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THE WEST BENGAL POWER DEVELOPMENT CORPORATION LIMITED
( A Governmem of We.rt 8t•11gnl Enterprlse ]
Registered & Corporate Office :
Bidyut Unnnynn Bhaban, Ploi-3/C, Block-LA,
Sector-Itt, Kolkata 700 098.
Phone: 2339-3183; D(F&RA)- 2339-3206; GM(F&A) - 2339-3220.
Fax : 2339-3186.
e-mail ; whOOc2/ii1gip..y:IO 1. \'STI l.nc;1.in
Ref. No. : WBPDCL/4l,'2..g December 14, 2018
Ms Surbhi Goyal,
Senior Energy Specialist,
The World Bank, HT House,
18-20, Kasturba Gandhi Marg,
New Dclhi-110 001
Dear Madam,
We enclose herewith Audited Financial Statement of BTPS-Unit No 5-
EERM Project for the year 2017 -18 alongwilh appointment of auditor
for your necessary action.
Please note that Statutory audit of WBPDCL is complete and placed
before CAG for their comment. As soon as we receive lhe same, we
will forward the same to you.
Thanking you,
Yours faithfully,
~
D Adhya
DGM (F&Al
Encl: As above
Corporute IJcn1i1)' No. U 401().l \\IIJ 1985 SGCO 39154
l'.(rishanu Bhattacharyya & Associates
Chartered Accountants
122 ( Old 47 ), Lawrence Street, Uttarpara, Hooghly, Pin - 712 258
Phone: (033) 2663 6802, E-mail: krishanu_b@rediffmail.com, krishanufca.b@gmail.com
Audit Report
The Director (F&A),
The West Bengal Power Development Corporation Lid.
Bidyut Unnaynn Bhnban,
Block- LA, Plot No,3/C,
Sector-HI Snit Lake City,
Kolknta-700098
lniroductory Pnrngruph
We have audited the accompanying financial statements, including the Balance Sheet, Sources
and Application of Funds and notes 10 the financial statements. of the BTPS-UNJT NO. 5
(13TPS V) COAL FIRED GENERATION REIIAl31LITATlO;11 PROJECT (EERM PROJECT)
[Financed under World Bank Loan No.: 7687-rN and Grant No.: TF 094676] as of 31st March,
2018 and express an Un-qualified opinion on these financial statements based on our audit.
Scope Paragraph
We conducted our audit in accordance with the applicable Accounting Standards issued by the
Institute of Chartered Accountants of India, to the extent applicable. Generally Accepted
Accounting Principles and World Bank Guidelines. These Standards/ Guidelines require that we
plan and perform audit 10 obtain reasonable assurance about whether the financial statements arc
free of material missratcmcnr, An audit includes examining, on test basis, evidence supporting
the amounts and disclosures in the financial statements. An audit also includes assessing the
accounting principles used and signi ficant estimates made by management, as well a.~ evaluating
the overall financial statement presentation. We believe that our audit provides a reasonable
basis for our opinion.
Opinion Paragraph
In our opinion, the financial staicrncms give a true and fair view of the Sources and
Application of Funds Of the BTPS-UNIT NO. 5 COAL FLRED GENERATION
1
REHABILITATION PROJECT (EERM PROJECT) for the year ended 31• March, 2018 in
accordance with the applicable Accounting Standards issued by the lnstitutc of Chartered
Accountants of India, to the extent applicable, Generally Accepted Accounting Principles and
World Bank Guidelines.
Without modifying our opinion,
We further report that,
The Funds provided under IBRD Loan No 7687-IN and GEF Grant No TF 094676 have
been utilized for the purposes for which they were provided;
The Interim Un-audited Financial Reports (IUFRs) submitted could be fairly relied upon
to support the applications for Loan/ Grant in accordance with the requirements specified in
the Loan/ GEF Grant Agreement; and
With respect to IUFRs, adequate supporting documentation has been maintained to
support claims to the World Bank for reimbursements as well as direct payments for
expenditure incurred.
For Krishanu Bhattacharyya & Associates
Chartered Accountants
Firm's Registration No. 324327E
Date: io" December 2018
Place: Kolkata
CA Krishanu Bhattacharyya
PARTNER
Membership No 059934
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THE WEST BENGAL POWER DEVELOPMENT CORPORATION LTD.
