I THE WEST BENGAL POWER DEVELOPMENT CORPORATION LIMITED ( A Governmem of We.rt 8t•11gnl Enterprlse ] Registered & Corporate Office : Bidyut Unnnynn Bhaban, Ploi-3/C, Block-LA, Sector-Itt, Kolkata 700 098. Phone: 2339-3183; D(F&RA)- 2339-3206; GM(F&A) - 2339-3220. Fax : 2339-3186. e-mail ; whOOc2/ii1gip..y:IO 1. \'STI l.nc;1.in Ref. No. : WBPDCL/4l,'2..g December 14, 2018 Ms Surbhi Goyal, Senior Energy Specialist, The World Bank, HT House, 18-20, Kasturba Gandhi Marg, New Dclhi-110 001 Dear Madam, We enclose herewith Audited Financial Statement of BTPS-Unit No 5- EERM Project for the year 2017 -18 alongwilh appointment of auditor for your necessary action. Please note that Statutory audit of WBPDCL is complete and placed before CAG for their comment. As soon as we receive lhe same, we will forward the same to you. Thanking you, Yours faithfully, ~ D Adhya DGM (F&Al Encl: As above Corporute IJcn1i1)' No. U 401().l \\IIJ 1985 SGCO 39154 l'.(rishanu Bhattacharyya & Associates Chartered Accountants 122 ( Old 47 ), Lawrence Street, Uttarpara, Hooghly, Pin - 712 258 Phone: (033) 2663 6802, E-mail: krishanu_b@rediffmail.com, krishanufca.b@gmail.com Audit Report The Director (F&A), The West Bengal Power Development Corporation Lid. Bidyut Unnaynn Bhnban, Block- LA, Plot No,3/C, Sector-HI Snit Lake City, Kolknta-700098 lniroductory Pnrngruph We have audited the accompanying financial statements, including the Balance Sheet, Sources and Application of Funds and notes 10 the financial statements. of the BTPS-UNJT NO. 5 (13TPS V) COAL FIRED GENERATION REIIAl31LITATlO;11 PROJECT (EERM PROJECT) [Financed under World Bank Loan No.: 7687-rN and Grant No.: TF 094676] as of 31st March, 2018 and express an Un-qualified opinion on these financial statements based on our audit. Scope Paragraph We conducted our audit in accordance with the applicable Accounting Standards issued by the Institute of Chartered Accountants of India, to the extent applicable. Generally Accepted Accounting Principles and World Bank Guidelines. These Standards/ Guidelines require that we plan and perform audit 10 obtain reasonable assurance about whether the financial statements arc free of material missratcmcnr, An audit includes examining, on test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and signi ficant estimates made by management, as well a.~ evaluating the overall financial statement presentation. We believe that our audit provides a reasonable basis for our opinion. Opinion Paragraph In our opinion, the financial staicrncms give a true and fair view of the Sources and Application of Funds Of the BTPS-UNIT NO. 5 COAL FLRED GENERATION 1 REHABILITATION PROJECT (EERM PROJECT) for the year ended 31• March, 2018 in accordance with the applicable Accounting Standards issued by the lnstitutc of Chartered Accountants of India, to the extent applicable, Generally Accepted Accounting Principles and World Bank Guidelines. Without modifying our opinion, We further report that, The Funds provided under IBRD Loan No 7687-IN and GEF Grant No TF 094676 have been utilized for the purposes for which they were provided; The Interim Un-audited Financial Reports (IUFRs) submitted could be fairly relied upon to support the applications for Loan/ Grant in accordance