WISE conducted a detailed audit of the identified RE generators and the REC implementation framework, including process audit of the National Load Despatch Centre (NLDC), New Delhi, the designated agency for REC implementation. WISE analysed the data and prepared the compliance report for each project.
- Gujarat International Finance Tec-City Company Ltd : GIFT City, Gandhinagar, Gujarat for FY 2018-19 FY 2019-20 & 2020-21 (GIFT)
- Maharashtra State Load Despatch Centre (SLDC) FY 2020-21 to FY 2024-25
- Manipur State Power Distribution Company Ltd : (FY 2020-21 along with APR for FY 2019-20 and FY 2020-21 and provisional true-up for FY 2019-20 and FY 2018-19)
The utilities entrusted WISE to prepare the petition for ARR and tariff proposals based on the MYT framework of the relevant state regulatory commissions. As counsel for the utilities, WISE made an estimate of the projected energy sales, distribution losses, energy procurement quantum, power purchase costs, etc., and based on probable capital expenditure for distribution assets, other expenditure items were projected. Total aggregate revenue requirement (ARR) for each year, as per the above norms, was finalized along with revenue from different consumers. Based on the projected revenue gap, tariff changes were proposed to meet the deficit. WISE also represented the utilities at public hearings and helped in the preparation of replies from public comments. The final revised ARR documents were submitted to the respective state regulatory commissions and the final orders were secured from them.
WISE was appointed Consumer Counsel by the Odisha Electricity Regulatory Commission (OERC) (2011-12 – till date) for reviewing ARR and tariff petitions submitted by the power utilities of the state which included all state and bulk generation companies, transmission and distribution utilities, and the state load despatch centre. The scope of work was to prepare a summary of each petition for the public, provide consumer-centric analysis of the ARR and tariff petitions filed by the utilities, and represent consumer concerns identified in the analysis during public hearings at OERC.
As consumer counsel, WISE attended public hearings at OERC and presented its analysis on the ARR submitted by each utility before OERC and duly recorded the objectors’ submissions and the respective utility’s reply received before and after the public hearing. The summaries and detailed analyses by WISE were incorporated in the respective tariff orders issued by OERC.
WISE prepared a detailed discussion paper after analyzing the relevant past and current policy and regulatory approaches, and technology costs and commercial issues. WISE attended the public hearings on the tariff determination discussion paper and provided reasoned analysis of the comments. It also prepared the groundwork for the final tariff order that was issued by GERC.