Bharat Heavy Electricals Ltd.

(A Government of India Undertaking) Power Sector-Western Region, "SHREEMOHINI" 354,Kingsway, Nagpur-440001 KORBA (EAST) 2 X 120 MW-REFURBISHMENT Invoice Debit Note No. CSEB/KET/O&M/9011 To, Your Order Ref No. : Superintending Engineer (Renovation) CSEB, Korba East. Project Name : Customer: Code Sl. No. Project : Description

CODES DIV. PW Bill Type:

Date: 31.05.2007 LOI 07-09/TH/402/1391 date : 11.5.1999 MOM DATED 29.05.2006 CSEB LETTER NO. 20-18/KETPS/R690/90 DT. 16.02.2006 Korba East - O&M ( 5 & 6 ) Korba East Qty Unit Rate / Unit Rs. P. Contract No. Amount Rs. P.

Billing for O&M Supervision for the period from 01.03.07 to 31.05.07

583000 00

1749000 00

TOTAL

1749000 00

Less: 10% Advance Adj.

174900 00

Net Payment

1574100 00

Add : Service Tax @ 12.2%

192040 00

Total (Rupees Seventeen Lakhs Sixty Six Thousand One Hundred Fourty Only)

1766140 00

FOR AND ON BEHALF OF BHARAT HEAVY ELECTRICALS LTD.

CONSTRUCTION MANAGER

1 Payment may please be made Account payee crossed cheque in favour of BHEL. 2 Interest will be charged on payment not effected within Thirty days of this debit at the rate at 18% per annum or on percent hight than the ruling rate changed to BHEL by bank on cash credit which over is higher.

Bharat Heavy Electricals Ltd.

(A Government of India Undertaking) Power Sector-Western Region, "SHREEMOHINI" 354,Kingsway, Nagpur-440001 CSEB Korba (East) Site

ANNEXURE TO INVOICE NO. CSEB/KET/O&M/9011 Dated 31.05.2007

Sl.No. 1 2

Billing Schedule No. 5.4 (BHEL) PPIL OM (Schedule G3) Total Amount for O&M Supervision

Total Amount 9000000.00 12000000.00 21000000.00

Remark CSEB Letter No. 2143 Dated 27.02.2003 CSEB Letter No. ED (O&M:GEN) /R&M/ 293 Raipur Dated 18.01.02

Billing to be made in 36 istallments as follows: a) b) 35 equal installments @ Rs.583000.00 last installment @ 595000.00 Total 20405000.00 As per Letter No. BHEL/SSBG/PPIL/R&MKE Dated 02.12.2005 & Approved by CSEB vide Letter No. 20-18/KETPS/R690/90 Korba 595000.00 Dated 16.02.2006 21000000.00

FOR AND ON BEHALF OF BHARAT HEAVY ELECTRICALS LTD.

CONSTRUCTION MANAGER