final kamal hppcl

8/2/2019 Final Kamal HPPCL

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A Project Report

On

Financial Policies of HPPCL

Under the guidance of

Mr.CHANDAR PRAKASH SHARMA

Submitted by

DEEPESH CHAUHAN

REG. NO. 520966401

IN PARTIAL FULFILLMENT FOR THE AWARD OF DEGREE IN

MASTERS OF BUSINESS ADMINISTRATION

JAN 2010 TO MAR 2012

DELHI BUSINESS SCHOOL

NEW DELHI



2

Acknowledgement

Perseverance, inspiration and motivation have always played a key role in the

success of any venture. In the present world of cut throat competition project is

like a bridge between theoretical and practical working, willingly I have prepared

this project.

First of all, I would like to thank the supreme power, the almighty God who is

obviously the one who has always directed me to work on the right path of my life.

Only with Almighty’s grace this project could become a reality.

I feel highly happy with the way my training report on “ HIMACHAL PRADESH

POWER CORPORATION LTD.” has been completed.

Any accomplishment requires the efforts of many people and this work is not

different. Firstly, I would like to extend my sincere thanks to Chander Prakash

sir for his esteemed co-operation and support throughout the completion of this

project.

Finally, I would like to thank all HPPCL employees, respondents and other people

who directly or indirectly helped me in completing my training project.

NAME OF STUDENT

Deepesh Chauhan



3

Preface

Management is considered an art as well as science. Management is

considered as a science because it consists of various principles and art

because managers apply management principles in the manner most

suitable to them. Therefore, in order to develop an insight into the practical

world for whatever has been learnt during the MBA course, management

training is undertaken.

Being a commerce graduate the training at Himachal Pradesh Power

Corporation Limited helped me to have a deep insight of the real world of

management especially Finance. Herein my assignment with the Finance

Department helped me gain a deep understanding of the working of the

Finance Department of an organization.

I sincerely hope that the effort I undertook in preparation of this training

report will be of benefit to anyone interested to know more about this

organization.



4

DECLARTION

I, DEEPESH CHAUHAN, hereby declare that all the information furnished in this

PROJECT, is my original work containing authentic facts. This piece of work is only

being submitted to DELHI BUSINESS SCHOOL in the partial fulfillment for the

degree of Master of Business Administration.

DEEPESH CHAUHAN



5

TABLE OF CONTENTS

S. No. Contents Page No.

1. Company Profile 6

2. Organizational

Structure of HPPCL

9

3. HPPCL Projects in

Himachal Pradesh

17

4. Functional

Departments of

HPPCL

27

5. RESEARCH

METHODOLOGY

44

6. Bibliography 47



6

CHAPTER-1

COMPANY PROFILE Of

HP POWER CORPORATION

Incorporation:

Himachal Pradesh Power Corporation Limited (HPPCL), was incorporated in December

2006 under the Companies Act 1956, with the objective to plan, promote and organize

the development of all aspects of hydroelectric power on behalf of Himachal Pradesh

State Government (Gov.H.P) and Himachal Pradesh State Electricity Board (HPSEB)

in Himachal Pradesh. The Gov of HP has a 60% and HPSEB a 40% shareholding in

HPPCL. Special Purpose Vehicles namely Pabber Valley Power Corporation (PVPC)

and Kinner Kailash Power Corporation (KKPC), earlier owned by HPSEB, have been

merged with HPPCL with the objective of developing new hydro projects in their

respective river basins.

The Company is a ‘Company Limited by Shares’ and accordingly:

a) The number of members for the time being of the company is not to exceed eight

excluding (i) persons who are for the time being in the employment of the

Company, and (ii) Persons who having been formerly in the employment of the

Company were the members of the Company while in that employment and have

continued to be members after the employment ceased : but where two or more

persons hold one or more share in the Company jointly, they shall for the

purpose of this Article, be treated as a single member.



8

Mission, Aim, and Targets:

Mission: Development and prosperity in Himachal Pradesh through Power

generation.

