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SALES AND REVENUE
The Bulk Power customer of NHDC is MP Power Management Co. Ltd., an undertaking of the State of Madhya Pradesh. The power generated from Indira Sagar Power Station and Omkareshwar Project is being supplied to the beneficiary since January' 2004 and July'2007 respectively. Year-wise details of sales and net profit from ISPS & OSP of last 5 years are given here under:-
Financial Year Sales
(Rs. In Crores)
Net Profit
(Rs. In Crores)
1. INDIRA SAGAR POWER STATION :-
2008-09 486.92 262.92
2009-10 592.47 201.63
2010-11 588.39 270.18
2011-12 688.90 397.63
2012-13 703.89 433.61
2. . OMKARESHWAR POWER STATION :-
2008-09 269.00 48.70
2009-10 302.88 10.66
2010-11 330.01 34.25
2011-12 576.74 250.11
2012-13 391.56 142.04

BILLING

As per the terms of PPA, NHDC has adopted a monthly billing cycle. Billing is done centrally at the Corporate Office on monthly basis in accordance with the Rates, Terms and Conditions of the tariff notification issued by Central Electricity Regulatory Commission (CERC) for that particular Power Station. Payments are received through confirmed, revolving, irrevocable Letters of Credit opened or through Demand Draft/ Cheques by the beneficiary (MPPMCL) in favour of NHDC. A rebate is passed to beneficiary for prompt payment within 30 days of billing, as per the guidelines of CERC. A surcharge @ 1.5% per month is levied if the payments are not made by the beneficiary beyond a period of 60 days from the date of billing, as per guidelines of CERC.

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