; KALPATARU POWER TRANSMISSION LIMITED BAUPATARU Oia Gos Dvsion Fi kSpaon Ser Op. Gren at Joncue ond 10055 nde eae smo Bienen ‘Talore com Slitcoweeen En Cow coon Letter of Award LOA No: - KPTL/SERVICE/LOA/88/20-21 Date: 23.09,2020 To, M/s Kailash Chandra Sahoo MAHANADI VIHAR, PLOT NO.956, NAYABAZAR, CUTTACK - 753004 id Attn: Mr, Kailash Chandra Sahoo (9938214744) Subject: Letter of Award for Horizontal Directional Drilling of 18” + 3” Dia pipe for soft Strata work of PHPL Project. Project Name: Paradeep Hyderabad Pipeline Project. Client Name: Indian Oil Corporation Limited (IOCL) Contractor Name: Kalpataru Power Transmission Limited (KPTL) Subcontractor Name: Kailash Chandra Sahoo Dear Sir, We are pleased to issue our Letter of Award on your organization for HDD Work as per Below details. Ch. Details: Ch No. 04 & Ch. No. 36 Sr.No. ‘Work Description Uom | aty | Rate Per Unit | Amount 1 | Horizontal Directional Driling of 18° +3” Dia [| sg eam |eacannn pipe for Soft Strata 2 | Bonus mtr | 500 1,000 | 500,000 Sub-Total | 3,900,000 gs7@18% | 702,000 Grand Total | 4,602,000 Note: Any Additional gly. other than this award shall be subject to front availability, price validation after mutual discussion and acceptance. alPaeKALPATARU POWER TRANSMISSION LIMITED il & Gos Division 71, Kalpotery Synergy, Opp. Grand Hyot, Sentocruz (6), Mumbai - 400 055. Ind. Tel +91 22 3064 5000 Fox +91 22 3064 2777 ‘e-mail: infrastructure@kalpataru.com wor kelpatarupowercom ‘CIN : L40100G!1981PLC004281 Commercial Terms and Conditions Minimum Rig Capacity: 100 Ton for HDD including all tool with suitable accessories. GST: 18% Extra. TDS: Deduction as per government norms, ub-Contractor has to mobilize along with required accessories within 10 days from confirmation by Project Manager. Schedule for each activity will be decided and agreed jointly by KPTL Project Manager or his authorized representative and Contractor's authorized representative before mobilization. This schedule for each activity shall be the basis for Price Reduction Schedule (PRS) for delay in completion of work by the contractor. CPBG: 10% of total order value within 15 days from Nationalized Bank Payment Terms: 100% within 30 days after certification of invoice at site for successful completion of work. Sub-Contractor shall not be eligible for any payment in absence of the LOA acceptance. Sub-Contractor to submit bills along with relevant supporting documents and compliances within 21 days from the date of work completion. In case of delay, the bills will not be accepted. Reduction in Letter of Intent Value on Account of Late Completion: 2.5% of Total Order Value per week to Maximum 10% of Total Order Value, You are requested to confirm acceptance of the above Letter of Award by sending the duly signed and stamped copy of this LOA to us. In the event of non-receipt of acceptance or any comments within 24 hours from the date of this LOA, the LOA shall be deemed to have been unconditionally accepted by you Thanking you, Yours faithfully, For Kalpataru Power Transmission Ltd. Ravindra Ghodke Assistant Vice President (Head-Procurement) Encl: Scope Matrix.