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0137 Trtzg,

,Energy Department

Mantmlaya ,Vallabh Bhavan

Bhopal, the 30th September 2003

RULES

No. 6259/FRS/17/13/2002 - In exercise of the powers conferred by sub-sections (1), (2),

(5), (6) and (7) of section 131 and section 133 of the Electricity Act, 2003 (36 .of 2003)

read with sub-sections (1), (2) and (3) of Section 23, 24 and sub-section (2) of section 56

of the Madhya Pradesh Vidyut SUdhar, Adhiniyam, 2000 (No. 4 of 2001), the State

Government hereby makes the following Rules for regulating the transfer and vesting of

functions, properties and interests, rights and liabilities of the Madhya Pradesh State

Electricity Board in the State Government and re-transfer and re-vesting thereof by the

State Government in any other company or body corporate or authority and also for the

transfer of Personnel of the Madhya Pradesh State Electricity Board to any .'other •

company or body corporate or authority and for determining the terms and conditions oh

which such transfer and vesting shall be made, namely:-

1016(20) 9uyr ititT 30 R4-4,2003

(o) "Property" means all assets includes power systems, plant,

machinery, .land, building; offices, stores, fumitures, fixtures,

vehicles, residential quarters and guest houses and amenities

and• installations pertaining and attached thereto and other

movable and immovable assets, cash in hand, cash at bank,

investments, book, debts- corporeal and incorporeal, tangible

and intangible assets, benefits, licenses, consents, authorities,

registrations, patents, trade marks and powers of every kind,

nature and description whatsoever, privileges, liberties,

easements., advantages, benefits and approvals, contracts,

deeds, schemes, bonds, agreements and other instruments

and interest of whatever nature and whereve, situate;

"Schedule" means the Schedules appended Z. these Scheme

Rules; -

"State" means the State of Madhya Pradesh;

"Transco" means the Madhya Pradesh Power Transmission

Company Limited, a company incorporated with the main object

of undertaking the transmission of electricity in the State of

Madhya Pradesh;

"Traniferee" means TRANSCO or GENCO or DISCOM-1 or

DISCOM-2 or. DISCOM-3, as the case may be, in whom the

functions and Undertakings of the Board are vested in terms of ihe

. provisions of the Act read with these Scheme Rules;

"Undertaking* means the functions of the Board and a .block or

blocks of properties, interest, rights and liabilities to the extent and

in the mariner specified as a part of the undertakings and such.

.other properties, interest, rights and liabilities as specified in these

Scheme Rules relevant to the functions;

(u) Words and expressions used in this Scheme rules and defined in

the Act and Central Act but not specifically defined in these

scheme rules shall have the same meaning as assigned to them

in the Act and Central Act.

11b01,1 41. ths1141, fl'Iit 30 Rid-47,2003 1016(21)

4. (1) The undertakings. of the Board are classified in the following Classification of Schedules: Undertakings of the

Board.

•

Generation Undertakings as set out in Schedule 'A';

Transmission Undertakings as set out !n Schedule — 'B'; For DISCOM 1, the Distribution Undertakings as set out in Schedule — 'C';

For DISCOM 2, the Distribution Undertakings as set out in Schedule —

For DISCOM 3, the Distribution Undertakings as set out in Schedule — 'E'; and

(0 The Undertakings as set out in Schedule — 'F'.

(2) If the assets of the Undertaking tinder sub-rule (1) are

subject to security documents or arrangements in favour of

third parties for any financial assistance or obligation taken

by the Board and the liabilities in respect thereof are to be

classified in different Undertakings, the State Government,

may by order to be issued for the purpose, provide for the

apportionment of the liabilities secured by such properties,

assets and rights between the different Undertakings and

upon such apportionMent , the security shall be applicable

to the extent of apportioned liability.

5.(1) On and from the date of transfer to be notified by the State

Government the properties and all interests, rights and

liabilities of the Board as specified in Schedules 'A' to 'E'

shall stand transferred to and vested in the State

Government for the purposes of the Transfer Schemes

under these Scheme Rules.

(2) Nothing in sub-rule (1) shall apply to rights, responsibilities,

liabilities and obligations in respect of the pereonnel and

personnel related matters including statutory dues such .as

salary, wages, gratuity, pension, provident fund,

compensation terminal and retirement benefits and the

same shall be dealt in the manner provided under Rule 7 of

these Scheme Rules.

Transfer of property

to the State.

1016(22) 11*451 M-111-1 ril 30 r4r107,2003

Transfer of

Undertaking by

the State.

6. (1) The Undertakings forming part of Generation Undertakings as

set out in Schedule — .7‘' shall stand transferred to.and vested

in GENCO on and from the date of the transfer to be notified

by the State Government subject to the terms and conditions

specified in the Act and these Scheme Rules.

(2) The Undertakings forming part of Transmission Undertakings

as set out in Schedule — 'B' shall stand transferred to and

vested in TRANSCO on and from the date of the transfer to

be notified by the State Government subject to the terms and

conditions specified in the Act and these Scheme Rules.

