MIRA INFORM REPORT

 

 

Report Date :

08.11.2011

 

IDENTIFICATION DETAILS

 

Name :

CENTRE FOR HIGH TECHNOLOGY

 

 

Registered Office :

OIDB Bhawan, Tower A, 9th Floor, Plot No. 2, Sector 73, Noida 201301, Uttar Pradesh

 

 

Country :

India

 

 

Date of Incorporation :

27.05.1987

 

 

Legal Form :

Government Owned Enterprises

 

 

Line of Business :

Works in the field of Petroleum Refining and Storage, Handling, and transportation of crude oil and Petroleum products and Gas.

 

 

RATING & COMMENTS

 

MIRA’s Rating :

A

 

RATING

STATUS

PROPOSED CREDIT LINE

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

Fairly Large

 

Status :

Good

 

 

Payment Behaviour :

Usually Correct

 

 

Litigation :

Clear

 

 

Comments :

Subject is an established satellite organization under administrative control of the Ministry of Petroleum and Natural Gas, Government of India. The organization works in the field of Petroleum Refining and Storage, Handling and Transportation of Crude Oil and Petroleum products and gas. Trade relations are reported as fair. Business is active. Payments are reported to be usually correct.

 

The organization can be considered normal for business dealings at usual trade terms and conditions.

 

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – September 30, 2011

 

Country Name

Previous Rating

(30.06.2011)

Current Rating

(30.09.2011)

India

A1

A1

 

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

LOCATIONS

 

Registered Office :

OIDB Bhawan, Tower A, 9th Floor, Plot No. 2, Sector 73, Noida 201301, Uttar Pradesh, India

Tel. No.:

91-120-2593780 / 2593772

Website :

www.cht.in

 


 

MANAGEMENT

 

MEMBER OF THE GOVERNING COUNCIL / GENERAL BODY OF CHT

 

Name :

Mr. G.C. Chaturvedi

Designation:

Secretary

 

 

Name :

P.K. Sinha

Designation:

Special Secretary and FA

 

 

Name :

Mr. L.N. Gupta

Designation:

Joint Secretary (Refineries)

 

 

Name :

Mr. Apurva Chandra,

Designation:

Joint Secretary (Marketing)

 

 

Name :

Mr. D.N. Narasimha Raju

Designation:

Joint Secretary (E)

 

 

Name :

Mr. Arun Kumar

Designation:

Secretary

 

 

Name :

Mr. R.S. Butola

Designation:

Chairman

 

 

Name :

Mr. S. Roy Choudhury

Designation:

Chairman and Managing Director

 

 

Name :

Mr. R.K. Singh

Designation:

Chairman and Managing Director

 

 

Name :

Mr. K. Balachandran

Designation:

Managing Director

 

 

Name :

Mr.  B.C. Tripathi

Designation:

Chairman and Managing Director

 

 

Name :

Mr. A.K. Purwaha

Designation:

Chairman and Managing Director

 

 

Name :

Mr. Dipak Chakravarty

Designation:

Managing Director

 

 

Name :

Mr. U.K. Basu

Designation:

Managing Director

 

 

Name :

Dr. M.O. Garg

Designation:

Director

 

 

Name :

Mr. B.D. Ghosh

Designation:

Executive Director, Member – Secretary, Governing Council

 

 

MEMBER ORGANISATION

 

Bharat Petroleum Corporation Limited

Chennai Petroleum Corporation Limited

Engineers India Limited

GAIL ( India) Limited

Hindustan Petroleum Corporation Limited

Indian Institute of Petroleum

Indian Oil Corporation Limited

Mangalore Refinery and Petrochemicals Limited

Numaligarh Refinery Limited

Oil Industry Development Board

ESSAR Oil Limited

 

 

BUSINESS DETAILS

 

Line of Business :

Works in the field of Petroleum Refining and Storage, Handling, and transportation of crude oil and Petroleum products and Gas.

