HARYANA VIDYIJT PRASARA}{ NIGA\I

LTD
I
I
Regd Office: Shakti Bhewan' Se']toi-6' Panchkula

! i'r l
Chief EngineerMM
HVPNL Panchkula
I(l
Chief Engineer/TS
HVPNL Panchkula.
2. chief Engineer/TS
HVI'NL Hisar'

ven ono c\- t If ccPI l4l t14 Dat?d: /) /1.20t3

contr:icts'
Subject: Corlracl Closure Policv ofHVPNL in clse o!trPC

Boa|dofDirectolsinitsmeetingheldo|r19'0i.201]co]]sideredthememorandumandaPPlovedthe
C]ontlactclosurePolicyofF|VPNLforfinancialaDdtindclosrlrcofEPcconiradsasbroLlghtouliDparajof
rlre n'erorlr'dLrr $l,ich ir reproduced as under:

"Financial Project Closure:

i) All lhe Iulure contracts: fronr
i) ln case no left orer ri'orks/punch porr\I is Pendin:l' immedi:rtely Itfter receipl ofconrpletion cenificate
XE\,/TS.
cefiiflcate to be issued
hr case lelt over \uofkvpunch po-ints irrc p'f'l n !dtrrrn!
istLc ot
ii) 'ompletron
(rrc fur ci\ il \\urki the arnounl I times ot
immediltel] ofler three nonths ofisstLc oiial irrg')\ef crtil
amount S litles drc €slimaicd cost
(HSR - Ceiltug Premnnr) and lbf elecLfical/ ottr"t left oul $,!nks' the
money and huk gu.rrsnle€ if
iu."a on ."r. it"tr u".t er mre wil b€ recovered fion l1le 5% rerenliol|
(losctj'
required and thereaftef the contract shall be finaociall)

b) tll the already ex€culed projects:

of mi of left'r\er
i) P.ojectsconrmissionid and Taking over cerTillcile fecei\ ed flong witholquaniification
\\,or ksrpunch points. ln rhese casJs retenti.n InoN':y
ilcf dtdtrction arnoont fequifed ibr altending
crpit.:lized 'fh,Se Drojects rIaJ be considered as llnalrcioll)
l rlch points ha\e been felcased and assels

ii)P|oidcnco|nnrissionedblltTakiD!ove|cljllif]cllteoot|ecei.lj(|'lnlhesecasesanoliceof3nronrhs'or lte
' ..,'lni.ii"g lhe left over civiycl;crrical tvorks shall bc ser'e' imlnedi'rrelv bv ihe XEN/TS to
alnornt \fili be
.onr'".,ur. tnitu.. ofthe co0lrdctor lo complele lhe xorli \rce rimes the €stimtted
reco"e,el. ln case rvort< is not cornPleted wirhir i monlhs lire estimrijd amount ofI'ft overworks shirli
for gening the Norks conrplclcd
be irtiflrale.l b.' Xelr,/Ts !o MM \\irtg lbr recoverirr.q thre' lilnes llre'eof
d"prrrrmeuLrlly. Thercalief tbcse projccts rnly be considrfe(L rti ilnancially closed

[-i||al projecl Closure:

Ho\evfl final p|oject clo5ure lviIl be aflgcted a]i.| Prcc.sji]]."'o|.time eXiensiol] cx\e .]]d on Sr:cces:ii|l
conrpletio I otwarrani! period."

ll;5rhc|e|o|e|cquesledtokindlyinilialcactionaspcr':hcpoli;y'D|aftllotiogdtll)lettedb)'Llt.ill'.j5
i:i encloscd

./'
$o)r<f ,)
ahief edgi\rrlrAlill
ll'.,PNL. l', chkuia

C(- .
L Sr. PS io Directorl Pro.jecrs tor I'irid infofxralioii ol t)ircctot Pfoiecls IIVPNI-. l'anc[i'L'16
:. Sf. Ps Io Directorl Technical fbf kind ilrloinntion Df Direclor/ Technical, MPNL. Panchliula'
i. Conrpany socretary, l_lVI'N1,. I'lnchkuh.
4. Controiler Fiuance, HVI'i.lL. f'anchltrh.
5. Chiel Aocounts Officer. H\rPNl,. P:'nchkula
6 FA & CAO/M}\'l, HVPNI-, Pancl,l(rrl3
t. S E. MNI-;. HVPNL Panchku!r
E. S.E Mlvl Ii.livPNL Panchkrla
q. All Superintending Enginee|S,"lS, HVPNI-.
10. AIIXEN /1'S. HVPNL.
I -
NIGAM LTD'
's
w
I{ARYANA VIOYUT PRASARAN
tA Govt. oI Haryana undertaKtng)
oio chiei Engineer
(MM) .^..
^
sr,"i.t' a."]*rn.
snaK(l tr'rdwdr' """'- - t:*T:]:1?il9l,
iecto; -
*3;11,,72_256,7 46t2583124.
HvP}I ro.. 0172-2583124!25s3toa f1 ^^-
mail com
E-mail: sewbhvpnl@rediff

To,

The firm

Dated:
Memo No: Ch- I
of EPC
of balance works lor financial Closure
subjed Notice regarding compietion
contracls'

1. Board oi Directors HVPNL

in its':"t'lt":":":;i:r::::;:ffi1ffi:::::
for EF
Contract closure Policy of HVPNL
of the Projectsi
io*" to t""ifit"tu tf'" financial closure
the followins works rnder contract No
2. ;;;;; 4"" been awarded
dt
commlssionlng -
Dated with schedLlled

ir)

progress oi work-b.eins""]'J:,'- "".',1"11j.l,:iffi:

. whire reviewins the
has been comm
obseNed thatthe work your firm; -
siill to be attended by
t","""" *tl(/P*"
toints are

r)

ii)

iiD

the
comPlete the work but
vide memo No
You were requested -to
same is still penorng is Rs'
points to be attended
value oi the Balanae Wcnk/Purch
The estimated
left
for completing the above
upon a Notice of 3 months
6. *" t* n"*, *-"d to crivil/electrica.::::::1r::
over Balance *"tktunch
*,"""" F-_ '- relating
vvorNru"eri points ;J1:to
from you
""", of bal-lance work willbe recovered
amount
three times of the estimated
departmentally
get the works completed
 ,jryffi
'r-'m
/

HAEYAN4 VtpyuT pRt,sARAN NtcAM LtM|TED

Reqd. Office-Shakti Bha,,rran. Sector-6. panchkula

'y^
,,/"
The Chief Engineer/MM
HVPNL, Panchkula
wt{iu"'
Memo No. Cn- 7
Dated:
O{ nVerur.-O:
j
\{rr W
ll_ ll-2al
Subject;- inutes of the '1661h of Boa ofD ,+o
Prasaran Niqarlt Limite eld on 19. 9.2013.

please refer to this ofFice U.O. No. 4ig4ltvl_j66rh

(12) Dated
30.09.2013 and subsequent feminders No. 10o/HVpNL_93 dated 21.10.2013
Ch-104/HVPNL-93 dated 29.10.2013 on the subject cited above.

166.12 Conlract Closure policy of HVPNL in case of EpC contracts_

Inspite of reminders issued by this, office, latest action report on the

above item is still awaited. you are once again requested to expedite
the same so
that latest follow up action should reach in this office immediatelv.

,@rk,#*L
Under Secretary/Secfl.
for Company Secretary

CC:- Sr. PS to Director/Technical for the information of Director/Technical

please

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