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Basic prices of raw materials and components and Index number for Insulator used in the manufacture of
Switchgear & Controlgear prevailing as on 1st working day of the month of April 2021 and LME average
settlement price of copper for the month of March 2021and April 2021
and
Corresponding applicable all India average consumer price index number for the month January 2021
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This is for the application in IEEMA's Price Variation Clauses as under:
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1. Switchgear and Control gear: MV AIS (Above 1100 V and Up to & Including 36 KV) effective from 1st January 2019
Li se
2. LV SWITCHGEAR AND CONTROLGEAR (up to & including 1100 V) effective from 1st January 2019
3. HT Switchgear (ABOVE 36 KV): IEEMA/PVC/HT-SWGR (ABOVE 36 KV)/2007 effective from 1st June 2007
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Sr. Description Price/Index Variation over
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2. ALUMINIUM: (Al)
Price of busbar grade equivalent to IS:5082-1998 Rs. 2,56,800.00/MT + 5,300.00
rs F
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7. CUSTOMS EXCHANGE RATE: (Ec)
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Customs exchange rate for conversion of foreign currencies U.S. Dollar 1.3486
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equivalent to Rs. 100 prevailing as on 1st April 2021 Pound Sterling 0.9737
Japanese Yen 148.0385
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EURO 1.1409
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Authorised Signatory
QE/PVC/18 (R-06)
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Note: Unauthorised circulation of IEEMA PV Circulars by anyone other than authorised Users, without prior
approval of IEEMA in any form including photocopying or re-typing except for internal circulation within their own
organization, is prohibited. Users found violating this agreement are liable to be removed from the subscribers list.