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Delays in LC Opening and Payment Issues for Tamil Nadu: Overview of Current Status

Tamil Nadu has yet to open a Letter of Credit for ₹32.84 crores for UI payments, causing defaults of ₹39 crores as of May 7, 2012. Weekly SEM data receipt delays were noted in April 2012, with Andhra Pradesh yet to commence submissions. Karnataka is sending submissions only from Nelamangala and Raichur, while Tamil Nadu is limited to Gumdipundi, Hosur, and Kuzhithurai. The CERC order dated February 9, 2012, mandates connection agreements for both existing and new generators, and compliance reports have been submitted. Various connection agreements remain pending from multiple stations.

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Delays in LC Opening and Payment Issues for Tamil Nadu: Overview of Current Status

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  1. Commercial Issues TN yet to open LC for Rs.32.84Crs for UI payment delays during current year. TN default in UI charges Tamilnadu to pay Rs.39Crs towards UI charges as on 07.05.12.

  2. DELAY IN WEEKLY SEM DATA RECEIPT DURING APRIL 2012

  3. Time drift report receipt status: ANDHRAPRADESH: Yet to start sending KARNATAKA: Nelamangala & Raichur only sending. TAMILNADU Only Gumdipundi , Hosur ,Kuzhithurai sending. PONDICHERRY Sending ISGS STATIONS: MAPS : Not sending

  4. Connection Agreement… • CERC order dt 09.02.12 mandates Connection Agreement for all existing and new Generators • SRLDC submitted the Compliance report to CERC on 02-04-12 • Agreements submitted by • Simhadri-II • NTECL, Vallur • Lanco stage-II • Lanco stage-III • SEPL + MEPL

  5. Connection agreements pending • RSTPS stage-I,II • RSTPS stage-III • Talcher-II • NLC TS-II stage-1 • NLC TS-II stage-2 • NLC TS-I Exp • NLC TS-II Exp • MAPS • KGS U-1&2 • KGS U-3&4 • Kudankulam

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