1. I. Details of lease finance availed from M/s IL&FS and M/s HDFC in respect of Sirsi-Guttur line II. Details of capitalisation

2. Present Cost of 400 KV DC : Sirsi – Guttur Line based on recent rates given to M/S L & T by PGCIL in respect of 400 KV Kaiga-Narendra line 63.27 Written Down Value by depreciating by 7.39% on W.D.V Basis48.40 Written Down Value by depreciating by 3% on Straight Line Method Basis56.63 Written Down Value by depreciating by 2.57% on Straight Line Method Basis (Rate prescribed by CERC for lines on fabricated steel operating at nominal voltages higher than 66 KV) 57.58 Note : 1) Date of Commission : 16-09-2001. 2) Depreciation is computed for the period from 01-04-2001 to 30-09-2004. 3) W.D.V of Rs. 57.58 Cr. is acceptable to KPTCL subject to approval of the Corporation. NET ASSET VALUES OF SIRSI-GUTTUR LINES AS ON 30-09-2004 Rs. in Cr.

3. I. SUB LEASEILFS up to 30-09-08 HDFC up to 31-03-07 Total PGCIL continue to pay lease rentals up to the expiry of lease period 10.131.5311.66 Options to PGCIL Rs. In Cr. II. If PGCIL Takes over the Assets Cost to be paid to KPTCL at WDV as on 31-03-2005 + Applicable Taxes if any 57.58 Addl. Expenditure to be incurred by KPTCL consquent to predetermination of lease agreement 1.16