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2002-2003 - Gati

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ANNEXURE - I<br />

In accordance with the requirement of Section 217 (1)(e) of the Companies Act, 1956 read with Companies<br />

(Disclosure of Particulars in the Report of Board of Directors) Rules, 1988, particulars regarding conservation of<br />

Energy, Technology Absorption and Foreign Exchange Earning and Outgo are given hereunder:<br />

A. Conservation of Energy<br />

Both company vessels MV Gati-1 and MV Gati-2 are run at the optimum speed to conserve fuel and maintain the<br />

required speed. Also specific fuel consumption of the vessels are maintained keeping the plant and machinery<br />

under planned maintenance schedule and using the correct fuel grade at the best price.<br />

In Cargo Management Services Division, the following measures are taken:<br />

1. Selection of vehicles for route operation is carefully done considering the design and other requirements for<br />

pollution free operation.<br />

2. Pollution control and fuel consumption is monitored regularly for improvement.<br />

3. Old vehicles are replaced, thereby consumption of oil is reduced.<br />

4. Drivers training programs are being conducted periodically to improve their operating skills and to minimise<br />

fuel consumption.<br />

B. Foreign Exchange earning and outgo<br />

The particulars of earning and expenditure in foreign exchange during the year are given as additional information<br />

in Schedule 23 – Notes on Accounts.<br />

22

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