EASTERN COALFIELDS LTD. (A subsidiary of Coal Ltd.) Office of the General Manager(MM) Sanctoria:P.O.Dishergarh-713333, Dist. Burdwan (WB) Phone - 0341 2523606 : Fax 0341 2520459 / 2522061 WBST REG NO:AS/225(B) , CST REG NO:97/B(AS)/CENTRAL

Purchase Order # 05822171(40) Date: 05.03.2013

To M/s. Telco Construction Equipment Company Limited P.O. Nibra near Check Post by Regd. Post P.S. N.H. 6 (Mumbai Road) DT. – 711 409

Dear Sir, Sub : Supply of 35 Te Dumpers , Model EH600 along with Consumables & Lubricants for 1st year of operation and MARC for 05 (Five) Years . Ref : i) Our Global Tender No. ECL/ PUR/21221224/E/35Te Dumper/065 opened on 09.10.12 (Off Line) & 10.10.12 (On Line) ii) Your Off Line Offer No. Telcon : EH600 : ECL : 09 , dated. 08.10.2012 & subsequent On Line Offer iii) Various Correspondences , last being your two letters vide no. TELCON:EH600:ECL:09D dated 04.01.2013 and THCM/BLR-ECL/ 11/12-13 dated 23.01.2013

Please arrange to supply the following materials on L-I tender basis as per terms and conditions mentioned below & Annexure enclosed . ------Sl. Description Unit Qty. Rate per Extended No. Reqd. unit(Rs.) Value(Rs.) ------1. a) 35 Te Dumper , Model EH600 with Cummins Engine , Model NTA14C , developing 283 KW(380 HP) @ 2100 rpm with DGMS approved Fire Detection & Suppression System , including first fill of Oils , Grease & Lubricants as per details technical specification given in Annexure – A attached and including Tools as per Annexure – A1 and generally as per scope of supply indicated in your offer and specifications for attached as Annexure – A3 No. 14 84,00,000.00 11,76,00,000.00 b) Consumables & Lubricants for 1st year of operation i.e. Warranty period as per Annexure – A2 Set 14 7,77,889.00 1,08,90,446.00 Total : 12,84,90,446.00 (Material Code for Equipment - 13750872) (Total Rupees Twelve Crore Eighty Four Lakh Ninety Thousand Four Hundred Forty Six Only).

NOTE : We reserve the right to extend the order quantity of 14(Fourteen) no. to 54(Fifty Four) no. along with their Consumables & Lubricants for 1st year of operation and their MARC for 05(Five) years(54 No. is the tendered quantity of above referred tender)

Terms and Conditions

01. Rates: i) FOR EQUIPMENT : Ex-works , Kharagpur (West Bengal) but on FOR Destination basis and FIRM till execution of the supply . ii) FOR CONSUMABLES & LUBRICANTS For 1st Year Of Operation i.e. Warranty Period : Ex-Ware House , Nagpur but on FOR Destination basis and FIRM till execution of the supply . 02. Excise Duty: i) FOR EQUIPMENT : Shall be payable extra at actual against documentary evidence within scheduled delivery period . Rate quoted by you is 12.36% (inclusive of Cess). Your self declared invoice shall be construed as the evidence of the Excise Duty paid by you . You will have to submit a certificate from your Auditor at the time of billing , certifying that refund / credit if any , obtained by you against this order would be passed on to ECL . ii) FOR CONSUMABLES & LUBRICANTS For 1st Year Of Operation i.e. Warranty Period : Rate shown for Consumables & Lubricants in Annexure – 2 is inclusive @ 12.36% . Any increase of Excise Duty on a/c of Consumables & Lubricants for 1st year of operation will be in your a/c (i.e. any increase on a/c of E.D. of Consumables & Lubricants will be borne by you) . Your self declared invoice shall be construed as the evidence of the Excise Duty paid by you . You will have to submit a certificate from your Auditor at the time of billing , certifying that refund / credit if any , obtained by you against this order would be passed on to ECL . 03. Sales Tax : i) Concessional Sales Tax shall be payable extra as applicable within scheduled delivery period for supply of Equipment to the Consignee based in Jharkhand . Rate quoted by you is 2% against Concessional Form . ii) WB VAT shall be payable extra as applicable within scheduled delivery period for supply of Equipment to the Consignee based in West Bengal . Rate quoted by you is 4% . VAT Credit will be obtained by ECL as per rules . iii) Concessional Sales Tax shall be payable extra as applicable within delivery period for supply of Consumables & Lubricants to the Consignee based in Jharkhand as well as West Bengal . Rate quoted by you is 2% against Concessional Form . 04. Consignee : - i) Area Stores Officer, ECL, Pandaveswar Area (West Bengal) – 06 No of Dumper and their Consumables & Lubricants for 1st year of operation . ii) Area Stores Officer, ECL, Salanpur Area, (West Bengal) – 02 No of Dumper and their Consumables & Lubricants for 1st year of operation . iii) Area Stores Officer , ECL , S.P. Mines Area (Jharkhand) – 06 No of Dumper and their Consumables & Lubricants for 1st year of operation . 05. Paying Authority: General Manager(Finance)I/C, ECL Hqrs., Sanctoria, P.O.Dishergarh – 713333, Dist. Burdwan (West Bengal) 06. Payment : For Equipments And Consumables & Lubricants for 1st year of operation i.e. Warranty Period :- (i) 80% value of each equipment and Consumables & Lubricants for 1st year of operation and 100% Excise duty and full concessional CST / VAT along with 100% Transportation charge will be payable within 21 days after delivery of the equipment at the project site and receipt and acceptance of PBG for the equipments and their Consumables & Lubricants supplied , by the Paying Authority. The equipment should be accompanied by relevant dispatch documents like challan, Makers Test-cum-Inspection Certificate , Guarantee Certificate, CIL/ECL’s Inspection Certificate etc. (ii) Balance 20% payment shall be made within 21 days of successful completion of erection, commissioning and final acceptance of each of the equipment and Consumables & Lubricants for 1st year of operation at site upon presentation of a certificate from the Project Officer to the effect that the equipment has been erected and commissioned to their entire satisfaction . No payment will be made for supply of incomplete Equipment and Consumables & Lubricants for 1st year of operation .

