Download the Annual Report 2012-13. - kiocl limited

3. Future plan of action a) The action has been initiated for procurement of theparticular grinding media for charging the same in theball mills.b) Based on the study results the project would be takenup for implementation depending upon the availability/receipt of gas at Mangalore appropriately as per the gassupply agreement entered with M/s. GAIL.4. Expenditure on R & D Feasibility Study andConsultancy (2012-13)a) Capitalb) Revenuec) Total Expenditured) Total R & D expenditure as a percentage oftotal turnoverNIL` 64.88 Lakhs` 64.88 Lakhs0.06 %Technology absorption, adaption & innovation1. Efforts in brief made towards technology absorption,adaption and innovation2. Benefit derived as a result of the above efforts e.g.product improvement, cost reduction, productdevelopment, import substitution etc--C. FOREIGN EXCHANGE EARNINGS & OUT GOYour Company has not earned any foreign exchange during the year as there was no export of Pellets. Total outgo inForeign Exchange on account of imports, payment towards technical services, etc., amounted to about US$ 32.57 million.37th Annual Report 2012 - 1341 KIOCL