BTPS-UNIT NO. 5 (BTPS V) COAL FIRED GENERATION
REHABILITATION PROJECT (EERM PROJECT)
NOTES TO THE PROJECT FINANCIAL STATEMENTS
1. SIGNIFICANT ACCOUNTING POLICIES:
(Abbreviations: Bandel Thermal Power Station - BTPS, Boiler
Turbine Generator- BTG, Coal Handling Plant- CHP, Energy
Efficiency Renovation and Modernization- EERM, International Bank
for Reconstruction and Development- IBRD, Global Environment
Facility - GEF, Foreign Exchange Rate Variations- FERV, The West
Bengal Power Development Corporation Ltd-WBPDCL.)
1.1 Basis of Preparation:
The Project (EERM, BTPS-V) Financial Statements (PFS) arc
prepared on accrual basis of accounting under historical cost
convention in accordance with generally accepted accounting
principles in India, Indian Accounting Standards notified under the
Companies (Indian Accounting Standards) Rules, 20 I 5 as amended
by the Companies (Indian Accounting Standards) (Amendment)
Rules, 2016 notified under Section 133 of the Companies Act ,2013
provisions of the Companies Act, 1956, the Companies Act, 2013 (to
the extent notified and applicable), the provisions of the Electricity
Act, 2003 and World Bank guidelines.
1.2 Accounting Convention:
The Project (EERM, BTPS-V) Financial Statements have been
prepared and presented under historical cost convention, on accrual
basis of accounting except as otherwise stated elsewhere and comply
with the applicable Indian Accounting Standards ('IND AS1 issued by
the Institute of Chartered Accountants of India to the extent
applicable, Generally Accepted Accounting Principles and World
Bank Guidelines.
1.3 Use of Estimates:
The preparation of Project (EERM, BTPS-V) Financial Statements in
conformity with Generally Accepted Accounting Principles (GAAP)
requires the management of the company to make estimates and
assumptions that affect the reported balances of assets & liabilities
and disclosures relating to the contingent liabilities as at the date of
the project financial statements. ~"~..-
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The difference between the actual results and estimates are
recognized in the period in which results are known or materialized.
1.4 Property. plant and equipment :
a) The cost of property, plant and equipment comprises its purchase
price net of any trade discounts and rebates, any import duties and
other taxes (other than those subsequently recoverable from the tax
authorities), any directly attributable expenditure on making the
asset ready for its intended use, including relevant borrowing costs
for qualifying assets and any expected costs of decommissioning.
The generating units have been capitalized considering the above
costs on the basis of engineering assessments/certifications
b) In case of commissioned assets, where final settlement of bills with
the contractors arc pending, capitalization is made based on
provisional liabilities subject to adjustments, in the year of final
settlement.
1.5 Capital Work-in-Progress:
a) Capital Work-in-Progress is stated at cost, incurred during pre-
operative/pre-commissioning period.
b) NJ Pre-operative/Pre-commissioning expenditure and trial run
expenditure (Net of Realization) accumulated as Capital-Work-in
Progress arc allocated on pro-rata basis depending on the base cost
of the assets.
c) In respect of supply-cum-erection contracts, the value of supplies
received at site is treated as Capital Work-in-Progress.
d) Incidental expenditure during construction is apportioned to Capital
Work-in-Progress on the basis of accretion thereto. Interest during
construction has been taken into consideration for the purpose of
valuation of Capital Work-in-Progress.
c) Claims for price variations, if any, in case of contracts are accounted
for on acceptance basis.
1.6 Mechanism for Disbursement:
Both Loan and Grant received, have been in the form of
reimbursement and direct payment method only.
1. 7 Borrowing Costs:
Borrowing costs that arc attributable to the acquisition or
construction of qualifying assets are capitalized as part of lhe cost
of such assets. A qualifying asset is one that necessarily takes
substantial period of time to get re!'t~~ ~ntcndcd use.
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1.8 Foreign Currency Transactions:
The functional currency of the Company is determined on the basis
of the primary economic environment in which it operates. The
functional currency or the Company is Indian National Rupee (INR).
Transactions in foreign currency arc accounted for at the exchange
rates prevailing on the date of transactions. Transactions
remaining unsettled are translated at the exchange rate prevailing
at the end or the financial year. Exchange gain or loss arising on
settlement/translation is recognized in Statement or Profit and
Loss
1.9 Provisions, Contingent Liability & Contingent Assets:
A provision is recognized where there is a present obligation as a
result of a past event and it is probable that an outflow of resources
will be required to settle the obligation and in respect of which
reliable estimate can be made. Provision is discounted to its present
value and is determined based on the best estimate required to
settle the obligation at the year end date. These are reviewed at
each year-end date and adjusted to reflect the best current
estimate.
Contingent Liabilities are determined on the basis of available
information and arc disclosed by way or Notes on Accounts.
Contingent Assets are not recognized in the Project Financial
Statement.