Aim: To come up as a major power generating company of India with good

managerial and technical capabilities.

Target: To develop 3000 MW Power generating capacity by March 2017 and;

5000 MW by the year 2022.



9

Organizational Structure Of HPPCL



10

Like all Power Companies HPPCL is also regulated by the Indian

Electricity Act, 1948 main guidelines of which are given below:

INDIAN ELECTRICITY RULES, 1956

General Safety Precautions:

1. Construction, installation, protection, operation and main electric

supply lines and apparatus:

All electric supply lines and apparatus shall be sufficient in power and size and of

sufficient -mechanical strength for the work they may be required to do, and, so far as is

shall be constructed, installed, protected, worked and maintained in accordance with the

standards of the Indian Standards Institution so as to prevent danger.

2. Service lines and apparatus on consumer's premises:

i. The supplier shall ensure that all electric supply lines, wires, fittings, and apparatus

belonging to him or under his control, which are on a consumer's premises, are in a safe

condition and in all respects fit for supplying energy he supplier shall take due

precautions to avoid danger arising on premises from such supply lines, wires, fittings

and apparatus.

ii. Service lines placed by the supplier on the premises of a consumer which are

underground or which are accessible shall be so insulated and protected by the supplier

as to be secured under all ordinary conditions mechanical, chemical or other injury to

the insulate.



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iii. The consumer shall, as far as circumstances permit, take precautions for the safe

custody of the equipment on his premises belonging to the supplier.

iv. The consumer shall also ensure that the installation under his control is maintained in

a safe condition.

3. Cut-out consumer's premises:

i. The supplier shall provide a suitable cut-out in each conductor of every serviceline

other than an earthed or earthed neutral conductor or the earthed externalconductor of

a concentric cable within consumer's premises, in an accessible position. Such cut-out

shall be maintained within an adequately enclosed fireproof receptacle.

ii. Where more than one consumer is supplied through a common service line, each

such consumer shall be provided with an independent cut-out of junction to the common

service.

iii. The owner of every electric supply line, other than the earthed or earthed neutral

conductor of any system, or the earthed external conductor of a concentric cable, shallprotect it by a suitable cut-out.

4. Identification of earthed and earthed neutral conductors and

position of switches and cut-outs therein:

Where the conductors include an earthed conductor of a two-wires stem or an earthedneutral conductor of a multi-wire system or a conductor which is to be connected

thereto, the following conditions shall be complied with: -- (1) An indication of a

permanent nature shall be provided by the owner of the earthed or earthed neutral



12

conductor, or the conductor which is to connected thereto enable such conductor to be

distinguished from any live conductor.

Caution Notices:

The owner of every medium, high and extra high voltage installation shall affixpermanently in conspicuous position a caution notice in Hindi and the local language of

the district, and of a type approved by the Inspector on

a) Every motor, generator, transformer and other electrical plant and equipment

together with apparatus used for controlling or regulating the same.

b) All supports of high, and extra-high voltage overhead lines

c) c. Luminous tube sign requiring high voltage supply, X-ray and similar high-

frequency

Installations : Provided that where it is not possible to affix such notices on any

generator, motor, transformer or other apparatus, they shall be affixed as near as

possible thereto: Provided further that where the generator, motor, transformer

or other apparatus is within an enclosure, one notice affixed to the said enclosure

shall be sufficient for the purpose of this rule.

Accident charge:

The owners of all circuits and apparatus shall so arrange them that there shall be no

danger of any part thereof becoming accidentally charged to any voltage beyond the

limits of voltage for which they are intended. Where A. C. and D. C. circuits are installed

on the same support they shall be so arranged and protected that they shall not come

into contact with each other when live.



