CA Anoop Kumar Jairath, Partner (Membership # )

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CA Anoop Kumar Jairath, Partner (Membership # 0 8 6 5 1 5) ACADEMIA of CA Anoop Kumar Jairath B.Com from Delhi University Fellow Chartered Accountant (F.C.A) SAS (COMMERCIAL) from Comptroller & Auditor General of India, New Delhi Total post qualification experience : 24 Years Areas of Expertise : Provide core financial consultancy to Projects in Infrastructure Sectors & in Project Finance Professional Experience: From 1987 to 1991, worked as a Gazetted officer in the Commercial Audit Wing in the office of Comptroller & Auditor General of India. Since 1991, engaged in Full time Private Practice as a proprietor of M/s Anoop Jairath & Co., Chartered Accountants & Partner of M/s P A R Y & Co., Chartered Accountants since 2003. Work experience from 1987 to till date is as follows:- I. CONSULTANCY IN POWER SECTOR POWER FINANCE CORPORATION LTD.(PFC) (A Govt. of India Undertaking & a Navratna company) Financial Consultancy for proposed modification to the Standard Bid Documents (SBD) issued by Ministry of Power, Govt. of India. The terms of reference included the review of Standard Bidding Documents including Request for Qualification (RFQ), Request for Proposal (RFP) & Power Purchase Agreement (PPA) & in consultation with the Ministry of Power propose amendments & finalize the draft for the final approval of the Ministry. The defined scope of work requires regular coordination with the team of legal consultants & with the Ministry of Power & Ministry of Law. Financial Consultancy for Talwandi Sabo Power Ltd. & Nabha Power Ltd., (Projects of PSEB). The Scope of work included evaluation of RFQ & RFP responses, attending the pre-bid meetings and reply the queries raised by PSEB officials and bidders, framing of PPA, Share Purchase Agreement, Compliance of Companies Act and Indian & International Accounting & Auditing Standards and practices in relation to Power Sector which provided exposure to power sector policies and Electricity Regulatory matters. Financial Sub-Consultancy for Company Law and related matters (Incorporation of Special Purpose Vehicle (SPVs) for Ultra Mega Power Projects (UMPP). Financial sub-consultancy for Sasan Power Ultra Mega Power Project regarding financial and accounting matters.

(ix) Consultancy to PFC for its client i.e. Jharkhand State Electricity Board(JSEB) Govt. of Jharkhand for setting up of power project at Jharkhand with two other participating states of Bihar & Uttar Pradesh. Consultancy for hiving off consultancy business of PFC to a Wholly Owned Subsidiary namely PFC Consulting Ltd. Consultancy for setting up of a society namely Power Project Progress Assessment Society under the initiative of Ministry of Power, Govt. of India. Consultancy for setting of PFC DISTRIBUTION INFRASTRUCTURE FINANCE Ltd. under the Accelerated Power Development and Reform Programme (APDRP) scheme initiated by Ministry of Power, Govt. of India. Providing Lender s Financial Advisor (LFA) services on behalf of PTC India Financial Services Ltd. for Greta Energy Ltd. in connection with its 15 MW Project in Mul, Maharashtra. NTPC LTD. (A Govt. of India Undertaking & a Navratna Company) Conducted internal audits of following units: a. Faridabad Gas Power Project b. Regional Head Office, Patna c. Transport & Custom Clearance Office, Chennai In respect of above assignments, following services have been provided: Review of bidding process in allotment of contracts for setting up power plants on BOLT/BOT basis. Review of compliance of pre & post award conditions of contract. Review of running bills of contractors. Review of Internal Controls related to payments & expenses & purchase of assets, inventories & consumables. Review of all procurement procedures & allotment of procurements contracts. Review of inventory & funds management. POWER GRID CORPORATION OF INDIA LTD. (A Govt. of India Undertaking & a Navratna Company) Conducted internal audits of following units: a. Load Dispatch Centre, Mumbai b. Regional Head Office, Patna c. Transmission Projects under Regional office, Raipur

In respect of above assignments, following services have been provided: Review of bidding process in allotment of contracts for setting up power plants on BOLT/BOT Basis. Review of compliance of pre & post award conditions of contract. Review of running bills of contractors. Review of Internal Controls related to payments & expenses & purchase of assets, inventories & consumables. Review of all procurement procedures & allotment of procurements contracts. Review of inventory & funds management II. CONSULTANCY IN HIGHWAYS SECTOR Provided Financial & Project Consultancy and Bid Process Management Services to AAP Infrastructure Ltd. for development of 114 Km Seoni Balaghat Gondia Project on BOT basis (A Project for MPRDC-An undertaking of Govt. of Madhya Pradesh) which included the following services: (ix) (x) (xi) (xii) Review of detailed project reports and cost estimates. Review of Project implementation schedule and financial viability. Review of traffic studies and tolling options. Assessments of estimates of Toll Revenues and conducting risk assessment. Negotiating frameworks for the bidding packages for BOT concessions. Suggesting measures to improve the financial and commercial viability. To evaluate the financial impact of various provisions in the concession agreement To estimate the values of basic bidding options/criteria; and developing cash flows Finalisation of bidding documents after consulting all the stakeholders and negotiating the concession agreement. Assist in evaluation of RFQ and financial proposals. Assist in preparation of proposal for credit rating. Assist in Loan Syndication, negotiation with financial institutions and placement of Debt/Equity; and continued assistance till financial closure. Providing Financial & Project Consultancy & Bid Process Management Services to National Highway Authority of India (NHAI) as Senior Financial Analyst for following 09 (Nine) National Highways projects of NHAI for implementation on PPP(BOT/Annuity) model under Phase-III & V of NHDP : Four Laning of Kundapur Surathkhal Section of NH-17 in the State of Karnataka under BOT (TOLL) Basis.