Payment would be made through e-payment, the details for which shall be as under :- i) Name of the Payee in Block Letters Telco Construction Equipment Company Limited ii) Address PO. Nibra , Near Ankurhati Check Post PS : Domjur , NH – 6 (Mumbai Road) Distt. Howrah , West Bengal – 711 409 iii) Bank A/c No. of Payee 90110000132 iv) Name of the Bank HDFC Bank v) Name of the Branch and Branch Code Kasturba Road Branch , Code – 560240002 vi) PAN Card No. of Payee AAACT9077B vii) Indian Financial Service Code (IFS Code) HDFC0000009 07. Transportation : i) Equipment : Shall be done by you. Transportation charges shall be payable extra at actual against documentary evidence subject to a maximum limit of Rs.1,05,000.00(Rupees One Lakh Five Thousand only) per equipment (inclusive of Service Tax) for supply to Jharkhand as well as West Bengal . ii) Consumables & Lubricants for 1st year of operation : Shall be done by you . No freight will be payable for supply of Consumables & Lubricants for 1st year of operation for supply to Jharkhand as well as West Bengal . 08. Transit Insurance : Shall be done by you . No Transit Insurance will be payable for supply of Equipment as well as Consumables & Lubricants for 1st year of operation for both the States i.e. Jharkhand and West Bengal . 09. Dispatch instruction: Notification of dispatch should be sent to the Consignee and copies to GM(MM), ECL and GM(X) , ECL immediately after dispatch giving the following particulars :- a. Supply Order and date b. Machine Sr. No. c. Date of Inspection d. Date of Dispatch e. Name of project to which dispatched f. No. of packages g. Quantity and/or weight h. Description of Stores i. Consignment Note No. and Date j. Name of Transporter/Trailer / Truck No. Failure to submit the above details with constitute failure on the performance of the supplier. 10. Delivery : Equipments as well as their Consumables & Lubricant for 1st year of operation i.e. Warranty period shall be on FOR Destination (door delivery) basis and shall commence within 04 months from the date of receipt of Purchase Order @ 4 Dumpers per month . 11. Guarantee/Warranty : You shall warrant that the equipment supplied under this contract is : a)In accordance with the Contract Specifications . b) The equipment will be warranted against any manufacturing defects/ workmanship for a period of 12 months from the accepted date of commissioning . Any defect observed on this account shall be attended to immediately . c)You must ensure that there is no major breakdown due to manufacturing / designed defects during the warranty period . In case such breakdown occurs , the Purchaser reserves the right to extend the warranty period suitable . The warranty shall cover for total equipment so that comprehensive responsibility lies with you . Although components may be supplied different suppliers to you . 12. Performance Bank Guarantee: You shall have to furnish Performance Bank Guarantee on any Scheduled/Nationalized Bank in India valid for 18 (eighteen) months from the date of commissioning for 10% landed value of the equipments and their Consumables & Lubricants for 1st year of operation as a coverage towards the Supplier’s performance against the Contract, in the standard format enclosed (Annexure-B1).

