Capex for Civil work in Tank Farm Area

Department Safety Number

Date 22.07.10
Project Classification :-
A) Application

a) Spares for process equipments

1 Insurance
2 Chain Maintenance
3 Others
b) Other spares
c) New product development
d) Productivity Improvement
e) Quality
f) Consumables
g) Energy saving
h) Safety measures
i) Environmental measures
j) Employee facilities
k) Others( please specify the nature)

B)
a) Budgeted (if yes, please the Budgeted amount) OR
b) Non Budgeted
C)
a) Replacement
i) Date of last purchase
ii) Amount Incurred
iii) Expected life of the last procurement
iv) Expected life of new procurement
b) New

(D) Description of the proposed investment( along with the Technical Specification)
Civil work in tank farm area including platform for water monitor, fire station, & wire wide around tank farm area.

(E) Justification (quantify benefit wherever possible) Particulars/Remarks

Use Make convenient place for fire fighting & prevent
1 unauthorized entry in tank farm area
2 Purpose of purchase To fulfill legal compliance, make convenient
place for fire fighting
3 Detail of Replaced Item, if any
4 Benefits of Purchase in terms of cost saving, Make effective fire fighting system in plant &
capacity enhancement, improved technique of fulfill legal compliance
production, manpower reduction etc
( To be quantified to the extent possible)
5 Basis for the selection of particular make &
Vendor
( give the detail of all the parameters considered
for selection)
6 Any other Information
(F) Total Cost Amount Particulars/Remarks
Basic 292628 Civil cost
Duties( nature) & VAT 30433
Transportation & Insurance Cost
Installation Cost
Cost of internal spares/ other resources
Any other cost incurred
323061
Less:
Benefit of Modvat/VAT( not available for Line -7 &8) etc
Cash Inflow from replaced Items
Net Investment 323061
Note:- Provide all the details relating to the duty
paid and duty credit allowed

(G) Other Costs Amount Particulars/Remarks

Plant shutdown duration
Employees training and skill updation required
Changes in other facilities and consequent effect on production or operation

Raw material / stores and spares requirement

Additional manpower cost
Maintenance and servicing cost
Power / Oil and Fuel consumption
Any other cost

(H) Project Evaluation – NPV/IRR, Pay Back Period / Break Even Point ( calculate to the extent possible)
(to be given jointly by the initiating department and A & F / Commercial department)

(I) Any Other Comment Or Remarks

This work had not done during project phase

(J) Expected Time Schedule and Priority

Approvals and Acknowledgements Signature Date Remarks

Project Originator

Department Head

Head Plant

Unit CFO

PCH/ DMC

Head Corporate Projects

Head Corporate Purchase

Head Corporate planning

Group CFO

COO

CEO

Notes:
Ø     All the above information is mandatory
Ø     Capital Expenditure Proposal Form (CEPF) is to be vetted by Unit F&A department.
Ø     CEPF is to be filled irrespective of the financial powers defined i.e. even if the CAPEX amount is with in the financial powers of Plant Head/PCH
Ø     All the supporting documents relating to the proposal must be kept at unit level for Internal Audit