MIRA INFORM REPORT

 

 

Report Date :

18.10.2011

 

IDENTIFICATION DETAILS

 

Name :

CENTRAL WATER COMMISSION

 

 

Registered Office :

618 (S) Sewa Bhawan, RK Puram, New Delhi-110606

 

 

Country :

India

 

 

Financials (as on) :

Not Available

 

 

Date of Incorporation :

05.04.1945

 

 

Capital Investment / Paid-up Capital :

Not Available

 

 

Legal Form :

Government of India Organization

 

 

Line of Business :

Control, Conservation and Utilization of Water Resource in the Respective State.

 

 

No. of Employees :

Not Available

 

 

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 :

Regular

 

 

Litigation :

Clear

 

 

Comments :

Subject is a well established organization under the control of Ministry of Water Resources, Government of India.

 

The organization is responsible for the control, conservation and utilization of water resource in the respective state of the purpose of flood management, irrigation, drinking water supply and water power generation. Trade relations are reported as fair. Payments are reported to be usually correct and as per commitments.

 

Subject being a Government of India 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 :

618 (S) Sewa Bhawan, RK Puram, New Delhi-110606, India

Tel. No.:

91-11-26108889/26103333

Fax No.:

91-11-26195516

Email:

cmanoff@nic.in

grievance-cwc@nic.in

 

 

MANAGEMENT TEAM

 

Name :

Mr. R C Jha

Designation :

Chairman

Address:

315, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. A.K. Ganju

Designation :

Member in Designs and Research

Address:

401, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. S.P. Kakran

Designation :

Member in River Management

Address:

212, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. M.E. Haque

Designation :

Member in Water Planning and Project

Address:

201, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. S.K.S. Pandit

Designation :

Chief Engineer (Human Resource Management)

Address:

314, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

DESIGN AND RESEARCH WING:

Name :

Mr. C.S. Mathur

Designation :

Chief Engineer (N and W)

Address:

428, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. U.K. Ghosh

Designation :

Chief Engineer (NW and S)

Address:

West Block II, RK Puram, New Delhi-110606, India

 

 

Name :

Mr. N.K. Mathur

Designation :

Chief Engineer (E and NE)

Address:

901, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. C.S. Mathur

Designation :

Chief Engineer (Dam Safety Organization)

Address:

612, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. N.K. Mathur

Designation :

Chief Engineer (HSO)

Address:

612, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. D.P. Singh

Designation :

Chief Engineer (Narmada Basin)

Address:

West Block II, RK Puram, New Delhi-110606, India

 

 

Name :

Mr. D.P. Singh (Vacant)

Designation :

Chief Engineer (NBO, Bhopal)

Address:

Block 3, G Floor, Paryavas Bhavan, Mother Teresa Marg, Area Hills, Bhopal-462011, Madhya Pradesh, India

 

 

WATER PLANNING AND PROJECTS WING:

Name :

Mr. V.K. Chawal

Designation :

Chief Engineers (IMO)

Address:

228, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. Shankar Mahto

Designation :

Chief Engineer (BP and MO)

Address:

Wet Block II, RK Puram, New Delhi-110606, India

 

 

Name :

Mr. W.M. Tembhurney

Designation :

Chief Engineer (EMO)

Address:

613, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. S.K. Srivastava

Designation :

Chief Engineer (PAO)

Address:

510, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. L.A.V. Nathan

Designation :

Chief Engineer (PMO)

Address:

510, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. N.J. Singh

Designation :

Chief Engineer (CMO)

Address:

214, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. B.G. Kaushik

Designation :

Chief Engineer (PPO)

Address:

801, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. R.S. Ram

Designation :

Chief Engineer (PO and MIO)

Address:

New Delhi-110606, India

 

 

Name :

Mr. D.B. Mondal

Designation :

Advisor, ISO

Address:

413, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. K.S. Jacob

Designation :

Chief Engineer (Mon (S), Bangalore)

Address:

Jalasudha, Near HMT (PM Division), HMT PO, Bangalore-560013, Karnataka, India

 

 

RIVER MANAGEMENT WING:

Name :

Mr. Rajesh Kumar (Vacant)

Designation :

Chief Engineer (FMO)

Address:

801, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. Rajesh Kumar

Designation :

Chief Engineer (P and D)

Address:

815, Sewa Bhavan (S), RK Puram, New Delhi-110606, India

 