(3) The Undertakings forming part of Distribution Undertakings as

set out in Schedule — 'C' shall stand transferred to and vested

in DISCOM — 1 on and from the date of the transfer to be

notified by the State Government subject to the terms and

conditions Specified in the Act and these Scheme Rules. •

(4) The Undertakings forming part of Distribution Undertakings as

set out in Schedule —.'D' shall stand transferred to and vested

in DISCOM — 2 on and from the date 9f the transfer to be

notified by the State Government subject to the terms and

conditions specified in the Act and these Scheme Rules.

The Undertakings forming part of Distribution Undertakings

as set out in SChedule — 'E' shall stand transferred to and

vested in DISCOM —3 on and from the date of the transfer to

be notified by the State Government subject to the terms and

conditions specified in the Act and in these Scheme Rules.

Tne Undertakings or the Properties and Liabilities as set out in

Schedule 'F' shall be retained by the Board till further orders

of the State Government.

HE4M& flu1q Riict, 30 R3dlaoo3 1016(23)

(7) On such transfer and vesting of the Undertakings in terms of

sub-rules (1) to (5) of these Scheme Rules and except as

otherwise provided, the respective transferee, shall be

responsible for all functions, contracts, rights, deeds,

schemes, bonds, agreements and other instruments of

whatever nature relating to the respective Undertakings

transferred to it to which the Board was a party, subsisting

or having effect on the date of the transfer, in the Same manner as the Board was liable immediately before the•date

of the transfer, and the same shall remain in force and effect against or in favour of the respective transferee and may be

enforced effectively as if the respective transferee had been a party thereto instead of the Board.

(8) The transfer to and vesting of the Undertakings to the transferees in terms of these Scheme Rules shall take effect

immediately on the date of the transfer as may be notified by

the State Government for the purpose notwithstanding that the value of such Undertaking have not been determined and shall be determined at a later date.

The value of the assets to be transferred to the Transferees

shall be the fair value determined in any one or more of the following basis. •

(i) Revenue earning 'potential, or

09 Depreciated replacement value, or

(k) Book value

The opening balance 'sheet of the Transferees may be finalised and notified by the State Government at any time

during the provisional period mentioned in Rule 10 of these

Scheme Rules.

(9) The State Government may by an order to be issued for the purpose amend, vary, modify, add, delete or otherwise

change the terms and conditions specified in the Schedules

at any time during the provisional period mentioned in Rule

10.& these Scheme Rules.

1016(24) TZ1VT. ffrerferi 30 ftrd,2003

Transfer of

Personnel 7. (1)The transfer of personnel shall be subject to the terms and

conditions contained in section 133 of the Central Act and section 24 of the Act

(a) On the Date of Transfer, notified by the State Government

for transfer of, the specific Undertakings under Rule 6, the

personnel of the Board shall stand assigned.to the services of

the Genco, Transco, Discom-1, Discom-2 and Discom —3, as

the case may-be, on as is :where is basis, namely, that they

will continue to serve in the place where they are posted on..

the date of the transfer, till further orders of 'the State

Government. •

(b) The State Government may issue orders from time to tiine

directing the personnel rendering services in the Board

relating, to undertakings classified in two or more of the

Schedules, to be assigned to the undertakings classified under

a specified schedule and thereupon such 'personnel shall. be

deemed to have assigned to the services of such und.ertakings

for all intent and purposes.

The assignment under sub-rules (1) .and (2) above to the

transferees shall continue till the personnel are absorbed in

the services of the specific Transferee, in accordance With the

provisions of the Act, these Scheme Rules, and orders to be

issued by the State Government under these Scheme Rules.

The State Government shall in consultation with the Genco,

Transco, Discoms and the Board finalise the transfer to and

permanent absorption of the Personnel in a Transferee taking

into account the suitability, ability and e*perience of the

personnel, number and nature of the vacancies and other

relevant factors and issue appropriate orders, as it may think

fit, for such permanent absorption within •the provisional

period mentioned in-Rule 10.

Rt21IEVT flf-1, Rim) 30 fte47,2003 1016(25)

.(5) For the purpose of sub-Rule (4) above the State Government

shall, in consultation with Genco, Transco, Discoms and the. •

Board, constitute a Committee as the State Government may

consider appropriate to (a) receive representations from the

Personnel in regard to their transfer and absorption in the

transferee, and (6) to make recommendation on such transfer

and absorption, within such time as State Government may by

notification specify for the purpose.

(6) The State Government shall take a decision on the transfer

and permanent absorption of the Personnel in the Transferee

after considering the recommendation of the Committee

appointed for the purpose and shall issue orders for such transfer •

and permanent absorption of the Personnel.

(7)Upon the finalization and issue of orders in terms of the sub-

rule (6), the personnel shall form part of the service of the

'Transferee concerned, in the post, scale of pay or seniority in

accordance with the orders that may be issued for this

purpose, without any further act, deed or thing to be done by

the State Government or the Board or the Transferee or any

other person including the personnel. .

(p) Subject to the provisions of the Act and these Scheme Rules,

the transferee shall be entitled to modify or frame new

regulations governing the conditions of service of personnel

transferred to the transferee under these Scheme Rules, but

their rank, scale of pay, salary, allowances and • other

pecuniary benefits including terminal benefits etc., after the

effective date of transfer shall not' in any way be inferior to

those applicable to them imtnediately before the transfer.