13

Precautions to be adopted by consumers, owners, electrical

contractor’s electrical workmen and suppliers:

I. No electrical installation work including additions, alterations, repairs and adjustments

to existing installation, except such replacement of lamps, fans, fuses, switches, low

voltage domestic appliances and fittings as in no way alters its capacity or character,

shall be carried out upon the premises of or on behalf of any consumer or owner, for the

purpose of supply to such consumer or owner, except by an electrical contractor

licensed in this on behalf by the State Government under the direct supervision of a

person holding a certificate of competency issued or recognized by the State

Government: Provided that in case of works executed for or on behalf of the central

government and in the case of installations in mines, oil fields and railways, the Central

Government and in other cases the State Government may, by notification in the official

Gazette, exempt, on such conditions as it may impose, any such work described therein

either generally or in the case of any specified class of consumers or owners from so

much of this sub-rule as requires such work to be carried out by an electrical contractor

licensed by the State Government in this behalf.

II. No electrical installation work which has been carried out in, contravention of sub-rule(1) shall be connected with the works of suppliers.

III. The provisions of sub-rule (1) shall come into force in respect of a State or part

thereof on such data as the State Government may, by notification in the official

Gazette, appoint: Provided that the said provisions shall come into force in any field,

mine or railway or in respect of any work carried out by, or on bet of, the Central

Government only on such data as the Central Government may, by like notification,

appoint.



15

Limit of 40% financing from Indian Financial Institutions waived off.

Tariff determination by SERC/CERC.

Projects upto 25 MW to be transferred to MNES.

HPSEB to purchase power @ Rs. 2.50/kWh from projects upto 5 MW capacity

Banking & Wheeling Facilities permitted @ 2% including transmission losses.

Incentives for small HEP as per GOI Guidelines.

Moratorium of 5 years for payment of Electricity duty by companies which

Consume electricity produced by them.

Invest in Hydro

Investor Friendly New Hydro Policy.

Highly Remunerative.

Availability of Project Due to Large Potential.



16

Transmission Network for Power Evacuation under Planned by PGCIL.

Cheap & Reliable construction power.

Simplified Laws/Rules for transfer of Land.

Amicable industrial Climate.

Good communication Facility such as Telecom, Road network, Air Services etc.



17

HPPCL Projects in HP

Map of Himachal Pradesh

SAINJ

KASHANG

SHONGTONG

KARCHAM

SAWRA

KUDDU

CORPORATE

OFFICE

RENUKAJI

SAWRA

KUDDU

SUNDER

NAGAR

SURGANI

SUNDLA

CHIRGON

MAJHGON

THANA

PLAUN

GYSPA

NAKTHAN



18

Hydel Projects for Implementation:

Initially, HPPCL has taken over staff and projects initiated by PVPC (Sawra Kuddu, 111

MW) and KKPC (Kashang three stages, 243MW). So far allotted project to HPPCL are

as under:-

1. Shongtong Karcham HEP 402 MW

2. Sainj HEP 100 MV

3. Chirgaon Majhgaon HEP 46 MW

4. Sawra Kuddu HEP 111 MW

5. Kashang HEP 243 MW

6.

7.

8.

9.

10.

11.

12.

Renuka

Thana Plaun

Beri Nichali

Nakthan

Gyspa

Khab

Tidong11

40 MW

141 MW

78 MW

520 MW

300 MW

636 MW

60 MW



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In-Hand Projects at a Glance:

HPPCL has already started work on the following hydel-projects:

1. SAWRA KUDDU HYDRO-ELECTRIC PROJECT (111

MW):

Sawra Kuddu HEP has been contemplated as a power generation development

on the Pabbar River in Shimla District (HP). The project comprises of a piano key

weir, an intake structure to draw 78 cumecs discharge through 3 No openings,

surface gutter type desilting arrangement divided into 3 No portions, each 80 m

long 19.5 m wide & 10.5 m deep for exclusion of silt particles down to 0.2 mm

size, 11.145 km long, 5 m dia D-shaped Head Race Tunnel, 14 m dia 82 m high

underground restricted orifice type surge shaft, 4 m dia steel lined pressured

shaft, trifurcating in 2.30 m dia branch shafts, to feed 3 Nos. 37 MW capacity

each vertical axis Francis turbines, housed in an 90 m x 14 m x 39 m size

underground Power House cavity located on the left bank of the Pabbar river

near Snail village.