 

 

CAPITAL STRUCTURE

 

Not Available

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

Not Available

 

 

LOCAL AGENCY FURTHER INFORMATION

 

Formation
The Government Technology Policy Statement and Declaration aiming at development of their own capabilities to attain technological competence and self reliance in strategic and critical areas needed the following for achieving excellence and progress in petroleum refining:

·         Create an environment for technological improvement and to identify areas / missions where technological improvements is needed

·         Establish Scientific Advisory Committees for interaction and firm linkages with RandD and Academic Institutions

·         Draw action plans for technology up-gradation through collaborative projects

·         Simplify procedures for according various clearances / approvals for mission status projects

·         Create Advance Technology Cells

·         Create a Central Technology Fund

 

 

Priority for pursuing the above decisions and objectives necessitated creation of a dedicated technology cell - Centre for High Technology by Ministry of Petroleum and Natural Gas on 27th May 1987.  

Functioning
CHT functions under the overall guidance and supervision of the Governing Council. The Governing Council is headed by the Secretary, Government of India, Ministry of Petroleum and Natural Gas (MoP and NG) as the Chairman and all Joint Secretaries and Advisers in the MoP and NG and Chief Executives of IOCL, BPCL, HPCL, CPCL, NRL, MRPL, GAIL, EIL, IIP, OIDB as members. The Executive Director of CHT is the Member Secretary of the Governing Council. The expenditure of CHT is funded through grants from OIDB.

 

MISSION

 

·         Assess futuristic technology requirement for acquisition, development and up-gradation.

·         Function as the executive wing of Ministry of Petroleum and Natural Gas to advise and implement the scientific and technological programmes for the oil Industry.

·         Assess the operational performance of the refineries and develop programmes in consultation with the industry for improvement.

·         Project proposal evaluation and appraisal.

·         Promote dissemination of information and develop a centralized pool of data and information in specific fields for use by the oil industry.

·         Coordinate and pursue the programmes of Scientific Advisory Committee on Hydrocarbons of MoPandNG and related Government bodies / agencies.

·         Participation in various Expert Committees.

 

 

 

ACTIVITIES OF CHT

 

1. Review of Physical Performance of Refineries for QPR meeting at MOP and NG:

CHT compiles quarterly data of all PSU refineries w.r.t following Physical Parameters for Quarterly Performance Review (QPR) meeting:

 

1. Energy Performance:
i. Specific Energy Consumption (MBTU/BBL/NRGF)
ii. Fuel and Loss (% wt. on crude)
iii. Hydrocarbon Loss (% wt. on crude)

 

2. Crude throughput and Capacity utilisation:
i. Quantity and type of crude processed
ii. Capacity utilisation of major process units based on ratio of UECC to ECC

 

3. Product Pattern:
i. LPG make
ii. Distillate yield (Light, Middle and Heavy)
iii. Production figures for major products like MS, HSD, LOBS, etc.

 

QPR Meetings for PSU refineries every quarter of 2007-is being held, wherein performance of the refineries for the quarter is compared vis-ŕ-vis previous quarter, and annual performance is compared with previous year. CHT prepares the consolidated report on the analysis of refineries performance and submitted to MOP and NG.

 

2. Integrated Refinery Business Improvement Program (IRBIP)

Integrated Refinery Business Improvement Programme (IRBIP) Phase-I is being executed at the 4 refineries by Shell GSI i.e.

BPCL Kochi,
IOCL Mathura,
CPCL Manali and
HPCL Visakh.

The Assessment Phase has been completed at all the 4 sites with the Approval of the Projects for Improvement (PFIs). Implementation of the approved Projects is going on with a target to complete the activity by mid 2010 except for Operation and Asset Management (OAM) PFIs that require refinery shutdown, which would go up-to end 2010.

3. Development of energy factor for new process units and Revalidation of factors for the existing units in refineries

The Energy Factors for new Process Units and revalidation of existing factors is one of the ongoing activities of CHT and is regularly carried out to enable realistic evaluation of energy performance of refineries.

CHT evaluate the energy performance of all the refineries after assigning suitable energy factors for their different process units on Annual Basis.

 

4. Coal to Liquid (CTL) Fuels Technology Development by EIL-R and D and BPCL-R and D

EIL (R and D) and BPCL (R and D) prepared the Coal to Liquid (CTL) project proposal and put it up for consideration of the SAC first during 62nd meeting in November 2007 and then the modified proposal during the 63rd meeting in April 2008.