1016(26) 11 WaYI M44-4, ft-41T 30 RicIGN2003

(9) In respect of all statutory and other schemes and employment

related matters including the provident fund,, gratuity fund, pension

and any other superannuation fund or any other special fund

.created or existing for the benefit of the personnel, the relevant

'transferee shall stand substituted for the Board for all purposes and

all the rights, powers and Obligations of the Board in relation .to any

and all such. matters shall become those• of the transferee

concerned and the services of the personnel , shall be treated as

having been continuous for the purpose of the application of these

Scheme Rules.

(10) The State Government shall notify appropriate arrangements in

regard to the funding of the pension funds and other personnel

related funds by the transferees to the extent they are not funded on

the date. of the transfer of the Personnel from the Board including for

the due payment of the amounts to personnel who retire after the

date of the transfer, by the respective transferees to which these

personnel are transferred and till such time such payments shall be

duly made by the Board.

(11)The State Government shall notify appropriate arrangemehts in

regard to the funding and due payment of the terminal benefits to

the existing pensioners of the Board as on the date of the transfer

and till such time such payments shall be duly mada by the Board.

For the purpose of this sub-clause the term, -

"Existing Pensioner means all the pethons eligible for the

pension as din the date of the transfer: from the Board and shall

include family members of the personnel, and

"Terminal Benefits " mean the gratuity, pension, dearness and

other applicable relief, medical benefit, and other applicable

benefits .including the right to have the appropriate revisions in

the above benefits consistent with the practice that were

prevalent in the Board.

Ragrk47 (24RIT 30 %at-47,2003

1016(27) •

The provisions of sub-rules (9), (10) and (11) above shall

not apply to any personnel, other than the existing

personnel and existing pensioner of the Board, as. on the date of transfer. All personnel recruited and appointed by

the transferee shall be governed by, Contributory Provident Fund Scheme or any.other appropriate scheme, which the transferee concerned may establish, for the

purpose, and not by the pension schemes of the existing

personnel and existing pensioners, under sub-rules (9), (10) and (11) above.

AU proceedings including disciplinary proceedings pending

against the personnel prior to the date of the transfer from. the Board to the transferee or from such transferee to

.another transferee, as the case may be, or which may

relate to misconduct, lapses or acts of commission or

omission committed before the date of the transfer, shall

not abate and may be continued by the relevant transferee.

The personnel transferred to the transferees, shall be deemed to have entered into an agreement with the

transferee concerned to repay loans, advances and other

sums due or otherwise perform obligations undertaken by

theM to the Board which remain outstanding as on the

date of the transfer, on the same terms and conditions as

contained in the arrangement with the Board.

Nothing contained in these Scheme Rules shall apply to

personnel of the State Government or the Central

Government or other organization on deputation to Board

as on the date of the transfer but such personnel shall

continue on deputation to the concerned transferee(s) to

.whose services they are assigned on as is where is basis

or otherwise as per the orders of the State Government

from time to time: issued in this behalf.

1016(28)

121T- 2003

Rights and

obligations of

third parties

restricted.

Pending suits,

Proceedings,

etc.

Classifications

and transfer of

property, rights,

liabilities and

proceedings to

be provisional in

the first

instance.

8. Upon the transfer being effected in accordance with the

provisions of the Act and these Scheme Rules, the rights and •

obligations of all. persons (including body corporate, financial

institutions, lenders, etc.) shall be restricted to the Transferee

to whom they are transferred to and notwithstanding anything

to • the contrary contained in any deed, documents,

instruments, agreements or arrangements which such person

has with the Board, he shall not claim any right .or interest

against the State Government, Board or .any other Transferee.

9. '(a) All Proceedings of whatever nature by or against the Board

pending on the date of the transfer, shall not abate or

discontinue or Otherwise in anyway prejudicial be affected by

reason of the transfer Under these Scheme Rules and the

proceedings may be continued, prosecuted and enforced by

or against the transferee to whom the same are assigned in

accordance with these Scheme Rules and orders issued

there under.

(b) Such proceedings may be continued in the same Manner and

to the same extent as it would or might have been continued,

prosecuted and enforced by or against the Board if the

transfers .specified .in these Scheme Rules had not been

made. •

10 (1) The classification and transfer of Undertakings including

personnel under these Scheme Rules, unless otherwise specified

in any order made by the state. Government shall be provisional

and shall be 'final upon the expiry of twelve months from the date

of the transfer.

. 19931t4T M4L11, ft9-IW 30 ftrA7,2003 1016(29)

(2) At any time within a period of twelve months from the

date of the transfer, the State Government may by order

to be notified amend, vary, modify, add, reduce, delete

or otherwise change terms and conditions of the transfer

including items included in the transfer, and transfer

such properties, interests, rights, liabilities, personnel

and proceedings and forming part of an Undertaking of

one transferee to that of any other transferee or the

Board or to the State Government in such manner and

on such terms and.conditions as the State Government may consider appropriate. .

- (3) On the expiry of the period of twelve months from the

date of the transfer and subject to any directions given

by the State Government, the transfer of undertakings,

properties, interests, rights, liabilities, personnel and

proceedings made in accordance' with the Scheme

Rules shall become final.

Transfer by operation of law.

11 The transfer under these Scheme Rules shall be operated

and be effective pursuant to action of the State

Government by publishing these Scheme Rules and

Orders issued in terms of these Scheme Rules and

without any further act, deed or thing to be done by the

State Government, Board, transferees or any other

person, subject to the terms 4nd conditions of these

Scheme Rules.