The amount of PBG should remain 10% throughout the entire 18 months period. In case some amount of the PBG is en cashed, in the event of non-payment of Liquidated damages as per Effect and Duration of Guarantee of the order, you shall replenish the same, so that PBG amount does not fall below 10% of the landed value of the equipments at any point of time during the entire 18 months from the date of commissioning. In the event of failure to do so, ECL reserves the right to en cash any balance amount of the PBG, if required or to recover from any amount payable to the supplier by ECL or by CIL/any subsidiary of CIL . The Performance Bank Guarantee must be submitted within three weeks of placement of formal order. The PBG should be furnished on a non-judicial stamp paper of Rs.100/- or more and should be in the name of the Bank. No payment will be made without submission of Performance Bank Guarantee. The value of the PBG shall be Rs.10,52,545.00 (Rupees Ten lakh Fifty Two Thousand Five Hundred Forty Five Only) per Dumper for supply to the State of Jharkhand and Rs.10,71,422.00 (Rupees Ten Lakh Seventy One Thousand Four Hundred Twenty Two Only) per Dumper for supply to the State of West Bengal . 13. Security Deposit : As per NIT. Amount for security deposit would be Rs.10,52,545.00 (Rupees Ten lakh Fifty Two Thousand Five Hundred Forty Five Only) per Dumper for supply to the State of Jharkhand and Rs.10,71,422.00 (Rupees Ten Lakh Seventy One Thousand Four Hundred Twenty Two Only) per Dumper for supply to the State of West Bengal . The format of Security deposit is at Annexure B2 . NOTE: Since you have to submit Security as well as Performance Bank Guarantee you have option to submit a Security Cum Performance Bank Guarantee (in lieu of Security and Performance Bank Guarantee separately). The format of Security Cum Performance Bank Guarantee is at Annexure B3 . In that case , amount of Security cum Performance Bank Guarantee would be Rs.10,52,545.00(Rupees Ten lakh Fifty Two Thousand Five Hundred Forty Five Only) per Dumper for supply to the State of Jharkhand and Rs.10,71,422.00 (Rupees Ten Lakh Seventy One Thousand Four Hundred Twenty Two Only) per Dumper for supply to the State of West Bengal . The format of Security cum Performance Guarantee is at Annexure B3 .

14. Guaranteed Availability : The Supplier shall ensure that the Guaranteed availability of the equipment shall not be less that 85% (Eighty Five Percent) for the first 03 years from the accepted date of commissioning . For the balance 02 years (i.e. from 4th year to 5th year from the accepted date of commissioning) the availability of the equipment shall not be less than 83%(Eighty Three Percent ). The method of assessment applied shall be as follows :- The following calculation shall determine the availability of the Equipment: Scheduled Available Time-Downtime X 100% % Availability = Scheduled Available Time Scheduled Available Time shall equate to 24 Hours. Downtime shall mean all hours of work lost due to mechanical, electrical or other failure, including : a) Routine servicing and maintenance in accordance with the manufacturer’s published recommendations, including: Changing oils, oil filters and air filters; lubrication; Changing identified consumable or wear parts. b) Planned preventative maintenance programmes; It shall not however include:

I. Damage due to abusive use or incorrect operation methods by the Purchaser; II. Accidents; III. Strikes or stoppage of work by the Purchaser’s personnel; IV.Natural disaster; V. Lack of Spare Parts not attributable to a failure of the Supplier, it’s Agents or Representatives. Downtime shall also specifically include all hours lost due to failures determined to be guarantee failures. The supplier shall state the number of hours per day required to carry out (a) and (b) above. The time stated shall, with the agreement of the Purchaser, form the basis of the assessment of the availability. The Purchaser will assist the Supplier, without relieving the Supplier of any other obligations under the Contract, to achieve the guaranteed availability by: - Providing normal and proper maintenance, including preventative maintenance in accordance with the Supplier’s standard/published recommendations, and making all necessary repairs using only genuine manufacturer’s spares. - Providing co-operation to all Supplier’s authorized representatives, complying with all reasonable procedural suggestions to improve efficiency of machine operation or reduce downtime. - Where appropriate, providing and maintaining such conditions as:  Proper electrical Supply  Terrain Area  Bench preparation  Reasonable floor conditions - Providing all Supplier’s authorized representatives access at all reasonable times to the machine service and repair facilities. - Maintaining a logbook for each shift wherein the working hours, breakdown times, maintenance hours, idle time, etc. shall be recorded. This record will be available for examination and signature by the Supplier’s representative. 15. Effect and Duration of Guarantee This Guarantee shall become effective on the day on which the Equipment is commissioned at the Site. The issue of the Purchaser’s Acceptance Certificate shall evidence commissioning. This Guarantee shall remain effective for twelve (12) months from the date of commissioning, irrespective of the hours operated by the Equipment during the period of the guarantee. In the event that the Equipment fails to achieve the Availability herein provided during this twelve (12) month period, the Supplier shall be liable to pay to the Purchaser, as Penalty, a sum equal to, as indicated hereunder for each equipment: - a) 1% of the delivered price of the equipment for every percentage reduction from the Guaranteed Availability for the first 5% b) 10% of the delivered price of the equipment for reduction beyond 5% from the Guaranteed Availability. The Supplier has however the option to modify the equipment, if felt necessary, to bring its availability to the guaranteed level within three ( 3 ) months after expiry of initial guarantee period of twelve (12 ) months from the date of commissioning . 16. Deemed Breakdown: When the supplier is unable to supply the replacement of a failed part under warranty within 21 days of giving intimation by the consignee and if the machine is commissioned by using the spare from the stock of the project the period (after 21 days) till the supplier replaces the part under warranty shall be treated as “Deemed Breakdown” (the credit for keeping machine available shall not be given to the supplier).

