Power Distribution Tariffs in India 2016 Discom Wise & Consumer Wise Comprehensive Track E-REP Fact Factor Series March 2016
INR/Month INR/Month Power Distribution Tariffs in India 2016 2 CERC Final tariff Regulations for 2014-19 tightens power plant s operating norms Research Base Indian power sector is policy driven and being governed by stiff regulations. Any policy level changes have impacted the power sector in both positive as well as negative sense. In this milieu this fiscal was no different as the sector is set to register turbulence prior stabilization, courtesy the on-going coal block re-allocation, intent of Govt. on fuel pooling coupled with the repercussions of CERC s Tariff Regulation 2014-19. The CERC s Tariff Regulation 2014-19 have intensified the competition in the Indian power sector, by curbing the shield that has earlier been provided to the CPSUs/ SEBs generation utility in the form of incentive linked to PAF (Plant Availability Factor). The regulation has reduced the revenue margin of Central Power Station Units (CPSU s) by a significant quantum of 7-15%. It is pertinent to note that for end consumers of electricity a degree of relief has come through reduction in power tariffs by 5-6% from erstwhile prevailing rates, which deems as a positive impact of 2014-19 regulations. Exhibit 1: Tariff Components for Domestic Load Category (Upto 2kW Load) of BSES Rajdhani Power Limited, Delhi 900 800 700 600 500 400 300 200 100 0 740 780 555 595 Tariff 370 410 Variable Charge Fixed Charge 185 225 ILLUSTRATIVE 1200 1000 960 1000 800 720 760 Tariff 600 480 520 Variable Charge 400 Fixed Charges 240 280 200 40 40 40 40 40 40 40 40 0 0-50 51-100 101-150 151-200 201-250 251-300 301-350 351-400 Source: enincon research
Research Base Power Distribution Tariffs in India 2016 3 Exhibit 3: Consumer Category Classification Fuel pooling has seen partial acceptance, as coal pooling is still under consideration. Gas pooling will help in reviving up 16 GW of stranded capacity and as Government of India is providing subsidy to check the tariff at INR 5.50. Only future will unveil the extent of benefit to the gas based power plants. The coal pooling would be positive for the stranded capacity, but it would be negative for the government run power generation utilities or the ones having FSA (Fuel Supply Agreement) with CIL. The coal pooling was anticipated to increase the power tariff by INR 0.40-0.50 per unit during FY 2015-16, but the same would be much lower during this fiscal, ie- FY 2016-17. Such happenings when clubbed generates an imperative need for a dossier which would examine the tariffs as per end consumers. Hence, by meticulously examining the regulation, the latest trends governing the key fuel resources and deeply analysing the possible impacts on all the stakeholders, enincon llp attempts to blend the factual power tariff data and present a dossier which would be first of its kind and would enable clients with reliable insights and better understanding of the power tariff dynamics in the country. 10% 25% Source: enincon research 20% 25% 20% ILLUSTRATIVE Domestic Non-domestic Industrial Agricultural Others Key Highlights of CERC Final Tariff Regulation for 2014-19: New Formula for calculation of Fuel Cost Tightening of Operating Efficiency Norms Actual PLF Linked Incentives Tax Payment on Actual Basis Instead of Gross-up at Applicable Tax Rate Lower NAPAF for recovery of Fixed Charges Lower Fuel Stock Allowed for Normative Working Capital Power Distribution Tariff in India-2016 gives better understanding and reliable insights of power tariff dynamics in the country