with the requirements specified in the Loan/ GEF Grant Agreement; and With respect to IUFRs, adequate supporting documentation has been maintained to support claims to the World Bank for reimbursements as well as direct payments for expenditure incurred. For Krishanu Bhattacharyya & Associates Chartered Accountants Firm's Registration No. 324327E Date: io" December 2018 Place: Kolkata CA Krishanu Bhattacharyya PARTNER Membership No 059934 - ;j • 1 i. I_ ! i ., g ig~ ~ :; >? ~ ~ . ,. ::I J ~ii]l ! ~ :; :i :: ,:; l( Ji ~ :-: " .,, - h • :i " ~ :i ~ ; ~ ... ~ ~ ., ~ ~ ~ :; ., ~ i ~ !I ., Ii .; - f~I- s ~ ;! ., s ; ~ i!' !. i :;' - P. :; -'I ?i ., - 0 ; s :l ll -. - . EllJ• 2 ., •. ~ ~- ., j ., • .. h sit :':!:!~ 3 ::; .. ., :! ~ :; ;:; ~ ! ~ i ~ :; ~ I :; ~ .; t~ - ..5 ;:: §~ >l 1i a ~ i Q h ~ :! ~ ~ ~ J! • ~ '! j! 1 s :t ~ :! ~ ::i c ., ~ ,? ~ ., :. s ~ ~ ~i g ~ s ~ • :Q 't !l :! g ie :! ! ll -:. • ; ~ ' :l " :: ., ,~ h ,:. :; ., :1 ~ ;:' • ~ :! :l P: ~ :! ~ .; ~ h I: ~s i i ~ ; i 3 i > ! •l ~ 1 II ! f ~ l' s ~i ~i s :: i Q • -.. 0 ~ r. ~ A 3 l: i t ~ ~ ~ ~ > ~ ~ t a > 1 J ! l C 5- l~if ~ " • ~ Li j > t ! ~ 1 I~ 11 t l ' " t • > I j ii i~ l j i. i i • ] j ~ • • ~ j~ l ~ l: .s :r ~ fi ~ t.. § i~ 6 fI ! i • il !I i ll J 6 " r,; t ~,, ~ ! l t ~l ! ~ g ~,!; '¾ f1 ! • g a 1 53 ~ jjfj f ! 11 I jf ,q :;, 1 s ~ ji /I ~ .. ! ~ I.,a - -., ~ Sl - Ii! ~ il . i.1- • "' ~ ~ ::l ' g ~ • -3 i: J .• :; h ;! ~ :! :! " :; ~ ~- :l ., !I - " i t § ~ - ~ .r ~ ! !! 3 5 s !! i -- -3"1'. 5 • ~ - i i g ., ., ~ ,· i • ! ~ § f f ~ i - ,, e j ;. f• I t ~ i • a ., j j !!. If i ll J j !!. • ! if , -;; 1 p ~ I •• !j j ~ ] ~ j ! ;! j 0 ~ I• ~ s' "• 3 t: a ~ ~ ~ :, 5 "- . t l ., .I" I • ~1 -S~ i ! ,~; j ! ji I iI THE WEST BENGAL POWER DEVELOPMENT CORPORATION LTD. BTPS-UNIT NO. 5 (BTPS V) COAL FIRED GENERATION REHABILITATION PROJECT (EERM PROJECT) NOTES TO THE PROJECT FINANCIAL STATEMENTS 1. SIGNIFICANT ACCOUNTING POLICIES: (Abbreviations: Bandel Thermal Power Station - BTPS, Boiler Turbine Generator- BTG, Coal Handling Plant- CHP, Energy Efficiency Renovation and Modernization- EERM, International Bank for Reconstruction and Development- IBRD, Global Environment Facility - GEF, Foreign Exchange Rate Variations- FERV, The West Bengal Power Development Corporation Ltd-WBPDCL.) 1.1 Basis of Preparation: The Project (EERM, BTPS-V) Financial Statements (PFS) arc prepared on accrual basis of accounting under historical cost convention in accordance with generally accepted accounting principles in India, Indian Accounting Standards notified under the Companies (Indian Accounting Standards) Rules, 20 I 5 as amended by the Companies (Indian Accounting Standards) (Amendment) Rules, 2016 notified under Section 133 of the Companies Act ,2013 provisions of the Companies Act, 1956, the Companies Act, 2013 (to the extent notified and applicable), the provisions of the Electricity Act, 2003 and World Bank guidelines. 1.2 Accounting Convention: The Project (EERM, BTPS-V) Financial Statements have been prepared and presented under historical cost convention, on accrual basis of accounting except as otherwise stated elsewhere and comply with the applicable Indian Accounting Standards ('IND AS1 issued by the Institute of Chartered Accountants of India to the extent applicable, Generally Accepted Accounting Principles and World Bank Guidelines. 