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GE Power India Limited CIN-L74140MH1992PLC068379

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GE Power India Limited CIN-L74140MH1992PLC068379 GE Power India Limited CIN-L74140MH1992PLC068379 Corporate Office : Axis House, Plot No 1 -14, Towers 5 & 6, Jaypee Wish Town, Sector 128 Noida Uttar Pradesh - 201301 T +91 0120 5011011 F +91 0120 5011100 www.ge.com/in/ge-power-india-limited 20 July 2020 To, To, The Manager Listing, The Manager Listing, National Stock Exchange of India Ltd. BSE Ltd. ‘’Exchange Plaza’’, P.J. Towers, Dalal Street, Plot No. C/1, G Block, Mumbai – 400 001 Bandra-Kurla Complex, Bandra (E), Mumbai - 400 051 Symbol: GEPIL Scrip Code: 532309 Sub.: Disclosure of Related Party Transactions pursuant to Regulation 23(9) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’) Dear Sir/Madam, Pursuant to Regulation 23(9) of the Listing Regulations, please find enclosed the disclosure of Related Party Transactions of the Company on a consolidated basis in the format as specified in the relevant accounting standards for the half year ended 31 March 2020. This is for your information and records. Thanking you, Yours truly, For GE Power India Limited Pradeepta Puhan Company Secretary & Compliance Officer Registered Office: Unit No 211 -212, 2nd Floor, The Capital, G Block, Plot No. C -70, Bandra Kurla Complex, Bandra East, Mumbai - 400051 T +91 22 45407200 ; F +91 22 45407203 website: www.ge.com/in/ge-power-india-limited Sl.no. List of Related Parties 1 ACC - Babcock Staff Provident Fund 2 ALSTOM (Thailand) Ltd 3 ALSTOM Beizhong Power (Beijing) Co., Ltd 4 ALSTOM HOLDINGS FRANCE 5 Alstom India Tracking B.V. 6 ALSTOM Israel Ltd 7 ALSTOM Management SA 8 ALSTOM Power Canada Inc. 9 ALSTOM Power Conversion 10 ALSTOM Power Italia S.p.A. 11 ALSTOM Power Service 12 ALSTOM Power Systems 13 ALSTOM Power Systems SA - Jeddah 14 Alstom Power, S.A.U. 15 ALSTOM S&E Africa Proprietary Limited 16 ALSTOM Saudi Arabia Transport and Power Ltd 17 Bently Nevada, LLC 18 Dresser, LLC (Upto Dec'19) 19 FieldCore Service Solutions International India Private Limited 20 FieldCore Services Solutions Gulf LLC 21 GE (Shanghai) Power Technology Co., Ltd. 22 GE Boiler Deutschland GmbH 23 GE Drives & Controls, Inc. 24 GE Energias Renovaveis Ltda. 25 GE Energy Control Solutions, LLC 26 GE Energy Power Conversion UK Limited 27 GE Energy Power Conversion USA Inc. 28 GE Energy Products France SNC 29 GE Energy Switzerland GmbH 30 GE Enerji Endustri Ticaret ve Servis Anonim Sirketi 31 GE Global Parts & Products GmbH 32 GE Grid Solutions, LLC 33 GE Hydro China Co., Ltd. 34 GE Hydro France 35 GE hydro France India Project Office 36 GE India Industrial Pvt Ltd 37 GE India Technology Centre Private Limited 38 GE Intelligent Platforms Asia Pacific Pte. Ltd. 39 GE Intelligent Platforms Private Limited 40 GE Middle East FZE 41 GE OIL & GAS INDIA PRIVATE LIMITED (Upto Dec'19) 42 GE Operations Indonesia, PT 43 GE Packaged Power, L.P. 44 GE Power Australia Pty Ltd 45 GE Power Conversion India Private Limited 46 GE Power Estonia AS 47 GE Power GmbH 48 GE Power s.r.o. 49 GE Power Service Korea Ltd. 50 GE Power Services (India) Private Limited 51 GE Power Services (Malaysia) Sdn. Bhd. 52 GE Power Solutions (Malaysia) Sdn. Bhd. 