The objective of this project was syn gas cleaning and development of FT process. Development of gasification technology is, however, not a part of this project.

MOU between CHT, BPCL (R and D) and EIL (R and D) has been signed in March 2009.

 

5. Participation in joint studies under the Asia-Pacific-Partnership (APP6) on “Carbon Capture and Storage and IGCC technology”

CHT had been part of the “Cleaner Fossil Energy” task force of APP6 on ‘Clean Development and Climate’ as the representative of MOP and NG. This task force has already identified 13 projects for development of appropriate / efficient technologies that would help in addressing world concern in minimising impact on climate while sustaining growth and energy security.

In view of critical emission concerns and stakes involved, CHT proposal for associating in the two identified APP6 projects viz. carbon capture and storage and IGCC technology on behalf of the country and coordinate with various oil companies, academic institutions, for joint participation is under progress.

Ministry of Power is the nodal agency for the above APP6 projects for which MOE and F has advised to take-up with them. In view of formalities involved, CHT proposes to join the activities under International Sustainable Energy Exchange (ISEE), International Fuel Quality Centre (IFQC) as well UNECE Committees on sustainable energy.

6. Performance Audit of Refineries

Need for evaluating Refinery performance in various areas like energy, operations, maintenance etc. were expressed during the Activity Committee Meetings of CHT.


In accordance with the above, CHT undertakes audit of PSU refineries. The modalities includes formation of Joint Performance Audit teams comprising members from oil companies and EIL under the convenor-ship of CHT; formulating methodology including development of data formats, data collection and validation, programme finalisation and audit.

 

7. REVIEW OF AUTO FUEL POLICY BY THE COMMITTEE CONSTITUTED BY MOPandNG:

As per the Auto Fuel Policy approved in October 2003, schedules for introduction of Euro-III equivalent norms in the entire country together with Euro-IV equivalent emission norms in the 11 major cities from 1st April 2010 are to be reviewed.

Accordingly, MOP and NG issued an Office Memorandum (O.M.) constituting a three member Committee with
Chairman, Scientific Advisory Committee (SAC) as the Chairman
Executive Director, CHT and
Executive Director, IOC-R and D
as members for review of Auto Fuel Policy.

As per the terms of reference, the review of Auto Fuel Policy targets for 1.04.2010 is to be based on the Source Apportionment studies undertaken by various agencies in six cities and monitored by Ministry of Environment and Forests (MOEF) and other relevant material. Further, CHT would act as the nodal agency to provide technical and secretarial services to the Committee and the Committee would submit its report within a period of six months.

The Committee met several times and interacted with various stakeholders from oil industry and Petrofed, Automobile Association (SIAM) as well as ARAI, Government agencies viz. CPCB, PPAC etc who provided invaluable inputs to the Committee.

Subsequently MOPandNG has expanded the mandate of the Committee to include LPG / CNG / H2-CNG as an auto fuel in its final report. The Committee will examine all aspects (inter-alia emission reduction, economics and roadmap considering the availability of gas in the country) of using LPG / CNG / H2-CNG as auto fuel.
The Committee had six meetings with all the stake holders’ viz. IOC (RandD), BPCL, HPCL, GAIL, PPAC, SIAM, ARAI, NEERI, CPCB, MOEandF, MOSRTandH. The final report is under preparation.

8. CHT Publications:

With a view to keep abreast with the latest developments / trends that are taking place worldwide in the field of Petroleum Refining, CHT publishes “Technology Scan” and “CHT Bulletin”.

Technology Scan:

This quarterly publication of CHT covers topics related to various areas of general interest to the petroleum industry. Various technical publications which are scanned and reference is made in this bulletins.

CHT Bulletin:

CHT is publishing the CHT bulletin on quarterly basis. It was started in September 2003 on monthly basis to bring out information on the activities of CHT, which also covers articles / news of interest to the petroleum industry. Publication of CHT technical journals was subsequently reviewed and it was decided that it would also be brought out on quarterly basis.