1.3 Use of Estimates: The preparation of Project (EERM, BTPS-V) Financial Statements in conformity with Generally Accepted Accounting Principles (GAAP) requires the management of the company to make estimates and assumptions that affect the reported balances of assets & liabilities and disclosures relating to the contingent liabilities as at the date of the project financial statements. ~"~..- -~ ~~ I '\ ..·~ .:::. Cl! . Hi\: 1 ~ ~tc~,., J~ ,~.. ~ . U,:ar~ -- -- ,~ . "" The difference between the actual results and estimates are recognized in the period in which results are known or materialized. 1.4 Property. plant and equipment : a) The cost of property, plant and equipment comprises its purchase price net of any trade discounts and rebates, any import duties and other taxes (other than those subsequently recoverable from the tax authorities), any directly attributable expenditure on making the asset ready for its intended use, including relevant borrowing costs for qualifying assets and any expected costs of decommissioning. The generating units have been capitalized considering the above costs on the basis of engineering assessments/certifications b) In case of commissioned assets, where final settlement of bills with the contractors arc pending, capitalization is made based on provisional liabilities subject to adjustments, in the year of final settlement. 1.5 Capital Work-in-Progress: a) Capital Work-in-Progress is stated at cost, incurred during pre- operative/pre-commissioning period. b) NJ Pre-operative/Pre-commissioning expenditure and trial run expenditure (Net of Realization) accumulated as Capital-Work-in Progress arc allocated on pro-rata basis depending on the base cost of the assets. c) In respect of supply-cum-erection contracts, the value of supplies received at site is treated as Capital Work-in-Progress. d) Incidental expenditure during construction is apportioned to Capital Work-in-Progress on the basis of accretion thereto. Interest during construction has been taken into consideration for the purpose of valuation of Capital Work-in-Progress. c) Claims for price variations, if any, in case of contracts are accounted for on acceptance basis. 1.6 Mechanism for Disbursement: Both Loan and Grant received, have been in the form of reimbursement and direct payment method only. 1. 7 Borrowing Costs: Borrowing costs that arc attributable to the acquisition or construction of qualifying assets are capitalized as part of lhe cost of such assets. A qualifying asset is one that necessarily takes substantial period of time to get re!'t~~ ~ntcndcd use. ~~"'-~ c ... ~,J S: · \;~ =::, 'n ~ 2 ~ ~' • "f' . ~'" 'Ii.: /'~ -:+. - • J.'.'Jr;~'" 1.8 Foreign Currency Transactions: The functional currency of the Company is determined on the basis of the primary economic environment in which it operates. The functional currency or the Company is Indian National Rupee (INR). Transactions in foreign currency arc accounted for at the exchange rates prevailing on the date of transactions. Transactions remaining unsettled are translated at the exchange rate prevailing at the end or the financial year. Exchange gain or loss arising on settlement/translation