 

Name :

Mr. C.K. Agarawal

Designation :

Chief Engineer (B and BBO, Shillong)

Address:

Rebekka Ville, Lower Lachumiere, Temple Road, Near Barik Point, Shillong-793001, Meghalaya, India

 

 

Name :

Mr. A. Mahendran

Designation :

Chief Engineer (C and SR, Coimbatore)

Address:

Sangamam, Gandhimanagar, Peelametu PO, Coimbatore-641004, Tamilnadu, India

 

 

Name :

Mr. Vinay Kumar

Designation :

Chief Engineer (IBO, Chandigarh)

Address:

Block IV, 6th Floor, Kendriya Sadan, Sector 9-A, Chandigarh-160017, India

 

 

Name :

Mr. V.N. Wakpanjar

Designation :

Chief Engineer, (KGB, Hyderabad)

Address:

H No. 5-9-201/ B and B1, Chirag Ali Lane, PB No. 324, Hyderabad-500001, Andhra Pradesh, India

 

 

Name :

Mr. Kashindra Yadav (Vacant)

Designation :

Chief Engineer (LGB, Patna)

Address:

177-B, Srikirishnapuri, Patna-800001, Bihar, India

 

 

Name :

Mr. Ram Saran

Designation :

Chief Engineer (M and ER, Bhubaneshwar)

Address:

Plot No. 13-14, Mahanadi Bhavan, Bhoi Nagar, Bhubaneshwar-751002, Orissa, India

 

 

Name :

Mr. A.M. Patil

Designation :

Chief Engineer, (Mon (C), Nagpur)

Address:

CGO Complex, Block C, 3rd Floor, Seminary Hills, Nagpur-440006, Maharashtra, India

 

 

Name :

Mr. R.B. Walimbe

Designation :

Chief Engineer (NTB, Gandhinagar)

Address:

Narmada-Tapi Bhavan, 1st Floor, Sector 10-A, Gandhinagar-382010, Gujarat, India

 

 

Name :

Mr. Bhagat Singh

Designation :

Chief Engineer (TB, Siliguri)

Address:

Sevoke Road, 2nd Mile, Siliguri-734401, West Bengal, India

 

 

Name :

Mr. Kashindra Yadav

Designation :

Chief Engineer (UGB, Lucknow)

Address:

Jahnavi Sadan, 21/7496, Indira Nagar, Lucknow-226024, Uttar Pradesh, India

 

 

Name :

Mr. M.K. Sinha

Designation :

Chief Engineer (YBO, New Delhi)

Address:

Kalindi Bhavan, B-5, Tara Crescent Road, Qutub Institutional Area, New Delhi-110016, India

 

 

NATIONAL WATER ACADEMY:

Name :

Mr. C.M. Pandit

Designation :

Chief Engineer (NWA, Pune)

Address:

National Water Academy, Pune-Singgarh Road, PO-Khadakwasla R S Pune-411024, Maharashtra, India

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

Not Available

 

 

BUSINESS DETAILS

 

Line of Business :

Control, Conservation and Utilization of Water Resource in the Respective State.

 

 

GENERAL INFORMATION

 

Bankers :

Not Available

 

 

 

Banking Relations :

--

 

 

Auditors :

 

Name :

Not Available

 

 

CAPITAL STRUCTURE

 

Not Available

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

Not Available

 

 

LOCAL AGENCY FURTHER INFORMATION

 

MAJOR ACTIVITIES OF SUBJECT

 

SUBJECT  is charged with the general responsibility of initiating, coordinating and furthering in consultation with the State Governments concerned, schemes for the control, conservation and utilization of water resources in the respective state for the purpose of flood management, irrigation, navigation, drinking water supply and water power generation. The Commission, if so required, can undertake the construction and execution of any such scheme. In exercise of the above responsibilities following are the broad main functions of Subject:

 

 

1. To undertake necessary surveys and investigations as and when so required, to prepare designs and schemes for the development of river valleys in respect of power generation, irrigation by gravity flow or lift, flood management, environmental management, rehabilitation and resettlement, soil conservation, anti-water logging measures, reclamation of alkaline and saline soils, drainage and for drinking water supply;

 

2. To undertake construction work of any river valley development scheme on behalf of the Government of India or State Government concerned;

 