9. Technical support to MOP and NG

Review of Applications for Foreign Technology Collaboration:

CHT examines applications for Foreign Technology Collaboration, prepares the comments and sends to MOPandNG for further action.


Comments for Issuance of Essentiality Certificates for various Refinery and pipeline Projects:

As a part of extending technical support to MOPandNG, CHT issues essentiality certificates for import of various project items after examination of the proposal and comments / recommendations are being sent to MOPandNG for further action.

10. Scientific Advisory Committee (SAC) on Hydrocarbons

MoPandNG created Scientific Advisory Committee (SAC) on Hydrocarbons in 1981, to advise Govt. of India on policies to ensure optimum processing of Hydrocarbon raw material as Fuel and Chemical.

Objectives

         To examine and comprehensively deliberate RandD project proposals submitted by various RandD organizations / Academic institutions, for suitable recommendations to MOPandNG for funding by CHT/OIDB

         To play a supportive role for identifying and formulating long range technology plans and working out suitable mechanism for adoption of indigenous processes

         To support new ideas and changes for effecting improvements in Hydrocarbon industry.

 

SAC on Hydrocarbons is the only such Committee functioning without any break since its inception in 1981, out of the several SACs constituted by the Govt. of India in early 1980s under the various economic ministries.

CHT, in its capacity of technical support wing of MOP and NG, has been coordinating for :

           Functioning of SAC

           Obtaining approval of EC/GC of CHT for proposals recommended by SAC

           Arranging OIDB funds,

           Monitoring of Projects and Follow-up

 

SAC played crucial role in consolidation of R and D in Hydrocarbon Sector, for instance:

           Setting up of EIL – R and D Centre to support National Laboratories

           Modernization of research facilities and pilot plants at IIP

           Setting up in-house R and D Centres in CPCL and KRL

 

SAC and CHT, since their establishment, have contributed significantly in development of technologies for the hydrocarbon sector :

            Guided refineries to upgrade for production of petroleum products of
improved quality

           Value addition to improve refinery margin

           Measures to be adopted to meet the stringent environmental protection regulations

 

 

11. Hydrogen Corpus Fund (HCF)

 

Fromation
MoPandNG created a HCF with the contribution from OIDB and oil PSUs in June 2003.

Objectives:
1. Develop hydrogen as an alternative energy source through indigenisation of technology
2. Facilitate RandD activities
3. Synergies hydrogen development activities between Oil COs / Institutions
4. Facilitate training and capability building

Initial corpus of HCF:
1. Rs. 1000 millions with the contribution of
i. Rs.400 millions by OIDB
ii. Rs.160 millions each by IOC, ONGC and GAIL
iii. Rs.60 millions each by BPCL and HPCL

2. Fund will be managed by OIDB

Project Approval as per New Guidelines
New Guidelines issued in Jun 2009 to streamline procedure and approval for funding under HCF:

           CHT is the nodal agency for taking up H2 projects and related activities

           Scientific Advisory Committee (SAC) will act as Technical Committee for HCF

           All proposals under HCF will be received by CHT and put to SAC for approval

           Financial concurrence from OIDB to be obtained after recommendation of SAC

           Proposals recommended by SAC and concurred by OIDB, shall be placed before Steering Committee headed by Secretary, PandNG for approval.

 

Steering Committee:-

           Chairman : Secretary, P and NG

           Members

           Additional Secretary, P and NG

           AS / JS and Financial Advisor, MoP and NG

           Joint Secretary (Refineries), MoP and NG

           Secretary OIDB

           ED, CHT

           CEO of sponsoring company

           R and D heads of IOC, BPCL and HPCL

 

 

SCIENTIFIC ADVISORY COMMITTEE

 

Scientific Advisory Committee (SAC) on Hydrocarbons

MoP and NG created Scientific Advisory Committee (SAC) on Hydrocarbons in 1981, to advise Govt. of India on policies to ensure optimum processing of Hydrocarbon raw material as Fuel and Chemical.

 

Objectives

·      To examine and comprehensively deliberate RandD project proposals submitted by various RandD organizations / Academic institutions, for suitable recommendations to MOPandNG for funding by CHT/OIDB

·      To play a supportive role for identifying and formulating long range technology plans and working out suitable mechanism for adoption of indigenous processes

·      To support new ideas and changes for effecting improvements in Hydrocarbon industry.