1.10 Grants
Government grants relating to income are determined and
recognised in the profit and loss over the period necessary to match
them with the cost that they arc intended to compensate and
presented within other income.
Government grants relating to the purchase of property, plant and
equipment arc included in non-current liabilities as deferred income
and are credited to profit and loss on a straight line basis over the
expected life of the related assets.
The benefit of a Government loan at a below market rate or interest
is treated as a Government grant
3
THE WEST BENGAL POWER DEVELOPMENT CORPORATION LTD.
BTPS-UNIT NO. 5 (BTPS V) COAL FIRED GENERATION
REHABILITATION PROJECT (EERM PROJECT)
PROJECT COMMISIONING DATE (COD): 24/11/2015
2. EXPLANATORY NOTES TO THE PROJECT FINANCIAL
STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2018
2.1 No Statemenl of Profit and Loss has been prepared as separate
books & record for BTPS-V (EERM project) is not maintained. Since
it is a renovation of existing unit, after commencement of production
of Unit-V (COD date: 24/11/2015), all the expenses and income of
all the units (I to V) of BTPS arc accounted as a whole and no
separate unit wise books & record is maintained, as per existing
practice.
2.2 No Special Bank Account earmarked for the project has been opened
by the Company as most of the fund received from World Bank has
been in the form of direct payment method only.
2.3 Other expenses of Rs 35. 70 Lacs relating to Consultancy charges
CSR of Rs 33.77 lacs and Rs 28.70 Lacs relating to Knowledge
exchange visit to South Africa is also lying under CWIP.
2.4 The EERM (BTPS-V) Project account has been prepared m
accordance with consistently applied Accounting Standards as
issued by the Institute of Chartered Accountants of India.
For Krishanu Bhattacharyya &
For The West Bengal Power Associates
Development Corporation ltd Firm's Registration No. 324327E
Charte"i(i:",:::
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OEB~ UPTA KRISHAN ~ CHARYYA
DIRECTOR (F&A) PARTNER
Membership No 059934
Dated : 10/12/2018
Place : Kolkata
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The W~st Bcng.1I Power Development Corporation ltd
8TPS·UnJ1 No. 5 (BTPS VI Cool Fired Gonon'llion Roltabllltotloo Pro!tct (EERM Pro!gctl
Details of fund Clolmcd from Wor{d Bank for
On 5horr•Supply· BTG•Doosan Powt:r Sys-temJ' lrtdlo Pvt. Ltd
FlnQnclol Year 20J7·J8
Schodulc·lA
FIJ!.urcs In Rs
Loan (IBRO Lean No (GEF Grant No TF
Appllc.itlon 7687-IN) Gr;int 094676- INJ Tot~I Amount (loon+ Mec.h.1nism for
10 Amount Clolm Stotus of iBRD Loan Appllnllon 10 Amount Clolm Stotu, of GEF Grant Grant) Disbursement
WA•171 20,60,981 Disbursed \VA•227 4,80,897 Disbursed 25.41.878 Direct Payment
\VA,173 3,24,088 o,sburoed \VA,231 75,621 Disbursed 3,99,709 Oi,cct P.1ymcnt
WA,182 58,15,845 Disbursed \VA•242 13,57,032 Disbursed 71,72,877 Otrc-<:t P,w mcnt
WA,196 B,27,31,641 Disbursed IVA-258 3,09,70,716 Disburicd 16,37,02.357 Direct Payment
GrandTot,11 17,38,16,821
The Wmt Btncal Power Oevtlopmtn1 Corpor.,1lon U.d
ltJ>S~Unlu«t...l l&lliVl (cyJ Ores! Grnc,ratfon R,~;,b111JaJl,on projffl (£ERM prolrC1)
Dcrons of Fund CfolmtdffR!!l..W.9.!lJ!_look}o.r
tJDJ.lmi.L
Olf5hott:Sflpoly; BTG-Qocuan pPMJ.hJl XLJf9
Q..P.