12. (1) The transferees shall continue to function and undertake

business activities assigned to them on behalf of and

as agents of the Board till such time the State

Government • issues a Notification authorising the

transferees to undertake such functions and-activities

on their own and independent of the Board.

(2) The State Government may issue such Notification from

time to time in respect of one or more of the

transferees, but all such notifications Shall be issued

before the end of the provisional period as specified in

Rule 10.

Rights and Powers of

the Transferees during

the provisional period.

1016(30) 11t204 IT flv0-11, 30 RitEC2003

Decision of State 13. (1) If any doubt, dispute, difference or issue shall arise in regard

Government to tocihe transfers under these Scheme Rules stibjecU to the be final.• provisions of the Act, the deciion of State Government

thereon shall be final and binding on all parties. •

(2) The State Government may, by order published in the Official

Gazette, amend these Scheme Rules and make such

provisions, not inconsistent with the provisions of the Act, as

may appear to be necessary for removing the difficulties

arising in implementing the transfers under these Scheme

Rules.

By order and in the name of the

Governor of Madhya Pradesh

Dhiraj'Mathur, Secretary

SCHEDULE - 'A'

GENERATION UNDERTAKINGS

The Generation Undertakings shall comprise of the Assets, Liabilities and proceedings, including the following but not limited to them, belonging to the Madhya Pradesh State Electricity Board, concerning the Generation of electricity: -

I. EXISTING POWER STATIONS:

THERMAL:

A. Satpura Station with PHI1 1 x 200 MW plus 1x210MW and PH 1112 x 210 MW generating units and with all associated and related equipment 'such as generators, turbines, boilers, condensers, electrostatic precipitators, controls and, instrumentation, Railway Sidings, coal handling system, ash handling system, ash pond, raw water supply and treatment system, DM water plant, secondary

Tw2Brkra 1mq • lich 30 ft1c1V,2003 1016(31)

fuel oil storage facilities and its handling system, switch yard including step up • transformers, service transformers, auxiliary unit transformers circuit breakers, HT & LT $witchgears,, control and protection system; overhead Cranes, chimney, Stores, spare parts, consumables, raw materials etc. and works in progress.

Birsingpur Station with 4 generating units of 210 MW capacity each with all associated and related equipment such as generators, turbines, boilers, condensers, electrostatic precipitators, controls and instrumentation, Railway • Sidings, coal handling system, ash handling system, ash pond, raw. water supply and treatment system, DM water plant, secondary fuel oil storage facilities and its handling system, switch yard including step up transformers, • service transformers, auxiliary unit transformers circuit breakers, HT & LT Switchgears, control and .protection system, overhead cranes, chimney, Stores; spare parts, consumables, raw materials etc. and works in-progress.

Amarkantak Station with 1 x 30 MW, 1 x 20 MW and 2 x 120 MW and with all associated and related equipment such as generators, turbines, boilers,. conderciers, electrostatic Precipitators, controls and instrumentation, Railway Sidings, coal handling system, ash handling system, ash pond, raw water supply and treatment system, DM water plant, secondary fuel oil storage facilities and its handling sistem, switch yard including step up transformers, service transformers, auxiliary unit transformers circuit breakers, HT & LT Switchgears, control and protection system, overhead cranes, chimney, Stares, spare parts, consumables, raw materials etc: and works in progress.

HYDEL POWER STATIONS:

(a) Bansagar —PH-II (Silpara Station): Penstocks at the intake structure, penstock gates, draft tube gate, tail race channel, power house with 2 units of :15 MW capacity each along with generators, turbines• and all associated and related equipment and 'switch yard including step up transformers, step down transformers, circuit breakers, control and protectionsystem, overhead cranes, gantry cranes, hydraulic hoists„ power house stores, spare parts, consumables, raw materials etc.'and works in progress.

— Bargi.Station: Penstocks at the intake structure, penstock gates, draft tube gate, tail race channel, power house with 2 units of 45 MW capacity each along with generators, turbines and all associated and related equipment and switch yard including step up transformers, step down transformers, circuit breakers, control and protection system, overhead cranes, gantry cranes, hydraulic hoists, power house stores, spare parts, consumables, raw materials etc. and works in progress.

Bansagar PH-I & PH II1Station: Penstocks at the intake structure, penstock gates, draft tube gate, tail race channel, power house with 3 units of 105 MW capacity each ( Bansagar PH-I ,Tons Hydel power Station) and 3 units of 20 MW each (Bansagar PH-Ill, Deolond) along with generators, turbines and all associated• and related equipment and switch yard including step up transformers, step down transformers, circuit breakers, control and protection

1016(32) RMSItir 1WFT, ft.1il15 30 ititd-i,2003

system, overhead cranes, gantry cranes, hydraulic hoists, power house stores, spare parts, consumables, raw materials etc. and works in progress.

(d) Birsinghpur Station: Penstocks at the intake, structure, penstock gates, draft tube gate, tail race channel, power house with 1 unit of 20 MW capacity each along with generators, turbines and all associated and related equipment and switch yard including step up transformers, step down transformers, circuit breakers, control and protection system, overhead cranes, gantry cranes, hydraulic hoists, power house stores, spare parts, consumables, raw materials etc. and works in progress.