Power Distribution Tariffs in India 2016 4 ENINCON s Difference Exhibit 4: ENINCON s Difference ILLUSTRATIVE ENINCON Experts Insights/ Market view The Report gives a comprehensive track of all existing and upcoming Captive Power Plants of India, bifurcated as per fuel used ENINCON S Research Difference Germinates from minds that think fresh to evolve path finding guide for all stake holders through quality information & analyses Gist of the report in.pdf format for ready use Business Stakeholders/Partic ipants Free Author support on report & Competitive cost Customized Research Solution Validated data & analysis ENINCON Research & Services Framework ENINCON Research Desk Opportunity mapping & Market sizing Research Reports First hand sector knowledge & inputs Primary research inputs from F2F interviews ENINCON S Service Difference Emanates from seamless integration of domain expertise with first hand industry knowledge and customized research solutions at a very competitive cost
Research Objective Key Research Queries Results Resolved Research Objective Power Distribution Tariff in India 2016 5 Exhibit 5: ENINCON Research Objective & Key Queries Resolved ILLUSTRATIVE 1. To tabulate New tariff Structure for 2014 What is likely rationale behind tariff calculations followed in India for 2014-19? 2. To analyze the pressure on power generating utilities with incentives linked to PLF instead of PAF 3. To study the impact on the various stakeholders of the supply chain due to these regulations 4. To analyse cost of supply and cost of procurement of power from the perspective of distribution utility What are the key impacts on the stakeholders due to these regulations? What would be the cost of power supply and cost of procurement visà-vis from power distribution utility s perspective? How this tariff regime impacted the generating utilities? ENINCON Research reports delivering domain knowledge, market insights & future outlook
Power Distribution Tariff in India 2016 6 Exhibit 6: Key Queries Resolved will be helpful for ILLUSTRATIVE ENINCON Research reports delivering domain knowledge, market insights & future outlook Power Generating Companies, Power Distribution Utilities Industries Research agencies, FI institutions Govt. & Regulatory Bodies Bulk Consumers
Must Buy For Must Buy For Must Buy For Power Distribution Tariff in India 2016 7 Exhibit 7: Must Buy For ILLUSTRATIVE Power Generating Companies Power Distribution Companies EPC Companies Fuel Supplying Companies Energy Sector Professionals Energy Trading Companies Equipment Manufacturers FII s/banks Government bodies Educational Institutions NGOs IT Service Providers Consultants Research firms Research Bodies/Institutes Industry associations Engineering Firms ENINCON Research reports delivering domain knowledge, market insights & future outlook