is recognized in Statement or Profit and Loss 1.9 Provisions, Contingent Liability & Contingent Assets: A provision is recognized where there is a present obligation as a result of a past event and it is probable that an outflow of resources will be required to settle the obligation and in respect of which reliable estimate can be made. Provision is discounted to its present value and is determined based on the best estimate required to settle the obligation at the year end date. These are reviewed at each year-end date and adjusted to reflect the best current estimate. Contingent Liabilities are determined on the basis of available information and arc disclosed by way or Notes on Accounts. Contingent Assets are not recognized in the Project Financial Statement. 1.10 Grants Government grants relating to income are determined and recognised in the profit and loss over the period necessary to match them with the cost that they arc intended to compensate and presented within other income. Government grants relating to the purchase of property, plant and equipment arc included in non-current liabilities as deferred income and are credited to profit and loss on a straight line basis over the expected life of the related assets. The benefit of a Government loan at a below market rate or interest is treated as a Government grant 3 THE WEST BENGAL POWER DEVELOPMENT CORPORATION LTD. BTPS-UNIT NO. 5 (BTPS V) COAL FIRED GENERATION REHABILITATION PROJECT (EERM PROJECT) PROJECT COMMISIONING DATE (COD): 24/11/2015 2. EXPLANATORY NOTES TO THE PROJECT FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2018 2.1 No Statemenl of Profit and Loss has been prepared as separate books & record for BTPS-V (EERM project) is not maintained. Since it is a renovation of existing unit, after commencement of production of Unit-V (COD date: 24/11/2015), all the expenses and income of all the units (I to V) of BTPS arc accounted as a whole and no separate unit wise books & record is maintained, as per existing practice. 2.2 No Special Bank Account earmarked for the project has been opened by the Company as most of the fund received from World Bank has been in the form of direct payment method only. 2.3 Other expenses of Rs 35. 70 Lacs relating to Consultancy charges CSR of Rs 33.77 lacs and Rs 28.70 Lacs relating to Knowledge exchange visit to South Africa is also lying under CWIP. 2.4 The EERM (BTPS-V) Project account has been prepared m accordance with consistently applied Accounting Standards as issued by the Institute of Chartered Accountants of India. For Krishanu Bhattacharyya & For The West Bengal Power Associates Development Corporation ltd Firm's Registration No. 324327E Charte"i(i:",::: ~ /~.,;, OEB~ UPTA KRISHAN ~ CHARYYA DIRECTOR (F&A) PARTNER Membership No 059934 Dated : 10/12/2018 Place : Kolkata 4 I r i ! • I ' l J I !,~ , gjc !--------,+~ O 1,~ !IO ~ ~ ~ § !1! ~ ~! •t Ip, •-if i• l!Jff i,i, I 1·> d; .uI.I C ~ nu t • t • i .. ~: ~ ; E'; , ' s:.; :, ~ " Hi c_::: ~ HI -·- 1- I & = I : -1- ~ a I ; ! ; ! i = I ! I • ! -I I I I i - .~ HI HI •i ' !§s ~ I L I I I 1 J J ' J j I j ! II i !J! ;;~• ' g ~,1 !H I I l _J_ I• J ~ 'I ?. ~ i i h l I• I i ' J l. ft .; =1 .••.. ! ft a li • h , 1 ·, 1 i J 1- l$ d 3 i: · 111hl fl lI, .i s·t !