3. To advise and assist, when so required, the State Governments (Commissions, Corporations or Boards that are set up) in the investigation, surveys and preparation of river valley and power development schemes for particular areas and regions;

 

4. To advise the Government of India in respect of Water Resources Development, regarding rights and disputes between different States which affect any scheme for the conservation and utilization and any matter that may be referred to the Commission in connection with river valley development;

 

5. To advise the Government of India and the concerned State Governments on the basin-wise development of water resources;

 

6. To advise the Government of India with regard to all matters relating to the Inter-State water disputes;

 

7. To collect, coordinate the collection of, publish and analyse the data relating to tidal rivers, rainfall, runoff and temperature, silting of reservoirs, behaviour of hydraulic structures, environmental aspects etc. and to act as the Central Bureau of Information in respect of these matters;

 

8. To collect, maintain and publish statistical data relating to water resources and its utilization including quality of water throughout India and to act as the Central Bureau of Information relating to water resources;

 

9. To initiate schemes and arrange for the training of Indian Engineers in India and abroad in all aspects of river valley development;

 

10. To standardize instruments, methods of observation and record, materials for construction, design and operation of irrigation projects;

 

11. To initiate studies on socio-agro-economic and ecological aspects of  irrigation projects for the sustained development of irrigation;

 

12. To conduct and coordinate research on the various aspects of river valley development schemes such as flood management, irrigation, navigation, water power development etc., and the connected structural and design features;

 

13. To promote modern data collection techniques such as remote sensing technology for water resources development and river forecasting and development of computer softwares;

 

14. To conduct studies on dam safety aspects for the existing and future dams and standardize the instruments for dam safety measures;

 

15. To initiate morphological studies to visualise river behaviour, bank erosion/coastal erosion problems and advise the Central and State Governments on all such matters;

 

16. To conduct experiments, research and to carry out such other activities as will promote economic and optimum utilization of water resources; and

 

17. To promote and create mass awareness in the progress and achievement made by the country in the water resources development, use and conservation.

 

 

HIGHLIGHTS OF THE YEAR 2009 -10

 

DESIGNS:

 

Design units of Subject undertook detailed designs and drawings of various types of hydraulic structures for 101 water resources development projects. DPR’s of 71 projects submitted by various State Governments and other agencies were technically examined in D and R wing during 2009-10.

 

 

RIVER MANAGEMENT:

 

·         Carried out Hydrological Observations at 878 sites spread over the country.

 

·         Operated 175 flood forecasting stations (including 28 inflow forecasting sites) spread over 9 major river basins. During the flood season 2009, 3991 flood forecasts were issued out of which 3906 (97.87 %) were within prescribed limits of accuracy. Daily flood bulletins and weekly flood news letters were issued during the flood season. 23 Red Bulletins (for Unprecedented Flood Situation) and 31 Orange Bulletins (for High Flood Situation) were issued.

 

·         Completed installation of satellite based telemetry system at 165 stations upto March, 2010 in addition to existing 55 stations in Chambal and Mahanadi Basins.

 

·         Provided assistance to Royal Government of Bhutan for maintenance of 35 Hydro meteorological sites in Bhutan.

 

·         58 Flood Management Schemes/Master Plans for Flood Control were examined/ appraised during the year 2009-10 upto March, 2010.

 

·         Processed 110 flood management schemes for release of funds to Government of J and K, Goa, Punjab and Orissa during 2008-09 under “Flood Management Programme”.

 

WATER PLANNING:

 

·         68 new major irrigation projects, 43 revised major irrigation projects, 58 new medium irrigation projects and 24 Hydroelectric power schemes were under appraisal in Subject. 27 projects comprising 9 major, 7 medium irrigation projects and 11 flood control projects were accepted for investment clearance by the Advisory Committee.

 

·         Monitored 95 Major, Medium and Extension/Renovation/Modernization (ERM), irrigation projects receiving CLA under AIBP and 134 CAD projects.

 

·         81 important reservoirs with total live storage of 151.77 BCM were monitored on weekly basis.

 

·         Examination of proposals for Major and Medium Irrigation Projects for release of Rs.55286.260 millions of Central grant under AIBP programme.

 

·         Provided technical assistance to MoWR in respect of the inter-State water disputes such as Cauvery Water Disputes, Mandovi Water Disputes, Krishna Water Disputes and the Ravi-Beas Water Disputes.

