Statement showing cost & profitability of power generated - Cogeneration Plant

Budg qty per month Actual for Apr-2004 Vaiance Apr-2004

Unit of Amount Amount Unit rate Amount Remarks
Sr Particulars Measur Quantity Rate Rs Lacs Quantity Rate Rs Lacs Quantity Rate Rs Lacs

(A) INCOME
Less contribution due
A01 Power generated kWh 5,808,646 4,979,350 829,296 to low generartion
A02 Less Captive Cons. kWh 479,213 397,618.00 81,595 = 747701 x (4.50-3.17)
A03 Net Power output kWh 5,329,433 4.50 23,982,446 4.50 4,581,732 4.50 20,617,794 4.50 747,701 -3,364,652 996,606.44

A04 Steam Credits MT 12,860 450 5,787,000 1.086 11,825 450 5,321,250 1.161 1,035 0.08 -465,750

Total

(B) VARIABLE COST ###

B01 Natural Gas (Al Or) LSM³/ Yr 778,208 4.60 3,579,758 1,264,068 6.53 8,254,885 485,860 4,675,127
B02 Natural Gas (Al Gl) 739,417 3,955,879 903,809.00 6.08 5,499,000 164,392 1,543,121
B03 R-LNG Al 805,833 8.31 6,696,475 6.125 6.344 0.219 Increase in avg. fuel cost per SCM
B04 HSD ind 4,121 23.14 95,360 4,121 95,360
B05 Fuel Bill 14,232,113 2.670 13,849,245 3.023 -382,868 0.35
B06 Stores & Spares 987,500 1,087,190 99,690
B07 Electricity Duty 685,296 348,555 -336,741
B08 Mat & Chem 45,833 6,577 -39,256
Yield kwh/SCM 2.50 2.297
Total variable cost Rs/kwh 15,950,741 2.993 15,291,567 3.338 0.34 -659,175 0.22 Rs/kwh due to low yield and
remaining due to high priced RLNG
(C) CONTRIBUTION 13,818,705 1.51 10,647,477 1.16 -0.34 -3,171,228

(D) FIXED COST Rs lacs

D01 Salaries & Wages 467,333 467,333 0

D02 Depreciation 2,079,880 2,079,880 0
D03 Interest 1,770,417 1,770,417 0
D04 Rent 150,000 150,000 0
D05 Insurance 505,000 505,000 0
D06 Repairs & Maint 50,000 137,283 87,283
D07 AMC charges 1,680,000 1,680,000 0 Less contribution due to low yield
D08 Misc Expenses 12,500 2,810 -9,690 and increased fuel price due to
reduction in lower price APM gas qty
Total fixed costs 6,715,130 1.260 6,792,723 1.483 0.22 77,593 =0.445 x 4581772
Total unit cost Rs./kwh 3.17 3.66 0.492 2,252,214.15
(E) PROFIT/ (LOSS) 7,103,575 3,854,754 -3,248,821 3,248,820.59
 1,231,050

remaining due to high priced RLNG

reduction in lower price APM gas qty

 Statement showing cost & profitability of power generated - Cogeneration Plant

Budg qty per month Actual for June-2004

Unit of Amount
Sr Particulars Measur Quantity Rate Rs. Quantity Rate

(A) INCOME

A01 Power generated kWh 5,808,646 2,844,000

A02 Less Captive Cons. kWh 479,213 234,630
A03 Net Power output kWh 5,329,433 4.50 23,982,446 4.50 2,609,370 4.50

A04 Steam Credits MT 12,860 450 5,787,000 1.086 7,110 450

Total

(B) VARIABLE COST 1,008,511

B01 Natural Gas (Al ) SM³ 778,208 4.60 3,579,758 690,000 4.80
B02 Natural Gas (Al Gl) SM³ 739,417 5.35 3,955,879 0 5.35
B03 R-LNG Al SM³ 805,833 8.31 6,696,475 6.125 318,511 8.90
B04 HSD ind 0 23.25
B05 Fuel Bill 14,232,113 2.670 6,146,745
B06 Stores & Spares 987,500
B07 Electricity Duty 685,296
B08 Mat & Chem 45,833
Yield kwh/SCM 2.50 2.820
Total variable cost Rs/kwh 15,950,741 2.993