1. Executive Summary 2. Northern Region Power Distribution Tariff in India 2016 2.1. Industrial Tariff 2.1.1 Delhi a. BSES Rajdhani Power Limited b. BSES Yamuna Power Limited c. NDMC d. Tata Power Delhi Distribution Limited 2.1.2 Haryana a. Dakshin Haryana Bijli Vitran Nigam Limited b. Uttar Haryana Bijli Vitran Nigam Limited 2.1.3 Himachal Pradesh a. Himachal Pradesh State Electricity Board 2.1.4 Jammu & Kashmir a. Power Development Department (Distribution) 2.1.5 Punjab a. Punjab State Power Corporation Limited 2.1.6 Rajasthan a. Ajmer Vidyut Vitran Nigam Limited b. Jaipur Vidyut Vitran Nigam Limited c. Jodhpur Vidyut Vitran Nigam Limited 2.1.7 Uttar Pradesh a. Dakshinanchal Vidyut Vitran Nigam Limited b. Madhyananchal Vidyut Vitran Nigam Limited c. Purvanchal Vidyut Vitran Nigam Limited d. Paschimanchal Vidyut Vitran Nigam Limited e. Kanpur Electricity Supply Company Limited f. Noida Power Company Limited 2.1.8 Uttarakhand a. Uttarakhand Power Corporation Limited
2.2. Commercial Tariff 2.2.1 Delhi a. BSES Rajdhani Power Limited b. BSES Yamuna Power Limited c. NDMC d. Tata Power Delhi Distribution Limited 2.2.2 Haryana a. Dakshin Haryana Bijli Vitran Nigam Limited b. Uttar Haryana Bijli Vitran Nigam Limited 2.2.3 Himachal Pradesh a. Himachal Pradesh State Electricity Board 2.2.4 Jammu & Kashmir a. Power Development Department (Distribution) 2.2.5 Punjab a. Punjab State Power Corporation Limited 2.2.6 Rajasthan a. Ajmer Vidyut Vitran Nigam Limited b. Jaipur Vidyut Vitran Nigam Limited c. Jodhpur Vidyut Vitran Nigam Limited 2.2.7 Uttar Pradesh a. Dakshinanchal Vidyut Vitran Nigam Limited b. Madhyananchal Vidyut Vitran Nigam Limited c. Purvanchal Vidyut Vitran Nigam Limited d. Paschimanchal Vidyut Vitran Nigam Limited e. Kanpur Electricity Supply Company Limited f. Noida Power Company Limited 2.2.8 Uttarakhand a. Uttarakhand Power Corporation Limited 2.3. Agricultural Tariff
2.3.1 Delhi a. BSES Rajdhani Power Limited b. BSES Yamuna Power Limited c. NDMC d. Tata Power Delhi Distribution Limited 2.3.2 Haryana a. Dakshin Haryana Bijli Vitran Nigam Limited b. Uttar Haryana Bijli Vitran Nigam Limited 2.3.3 Himachal Pradesh a. Himachal Pradesh State Electricity Board 2.3.4 Jammu & Kashmir a. Power Development Department (Distribution) 2.3.5 Punjab a. Punjab State Power Corporation Limited 2.3.6 Rajasthan a. Ajmer Vidyut Vitran Nigam Limited b. Jaipur Vidyut Vitran Nigam Limited c. Jodhpur Vidyut Vitran Nigam Limited 2.3.7 Uttar Pradesh a. Dakshinanchal Vidyut Vitran Nigam Limited b. Madhyananchal Vidyut Vitran Nigam Limited c. Purvanchal Vidyut Vitran Nigam Limited d. Paschimanchal Vidyut Vitran Nigam Limited e. Kanpur Electricity Supply Company Limited f. Noida Power Company Limited 2.3.8 Uttarakhand a. Uttarakhand Power Corporation Limited
2.4. Domestic Tariff 2.4.1 Delhi a. BSES Rajdhani Power Limited b. BSES Yamuna Power Limited c. NDMC d. Tata Power Delhi Distribution Limited 2.4.2 Haryana a. Dakshin Haryana Bijli Vitran Nigam Limited b. Uttar Haryana Bijli Vitran Nigam Limited 2.4.3 Himachal Pradesh a. Himachal Pradesh State Electricity Board 2.4.4 Jammu & Kashmir a. Power Development Department (Distribution) 2.4.5 Punjab a. Punjab State Power Corporation Limited 2.4.6 Rajasthan a. Ajmer Vidyut Vitran Nigam Limited b. Jaipur Vidyut Vitran Nigam Limited c. Jodhpur Vidyut Vitran Nigam Limited 2.4.7 Uttar Pradesh a. Dakshinanchal Vidyut Vitran Nigam Limited b. Madhyananchal Vidyut Vitran Nigam Limited c. Purvanchal Vidyut Vitran Nigam Limited d. Paschimanchal Vidyut Vitran Nigam Limited e. Kanpur Electricity Supply Company Limited f. Noida Power Company Limited 2.4.8 Uttarakhand a. Uttarakhand Power Corporation Limited 2.5. Temporary Tariff
