Financial parameters

CAPACITY OF STATION(MW)
No of 660 Mw set
Target availability(%)
CAPITAL COST
ADDITIONAL CAPITILIZATION if any after COD
FERV
Land cost
Normative ROE(%)
Equity(%)
Interest rate as per SBI PLR on 1-04-04 on working capital
Rate of depression
Wt. average Interest rate
Repayment period(yr)
O&M COST FOR 660 MW SET(Cr/MW)

Normative OPERATIONAL PARAMETERS

660 MW Unit
HR of 200
APC of200
660MW
MWUnit
Unit
APCof
Gross Station HR
GCV of coal
GCV of oil
Sp.Oil(ML/KWH)
Hr due to oil
HR due to coal
Price of coal (Rs/MT)-Landed Wt. average for coal procured preceeding 3 months
Price of Oil (Rs/kl)-Landed Wt. average for oil procured during prceeding 3 months
APC
FIXED COST
2004-05 2005-06 2006-07 2007-08
FIXED
COST(Cr)

1299.31 1268.22 1233.37 1198.76

2008-09
1164.29

1320
2
85
5280
0
0
296.9
23.5
30
10.25
7.28
10.5
10
0.117
2350
2500
5.5
2350.00
3500
10000
1
10
2340.00
1500
30214
5.5

CALCULATION OF FIXED CHARGES

CAPITAL COST
SPARES COST(2.5% of capital cost at the time of COD)
ADDITIONAL CAPITILIZATION IF ANY
FERV
CAPITAL COST INCLUDING ADDITIONAL CAPITILIZATION , FERV AND SPARES
Normative Equity(%)
Capital employed=total capital cost*Equity
Loan

1. Return on equity(ROE)
Normative ROE(%)
Normative Equity(%)
Capital employed=total capital cost*Equity
ROE in rupees =( Normative ROE*Capital employed)/100

ROE

2009-10
393.17145

2010-11
393.1715

2011-12
393.17145

2.Depreciation
90% of gross depreciable value excluding land cost
Total capital cost
land cost
gross depreciable value excluding land cost
Total Depreciation during whole life
Total Depreciation will be recovered in the span of 25 yr.
Depression for the year

DEPRECIATION

2009-10
384.384

2010-11
384.384

2011-12
384.384

2010-11
3513
390
3123

2011-12
3123
390
2733

3.LOAN ON CAPITAL COST

OPENING LOAN
REPAYMENT
Closing loan

2009-10
3903.83
390
3513

Net Average loan=

Average of opening and
closing loan
Wt average interest rate
Loan on capital cost

4. AAD

3708.6385

3318.256

2927.8725

10.5
389.41

10.5
348.42

10.5
307.43

(Advance against depreciation)

AAD= Loan repayment amount subjected to a ceiling of 1/10th of loan amount depreciation
Loan repayment
Depreciation
AAD
AAD

2009-10

2010-11

2011-12

4.O&M COST
O&M COST FOR 200/210 MW SET(Cr/MW)
O&M COST FOR 500 MW SET(Cr/MW)
For combination of the set,wt average will be taken.
2009-10
2010-11
O&M COST
117
121.68

2011-12
126.55

5.Interest on working capital

a- Cost of coal for 2.0 months corresponding to target availability
Target availability(%)
Generation corrsponding to Target availability(mu) PER DAY
GCV of coal
Gross station heat rate
HR due to coal
Sp. Coal
Coal requirement for 1 day(MT)
Coal requirement for 2.0 months(MT)
Price of coal (Rs/MT)-Wt. average for coal procured preceeding 3 months
Cost of coal for 2.0 months corresponding to target availability

Cost of coal

2009-10
121.52

2010-11
121.52

2011-12
121.52

b- Cost of oil for 2.0 months corresponding to target availability

Sp. OIL
Oil requirement for 1 day(kl)
Coal requirement for 2.0 months(KL)
Price of Oil (Rs/KL)-Wt. average for Oil preceeding 3 months
Cost of Oil for 2.0 months corresponding to target availability

