Particulars
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Reference to
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Paragraph |
Page(s) |
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PREFACE
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…
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ix
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… |
xi – xvi |
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OVERVIEW OF
GOVERNMENT COMPANIES AND STATUTORY CORPORATIONS |
1-19 |
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Introduction
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1.1 |
1 |
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Working Public Sector Undertakings (PSUs) |
1.2 -1.8 |
2-7 |
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Working Government companies |
1.9-1.10 |
7-8 |
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Working Statutory corporations |
1.11 -1.14 |
8-9 |
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Reforms in Power Sector |
1.15 -.16 |
9 |
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Non-working PSUs |
1.17 - 1.22 |
10-12 |
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Status of placement of Separate
Audit Reports of Statutory corporations in Legislature |
1.23 |
13 |
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Disinvestment, privatisation and
restructuring of |
1.24 -1.25 |
13-14 |
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Results of audit by Comptroller and
Auditor General of India |
1.26 |
14-17 |
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Recoveries at the instance of audit |
1.27 |
17 |
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Internal audit/internal control |
1.28 |
17-18 |
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Recommendations for closure of PSUs |
1.29 |
18 |
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Position of discussion of Audit
Reports (Commercial) by the Committee on Public Undertakings (COPU) |
1.30 |
19 |
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619-B Companies |
1.31 |
19 |
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Chapter II
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PERFORMANCE
REVIEWS RELATING TO GOVERNMENT COMPANIES |
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1. REMOVAL
OF OVERBURDEN IN OPENCAST MINES OF THE SINGARENI COLLIERIES COMPANY
LIMITED
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23-49 |
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Highlights |
-- |
23 |
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Introduction |
2.1.1 |
24 |
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Particulars
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Reference to
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Paragraph |
Page(s) |
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Scope of audit |
2.1.2 |
24 |
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Audit objectives |
2.1.3 |
24-25 |
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Audit criteria |
2.1.4 |
25 |
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Audit methodology |
2.1.5 |
25 |
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Audit findings |
2.1.6 |
25-26 |
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Over Burden removal by company and through
out-sourcing |
2.1.7 |
26-28 |
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Targets and achievements |
2.1.8 |
28 |
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Stripping ratio of Coal vs. Over burden |
2.1.9 |
28-29 |
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Contract Management Cell |
2.1.10 |
29-30 |
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Vendor Development |
2.1.11 |
30-31 |
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Insufficient Earnest Money Deposit |
2.1.12 |
31-32 |
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Execution of OB removal contracts |
2.1.13
-2.1.24 |
33-42 |
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Consumption of explosives |
2.1.25
– 2.1.27 |
42-43 |
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Internal control |
2.1.28
– 2.1.32 |
44-48 |
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Acknowledgement |
|
48 |
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Conclusion |
-- |
48 |
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Recommendations |
-- |
48-49 |
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2.