 

SAC on Hydrocarbons is the only such Committee functioning without any break since its inception in 1981, out of the several SACs constituted by the Govt. of India in early 1980s under the various economic ministries.

CHT, in its capacity of technical support wing of MOP and NG, has been coordinating for :

·       Functioning of SAC

·       Obtaining approval of EC/GC of CHT for proposals recommended by SAC

·       Arranging OIDB funds,

·       Monitoring of Projects and Follow-up

 

SAC played crucial role in consolidation of RandD in Hydrocarbon Sector, for instance:

·       Setting up of EIL - R andD Centre to support National Laboratories

·       Modernization of research facilities and pilot plants at IIP

·       Setting up in-house R and D Centres in CPCL and KRL

 

SAC and CHT, since their establishment, have contributed significantly in development of technologies for the hydrocarbon sector :

·         Guided refineries to upgrade for production of petroleum products of improved quality

·         Value addition to improve refinery margin

·         Measures to be adopted to meet the stringent environmental protection regulations

 

 

R  AND  D PROJECTS

Centre For High Technology sponsors research projects in the field of Petroleum Refining, Gas Processing, Transportation, storage and handling of Crude Oil and Petroleum products.

The proposals received from R and D and academic institutions after review by Scientific Advisory Committee on Hydrocarbon of Ministry of Petroleum  and  Natural Gas are recommended to Advisory Committee of CHT. The proposals up to Rs 100 Lakhs recommended by Advisory Committee are approved by Executive Committee of CHT. The proposals above Rs 100 Lakhs are approved by the Governing Council of CHT.

 

REFINERIES  AND  PIPELINES - REFINERIES

As on 1st April 2010, there are 20 refineries in the country including PSUs  and  Private sectors. The present refining capacity in India is 185.398 MMTPA.

 

Installed Refining Capacity as on 01.04.2010

 

S.No.

Refinery

Capacity, MMTPA 

1.

IOCL Guwahati

1.000

2.

IOCL Barauni

6.000

3.

IOCL Gujarat

13.700

4.

IOCL Haldia

7.500

5.

IOCL Mathura

8.000

6.

IOCL Digboi

0.650

7.

IOCL Panipat

12.000

8.

IOCL Bongaigaon

2.350

9.

CPCL, Manali

9.500

10.

CPCL, CBR

1.000

11.

HPCL, Mumbai

6.500

12.

HPCL, Visakh

8.300

13.

BPCL, Mumbai

12.000

14.

BPCL, Kochi

9.500

15.

NRL, Numaligarh

3.000

16.

MRPL, Mangalore

11.820

17.

Tatipaka, ONGC

0.078

18.

RIL, Jamnagar

33.000

19.

RPL, Jamnagar

29.000

20.

Essar Oil, Jamnagar

10.500

Total

 

185.398

 

 

 

REFINERIES  AND  PIPELINES - PIPELINES

 

A)      DETAILS OF PRODUCT PIPELINES UNDER OPERATION (AS ON 30-09-2010)

 

S. N o.

Name of the Company

Pipeline Name

Length,
Km

Dia, inch

Capacity,
MMTPA

a)

Indian Oil

 

 

 

 

1.

 

Guwahati-Siliguri Pipeline

435

8

1.40

2.

 

Koyali-Ahmedabad Pipeline

116

8

1.10

3.

 

Koyali-Navagam Pipeline

78

14

1.80

4.

 

Koyali-Dahej Pipeline

103

14

2.60

5.

 

Koyali-Sanganer Pipeline

1056

18/10

4.10

6.

 

Barauni-Kanpur Pipeline

745

20/12

3.50

7.

 

Haldia-Mourigram Rajbandh Pipeline

277

12

1.35

8.

 

Haldia-Barauni Pipeline

525

12

1.25

9.

 

Mathura-Jalandhar Pipeline

763

16/14/12/10

3.70

10.

 

Mathura-Tundla Pipeline

56

16

1.20

11.

 

Panipat Rewari Pipeline

155

12

1.50

12.