Cost of oil

2009-10
4.88

2010-11
4.88

2011-12
4.88

c- O&M Expences
I month o&m expences corresponding to respective year
2009-10

2010-11

2011-12

O&M Expences for the

year

117.00

121.68

126.55

O&M Expences for 1

month

9.62

10.00

10.40

2009-10
23.40

2010-11
24.34

2011-12
25.31

d- Spares
Spares

e- Receivables
Two months variable cost + 2months Fixed cost corresponding to target availability
APC(MU)
NET ESO
NET ESO Corresponding to target availability/DAY
2009-10
2010-11
Varible charges(Rs/Kwhr
Varible charges for 2 MONTH
corresponding to target
availability

2011-12

1.093

1.093

1.093

166.91

166.91

166.91

1.399

1.365

1.328

Fixed charges for 2 months

corresponding to target
availability

213.58

128.47

125.41

RECEIVABLES

380.50

295.38

292.32

Fixed charges(Rs/Kwhr

Total working capital=a+b+c+d+e

Total working capital
Interest rate as per SBI
PLR on 1-04-04
INTEREST ON WORKING
CAPITAL

2009-10
539.92

2010-11
456.12

2011-12
454.44

10.25

10.25

10.25

55.34

46.75

46.58

Cost of Secondry oil Fuel

Cost of Sec fuel

2009-10
29.6964946

2010-11
29.69649

2009-10

2010-11

2011-12
29.69649461

Annual Fixed Charge

1. Return on equity(ROE)

2011-12

393.17
384.38
389.41
117.00

393.17
384.38
348.42
121.68

393.17
384.38
307.43
126.55

55.34
0.00
0.00
1339.30

55.34
0.00
0.00
1302.99

55.34
0.00
0.00
1266.87

F.C. Cost per unit(Rs/Kwhr)

1.363

1.33

1.29

Cost at 3 lack/bigha

1.329

1.285

1.250

Cost at 5 lack/bigha

1.336

1.29

1.26

Cost at 13 lack/bigha

1.358

1.31

1.28

0.007

0.01

0.01

2.Depreciation
3.Interest on loan
4.O&M COST
5.Interest on working
capital
6.Cost of Sec fuel
7.Sp allowance
AFC

Increase w.r.t 3 lack/bigha

Increase w.r.t 3 lack/bigha

0.029
0.034

0.03

0.03

31.68
12

5576.9
139.4225
0
0

ON , FERV AND SPARES

5576.9
30
1673.07
3903.83

23.5
30
1673.07
393.1715
2012-13
393.17145

2013-14
393.1715

5576.9
296.9
5280
4752
384.384
2012-13
384.384

2013-14
384.384

2012-13
2733
390
2342

2013-14
2342
390
1952

2537.4895

2147.107

10.5
266.44

10.5
225.45

1/10th of loan amount depreciation

390
384.384
6
2012-13

2013-14

0.182
0.117

2012-13
131.61

2013-14
136.87

target availability

eeding 3 months

85
26.928
3500
2350
2340
0.669
18003
810148
1500
121.52
739.2602

741.28552

2012-13
121.86

2013-14
121.52

rget availability
1
27
1616
30214
4.88
2012-13
4.88

2013-14
4.88

2012-13

2013-14

131.61

136.87

10.79

11.25

2012-13
26.32

2013-14
27.37

onding to target availability

1.7424
29.9376
2012-13

25.44696
2013-14

1.093

1.093

166.91

166.91

1.291

1.254

122.38

119.38

289.29

286.29

2012-13
453.14

2013-14
451.32

10.25

10.25

46.45

46.26

2012-13
29.69649461

2013-14
29.69649

2012-13

2013-14
393.17
384.38
266.44
131.61

393.17
384.38
225.45
136.87

55.34
0.00
0.00
1230.94

55.34
0.00
0.00
1195.22

1.25

1.22

1.215

1.180

1.22

1.19

1.24

1.20

0.01

0.01

525.00

13

0.02

0.02

Singrauli
Interest on loan
IOWC
Depr
ROE
O&M Cost
AAD
Cost of Oil
Spl Allwance
Total