2. TARIFF, BILLING AND COLLECTION MECHANISM IN SOUTHERN POWER DISTRIBUTION
COMPANY OF ANDHRA PRADESH LIMITED |
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50-72 |
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Highlights |
|
50 |
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Introduction |
2.2.1 |
51 |
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Scope of audit |
2.2.2 |
51 |
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Audit objectives |
2.2.3 |
52 |
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Audit criteria |
2.2.4 |
52 |
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Audit methodology |
2.2.5 |
52 |
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Audit findings |
2.2.6 |
53 |
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Tariff |
2.2.7
– 2.2.10 |
53-55 |
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Billing |
2.2.11 |
55 |
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Wrong categorisation of services |
2.2.12
– 2.2.20 |
55-58 |
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Short Billing |
2.2.21
– 2.2.23 |
58-59 |
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Particulars
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Reference to
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Paragraph |
Page(s) |
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Undue favour to consumers |
2.2.24
-2..2.26 |
59-62 |
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Assessed Sales |
2.2.27 |
62-63 |
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Incorrect
estimation of agricultural consumption |
2.2.28 |
63-64 |
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Collection of revenue |
2.2.29
to 2.2.38 |
64-71 |
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Acknowledgement |
--
|
71 |
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Conclusion |
-- |
71-72 |
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Recommendations |
-- |
72 |
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3. IMPLEMENTATION OF ACCELERATED |
|
73-92 |
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Highlights |
-- |
73 |
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Introduction |
2.3.1 |
74 |
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Scope of audit |
2.3.2 |
74 |
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Audit objectives |
2.3.3 |
75 |
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Audit criteria |
2.3.4 |
75 |
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Audit methodology |
2.3.5 |
75 |
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Audit findings |
2.3.6 |
76 |
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Funding Pattern |
2.3.7
-2.3.9 |
76-77 |
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Project Cost and Finance |
2.3.10
- 2.3.18 |
78-81 |
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Implementation of Programme |
2.3.19 |
81 |
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Deficiencies in execution of works |
2.3.20
|
81-82 |
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Non achievement of objectives |
2.3.21 |
83 |
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Transmission and Distribution Losses |
2.3.22 |
83-84 |
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Quality of Supply and Customer satisfaction |
2.3.23 |
84-85 |
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Revenue Collections |
2.3.24 |
85 |
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Execution of Contracts |
2.3.25-2.3.28 |
85
-88 |
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Procurement of materials |
2.3.29
-2.3.35 |
88-91 |
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Acknowledgement |
|
91 |
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Conclusion |
|
91-92 |
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Recommendations |
|
92 |
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Particulars
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Reference to
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|
Paragraph |
Page(s) |
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4 ANDHRA PRADESH STATE FINANCIAL |
.
. . |
93-114 |
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Highlights |
|
93 |
|
Introduction |
2.4.1 |
94 |
|
Scope of audit |
2.4.2 |
95 |
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Audit objectives |
2.4.3 |
95 |
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Audit criteria |
2.4.4 |
95
– 96 |
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Audit methodology |
2.4.5 |
96 |
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Audit findings |
2.4.6
|
96 |
|
Internal Control Tools |
2.4.7
to 2.4.8 |
96-98 |
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Audit Committee |
2.4.9 |
98 |
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Internal audit |
2.4.10 |
99 |
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Vigilance mechanism |
2.4.11 |
99-100 |
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Non adherence to office orders issued by
Andhra Pradesh State Financial Corporation and suggestions of SIDBI |
2.4.12
|
100-101 |
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Internal control in major activities |
2.4.13
-2.4.22 |
101-106 |
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Management of Non Performing Assets |
2.4.23
– 2.4.24 |
106-107 |
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Seizure and Disposal of Assets (APSFC and
APIDC) |
2.4.25 |
107-108 |
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Investment through equity participation |
2.4.26 |
108 |
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Disinvestment |
2.4.27 |
109 |
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Bill discounting |
2.4.28
– 2.4.30 |
109-111 |
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One Time Settlement (OTS) Scheme |
2.4.31 |
111-113 |
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Acknowledgement |
|
113 |
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Conclusion |
-- |
113 |
