Economic analysis of NHPC

TARIFF RATES
The tariff of NHPC Power Stations is determined by Central Electricity Regulatory Commission
(CERC) as per Tariff Regulations issued from time to time. At Present, CERC Terms &
Condition of Tariff Regulation, 2014 is applicable for the period 2014-19. Based on notified
tariff order /petitions submitted for tariff, the Annual Fixed Charges (AFC) and composite tariff
of 19 Power Stations for FY 2016-17 are as under:

S.No. Name of Power Station AFC Comp. Tariff

in Rs(Cr (Rs/Kwh)*
1. BAIRASIUL 133.54 1.97
2. SALAL 296.34 1.10
3. TANAKPUR 116.65 2.96
4. CHAMERA-I 312.43 2.16
5. URI-I 356.81 1.59
6. CHAMERA-II 254.99 1.96
7. DHAULIGANGA 295.09 2.99
8. DULHASTI 935.50 5.64
9. SEWA-II 198.90 4.33
10. LOKTAK 142.48 3.65
11. RANGIT 104.16 3.53
12. TEESTA-V 517.20 2.31
13. CHAMERA-III 404.52 4.25
14. CHUTAK 153.90 8.41
15. NIMMO BAZGO 181.61 8.81
16. URI-II 469.23 4.86
17. PARBATI-III 330.10 5.48
18. TLDP-III 360.71 6.20
19. TLDP-IV 161.64 2.56

BILLING
Billing is done centrally at the Corporate Office on monthly basis in accordance with the
CERC Tariff regulations 2014 in vogue and as per the tariff notification issued by CERC for
that particular power station from time to time. Payments are received directly through
transfer to NHPC account/through Demand Draft/ Cheques.A surcharge @ 1.5% per month
is levied if the payments are not made by the beneficiaries beyond a period of 60 days from
the date of billing as per CERC Tariff Regulation 2014.
DISRIBUTION OF POWER

NHPC is supplying power to 28 number of beneficiary / distribution companies. The list of

beneficiaries/ distribution companies are as under;

1. Punjab State Power Corporation Limited (PSPCL)

2. Haryana Power Purchase Centre (HPPC)
3. Himachal Pradesh State Electricity Board (HPSEBL)
4. Power Development Department (PDD), J&K
5. Uttar Pradesh Power Corporation Ltd. (UPPCL)
6. Jaipur Vidyut Vitran Nigam Ltd. (JVVNL), Rajasthan
7. Ajmer Vidyut Vitran Nigam Ltd. (AVVNL), Rajasthan
8. Jodhpur Vidyut Vitran Nigam Ltd. (JDVVNL), Rajasthan
9. Union Territory, Chandigrah
10. Uttarakhand Power Corporation Ltd. (UPPC)
11. Tata Power Delhi Distribution Ltd. (TPDDL)
12. BSES Rajdhani Power Ltd. (BRPL), Delhi
13. BSES Yamuna Power Ltd. (BRYL), Delhi
14. Deptt. of Power, Manipur
15. Deptt. of Power, Nagaland
16. Assam Power Distribution Corporation Ltd. (APDCL)
17. Tripura State Electricity Corporation Ltd. (TSECL)
18. Power & Electricity Deptt., Mizoram
19. Deptt. of Power, Arunachal
20. Meghalaya Energy Corporation Ltd. (MeECL)
21. West Bengal State Electricity Distribution Company Ltd. (WBSEDCL)
22. Damodar Valley Corporation (DVC)
23. North Bihar Power Distribution Company Ltd. (NBPDCL)
24. South Bihar Power Distribution Conpany Ltd. (SBPDCL)
25. Power Deptt., Sikkim
26. Jharkhand Urja Vikas Nigam Ltd. (JUVNL)
27. Grid Corporation of Odisha Ltd. (GRIDCO)
28. MEA ( Power to Nepal )
Operating Power Stations NHPC is operating 20 Power Stations with installed capacity
of 5171.2 MW and annual design energy of 21790 MU. The expected revenue from
these power stations during financial year 2016-17 is 6949.00 crores. The Power
Stations of NHPC are located in Northern, Eastern and North-Eastern regions of the
country. The list of Power Stations along with their details as under.

S.No Name of Installed Design Location Year of Capital

. Power Capacity Energy Commissionin Cost as
Station (MW) (MU) g on COD
in (Cr)
1 Baira Siul 180 779.28 Himachal 1982 143.21
Pradesh
2 Loktak 105 448.00 Manipur 1983 115.77
3 Tanakpur 94.2 452.19 Uttarakhand 1993 357.68
4 Chamera-I 540 1664.55 Himachal 1994 1969.76
Pradesh
5 Salal 690 3082.00 J&K 1995 803.41
6 Uri-I 480 2587.38 J&K 1997 3166.14
7 Rangit 60 338.61 Sikkim 2000 475.85
8 Chamera-II 300 1499.89 Himachal 2004 1956.06
Pradesh
9 Dhauliganga 280 1134.69 Uttarakhand 2005 1631.40
10 Dulhasti 390 1906.80 J&K 2007 5078.49
11 Teesta-V 510 2572.70 Sikkim 2008 2619.60
12 Sewa-II 120 533.53 J&K 2010 1079.17
13 Chamera-III 231 1108.17 Himachal 2012 1992.47*
Pradesh
14 Chutak 44 212.93 J&K 2013 815.36*
15 Nimmo 45 239.33 J&K 2013 9 946.02
Bazgo
16 TLDP-III 132 594.07 West Bengal 2013 1790.43*
17 Uri-II 240 1123.70 J&K 2014 2158.34
18 Parbati-III 520 701.40 Himachal 2014 2598.41
Pradesh
19 TLDP-IV 160 720.00 West Bengal 2016 1793.24*
19 Wind Power, 50 -- Rajasthan 2016 302.5
Jaisalmer,
Rajasthan
LEGAL ANALYSIS OF NHPC
APPLICABLE LAWS
1 CERC (Terms & Condition of Tariff) Regulation, 2014
2 CERC (Conduct of Business) Regulation, 1999
3 CERC (Payment of Fee) Regulation, 2014
4 CERC (Procedure for making of application for determination of tariff, Publication of
the application and other related matter),Regulation, 2004
5 CERC(Furnishing of Technical Details for the Generating Companies) Regulation 2009
6 CERC-Guidelines for vetting of the capital cost of the hydro electric projects by
Designated Independent Agency or institution or expert and other related matter
7 CERC (Regulation of Power Supply) Regulation, 2010
8 CERC (Fixation of trading Margin) Regulation, 2010
9 CERC (Power Market) Regulation, 2010
1 CERC (Indian Electricity Grid Code) Regulation, 2010
0
11 CERC (Deviation settlement Mechanism and related mater) Regulation, 2014
1 CERC (Sharing of Inter State Transmission Charges and Losses) Regulation, 2010
2
1 Electricity Act, 2003
3
1 Jammu & Kashmir Water Resources (Regulation and Management)Act 2010
4
1 The Uttarakhand Water tax on Electricity Generation Act 2012
5
1 The Uttarakhand Water Management & Regulatory Act2013
6
1 Uttarakhand Green Energy Cess Act 2014
7