 

Panipat Bhatinda Pipeline

219

14

1.50

13.

 

Digboi-Tinsukia Pipeline

75

8/6

1.00

14.

 

Chennai-Trichy-Madurai Pipeline

683

14/12

1.80

15.

 

Koyali-Ratlam Pipeline

265

16

2.00

16.

 

ATF pipeline to AFS Chennai

95

8

2.18

17.

 

ATF pipeline to BIAL

36

8

1.56

18.

 

Chennai-Bangalore Pipeline

290

14/12

1.45

19.

 

Mathura-Bharatpur Spur Pipeline

21

8

1.20

20.

 

Branch Pipeline to Hazira from Amod

94

12

0.85

21.

 

Bijwasan-Panipat Naphtha Pipeline

118

10/75

0.80

 

 

 

 

 

 

 

 

Total

6205

 

37.84

b)

HPCL

 

 

 

 

1.

 

Mumbai-Pune- Solapur Pipeline

508

14/12

3.67

2.

 

Visakh-Vijaywada-Secundrabad Pipeline

572

18/16/14

5.38

3.

 

Mundra-Delhi Pipeline

1054

18/16

5.00

 

 

Total

2134

 

14.05

c)

BPCL

 

 

 

 

1.

 

Mumbai-Manmad-Mangalya-Bijwasan Pipeline

1384

18/16/14/8

6.00

 

 

Total

1384

 

6.00

d)

Petronet

 

 

 

 

1.

 

Mangalore-Hassan-Bangalore Pipeline

362

24/20

5.60

2.

 

Cochin-Coimbatore-Karur Pipeline

292

14/12

2.00

 

 

Total

654

 

7.60

e)

Oil India Ltd.

 

 

 

 

1.

 

Numaligarh-Siliguri Pipeline

660

16

1.72

 

 

Total

660

 

1.72

 

 

Total 28 Nos. of Product Pipelines are in operation

11037

 

67.21

 

 

B)      DETAILS OF CRUDE OIL PIPELINES UNDER OPERATION (As on 30.09.2010):

 

S. No.

Name of the Company

Pipeline Name

Length,
Km

Dia,
inch

Capacity,
MMTPA

a)

Indian Oil

 

 

 

 

1.

 

Salaya-Mathura Pipeline

1870

42/28/24

21.00

2.

 

Haldia-Barauni Crude Pipeline

943

18

7.50

3.

 

Mundra-Panipat Crude oil Pipeline

1174

28/22

6.00

4.

 

Paradip-Haldia Pipelines

330

48/30

11.00

5.

 

Augmentation of Mundra-Panipat Pipeline.

20

22

3.00

 

 

Total

4337

 

48.50

b)

Oil India Limited

 

 

 

 

1.

 

Duliajan-Barauni Crude oil trunk Pipeline

1417

16/14

3.75

2.

 

Feeder lines

61

8/10/12/16

3.50

 

 

Total

1478

 

7.25

c)

BPCL

 

 

 

 

1.

 

Vadinar-Bina Pipeline

935

24

6.00

 

 

Total

935

 

6.00

 

 

Total 8 Nos. of crude oil pipelines are in operation

6730

 

58.75

 

C)      DETAILS OF LPG PIPELINES IN OPERATION (As on 30.09.2010):

 

S. No.

Name of the Company

Pipeline Name

Length
(Km)

Dia
(inch)

Capacity
(MMTPA)

a)

GAIL

 

 

 

 

1.

 

GAIL LPG Pipeline Network

1922

-

3.80

 

 

Total`

1922

-

3.80

b)

Indian Oil

 

 

 

 

1.

 

Panipat-Jalandhar Pipeline

275

10

0.70

 

 

Total

275

 

0.70

 

 

Total 2 LPG pipelines are in operation

2197

 

4.50

 

 

 

Name of Officer

Designation

Address

Mobile No.:

Telephone No.

