PVT.LTD.

PROJECTS
TRUCTURE

2t103

date:13-07-2012

To
TheProjectManager,
NMDCLimited,
BIOM,Deposit-1
18,
Kirandul
Complex,
Kirandul,
Chattisgadh.
Sub: NMDC,BtoM,Deposit-11B,
EarthworkandSitepreparation(package-lll),
ReleaseOf paymentagainstFinalBill_reg.
Ref:W'o No.AGMgMech)/contacts/l
l Bt2oosllotpackage-1il
Dated os-12-2006.
DearSir,
with reference
to the above,we wouldliketo submitthatthe above
workhas beencompleted
in all respectsby 31-12-2oog'
But the processing
of the finalbillfor the abovepackagecould
not be processeddue to the delayin approvalof deviations
by competentauthority.But the
deviationsand extra ltems have been approvedand
intimatedto us wide your letter No.
Dy'GM(PJ'c)/Projects/Bid.11F,/2011/990
Dated 3o-or-2011.tt is surprisingand we regretto
placeon recordthatevenaftera lapseof oneyear
afternecessary
approvals
andrwo and half
yearsaftercompletion
of workthefinalbillis yetto be processed
by you.lt maypteasebe noted
that we havebeen instructedby M/s Meconto come
to Kirandulto sign the finalbill and we
havecomptiedwithduringApril_2012.
It may not be out of placeto mentionthat eventhe defect
liabilityperiodfor the projectis over.
It maybe notedthataboutRs. 5.50crorespertaining
to the aboveworkis stiltduefor payment
evenaftertwo and half yearsaftercompletion
of the work.The same is exertingsubstantial
impacton ourfinancesandaffecting
ourongoingprojects.
In viewof the above,you are kindlyrequested
to arrangefor processing
the bill withoutany
furtherdelayandexpeditethe payment.
We hopethatyoushallfindthe abovein order.
Thanking
you,
Yoursfaithfully,

For RatnaInfrastructureprojects pvt.Ltd.

gQ-5=",.J
(8. Rajendra Prasada Rao)
Authorised Signatory

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Gopysubmitted to:1)DGM,t/c, MECONLimited,KirandutforNecess

ary Action,
2) ED, Electrical& co ordinationH.o, NMDCLimited,Hyderabad
for favour

ofinformationW".5"
plot No.88,Prashashan
Nagar,RoadNo.72,JubileeHills,Hyderabad- 500 033.
Email:ratnaho@ratnainfra.in
ph.:040-23557131,23555263,Fax:040-23555264,Website:ratnainfra.in