17. Special Condition: For close monitoring of the performance of the equipment under warranty, the Project Authorities must furnish the following information as per enclosed Proforma (Annexure C) on monthly basis to ECL Hqrs. On completion of the Performance Guarantee Period, a consolidated statement in the said proforma must be sent to GM(Excv),ECL Hqrs. for judgement regarding performance of the equipment. The Project authorities must not give performance certificate directly to the equipment supplier. 18. Packaging for Transit: The supplier shall provide proper packing of the goods to be shipped by them as is required to prevent their damage or deterioration during transit to their final destination. The packing of stores shall be done by the suppliers at their cost. The packing shall be sufficient to withstand, without limitation, rough handling during transit and exposure to extreme temperature during transit. Packing case size and weights shall take into considerations, where appropriate, the remoteness of the goods final destination and the absence of heavy handling facilities at all points in transit. The packing, marking and documentation within and outside the package shall comply strictly with such special requirements as shall be mentioned in the order. a. Marking and Package Packing etc. : Each Package delivered under this contract shall be marked by the contractor at his cost with the description and quantity of contents with the consignee’s name and address, with gross weights and with the name of the contractor and with distinctive number of mark which is also to be shown for the purpose of identification. All markings should be carried out with paint satisfactory to the inspector as regards quickness of drying and indelibility. b. Packing Materials – Free supply : All packing cases, containers, packing and other similar materials shall be supplied by the contractor free of cost . If the stores are not packed and marked in accordance with instruction above or in case where the packing materials are delivered separately and they are not in accordance with the stipulation above, those shall be liable to be rejected by the inspector whose decision as to be sufficient or otherwise compliance with the instructions shall be final. Repacking if any required by the Inspector before onwards dispatch shall if not carried out by the contractor within a reasonable/ responsible time of demand thereof be carried out by the inspector at the cost of the contractor. Each package shall contain a packing note quoting specifically the name of the contractor, the supply order no. and date , the name of the Purchase organization who placed the order , the description of the stores and quantity in the package. 19. Inspection : Initial Inspection shall be carried out at your works by the authorized representative of Gr.GM(X) , ECL/HQ and final inspection shall be carried out at Consignee’s end by the Consignee’s representative after receipt of materials at site. 20. Erection/Assembly , Commissioning & Performance Testing : You will provide services of specialist technicians and labour to under take installation / erection / assembly , commissioning and any performance testing of the equipment and accessories supplied . 21. Training : You , in consultation with the Project Incharge / HOD(X) of the respective site shall make available experienced personnel to conduct training of Engineers , Supervisors , Technicians and Operation Personnel for suitable period from the date of issue of acceptance certificate of the equipment . The training shall cover the following :- a) Equipment System , Safety and Risk Assessment . b) Equipment operation and maintenance. c) Trouble shooting localization of fault and their remedies covering - Electrical and electronics - Mechanical - Hydraulic System - Lubrication System - Pneumatic System etc.

Comprehensive training manuals with clear illustration shall be provided to each participant in English language .Training courses shall be conducted in both English and Hindi Languages . 22. After Sales Service : You will depute your Service Engineers for periodical inspection/checking and performance monitoring of the equipment during its warranty period and to advise the projects on action to be taken for obtaining maximum availability of the equipment 23. Spare Parts Provisions a) Availability of Spare Parts. All items and Equipment proposed shall be of current design and manufacture. You shall warrant that sufficient spares and servicing facilities will be available to maintain the Equipment in use throughout its life. You shall also ensure availability of Spares for a period of at least Five years beyond the MARC period , which shall be procured by ECL as per the need . b) Provision of Consumables : You shall also ensure availability of Consumables for a period of at least Five years beyond the MARC period , which shall be procured by ECL as per the need . c) Lifetime Spare Parts You will undertake and guarantee to produce and maintain stocks, to be available for purchase by the Purchaser for all Spare Parts and Consumables as may be required for maintenance and repair of the equipment beyond the MARC period , whichever is applicable against separate contract . In the event that the Supplier wishes to terminate production (beyond the MARC period , wherever applicable) of such Spare Parts, the Supplier shall :- (i) Give not less than six months notice in writing of it's intention to terminate production in order to permit the Purchaser reasonable time in which to procure needed requirements; and (ii) Immediately following termination, provide to the Purchaser at no cost, manufacturing drawings material specifications and all necessary permissions to manufacture of the Spare Parts elsewhere. In any event, the Supplier shall not seek to terminate manufacture of spare parts for a period of not less than five (05) years beyond MARC period . d) Any change in Part Number or superseded Part Number should be inform to the ECL Excavation Department and MM Department and Project site wherever equipment is operating . e) General Nothing in this Clause shall relieve the Supplier of any Guarantee, Availability, Performance or other obligations or liabilities under the Contract. 24. Price fall Clause : a) Prices charges for the stores to be supplied under the supply/purchase order by the suppliers shall in no event exceed the lowest price at which suppliers sell the stores or offer to sell the stores of identical description to any customer during the pendency of the supply order. b) If any time during the said period, the supplier reduce the sale price, sell or offers to sell such stores to any other customer at a price lower than the price chargeable under this contract, they shall forthwith notify such reduction of sale or offer to sell to the GM(MM), ECL and the price payable under the contract for the stores supplied after the date of coming into force of such reduction or sale, shall stand correspondingly reduced. c) The contractor shall furnish to the consignee/paying authority concerned with a copy to GM(MM), ECL at intervals mentioned below :- i) Within a month of the commencement of the contract, a certificate as to the price prevailing at the commencement of the contract. ii) Within a month of the expiry of every six months, a certificate as to the price prevailing during the preceding six months and