Email ID

 

 

 

 

 

 

 B.D. Ghosh

Executive Director

510, Sharad Kunj, Plot No. C-58/18, Sec.-62, Noida 201301, Uttar Pradesh, India 

91- 9810602107

91-120-2593701 / 2593717

 

bdghosh@cht.in

P Massey Subhash Kumar

 

ES to ED

E 2 / 61-62, Sec. 16, Pohini, Delhi 110089, India

91-9810718823

91-11-2593702

pmassey@cht.in

R Krishnamurthy

Director

505, Sharad Kunj, Plot No. C 58/18, Sec 62, Noida 201301, Uttar Pradesh, India

91-9971201155

91-120-2593703

 

rkrishnamurthy@cht.in

Subhash Kumar

 

PS

240-C, Pocket-A, Mayur Vihar, Ph.-II, Delhi - 110 092, India

91-9818836759

91-11-2593725

subhashkumar@cht.in

O.P. Raghav

Director

K-6, Lavanya Appt. C-58/9, Sec.-62. Noida-201301, Uttar Pradesh, India

91-9650843470

91-120-2593704

raghavop@cht.in

S.K. Shukla

 

Additional Director

303, Sharad Kunj,

Plot No. C-58/18, Sec.-62

Noida-201301 Uttar Pradesh, India

91-9810547876

91-120-2593721

skshukla@cht.in

Rakesh Narula

 

Additional Director

Flat No. 708,

Prangan Society, B-9/10,

Sec.-62, Noida-201301 Uttar Pradesh, India

91-9350216776

91-120-2593715

rakeshnarula@cht.in

S.C. Das

 

Additional Director

Flat No. A-110, 2nd Floor, Ashoka Enclave, Part-2, Sec.-37, Faridabad-121003, Haryana, India

91-9868259019

 

scdas@cht.in

A.S. Pathak

Additional Director

1612, H.B. Colony, Sec.-10A, Gurgaon-122001, Delhi, India

91-9811601612

91-124-2593709

aspathak@cht.in

Jagadish Singh

 

Additional Director

Flat No. E-305, IOC Appt. Plot No. C-58/23, Sec.62, Noida-201301 Uttar Pradesh, India

91-9654269223

91-120-2593718

singhi@cht.in

K.K. Majumdar

 

Additional Director

DJA Appts. Flat No. 526, Plot No. 1A, Sec.-13, Dwarka New Delhi-110078, India

91-9818909424

91-11-2593724

maiumdarkk@cht.in

C.S.S. Narayana

 

Additional Director

Flat No. B-407,

Anand Lok Society,

Mayur Vihar, Ph.-I, Delhi-91, India

91-9968254942

91-11-2593706

cssnarayana@cht.in

Subhasish Bose

 

Joint Director (Admn.)

A-703, Exotica Appts E-08, Sec.-50, Noida - 201 307 Uttar Pradesh, India

91-9810379880

91-120-2593716

subhasishbose@cht.in

Sunil Chaudhary

 

Joint Director

C2/502, BPCL Housing Complex, Sec.-56, Noida - 201 301 Uttar Pradesh, India

91-9868851472

91-120-2593708

chaudharys@cht.in

S. Halder

Joint Director

C2/503, BPCL Housing Complex, Sec.-56, Noida - 201 301 Uttar Pradesh, India

91-9871460527

91-120-2593707

shalder@cht.in

V.K. Suri

 

Joint Director (Finance)

4 BD, Gayathri Appts Sec.-9, Rohini Delhi-110085, India

91-9910168468

91-11-2593719

surivk@cht.in

J.D. Dange

 

Joint Director

1006, Govardhan Towers Kaushambi Ghaziabad - 201 010 Uttar Pradesh, India

91-9868119833

91-120-2593710

jddange@cht.in

Rakesh Kumar

 

Dy. Director (Finance)

152, Masjid Lane, Bhogal Jangpura, New Delhi - 110 014, India

91-9560084740

91-11-2593720

rakeshgupta@cht.in

Alok Tripathi

Asst. Director

C2/201, BPCL Housing Complex, Sec.-56, Noida - 201 301 Uttar Pradesh, India

91-9999280655

91-120-2593711

alokt@cht.in

G.R. Saini

Sr. Supttdd.

