The World Bank New Delhi Office Phone: +911141479301/+911149247601 INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT 70 Lodi Estate OFFICIpgung Address : P.0 Box 416 INTERNATIONAL DEVELOPMENT ASSOCIATION New Delhi - 110 India M)CUMENTS t / May 21, 2015 Chairman anaging Director Tehri ro Development Corporation Limited (THDCL) Pr atipuram y Pass Road Rishikesh - 249 201 Uttarakhand Dear Mr. Sai: Vishnugad Pipalkoti Hydro Electric Project (IBRD Ln. 80780-IN) Extension of Deadline for the Submission ofAudited Financial Statements I refer to the Loan Agreement (Loan No. 80780) entered into between Tehri Hydro Development Corporation Limited (Borrower) and the International Bank for Reconstruction and Development (Bank or World Bank) for the financing of the Vishnugad Pipalkoti Hydro Electric Project. I further refer to the letter dated January 21, 2015 from Mr. Anil Pradhan, on behalf of the Department of Economic Affairs (DEA), Ministry of Finance, Government of India, whereby India requested the extension of the deadline for the submission of the Financial Statements (as defined in the applicable General Conditions and/or Standard Conditions) of all projects financed by the World Bank, from six (6) to nine (9) months after the end of the respective fiscal year. Accordingly, I am pleased to confirm to you that, after due consideration, the World Bank has agreed to extend the above-referred deadline from six (6) to nine (9) months for all Loan Agreements, Financing Agreements, Grant Agreements and, as the case may be, Project Agreements in the Indian portfolio. Please indicate your agreement with the proposed extension for the above-mentioned Loan Agreement (Loan No. 80780), on behalf of THDCL, by countersigning and dating the form of confirmation herein below, and by returning one signed original copy of this letter for our files. Headquarters: Washington, D.C., U.S.A Y 5 Mr. R. S. T. Sai -2- May 21, 2015 This letter of amendment shall become effective on the date of countersignature, upon the World Bank's receiving a countersigned original of this letter, duly executed by an authorized representative of THDCL. Yours sincerely, INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT Onno Ruhl Country Director, India Agreed: TEHRI HYDRO DEVELOPMENT CORPORATION LIMITED By: Authori Representative Name: b1E PAK SARWAL Title: _L4KCC Lt y- 4'Alyt\twe Date:______ __ Mr. R. S. T. Sai -3- May 21, 2015 cc: Mr. Subhash Chandra Garg, Executive Director, World Bank, Washington Mr. L. K. Atheeq, Senior Advisor to ED, World Bank, Washington Ms. Aparna Bhatia, Director (MI), DEA, MOF, GOI, New Delhi Ms. Meenakshi Sharma, Director General (PPG), O/o C&AG, New Delhi Mr. S. G. Dastidar, Controller, AA&A, DEA, MOF, GOI, New Delhi