FY08

Rihand-I
Interest on loan
IOWC
Depr
ROE
O&M Cost
AAD
Cost of Oil
Spl Allwance
Total

FY08

Rihand-II
Interest on loan
IOWC
Depr
ROE
O&M Cost
AAD
Cost of Oil
Spl Allwance
Total

FY08

Unchahar-I
Interest on loan
IOWC
Depr
ROE
O&M Cost
AAD
Cost of Oil
Spl Allwance
Total

FY08

Unchahar-II
Interest on loan
IOWC
Depr
ROE

FY08

FY09

New

6
40
0
82
222
0

5
40
0
82
231
0

350

358
FY09

Change
5
56
0
137
314
0
45
13
570

New

0
25
42
166
105
0

0
25
42
166
105
0

338

338
FY09

New
104
37
106
186
132
0
16

531

525

581
New

0
15
10.3
66
51
0

0
22
10.2
111
73
0
11

140.3

142.3

227

New
8.1
15
48
55

154.5

0
7
11
75
23
-76
16
0
56

40

Change

0
15
10.3
66
49
0

FY09

0
9
1
114
27
0
16
3.5
170.5
Change

104
30
95
111
109
76

10.2
15
48
55

167

Change
0
34
43
280
132
0
16
3.5
509

117
30
95
111
105
73

FY09

0
16
0
55
83
0
45
13
212

0
7
-0.1
45
22
0
11
0
84.9

Change
8.1
23
68.0
92

0
8
20
37

73.9

O&M Cost
AAD
Cost of Oil
Spl Allwance
Total

49
0

51
6.6

177.2

183.7

Unchahar-III
Interest on loan
IOWC
Depr
ROE
O&M Cost
AAD
Cost of Oil
Spl Allwance
Total

FY08

FY09

TANDA
Interest on loan
IOWC
Depr
ROE
O&M Cost
AAD
Cost of Oil
Spl Allwance
Total

FY08
FY09
New
12.38
7.92
19.9
19.95
28
28
33.39
33.39
82.39
85.69
0
0

22
-6.6
11
2.67
94.07

83.07

32
11.5
35.35
53
36
0
5.7
0
174

Change
-3.5
2.5
8.35
22
10.4
-20
5.7
0
25.45

19.75

2.9
23
28
56
105
0
16
1.5
232

Change
-4.9896
3.05
0
22.61
19.31
0
16
1.5
57.48

41.48

New

38.8
9
27
31
24.5
7

35.5
9
27
31
25.6
20

137.3

148.1

176.06

73
0
11
2.67
278

174.95

TOTAL NR

700.23

FY08
Singrauli
Rihand-I
Rihand-II
Unchahar-I
Unchahar-II
Unchahar-III
TANDA
TOTAL NR
Excluding Cost of oil

FY09
350
338
531
140
177
137
176
1850

New
358
338
525
142
184
148
175
1870

570
509
581
227
278
174
232
2570

Rs Cr
Change
212
171
56
85
94
25
57
700
580

579.53 <----- Excluding cost of oil

6856.344

35.3533

1041.3

700.425

uding cost of oil

69065
35626
33439
2780
12.02842

OPERATIONAL PARAMETERS
Gross Station HR
GCV of coal
GCV of oil
Sp.Oil
Hr due to oil=GCV of oil*Sp. Oil
HR due to coal=Gross station heat rate- heat rate due to Oil
Price of coal (Rs/MT)-Wt. average for coal procured during 3 MONTHS
Price of Oil (Rs/kl)-Wt. average for oil procured during prceeding 3 months
APC
Cost of Oil = Hr due to oil( kCal/kWh) x Price of oil( Rs./Litre) / Gcv of oil(
kCal/ lite)
Cost of coal = Hr due to coal( kCal/kWh) x Price of coal( Rs./MT) / Gcv of
COAL( kCal/ lite)
Total cost
Total V.C. cost ex bus(ESO)

2350
3500
10000
1
10
2340
1500
30214
5.5
0.0302
1.0029
1.0331
1.093

Rs/kwhr
Rs/kwhr
Rs/kwhr
Rs/kwhr