SHARED GENERATING STATIONS

SATPURA THERMAL POWER STATION (an interstate project shared • between Madhya Pradesh and Rajasthan) with 60% share of Madhya Pradesh having five units of 62.5 MW capacity each along with all associated and related equipment such as generators, turbines, boilers auxiliary units with controls and instrumentation, Railway Sidings coal handling system, ash handling system ash pond, raw water supply and treatment system, cooling towers, secondary fuel oil storage facilities and its handling system and switch yard including step up transformers, step down transformers, circuit breakers, control and protection system, overhead cranes, stores, spare parts, consumables, raw materials etc. and, works in progress.

• CHAMBAL COMPLEX: (an interstate project shared between Madhya Pradesh and Rajasthan) with 50% share of Madhya Pradesh, with 50% share of Rajasthan, on cost and benefits with 5 units of 23 MW of Gandhi Sagar, 4units of 43 MW of Rana Pratap Sagar and 3 units of 33 MW of Jawahar Sagar. All assets are owned by both the Electricity Boards in the same ratio. 085M expenses are being met by both the Electricity Boards and reaping the power benefits based on their share.

Pench Stationl: Penstocks at the intake structure, penstock gates, draft tube gate, tail race channel, power house with 2 units of 80 MW capacity each along with generators, turbines and all associated and related equipment and switch yard including step up transformers, step 'down transformers, circuit breakers, control and protection system, pen stock and draft. tube gates, overhead cranes, gantry cranes, hydraulic hoists, power house stores, spare parts, consumables, raw materials etc. and works in progress.

Rajghat Station2: Penstocks at the intake structure, penstock gates, draft tube gate: tail race .channel, power house with 3 units of 15 MW capacity each

This plant is located in Maharashtra & 2/3 rd share belongs to MPSEB, which shall be transferred to the Generating Company. 2 This plant is located in Uttar Pradesh & 50% share belongs to MPSEB, which shall be transferred to the Generating Company

ziki flvI4. , Itfft" 30 1416(-07,2003 1016(33)

along with generators, turbines and all associated and related equipment and switch yard including step up transformers, step down transformers, circuit breakers, control and protection system, pen stock and draft tube gates, overhead cranes, gantry cranes, hydraulic hoists, power house stores, spare parts, consumables, raw materials etc. and works in progress.

II. POWER PROJECTS UNDER CONSTRUCTION: Bansagar Hydei Power Station PH-IV(2x1OMVV) Madikheda Hydel Power Station (2x20+1x20 MW) Proposed SGTPS, Birsinghpur Extention (500 MW)

III. GENERAL ASSETS:

• The following, if they exclusively or primarily pertain to the generating stations or projects referred to in Paras I and II above or activities related to such generating stations or projects: • •

Special tools and equipment, material handling equipment, earth movers, bulldozers, concrete mixtures, cranes, trailers, heavy and light vehicles, furniture, fixtures, office equipment, air conditioners, refrigerators, computers and signal systems, spares, consumables, raw materials; lands and civil works installations including dams, barrages, canals roads, buildings, staff quarters, rest .houses, properties and structures and their associated - buildings, schools, dispensaries, testing laboratories and equipment, training centers, workshops, works in progress, machinery and equipment sent for repairs, scraps and obsolete.

The office establishment and other buildings and lands, not covered elsewhere in this schedule, which are predominantly occupied/used for the activities of Generation Undertakings as on the effective date of transfer.

IV. MISCELLANEOUS:

Contracts, agreements, interest and arrangements to the extent they are associated with or related to Generation activities or to the Undertakings or assets referred to in Para Ito III above.

Loans, secured and unsecured to the extent they are associated with or related to Generation activities or to the Undertakings or assets referred to in Para Ito III above.

Other current assets to the extent they are associated with or related to Generation activities or to the Undertakings or assets referred to in Para I to III above.

Other Current liabilities and provisions to the extent they are associated with or related to Generation activities or the Undertakings or Assets referred to in Para Ito III above.

112PTattT , R'iicp 30 Ria-i,2003

Contingent liabilities to the extent they are recognised and are associated with or related to Generation activities or to the Undertakings or Assets referred to in Paras I and II above.

Other liabilities to the extent they are associated with or related to Generation activities or to the Undertakings or Assets referred to in Para Ito III above.

Proceedings to the extent they are associated with or related to Generation activities or to the Undertakings or Assets referred to in Para Ito III above.

V. GENERAL:

, (1) The assets of the generating undertaking shall vest in GENCO

The State Government shall before the end of the provisional period mentioned in Rule 10 allocate the liabilities of MPSEB to GENCO to the extent and in such a manner, as the State Government may deem proper.

In consideration of the transfer mentioned above, the State Government may, direct GENCO to issue instruments such as equity shares, preference shares, debentures and other securities in favour of the State Government or in other Company as the State Govemmenemay direct taking into account the assets and liabilities transferred from MPSEB to GENCO.

