The case against Comrade P Vijayan is handiwork of certain elements in the state
and inconnivance with central agencies. I...
Grid effectively. That is fully capacity of the Panniyar Chengulam
etc.run with optimum level reduced DEPENDANCE ON CENTRA...
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SNC LAVALIN AN ATTEMPT TO MALIGN COMR.P VIJAYAN

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SNC LAVALIN AN ATTEMPT TO MALIGN COMR.P VIJAYAN

  1. 1. The case against Comrade P Vijayan is handiwork of certain elements in the state and inconnivance with central agencies. It may be noted the said agreement was signed as part of internationl treaty and every aspect has known to the CENTRAL BANK OF REPUBLIC OF INDIA,Viz.,Reserve Bank of India. The said report of thee Comptroller and Auditor General of India is only an observation. It is learnt that personnel dealing with query of Audit observation has not given sufficient reply in time. As you are aware every international treaty, there is an aspect of Socail Cost Benfit Analsis and it is not mandatory on the part of the Agency to disburse the same. Besdies no law of the land mandates such inclusion in the MoU/agreement. The CAG observes that in positive way but the PRES AND SOME EMPLOYEES AND TRADE UNION LEADERS mis- spelt it another way. An audit observation and remarks became final and if there NO REPLY IS GIVEN TO THEM. It is NOT the duty of the Minister or political leadership to give such query. It is the duty of the Audit wing and and not the political leadership .(i) Have CBI has enquired this aspect? (ii) With the variation in exchange rate the repayment became far lower than targeted one. The the KSEBoard has gained considerably on this account. That is to say the effective cost (interest) gets reduced. This aspect has not considered by the CAG and the Print and visual media and is bling and dark to this accounting treatment. The effective plantload factor of the Hydro stations is around 30%, in fact Sabarigiri is an exception. The international data confirm this. THIS ASPECT HAS NOT CONSIDERED BY THE CAG OR CBI. CAG OR CBI IS not examined this techno-commercial angle, because electricity system management one is niche one and a few now the real fact. Capacity and water storage position and flow water is correlated if any one check the data before and after the renovation, the renovation helps the System
  2. 2. Grid effectively. That is fully capacity of the Panniyar Chengulam etc.run with optimum level reduced DEPENDANCE ON CENTRAL SYSTEM IS REDUCED. This benefit has not accounted by the CAG.. This Demand Side management which is crucial to any power distribution entity has not appreciated by any critique. The lay man is not aware of it including the Trade Unions and employees of the said Board. Why the Press and Media avoid original audit observation (audit note--, manuscript).As per procedures if no reply is given, the fallacy and wrong conclusion based on wrong presumption and bleak assumption became final. The change of guard at Government taken place in the state of Kerala in May, 2001 and why NO communication is sent to SNC by the officials of the board from May 2001 to April 2006. WHY? WHY? If a payment is received from abroad, it is routed to SPECIAL DRAWING RIGHT(Balancing Figure in our National ACCOUNT) and Reserve Bank of India transfer said money to Finance Ministry of the central government. They in turn after collecting processing charges transferred said fund to Finance department of Beneficiary State Again after collecting processing charge the fund transfer credited to treasury account of the State entity(SEB) or their bank. WHY THE PRESS HAS NOT BROUGH TO THE ATTENTION OF THE LAYMAN. I presume 99.99 % of the bureaucrats and layman do not know this procedure. Before targeting any person check the real known techno commercial fact F EBRU AR Y 8 , 2 00 9 3:36 AM

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