iii) At the end of the contractual delivery period, within one month of the completion of supply of the full ordered quantity, a certificate in the following form:- “I/We certify that the stores of description identical to the stores supplied to the consignee concerned under the contract herein have not been sold by me/us to any other organization at the commencement of the contract upto the period of completion of delivery at the price lower than the price charged to the consignee concerned of the contract”. Failure in submission of the aforesaid certificate by the contractor within one month of expiry of the period to which the certificate relates , may result in withholding of payment of their bills against supply of the last machine and accessories, if any, in the case where ordered quantities exceed one number. Where the ordered quantity is for one number, payment will be released only after submission of the certificate as mentioned herein above. 25. Manuals: At least one month before the scheduled installation date, the Supplier shall provide with each equipment :- (a)Suitably illustrated copy of Operating, Repair and Maintenance Instructions for all the equipment, written in the English language, substantially bound in book form; 01(one) copy along with soft copy to each project site, and 01(one) copy along with soft copy to the GM(Excv) ECL/HQ. (b) Suitably illustrated copy of detailed spares parts manuals for each type/model of equipment and accessories written in English language substantially bound in book form. 01(one) copy along with soft copy to each project site, and 01(one) copy along with soft copy to the GM(Excv) ECL/HQ. 26. Tools : Tools as mentioned in the Annexure A1 should be provided free of cost . 27. One set of dispatch documents of each consignment should invariably be sent to the office of the GM(MM)IC, ECL 28. Road Permits./ Way Bills if required should be obtained directly from the Consignees. 29. Penalty for failure to supply in time : The time and date of delivery of stores stipulated in the Purchase Order shall be deemed to be the essence of the contract and delivery must be completed by the date specified. No materials should be supplied beyond the specified delivery period, unless specific approval has been obtained from the purchaser . In case of failure to deliver or dispatch the stores, within the stipulated date/period in accordance with the samples and /or specifications mentioned in the supply order and in event of breach of any of the terms and conditions mentioned in the supply order, ECL reserves the right to any or all of the following :- a) to recover from the successful tenderer as agreed, Liquidated damages @ ½% (half percent) of the price of any stores , which the successful tenderer has not been able to supply for each week or part of the week during which the delivery of such stores may be in arrears limited to 10% (ten percent). Where felt necessary the limit of 10% (ten percent) can be increased to 15% (fifteen percent). b) to purchase elsewhere after due notice to the successful tenderer on their account and at the risk of the defaulting supplier, the stores not supplied or other materials of a similar description without canceling the supply order in respect of the consignment not yet due for supply. OR c) To extend the delivery period with or without penalty, as may be considered fit and proper. The penalty, if imposed, shall not be more than the agreed liquidated damages referred to as clause (a) above OR d) To cancel the supply order or a portion thereof if ECL decides purchase of stores at the risk and cost of the defaulting supplier and also. e) To forfeit the security deposit received in full or in part.

OR f) Whenever under this contract any sum of money is recoverable from any payable by the supplier, ECL shall be entitled to recover such sum by appropriating, in part or in whole by deducting any sum or which at any time thereafter may be due to the successful tenderer in this or any other contract. Should this sum be not sufficient to cover full amount recoverable, the successful tenderer shall have to pay to ECL on its demand the remaining balance. The successful tenderer shall however not be entitled to any gain on any such purchase. 30. Test and Guarantee certificates: Manufacturer’s Test and Guarantee certificates should be provided along with the supplies. 31. Quality Assurance : As given by you in your offer. 32. Submission of Bill : (a) Supplier shall have to submit bills (five copies) to the consignee along with the consignment and challan along with the requisite document, if any. (b) The consignee shall then send SR Notes, Challan, Inspection Note and Three copies of bills (including the original) and any other requisite documents, to the paying authority.