2.5.1 Delhi a. BSES Rajdhani Power Limited b. BSES Yamuna Power Limited c. NDMC d. Tata Power Delhi Distribution Limited 2.5.2 Haryana a. Dakshin Haryana Bijli Vitran Nigam Limited b. Uttar Haryana Bijli Vitran Nigam Limited 2.5.3 Himachal Pradesh a. Himachal Pradesh State Electricity Board 2.5.4 Jammu & Kashmir a. Power Development Department (Distribution) 2.5.5 Punjab a. Punjab State Power Corporation Limited 2.5.6 Rajasthan a. Ajmer Vidyut Vitran Nigam Limited b. Jaipur Vidyut Vitran Nigam Limited c. Jodhpur Vidyut Vitran Nigam Limited 2.5.7 Uttar Pradesh a. Dakshinanchal Vidyut Vitran Nigam Limited b. Madhyananchal Vidyut Vitran Nigam Limited c. Purvanchal Vidyut Vitran Nigam Limited d. Paschimanchal Vidyut Vitran Nigam Limited e. Kanpur Electricity Supply Company Limited f. Noida Power Company Limited 2.5.8 Uttarakhand a. Uttarakhand Power Corporation Limited
3. Western Region Power Distribution Tariff in India 2016 3.1. Industrial Tariff 3.1.1 Chhattisgarh a. Chhattisgarh State Power Distribution 3.1.2 Gujarat a. Dakshin Gujarat Vij b. Madhya Gujarat Vij c. Paschim Gujarat Vij d. Uttar Gujarat Vij e. Torrent Power f. Torrent Power 3.1.3 Madhya Pradesh a. Madhya Pradesh Paschim Kshetra Vidyut Vitaran b. Madhya Pradesh Poorv Kshetra Vidyut Vitaran c. Madhya Pradesh Madhya Kshetra Vidyut Vitaran 3.1.4 Maharashtra a. BEST Undertaking b. Maharashtra State Electricity Distribution Co. c. Reliance Energy d. TATA Power 3.1.5 Goa a. Electricity Department, Goa 3.2. Commercial Tariff 3.2.1 Chhattisgarh a. Chhattisgarh State Power Distribution
3.2.2 Gujarat a. Dakshin Gujarat Vij b. Madhya Gujarat Vij c. Paschim Gujarat Vij d. Uttar Gujarat Vij e. Torrent Power f. Torrent Power 3.2.3 Madhya Pradesh a. Madhya Pradesh Paschim Kshetra Vidyut Vitaran b. Madhya Pradesh Poorv Kshetra Vidyut Vitaran c. Madhya Pradesh Madhya Kshetra Vidyut Vitaran 3.2.4 Maharashtra a. BEST Undertaking b. Maharashtra State Electricity Distribution Co. c. Reliance Energy d. TATA Power 3.2.5 Goa a. Electricity Department, Goa 3.3. Agricultural Tariff 3.3.1 Chhattisgarh a. Chhattisgarh State Power Distribution 3.3.2 Gujarat a. Dakshin Gujarat Vij b. Madhya Gujarat Vij c. Paschim Gujarat Vij d. Uttar Gujarat Vij e. Torrent Power
f. Torrent Power 3.3.3 Madhya Pradesh a. Madhya Pradesh Paschim Kshetra Vidyut Vitaran b. Madhya Pradesh Poorv Kshetra Vidyut Vitaran c. Madhya Pradesh Madhya Kshetra Vidyut Vitaran 3.3.4 Maharashtra a. BEST Undertaking b. Maharashtra State Electricity Distribution Co. c. Reliance Energy d. TATA Power 3.3.5 Goa a. Electricity Department, Goa 3.4. Domestic Tariff 3.4.1 Chhattisgarh a. Chhattisgarh State Power Distribution 3.4.2 Gujarat a. Dakshin Gujarat Vij b. Madhya Gujarat Vij c. Paschim Gujarat Vij d. Uttar Gujarat Vij e. Torrent Power 3.4.3 Madhya Pradesh a. Madhya Pradesh Paschim Kshetra Vidyut Vitaran b. Madhya Pradesh Poorv Kshetra Vidyut Vitaran c. Madhya Pradesh Madhya Kshetra Vidyut Vitaran 3.4.4 Maharashtra