Elmmclol YtorWZ·ll
Scht'dul~UI
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Lc•n (!BRO Loan No (18RO loan No (GEJ Gr.int No TF (GEF Gnnt No TF
Applludon 7617-IN) 7617-IN) Calm St.atw. of IDRD Gr.ant =6-IN) 094$76- IN) CL.>lm Statu:J of GCF To~I Am ount (lo.an• Mt<hanhm for
10 Amount(EURI Amount(Rsl l..,n A ..... ,~tlon ID AmountfEUR) Am ovntlJb) Gr.1nt G,.nttlRsl Dhburume.nt
WA•l97 22,SS.093 ]7,18.75,(l()(I Dl,bw~d WJ\•lS9 5,26,189 4.00.29,000 O;,t,ur1<d 21. 19,0:.llOO Dire-ct Payment
GrandTot.11 21,19,04,000
The West Bengal Power Development Corporation ltd
BTPS-Unlt No. 5 (BTPS VI Coal Fired Generation Rehabilitation Project (EERM Project)
Details of Fund Claimed from World Bonk for
Erectlon-BTG· Doosan Power Systems Indio Pvt. Ltd
Finonclol Year 2017-18
Schedule-2
Fil!_ures in Rs
(GEF Grant
Loan (IBRD Loan Grant Nolf Total Amount
Applicatio No 7687-IN) Applicatlo 094676- IN) Claim Status of GEF (Loan+ Mechanism for
n ID Amount Claim Status ol lBRD Loan n ID Amount Grant Grant) Disbursement
WA-171 4,83,000 Disbursed WA-225 1,12,700 Disbursed 5,95,700 Direct Payment
WA-195 2,60,96,251 Disbursed WA-257 60,89,125 Disbursed 3,21,85,376 Direct Payment
Grand Total 3,27,81,076
The West Bengal Power Development Corporation Ltd
BTPS-Unit No. S (BTPS V) Coal Fired Generation Rehabilitation Prefect {EERM Project}
Details of Fund Claimed from World Bank [or
Supplv· Electrical Package-Alstom T & D Indio Ltd
Financial Year 2017-18
Schedule-3
Figures In Rs
..
(GEF Grant
Loan (IBRO Loan Grant NoTF Total Amount
Applicatio No 7687-IN) Applicatio 094676- IN)
(Loan+ Mechanism for
nl0 Amount Claim Staus of IBRD Loan n 10 Amount Claim Status of GEF Grant Grant) Disbursement
WA-175 10,87,796 Disbursed WA-233 2,53,819 Disbursed 13,41,615 Direct Payment
WA-190 22,14,023 Disbursed WA-250 5,16,607 Disbursed 27,30,630 Direct Payment
WA-192 35,02,743 Disbursed WA-253 8,17,307 Disbursed 43,20,050 Direct Payment
WA-200 13,73,532 Disbursed WA-263 3,20,490 Disbursed 16,94,022 Direct Payment
WA-214 29,92,624 WA-280 6,98,278 36,90,902 Direct Payment
Grand Total l,37,77,219
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BTPS-Unit No. 5 IBTPS V) Coal Fired Generation Rehabllltation Project IEERM Project)
Details of Fund Claimed from World Bank for
Erection- Electrical Packoqe-Als:tom T & D India Ltd
Financial Year 2017-18
Schedule-4
figures
I in Rs
(IBRD Loan (GEF Grant
Loan No 7687- Grant Nolf Total Amount
Applicatio IN) Claim Staus of IBRD Applicatio 094676- IN) Claim Status of GEF (loan+ Mechanism for
n ID Amount loan n ID Amount Grant Grant) Disbursement
WA-176 4,10,550 Disbursed WA-234 95,795 Disbursed 5,06,345 Direct Payment
WA-199 6,23,029 Disbursed WA-262 1,45,374 Disbursed 7,68,403 Direct Payment
WA-213 38,58,708 WA-279 9,00,364 47,59,072 Direct Payment
Grand Total 60,33,820
The West Bengal Power Development Corporation Ltd
BTPS-Unit No. 5 (BTPS V) Coal Fired Generation Rehabilitation Project IEERM Project)
Details of Fund Claimed from World Bank far
Supply-Mandatory Spares & Design far CHP-Vinar System Pvt Ltd
Financial Year 2017-18
Schedule-5
Fl!!_ures
I in Rs
loan (!BRO Loan No Grant (GEF Grant No TF
Application 7687-JN) Claim Sta us of IBRD Application 094676· IN) Claim Status of GEF Total Amount
ID Mechanism for
Amount Loan ID Amount Grant (loan+ Grant) Disbursement
Disbursed butClalmed Disbursed butClaimed
before 31st March, before 31st March, 2017
WA-159 20,75,189 2017. WA-212 4,84,211 2S,S9,400 Direct Payment