(C) CONTRIBUTION 13,818,705 1.51

(D) FIXED COST Rs lacs

D01 Salaries & Wages 467,333

D02 Depreciation 2,079,880
D03 Interest 1,770,417
D04 Rent 150,000
D05 Insurance 505,000
D06 Repairs & Maint 50,000
D07 AMC charges 1,680,000
D08 Misc Expenses 12,500

Total fixed costs 6,715,130 1.260

Total unit cost Rs./kwh 3.17
(E) PROFIT/ (LOSS) 7,103,575
 Vaiance Apr-2004
Amount Unit rate Amount Remarks
Rs. Quantity Rate Rs Lacs

Less contribution due

2,964,646 to low generartion
244,583 = 886024 x (4.50-3.17)
11,742,165 4.50 2,720,063 ### 3,625,558.19

3,199,500 1.226 5,750 0.14 -2,587,500

3,312,000 -88,208 -267,758

0 -739,417 -3,955,879
2,834,745 6.095 -0.031 Increase in avg. fuel cost per SCM
0 0 0
2.356 -8,085,368 -0.31
600,000 -387,500
380,000 -305,296
15,000 -30,833

7,141,745 2.737 -0.26 -8,808,997 0.21 Rs/kwh increse is

due to high priced RLNG
7,799,920 1.76 0.26 -6,018,785

465,000 -2,333
2,051,386 -28,494
1,770,417 0
150,000 0
505,000 0
50,000 0
1,680,000 0 Less contribution due to
4,000 -8,500 increase in fuel price as R-LNG
portion increses
6,675,803 2.558 1.30 -39,327 =0.18 x 4443409
4.07 0.90 2,353,899.31
1,124,117 -5,979,457 5,979,457.50
 1231050
665,000
1,896,050
 Statement showing cost & profitability of power generated - Cogeneration Plant
Oct 04(1to 24)
Converted to Monthly
Unit of Amount Unit rate
Sr Particulars Measur Quantity Rate Rs.

(A) INCOME

A01 Power generated kWh 5,441,648

A02 Less Captive Cons. kWh 410,565
A03 Net Power output kWh 5,031,083 4.50 22,639,874 4.50

A04 Steam Credits MT 10,550 450 4,747,650 0.944

Total 27,387,524

(B) VARIABLE COST

B01 Natural Gas (Al ) SM³ 972,030 4.25 4,131,126

B02 Other fuel (Al Gl) SM³ 657,280 5.15 3,384,992 Avg. gas
B03 R-LNG Al SM³ 281,330 8.35 2,349,107 5.163
B04 HSD 1,221 23.25 28,380
B05 Fuel Bill 9,893,604 1.966
B06 Stores & Spares 650,000
B07 Electricity Duty 838,000
B08 Mat & Chem 25,000
Yield kwh/SCM 2.848
Total variable cost Rs 11,406,604 2.267

(C) CONTRIBUTION 15,980,919 2.23

(D) FIXED COST Rs lacs

D01 Salaries & Wages 465,000

D02 Depreciation 2,051,386
D03 Interest 1,770,417
D04 Rent 150,000
D05 Insurance 505,000
D06 Repairs & Maint 50,000
D07 AMC charges 1,680,000
D08 Misc Expenses 5,000

Total fixed costs 6,676,803 1.327

Total unit cost Rs./kwh 2.65
(E) PROFIT/ (LOSS) 9,304,116
473068
8.38
 Statement showing cost & profitability of power generated - Cogeneration Plant

