Se ee PRADESH F 928684 sou: too] 8. a SRINIVAS . IL, No. 74/93 tre... 5 Ramana 7.40070, ane saa wok. C10) Bone Salkamoor Road, Hvderahad-te ICIOL BANK LIME i GIB, IIc} Ban'e Tower, Level-t, West Wing, 1-11-2865, Street No.1, Begumpet, HYOERABAD - 600 016. Ph : 040.2778 4136) 4159 Fax : 040-c0335220 No.0008BG00059407 dated 26-07-2007 for Rs.14,00,00,000/- (Rupees Fourteen i This Stamp Paper forms an integral part of Bank Guarantee { Crores Only) on behalf of M/s Tata Projects Limited For IGIGl BANIK LIMITED vf Bank LIMITED | [cRanreort putnonses Signatory ot i ow SS famacheryulu KV! ignatory 1 VENTA RAMAN Breae wate OMKAR SAN «72(SSF Ara Te ANDHRA PRADESH F<$928685,-20 Ons lt) sane ¥ Sal ae P. SRINIVAS BV.L. No. 74/93 R.No, 4/93 B.No, 242 7-1-400/10, AMEERPET, $i alkemoet Road. Hderabad.16 $1 es 11 Bans. Lim. This Stamp Paper forms an integral part of Bank Guarantee No.0008BG00059407 dated 26-07-2007 for Rs.14,00,00,000/- (Rupees Fourteen f Crores Only) on behalf of M/s Tata Projects Limited Fer IGICl BANK LIMITED |e (Dee a ‘authorised Signatory Authorised Signatory scaTd RAMANA Ww VSS OMKAR — K.vEN 1381 Bamacharyul eesr.No. 051995 BANK GUARANTEE —~ ICICI Bank Limited ICICI Bank {incorporated in India) BG Number: 00088G00059407 1 BID SECURITY AGAINST BID 2 Issue Date : 26.07.2007 3 Expiry Date : 07.03.2008 x Claim Petiod : 07.09.2008 5 Name & Address of Bank : 6 ICICI Bank Limited 7 8 1-11-256, Street No.1 Begumpet, Hyderabad ~ 500 016 9 To, 10 Maharashtra State Power Generation Co. Ltd. Il °Prakashgad!, 3" Floor, 12 Bandra (East), 13 Mumbot 08 a 2 i" 14 The ICICI Bank Limited hereby agrees unequivocall my one lly to pay at 15 Mumbai within 48 hours on demand in writi he-Maharashtra State Power 16 Generation Co. Ltd., or any Officer a saci is behalf, any amount up to and 17 not exceeding Rs.14,00, ne 209 ‘ores only) to the said Maharashtra 18 State Power cant Mis.Tata Projects Limited who have 19. tendered for sui a and services for Balance of Plant Package 20 on EPC basis aes 'S Expansion Project 2 x 500 MW at Bhusawal, Jalgaon 21. Distt. Maharashtia to the Maharashtra State Power Generation Co. Lid., 22, This agreement shall be valid and binding on this Bank up to and including 07.03.2008 23 and shall not be terminable by notice or any change in the constitution of the Bank or the 24 firm of contract or by any other reasons whatsoever and our liability hereunder shall not 23._be impaired or discharged by any extension of time or variations or alternations made, 26 given, concerned or agreed with or without our knowledge or consent, by or between 27 parties to the said within written contract. We will extend the validity of this Bank 28 Guarantee for the further period of six months, one month priar to its present validity 29 period at the request of M/s.Tata Projects Limited. F 1616! BAHIK LIMITED Pagelor Sa Speuconasaca oo NATH . <= OMAR SE pa1? Regd. Office: ” Landmark", Race Course Circle , Vadodara-390 007. Phone : 0265-2339923-25 Fax: 0265-2330926 E-mail: corporatecare@icicibank.com SWIFT ; ICIC IN BBsr.No. 51996 i! SAM GUARAITEL—__ i .___ ——_ 0— ICICI Bank Limited ICICI Bank (Incorporated in India) BG Number: 00088G00059407 In case of any dispute arising out of or in connection with the extension or encashment of 31 Bank Guarantee, the courts in Mumbai will have the jurisdiction. 32 Our liability under this Guarantee is restricted to Rs.14,00,00,000/- (Rupees Fourteen 33 Crores only) . Our Guarantee shall remain in force until 07.03.2008 . Unless a suit or 34 action to enforce a claim under the guarantee is filed against us within six months from 35 the date, all your rights under the said guarantee shall be forfeited and we shall be 36 relieved and discharged from all our liabilities thereunder. 37 NOTWITHSTANDING anything contained herein : 38 i) Our liability under this bank guarantee shall not exceed Rs.14,00,00,000/- (Rupees 39 Fourteen Crores only) 40. ii) This bank guarantee shall be valid upto 07" March, 2008 ; and 42 Guarantee only and only if you serve upon us a written clai don or 43 before 07" September, 2008 (date of expiry of guarant 1d. level a4 IV, 1-11-286, CIBD, Airport Road, Begumpet, OS ~806 45 Gh Signature: Nass 47 Bank’s Rubber Seal and 41 ii) we are liable to pay the guaranteed amount or any part thereof under this Bank jank’ 48 Full Address 49 ICICI Bank Ltd, level IV, 1-11-256, CIBD, Airport Road, Begumpet, Hyderabad - 500 016 Ff ISIC! BANK LIMITED Page2of2 aSignatory Autho! eiSetory Jeeta a Pmpe ner fB pom cpa rem oe Ramachary” 1047 AR SAINATH roe S 247? Regd. Office: “ Landmark”, Race Course Circle , Vadodara-390 007. Phone : 0265-2339923-25 Fax: 0265-2339926 E-mail: corporatecare@icicibank.com SWIFT : ICIC IN BB