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Recommendations |
-- |
113-114 |
|
Particulars |
Reference
to |
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|
Paragraph |
Page(s) |
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Chapter III
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Transaction
audit observatons |
3 |
117-144 |
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Government Companies |
|
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|
Andhra Pradesh State Trading Corporation Limited |
|
|
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Doubtful Recovery of funds |
3.1 |
117-118 |
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Doubtful recovery of dues |
3.2 |
118-119 |
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Avoidable loss |
3.3 |
119-120 |
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Loss
in Export of iron ore |
3.4 |
120-121 |
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Hyderabad Information Technology
Venture Enterprises Limited |
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Investment of funds in Venture Capital Undertakings |
3.5 |
121-126 |
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Andhra Pradesh Beverages Corporation Limited |
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Loss of revenue |
3.6 |
126-127 |
|
Avoidable
payment of interest |
3.7 |
128-129 |
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Locking up of funds |
3.8 |
129 |
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Andhra Pradesh Forest Development Corporation Limited |
|
|
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Loss in exports sales |
3.9 |
130-131 |
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Andhra Pradesh Industrial Infrastructure Corporation
Limited |
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Undue favour to a private party |
3.10 |
131-132 |
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Andhra Pradesh State Housing Corporation Limited |
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Avoidable interest burden |
3.11 |
132-133 |
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Singareni Collieries Company Limited. |
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Undue benefit to suppliers |
3.12 |
133-134 |
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Transmission Corporation of Andhra Pradesh Limited |
|
|
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Undue benefit to an Independent Power Producer |
3.13 |
135 |
|
Particulars |
Reference
to |
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|
Paragraph |
Page(s) |
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Central Power Distribution Company of Andhra Pradesh
Limited and Eastern Power Distribution Company of Andhra Pradesh Limited |
|
|
|
Non collection of Electricity duty |
3.14 |
136 |
|
Power Sector Distribution Companies |
|
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Over payment of service Charges to e-seva |
3.15 |
137 |
|
Andhra Pradesh Power Generation Corporation Limited |
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Avoidable expenditure for delayed payment of lease
rentals. |
3.16 |
137-138 |
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Statutory Corporations |
|
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Andhra Pradesh State Road Transport Corporation |
|
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Unproductive expenditure |
3.17 |
138-139 |
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Idle investment |
3.18 |
139-140 |
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General |
|
|
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Follow up action on Audit Reports |
3.19 |
141-143 |
|
No. |
Particulars
|
Reference to paragraph |
Page
(s) |
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1 |
Statement showing
particulars of up-to-date paid-up capital, budgetary outgo, loans given
out of budget and loans outstanding as on 31 March 2006 in respect of
Government companies and Statutory corporations |
1.4,1.5,1.6,
and 1.24 |
147
- 151 |
|
2 |
Summarised financial results of
Government companies and Statutory corporations for the latest year for
which accounts were finalised |
1.7,1.8,1.9, |
153-160 |
|
3 |
Statement showing subsidy/grants
received, guarantees received, waiver of dues, loans on which moratorium
allowed and loans converted into equity during the year and subsidy
receivable and guarantees outstanding at the end of 31 March 2006 |
1.6 |
161-166 |
|
4 |
Statement showing financial position
of Statutory corporations |
1.8 |
167
-169 |
|
5 |
Statement showing working results of
Statutory corporations |
1.8 |
170-172 |
|
6 |
Statement showing operational
performance of Statutory corporations |
1.13 |
173-175 |
|
7 |
Statement showing status of implementation of reform
programme against each commitment made in the MOU |
1.15 |
176 |
|
8 |
Statement showing paid-up capital, investment and summarised working
results of 619-B companies as per their latest finalised accounts |
1.31 |
177 |
|
9 |
Statement showing year wise/mine wise details of targets and
achievements in respect of over burden removal |
2.1.8 |
178-180 |
|
10 |
No of orders placed during the last five years |
2.1.11 |
181 |
|
11 |
statement showing delays in placing of work orders during 2001-06 |
2.1.13-2.128 |
182 |
|
12 |
Statement showing the loss due to drawal
of power by subsidized categories in excess of the limits prescribed by
Andhra Pradesh Electricity Regulatory Commission |
2.2.8 |
183-184 |
|
13 |
Statement showing Detailed Project Report provision,
progress reported to Distribution Reforms Committee, actual achievements
and funds drawn |
2.3.20 |
185-188 |
|
14 |
Statement showing paragraphs/reviews for which
explanatory notes were not received (as on 30 September 2006) |
3.19.1 |
189 |
|
15 |
Statement showing Department-wise break-up of
outstanding paragraphs |
3.19.3 |
190 |
|
16 |
Statement showing the department wise draft
paragraphs and reviews to which replies are awaited |
3.19.3 |
191 |
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|
GLOSSARY
|
… |
192-201 |