Budg qty per month Actual for June-2004

Unit of Amount
Sr Particulars Measur Quantity Rate Rs. Quantity Rate

(A) INCOME

A01 Power generated kWh 5,808,646 5,054,285

A02 Less Captive Cons. kWh 479,213 405,555
A03 Net Power output kWh 5,329,433 4.50 23,982,446 4.50 4,648,730 4.50

A04 Steam Credits MT 12,860 450 5,787,000 1.086 11,946 450

Total

(B) VARIABLE COST

B01 Natural Gas (Al ) SM³ 778,208 4.60 3,579,758 711,006 4.55
B02 Natural Gas (Al Gl) SM³ 739,417 5.35 3,955,879 296,038 8.61
B03 R-LNG Al SM³ 805,833 8.31 6,696,475 6.125 797,328 9.05
B04 HSD ind 333 23.25
B05 Fuel Bill 14,232,113 2.670 13,007,241
B06 Stores & Spares 987,500
B07 Electricity Duty 685,296
B08 Mat & Chem 45,833
Yield kwh/SCM 2.50 2.801
Total variable cost Rs/kwh 15,950,741 2.993

(C) CONTRIBUTION 13,818,705 1.51

(D) FIXED COST Rs lacs

D01 Salaries & Wages 467,333

D02 Depreciation 2,079,880
D03 Interest 1,770,417
D04 Rent 150,000
D05 Insurance 505,000
D06 Repairs & Maint 50,000
D07 AMC charges 1,680,000
D08 Misc Expenses 12,500

Total fixed costs 6,715,130 1.260

Total unit cost Rs./kwh 3.17
(E) PROFIT/ (LOSS) 7,103,575
 Vaiance Apr-2004
Amount Unit rate Amount Remarks
Rs. Quantity Rate Rs Lacs

Less contribution due

754,361 to low generartion
73,658 = 886024 x (4.50-3.17)
20,919,285 4.50 680,703 -3,063,161 907,305.13

5,375,700 1.156 914 0.07 -411,300

2,548,603.00

3,235,077 -67,202 -344,681

2,548,603 -443,379 -1,407,276
7,215,818 7.204 1.079 Increase in avg. fuel cost per SCM
7,742 333 7,742
2.798 -1,224,872 0.13
325,152 -662,348
401,376 -283,920
15,000 -30,833

13,748,769 2.958 -0.04 -2,201,972 0.21 Rs/kwh increse is

due to high priced RLNG
12,546,216 1.54 0.04 -1,272,489

465,000 -2,333
2,051,386 -28,494
1,770,417 0
150,000 0
505,000 0
100,000 50,000
1,680,000 0 Less contribution due to
4,000 -8,500 increase in fuel price as R-LNG
portion increses
6,725,803 1.447 0.19 10,673 =0.18 x 4443409
3.25 0.08 375,856.64
5,820,413 -1,283,162 1,283,161.77
 1231050
440,152
1,671,202
 Statement showing cost & profitability of power generated - Cogeneration Plant

Budg for year Budg qty per month

Unit of Amount Unit
Sr Particulars Measur Quantity Rate Rs Lacs rate Quantity Rate

(A) INCOME

A01 Power generated kWh 69,703,750 5,808,646

A02 Less Captive Cons. kWh 5,750,559 479,213
A03 Net Power output kWh 63,953,191 4.50 287,789,358 4.50 5,329,433 4.50

A04 Steam Credits MT 154,320 450.00 69,444,000 12,860 450

Total

(B) VARIABLE COST

B01 Natural Gas (Al Or) LSM³/ Yr 9,338,500 4.60 42,957,100 0.374 778,208 4.60
B02 Natural Gas (Al Gl) 8,873,000 5.35 47,470,550 739,417
B03 R-LNG Al 9,670,000 8.31 80,357,700 6.125 805,833 8.31
B04 HSD ind
B05 Fuel Bill 170,785,350 14,232,113
B06 Stores & Spares 11,850,000
B07 Electricity Duty 8,223,546
B08 Mat & Chem 550,000
Yield kwh/SCM 2.50
Total variable cost Rs/kwh 191,408,896 2.993

