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Notes forming part of the Standalone Financial Statements as at 31 March, 2020
31.

2019-20 2018-19

1,280.51 1,163.38
11.71 17.12
114.95 342.85
94.39 37.49

1,501.56 1,560.83

31.1
(a) The Contract agreement between the Corporation and Northern Railway for the execution of USBRL
Project was initially upto 15.08.2007 and validity of the contract has been extended upto 31.03.2021.

(b) In terms of the contract between the Corporation and Northern Railway for execution of USBRL Project,
monthly account statements are being submitted by the Corporation in the mutually agreed proforma
incorporating all the expenses and 10% prot. So far there is no disallowances of any item of
expenditure. Disallowance if any will be incorporated in the accounts on its occurance.

NTPC Kudgi Project and NTPC Gadarwara Project was awarded to KRCL on bidding basis. KRCL is
eligible for management fees of certain percentage of the estimated cost of the works and the expenses
other than project related, like Salary, Administrative expenses are to be born by the corporation.

32.

2019-20 2018-19

7.28 5.53
7.08 1.85

14.36 7.38

205