- I ,~ I! q t 1H· j I~- J:ti I• • Ii•· I 1 f •· jlj ' a .:;S~Unlu«t...l l&lliVl (cyJ Ores! Grnc,ratfon R,~;,b111JaJl,on projffl (£ERM prolrC1) Dcrons of Fund CfolmtdffR!!l..W.9.!lJ!_look}o.r tJDJ.lmi.L Olf5hott:Sflpoly; BTG-Qocuan pPMJ.hJl XLJf9 Q..P. Elmmclol YtorWZ·ll Scht'dul~UI .. -· ....... Lc•n (!BRO Loan No (18RO loan No (GEJ Gr.int No TF (GEF Gnnt No TF Applludon 7617-IN) 7617-IN) Calm St.atw. of IDRD Gr.ant =6-IN) 094$76- IN) CL.>lm Statu:J of GCF To~I Am ount (lo.an• Mt. . • .. ,I •!\.. The West Bengal Power Development Corporation ltd BTPS-Unit No. 5 IBTPS V) Coal Fired Generation Rehabllltation Project IEERM Project) Details of Fund Claimed from World Bank for Erection- Electrical Packoqe-Als:tom T & D India Ltd Financial Year 2017-18 Schedule-4 figures I in Rs (IBRD Loan (GEF Grant Loan No 7687- Grant Nolf Total Amount Applicatio IN) Claim Staus of IBRD Applicatio 094676- IN) Claim Status of GEF (loan+ Mechanism for n ID Amount loan n ID Amount Grant Grant) Disbursement WA-176 4,10,550 Disbursed WA-234 95,795 Disbursed 5,06,345 Direct Payment WA-199 6,23,029 Disbursed WA-262 1,45,374 Disbursed 7,68,403 Direct Payment WA-213 38,58,708 WA-279 9,00,364 47,59,072 Direct Payment Grand Total 60,33,820 The West Bengal Power Development Corporation Ltd BTPS-Unit No. 5 (BTPS V) Coal Fired Generation Rehabilitation Project IEERM Project) Details of Fund Claimed from World Bank far Supply-Mandatory Spares & Design far CHP-Vinar System Pvt Ltd Financial Year 2017-18 Schedule-5 Fl!!_ures I in Rs loan (!BRO Loan No Grant (GEF Grant No TF Application 7687-JN) Claim Sta us of IBRD Application 094676· IN) Claim Status of GEF Total Amount ID Mechanism for Amount Loan ID Amount Grant (loan+ Grant) Disbursement Disbursed butClalmed Disbursed butClaimed before 31st March, before 31st March, 2017 WA-159 20,75,189 2017. WA-212 4,84,211 2S,S9,400 Direct Payment WA-174 11,36,363 Disbursed WA-232 2,65,151 Disbursed 14,01,514 Direct Payment WA-187 13,48,609 Disbursed WA-247 3,14,675 Disbursed 16,63,284 WA-188 Direct Payment 3,52,912 Disbursed WA-248 82,346 Disbursed 4,35,258 Direct Payment WA-191 26,41,314 Disbursed WA-252 6,16,306 Disbursed 32,57,620 Direct Payment WA-202 13,45,212 Disbursed WA-265 3,13,880 Disbursed 16,59,092 Direct Payment WA-206 1,21,67,3S4 Disbursed WA-270 28,39,049 Disbursed 1,S0,06,403 Direct Payment Grand Total 2,59,82,S71 The West Bengal Power Development Corporation ltd BTPS-Unlt No. S (BTPS V) Coal Fired Gene ra lion Rchabilltalion ProJect (EERM Project) Details of Fund Claimed [ram World Bank for Erection for CHP Pockoqe-V/nar System Pvl Lid financial Year 2017-18 Schcdule-6 fi.!l_ures in Rs Total Loan (IBRD loan No (GEF Grant No TF Amount Applicallon 7687-IN) Claim Staus of IBRD Grant 094676- IN) Claim Status of GEF (loan+ ID Amount Mechanism for loan Application ID Amount Grant Grant) Disbursement Disbursed butClalmed Disbursed butClaimed before 31st March, before 31st March, WA-158 11,00,837 2017. WA-211 2,56,863 2017. 