WA-174 11,36,363 Disbursed WA-232 2,65,151 Disbursed 14,01,514 Direct Payment
WA-187 13,48,609 Disbursed WA-247 3,14,675 Disbursed 16,63,284
WA-188 Direct Payment
3,52,912 Disbursed WA-248 82,346 Disbursed 4,35,258 Direct Payment
WA-191 26,41,314 Disbursed WA-252 6,16,306 Disbursed 32,57,620 Direct Payment
WA-202 13,45,212 Disbursed WA-265 3,13,880 Disbursed 16,59,092 Direct Payment
WA-206 1,21,67,3S4 Disbursed WA-270 28,39,049 Disbursed 1,S0,06,403 Direct Payment
Grand Total 2,59,82,S71
The West Bengal Power Development Corporation ltd
BTPS-Unlt No. S (BTPS V) Coal Fired Gene ra lion Rchabilltalion ProJect (EERM Project)
Details of Fund Claimed [ram World Bank for
Erection for CHP Pockoqe-V/nar System Pvl Lid
financial Year 2017-18
Schcdule-6
fi.!l_ures in Rs
Total
Loan (IBRD loan No (GEF Grant No TF Amount
Applicallon 7687-IN) Claim Staus of IBRD Grant 094676- IN) Claim Status of GEF (loan+
ID Amount Mechanism for
loan Application ID Amount Grant Grant) Disbursement
Disbursed butClalmed Disbursed butClaimed
before 31st March,
before 31st March,
WA-158 11,00,837 2017. WA-211 2,56,863 2017. 13,57,700 Direct Pavment
WA-167 12,42,419 Disbursed WA-221 2,89,898 Disbursed 15,32,317 Direct Pavmcm
WA-180 10,23,056 Disbursed WA-239 2,38,713 Disbursed 12,61.769 Direct Pavment
WA-189 2,73,616 Dfsbursed WA-249 63,845 Disbursed 3,37,461 Direct Pavmcnt
WA•l98 lO,ll,288 Disbursed WA-260 2,35,967 Disbursed 12,47,255 Direct Payment
WA-201 1,15,743 Disbursed WA-264 27,006 Disbursed 1,42,749 Direct Payment
WA-205 29,81,833 Disbursed WA-269 6,95,761 Disbursed 36,77,594 D,rect Payment
Grand Total 95,56,845
The West Bengal Power Development Corporation ltd
BTPS-Unlt No. 5 (BTPS V) Coal Fired Gene ration Rehabilitation Project (EERM Project)
Details of Fund Claimed from World Bank far
Supply-Ash Handling Plant-Macawber Beekav Pvt. Ltd
Financial Year 2017-18
Schedulc-7
Fl£ures in Rs
Total
loan (IBRO loan No (GEF Grant No TF Amount
Application 7687-IN) Claim Status of Grant 094676-IN) dalm Status of GEF (loan+ Mechanism for
10 Amount IBRO loan Appllcation ID Amount Grant Grant) Disbursement
WA-168 11,97,690 Disbursed WA-222 2,79,460 Disbursed 14,77,150 Direct Payment
WA-207 35,29,470 Disbursed WA-271 8,23,543 Oisbursed 43,53,013 Direct Payment
Grand Total 58,30,163
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The West Bengal Power Development Corporation ltd
BTPS-Unit No. S {BTP5 Vl Coal Fired Generation Rehabilitation Prolect {EERM Project)
Details of Fund Claimed from World Bank for
g,ection-Ash Handling P/ant-Mocawber Beekay Pvt. Ltd
Finoncio/ Year 2017-18
xhedulc-8
Figures
I In Rs
Total
Loan (JBRD loan No (GEF Grant No TF Amount
Application 7687-JN) Claim Status or Grant 094676· IN) Claim Status of (Loan+ Mechanism for
JD Amount IBRD Loan Application ID Amount GEF Grant Grant) Disbursement
WA-170 1.72,650 Disbursed WA-224 40,285 Disbursed 2,12,935 Direct Payment
WA-204 5,66,363 Dlsbursed WA-268 1,32,151 Disbursed 6,98,514 Direct Payment
Grand Total 9,11,449
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The West Bengal Power Development Corporation ltd
BTPS-Unit No. 5 (BTPS V} Coal Fired Generation Rehabilitation Project (EERM Project)
Details of Fund Claimed from World Bank for
Supplv-Air Conditioning Svstem-Voltas Ltd
Financial Year 2017-18
Schedule-9
Fil!_ures In Rs
(GEF
Grant No Total
loan (IBRD loan Grant TF 094676 Amount
Applicatio No 7687-IN) Claim Status of IBRD Applicatlo IN) Claim Status of GEF (loan+ Mechanism for
