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Rates Master Circulars Extended MOU dated 17 10 2018 Freight Advance in case of NTPC

Circularfreight

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TypeCommercial Circular
Topicfreight
Official PDFindianrailways.gov.in

Summary

Rs.6,QOO Crores shall be deposited before the end of'tbe financial y.oar 2·01$-19 Le.:3:1 .

Text of the circular

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\;°x+~ot~ NloU c:U • r, r Io. 10 I \s· pc.

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• I:.NO:!A NON: :.JUJ»CIAL ....

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Governme,nt:of·NatronalCapitaJ Territory ofO.e:lhi ~- . ..... ~-,---~:-

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_ ~-Stam,p U~e t>o~ .• Retarene& Purchased: bcv .

• ~'j Description of Docum~o.t .

Propert.y:OGr~tic;;n:

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: ~r;, :\·'· NTPC t1Ml~. :

lNdiAN R~ll..WAYS NT?C .l;.JM1TEO · . , 100 (One Hundred only) i :~· '.-; _,,, .!

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· ,~Q:no. l'a;ty st.arnp O.utV Paicf ay Stamp Duty Amourit(Rs.)

. 7,( ' :,·-'·' A Memorandu:rn of Utrdetstaru:lmg(MOU) was eat.er-eel. :into . on 29t11· day of Ma,ch 2-0i-8 by between fudian Railway~ Minis.tty of:lia,ilways .•. oovetni'rtent ofindfa havmg its registered' office at R;ail Bhawan,. Raisii1.a. Road, Rajpath Aree, Centnu Secrctariirt, New De1hi-li0001 as the ONE PART (hereinaftertetetred to as 0RJ1Hways'\and M;'&NTPC Ltd., a comp~y incorporated under the Company Act; 1956 'having its registered office at N'TP.C Bhawan, Scope Compl~x. 7, Institutional Area, Lodhi Road, New Delhi-1)0003 (its successors and permitted assigns) of the

-OTHER PA.RT (hereinafter called the ''NTPC') for supply of coal rakes on terms and conditions c.ontained therein valid for one year or till the freight advance amount exhausts ; whichever is ~~ ..

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•· Extension of MOU be.tw~ 1attwa~.::~'.NrPC :an! tclease ~'pa~ ·"t·lts.t~OM Crores to 'l\ailways--as Fmight AdV.a.tJU.,m .~ed.~~ system.J,11 :three ilmaltments for seami~ '10.al. trAnsp0,ttati<Ml ·to ~· NTPC PD-W• ~ aa-ossth.e :o.olUl'by · .

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• The first insta:Umed:t of R:s.2)600 CrOres' shal:f be . .Pai'd he.fore the e~~on of the earlier adv~ce Rs.5,0.00 Crores as pet MoU dated 2~.:03;,201\8 .

• Second Installment of Rs.2,()00 Crores sh,all be given i:n Januarr 201-9.. or bef'or~ the exhaustion of the previous installment, whfohever ts ear.tier, and the b~1;1 ~O@t of Rs.6,QOO Crores shall be deposited before the end of'tbe financial y.oar 2·01$-19 Le.:3:1 . 3~~19 .. : ·.:;;

)~ or before the exhaustion of thewovi-01.1s UJ.Stallme.iit,; wlmhevcr is earlter.

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• MoU shall cease to exist on the 4ay when b.tl~ee ~ Mt.

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• Ex.tension of this MolJ shall b.edec:i(!ed ~y.

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.. .. ·, .. _· And WHEREAS Railways, .and NTPC have :th«~f'ote) ageoc-to extend. the Mou further for a period of one year or till the Freight Advanec · e~ w'hi.d:iever is car.Uor as per the same tcnns .·a.n,i cotrditions.· o.f MoU signed he.tw,een Indi~.Iwhvays aim NTPC OJi·Zf~-0$:201&. .

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In WITNESS THEREOF theparti'e6 have sign~~· MO(t ~n 17& ~y of ~to~~ •. 201 S, .

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• ·~-: '.>-~l· •, .· .. ·: \. >:~.r·(NTYC) · ···'~~~ N'8.lne:' (-Shr.i-Nandurl Srlnwas) IJre51;gpati'on! ED(FT)' Addres~ NTPC Ltd,, BOC Amiel; A-SA, Sectot2,it:Noid·a, U.P.~201301 .

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Sigttati;i.rt Name: (Shri Barjesh Dharmaru} Design~tion: EDTQ(R) Acldtess: Railway Beard, Rail Bhawan;

Raisina Road, New Defhi-'110001 '.,t .:

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