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2. INTEGRATED KASHANG HYDRO-ELECTRIC

PROJECT (243 MW):

Integrated Kashang HEP envisages development of Kashang and Kerang

Streams, tributaries of the river Sutlej comprising four distinct stages as under:-

• Stage-I (65 MW): Comprising diversion of the Kashang stream, at El.2829 m, to an

underground powerhouse located on the right bank of Satluj near Powari Village,

developing a head of approximately 830 m.

• Stage-II & III (130 MW): Comprising diversion of the Kerang stream, at El. 2872

m, into an underground water conductor system leading to upstream end of Stage-I

water conductor system, augmenting the generating capacity of Stage-I powerhouse,

using Kerang waters over the 820 m head available in Kashang Stage-I powerhouse.

• Stage-IV (48 MW): This stage is more or less independent scheme harnessing the

power potential of Kerang stream upstream of the diversion site of Stage-II. In this

scheme, a head of approximately 300 m could be utilized to develop power in an

underground powerhouse located on the right bank of Kerang stream.



21

3. SHONGTONG-KARCHAM HYDRO-ELECTRIC

PROJECT (402 MW):

Shongtong Karcham Hydroelectric project, a run-of-river scheme on the river

Sutlej in Distt. Kinnaur of HP, envisages construction of 2415 m long diversion

barrage, near village Powari, to divert 464 cumecs discharge to 4 no,

sedimentation chambers, each 300 m long. Water from sedimentation chambers

is further carried through water conductor system comprising 8020 m long 10.00

m dia circular HRT, terminating in 39.5 m dia surge shaft and 3 Nos, 5.1 m steel

lined pressure shafts, to feed three number vertical axis Francis Turbines,

housed in an underground powerhouse, located on the left bank of the river

Satluj near village Ralli, to generate 402 MW of power.

4. SAINJ HYDRO-ELECTRIC PROJECT (100 MW):

Sainj HEP has been contemplated as a run of the river development on river

Sainj, a tributary of River Beas in Kullu Distt. of HP. The project comprises of a

diversion barrage on the river Sainj near Village Niharni, intake arrangement on

right site of barrage for drawing 35.88 cumecs of water, an underground desilting

arrangement with two chambers of 145 m x 15 m x 7 m size each to eject all silt

particles down to 0.2 mm, a 6300 m long 3.76 m dia modified horse shoe shaped

Head Race Tunnel, an underground restricted orifice type 9 m dia, 87 m high

surge shaft and one 2.75 m dia 550 m long steel lined pressure shaft taking off

from surge shaft and further bifurcating to feed two nos.Pelton vertical axisturbines, each generating 50 MW power located in an underground power house

on right bank of river the Sainj near village Suind.



22

5. RENUKA DAM PROJECT (40 MW):

Renuka dam project, conceived as a drinking water supply scheme for the

National Capital Territory of Delhi, envisages construction of 148 m high rock fill

dam on river Giri at Dadahu in Sirmaur district and a powerhouse at toe of dam.

The project will ensure 45640 ha m of live water storage in its reservoir and a

firm water supply to the tune of 23 cumecs to Delhi besides generating 40 MW

power exclusively for use of Himachal Pradesh. The Dam will also result in

generating additional power of 93.83 MU by existing 60 MW Giri HEP. Total cost

of the project at December, 2006 price level is Rs. 2175.00 crore which shall be

borne by Govt. of India/ Govt. of Delhi and other beneficiary states. The project is

scheduled for completion by Nov., 2014.

The main highlight of this project is that it has been declared as a National

Heritage Project by Government of India.



24

HPPCL has a comprehensive Relief & Rehabilitation

programme for affected families

RESETTLEMENT AND REHABILITATION SCHEME FOR PROJECT

AFFECTED FAMILIES:

Whereas for the construction of various Hydro Electric Project besides the Government

land, some private land is also to be acquired by the H.P. Power Corporation Limited.

Due to acquisition of private land for the project, some families will be affected but only

one family shall become land less.

