544 da41z WWW-govtpressmp nic in 9 <137 &< f44 * Taal &_

544 da41z WWW-govtpressmp nic in 9 <137 &< f44 * Taal &_ Y 4 6 7zG4 Z 3THTeTUT ) wiferaT V waT sr5 140] Y914, TR, frria 29 T1 2012_97 9, YTF 1934 3uff fy91T HAT4, da4 %34, %41T 9191T, frrq 29 Tr 2012 No.2657/F-3-4-2012/XIII In exercise of the powers conferred by sub-sections (1), (2), (5), (6) and (7) of Section 131 of the Electricity Act, 2003 (36 of 2003) read with sub sections (1), (2) and (3) of Section 23 and sub-section (2) of Section 56 of the Madhya Pradesh Vidyut Sudhar Adhinivyam, 2000, and read with the provisions of the Madhya Pradesh Electricity Reform Transfer Scheme Rules 2006 notified on 3 June 2006, the State Government hereby makes the following amendments to the Schedule 3 of the said Rules in relation to the Cash Flow Mechanism provided therein: 279 474a 280 78Yq TTTH, frrr 29 T1d 2012 The said Schedule 3 shall be substituted with the modifications as provided herein effective from 1.4.2012: SCHEDULE 3 The main objective of the Cash Flow Mechanism (CFM) was the centralization of the cash management function across all the six Companies, namely Madhya Pradesh Power Generating Co, Ltd, (herein after called as 'GENCO'), Madhya Pradesh Power Transmission Co. Ltd. (TRANSCO), Madhya Pradesh Poorv Kshetra Vidyut Vitaran Co, Ltd. (East Discom), Madhya Pradesh Paschim Kshetra Vidyut Vitaran Co. Ltd. (West Discom), and Madhya Pradesh Madhya Kshetra Vidyut Vitaran Co. Ltd (Central Discom), (collectively called as 'DISCOM or DISCOMs' ), and M.P. Power Trading Co, Ltd. (TRADECO) with the Madhya Pradesh State Electricity Board (MPSEB): The CFM has been in operation since 3.6.2006 and with effect from 1.4.2012 the CFM is being modified to the extent mentioned herein essentially to provide for the Transco and Genco to be outside the operation of the CFM in the manne

Text

Rule TOC