13,57,700 Direct Pavment WA-167 12,42,419 Disbursed WA-221 2,89,898 Disbursed 15,32,317 Direct Pavmcm WA-180 10,23,056 Disbursed WA-239 2,38,713 Disbursed 12,61.769 Direct Pavment WA-189 2,73,616 Dfsbursed WA-249 63,845 Disbursed 3,37,461 Direct Pavmcnt WA•l98 lO,ll,288 Disbursed WA-260 2,35,967 Disbursed 12,47,255 Direct Payment WA-201 1,15,743 Disbursed WA-264 27,006 Disbursed 1,42,749 Direct Payment WA-205 29,81,833 Disbursed WA-269 6,95,761 Disbursed 36,77,594 D,rect Payment Grand Total 95,56,845 The West Bengal Power Development Corporation ltd BTPS-Unlt No. 5 (BTPS V) Coal Fired Gene ration Rehabilitation Project (EERM Project) Details of Fund Claimed from World Bank far Supply-Ash Handling Plant-Macawber Beekav Pvt. Ltd Financial Year 2017-18 Schedulc-7 Fl£ures in Rs Total loan (IBRO loan No (GEF Grant No TF Amount Application 7687-IN) Claim Status of Grant 094676-IN) dalm Status of GEF (loan+ Mechanism for 10 Amount IBRO loan Appllcation ID Amount Grant Grant) Disbursement WA-168 11,97,690 Disbursed WA-222 2,79,460 Disbursed 14,77,150 Direct Payment WA-207 35,29,470 Disbursed WA-271 8,23,543 Oisbursed 43,53,013 Direct Payment Grand Total 58,30,163 . ~~ - ;k, p(ij(t,_ ·~ ----Z" < ~. ':;£:, ~ I ... I i/JU,;,; .." -;j:7 _lJ, .•,•• ,t't ~. The West Bengal Power Development Corporation ltd BTPS-Unit No. S {BTP5 Vl Coal Fired Generation Rehabilitation Prolect {EERM Project) Details of Fund Claimed from World Bank for g,ection-Ash Handling P/ant-Mocawber Beekay Pvt. Ltd Finoncio/ Year 2017-18 xhedulc-8 Figures I In Rs Total Loan (JBRD loan No (GEF Grant No TF Amount Application 7687-JN) Claim Status or Grant 094676· IN) Claim Status of (Loan+ Mechanism for JD Amount IBRD Loan Application ID Amount GEF Grant Grant) Disbursement WA-170 1.72,650 Disbursed WA-224 40,285 Disbursed 2,12,935 Direct Payment WA-204 5,66,363 Dlsbursed WA-268 1,32,151 Disbursed 6,98,514 Direct Payment Grand Total 9,11,449 "~· .,. 0 n ;:: ,~, The West Bengal Power Development Corporation ltd BTPS-Unit No. 5 (BTPS V} Coal Fired Generation Rehabilitation Project (EERM Project) Details of Fund Claimed from World Bank for Supplv-Air Conditioning Svstem-Voltas Ltd Financial Year 2017-18 Schedule-9 Fil!_ures In Rs (GEF Grant No Total loan (IBRD loan Grant TF 094676 Amount Applicatio No 7687-IN) Claim Status of IBRD Applicatlo IN) Claim Status of GEF (loan+ Mechanism for n ID Amount loan nlD Amount Grant Grant) Disbursement WA-169 2,14,947 Disbursed WA-226 50,154 Disbursed 2,65,101 Direct Payment WA-194 8,58,892 Disbursed WA-255 2,00,408 Disbursed 10,59,300 Direct Payment WA-209 5,93,420 Disbursed WA-273 1,38,465 Disbursed 7,31,885 Direct Payment Grand Total 20,56,286 The West Bengal Power Development Corporation Ltd BTPS-Unit No. S (BTPS V) Coal Fired Generation Rehabllltation Project (EERM Project) Details of Fund Claimed from World Bank for Erection-Air Conditioning System-Valtas Ltd Financial Year 20l 7-l8 Schedule-10 Fi£ures in Rs (GEF (IBRD Grant No Loan Loan No Grant TF 094676 Applicatio 7687-IN) Claim Status of Applicatio IN) Claim Status of GEF Total Amount (Loan Mechanism for n ID Amount IBRD Loan nlD Amount Grant + Grant) Disbursement WA-181 10,98,968 Disbursed WA-241 2,56,426 Disbursed 13,55,394 Direct Payment WA-186 1,04,193 Disbursed WA-246 24,312 Disbursed 1,28,505 Direct Payment WA-193 1,41,548 Disbursed WA-254 33,028 Disbursed 1,74,576 Direct Payment WA-208 1,41,548 Disbursed WA-272 33,028 Disbursed 1,74,576 Direct Payment Grand Total 18,33,0Sl ..