And whereas to protect the interests of the project affected people and landless family

(and any other family affected during construction stage of the project), adequate

arrangements for the resettlement and rehabilitation shall be made in accordance with

Rule 8A of the H.P. Nautor Land Rule, 1963, which provides for forming of a special

scheme for Resettlement and Rehabilitation of persons who are displaced as a result of

anything done for any public purpose.

Now, therefore, the H.P. Power Corporation Limited hereby proposes the following

scheme for Resettlement and Rehabilitation of the persons affected on account of

acquisition/ of their land and other immovable properties along with water rights under

the Land Acquisition Act.1894 for the construction of various Hydro Electric Project.

The proposed scheme is based on the R&R Policy notified by the Govt. of H.P. vide

Notification No. Rev (PD) F (5)-1/1999 dated 27.4.2006.



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OBJECTIVES:

1. To compensate families whose land or other assets are acquired for the construction

of the project.

2. To create better living conditions and to improve by and large the quality of life ofpeople residing in the project area.

3. To contribute to the overall development of the project affected areas.

4. To create good rapport with the local people for long-term relationship and mutual

benefits.

BASIC ISSUES AND NEED FOR R&R ACTION PLAN:

Acquisition of land generally induces change in land use pattern and can disturb the

economic base. The R&R Action Plan is therefore formulated with an objective to

resettle the families rendered landless or affected families whose land/house/shop is

acquired and to rehabilitate them in such a manner that they improve or at least regain

their previous standard of living, earning capacity and production level. Besides, it is

imperative that the transition gap is to be reduced to the minimum possible extent.

With proper resettlement and rehabilitation plan, an amicable relationship with PAFs

can be maintained which is essential for efficient operation of the project. It is generally

seen that the displacement during acquisition of land is involuntary and the PAFs have

to face a new social setup. During such transition period, the rural economic

environment is generally transformed into higher cost of living and reduction in

traditional sources of income. In general, PAFs face difficulty to cope with the new

environmental set up.



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Domestic changes in the land use patterns substantially alter the agro based rural

economy and lifestyle of affected families.

RELIEF REHABILITATION STRATEGIES:

Each project affected family will be suitably compensated by the benefits such as

monitory compensation for land, house and for both etc.

The local population will be provided suitable guidance in the sphere of better

technology and better knowledge base for better living conditions and better

livelihood.

Confidence building measures amongst the local population and project affected

persons in particular to induce a sense of feeling of being cared and heard.

General Development of the project area such as roads, footpaths, footbridges

and community development works etc.

Each PAF shall be issued an Identity Card. This card will be issued by Project

Authorities, which will facilitate PAFs entry in project offices and also for the

purpose of association in various activities of the project.

A Public information Centre (PIC) will be opened in the project area, which will

contain necessary information/details regarding project components and

information pertaining to R&R for the benefits of the PAFs and local people. The

PIC will remain operative for a period of one year after completion of the project.



27

FUNCTIONAL

DEPARTMENTS

OF

HIMACHAL PRADESH

POWER CORPORATION LTD.



28

HUMAN RESOURCES DEPARTMENT

Human Resource Management is the process of acquiring, training, appraising, and

compensating employees and attending to their labor relations, health and safety, and

fairness concerns.

Human Resource (HR) Department deals with the personal aspect of the employees.

This department deals in recruitment, training and promotion of the employees. Human

resource department describes the administrative personnel functions with

performance, employee’s relations and resource planning.

The more common usage within corporations and businesses refers to the individuals

within the firm, and to the portion of the firm's organization that deals with hiring, firing,

training, and other personnel issues.

The objective of human resources is to maximize the return on investment from the

organization's human capital and minimize financial risk. It is the responsibility of human

resource managers to conduct these activities in an effective, legal, fair, and consistent

manner.

Main Functions of HRM in an organization are:

Identifying and Developing Persons

Retaining Suitable Persons

Creating a Work Culture

Educating Managerial Personnel

Conducting Research

Developing a Communication System



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HPPCL also has a Human Resource department.

