Annexures -V
Following clauses of EPC Agreement are amended as under.
S. No. Clause No. Existing Clause
1 19.10-iv-d of BO = The official retail price of
EPC bitumen at the nearest refinery at
Agreement [Panipat] on the Base Date.
2 19.10-iv-d of BI = The official retail price of
EPC bitumen at nearest refinery at
Agreement [Panipat], on the first day of the
month three months prior to the
month to which the IPC relates.
3 19.10-iv-d of FO =The official retail price of high-
EPC speed diesel (HSD) oil at the
Agreement existing consumer pumps of Indian
Oil Corporation (“IOC”) in the State
of [Haryana] on the Base Date.
4 19.10-iv-d of FI = The official retail price of
EPC HSD at the existing consumer
Agreement pumps of IOC in the State of
[Haryana] on the first day of the
month three months prior to the
month to which the IPC relates
5 19.10-iv-d of LO = The consumer price index for
EPC industrial workers for the [circle ****
Agreement in the State of Uttar Pradesh],
published by Labour Bureau,
Ministry of Labour, Government of
India, (hereinafter called “CPI”) for
the month of the Base Date.
Amended Clause.
BO = The official retail price of
bitumen at the nearest refinery at
[Mangalore] on the Base Date.
BI = The official retail price of
bitumen at nearest refinery at
[Mangalore], on the first day of the
month three months prior to the
month to which the IPC relates.
FO =The official retail price of high-
speed diesel (HSD) oil at the existing
consumer pumps of Indian Oil
Corporation (“IOC”) in the State of
[Karnataka] on the Base Date.
FI = The official retail price of
HSD at the existing consumer pumps
of IOC in the State of [Karnataka] on
the first day of the month three
months prior to the month to which
the IPC relates
LO = The consumer price index for
industrial workers for the [circle ****
in the State of Karnataka], published
by Labour Bureau, Ministry of
Labour, Government of India,
(hereinafter called “CPI”) for the
month of the Base Date.