DPC has assumed a slide in net income because of high cost of rupee debt compared to current rates. It has assumed a foreign exchange rate at 47.41 in the current fiscal compared to 44.78 last year.

Curiously, DPC's total revenue has been estimated at $437.3 million compared to previous year's $385.4 million.

The return of equity (RoE) is assumed at 15 per cent for the current fiscal compared to the previous year's 18 per cent.

DPC's document on budget 2000-01 has assumed dispatch percentage at peakload at 25 per cent, compared to 46 per cent in the previous year. It will have to incur $214 million on fuel expenses. The company has estimated a monthly power generation at 658.56 mw with a peak load of 70 mw, while the energy revenues at peaking would be projected at $14.8 million.Revenue mobilisation from Maharashtra State Electricity Board (MSEB) which has picked up 30 per cent equity in DPC has been estimated at $428.5 million compared previous year's $458.6 million. Monthly revenue from MSEB has been estimated at $36 million.

DPC's total outflows (comprising payment of fuel supplier/duty, other expenses, debt service and repayment of liquidity L/C) is likely to be up at $451.3 million compared to $432.8 million last year.

In the meantime, DPC has received a shot in the arm with the MSEB deciding not to reduce escrow cover of phase-II to 1.1 times from 1.25 times of the monthly billing in line with phase-I coverage.

According to DPC, nearly 2.08 MMTPA of LNG is sufficient for chilling phase-II machines. With LNG facility operational and 2.08 MMTPA of LNG, excess capacity with inlet chilling is estimated to be 90 mw, after allowing average 3 per cent degradation.Chillers in phase-I machines to be installed before incremental volumes of LNG reach 5 MMTPA. Furthermore, with 5 MMTPA of LNG, excess capacity with inlet chilling (from all three blocks) estimated to be in the range of 150-175 mw after considering average 3 per cent degradation.