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REGISTERED NO. D. (D.N.)-72

The Gazette of India

EXTRAORDINARY

PART II—Section 3—Sub-section (i)

PUBLISHED BY AUTHORITY

No. 80] NEW DELHI, THURSDAY, MARCH 10, 1983/PHALGUNA 19, 1904

Separate Paging fa given to this Part in order that it may be filed as a separate compilation

1445 GI/82

(1)

MINISTRY OF ENERGY

(Department of Power)

(b) for cost of cleaning site

NOTIFICATIONS

New Delhi, the 24th Fcbruaiy, 1983

The period of tha leaso reniaiaing unexpired at *he ditt of cL'ariaj tho ii>..

C. Assets purchased new—

(a) PUnt and machinery m

G . S. R. 254(E).—In exercise" of the powers confrircd by sub-paragraph(a) t,f paragraph VI of the Sixth Schedule to the Electricity (Supply) Act, 1948. (54 of 1948), the Central Govern- ment, after consultation with the Authority, hereby notifies that tho licenseo shall provide for depreciation such sum as is calcu- li tud ii rccO'.ilauct with the following principles, namely:—

1. Providing of depreciation by licensees-—(a) the licensee

gew/u 11113 st:tioa;, iucluding plant foundations-- (i) Uydro-tlect-ic (ii) sWam-cldCtric (li) dcsiel-clectric

Thirty-five Twcnty-fivt Fifteen

shall provide for depreciation—

Thirty

(b) Cooling towora and circulating

water systems.

(c) Hydiaulic works forming

pjit of a hydro clccttic system including -

(i) dami, spilways, weirs, O.¥) hundrcl

te

can;ils, icirjforced concrei flumes ai d syphons.

(i) Such an amount as would, if set aside annually through- out tth, pLcscribod pro'iod and accumulated at com- pound it.te.cst at 4 por cent per annum, produce by tho end of the prescribed pci icd an amount equal to nuvty per cent cf the original cost of the asset of after taking into account the sums already writte n off or set aside in the books of tho undertaking. Anrual interest on the accumulated balanco will be allowed as an expense from levenue as well as the annual incremental deposit, or

Ft,r y

escribed period •

(ii) reinforced concrUe pipe- lines and suvge tank, steel pipe-lines, sluice g.ites, stool s wye (tanks) hyjra u- lii-cont-Ol valves and othor hydraulic works.

(dl Buildings and civil engineering

Provided, however that if a licensee has already opted for a particulai method before the commence- ment of tho Flectncily (Supply)JAmendment Act, 1978 (23 of 1978), he shall continue to follow the sanu method.

er,

works of a permanent charact not mentioned above,

Fifty

Thirty

(i) offices und showrooms (ii) containing fternio-eltsctric

gen^ratirtj plant

(b) Whore ai,y fixed .'sset ceases to be available, for use through obsolescence, inadequacy, superfluity or for any other reason, it shall be described in the books of the licensee as no Ic nper ir> use ai d no further deprecia- tion in respect thereof shall be" allowed as a charge against revenue.

(hi) Concaininjj hyc*io-cloct.-ic Th ity Qvt:

go o-;M.tiag plant

Five (c) When any .isset lias boen written down in the books of the undertaking to 10 ptr cent or less of its original cost, th> further depreciation shall be allowed in respect of th.n t asset.

On; hundied

(iv) tcmp-i.'ary erection such as wooden structuii?¹:. (v) roaos other than ku chi

dl) Ant

Fifty

roads (vi) others

2. Pwiod of application of tho principles of depreciation — These pi incipli s shall apply to the charging of depreciation for the accnuntirjg ytiir commencing on the 1st day of April, 1983 and tndin" on the 31st day of March, 1984.

(e) Tramforiw. s, tiansformei (Kiosk), sub-station? equip- ment anJ othi^r Hxed apparat- us (including plant foujdations)

Th ity-five

(i) transformers (itvrliidi'.g fouodntion*) havitjgja sat- ing'of 100 kilovolt amperes and over,

Twcnty-fWo

(ii) others

Explanation:— In this notification "prescribed pe"od" means—Li lespect of assets specified in the schedule to this notification, the number of yearsoi peiiod specified therein, in rela tion to such asset running in each case from the beginning of the year of account next following that in which the parti- cular asset became available for use in the business.

Twenty

(0 Switchgear, including cable

SCHEDULE

connections

Numbei of years or

Description of asset

(ff) .lightning arrestors—

period

(i) Station type

2

(i) Overhead lines, including supports

Thirty-five (i) lines on fabricated steel

supports operating at nominal voltages higher than 66 kilovoHs.

Thirty

(ii) lines on steel supports opciatiiig ;'f nominal volt- ages, higher than 13,2 kiloviMts but not exceed- ing 66 kilovolts .

Twenty-five fiii) lines Mil steel oi reinforced

rcitifaiccd concrete supports

Twonty

(iv) lines on t e&tcd wood

supports

(j) Motors

(k) sclf-propolled vehicles

d) static mf.chin; took

fm) Ai-conditioning plarl- (i) Static (ii) Portable

Fifteen

Seven

Twenty

Fifterr> Seven

(a) (i) Office furntura a ad fittings Twenty Ten >• if teen (ii) Office oquipmcot (iii) inteail wiring, including fittings a nd appa i a tus (iv) SI cet-light fittings

(o) AppaiotiLs let onbi.o—

(i) other than mot Jrs (ii) motors

Fifteen

Seven Twenty

(p) Communication equipment—

(i) Rudio and hig)i frequency

carrier system Fifteen

(ii) Telephone linos ;ind

telephcncs

¹ Twenty

Assets purchased second hand and Such reasonable peiiod asst's nit oth:rwiso provi'lfd' for as the State Govetn- in this Schedule. ment determines ia each case having regard to the nature, ago and condition rf tho asset at the time of its acquisition by the owner.

