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MEJA URJA NIGAM (P) LIMITED

(A Joint Venture of NTPC Ltd. & UPRVUN Ltd )

Annexure –

Details of components to be taken into consideration for loading in contractual estimates at MUNPL

S.No. Minimum Wage Old Loading Proposed loading Remarks


(%)
As per minimum wage
1 Minimum Wage notified by the appropriate
Government (presently as per
rates notified by U.P
Govt.)

In case the agency is availing


benefits under the Pradhan
Mantri Garib Kalyan Yojana,
2 Provident Fund 13.00% 13.00% bills of the agency for the
relevant period to be adjusted
in line with SOP circulated
vide CGM (HR), COE-II OM
Dated 07/07/2020.
Employees State 3.25% 3.25%
3 Insurance
8.33% 8.33% To be considered upon
4 Bonus* applicable wages not exceeding
Rs. 21000/-p.m.
5 Leave with wages# 5.00% 5.00% In case of contract period of 240
days or more.
6 Retrenchment 4.91% 4.91%
Compensation#

7 National Holiday 0.98% 0.98% For 26th January (Republic Day),


15th August
(Independence Day) and 2nd
October (Gandhi Jayanti).
8 Pradhan Mantri Premium of Premium of Rs.330/-
Jeevan Jyoti Bima Rs.330/- Per annum per worker Cost of annual to be loaded in
Yojna (PMJJBY) Per annum per the contract
worker Value. Documentary evidence to
9 Pradhan Mantri Premium of Premium of Rs.12/- be submitted by contracting
Suraksha Bima Yojna Rs.12/- Per annum per worker agency for reimbursement.
(PMSBY) Per annum per
worker
10 Contractor’s Profit 10.00% 10.00% As per practice, on minimum
wage component only.
11 Safety 2% (For O&M) 2% (For O&M) Detailed circular in this regard
1% (For Non- 1% (For Non-Technical may be issued by Safety/TS.
Technical works) works)
12 Other Allowance Not exceeding 4% Allowances for liveries, tea,
(Mobile, T&P, 4% snacks and meal as per the work
Liveries, Tea, etc.) requirement. (Excluding T&P)
13 T&P - 6%

(*): To be paid to the worker the end of contract or within 8

months from from the end of accounting year, whichever is earlier.

(#): To be paid at the end of contract period along with final.

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