HR department is well established in HPPCL. This department is commonly known as

personnel and administrative (P&A) section of the corporation. This section deals with

the issues related to the work force of the corporation.

HPPCL is newly formed corporation and the work for development of departments is in

the process. The Human Resource department is also being established along with

other departments of the corporation. Formulation of various HR policies is under

process and will be formulated soon in due course.

HPPCL Human Resource department focuses more on the technical side as its domain

area is production of Hydro Power.

More focus is on providing its new employees full technical knowledge. Most of the

employees are of engineering background. HPPCL has a large manpower which works

in various projects undertaken by the corporation.

Human Resource department is well developed in corporate office situated in Shimla.

HPPCL human resource department deals in providing employees good working

environment and social well being. HPPCL’s human resource department is known as

Personnel & Administration (P&A) section.

HPPCL’s HR department focuses on the followings:

Establishment

Recruitment

Training

A brief of the above functional areas of HR department are given below:



30

Establishment:

The establishment section of HR department in HPPCL deals with record keeping and

maintenance of employee database. All the records are kept by the establishment

section. This section keeps both personnel and administrative records. In establishment

section the (P&A) logistics is maintained.

This department maintains all the service books. This section maintains the records

relating to administrative use of items such as stationery, etc.

Recruitment:

In HPPCL both internal as well as external recruitment takes place. The internal

recruitment is done through promotion, references etc. External recruitment is done

through deputation, selection and other sources.

Recruitment in HPPCL is conducted by the (P&A) section of the corporation. In the

future all the recruitment will be conducted by through Himachal Pradesh Public Service

Commission (HPPSC).

Most of the employees in the corporation are contracted employees. The employees

recruited by the corporation itself are the contracted employees. There is a proposal to

soon regularize all the contracted employees of the corporation.

Most of the employees are on deputation with approximately 90% of the manpower

drawn from Himachal Pradesh State Electricity Board (HPSEB). The rest of employeeson deputation are from HPFC, HPMC and several other government owned

organizations.



31

The work on formulating recruitment policy is under the process. Till the time such

policy is framed H.P. Govt. norms will be followed.

Training:

After the employees are selected they are provided Induction training. Internal training,

seminars and workshop are organized at regular intervals for the development of the

workforce in HPPCL. Main focus of training is on technical aspects as the all the

projects are in construction phase.

Training is funded through Asian Development Bank (ADB) and Himachal Institute of

Public Administration (HIPA). Training is approved by the board of directors and it is

followed accordingly.

Every employee in HPPCL is entitled to training at various levels.

Level of employees in corporation:

Worker: W0 -W11

In this, W8- W11 is supervisory level.

Executive: E0 - E9

Supervisory: S1-S4



32

Workers are entitled up to 2 days training in a year.

Executives are entitled up to 7 days training in a year and 15 days training once in 3

years.

Higher level than executives is entitled to 15 days training in a year and outside India

once in 2 years.

From time to time training is provided to employees in order to update their knowledge.

Some of the Institutes where training is provided are:

Himachal Institute of Public Administration (HIPA)

Power Management Institute, Noida

National Power Training Institute, Faridabad

Energy Staff Council of India, Hyderabad

Administrative Council of India, Hyderabad

National Productivity Council, Mumbai



33

FINANCE DEPARTMENT

The Finance Department of HPPCL is divided into four sections namely:

I. Finance & Accounts

II. Budgeting & Banking

III. Financial Concurrence

IV. Establishment Division

FINANCE DEPARTMENT

Finance &

Accounts

Financial

ConcurrenceEstablishment

Division

Budgeting &

Banking



34

A brief detail of the above departments is given in the following sections:

I. Finance & Accounts:

Following work is undertaken under this wing:

a) Compilation of accounts of all units for review and annual closing and all related

and follow up matters.

b) Finalization of Balance Sheet and annual reports of HPPCL.

c) Policy matters.

d) Filing of all tax returns and all related tax matters.

e) Compilation of expenditure statements and review thereof.

f) AG/CAG Audit matters and tax audit.

g) Maintenance of General Ledger and drawing of trial balance of corporate office

and related monitoring and follow-up matters.

h) PUC/ Vidhan Sabha and other committee matters.

i) Internal Audit/ Statutory Audit ad liaison with Auditors/CAs.

j) Any other work as requirement.