a. BEST Undertaking b. Maharashtra State Electricity Distribution Co. c. Reliance Energy d. TATA Power 3.4.5 Goa a. Electricity Department, Goa 3.5. Temporary Tariff 3.5.1 Chhattisgarh a. Chhattisgarh State Power Distribution 3.5.2 Gujarat a. Dakshin Gujarat Vij b. Madhya Gujarat Vij c. Paschim Gujarat Vij d. Uttar Gujarat Vij e. Torrent Power f. Torrent Power 3.5.3 Madhya Pradesh a. Madhya Pradesh Paschim Kshetra Vidyut Vitaran b. Madhya Pradesh Poorv Kshetra Vidyut Vitaran c. Madhya Pradesh Madhya Kshetra Vidyut Vitaran 3.5.4 Maharashtra a. BEST Undertaking b. Maharashtra State Electricity Distribution Co. c. Reliance Energy d. TATA Power 3.5.5 Goa
a. Electricity Department, Goa 4. Eastern Region Power Distribution Tariff in India 2016 4.1. Industrial Tariff 4.1.1 Bihar a. Bihar State Electricity Board 4.1.2 Jharkhand a. Damodar Valley Corporation b. Jamshedpur Utility & Services Company c. Bokaro Power Supply Company Pvt. d. TATA Steel 4.1.3 Odisha a. Central Electricity Supply Company of Orissa b. North Eastern Electricity Supply Company of Orissa c. Southern Electricity Supply Company of Orissa d. Western Electricity Supply Company of Orissa 4.1.4 West Bengal a. Calcutta Electricity Supply b. DPSC. c. Durgapur Projects d. West Bengal State Electricity Distribution 4.1.5 Sikkim a. Energy & Power Department, Govt. of Sikkim 4.2. Commercial Tariff 4.2.1 Bihar a. Bihar State Electricity Board 4.2.2 Jharkhand
a. Damodar Valley Corporation b. Jamshedpur Utility & Services Company c. Bokaro Power Supply Company Pvt. d. TATA Steel 4.2.3 Odisha a. Central Electricity Supply Company of Orissa b. North Eastern Electricity Supply Company of Orissa c. Southern Electricity Supply Company of Orissa d. Western Electricity Supply Company of Orissa 4.2.4 West Bengal a. Calcutta Electricity Supply b. DPSC. c. Durgapur Projects d. West Bengal State Electricity Distribution 4.2.5 Sikkim a. Energy & Power Department, Govt. of Sikkim 4.3. Agricultural Tariff 4.3.1 Bihar a. Bihar State Electricity Board 4.3.2 Jharkhand a. Damodar Valley Corporation b. Jamshedpur Utility & Services Company c. Bokaro Power Supply Company Pvt. d. TATA Steel 4.3.3 Odisha a. Central Electricity Supply Company of Orissa
b. North Eastern Electricity Supply Company of Orissa c. Southern Electricity Supply Company of Orissa d. Western Electricity Supply Company of Orissa 4.3.4 West Bengal a. Calcutta Electricity Supply b. DPSC. c. Durgapur Projects d. West Bengal State Electricity Distribution 4.3.5 Sikkim a. Energy & Power Department, Govt. of Sikkim 4.4. Domestic Tariff 4.4.1 Bihar a. Bihar State Electricity Board 4.4.2 Jharkhand a. Damodar Valley Corporation b. Jamshedpur Utility & Services Company c. Bokaro Power Supply Company Pvt. d. TATA Steel 4.4.3 Odisha a. Central Electricity Supply Company of Orissa b. North Eastern Electricity Supply Company of Orissa c. Southern Electricity Supply Company of Orissa d. Western Electricity Supply Company of Orissa 4.4.4 West Bengal
a. Calcutta Electricity Supply b. DPSC. c. Durgapur Projects d. West Bengal State Electricity Distribution 4.4.5 Sikkim a. Energy & Power Department, Govt. of Sikkim 4.5. Temporary Tariff 4.5.1 Bihar a. Bihar State Electricity Board 4.5.2 Jharkhand a. Damodar Valley Corporation b. Jamshedpur Utility & Services Company c. Bokaro Power Supply Company Pvt. d. TATA Steel 4.5.3 Odisha a. Central Electricity Supply Company of Orissa b. North Eastern Electricity Supply Company of Orissa c. Southern Electricity Supply Company of Orissa d. Western Electricity Supply Company of Orissa 4.5.4 West Bengal a. Calcutta Electricity Supply b. DPSC. c. Durgapur Projects d. West Bengal State Electricity Distribution 4.5.5 Sikkim a. Energy & Power Department, Govt. of Sikkim
