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Annexure 1: Milestones to be achieved by the Assured during the validity of LOA – Captive Power PlantS.No.Activity/MilestoneTimelinefrom thedate of LOADocument to be submitted by the Assured onachievement of milestoneIssuing AuthorityWaival12Existence ofbusiness entityApproval of theInvestmentDecisionwithin 6monthswithin 6monthsCertificate of Incorporation/ Commencement ofBusiness CertificateCertified copy of the decision of the Board ofDirectors. In case of a Group CPP, copy of theShareholders' Agreement certifying the criteria forqualification stipulated by the Central Governmentalongwith the approval, and copies of the decisions ofthe Boards of the respective members of such GroupCPP approving respective investmentsState Registrar ofCompanies,Ministry ofCompany Affairs,Government ofIndiaCompanySecretary under theCompany Seal1) In case of Partnership firm- Copies of theAcknowledgement Receiptsof the Income Tax Returns ofrespective Partners for theimmediately precedingfinancial year and the StateSales tax/ VAT numberand/or CST registrationnumber; 2) In case ofProprietary firm - Copy of theAcknowledgement Receipt ofthe Income Tax Return of theProprietor for the immediatelypreceding financial year andthe State Sales tax/VATnumber and/or CSTregistration number1) In case of Partnership firm- Partnership Agreement/Deed duly identifying thebusiness activity for whichcoal is requested; 2) In caseof Proprietary firm - Affidavitundertaking the businessactivity for which coal isrequestedDraft Letter of Assurance (LOA) for Captive Power Plants (CPPs) – LV - V8 – 20 Mar 086
Annexure 1: Milestones to be achieved by the Assured during the validity of LOA – Captive Power PlantS.No.Activity/MilestoneTimelinefrom thedate of LOADocument to be submitted by the Assured onachievement of milestoneIssuing AuthorityWaival3TechnicalFeasibilityStudies&within 6monthsDetailed Project Report (DPR)IndependentAgency/ ExpertSelf-attested DPR in case it isprepared in-house4LandacquisitionLand inpossession(90% of thetotal land, asconsidered inthe DPR,acquired)within 6monthswithin 12monthsPvt. LandNotificationunder Section 6of the LandAcquisition Act,1894Award by theCollector underSection 11 ofLandAcquisition Act,1894; Or LandRegistration/Transfer deed/Land leaseagreementGovt. LandApplication filedby the Assuredfor requirementof landLandRegistration/Transfer deed/Land leaseagreementState IndustrialDevelopmentCorporation(SIDC)Application filedby the Assuredfor requirement ofland(ifapplicable)LandRegistration/Transfer deed/Land leaseagreementState Government(in case ofproceedings underthe LandAcquisition Act1894State Government/Collector’s Office/SIDC-In case of Pvt. Land beingpurchased from the ownerdirectly, notifications underSection 6 or Section 11 wouldnot be applicable; and in suchcase Land registration/Transfer deed/ Land leaseagreement would only beapplicable.Draft Letter of Assurance (LOA) for Captive Power Plants (CPPs) – LV - V8 – 20 Mar 087
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To [Name & Address of the Assured] Dear Mr./Ms.[______] Subject ...

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