~ .. j ~ r j ~ ~ j !' r (ff' £ £ £ £ & ;: ii ;: ii ;: i1 ii ;: i: ;: l; ;: ii ;: V " ~ ;: l ~ ~ ,~ i5 i5 i5 i5 i5 i5 i5 i5 ~ ] ~ :'l .:::t l ~~ ~- l ~~ t~ ,_ l l l l 'm ,_ I;: l J; ~ ~ ~ ~ .... i~ I! i! i~ i!r i ~ ~q/1-<;X l~ l IIY" ·, ; t- - id ji 0 t~ ~~ - ' L1 i~ j Ji a: ~~ e, i! - ~j j ~t ~ :: - <> , .. 2 . 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N i2 i"i !i- - ~ i - Ii§ • ~o:g ~ a.lis d ;i J 0 w j I . 0 5 , i l ! ~ ~ 1 11.5 '• ~ ~ V • • ~ - 0 :'; ~ I I ~I :l j j I E2 ~l ,;,. l ~i l g :! .:. !: :, ~ w jj 0 • ~ ~ ;; i. i. i. !j N • ,:; >"' .-· -, . - - - - ' IE .!I • • : ~ ~ ~ ~ ~ I ~E ~ !' ...:t, !! s " !I .r ~ 'l i 0 • & n- ,;, - C e !! ~ ~ -... ". !i ;.:; < i ~ ~ J :I " .. !l Ii a~ N o- ~~ t ~~, ! "" • ,i ~ z ; !' N Il ~l :, l ~~ 6 t' "" 1! • :l - ~ 1!-; _,., _,., ] at~ ~2a a 11 i 2 ~ .:! .l ~o ~o N l ii " 0 j • 0 ;! ! ~ o_ ::i "' :: ~ ·- i r~ ,;, >; ~ ~ .o_ ~ !: N .; 1 • ; N ., V N •• N !' 0 :!!: " c g C i ~ 2 E d • :UI - . e :: ~1 as~ !I ::: - .. i ~ " 3 >:. 3 2 ~,,~~ I' N 2 ;: 2 2Si ~ ~ .c . ~ f} N 2 · ~ .a:; t ,! .. N }f- !] 9 3 8 0 V ., 0 - ..: 9 e ii .!'O f ;; ~! .:i :.; i C JI 10 !'] .. 1 j r~ ,lS r"' .. . ::: ~ l i: - ii Ii i ]a~i ,. i - il i - ; ~ ii 1~ ~ ~ ;; ~ 5 ~;;; ,j C ~ ~ ~ i < ~ :, :I s .s .!I ~ w ~ , - j1 3 -it ;: a~! J i5 i!~ ~ ~ ~ 3 ,:; ,: ")I i~ ..: ~ ~ 3: < 3: < 3 ! j • ~ ~! ~i 3 '3: ~ a 0 ! !~ ~~ /!. :. 0 j E ~ 1~11 The wen B,npl Powtr Development Corporillon lid OTPS·VnJt No. s (BTPS VJ Co;.I Flrrd GcncuUon R-eMbUH.ttlon P,01s:<1 (£(RM prof«ll ~--- An.:tncJ:al Ytar 2017•18 FY20l7-18 051:tgll-s gf P;r ..C frgm WBPO~l'l Qwn fl!O:~ 1h1tl01 Fa! l,017•18 tt!JIH!:ll.Mul Al per PFS Al P~, IUFR Nit\lre of P.ivm,nt Amount {Ill) Ri: In 000 On 5horc-Sunntu.. BTG·Oe>CH.ffl Powe r Sys,tcm), 1ndi.a PY':. ltd' 6,10.70,773 Off Shore-Supply• BfG•Ooos~n Power Sve1erns tndl.1 Pvt, Ltd 7.47,45,293 Eu:c-tlon•S TG· Ooo~n Power SY11cms lndl:i PvL Ltd 1.15.17.676 Toal for BTG (Al 14,73,33,742 l,47.334 Supply- E1Mtricill P.1cb,tC• Al.s1om T &: 0 lnd,,1 Ltd 48.•0.6'2 ErecHon· Electric.,! P~cbee· Abtom T & o Ind~ Ltd 21.19.-991 Toal for El•«rical ID) 69.60,633 6,960 Suop1v-Mand;,torv Sp.1rc.s & OCil111 for CHP-Vinilr System Pvt Ltd 8i.l9,762 £1cttJon for CHP P,ck-,R.c..Vinu svncm Pvt ltd 28,80.780 Tot•I for CHP {C) .l,ll.10.542 11,111 Supolv•ruh H11nd1Jn,t PJ.int·M~uwbcr Sc-clrav Pvt. Ltd 20,48,437 f1cctlon--l\J.h H~ndllnR Plont•M:ttawbcr B-tck.ay Pvt. ltd 3,20.239 Toal for ASP (D) 23,68,676 2,368 Supoly-Alr·CondltioninR Syit'°m·Volt~, ltd 7,22,'-79 Erc~lon· Air Co1'1d1Uonln1. Systcm•VoJ:.u Ltd 6,44,045 Tot>I for ACS (fl 13,66,524 1,366 loul h.nncnts m.1dc for lndlglbft UDttndlturcs durln1 F-.Y 2017•18 ffl• fA+B+C+O.E) l6,91,40,U7 1,69,139 Coniult.1ncv-Oevelopmc-nt Co,uultants Pvt. Ltd. 88,68,944 8,869 Con,uh.:incy- TUV SUD South Asl-1 Pvt ltd-f'.uslblltv Study 17,84,800 1,785 CSR lmp•tl 5tudv· WEBCON Con1ultln1 (lndl>) ltd 33,76,800 3,377 (P.aymenu m.:idc from Own Fund for Reimbursement durfn1 F.Y 2017·18 (G) 1,40,30,544 14,0ll Tot~I Pavmenu: m.idc from Own Amanncd Fund durlnm F. Y 2017·18tr-.G) 18,31,70,661 1,83,170 lnttrlum Unaudllt-d Anandal Rt-rt Co11I Hred Powe,r S~tlon R.ch1bU1don Prolctt lmpltmtntlng Agency: The WHt BenHI Power Development Corporation Umlted • Stattment of Sou re.cs iJnd Use, of Funds (Over .111 Activity PoultlonJ Octobor 1,2017 to Muth 31.2018 IUFR•l In