...

Report of the Comptroller and Auditor General of India Public Sector Undertakings

by user

on
Category: Documents
1

views

Report

Comments

Transcript

Report of the Comptroller and Auditor General of India Public Sector Undertakings
Report of the
Comptroller and Auditor General of India
on
Public Sector Undertakings
for the year ended March 2012
Government of Odisha
Report No.2 of the year 2013
TABLE OF CONTENTS
Particulars
Reference to
Paragraph(s) Page(s)
v
vii-xi
Preface
Overview
Chapter I
Overview of State Public Sector Undertakings (PSUs)
Introduction
Audit Mandate
Investment in State PSUs
Budgetary outgo, grants/subsidies, guarantees and loans
Absence of accurate figure for investment in PSUs
Performance of PSUs
Arrears in finalisation of accounts
Winding up of non-working PSUs
Adverse comments on the accounts and Internal Audit of
PSUs
Recoveries at the instance of audit
Status of placement of Separate Audit Reports
Disinvestment, Privatisation and Restructuring of PSUs
Reforms in Power Sector
1
1.1 to 1.2
1.3 to 1.5
1.6 to 1.8
1.9 to 1.11
1.12 and 1.13
1.14 to 1.20
1.21 to 1.26
1.27 to 1.29
1.30 to 1.35
1-16
1
1-2
2-3
3-4
5
5-8
8-9
9-10
10-12
1.36
1.37
1.38
1.39 to 1.40
12
13
13-15
15-16
Chapter II
Performance Audit relating to Government Companies
Odisha Power Transmission Corporation Limited
Transmission Activities
Executive Summary
Introduction
Scope and Methodology of Audit
Audit Objectives
Audit Criteria
Brief description of transmission process
Audit Findings
Planning and Development
Transmission Network and its growth
Project management of transmission system
Mismatch between generation capacity and transmission
facilities
Performance of Transmission System
Transmission Capacity
Sub-Stations
Adequacy of Circuit Breakers
Voltage Management
EHT Lines
i
2
2.1
2.1.1 to 2.1.2
2.1.3
2.1.4
2.1.5
2.1.6
2.1.7 to 2.1.76
2.1.8 to 2.1.10
2.1.11
2.1.12 to 2.1.24
2.1.25 to 2.1.28
17-57
17-18
18-19
19
19-20
20
21
21-56
21-23
23-24
24-28
28-31
2.1.29
2.1.30
2.1.31
2.1.32
2.1.33 to 2.1.35
2.1.36
31
31-32
32
32-33
33-34
34
Particulars
Bus Bar Protection Panel
Maintenance
Performance of Auto/Power Transformers
Hot Line Maintenance
Non recovery of repair and maintenance charge
Transmission losses
Grid Management
Disaster Management
Energy Accounting and Audit
Financial Management
Recovery of cost of operation
Elements of cost
Elements of revenue
Loss due to claim after defect liability period
Collection of SLDC charges
Collection of transmission charge from LTOA customers
Tariff fixation
Material Management
Physical verification of stocks in the stores
Procurement of low capacity conductors at higher rates
Deficiencies in the procurement of conductors
Avoidable expenditure towards procurement of materials
Monitoring and Control
Review of the envisaged benefits of transmission schemes
Internal Controls and Internal Audit
Internal Audit
Audit Committee
Acknowledgement
Conclusion
Recommendations
Odisha Construction Corporation Limited
Construction Activities
Executive Summary
Introduction
Scope of Audit
Audit Objectives
Audit Criteria
Audit Methodology
Audit Findings
Financial Position and Working results
Position of works in hand
Planning
Funding of Projects
Preparation of estimates and acceptance of works
ii
Reference to
Paragraph(s) Page(s)
2.1.37
34-35
2.1.38
35
2.1.39
35-36
2.1.40
36-37
2.1.41
37
2.1.42
37-38
2.1.43 to 2.1.48
38-41
2.1.49
41-42
2.1.50
42
2.1.51 to 2.1.52
42-44
2.1.53
45
2.1.54
45
2.1.55
46
2.1.56
46
2.1.57
47
2.1.58 to 2.1.61
47-48
2.1.62 to 2.1.66
48-50
2.1.67
50-51
2.1.68
51
2.1.69
52
2.1.70
52-53
