I. Details of lease finance availed from M/s IL&FS and M/s HDFC in respect of Sirsi-Guttur line II. Details of capitalisation.

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Presentation transcript:

I. Details of lease finance availed from M/s IL&FS and M/s HDFC in respect of Sirsi-Guttur line II. Details of capitalisation

Present Cost of 400 KV DC : Sirsi – Guttur Line based on recent rates given to M/S L & T by PGCIL in respect of 400 KV Kaiga-Narendra line Written Down Value by depreciating by 7.39% on W.D.V Basis48.40 Written Down Value by depreciating by 3% on Straight Line Method Basis56.63 Written Down Value by depreciating by 2.57% on Straight Line Method Basis (Rate prescribed by CERC for lines on fabricated steel operating at nominal voltages higher than 66 KV) Note : 1) Date of Commission : ) Depreciation is computed for the period from to ) W.D.V of Rs Cr. is acceptable to KPTCL subject to approval of the Corporation. NET ASSET VALUES OF SIRSI-GUTTUR LINES AS ON Rs. in Cr.

I. SUB LEASEILFS up to HDFC up to Total PGCIL continue to pay lease rentals up to the expiry of lease period Options to PGCIL Rs. In Cr. II. If PGCIL Takes over the Assets Cost to be paid to KPTCL at WDV as on Applicable Taxes if any Addl. Expenditure to be incurred by KPTCL consquent to predetermination of lease agreement 1.16