The Comptroller and Auditor General of India (CAG) in a statement said that it has tabled a report in Parliament, showing the operational performance of Kanti Bijli Utpadan Nigam Limited (KBUNL), Damodar Valley Corporation (DVC) and temperature of Srinagar Leh transmission system. Contains three compliance audit paras on fuel management in power stations.
KBUNL was established to revive the power plant of Bihar State Electricity Board and meet the power requirements of the country.
“However, after 15 years of its operation, the company is unable to operate at full capacity and its operations continue to be hampered,” the report said.
According to the CAG report, the company failed to meet the criteria laid down by the CERC.
Projects under Phase-II were delayed, leading to time and cost overruns. The actual cost exceeded the sanctioned cost by 65 per cent (Rs 2,063 crore).
With regard to fuel management in thermal power stations, the CAG observed that the daily coal stock situation in most of the power stations had reached very critical or critical levels on several occasions.
“DVC could not earn Rs 739.71 crore due to non-generation of power due to shortage of coal,” the report said. There was also a loss of Rs 201.92 crore on account of transit and handling of coal beyond norms. Due to higher grade of coal, DVC passed on the loss of Rs 323.34 crore to the customers.
DVC suffered a loss of Rs 62.41 crore due to consumption of fuel oil in excess of the norm.
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