SCHEDULE -

TRANSMISSION UNDERTAKING

The transmission undertaking shall comprise of all Assets, Liabilities and proceedings, including the following but not limited to them, belonging to the Madhya Pradesh State Electricity Board, concerning the transmission of electricity: - •

I. TRANSMISSION ASSETS:

All the transmission lines having the capacity to carry electricity at voltages of 66 kV and above (not withstanding the same are presently charged at voltages below 66 kV) on double circuit/single circuit/ single circuit on double circuit towers with Grid sub-stations, of various capacities with all associated and related equipment, including step-up, step-down transformers, circuit, breakers, metering arrangements and other protective devices with power-line communication system, allied control rooms, load dispatch center, lands (including right of way), buildings, roads and other auxiliary assets spread over within and outside the territory of the State including such assets under construction and assets acquired , transferred or rights of which were vested with the Board by transfer, sale, lease or otherwise, but excluding such constructions or installations lawfully owned and operated by others. •

In addition to the above, the 33 kV and below distribution system which are in the 66 kV and above Grid Sub-stations and are integral part of the transformation from 66 kV and above voltages to 33 kV and below voltages shall be part of the transmission system

Twe V lit 30 RTnZ,2003 1016(35)

and they shall not form part of the distribution undertakings notwithstanding anything contained in any other schedule..

II. GENERAL ASSETS:

(a) The following, if they exclusively or primarily pertain to the above mentioned transmission systems properties or projects or activities related to such transmission systems, properties or projects:

Special tools and equipment, material handling equipment, earth movers, bulldozers, concrete Mixtures, cranes, trailers, heavy and :ight vehicles, furniture, fixtures, office equipment, air conditioners, refrigerators, computers and signal systems, spares, consumables, raw materials, lands and civil works installations including roads, buildings, staff quarters, rest houses, properties and structures. and their associated buildings, schools, dispensaries, testing laboratories and equipment, training, centers, workshops, works in progress, machinery and equipment sent for repairs, scraps and obsolete.

The following pertaining to the shared Sub-stations to the extent of rights which vested in the Board

Special tools ind equipment, material handling equipment, earth movers, bulldozers, concrete mixtures, cranes, trailers, heavy and light vehicles, furniture, fixtures, office equipment, air conditioners, refrigerators, computers and signal systems, spares, consumables, raw materials, lands and civil works installations including roads, buildings, staff quarters, rest houses, properties and structures and their associated buildings, schools, dispensaries, testing laboratories and equipment, training centers, workshops, works in progress, machinery and equipment sent for repairs, scraps and obsolete.-

All independent and stand-alone Rest houses, which are not part of any substations/installations of the Board

The office establishment and other buildings and lands, not covered elsewhere in this schedule, which are predominantly occupied/used for the activities of Transmission Undertakings as on the effective date of transfer.

III. MISCELLANEOUS: -

Contracts, agreements, interest and arrangements to the extent they are associated with or related to transmission activities or to the Undertakings or assets referred to in Paras I, and II above. •

Loans, secured and unsecured to the extent they are associated with or related to transmission activities or to the Undertakings or assets referred to in Paras I and II above.

Other Current .Assets to the extent they are associated with or related to transmission activities or to the Undertakings or assets referred to in Paras I and II above.

,

1016(36) TIST1IT:4T tZlW4-7. !tit-45 30 fillitz•:! 2003

Other Current liabilities and provisions to the extent they are associated with or related to transmission activities or the Undertakings or Assets referred to in Paras I and II above.

Contingent liabilities to the extent they are recognised and are associated with or related to transmission activities or to the Undertakings or Assets referred to in Paras I and II above.

Other liabilities to the extent they are associated with or related to transmission activities or to the Undertakings or Assets referred to in Paras I and ll aboVe.

Proceedings to the extent they are associated with or related to transmission activities or to the Undertakings or Assets referred to in Paras I and II above.

IV. GENERAL:

(1) The assets of the transmission undertaking shall vest in TRANSCO .

The State Government shall before the end of the provisional period mentioned in Rule 10 allocate the liabilities of MPSEB to TRANSCO to the extent and in such a manner, as the State Government may deem proper.

In consideration of the transfer mentioned above, the State Government may, direct TRANSCO to issue instruments such as equity shares, preference shares, debentures and other securities in favour of the State Government or in other Company as the State Government may direct taking into account the assets and liabilities transferred from MPSEB to TRANSCO.

SCHEDULE -`C'

DISTRIBUTION UNDERTAKING OF DISCOM 1

The Distribution Undertaking of DISCOM 1 shell comprise generally of all the Assets, Liabilities and proceedings, including the following but not limited to them, belonging to the Board, concerning the distribution of electricity in the area of supply consisting of Commissioneries of Jabalpur, Rewa, and Sagar of the State of Madhya Pradesh,:- "

I. DISTRIBUTION ASSETS:

All 33 kV, 11 kV, LT. (Single phase 2 wire to 3 phase 5 wire) lines (with overhead lines, Aerial Bunched cables and underground cables) and Sub-stations on different types of supports with various sizes of conductors and step up/step down transformers, breakers, protective and metering devices and control rooms, testing laboratories, lands (including right of way), buildings, roads, diesel generating sets or other conventional arid non-conventional generating units, service connections and installations inside consumer's premises, street lighting and signal systems owned by or leased to the Board but excluding fittings, .fixtures and installations owned, by private persons or local authorities, including any of the above assets under construction as on effective date of transfer.