5. Southern Region Power Distribution Tariff in India 2016 5.1. Industrial Tariff 5.1.1 Andhra Pradesh a. Central Power Distribution Company of A.P. b. Eastern Power Distribution Company of A.P. c. Northern Power Distribution Company of A.P. d. Southern Power Distribution Company of A.P. 5.1.2 Karnataka a. Bangalore Electricity Supply b. Chamundeshwari Electricity Supply c. Gulbarga Electricity Supply d. Hubli Electricity Supply e. Mangalore Electricity Supply 5.1.3 Tamil Nadu a. Tamil Nadu Electricity Generation & Distribution Co. 5.1.4 Kerala a. Kerala State Electricity Board 5.2. Commercial Tariff 5.2.1 Andhra Pradesh a. Central Power Distribution Company of A.P. b. Eastern Power Distribution Company of A.P. c. Northern Power Distribution Company of A.P. d. Southern Power Distribution Company of A.P. 5.2.2 Karnataka
a. Bangalore Electricity Supply b. Chamundeshwari Electricity Supply c. Gulbarga Electricity Supply d. Hubli Electricity Supply e. Mangalore Electricity Supply 5.2.3 Tamil Nadu a. Tamil Nadu Electricity Generation & Distribution Co. 5.2.4 Kerala a. Kerala State Electricity Board 5.3. Agricultural Tariff 5.3.1 Andhra Pradesh a. Central Power Distribution Company of A.P. b. Eastern Power Distribution Company of A.P. c. Northern Power Distribution Company of A.P. d. Southern Power Distribution Company of A.P. 5.3.2 Karnataka a. Bangalore Electricity Supply b. Chamundeshwari Electricity Supply c. Gulbarga Electricity Supply d. Hubli Electricity Supply e. Mangalore Electricity Supply 5.3.3 Tamil Nadu a. Tamil Nadu Electricity Generation & Distribution Co. 5.3.4 Kerala a. Kerala State Electricity Board
5.4. Domestic Tariff 5.4.1 Andhra Pradesh a. Central Power Distribution Company of A.P. b. Eastern Power Distribution Company of A.P. c. Northern Power Distribution Company of A.P. d. Southern Power Distribution Company of A.P. 5.4.2 Karnataka a. Bangalore Electricity Supply b. Chamundeshwari Electricity Supply c. Gulbarga Electricity Supply d. Hubli Electricity Supply e. Mangalore Electricity Supply 5.4.3 Tamil Nadu a. Tamil Nadu Electricity Generation & Distribution Co. 5.4.4 Kerala a. Kerala State Electricity Board 5.5. Temporary Tariff 5.5.1 Andhra Pradesh a. Central Power Distribution Company of A.P. b. Eastern Power Distribution Company of A.P. c. Northern Power Distribution Company of A.P. d. Southern Power Distribution Company of A.P. 5.5.2 Karnataka a. Bangalore Electricity Supply
b. Chamundeshwari Electricity Supply c. Gulbarga Electricity Supply d. Hubli Electricity Supply e. Mangalore Electricity Supply 5.5.3 Tamil Nadu a. Tamil Nadu Electricity Generation & Distribution Co. 5.5.4 Kerala a. Kerala State Electricity Board 6. ENINCON s Analysis 6.1 Intra State Discom s Analysis 6.1.1 Zones with Highest Revenues 6.1.2 Circles with Highest Revenues 6.1.3 AT&C Losses a. Losses Within Different Circles b. Metering Efficiency of Discoms c. Collection Efficiency of Discoms 6.1.4 Standard Operating Procedures (SOP) 6.1.5 Discom with Highest Degree of Automation 6.1.6 Truing Up Schedule 2014-15 6.2 Inter State Discom s Analysis 6.2.1 Best Performing Discoms 6.2.2 Best Practices followed amongst Discoms 6.3 CERC Tariff Regulation 2014-19 Analysis 6.4 Tariff Comparison 2015-16 6.5 New Tariff Policy/Regulation Analysis 7. ENINCON s Recommendations