n ID Amount loan nlD Amount Grant Grant) Disbursement
WA-169 2,14,947 Disbursed WA-226 50,154 Disbursed 2,65,101 Direct Payment
WA-194 8,58,892 Disbursed WA-255 2,00,408 Disbursed 10,59,300 Direct Payment
WA-209 5,93,420 Disbursed WA-273 1,38,465 Disbursed 7,31,885 Direct Payment
Grand Total 20,56,286
The West Bengal Power Development Corporation Ltd
BTPS-Unit No. S (BTPS V) Coal Fired Generation Rehabllltation Project (EERM Project)
Details of Fund Claimed from World Bank for
Erection-Air Conditioning System-Valtas Ltd
Financial Year 20l 7-l8
Schedule-10
Fi£ures in Rs
(GEF
(IBRD Grant No
Loan Loan No Grant TF 094676
Applicatio 7687-IN) Claim Status of Applicatio IN) Claim Status of GEF Total Amount (Loan Mechanism for
n ID Amount IBRD Loan nlD Amount Grant + Grant) Disbursement
WA-181 10,98,968 Disbursed WA-241 2,56,426 Disbursed 13,55,394 Direct Payment
WA-186 1,04,193 Disbursed WA-246 24,312 Disbursed 1,28,505 Direct Payment
WA-193 1,41,548 Disbursed WA-254 33,028 Disbursed 1,74,576 Direct Payment
WA-208 1,41,548 Disbursed WA-272 33,028 Disbursed 1,74,576 Direct Payment
Grand Total 18,33,0Sl
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The wen B,npl Powtr Development Corporillon lid
OTPS·VnJt No. s (BTPS VJ Co;.I Flrrd GcncuUon R-eMbUH.ttlon P,01s:<1 (£(RM prof«ll
~---
An.:tncJ:al Ytar 2017•18 FY20l7-18
051:tgll-s gf P;r ..C frgm WBPO~l'l Qwn fl!O:~ 1h1tl01 Fa! l,017•18
tt!JIH!:ll.Mul Al per PFS Al P~, IUFR
Nit\lre of P.ivm,nt Amount {Ill) Ri: In 000
On 5horc-Sunntu.. BTG·Oe>CH.ffl Powe r Sys,tcm), 1ndi.a PY':. ltd' 6,10.70,773
Off Shore-Supply• BfG•Ooos~n Power Sve1erns tndl.1 Pvt, Ltd 7.47,45,293
Eu:c-tlon•S TG· Ooo~n Power SY11cms lndl:i PvL Ltd 1.15.17.676
Toal for BTG (Al 14,73,33,742 l,47.334
Supply- E1Mtricill P.1cb,tC• Al.s1om T &: 0 lnd,,1 Ltd 48.•0.6'2
ErecHon· Electric.,! P~cbee· Abtom T & o Ind~ Ltd 21.19.-991
Toal for El•«rical ID) 69.60,633 6,960
Suop1v-Mand;,torv Sp.1rc.s & OCil111 for CHP-Vinilr System Pvt Ltd 8i.l9,762
£1cttJon for CHP P,ck-,R.c..Vinu svncm Pvt ltd 28,80.780
Tot•I for CHP {C) .l,ll.10.542 11,111
Supolv•ruh H11nd1Jn,t PJ.int·M~uwbcr Sc-clrav Pvt. Ltd 20,48,437
f1cctlon--l\J.h H~ndllnR Plont•M:ttawbcr B-tck.ay Pvt. ltd 3,20.239
Toal for ASP (D) 23,68,676 2,368
Supoly-Alr·CondltioninR Syit'°m·Volt~, ltd 7,22,'-79
Erc~lon· Air Co1'1d1Uonln1. Systcm•VoJ:.u Ltd 6,44,045
Tot>I for ACS (fl 13,66,524 1,366
loul h.nncnts m.1dc for lndlglbft UDttndlturcs durln1 F-.Y 2017•18 ffl• fA+B+C+O.E) l6,91,40,U7 1,69,139
Coniult.1ncv-Oevelopmc-nt Co,uultants Pvt. Ltd. 88,68,944 8,869
Con,uh.:incy- TUV SUD South Asl-1 Pvt ltd-f'.uslblltv Study 17,84,800 1,785
CSR lmp•tl 5tudv· WEBCON Con1ultln1 (lndl>) ltd 33,76,800 3,377
(P.aymenu m.:idc from Own Fund for Reimbursement durfn1 F.Y 2017·18 (G) 1,40,30,544 14,0ll
Tot~I Pavmenu: m.idc from Own Amanncd Fund durlnm F. Y 2017·18tr-.G) 18,31,70,661 1,83,170
lnttrlum Unaudllt-d Anandal Rt-rt
Co11I Hred Powe,r S~tlon R.ch1bU1don Prolctt
lmpltmtntlng Agency: The WHt BenHI Power Development Corporation Umlted
• Stattment of Sou re.cs iJnd Use, of Funds (Over .111 Activity PoultlonJ
Octobor 1,2017 to Muth 31.2018
IUFR•l
In INR '000
A<tu1I
ITEM wmmu1auve to
Current Quarter Year to Date
d•t•
A Sources of funds
i Amount rcc.~ved from IBRO
Direct P.:iyment 373,336 392.885 1,622.221
SD-Kial Commitment . 1,658,244
Rclmbursc-mcnt 351,781
Sub tot.JI 373.336 392,885 3,632.246
n Amo unt rcc.~ved from GEF
DiuM;t P.1vment 87,037 91.598 754.639
Soecial comml1mern .
