MENU
About Us
About Us
Our Mandate
Disclosure
Our Offices
State Level Offices
Central Audit Offices
Training Institutes
Audit Reports
Accounts
Resources
Contact Us
Working with Us
Contact Us
Media Centre
Others
CoRE
International Relations
Grievances
Employee Corner

Audit Reports

Audit Reports

Go Back
Compliance Performance
Haryana

Report no. 2 of 2020 - Public Sector Undertakings (Social, General and Economic Sectors) Government of Haryana

Date on which Report Tabled:
Fri 05 Mar, 2021
Date of sending the report to Government
Mon 14 Dec, 2020
Government Type
State
Download Report
Sector Industry and Commerce,Agriculture and Rural Development,Power & Energy

Overview

This Report contains 14 paragraphs and one performance audit on the ‘Working of Haryana Vidyut Prasaran Nigam Limited’ involving a financial effect of ₹ 863.15 crore relating to avoidable expenditure, loss of interest, non-safeguarding of the financial interests etc.

A Performance audit on the ‘Working of Haryana Vidyut Prasaran Nigam Limited’ brought out instances of delayed commissioning of transmission projects, non-achievement of  Transmission System Availability (TSA) norms, non-availment of cheaper World Bank loans, late filing of Aggregated Revenue Requirements (ARRs) by the Company, overburdening of Electricity consumers of the State due to inefficiencies of the Company relating to non-synchronous commissioning of sub-stations and transmission lines.

There were instances of payment of compensation for short lifting of coal, imprudent procurement of Generator Transformer, undue benefit to contractor in calculation of Aggregate Technical and Commercial losses, acceptance of cables not conforming to specifications, loss due to not maintaining security deposit in line with Haryana Electricity Regulatory Commission Regulations and avoidable expenditure on construction of unmanned sub-stations in power sector. Besides these, the cases of appointment of Public Relation agency at higher rates, availment of HUDCO loan carrying higher rate of interest, failure to provide encumbrances free site to the allottee, delayed filing of Income Tax return, delayed claiming interest charges on custom milled rice from Food Corporation of India and misappropriated custom milled rice, were noticed in other than power sector.

Download Audit Report