(C) CONTRIBUTION 165,824,462 1.51

(D) FIXED COST Rs lacs

D01 Salaries & Wages 5,608,000

D02 Depreciation 24,958,564
D03 Interest 21,245,000
D04 Rent 1,800,000
D05 Insurance 6,060,000
D06 Repairs & Maint 600,000.00
D07 AMC charges 20,160,000
D08 Misc Expenses 150,000

Total fixed costs 80,581,564 1.260

Total unit cost Rs./kwh
(E) PROFIT/ (LOSS) 85,242,898
 Actual for May-2004 Vaiance Apr-2004
Amount Amount Unit rate Amount
Rs Lacs Quantity Rate Rs Lacs Quantity Rate Rs Lacs

4,851,745 956,901
408,336.00 70,877
23,982,446 4.50 4,443,409 4.50 19,995,341 4.50 886,024 -3,987,106

5,787,000 1.086 13,498 450 6,074,100 1.367 -638 0.28 287,100

###

3,579,758 1,512,363 7.25 10,964,632 734,155 7,384,873

3,955,879 389,197.00 6.76 2,629,744 -350,220 -1,326,135
6,696,475 6.125 7.149 1.024
27,849 23.25 647,489 27,849 647,489
2.670 14,241,865 3.205 9,753 0.53
987,500 66,871 -920,629
685,296 365,000 -320,296
45,833 17,517 -28,316
2.551
15,950,741 2.993 14,691,253 3.306 0.31 -1,259,488

13,818,705 1.51 11,378,188 1.19 -0.31 -2,440,518

467,333 465,000 -2,333

2,079,880 2,051,386 -28,494
1,770,417 1,770,417 0
150,000 150,000 0
505,000 505,000 0
50,000 100,000 50,000
1,680,000 1,680,000 0
12,500 3,178 -9,322

6,715,130 1.260 6,724,981 1.513 0.25 9,851

3.17 3.45 0.29
7,103,575 4,653,207 -2,450,368
Remarks 1231050
184,388
1,415,438

Less contribution due

to low generartion
= 886024 x (4.50-3.17)
1,180,976.50

Increase in avg. fuel cost per SCM

0.21 Rs/kwh increse is

due to high priced RLNG

Less contribution due to

increase in fuel price as R-LNG
portion increses
=0.18 x 4443409
1,269,391.82
2,450,368.32
 Quarterly Stores spares, and R& M Budget for Co-generation, Power House & Water Plant

Duration : April-04 to June-04

Budgeted Budget Actual for Remark

Sr. Cost Centre for year Qtly April-04 to June-04
No. 2004-05 Q1 Spares R&M Total
Rs. in Lac Rs. in Lac Rs. in Lac
1 Cogeneration Plant - CC 231 130.00 32.50 16.04 2.37 18.41
2 AMC for Gas Turbine - CC 231 201.60 67.20
3 Power Distribution - CC 232 48.80 12.20 0.20 0.35 0.55
4 Steam Distribution - CC 233 5.76 1.44 0.24 0.39 0.63
5 Water plant - CC 234 0.00
TOTAL 386.16 113.34 16.48 3.11 19.59

'file:///conversion/tmp/scratch/447894741.xls'#$Expense
Quaterly Production Budget for Co-generation, Power House & Water Plant

Duration : Apri-04 to June-04

Sr. Entity YEAR 2004-05, Q1 Remarks

No. Budgeted Actual
qtly Apri-04 to June-04
1 Electricity in KWH
1.1 Gas Turbines 17,425,938 14,885,380
1.2 DG Gen. 37,500 5,920
1.3 Wind Farm 2,505,600 2,355,979
1.4 GEB 91,251 596,018
Total 20,060,289 17,843,297

2 Steam in MT
2.1 WHRSG 38,580 37,269
2.2 Boilers - -
Total 38,580 37,269

3 Water in KL
3.1 Water for General Use 194,768 96793 Kl in gen use
3.2 Soft Water 122,723
3.3 RO Water 30,074
Total 347,565