(c)The following additional information should be incorporated in your invoice as per Central Excise Act so that ECL may avail CENVAT Credit under rule 11(2) of Central Excise Rules. (i) Name of the Consignor. (ii) Address of the Consignor (iii) Centralized Central Excise Registration No. of Consignor (iv) Address of Corporate Office (v) Central Excise Division (vi) Central Excise Range (vii) Commissionerate (viii) TIN No. & VAT No. (ix) Name and Address of the Consignee (x) Central Excise Registration No. of Consignee (xi) Central Excise Range, Division and Commissionerate of Consignee (xii) Description and classification of goods (xiii) Time and Date of removal (xiv) Mode of Transport and Vehicle Registration No. & RR No. (xv) Rate of Duty (xvi) Quantity and Value of Goods (xvii) Excise Duty, Primary Edu. Cess & S.H. Edu. Cess (xviii) Invoice should be in Triplicate. (Original for buyers, Duplicate for Transporter and Triplicate for Consignor/Assessee) (d) Information relating to ECL to be incorporated by you in your invoices:- (i) Centralized Central Excise Registration No. of ECL: AAACE7590EEM001. (ii) Address of Corporate Office: Office of CMD, Eastern Coalfields Limited, Sanctoria- 713333. (iii) Central Excise Division: Asansol II, Senraleigh Road, Asansol- 713305 (iv) Central Excise Range: Kulti, X-10, South Road, Burnpur-713325. (v) Commissionerate: Bolpur(West Bengal). (vi) TIN No. & VAT No. : 19741701222 & 19741701028. (vii) Centralized Service Tax Registration No. of ECL: AAACE7590EST007

33. Please quote purchase order No and date in all your correspondence.

34. Any Consumable & Lubricant required (both in terms of item and quantity) , in excess of the Consumables and Lubricants ordered herein based on the list submitted by you , will be supplied immediately by you at your cost . The Consumable and Lubricant if any , after warranty period remains in stock (i.e. not consumed) shall be taken back by you within 30 days from the expiry date of the warranty period against payment thereof , at the same landed cost at which initially purchase by ECL . The cost of the same shall deducted from your next monthly payment even if the same has not been taken back by you within specified time . 35. Any terms and conditions of supply, not specified in the Purchase Order will be governed by our NIT/Tender documents and also by the General Terms and Conditions of Supply of Stores of ECL already attached with the NIT/tender documents. 36. Duplicate copy of this order duly signed should be returned to us within 15 days as token of acceptance. 37. MARC Agreement for a period of 05(Five) years would be signed separately by the Purchaser and MARC Holder(M/s. Telco Construction Equipment Company Limited) and documented as per NIT and as agreed by you . The MARC Agreement will be an integral part of this supply order .

Rate and Important Terms & Conditions for MARC is mentioned below : 1) Rate : For conclusion of Maintenance and Repair Contract (MARC) for 05 years rate shall be as below (Per Dumper) :- Spares & Consumables Charge per working hour of Supervision & overhead charged excluding Equipment including all Taxes per Dumper (Rs.) Service Tax per available hour per Dumper (Rs.) NIL 198 566 210 962 219 813 249 901 249

NOTE a)Spares & Consumables charges per working hours per Dumper indicated above is inclusive of all other cost , taxes & duties . b)Supervision and overhead charges per available hour per Dumper indicated above is exclusive of Service Tax . Service Tax shall be payable extra as applicable on Supervision and overhead charges . The present rate (as quoted by you) is 12.36% . 2) Security Deposit : 10% of the average annual MARC price arrived by dividing total MARC price by total MARC period, in form of a Bank Guarantee in our prescribed format on any scheduled/Nationalized Bank payable at Asansol drawn in favour of Eastern Coalfields Limited within 2 weeks from date of notification of award should be submitted . The Bank Guarantee should be kept valid for up to 6 months after the scheduled date of completion of MARC . The Security Deposit for MARC shall be returned or discharged after successful completion of entire contract . In case the MARC period is extended, the Bank Guarantee for Security Deposit shall be extended accordingly. Amount of Security to be submitted is Rs.3,15,424.00 (Rupees Three Lakh Fifteen Thousand Four Hundred Twenty Four Only) for each of the Dumper for supply to State of Jharkhand as well as State of West Bengal. 3) PAYMENT :- 3.1. Billing Schedule 3.1.1 On the first working day of each month, ECL shall notify in writing to you the readings of the Service Hours Meter recorded in the previous month in respect of each equipment. The Available Hours and the Working Hours will be calculated based on the above readings of Service Hours Meter and the equipment Log–Book to be maintained jointly by ECL and you .

3.1.2. You may within 5 days of the succeeding month provide to ECL an invoice, along with the following documents, for monthly price payable to it for the preceding month : a). Certified copy of the relevant pages of the Equipment Log-Book applicable for the particular month; b). Certified copy of the notification of readings of Service Hour Meter applicable for the particular month. 3.1.3 If ECL agrees with the amount of the invoice after audit and verification, it shall make the payment of the invoice to you within 21 (twenty one) days from the date of receipt and acceptance of the invoice. 3.2 ECL will pay monthly maintenance & repair prices as detailed hereunder: a. Spares and consumables charges per working hour of equipment x Actual Working Hours clocked. b. Supervision and Overhead charges per available hour of equipment x Actual Available Hours. c. The total monthly MARC price = (a) + (b).

After the expiry of warranty period, the purchaser shall have the option to handover left over Spares/ consumables to you against payment as per the contract unit price of spares/ consumables. This shall be adjusted from the next monthly bills towards MARC price payable to you .

