M.P. Power Generating Co. Ltd
True Up Petition For FY 07   Schedule 8
Interest and Finance Charges
Amount in Lakh Rs
S. No. Particulars Nature of Loan (Project specific or Working Capital) Loan 1
LIC
Loan 2
PFC
Loan 3
REC
Loan 4
MPSEB
Loan 5
 CSS
Difference in Opn. Balance Sheet Total
1 Amount of loan outstanding as at the beginning of the financial year.   41913.66 155990.96 30363.64 23310.00 3.91 -12.05 251570.12
2 Overdues at begning of year   4131.81 0.00 0.00 515.66 213.03   4860.49
3 Scheduled repayment of principal during the financial year.   0.00 10358.57 3036.36 2590.00 3.91   15988.85
4 Actual repayment of principal during the financial year.   4131.81 9740.09 1518.18 3105.66 0.00   18495.73
5 Drawls during the financial year   0.00 36751.90 0.00 0.00 0.00   36751.90
6 Outstanding loan as at the end of financial Year.   41913.66 183002.78 28845.45 20720.00 216.94 -12.05 274686.78
7 Scheduled repayment of interest during the financial year.   3581.08 18952.06 2622.67 2797.20 0.28   27953.29[1]
8 Actual repayment of interest during the financial year.   5964.40 17292.28 1360.37 2797.20 0.00   27414.25[2]
9 Rate of Interest (%)   9.00%   9.00% 12.00%      
S. No. Particulars Allowed as per Tariff Order Actuals
Project specific loans Working Capital loans Project specific loans Working Capital loans
A Total interest payments against current dues in financial year ( not including any payments against previous year defaults of principal or interest or any penal charges on such defaults)        
B Interest capitalized to project works     11625  
C Net Interest Charges (A-B)     -11625  
I Financial charges actually incurred in financial year     1816  
II Outstanding loan as at the end of financial Year.     274687  
  Total (I+II)     276502  
Note : - With the intension of providing more clarity on the above specified form following working is made available
Particulars Approved Actual Difference
1 Schedule Interest on Loans   27953  
2 Other Financing Charges   1816  
3 Total Interest & Finance Charges   29769  
4 Less Interest Capitalized   -11625  
5 Total Interest Finance Charges for Revenue Account   18144.18  
6 Add Interest on Working Capital      
7 Total (Interest & Finance Charges + Interest on Working Capital)      

[1]
 :
Schedule 23
[2]
 :
Schedule 5 of Balance Sheet