 

HRM:

 

·         104 in service officers were sponsored for training, attending seminars/ workshops, etc. within the country and 19 officers participated in various programmes abroad. NWA, Pune conducted 37 training programmes including Workshop/Seminar for 954 officers of Central / State Governments and Public sector undertakings.

 

 

History of Subject

 

Subject an apex organization in the country in the field of Water Resources came into existence as “Central Waterways, Irrigation and Navigation Commission” vide Department of Labour Resolution No. DW 101(2) dated 5.4.1945. In the year 1951, it was renamed as “Central Water and Power Commission” (CW and PC) after its merger with the “Central Electricity Commission”. Following the changes in the Ministry of Agriculture and Irrigation, in the year 1974, water wing of CW and PC was separated as “Central Water Commission”, which continues till date. At present Central Water Commission functions as an “Attached Office” of the Ministry of Water Resources and is its main technical arm. It is manned by the Central Water Engineering Services (CWES) cadre, the only organized service of the Ministry of Water Resources.

 

Organization

 

Subject is headed by a Chairman, with the status of Ex-Officio Secretary to the Government of India. The work of the Commission is divided among 3 wings namely, Designs and Research Wing (D and R), Water Planning and Projects Wing (WP and P) and River Management Wing (RM). Allied functions are grouped under respective wings and each wing is placed under the charge of a full-time Member with the status of Ex-Officio Additional Secretary to the Government of India. Each wing comprising of a number of Organizations is responsible for the disposal of tasks and duties falling within the scope of functions assigned to it. In the discharge of these responsibilities, officers of the rank of Chief Engineer, Director/Superintending Engineer, Deputy Director/Executive Engineer, Assistant Director/Assistant Executive Engineer and other Engineering and Non-Engineering officers and supporting staff working in various regional and headquarter organizations, assist the Members. There is a separate Human Resources Management Unit headed by a Chief Engineer, to deal with Human Resources Management/ Development, Financial Management, Training and Administrative matters of the Central Water Commission. National Water Academy located at Pune is responsible for training of Central and State in-service engineers and functions directly under the guidance of Chairman.

 

Broad functional areas of Chairman and Members are:-

 

Chairman

 

Head of the Organization – Responsible for overseeing the various activities related to overall planning and development of surface water resources of the country and management of the Commission as a whole.

 

Member (Water Planning and Projects)

 

Responsible for overall planning and development of river basins, national perspective plan for water resources development in accordance with the National Water Policy, techno-economic appraisal of Water Resources Projects and assistance to the States in the formulation and implementation of projects, monitoring of selected projects for identification of bottlenecks to achieve the targeted benefits, preparation of project reports for seeking international assistance, environmental aspects, issues related to construction machinery of projects, application of remote sensing technologies in water resources, etc.

 

Member (Designs and Research)

 

Responsible for providing guidance and support in planning, feasibility studies, standardization and designs of river valley projects in the country, safety aspects of major and medium dams, hydrological studies for the projects, coordination of research activities, etc.

 

Member (River Management)

 

Responsible for providing technical guidance in matters relating to river morphology, flood management, techno-economic evaluation of flood management schemes, collection of hydrological and hydro-meteorological data, formulation of flood forecast on all major flood prone rivers and inflow forecasts for selected important reservoirs, investigation of irrigation / hydroelectric / multipurpose projects, monitoring of major and medium projects with regard to Command Area Development, etc.

 

Broad Functions

 

SUBJECT  is charged with the general responsibility of initiating, coordinating and furthering in consultation with the State Governments concerned, schemes for the control, conservation and utilization of water resources in the respective State for the purpose of flood management, irrigation, drinking water supply and water power generation. The Commission, if so required, can undertake the construction and execution of any such scheme.

 

In exercise of the above responsibilities following are the main functions of Subject:

 

·         To carry out Techno-economic appraisal of Irrigation, flood control and multipurpose projects proposed by the State Governments.

 

·         To collect, compile, publish and analyse the hydrological and hydro-meteorological data relating to major rivers in the country, consisting of rainfall, runoff and temperature, etc. and to act as the central bureau of information in respect of these matters;

 

·         To standardize instruments, methods of observation and record, for hydrological data collection;

 

·         To collect, maintain and publish statistical data relating to water resources and its utilization including quality of water throughout India and to act as the central bureau of information relating to water resources;

 

·         To provide flood forecasting services to all major flood prone inter-state river basins of India through a network of 175 flood forecasting stations.

