CERC RoP: Petition for Revision of Tariff for the Period 2014-19 in NTPC

NTPC Ltd Versus WBSEDCL and 5 ors.

Record of Proceedings

During the hearing, the learned counsel for the Review Petitioner circulated the note of arguments and made detailed oral submissions on the following issues:

(a) Non-consideration of the capitalization of Rs. 4.72 crores (on an accrual basis) of initial spares capitalized in 2014-19;

(b) Interest on working capital; and

(c) Non-consideration of Rs.