[No. 25/9/83-D(SEB)]

G.S.R.No.25S(E);—In exercise of the powers conferred by sub-section(l) of section 68 of the Electricity (Supply) Act, 1948 (54 of 1948), the Central Government, after consultation with the Authority, hereby notifies that the Board shall provide for depreciation such sum as ii calculated in a ^ j r d i nw with the following principles, namely:—

1. Providing of depreciation by Board: The Board shall provide for depreciation such sum as is calculated in accordance with the straight line method of depreciation, that is to say, such an amount as is arrived at by dividing ninety p<.r cent of the original cost of the assets, after taking into account the sum already written off and sot-aside in the books of the Board, by the prescribed period in respect of such assets:

Provided that the contribution in respect of any asset to depreciation shall cease at the end of the prescribed period or when the assest ceasos to be used by the Board whichever is earlier.

2, pei IOJ of application of the principles of depreciation;— 'I heso principles shall apply to the charging of depreciation lor the accounting year commencing on the 1st of April, 1983, and ending on 31st March, 1984.

Explanation: In this notification, "prescribed period" means—

(a) in relation to an asset which became available to the Board for its use in iti business before the commence- ment of the Electricity (Supply) Amendment Act, 1966 (30 of 1966), means the number of years as defined in the schedule to this notification reduced by the number

1445 GI/82—2

foundations) having a rating of 100 kilovolt amperes and over

of years during which such asset was used or capable of being used, such years being computed from the beginning of the year next following that in which that asset became BO available to the Board and upto the end oi the year ending on or after such commencement,

(ii) others

Twentyfive

(b) relation to any other asset, the number of years or

(0 Switchgcar, including cables Twenty

period specified in the said Schedule.

connections

SCHEDULE

(IT) Lightning arrestors—

Twenty

Number of years or

Description of asset

Fifteen period

(i) Station type (ii) Pole type (iii) synchronous condensers

Thirtyfive

1

2

Ten

(g) Batteries (h) (i) Underground cables in-

Forty

Infinity

A. Land owned under full title

B. Land held under lease—

cluding joint boxei and disconnecting boxes

(a) for investment in the land

(ii) Cables duct system

Sixty

(b) for cost of clearing site

(i) Overhead lines including

supports

Thirtyfive The period of the lease, or the period remaining unexpired on the assignment of the lease. The period of the lease remaining unexpired at the date of clearing the site,

(i) Lines on fabricated steel supports operating at nominal voltages higher than 66 kilovolts

C. Assets purchased new—

Thirty

(a) Plant and machinery in

generating stations including foundations—

(ii) lines on steel supports operating at nominal volt- ages, "higher than 13.2 kilovolts but not exceeding 66 kilovolts

(iii) lines on steel or reinforced Twentyfive (i) hydro-electric (ii) steam-electric (iii) dcisel-electric

concrete supports

(b) Cooling towers andciiculating

Thirtyflve Twcntyflve Fifteen Thirty

Twenty

(iv) lines on treated wood

• water systems.

supports

(c) Hydraulic works forming part of a Hydro-electric system, including—

(j) Meters (k) self-propelled vehicles (1) Static machine tools

(m) Air-conditioning plant—

One hundred

(i) dams, spilways, weirs, canah reinforced concrete flumes and syphons

(0 Static (Ii) Portablc-

Fifteen Seven Twenty Fifteen Fifteen Saven

Twenty Forty

(n) (i) Office furniture and

fittings

(ii) Office equipment

Ten Fiftoon

(iii) internal wiring including fittings and appratus

Fifteen

(iv) street-light fittings

(ii) reinforced concrete pipe- lines and surge tanks, steel pipelines, sluice gates, Steel surge tanks hydraulic control valves and other hydraulic works.

(o) Apparatus let on hire—

Seven

Twenty

(i) Other than motors ' 5 (ii) motors

(d) Buildings and civil engineering works of a permanent character not mentioned above—

(p) Communications equipment— (i) Radio and high frequency Fifteen Fifty

carrier system

(i) Offices and showrooms (ii) containing thermo-electric Thirty

(ii) Telephone lines and Twenty generating plant

telephones

(iii) containing hydro-electric Thirtyflvc

generating plant

Five

D. Assets purchased second-hand and assets not otherwise provided for in this schedule.

(iv) temporary erection such as wooden structures (v) roads other than kutcha One hundred

roads

Fifty

(vi) others

Such reasonable period as the State Govern- ment determines in each case having regard to the nature, age and condition of the asset at the time of its Acquisition by the Owner.

(e) Transformers, transformer kiosks, sub-station equipment and other fixed apparatus (Including plant foundation)— (i) transformers (including

[No. 25/9/82—D(SEB)] P.M. Ahluwalia, Jt. Secy.

Thirtyfive

PRINTED BY THE MANAGER, OOVT, OF INDIA PRESS, RING ROAD, NEW DEL1TI-110064

AND PUBLISHED BY THE CONTROLLER OF PUBLICATIONS!, DBLHI-110054, 1983