 

·         Monitoring of selected major and medium irrigation projects, to ensure the achievement of physical and financial targets. Monitoring of projects under Accelerated Irrigation Benefit Programme (AIBP), and Command Area Development (CAD) programme has also been included in its field of activities;

 

·         To advise the Government of India and the concerned State Governments on the basinwise development of water resources;

 

·         To undertake necessary surveys and investigations as and when so required, to prepare designs and schemes for the development of river valleys in respect of power generation, irrigation by gravity flow or lift, flood management and erosion control, antiwater logging measures, drainage and drinking water supply;

 

·         To undertake construction work of any river valley development scheme on behalf of the Government of India or State Government concerned

 

·         To advise and assist, when so required, the State Governments (Commissions, Corporations or Boards that are set up) in the investigation, surveys and preparation of river valley and power development schemes for particular areas and regions;

 

·         To advise the Government of India in respect of Water Resources Development, regarding rights and disputes between different States which affect any scheme for the conservation and utilization and any matter that may be referred to the Commission in connection with river valley development; To impart training to in-service engineers from Central and State Organizations in various aspects of water resource development;

 

·         To initiate studies on socio-agro-economic and ecological aspects of irrigation projects for the sustained development of irrigation;

 

·         To conduct and coordinate research on the various aspects of river valley development schemes such as flood management, irrigation, navigation, water power development, etc., and the connected structural and design features;

 

·         To promote modern data collection techniques such as remote sensing technology for water resources development, flood forecasting and development of related computer software;

 

·         To conduct studies on dam safety aspects for the existing dams and standardize related instrumentation for dam safety measures;

 

·         To carry out morphological studies to assess river behaviour, bank erosion/coastal erosion problems and advise the Central and State Governments on all such matters;

 

·         To promote and create mass awareness regarding the progress and achievements made by the country in the water resources development, use and conservation.

 

Headquarters

 

There are eighteen organisations, each headed by a Chief Engineer at Subject headquarters, New Delhi. Out of which, nine organisations are under WP and P wing, six organisations are under D and R wing and two organisations are under RM wing. In addition, Human Resources Management (HRM) Unit headed by Chief Engineer (HRM) is also located at headquarters. The details of the organisations are given in the organogram.

 

Regional Offices

 

In order to achieve better results in the Water Resources Sector and have better coordination with the State Government departments, Subject has established regional offices in the major river basins. It has 13 regional offices, each headed by a Chief Engineer. The offices are located at Bangalore, Bhopal, Bhubaneswar, Chandigarh, Coimbatore, Delhi, Gandhi Nagar, Hyderabad, Lucknow, Nagpur, Patna, Shillong, and Siliguri.

 

Introduction

 

The three major river systems of India namely Ganga, Brahmaputra and Indus cross international borders. The Ministry of Water Resources is responsible for strengthening international cooperation on matters relating to these rivers by way of negotiations with neighbouring countries in regard to river waters, water resources development projects and operation of international treaties relating to water.

 

Cooperation between India and Nepal

 

Most of the rivers, which cause floods in the States of UP and Bihar originate from Nepal. These rivers are Ghaghra, Sarda, Rapti, Gandak, Burhi Gandak, Bagmati, Kamla, Kosi and Mahananda. In order to make flood forecasting and advance warning in the flood plains of the above rivers, a scheme namely, "Flood Forecasting and Warning system on rivers common to India and Nepal" which includes 42 meteorological / hydrometric sites in Nepal and 18 hydrological sites in India has been in operation since 1989. The data collected is helpful for formulating the flood forecasts and issue of warnings in the lower catchment. The scheme is being reviewed regularly from time to time.

 

With a view to discussing important issues pertaining to cooperation in the field of Water Resources, including implementation of existing agreements and understanding, a Nepal – India Joint Committee on Water Resources (JCWR) headed by Water Resource Secretaries of both countries has been functioning with the mandate to act as an Umbrella Committee for all committees and groups. During the first meeting of Nepal-India committee on water resources held on October 1-3rd 2000, a committee on flood forecasting (CFF) has been set up to review the existing flood forecasting system and to prepare a comprehensive flood forecasting master plan.