35

II. Banking & Budgeting:

This division of Finance department deals with banking, external funding and budgeting

matters.

Under the Banking section all the matters relating to banking and Bank Reconciliation

Statement (BRS) is dealt with. Here it is important to understand what is meant by

BRS. A BRS is a statement prepared by organizations to reconcile the balance of cash

at bank in a company's own records with the bank statement on a particular date.

This statement is the most common tool used by organizations for reconciling the

balance as per books of company with the bank statement and is made at the end of

every month. The main objective of reconciliation is to ascertain if the discrepancy is

due to error rather than timing.

The difference between the two records on a given date may arise because of the

following:

Cheques drawn but not yet presented to the bank. Cheques received but not yet deposited in the bank.

Interest credited and not recorded in the organization's books.

Bank charges debited but not recorded in the organization's books.

Also in HPPCL all the spare funds are kept in various banks as Fixed Deposit Receipts

(FDRs). Following is an indicative list of the banks with which HPPCL maintains its

bank accounts:

- HDFC Bank

- Punjab National Bank



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- State Bank of Patiala

- Axis Bank

- Corporation Bank

- INDUS Ind Bank

The External Funding section will deal with all the funds received from ADB (Asian

Development Bank) and World Bank in future. This will include all the issues pertaining

to finances approved by both the financial bodies.

Under the Budgeting section Detailed Project Report (DPR) forms the basis of all the

budgeting. An estimated expenditure report is prepared by all the units of HPPCL after

which evaluation is undertaken by the budgeting team of Finance department.

At all times care is taken to ensure that all the budgets are in compliance with DPR.

Correction of overestimation and underestimation is also made by the budgeting team.

Compilation of all units’ budgets is done by this wing of Finance department. Post

which the complied budgeted report is sent to Board of Directors (BOD) for approval



37

III. Financial Concurrence:

The Concurrence Department makes sure that all the financial tenders are prepared

according to the DPR.

Following are the items which are submitted by Concurrence wing:

1. Reference of indent/item in the DPR.

2. Whether tender/ quotation has been floated.

3. Whether administrative and technical approval obtained from the competentauthority.

4. Comparative statement of tender/quotation.

5. Percentage of increase on scheduled rates.

6. I case of increase justification thereof.

7. Time limit provided in the contract.

8. Volume of work to be completed within the time, provided in the contract or as a

consequence of any directions.

9. Any LD/Penalty to be imposed due to delay as per terms ad conditions of the

contract.

10. Budgetary provisions.

11. Reference of specific Item No. under which sanction/ approval sought underDelegation of Powers.



38

IV. Establishment Wing:

This wing of Finance department oversees the preparation of all vouchers, cash book,

salary slip preparation, cash disbursement and claims of the staff. ALL RECEIPT AND

Payments are looked after in this cell.

All the matter relating to payment of travelling allowance, dearness allowance, medical

bills, every kind of payments whether to a contractor or firm for a hired vehicle, office

stationery are dealt by this wing.

Records of all the transactions are maintained in appropriate books of accounts by the

establishment wing of finance department.

A salary slip will normally constitute the following items:

Basic

Pay

Dearness

Pay

Interim

Relief

Total DA

based

on

fixed

%

HRA Capital

Allowance

Liver

y

Allo

wan

ce

Washing,

Electricity

Allowance

Special

Section

Allowance

Arr

ear

s

Total Less

Pensi

on

G

r

o

s

s



39

INFORMATION TECHNOLOGY

DEPARTMENT

The IT department is concerned with website designing, coding, updation and linking of

the corporation’s website.

All the troubleshooting matters of IT are handled by this department. Records of all IT

infrastructures are kept by the same.

After this work uploading of web pages are done by Department of Information

Technology (DIT), of Himachal Pradesh Government. The office of DIT is situated in

Khalini, Shimla.