If the equipment is under breakdown due to any accident, face fall and blasting damages etc. the spares and consumables charges of the MARC will not be payable during that period. However, the supervision and overhead charges will be payable if the total no. of days under breakdown is 15 days or less in a month. If duration of such breakdown exceeds 15 days in a month no supervision & overhead charges shall be paid. 4.0 COMPENSATION FOR NOT ACHIEVING GUARANTEED AVAILABILITY 4.1 In the event that the Equipment fails to achieve the Guaranteed Availability herein provided calculated over each 12-month period, except due to limitation of guaranteed availability clause (as detailed in clause No. 3.5 of MARC part E of NIT) during the initial period of 3 years( i.e 60% of MARC period rounded off to the next whole number), you shall be liable to pay to the Purchaser, as compensation against not achieving guaranteed availability as indicated in table I, a sum equal to as indicated hereunder for each equipment in each year. a. 1% of the total actual MARC charges for the relevant year plus the notional value of the equipment on that particular year (in which guaranteed availability has not been achieved) for reduction in every percentage or part thereof from the Guaranteed Availability for the first 5%. b. 10% of the total actual MARC charges for the relevant year plus the notional value of the equipment on that particular year (in which guaranteed availability has not been achieved) for reduction beyond 5% from the guaranteed availability. 4.2 In the event that the equipment fails to achieve the Guaranteed availability herein provided calculated over each 12 months, except due to limitation of guaranteed availability clause (as detailed in clause No. 3.5 of MARC part E of NIT) for the balance MARC period of 2 years, yyou shall be liable to pay to the purchaser as compensation against not achieving guaranteed availability as indicated in table I, a sum equal to as indicated hereunder for each equipment in each year. a. 0.5% of the total actual annual MARC charges (for the year in which guaranteed availability has not been achieved) for reduction in every percentage or part thereof from the Guaranteed Availability for the first 5%.

b. 5 % of the total actual annual MARC charges (for the year in which guaranteed availability has not been achieved) for reduction beyond 5% from the guaranteed availability 05. Other terms & conditions of MARC shall be as per NIT .

FOR AND ON BEHALF OF ECL

SR. MANAGER(PUR) CHIEF MANAGER(PUR)

CC : D(T)-P&P / D(T)-Op / D(F), ECL CC : GM(MM)s, BCCL/WCL/CCL/NCL/SECL/MCL CC : GM(MM)IC/GM(MM)-I/GM(MM)-II/GM(F)I/C - The Paying Authority/ CVO/Chief Manager(F)MM/Chief Manager(F)-Bills . CC : Progress Cell. ECL - This has reference to indent no. EXCV/HEMM/12-13/4 dated 30.04.2012 , EXCV/HEMM/11-12/5 dated 26.04.2011 , EXCV/HEMM/10-11/14 , dated 01.11.2010 of the Excavation Dept., Hqrs. .Our IC No. 21221224 dated 21.03.2012, BC # has been accorded vide no. CB/EM/HEMM/12-13/29 dated 26.02.2013 for Rs.13,77,58,185.60 and CB/EM/HEMM/13-14/02 dated 26.02.2013 for Rs.39,41,88,076.80 and FC no. GM(F)/35 Te Dumper/12-13/58 dated 04.03.2013 for Rs.13,77,58,185.60 . CC : Gr.GM(X) , ECL/HQ : He is requested to arrange for provision of Budget for the MARC for the 05(Five) years in the required year . CC : GM)/AE(X)/AFM, Pandaveswar , Salanpur & S.P. Mines Area. CC : Consignee: Area Stores Officers, Pandaveswar , Salanpur & S.P. Mines Area . CC : Asst. Commissioner, Commercial Taxes, Central Section, 14 Belgiaghata Road, 700015. CC: Independent External Monitors: (i)Shri Debabrata Bandopadhyay IAS, Former Secretary, Land &Land Reforms, Govt of West Bengal G.D.- 89, Sector III, Salt Lake Kolkata – 700106 (ii)Shri Sujit Shankar Chattopadhyay, IAS (Retd), CK-205, Sector- I, Salt Lake, Kolkata 700091 CC: CGM(UMD), CMPDIL, Ranchi. CC : Company Secretary , ECL/HQ : This issues with the approval of the Board of Directors in the 259th Meeting held on 16.02.2013 which has been communicated by your Office vide Letter No. ECL: CS:3(259)/467 dated 18.02.2013 .

EASTERN COALFIELDS LTD (A subsidiary of Coal India Ltd) Office of the General Manager(MM) Sanctoria: P.O.Dishergarh-713333, Dist. Burdwan (WB) Phone - 0341 2523606: Fax 0341 2520459 / 2522061 WBST REG NO: AS/225(B), CST REG NO: 97/B (AS)/CENTRAL

Ref No: ECL/PUR/02/P O # 05822171(40)/Ammendment/2013/ 2012 Dated: 29/03/2013

Ammendment 1

To M/s. Telco Construction Equipment Company Limited P.O. Nibra near Ankurhati Check Post by Regd. Post P.S. Domjur N.H. 6 (Mumbai Road) DT. Howrah West Bengal – 711 409

Dear Sir,

Sub: Supply of 35 Te Dumpers , Model EH600 along with Consumables & Lubricants for 1st year of operation and MARC for 05 (Five) Years .