 

In order to prevent spilling of flood waters from Lalbekeya, Bagmati, Khando and Kamla rivers from Nepal side into Bihar, India and Nepal have agreed to extend the embankments along these rivers. Financing of works in Nepal is done through MEA and on the Indian side, through MOWR. In this connection, a Standing Committee on Embankment Construction (SCEC) has been constituted which is responsible for planning, design and construction of these embankments.

 

A Treaty on Integrated Development of Mahakali (Sharda) River including Sharda Barrage, Tanakpur Barrage and Pancheshwar Multipurpose Project was signed between Government of India and Government of Nepal in February 1996, which came into force in June, 1997 (Mahakali Treaty). The Treaty is valid for a period of 75 years.

 

Pancheshwar Multipurpose Project

 

Pancheshwar Multipurpose Project is the Central piece of Mahakali Treaty. Required field investigations for the Pancheshwar Multipurpose Project having an installed capacity of 5600 MW at Pancheshwar with irrigation and incidental flood control benefits and a re-regulating structure to primarily meet irrigation requirements downstream in Uttar Pradesh, have been completed. The Detailed Project Report (DPR) is to be finalized after mutually resolving the pending issues.

 

The matter was reviewed in the 3rd meeting of JCWR and current status of discussions on the issues related to location of re-regulating dam, unit size and installed capacity of power plant, assessment of project benefits in terms of irrigation and power to India and Nepal and sharing of the project costs was discussed. It was also decided to set up Pancheshwar Develoment Authority (PDA) at the earliest in accordance with Article 10 of Mahakali Treaty.

 

During the 5th meeting of JCWR held on 20-22 November, 2009 at Pokhara, Nepal, the Committee finalized the TOR of Pancheshwar Development Authority (PDA) and discussed several issues pertaining to PDA. The Indian side again reiterated its request to the Nepalese side to provide sufficient security arrangements at all sites, so that the investigations may be resumed immediately.

 

Cooperation between India and China

 

Provision of Hydrological Information of river Yaluzangbo/ Brahmaputrra by China to India –In 2002, the Government of India had entered into an MOU with China for sharing of hydrological information on Yaluzangbu / Brahmaputra River. In accordance with the provisions contained in the MOU, the Chinese side is providing hydrological information (Water level, discharge and rainfall) in respect of three stations, namely Nugesha, Yangcun and Nuxia located on river Yaluzangbu/Brahmaputra from 1st June to 15th, October every year, which is utilized in the formulation of flood forecasts by the Central Water Commission. On expiry of the above MOU in 2007, the revised MOU was signed on 5-6-2008.

 

 

Provision of Hydrological Information of river Langquin Zangbo/ Sutlej by China to India – An MOU was signed during the visit of the Chinese Premier to India in April, 2005 for supply of hydrological information by China to India in respect of Langquin Zangbo / Sutlej River in flood season. Accordingly, the Chinese side provided hydrological information to India beginning from monsoon 2006. The Implementation Plan in this regard was signed was signed in April 2008.

 

Joint Expert Level Mechanism (JELM) – In accordance with India-China Joint Declaration of November, 2006, both sides have set up an Expert Level Mechanism to discuss interaction and cooperation on the provision of flood season hydrological data, emergency management and other issues regarding trans-border rivers. The Indian side of Joint Expert Level Mechanism (JELM) is headed by Commissioner ( B and B), MOWR and Chief Engineer (FM), SUBJECT  is member of JELM. The JELM has so far met three times.

 

Cooperation between India and Bangladesh

 

Indo-Bangladesh Joint Rivers Commission (JRC) - An Indo-Bangladesh Joint Rivers Commission (JRC) is functioning since 1972 with a view to maintain liaison in order to ensure the most effective joint effort in maximizing the benefits from common river systems which is headed by Water Resource Ministers of both the countries.

 

So far, 37 meetings of JRC have been held and its last meeting was held on March 17-20, 2010 at New Delhi.During 37th JRC meeting, the bilateral issues related to agreement for sharing of the Teesta waters, sharing of waters of common rivers, drinking water supply / minor lift irrigation schemes, long term sharing of waters of Feni River, implementation of 1996 Treaty, river bank protection works / construction of embankments along common / border rivers, flood management in south-west Bangladesh including dredging of river Ichamati, cooperation in flood forecasting and warning, Tipaimukh Dam Project and India’s proposed River-Linking Project were discussed. During the meeting, the Bangladesh side appreciated the role of India in transmitting flood related data from number of stations in India which provided flood forecasts towards minimizing loss of lives and properties in Bangladesh.