Currently only the corporate office is equipped with wireless broadband internet

connectivity. Remaining departments of HPPCL will be computerized in due time. Also

all the tenders related to computer hardware and all IT related equipment are floated by

this department.

At present DGM-IT department reports to Director of the corporation.



40

ELECTRICAL CONTRACTS & DESIGN

CELL

I. ELECTRICAL CONTRACTS CELL:

The Electrical Contracts cell engages in preparation of bidding documents for the

acquisition of Electro-Mechanical equipments of the hydro projects.

Bidding documents lay all the technical specifications relating to specific turbines and

generators as per the requirements of the said hydro power project.

Commercial bidding is the second part of the bidding document prepared by the

Electrical Contracts Cell. Joint bidding in joint venture form is also accepted by the

department.

In a bidding document there are certain conditions laid down which are:

1. General conditions

2. Special conditions



42

II. ELECTRICAL DESIGN CELL:

In an Electrical Design Cell a preliminary survey is conducted followed with an

Intermediate and Final Survey of the project site.

This section deals with designing of parts and sub parts including the inner, outer and

radial diameter of the respective turbines for commissioning in the hydro project. The

Electrical Design Cell follows both ISBR and IS (Indian Standards) Codes.

Any Electro Mechanical Equipments design specifications are laid by this cell.



43

METHODOLOGY

(1) Preliminary Survey: - The project study was undertaken general discussion

and informal interview with the customer both possessing and prospective.

The objective were set mainly to gain an idea about consumers buying

behaviors of SUVs.

(2) Data Collection: - The data were collected from primary sources. The

primary data were collected from the customer both possessing and

prospective. Surveying method through personal or direct interviews with

the help of questionnaire-designed specification for the purpose did this.

(3) Questionnaire Design:- Primary data was collected through well framed

questionnaire. The questionnaire had two parts, one part for possessing

customers and other part for prospective customer. Question was framed

keeping mind. The various information required as per the objectives. Eachquestion was directed towards getting information regarding Maruti as

well as other competitors. The questionnaire contained both open ended

and close ended question. Also question with multiple-choice answers,

degree of importance scale etc. were included. All effort were made to that

the questionnaire was simple and precise and also adequate SUVse was

taken about the language, structure and format of questionnaires.



44

(4) Sample Size: The sample was selected on the basis of simple random

sampling. A total 50 customer surveyed where 44 were processing and 6

were prospective customers.

The total sample size in segmented under the following zones:

Zones:

1. Snowview Automobiles.

2. Main Road, Kachi Ghati.

3. NH22.

4. Various business establishments in Solan.

(5) Analysis: The data collected from the customer were analysed using

different standard statistical tools and techniques each of the question

were analyzed to find out the purchasing behaviour of different SUVs with

reference to Maruti motors.

(6) Scope: The scope of the project is define by the objective of the study it

self. If the study was basically for the fulfillment at its objectives. This

means that scope of this project study is restricted to consumers buying

behaviours of Maruti SUVs among the other brand in the market.

Scope of this project is also restricted to the area of field survey in

Solan. The study does not include any other area like finance personnel

product etc.



45

(7) Limitations: With many point the study of this project suffered from many

limitation also, likewise as the sample is low I cannot analyze many

respondent, as the survey may also suffer from bais results.

(8) Recommendation: Recommendation were made or the based of finding

drawn from the project analysis.

Conclusion: Conclusion were made on the finding and analysis of the survey.



BIBLIOGRAPHY

Bibliography

Name of the Author/Publisher Year of Publication Name of the Books

1. Kotler Philip Eighth Edition (1994) Marketing Management

2. RSN Pillai Bhagavathi Thirteenth Edition(2003) Modern Marketing Principle

and Practices

3 C.R. Kothari Second Edition (1990) Research Methodology

Websites:-

http://www.wikipedia.org

http://www.mahindra.com

http://www.google.com

http://www.mahindra.com/


http://www.google.com/

http://www.google.com/


final kamal hppcl

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