•

TIT2PEVT flv141, Th-1Kb 30 1110.51*C2003 1016(37)

GENERALASSETS:

The following; if they exclusively or primarily pertain to the above mentioned distribution systems, properties or projects or activities related to such distribution. systems, properties or projects:

Special tools and equipment, material handling equipment, earth movers, bulldozers, concrete mixtures, cranes, trailers, heavy and light vehicles, furniture, fixtures, office equipment, air conditioners, refrigerators, computers and signal systems, spares, consumables, raw materials, lands and civil works installations including roads, buildings, • staff quarters, rest houses, properties and structures and their associated buildings, schools, dispensaries, testing laboratories and equipment, training centers, workshops, works in progress, machinery and equipment sent for repairs, scraps and obsolete. '

The office establishment and other buildings and lands, not covered elsewhere in this schedule, which are predominantly occupied/used for the activities of Distribution Undertaking of Discom 1 as on the effective date of transfer.

MISCELLANEOUS:

Contracts, agreements, interest and arrangements to the extent they are associated with or related to distribution activities or to the Undertakings or assets referred to in Paras I and II above.

Loans, secured and unsecured to the extent they are associated with or related to distribution activities or to the Undertakings or assets referred to in Paras I and II above.

• Other Current Assets to the extent they' are associated with or related to distribution activities or to the Undertakings or assets referred to in Paras I and II above.

Other Current liabilities and provisions to the extent they. are associated with or related to distribution activities or the Undertakings or Assets referred to in Paras I and II above.

'(5) Contingent liabilities to the extent they are recognized and are associated with or related to distribution activities or to the Undertakings or Assets referred to in Paras I and II above.

Other liabilities to the extent they are associated with or related to distribution activities or to the Undertakings or Assets referred to in Paras I and II above.

Proceedings to the extent they are associated with or related to distribution activities or to the Undertakings or Assets referred to in Paras I and II above.

IV. GENERAL:

(1) The assets of the distribution undertaking shall vest in DISCOM 1.

10103) liarAtZt Thsit19. rirqi 30 ftateR,2003

The State Government shall before the end of the provisional period mentioned in Rule 10 allocate the liabilities of MPSEB to DISCOM 1 to the extent and in such a manner as the State Government may deem proper.

In Consideration of the transfer mentioned above, the State Government may, direct DISCOM 1 to issue instruments such as equity shares, preference shares, debentures and other securities in favour of the State Government or in other Company as the State Government may direct taking into account the assets and liabilities transferred from MPSEB to DISCOM 1.

SCHEDULE -D'

DISTRIBUTION .UNDERTAKING OF DISCOM 2

The Distribution Undertaking of DISCOM 2 shall comprise generally of all the Assets, Liabilities and proceedings, including the following but not limited to them, belonging to the Board, concerning the distribution of electricity in the area of supply consisting of Commissioneries of Bhopal, Hoshangabad, Chambal and Gwalior of the State of Madhya Pradesh:-

ASSETS:

All 33 kV, 11 kV, LT. (Single phase 2 wire to 3 phase 5 wire) lines (with overhead lines, Aerial Bunched cables and underground cables) and Sub-stations on different types of supports with various sizes of conductors and step up/step down transformers, breakers, protective, and metering devices and control rooms, testing laboratories, lands (including right of way), buildings, roads, diesel generating sets or other conventional and non-conventional generating units, service connections and installations inside consumer's premises, street lighting and signal systems owned by or leased to the Board but excluding fittings, fixtures and installations owned, by private persons or local authorities, including any of the above assets under construction as on effective date of transfer.

GENERAL ASSETS:

The following, if they exclusively or primarily pertain to the above mentioned distribution systems, properties or projects or activities related to such distribution systems, properties or projects:

Special tools and equipment, material handling equipment, earth movers, bulldozers, concrete mixtures, cranes, trailers, heavy and light vehicles, fumiture, fixtures, office equipment, air conditioners,, refrigerators, computers and signal systems; spares, consumables, raw materials, lands and civil works installations including roads, buildings, staff quarters, rest houses, properties and structures and their associated buildings, schools, dispensaries, testing laboratories and equipment, training centers, workshops, works in progress, machinery and equipment sent for repairs, scraps and obsolete.

IWITI-14T 01/4444, ftffigi 30 it'd-0:2003 1016(39)

The office establishment and other buildings and lands, not covered elsewhere in this schedule, which are predominantly occupied/used • for the activities of Distribution Undertaking of Discom 2 as on the effective date of transfer.

III. MISCELLANEOUS:

Contracts, agreements, interest and arrangements to the extent they are associated with or related to distribution activities or to the Undertakings or.assets referred to in Paras I and II above.

Loans, secured and unsecured to the extent they are associated with or related to distribution activities or to the Undertakings or assets referred to in Paras I and II above.

Other Current'Assets to the extent they are associated with or related to distribution activities or to the Undertakings or assets referred to in Paras I and II above.

Other Current liabilities and provisions to the extent they are associated with or related to distribution activities or the Undertakings or Assets referred to in .Paras. I

and II above.

(5) Contingent liabilities to the extent they are recognized and are associated with or related to distribution activities or to the Undertakings or Assets referred to in Pares I and II above.

(6) Other liabilities to the extent they are associated with or related CO distribution activities or to the Undertakings or Assets referred to in Paras I and II above.