INR '000 Able from GOWB •R•lnit sh•r• or coulty(26") 161,938 169,139 023,105) IFrrwondihJrc reimbursed by 63nk Receivable ftom GOWB 6,105 Sub total 161,938 169,139 1.578,700 Iv Uc-.hanr.c fluctu11tJon 120) 120) (20 v P31d bv Utlllty, Rt-celvable from IBRO/GEF (4,091) (7,002) Tomi Sources of funds 632,252 667,654 6,115,10-, Bum of funds (bycompononu) 11 A. IBRO/ GEF Funded A·1 Suaoly & lns:taUatlon Conlflct. l B"TG Supolv 375,607 385,722 3,nS,187 In.SQ I I.I ue n 32,185 32,781 321.229 Contract· 2 ElECTRICAl Supply 12,435 13,1n 86,701 lnrt.tllation 5,527 6,033 30,368 Contra«· 3 COAL KANOUNG . Sopplv 22.022 25,983 167,514 lnst.1ll.1tlon S,'106 9,558 39,308 Contract• 4 ASHKANDUNG . Sonnlv 4,353 5,830 30,277 tnst.11lo1tlon 698 911 4,779 Contr.tct. s AIR CONDITIONING(POST REVIEW) . Sunnlv 1,791 2.056 11,598 fnsQll.1tlon 350 1,833 2,008 Sub totll 460,374 484,484 4,468,969 n A-2 Consultancv Contract -1 OCPl 8.869 8,869 33,916 Contt,:att -2 OCPL . 29,807 Contr.>ct ·3 5.A. TOUR(POST REVIEW) 2,871 Contract .. TUV SUD(POST REVIEW) 1,071 1,78S 3,570 Contra.:M2~B!'fC', r-0::/c U .!LOC- !.". !'t':TOil- :t:. Pt.:Vl:-:;~;;nc,, F:~::7)UG9! (t) THE WEST BENGAL rowsn -4.TION Lll\'IlTED DEVELOPMEKT CORPOR. (A Gevemmem Of West Bengal Enterprise) BIDYUT li:\',>;AYAJ'\ BHABA..1'1 (CORPORATE) 3/C LA BLOCK, SECTOR Ill, BIDHA'.\-:-(A.GAR, KOLJ{ATA, Pin:700098 GST Registration Number: 19AABCT3027CIZQ A ...... rox. Vnlud Exel Tuos l 500-00.00 n-~· Tot:,! Tu 90-00.00 n.n Grand To1al/ fuel. Tax nnd Othus l 59000 .. 00 J11-R Fl.ll" ,';loo Thousond Rm,ou Ooh· Toruu & Condltlou: f!:!!! NA WBPDCL CORPORATE l':t\'ttltut Term.s Audit Fee of Rs 50..000 p!us GST will paid 011 eompleticn oi audit and 'i\tbtnis>ion of Ike copies of Audit Report. DeU,·on·/ ComplNlou Period ..\udi1 is 10 be completed within 10th December 201S & Audit Report in quinruplicate it 10 be submitted within 14th December :?01S. Dtll,·on· Poln1 For Corporate Office Freight Tcrnu x,\ L. D. Clou10 NA P:wlne. Aut hori"' General Mnnngcr (F&A) Corporate WBPDCL Conrrolllng omcer/01bers DG;\1 (F&A) WBPDCL Corporate Dorntfon or Conrrac1 Audit u to be complete d within 101h December WIS s, Audit Report in quintuplicete is 10 be submitted \\ithin !~th December 201S. Scope oC '\Vork r\5 annexed A1tachmeo1 Ref. Terms of Reference J\"01c ro Vendor As per per marchment Please acknowledge receipt of this order and ccnvey your acceptanee within ; dB)'l =~=;--:-:a:~ :i!.t:i::.:y lf:. tcm, :oH:c«e:~:ss::cl'J;:s~ r~:. :r .J;racrrr.o.s: cs: r:o.:H:51l7<2:Y v;,.,-: ,~.::;ss1,r""t+:·H, se:--.,1c~ TAA ;e-; l-1,.;~:-:3~·2-;'~ vt::Y::;.uroo;~-;.., ;.;J; 1ic..:.M.S::73i;::c. fC:!/C !A. s.:.c.:-r.. S!:-!OR :!:, PE:f3!:1;;1~•N. ~:;::i•)OCIS! ~~,c, 1.::... PaQ~ 2 o! ! ·® THE \VEST BE!'\GA.L PO\\IER DEVELOP~lEl\'T CORPORATION Lm1ITED (A Government Of West Bengul Enterprise) BIDYUT l'l\~AYA~ BHABAt'i (CORPORATE) 'lNAGAR, KOLKATA, Pin:700098 3/C LA BLOCK, SECTOR W, BTOHA..l GST Registrnticn >lumbct': l9AABCT302iC!ZQ ::i:-;: ;-,,:a:t :.:e:i-;: ;.y :,:, . (CUJJ :1H•).:~~1Sl ~:'~~~J3;-:S4 :'1,,X:, '7E:.Z?F.C~"£$0S: CS': sc.. l ;93i.; - 6?:9 VA7 :;o. :l ;~st.;i,t:,)25, Str\'tCt iM ht; 'l/':'::::c;..:.K~,H-~. :::. :M.3~3Q:."'C50C.06, 'iA. r~: i:,. :M,;:-:;Q~1':, i'0:3/: U S:.C.:7., m:-rc:. i!:. ?H:!Jll:~19:120&, r::;:n1M!