53 GE Power Sp.z.o.o. 54 GE Power Sweden AB 55 GE Power Systems India Private Limited 56 GE Power Systems Korea Co., Ltd. 57 GE Renewable (Switzerland) GmbH 58 GE Renewable Energy Canada Inc. 59 GE Renewable Enerji Anonim Şirketi 60 GE Renewable Hydro Spain, S.L. 61 GE Renewable Malaysia Sdn. Bhd. 62 GE Renewable Technologies 63 GE Solutions W.L.L. 64 GE Steam Power, Inc. 65 GE Strongwish Automation & Controls Technology Development (Shenzhen) Co. Ltd. 66 GE T&D India Limited 67 GE WIND France SAS 68 General Electric (Switzerland) GmbH 69 General Electric Company 70 GENERAL ELECTRIC ENERGY UK LIMITED 71 General Electric Global Services GmbH 72 General Electric Global Services GmbH - Dubai 73 General Electric Global Services GmbH - Korea 74 General Electric International, Inc -Branch - SG 75 General Electric International, Inc. 76 General Electric International, Inc. - Branch - KU 77 General Electric International, Inc. - Branch - SA 78 General Electric Manufacturing Company - (GEMAC) - LTD. 79 General Electric Power Services Romania S.A. 80 General Electric Technology GmbH 81 GRID EQUIPMENTS PRIVATE LIMITED 82 GRID Solutions S.p.A. 83 Grid Solutions SAS 84 IGE Energy Services (UK) Limited 85 Intelligent Platforms, LLC 86 Limited Liability Company GE Renewable Rus 87 NTPC GE POWER SERVICES PRIVATE LIMITED 88 P.T. GE Nusantara Turbine Services 89 Prashant Chiranjive Jain 90 PT General Electric Power Solutions Indonesia 91 Sanjeev Aggarwal 92 Wipro GE Healthcare Private Limited 93 WUHAN BOILER COMPANY LTD 94 GE Vietnam Limited 95 ALSTOM Power Ltd 96 GE Support France 97 GE Digital International LLC 98 GE Digital Singapore Software Services Pte. Ltd. 99 GE International Mexico, S. de R.L. de C.V. 100 GE Infrastructure Hungary Holding Kft. Related Party disclosure for GE Power India Limited on a consolidated basis- Half year ended 31 March 2020: Amount in million Joint Venture under the common Immediate Fellow control of the key management Ultimate holding holding Sl. No. Nature of Transactions Subsidiaries Parent personnel company company Total 1 Revenue from operations 1,967.6 22.6 - 46.3 - 2,036.5 2 Other income 4.6 - - 29.6 - 34.3 3 Royalty and trade mark fee 78.7 - - 120.8 - 199.6 4 Remuneration - - 26.6 - - 26.6 5 Purchase of Services 245.3 - - - - 245.3 6 Purchase of Material and Components 920.8 - - - - 920.8 7 Provident fund 153.9 - - - - 153.9 8 Reimbursement of Expenses - Receipts 101.1 6.0 - - - 107.1 9 Reimbursement of Expenses - Payments- 2.9 - - - - - 2.9 10 Interest from inter corporate deposits 107.0 - - - - 107.0 11 Inter corporate deposits repaid to the company 5,700.0 - - - - 5,700.0 12 Inter corporate deposits given 3,200.0 - - - - 3,200.0 Balances oustanding with related parties as on 31 March 2020: Amount in million Joint Venture under the common Fellow control of the Ultimate holding Sl. No. Nature of Transactions Subsidiaries Parent company Total 1Advance given 97.4 - - 97.4 2Advance received 393.8 31.8 - 425.6 3Inter corporate deposits 550.0 - - 550.0 4Interest accrued but not due on ICD given 6.8 - - 6.8 5Trade Payables 2,449.1 - 385.6 2,834.6 6Trade Receivable 1,156.3 472.2 78.8 1,707.2 Transactions with its own subsidiaries are eliminated on consolidation.
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