B-107, Near Ganga Chowk, Raj Nagar-I, Palam Colony New Delhi-110045, India

91-9958599469

91-11-2593727

 

Dharam Pal

Sr. Assistant

F-145, Sec.-20, Noida - 201 301 Uttar Pradesh, India

91-9873406656

91-120-2593726

dpal@cht.in

Mrs. G. A. Valli

 

Liaision Assistant

17G/402, Vasundhara, Ghaziabad - 201 012. Uttar Pradesh, India

91-9968099748

91-120-2593728

gavalli@cht.in

O.P. Kanojia

Hindi Consultant

B-69, DDA Flats, Kalkaji, New Delhi – 19, India

 

91-11-2593729

 

 

 

 


CMT REPORT (Corruption, Money Laundering & Terrorism]

 

The Public Notice information has been collected from various sources including but not limited to: The Courts, India Prisons Service, Interpol, etc.

 

1]         INFORMATION ON DESIGNATED PARTY

No exist designating subject or any of its beneficial owners, controlling shareholders or senior officers as terrorist or terrorist organization or whom notice had been received that all financial transactions involving their assets have been blocked or convicted, found guilty or against whom a judgement or order had been entered in a proceedings for violating money-laundering, anti-corruption or bribery or international economic or anti-terrorism sanction laws or whose assets were seized, blocked, frozen or ordered forfeited for violation of money laundering or international anti-terrorism laws.

 

2]         Court Declaration :

No records exist to suggest that subject is or was the subject of any formal or informal allegations, prosecutions or other official proceeding for making any prohibited payments or other improper payments to government officials for engaging in prohibited transactions or with designated parties.

 

3]         Asset Declaration :

No records exist to suggest that the property or assets of the subject are derived from criminal conduct or a prohibited transaction.

 

4]         Record on Financial Crime :

            Charges or conviction registered against subject:                                                              None

 

5]         Records on Violation of Anti-Corruption Laws :

            Charges or investigation registered against subject:                                                          None

 

6]         Records on Int’l Anti-Money Laundering Laws/Standards :

            Charges or investigation registered against subject:                                                          None

 

7]         Criminal Records

No available information exist that suggest that subject or any of its principals have been formally charged or convicted by a competent governmental authority for any financial crime or under any formal investigation by a competent government authority for any violation of anti-corruption laws or international anti-money laundering laws or standard.

 

8]         Affiliation with Government :

No record exists to suggest that any director or indirect owners, controlling shareholders, director, officer or employee of the company is a government official or a family member or close business associate of a Government official.

 

9]         Compensation Package :

Our market survey revealed that the amount of compensation sought by the subject is fair and reasonable and comparable to compensation paid to others for similar services.

 

10]        Press Report :

            No press reports / filings exists on the subject.

 


 

CORPORATE GOVERNANCE

 

MIRA INFORM as part of its Due Diligence do provide comments on Corporate Governance to identify management and governance. These factors often have been predictive and in some cases have created vulnerabilities to credit deterioration.

 

Our Governance Assessment focuses principally on the interactions between a company’s management, its Board of Directors, Shareholders and other financial stakeholders.

 

 

CONTRAVENTION

 

Subject is not known to have contravened any existing local laws, regulations or policies that prohibit, restrict or otherwise affect the terms and conditions that could be included in the agreement with the subject.

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.49.08

UK Pound

1

Rs.78.65

Euro

1

Rs.67.79

 


 

 

RATING EXPLANATIONS

 

 

RATING

STATUS

 

 

PROPOSED CREDIT LINE

>86

Aaa

Possesses an extremely sound financial base with the strongest capability for timely payment of interest and principal sums

 

Unlimited

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

 

Large

56-70

A

Financial & operational base are regarded healthy. General unfavourable factors will not cause fatal effect. Satisfactory capability for payment of interest and principal sums

 

Fairly Large

41-55

Ba

Overall operation is considered normal. Capable to meet normal commitments.

 

Satisfactory

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

 

Small

11-25

Ca

Adverse factors are apparent. Repayment of interest and principal sums in default or expected to be in default upon maturity

 

Limited with full security

<10

C

Absolute credit risk exists. Caution needed to be exercised

 

 

Credit not recommended

-

NB

                                       New Business

 

-

 

 

 

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.