CROMA wanted to bring below two points pertaining to Electricity.
1) Monthly Fixed Charges being collected by CIPL
2) Sanctioned Load of each society and payment made for this to CIPL and in turn by CIPL to UPPCL.
1) Monthly Fixed Charges Being Collected by CIPL
All of the Crossings Republik residents are paying monthly fixed charges for the power connection taken by them. Currently this is Rs. 75 Per KVA for the load taken by us. However as CIPL is having limited power load available with them, they are billing to builders on minimum of sanction and peak load drawn by the society every month. At present excess monthly fixed charges is going into the pocket of Respective Builder.
For Example, if in any society in which possession is given for 300 flats, considering 5 KVA load per flat, Total Load: 300 X 5 KVA = 1500 KVA (This will be higher in many society as many resident have taken higher power load.)
(A) The fixed charges being collected by builder: 1500 KVA X Rs. 75/- = Rs. 1,12,500/-
(B) From the Power Load data of different society, we have found that for 300 flats, the sanctioned power load / peak load is less than 500 KVA. Considering 500 as a peak load, the fixed charges paid by the builder to CIPL is 500 KVA X Rs. 75 = Rs. 37,500/-
(C) The Extra Fixed Charges collected by the Builders: (A)-(B) = Rs. 75,000 Monthly (Rs. 250 Per Flat)
(D) Now, per flat excess amount which is going into the pocket of respective builder is: (C)/300= Rs. 250/-
This differential amount should be either refunded or adjusted out of common expense. In Mahagun Mascot, it was agreed on Day-1 that the excess amount will be adjusted and now they started refund to every flat owner who has cleared all dues on a certain timeframe. In Arihant Ambience society, the same kind of discussion is underway for adjustment of this excess amount out of common expense. So CROMA is requesting all the AAO/Adhoc Committee and General Body to take it up with their respective builder on same line. We, at CROMA is requesting CIPL to share the monthly fixed charges billed by them to different builders and will share it with you all after receipt of the same.
2) Sanction Load of each society and payment made for this to CIPL & in turn by CIPL to UPPCL
Currently CIPL is having sanctioned load of 10 MW (Mega Watt).
We are assuming that possession has been given to 10,000 flats and power load taken by individual flat owners are in the range of 3 KVA to 9 KVA. Considering the average power load of 5 KVA, the total power load sold by the different builders comes around 50000 KVA i.e. 50MW.
As the power load sanctioned is only 10 MW and it's assumed that the payment has been made only for 10 MW and the payment of balance 40 MW collected by the builders are either lying with respective builder or CIPL.
Considering the fact that the Power connection charges of Rs. 7500/- per KVA collected by the builder (Many Builder has collected 10,000 or more per KVA for Main Load, which is also illegal), the total amount collected towards this 40 MW main load connection which is not available as of now @ 7500/- Per KVA comes around 30 Crs.
We need to find out the power load sanctioned for every society and the amount collected by CIPL from different builders. This will help us in following manner:
1) All the builders are facing with liquidity crunch and they use the entire funds available with them, if they will not make provision of it and will spend this amount, there can be situation when additional power load will be available with CIPL, but sanction can get delayed due to delay in payment by builders to CIPL
2) There are already many examples where builder ran away from the society and residents were required to make payment again for the facility which was not provided. At present the builder are having unsold inventory hence they are available here and at later date when they will move to other projects, it will be very difficult to chase them and make them pay this amount. This fund should be deposited in a joint account.
3) The Builders are using these funds and saving interest for raising fund equivalent to this amount. As of now, none of the builders are able to raise fund at the rate of less than 13%. Even if we take interest rate of 9% yearly on this unused 30 Crs, it will be Rs. 2.70 Crs. Yearly & Rs. 22.50 Lacs Monthly. This amount should be adjusted towards Township Maintenance Charges (TMC) or any other common expense incurred.
CROMA is requesting respective AAO / Adhoc Committee to take up this most burning issue with respective builder ASAP.
In parallel, CROMA is taking up it with CIPL for collecting sanctioned load; payment collected towards it and monthly billing of fixed charges by them to different society and will share the data after receipt from them so that it will be easier to cross check at your end. If anyone is from Electricity background, please come and join with CROMA so that your expert guidance can be helpful for the 10000 flat owners of this township. Please feel free to write us on info@croma.org.in or cromaupdates@gmail.com. We will answer your concern as soon as possible.
Warm Regards,
Team CROMA
Posted by: CROMA Updates <cromaupdates@gmail.com>
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