(ix) Four Laning of Patna-Muzaffarpur Section of NH-77 in the State of Bihar under BOT (TOLL) Basis. Four Laning of Raiganj-Dalkhola Section of NH-34 in the State of West Bengal under DBFOT (TOLL) basis. Four Laning of Hazaribagh-Ranchi Section of NH-33 in the State of Jharkhand under BOT (Annuity) Basis. Four Laning of Parwanoo-Solan Section of NH-22 in the State of Himachal Pradesh under BOT Basis. Two Laning of Muzaffarpur-Sonbarsa Section of NH-77 in the State of Bihar under DBFOT (Annuity) Basis. Two Laning of Trichy-Karaikkudi Section of NH-210 in the State of Bihar under BOT (Annuity) Basis. Two Laning of Dindigul-Theni Section of NH-45 & NH-220 in the State of Tamil Nadu under BOT (Annuity) Basis. Two Laning of Tindivanum-Krishnagiri Section of NH-66 in the State of Tamil Nadu under BOT (Annuity) Basis. In respect of above assignments, following services have been provided: Review of Model Concession Agreement, Financial appraisal and modeling of the project, and estimation of positive or negative Viability Gap Funding. Preparation and issue of complete RFP documents along with Schedules to the Draft Concession Agreement. Assistance in Pre-Bid meeting and replies to the Pre-bid queries. Assistance in evaluation of RFQs, Bids & issue of Letter of Award. Satisfaction of bid conditions before signing of the Concession Agreement. Satisfaction of the Condition Precedent by the Parties before the Appointed Date. Review and examination of the financing documents and other agreements submitted by the concessionaire at the time of financial close. Providing Financial & Project Consultancy & Bid Process Management Services to Jaipur Development Authority (JDA) as Financial Analyst for Six Laning of Jaipur Ring Road from Ajmer Road to Agra Road Section at Jaipur in the state of Rajasthan on DBFOT (Toll) basis which included the following services: Review of Model Concession Agreement, Financial appraisal and modeling of the project, and estimation of positive or negative Viability Gap Funding.

Preparation and issue of complete RFP documents along with Schedules to the Draft Concession Agreement. Assistance in Pre-Bid meeting and replies to the Pre-bid queries. Assistance in evaluation of RFQs, Bids & issue of Letter of Award. Satisfaction of bid conditions before signing of the Concession Agreement. Organizing the meeting with the investors. Assistance in SPV Formation. Review and examination of the financing documents and other agreements submitted by the concessionaire at the time of financial close. Provided Financial Consultancy Services to U.P Expressways Industrial Development Authority (UPEIDA) as Financial Analyst for Eight Lane access controlled expressway on the right bank of Upper Ganga Canal from Sanauta Bridge (Distt. Bulandshahar) to near Purkazi (Distt. Muzaffarnagar) before Uttar Pradesh-Uttrakhand Border. which included the following services: Preparation and issue of complete RFP documents along with Schedules to the Draft Concession Agreement. Assistance in Pre-Bid meeting and replies to the Pre-bid queries. Assistance in evaluation of RFQs. III. AUDIT & ADVISORY SERVICES Provided Audit & Advisory Service in Income tax, Corporate Laws & Management Consultancy to Private & Public Ltd. Companies, Trust, Societies & other entities in India & Abroad. From 1983 to 1991 Employed with Office of Comptroller & Auditor General of India(C & AG), New Delhi as Section Officer (Commercial) & later promoted as Asst. Audit Officer (Class II Gazetted officer). Attached with the commercial wing of C& AG & was posted at Oriental Insurance Company Ltd. & job profile included the following functions: Review of Board Minutes of meeting of Board of Directors & seek clarifications on important issues & forward to the Central Office with our comments. Review of Accounts of the company & offer supplementary comments on the Statutory Auditors report. Review of operations at Head office, Regional office, Divisional office & Branch Office of the company & report the observations to the office of C& AG.

Social Accomplishments: Past Executive Member of Shri Sai Samiti, a religious & charitable organization based in Noida and working in the field of health and education for under privileged class. Secretary of Rotary Club of Noida, for 2007-08 & 2010-11 which is a part of Rotary International, being the largest NGO in the world. President for 2012-13 of Rotary Club of Noida, which is a part of Rotary International, being the largest NGO in the world. Vice-President of Suprayas Centre of Excellence, a NGO promoting soft skills of underprivileged youth. Trustee of Rotary Noida Blood Bank, which is running a Charitable Blood Bank in Noida. Treasurer of Shree Dharmik Leela Samiti, Noida which organizes Ramleela in Noida every year. Trustee & Honorary Financial Advisor of Navratna Foundations, a NGO promoting talent of under-privileged class. Member of Building & Estate Committee of Noida Golf Course, Noida Language: Speaking Reading Writing English Excellent Excellent Excellent Hindi Excellent Excellent Excellent Punjabi Good Poor Poor (Anoop Kumar Jairath)