2015-16 Actual 2016-17 Estimated
2017-18 Projected
ARR 5465.40 6121.41 6676.56
ERC 5426.16 5718.19 6123.93
Revenue Gap -39.23 -403.22 -552.63
Table -20
-1000.00
0.00
1000.00
2000.00
3000.00
4000.00
5000.00
6000.00
7000.00
8000.00
ARR ERC Revenue Gap
ARR ,ERC & ERC 2015-16Actual
ARR ,ERC & ERC 2016-17Estimated
ARR ,ERC & ERC 2017-18Projected
ARR-ERC: MYT 2017-18
Page | 43
18. Revenue Gap & Treatment of Revenue Gap
The estimated revenue Gap for the year 2017-18 and previous years are shown
in table below.
REVENUE GAP 2015-16 2016-17 2017-18
Provisional Provisional Projected
Profit/Loss in Rs. Lakhs -39.23 -403.22 -552.63
Table -22
Treatment of Revenue Gap
Revenue gap may be adjusted by revising the tariff of power supply to
Technopark consumers or by reducing the rate of bulk power supply. Separate
tariff petition will be filed after fixing the revenue gap by the Honorable
Commission.
ARR-ERC: MYT 2017-18
Page | 44
19. PRAYER:
Technopark therefore prays before the Hon’ble Kerala State
Electricity Regulatory Commission to
1. Approve the projected ARR/ERC for the third year of the
control period ie. Financial year 2017-18.
2. Technopark may be permitted to file the tariff petition after
fixing the revenue gap by the Hon. Commission.
Encl: All relevant data forms.
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