Ref : i) Our Global Tender No. ECL/ PUR/21221224/E/35Te Dumper/065 opened on 09.10.12 (Off Line) & 10.10.12 (On Line) ii) Your Off Line Offer No. Telcon : EH600 : ECL : 09 , dated. 08.10.2012 & subsequent On Line Offer iii) Various Correspondences , last being your two letters vide no. TELCON:EH600:ECL:09D dated 04.01.2013 and THCM/BLR-ECL/11/12-13 dated 23.01.2013 iv) Purchase Order # 05822171(40) Dated: 05.03.2013

The above Purchase order is amended to the following extent –

1) Quantity and value - Ordered Ammended Sl Rate per unit Ordered Ammended Description extended value extended value No. (Rs) quantity quantity (Rs) (Rs) 35 Te Dumper , Model 1a) 84,00,000.00 14 No. 29 No. 11,76,00,000.00 24,36,00,000.00 EH600 Consumables & Lubricants 1b) 7,77,889.00 14 Set 29 Set 1,08,90,446.00 2,25,58,781.00 for 1st year of operation Total 12,84,90,446.00 26,61,58,781.00 2) Consignee - Consignee details: Ordered Quantity Ammended Quantity 06 No. Dumper and their 09 No. Dumper and their Area Stores officer, consumables & lubricants for 1st year consumables & lubricants for 1st Pandeweshwer (West Bengal) of operation. year of operation. 02 No. Dumper and their 07 No. Dumper and their Area Stores officer, Salanpur consumables & lubricants for 1st year consumables & lubricants for 1st (West Bengal) of operation. year of operation. 06 No. Dumper and their 10 No. Dumper and their Area Stores officer, S.P Mines consumables & lubricants for 1st year consumables & lubricants for 1st (Jharkhand) of operation. year of operation. 03 No. Dumper and their Area Stores officer, Kajora (West consumables & lubricants for 1st Bengal) NIL year of operation. Total 14 No. 29 No.

3) MARC for existing ordered quantity for 14 No. of Dumper may be read as 29 No.

 Other terms and conditions of the original order shall remain unchanged

 We still reserve the right to extend the order quantity of 29 No. (Twenty Nine) to 32 No. (Thirty Two) along with their consumables & lubricants for 1st year of operation and their MARC for 5 years. (32 No. is the 60% of the tendered quantity of the above referred tender)

For and on behalf of ECL

Sr.MANAGER (PUR) CHIEF MANAGER (PUR)

CC : D(T)-P&P / D(T)-Op / D(F), ECL CC : GM(MM)s, BCCL/WCL/CCL/NCL/SECL/MCL CC : GM(MM)IC/GM(MM)-I/GM(MM)-II/GM(F)I/C - The Paying Authority/ CVO/Chief Manager (F)MM/Chief Manager(F)-Bills . CC : Progress Cell. ECL - This has reference to indent no. EXCV/HEMM/12-13/4 dated 30.04.2012 , EXCV/HEMM/11-12/5 dated 26.04.2011 , EXCV/HEMM/10-11/14 , dated 01.11.2010 of the Excavation Dept., Hqrs. .Our IC No. 21221224 dated 21.03.2012, BC # has been accorded vide no. CB/EM/HEMM/13-14/02 dated 26.02.2013 for Rs.39,41,88,076.80 and FC no. GM(F)/35 Te Dumper/13-14/1 dated 04.03.2013 for the amount Rs.39,41,88,076.80 (for the equipment portion) and BC No. MB/R-09/13-14 dated 16.03.2013 for Rs 1,42,82,000.00 (for Consumables & lubricants) CC : Gr.GM(X) , ECL/HQ : He is requested to arrange for provision of Budget for the MARC for the 05(Five) years in the required year . CC : GM)/AE(X)/AFM, Pandaveswar , Salanpur, S.P. Mines Area & Kajora Area. CC : Consignee: Area Stores Officers, Pandaveswar , Salanpur, S.P. Mines Area & Kajora Area . CC : Asst. Commissioner, Commercial Taxes, Central Section, 14 Belgiaghata Road, Kolkata 700015. CC: Independent External Monitors:

(i)Shri Debabrata Bandopadhyay IAS, Former Secretary, Land &Land Reforms, Govt of West Bengal G.D.- 89, Sector III, Salt Lake Kolkata – 700106 (ii)Shri Sujit Shankar Chattopadhyay, IAS (Retd), CK-205, Sector- I, Salt Lake, Kolkata 700091

CC: CGM(UMD), CMPDIL, Ranchi. CC : Company Secretary , ECL/HQ : This issues with the approval of the Board of Directors in the 259th Meeting held on 16.02.2013 which has been communicated by your Office vide Letter No. ECL: CS:3(259)/467 dated 18.02.2013 .

Sr.MANAGER (PUR) CHIEF MANAGER (PUR)