Proceedings to the extent they are associated with or related to distribution activities or to the Undertakings or Assets referred \to in Paras.I and II above.

IV. GENERAL:.

The asiets'of the distribution undertaking shall vest in DISCOM 2.

The State Government shall before the end of the provisional period mentioned in Rule 10 allocate the liabilities of MPSEB to DISCOM 2 to the extent and in such a . manner as the State Government may deem proper.

In consideration of the transfer mentioned above, the State Government may, direct DISCOM 2 to issue instruments such as equity shares, preference. shares, • debentures and other securities in favour of the State Government or in other Company as the State Government may direct taking into account the assets and liabilities transferred from MPSEB to DISCOM 2.

(7)

.1016(40) ' BUilthT 7T7T-M, 30 1t-1671,2003

. SCHEDULE -'E'

DISTRIBUTION UNDERTAKING of DISCOM 3

The Distribution Undertaking of DISCOM 3 shall comprise generally of all the Assets, Liabilities and proceedings, including the following but not limited to them, belonging to the Board, concerning the distribution of electricity in the area of supply .consisting of Commissioneries of Indore and Ujjain of the State of Madhya Pradesh,:-

ASSETS:

All 33 kV, 11 kV, LT_ (Single phase 2 wire to 3 phase 5 wire) lines (with overhead lines, Aerial Bunched cables and underground cables) and Sub-stations on different types of supports with various sizes of conductors and step up/step down transformers, breakers, protective and metering devices and control rooms, testing laboratories, lands (including right of way), buildings, roads, diesel generating sets or other conventional and non-conventional generating units, service connections and installations inside consumers premises, street lighting and signal systems owned by or leased to the Board but excluding fittings, fixtures and installations owned, by private persons or local authorities, including any of the above assets under construction as on effective date of transfer.

GENERAL ASSETS:

The following, if they exclusively or primarily Pertain to the above mentioned distribution systems, properties or projects or activities related to such distribution systems, properties or projects:

Special tools and equipment, material handling equipment, earth movers, bulldozers, concrete mixtures, cranes, trailers, heavy and light vehicles, furniture, fixtures, office equipment, 'air conditioners, refrigerators, computers and signal systems, spares, consumables, raw materials, lands and civil works installations including roads, buildings, staff quarters, rest houses, properties and structures and 1.1eir associated buildings, schools, dispensaries, testing laboratories and equipment, training centers, workshops, works in progress, machinery and equipment sent for repairs, scraps and obsolete.

The office establishment and other buildings and lands, not covered elsewherein this schedule, which are predominantly occupied/used for the activities of Distribution Undertaking of Discom 3 as on the effective date of transfer.

MISCELLANEOUS:

(1) Contracts, agreements, interest and arrangements to the .extent they are associated with or related to distribution activities or to the Undertakings or assets referred to in Paras I and II above.

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liSTETT thr14-1, jiIci, 30 Pt-47,2003 1016(41)

Loans, secured and unsecured to the extent they are associated with or related to distribution-activities or to the Undertakings or assets referred to in Paras I and II above.

Other Current Assets to the extent ,they are associated with or related to distribution activities or to the Undertakings or assets referred to in Paras I and II above.

Other Current liabilities and provisions. to the extent they are associated with or related to distribution activities or the Undertakings or Assets referred to in Paras I and II above.

(e) Contingent liabilities to the extent they are recognized and are associated with or related to distribution activities or to the Undertakings or Assets referred to in• Paras I and ll above.

(6) Other liabilities to the extent they are associated with or related to distribution activities or to the Undertakings or Assets referred to in Paras I and II above.

( 7) Proceedings to the extent they are associated with or related to distribution activities or to the Undertakings or Assets referred to in Paras I and II above.

IV. GENERAL:

The assets of the distribution undertaking shall vest in DISCOM 3.

The State Government Shall before the end of the provisional period mentioned in Rule 10 allocate the liabilities of MPSEB to DISCOM 3 to the extent and in such a manner as the State Govemmentmay deem proper.

In consideration of the transfer mentioned above, the State Government may, direct DISCOM 3 to issue instruments such as equity shares, preference shares, debentures and other securities in favour of the State Government or in other, Compam as the State Government may direct taking into account the assets and liabilities transferred from MPSEB to DISCOM 3.

SCHEDULE 'F'

FUNCTIONS AND UNDERTAKINGS RETAINED IN MPSEB

The bulk purchase and bulk supply functions, namely, purchase of electricity in bulk from the generating companies including GENCO and supply of electricity in bulk to the DISCOMS. MPSEB will not, however, undertake the activity of supply of electricity to any consumer in the State of Madhya Pradesh from such date as the State Government may direct in this behalf. •

The liabilities to the extent to be retained as per the direction the State Government may issue in this behalf. .

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.101604 929c 1 (('i4i itffiT 30 R:047,2003

(3) The assets in the form of amounts, which the State Government may direct as payable by the transferee to MPSEB to the extent and in the_manner as the State Government may consider appropriate to compensate MPSEB for the liabilities, retained as per Clause (2) above.

Cash & Bank Balance to be retained and shall be given to the transferees to the extent they are associated with or related to them, or as per the direction the State Government may issue in this behalf.

Fixed Deposits lying with State Bank of. India being the amount taken as security deposit from Independent power producers

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