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Cost Revision

GUIDELINES  FOR  IMPLEMENTING  COAL  RESEARCH  PROJECTS


16.0  REVISION OF COST OF PROJECT/REAPPROPRIATION OF FUNDS 

  • Proposal for augmenting / revision of the overall sanctioned cost of the project would not be entertained as a matter of policy, save in exceptional cases. Request for revision of cost should be sent using proforma(Form VIII), in 50 copies, through the Head of the Institution. 

  • The items for which reappropriation is allowed in order to augment the provision, should not result in exceeding the limits of expenditure on that particular item laid down in the guidelines for implementing coal research projects. The overall ceiling on items such as travel, contigency, organising and attending the seminars, symposia should not be exceeded.

  • "CMD, CMPDI is however, authorized to approve increase in cost solely due to exchange rate variation which should be subsequently ratified by SSRC. For this purpose implementing agency will be required to submit to CMPDI item wise details of imported equipment provided in the approved proposal along with their value in foreign currency and equivalent Indian rupee, present value of each of these equipment in foreign currency, Indian rupee and prevailing rate of exchange etc. Any approval of revision of the cost by CMPDI on this account should be communicated to SSRC Sub-Committee and SSRC in its next meeting with required calculations and figures".