2.1.71
53
2.1.72
53-54
2.1.73
54
2.1.74
55
2.1.75
55-56
2.1.76
56
56
56-57
57
2.2
-2.2.1 to 2.2.3
2.2.4
2.2.5
2.2.6
2.2.7
2.2.8 to 2.2.68
2.2.9 to 2.2.11
2.2.12 to 2.2.15
2.2.16 to 2.2.18
2.2.19 to 2.2.23
2.2.24 to 2.2.32
58-93
58-59
59-60
60
60-61
61
61
62-91
62-64
64-65
66-68
68-69
70-73
Particulars
Reference to
Paragraph(s) Page(s)
2.2.33 to 2.2.40
73-78
2.2.41 to 2.2.46
78-81
2.2.47 to 2.2.54
81-85
2.2.55 to 2.2.60
85-87
2.2.61 to 2.2.62
88
2.2.63 to 2.2.65
88-90
2.2.66 to 2.2.68
90-91
-91
-92
-92-93
Execution of Works
Execution of works by Job workers
Material Management
Financial Management
Manpower Management
Project Monitoring
Internal Control
Acknowledgement
Conclusion
Recommendations
Chapter III
Transaction Audit Observations
Government Companies
The Odisha Mining Corporation Limited
Irregular formation of Joint Venture Company
Loss due to non-segregation of grades of iron ore fines
Non-adherence to statutory requirements
Loss of revenue
Loss of interest
Undue favour to Transport Contractor
Loss due to cancellation of tender
Odisha Power Generation Corporation Limited
Loss of revenue due to non-generation of additional power
Excess payment towards water charges
GRIDCO Limited
Excess reimbursement of Income Tax
Excess payment
Odisha Hydro Power Corporation Limited
Loss of revenue towards capacity charges
Odisha Thermal Power Corporation Limited
Infructuous expenditure
Odisha State Beverages Corporation Limited
Undue favour to retailers
Industrial Development Corporation of Odisha Limited
Undue favour on sale of lump iron ore
Loss on export sale
Orissa State Seeds Corporation Limited
Loss due to fixation of higher procurement price
Orissa Bridge and Construction Corporation Limited
Avoidable payment of Income Tax
General
Follow-up action on Audit Reports
iii
3
3.1 to 3.18
95-117
3.1
3.2
3.3
3.4
3.5
3.6
3.7
95-98
99-100
100-101
101-102
102-103
103-104
104-105
3.8
3.9
105-106
106-107
3.10
3.11
107-108
108-109
3.12
109-110
3.13
110-111
3.14
112-113
3.15
3.16
113-114
114-115
3.17
115-116
3.18
116-117
3.19
117-119
Annexures
Reference to
No.
1.
2.
3.
4.
5.
6.
7.
8.
9
10.
11.
Particulars
Paragraph(s) Page(s)
Statement showing particulars of up to date paid-up
1.6
capital, loans outstanding and manpower as on 31 March
2012 in respect of Government Companies and Statutory
Corporations
Summarised financial results of Government Companies 1.14 and 1.35
and Statutory Corporations for the latest year for which
accounts were finalised
Statement
showing
grants
and
subsidy
1.9
received/receivable, guarantees received, waiver of dues,
loans written off and loans converted into equity during
the year and guarantee commitment at the end of March
2012
Statement showing investment made by State Government
1.24
in PSUs, whose accounts are in arrears
Statement showing financial position of Statutory
1.14
Corporations
Statement showing working results of Statutory
1.14
Corporations
Statement showing voltage-wise capacity additions
2.1.11
planned, actual additions and shortfall during five years
upto 2011-12
Statement showing the delay in execution of works,
2.1.13
reasons and effect of delay
Statement showing Paragraphs/Performance Audits for
3.19.1
which explanatory notes were not received as on 30
September 2012
Statement
showing
department-wise
outstanding
3.19.3
Inspection Reports as on 30 September 2012
Statement
showing
department-wise
Draft
3.19.3
Paragraphs/Performance Audit reply to which are awaited
(30 November 2012)
Glossary of Abbreviations
iv
121-127
128-135
136-138
139-140
141-142
143-144
145-146
147-149
150
151
152
153-154
Fly UP