Reimbursement 14,052 21,094 149,539
Sub tot:JI 101.089 112.692 904.178
fl1 Counteroart fundinJt (Eauity)
Rocelvcd from GOWO/ GOM . 1,695,700
Rocclv>ble from GOWB •R•lnit sh•r• or coulty(26") 161,938 169,139 023,105)
IFrrwondihJrc reimbursed by 63nk Receivable ftom GOWB 6,105
Sub total 161,938 169,139 1.578,700
Iv Uc-.hanr.c fluctu11tJon 120) 120) (20
v P31d bv Utlllty, Rt-celvable from IBRO/GEF (4,091) (7,002)
Tomi Sources of funds 632,252 667,654 6,115,10-,
Bum of funds (bycompononu)
11 A. IBRO/ GEF Funded
A·1 Suaoly & lns:taUatlon
Conlflct. l B"TG
Supolv 375,607 385,722 3,nS,187
In.SQ I I.I ue n 32,185 32,781 321.229
Contract· 2 ElECTRICAl
Supply 12,435 13,1n 86,701
lnrt.tllation 5,527 6,033 30,368
Contra«· 3 COAL KANOUNG .
Sopplv 22.022 25,983 167,514
lnst.1ll.1tlon S,'106 9,558 39,308
Contract• 4 ASHKANDUNG .
Sonnlv 4,353 5,830 30,277
tnst.11lo1tlon 698 911 4,779
Contr.tct. s AIR CONDITIONING(POST REVIEW) .
Sunnlv 1,791 2.056 11,598
fnsQll.1tlon 350 1,833 2,008
Sub totll 460,374 484,484 4,468,969
n A-2 Consultancv
Contract -1 OCPl 8.869 8,869 33,916
Contt,:att -2 OCPL . 29,807
Contr.>ct ·3 5.A. TOUR(POST REVIEW) 2,871
Contract .. TUV SUD(POST REVIEW) 1,071 1,78S 3,570
Contra<! .5 W[BCON CSR IMPACT STUOYIPOST REVIEYII 3,377 3.377
Sub totll 9,940 14,031 73.541
Toto! !BRO/ GEF 470,314 498,515 4,542,510
m B. BTPS (Coun1erpart Fundrd)undr,r Direct Pavwnent
B-1 BTG 143,418 147.334 1,441,698
8·2 ElECTRlv\L 6.311 6,960 41,132
B-3 COAL HANDLING 9,638 11.111 72.666
6-4 ASH HANOUNG 1,774 2,368 12,317
B·S AIR CONDITIONING 797 1,366 4,781
Tot.al BTPS 161,938 169,139 1,572.59-l
C TotQI uses of Funds 632,252 667,654 6,llS,10,
I I
THE \VEST BE1'GAL POWER DEVELOPMENT CORPORATION LI:!vllTED
(A G0Yemruc111 Of We,1 Bengal Enterprise)
BIDYUT FNJ\AYAN BHABA,'11 {CORPORATE)
3/C LA BLOCK, SECTOR ill, BIDH.-L'\1\"AGAR, KOLKATA, Pin:700098
OST Registration Number: 19,\ABCT3027CJZQ
:\IATER.LlL /SERVICE ORDER
Vrndor: Order Nmubtr : HQ/F&,~5080002182
60003$]3
Kridutnu Bhanncharyya & Associates
D•••
Approved Status
: 27.11.2018
: APPRO\'ED
J 22 (Old ~ 7), Lawrence S1
Hooghly:7122~8 GSTIN No.:l9AAHFKS077EJZZ
Pbonc:033-26636802
Erunil;krishAu u_b@rediffmnil.com Courrnet N'umbl'r ; NA
RFQ I File :-uwbe1· : NA
Tu,·otcli,K pn,·tt:
Quo1a1Jon/ Rcfcnoce : NA
60003513
Cerrespeudeuce : NA
Krishanu Bha11oehruyyn & Anocint<5
122 (Old 4 7), Lewreuce St
Hooghly:71225S GSTIN No.:19AAHFK807iElZZ
Phonc:033-26636502
Subject: Audit of Coal Fired Generation Rehabilitation Project · \V8PDCL iro Bandel T.P.S. t:11il No $ fc, the
financial year 2017- IS
We order you for suppl)' & delivery of the follcwing' nmcrialslscrvic<s subject ,o U1c terms and conditions specified
here.
