may be shown on gross level basis. This dispensation is merely to ensure that the proper asset registers capturing all necessary details of the asset, including the costs incurred, date of commissioning, location of asset, and all other technical details are maintained for the ensuing years. However, the Licensee would also be required to clear the backlog in a time bound manner. Upon finalisation of the Transfer Scheme and clearing of backlog, the Licensee may update the fixed asset registers appropriately by passing necessary adjustments. 7 The Commission directs the Licensee to submit its share of Within 1 apportioned O&M expenses of UPPCL from FY 2007-08 onwards. month The same would be considered along with the true up petitions filed by the Licensee. 8 The Commission directs the Licensee to frame an appropriate Along with the policy on capitalization of (i) employee costs, and (ii) A&G petition for FY expenses. 2014-15 9 The Commission directs the Licensee to submit Fresh Actuarial Along with the Valuation Study Report in respect to employee expenses. petition for FY 2014-15 10 The Commission directs the Licensee to submit statutory auditor Within 1 certificate towards pay revision impacts which are uncontrollable month in nature for FY 2008-09, 2009-10, 2010-11 and 2011-12. As lack of approved transparent policy on identifying and writing Within 1 off bad debts is hindering allowance of bad debts as an ARR month component; the Commission directs the Licensee to submit ten sample cases of LT & HT consumers where orders have been issued for writing off bad debts, clearly depicting the procedure adopted for writing off bad debts along with policy framework for managing bad debts for the Commission’s perusal.
may be shown on gross level basis. This dispensation is merely to ensure that the proper asset registers capturing all necessary details of the asset, including the costs incurred, date of commissioning, location of asset, and all other technical details are maintained for the ensuing years. However, the Licensee would also be required to clear the backlog in a time bound manner. Upon finalisation of the Transfer Scheme and clearing of backlog, the Licensee may update the fixed asset registers appropriately by passing necessary adjustments. 7 The Commission directs the Licensee to submit its share of apportioned O&M expenses of UPPCL from FY 2007-08 onwards. The same would be considered along with the true up petitions filed by the Licensee. Within 1 month 8 The Commission directs the Licensee to frame an appropriate policy on capitalization of (i) employee costs, and (ii) A&G expenses. Along with the petition for FY 2014-15 9 The Commission directs the Licensee to submit Fresh Actuarial Valuation Study Report in respect to employee expenses. Along with the petition for FY 2014-15 10 The Commission directs the Licensee to submit statutory auditor certificate towards pay revision impacts which are uncontrollable in nature for FY 2008-09, 2009-10, 2010-11 and 2011-12. Within 1 month As lack of approved transparent policy on identifying and writing off bad debts is hindering allowance of bad debts as an ARR component; the Commission directs the Licensee to submit ten sample cases of LT & HT consumers where orders have been issued for writing off bad debts, clearly depicting the procedure adopted for writing off bad debts along with policy framework for managing bad debts for the Commission’s perusal. Within 1 month