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REACTIVE ENERGY POOL ACCOUNT OF NR

REACTIVE ENERGY POOL ACCOUNT OF NR. REACTIVE ENERGY POOL ACCOUNT GENERATES A SURPLUS FUND OF RS 47 LAKHS (APPROX.) PER WEEK ON AN AVERAGE. REACTIVE ENERGY POOL ACCOUNT (contd.). AS PER TERMS AND CONDITION NO INTEREST IS BEING PAID BY BANK ON THIS BALANCE

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REACTIVE ENERGY POOL ACCOUNT OF NR

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  1. REACTIVE ENERGY POOL ACCOUNT OF NR REACTIVE ENERGY POOL ACCOUNT GENERATES A SURPLUS FUND OF RS 47 LAKHS (APPROX.) PER WEEK ON AN AVERAGE.

  2. REACTIVE ENERGY POOL ACCOUNT (contd.) • AS PER TERMS AND CONDITION NO INTEREST IS BEING PAID BY BANK ON THIS BALANCE • THIS SURPLUS BALANCE IS Rs 8.53 LAKHS IN NR AND LYING UNUTILISED. • GUIDELINES/POLICY IS TO BE DEVICED FOR UTILISATION OF THIS AMOUNT AND THE TREATMENT OF BALNCE FUND UNTIL FINAL UTLISATION

  3. INTER – REGIONAL POOL ASSET • AMOUNT GENERATED REMAINS IN CURRENT ACCOUNT WITH ZERO INTEREST • UNIFORM GUIDELINES ARE TO BE DECIDED FOR • TRANSFERRING THE FUND TO OTHER APPROPRIATE ACCOUNT • APPORTIONMENT OF CREDITS OF THE CONSTITUENTS

  4. CALCULATION OF INTEREST • INTEREST IS BEING CALCULATED IN VARIED MANNER BY RLDCs • GUIDELINES ARE TO BE FORMULATED ON FOLLOWINGS:- • PERIDIOCITY OF THE INTEREST ACCOUNT. • ISSUING AUTHORITY OF INTEREST ACCOUNT • PAYMENT DATE OF CHARGES. • NEUTRILISATION OF DIFFERENCE IN THE TOTAL INTEREST PAYABLE AND RECEIVABLE

  5. INTER REGIONAL UI CHARGES • IN THE UI ACCOUNT OF SOME OF THE WEEKS NEGATIVE UI IS GENERATED. I.E. ONE REGION’S PAYABLE IS LESS THAN THE OTHER REGION’S RECEIVABLE. HOW TO OFFSET SUCH SITUATIONS.

  6. STATUS OF REACTIVE ENERGY ACCOUNT AS ON 13-11-2003

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