,\11dl1 of Conl Fh·rsl G~n Rrhnb Proi ITTPS
SAC: 9982
Ra,. ·-
SL Service Cede & Desertprton Qty, Cole .Am.•ulll
ll.Nnl (lNU)
I Audit for FY 201 i-1$ 1.00. Ae1i,•ity sooeo.oo S0000
unit
Tu : <;OST· P,00 ~, SGST· 9.00 '•
=~:;,-~:-!t~ =~t:.:.: :1· ~j). 1Cl1U: t:.;C-!(t18li:.~SC ~:, itU:;¥.C,?,-"!Xti-!: ClT t:-¢.: 1i3SH a::: i v;..-: :;o.: ! .;:j:~ -~~·15, ,~~lice -:;.x ~ti
-c·:1;1 !of !"k.
~:.:;..;.~"""='3&: ...:5!901, ::;...:;/:n;;:;.:H~:!ti;., ?;8 Se>.:M2~B!'fC', r-0::/c U .!LOC- !.". !'t':TOil- :t:. Pt.:Vl:-:;~;;nc,, F:~::7)UG9!
(t) THE WEST BENGAL rowsn -4.TION Lll\'IlTED
DEVELOPMEKT CORPOR.
(A Gevemmem Of West Bengal Enterprise)
BIDYUT li:\',>;AYAJ'\ BHABA..1'1 (CORPORATE)
3/C LA BLOCK, SECTOR Ill, BIDHA'.\-:-(A.GAR, KOLJ{ATA, Pin:700098
GST Registration Number: 19AABCT3027CIZQ
A ...... rox. Vnlud Exel Tuos l 500-00.00 n-~·
Tot:,! Tu 90-00.00 n.n
Grand To1al/ fuel. Tax nnd Othus l 59000 .. 00 J11-R
Fl.ll" ,';loo Thousond Rm,ou Ooh·
Toruu & Condltlou:
f!:!!!
NA WBPDCL CORPORATE
l':t\'ttltut Term.s
Audit Fee of Rs 50..000 p!us GST will paid 011 eompleticn oi audit and 'i\tbtnis>ion of Ike copies of Audit Report.
DeU,·on·/ ComplNlou Period
..\udi1 is 10 be completed within 10th December 201S & Audit Report in quinruplicate it 10 be submitted within 14th
December :?01S.
Dtll,·on· Poln1
For Corporate Office
Freight Tcrnu
x,\
L. D. Clou10
NA
P:wlne. Aut hori"'
General Mnnngcr (F&A) Corporate WBPDCL
Conrrolllng omcer/01bers
DG;\1 (F&A) WBPDCL Corporate
Dorntfon or Conrrac1
Audit u to be complete
d within 101h December WIS s, Audit Report in quintuplicete is 10 be submitted \\ithin !~th
December 201S.
Scope oC '\Vork
r\5 annexed
A1tachmeo1 Ref.
Terms of Reference
J\"01c ro Vendor
As per per marchment
Please acknowledge receipt of this order and ccnvey your acceptanee within ; dB)'l
=~=;--:-:a:~ :i!.t:i::.:y lf:. tcm, :oH:c«e:~:ss::cl'J;:s~ r~:. :r .J;racrrr.o.s: cs: r:o.:H:51l7<2:Y v;,.,-: ,~.::;ss1,r""t+:·H, se:--.,1c~ TAA ;e-;
l-1,.;~:-:3~·2-;'~ vt::Y::;.uroo;~-;.., ;.;J; 1ic..:.M.S::73i;::c. fC:!/C !A. s.:.c.:-r.. S!:-!OR :!:, PE:f3!:1;;1~•N. ~:;::i•)OCIS!
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·® THE \VEST BE!'\GA.L PO\\IER DEVELOP~lEl\'T CORPORATION Lm1ITED
(A Government Of West Bengul Enterprise)
BIDYUT l'l\~AYA~ BHABAt'i (CORPORATE)
'lNAGAR, KOLKATA, Pin:700098
3/C LA BLOCK, SECTOR W, BTOHA..l
GST Registrnticn >lumbct': l9AABCT302iC!ZQ
::i:-;: ;-,,:a:t :.:e:i-;: ;.y :,:, . (CUJJ :1H•).:~~1Sl ~:'~~~J3;-:S4 :'1,,X:, '7E:.Z?F.C~"£$0S: CS': sc.. l ;93i.; - 6?:9 VA7 :;o. :l ;~st.;i,t:,)25, Str\'tCt iM ht;
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