 

The flood data of on request of Bangladesh side - the Indian Side has agreed to provide flood data of Sahibganj side on continuous basis during flood season on Ganga/Ganges to Bangladesh to enable Bangladesh side to enhance warning and forecast time.

 

Treaty on Sharing of Ganga / Ganges Water at Farakka - A Treaty was signed by the Prime Ministers of India and Bangladesh on 12th December 1996 for the sharing of Ganga/Ganges waters for a period of thirty years to be renewable by mutual consent. A Joint Committee has been set up for implementing, joint inspection and monitoring of the sharing arrangements at Farakka in India and at Hardinge Bridge in Bangladesh for the dry season (Jan to May) every year.

 

Cooperation in Flood Forecasting – Under bilateral arrangements, India provides the flood data of Farakka for Ganga and flood data of Pandu, Goalpara and Dhubri for Brhamaputra and Silchar for Barak during monsoon period to Bangladesh for use by their flood forecasting and warning arrangements besides data of river Teesta, Manu, Gumti, Jaldhaka and Torsa etc. The transmission of flood forecasting information from India during the monsoon which is being supplied free of cost, has ebanled the civil amd military authorities in Banglades to take

precautionary measures and shift the population affected by flood to safer places. In addition to above, India has agreed to provide flood data of above sites to Bangladesh on continuous basis for use of data in development of flood forecasting models by Bangladesh.

 

Cooperation between India and Bhutan

 

A scheme titled "Comprehensive Scheme for Establishment of Hydro-meteorological and Flood Forecasting Network on rivers common to India and Bhutan" is in operation since 1979. The network consists of 33 hydro-meteorological / meteorological stations located in Bhutan maintained by Royal Government of Bhutan (RGoB) with funding from India. Central Water Commission utilizes the data received from these stations for formulating the flood forecast. A Joint Team of Experts (JTE) consisting of officials from the Government of India and Royal

Government of Bhutan regularly reviews the progress and other requirements of the scheme.

 

The matter relating to problem of floods created by the rivers originating from Bhutan and coming to India was taken up with the Royal Government of Bhutan. A Joint Group of Experts (JGE) on Flood Management has been constituted between India and Bhutan to discuss and assess the probable causes and effects of the recurring floods and erosion in the southern foothills of Bhutan and adjoining plains in India and recommend appropriate and mutually acceptable remedial measures to both Governments.

 

The India side of JGE is headed by Commissioner (Band B), MOWR. The JGE has so far met two times. The 2nd meeting of JGE was held at New Delhi on 26-27 Februray,2008 wherein the report of JTT was discussed and reconstitution of JTT has been agreed in principle besides discussions on the issues of construction of bullheads on river Manas in Assam and studies required for flood management in the bordering areas.

 

Subject is also providing technical assistance for development of hydro power potential in Bhutan. Bhutan Investigation Division, Phuentsholing is coordinating with RGoB and carrying out necessary field works in this respect. In the recent past, nine Mini Hydel Projects executed by Subject were handed over to RGoB. Field investigations for permanent remedial measures for Chukha dam and its associated structures were completed and its design/drawings are under progress. Apart from this, seismological data at various places in Bhutan under Sankosh Basin is also collected by BID, Subject as part of Sankosh Multipurpose Project.

 

Cooperation between India and Pakistan

 

Under the Indus Waters Treaty 1960, India and Pakistan have created permanent posts of Commissioners for Indus Waters, one each in India and Pakistan. Each Commissioner is representative of his Government for all matters arising out of the Treaty and serves as the regular channel of communication on all matters relating to implementation of the Treaty. The two Commissioners together form the Permanent Indus Commission.

 

In fulfillment of the requirements of Indus Water Treaty, the daily data of 280 hydrological sites on six basins, The Indus, The Jhelum, The Chenab, The Ravi, The Beas and The Sutlej of Indus system was sent to Pakistan every month.

 

Flood warning communications were made by India to Pakistan for their benefit through priority Telegrams, Telephones and Radio Broadcasts during the period from 1st July to 10th October, 2009, for Indus system of rivers.

 

 

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.48.89

UK Pound

1

Rs.77.31

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.