'file:///conversion/tmp/scratch/447894741.xls'#$Prod
Quaterly Raw Material Budget for Co-generation, Power House & Water Plant

Duration : Apri-04 to June-04

Sr. Material Description UOM Budget qtly Actual Apri-04 to June-04 Remarks
Quantity Cost Quantity Cost

1 Fuels
1.1 Natural Gas SCM 6,991,500 46,518,950 5,876,203 39,600,428
1.2 High Speed Diesel Lit 0.00 0 4,454 103,556
1.3 Furnace Oil Lit 0.00 0 - 0.00
Total Rs. 46,518,950 39,703,984

2 Power
GEB Kwh 91,251 4,977,975 596,018 7,593,825
Wind Farm Kwh 2,505,600 12,528,000 2,355,979 11,779,895

3 Chemicals for Rs. NA 300,000 NA 124,579

water treatment

4 Ele. Duty
4.1 DG set Kwh
4.2 GT set Kwh
Total Duty Rs.

Total

'file:///conversion/tmp/scratch/447894741.xls'#$rmc
CO-GENERATION PLANT PERFORMANCE REVIEW FOR Q1 2004-05.(April-04 to June-04)

Budg for year 2004-05 Budg qty per quarter Actual for 04-Q1 ( Apr-june 04)
Unit of Amount Amount Amount
Sr Particulars Measur Quantity Rate Rs Lacs Quantity Rate Rs Lacs Quantity Rate Rs Lacs

A01 Power generated kWh 69,703,750 17,425,938 14,885,380

A02 Less Captive Cons. kWh 5,750,559 1,437,640 8.25 % of Gen 1,211,509 8.14 % of Gen
A03 Net Power output kWh 63,953,191 4.50 287,789,358 15,988,298 13,673,871

A04 Steam Generation MT 154,320 450.00 69,444,000 38,580 37,269

Total

B01 Natural Gas (Al) SM³ 9,338,500 4.60 42,957,100 2,334,625 4.60 10,739,275 2,144,077 4.73 10,143,139
B02 Natural Gas (Al Glass) SM³ 8,873,000 5.35 47,470,550 2,218,250 5.35 11,867,638 1,589,044 6.72 10,674,733
B03 R-LNG Al SM³ 9,670,000 8.90 86,063,000 2,417,500 8.90 21,515,750 2,095,553 8.96 18,774,387
Total Gas Fuel SM³ 27,881,500 6.33 176,490,650 6,970,375 6.33 44,122,663 5,828,674 6.79 39,592,260
B04 HSD Liter 4,454 23.25 103,556

Yield Kwh/SCM 2.50 2.55

B05 Stores & Spares 11,850,000 2,962,500 1,479,213

D08 Repairs & Maint 600,000.00 150,000 237,283
B07 Mat & Chem 550,000 137,500 124,579

Total 3,250,000 1,841,075

B06 Electricity Duty 8,223,546 2,055,887 1,114,931

D07 AMC charges 20,160,000 5,040,000 5,040,000

Note
> Reduction in power generation of 14.6 % due to reduction in avilability of Gas fuel.
> Reduction in power generation is low compare to gas fuel is due to higher yield of GT.
> Auxilery power consumption has been lower compare to budget by 0.11 % (Last Year 8.52 % ) is a result of various energy consevation efforts.
> Increase in Gas fuel weighted price from 6.65 to 6.74 Rs./SCM is due to increase in price of Alembic Glass gas.
> Lower electricity duty is a result of minimum operation of GT # 3.
'file:///conversion/tmp/scratch/447894741.xls'#$qt review
Quaterly Variance
Amount
Quantity (%) Rate % in %

-14.6
-15.7
-14.5

-3.4

-8.2 -5.6
-28.4 -10.1
-13.3 -12.7
-16.4 7.3 -10.3

-43.4

-45.8
0.0