Advance Panel(panel)bharti Realty

Ref: S&W/HVAC/LOI/BHARTI/124/01

Date: 15/11/2008

ADVANCE PANELS & SWITCHGEARS PVT. LTD. A – 257, D.S.I.D.C Narela Industrial Area, Narela Delhi - 110040 Kind Attn: Mr Jitendra Jain (9350290802) Sub

: Letter of intent for the Supply of Electrical Panels for our Project :Bharty Realty,

Gurgoan. Dear Sir, With reference to your offer:APSPL/GEN/08-09/RS/1148-R1,dtd.12/11/2008 & subsequent discussion held with you on dtd.13/11/2008 regarding the above subject, we are pleased to confirm you the order for the Supply of Electrical Panels as per BOQ & Specifications attached for our Project: Bharty Realty, Gurgoan. Scope of Supply: Description

Qty.

1

Supply of Main A/C Panel - 1

1 No.

2

Supply AHU Starter Panel

16 Nos.

Total Amount (In Rs.)

Commercial Terms are as follows: 1 Price: Total price for all above items are Rs.859084/- (Eight Lacs Fifty Nine Thousand Eighty Four only). 2. Price basic: F.O.R. at site, Gurgoan

3. Excise Duty: NIL 4. Sales Tax: CST Inclusive @ 1 % against form “C” 5. Freight Charges: Inclusive Delivery: Within 3 weeks after approval from Client.

Dispatch Address:

BHARTI REALTY LTD. Plot No. A- 27, Sector - 34 Near Honda Chowk Gurgoan(Haryana) - 122015 Contact person at Site: Mr. Amitabh (9810539658)

Note: - This LOI is as per BOQ, SLD & specifications given to you & discussion held with you on 13/11/2008. You will submit the drawings for approval by 18/11/2008. You will submit the Test Certificate along with your invoice. Invoicing: You shall raise your invoice on registered office of Sterling & Wilson Pvt. Ltd. as mentioned below in billing details. And submit it in triplicate to our office with Material receipt Note, Copy of GR at C-56/38, Institutional Area, Sector-62, Noida. Detailed billing instructions shall be informed you shortly. Please also mention consignee name & delivery address on your invoice

Billing Details: Sterling And Wilson Pvt. Ltd. C-464A/465A , First Floor Sushant Lok Gurgoan (Haryana) HGST No. 19503/15.07.96 CST No. 19503/15.07.96 TIN No. 06931819503

Payment: 45 days direct credit. You will dispatch the material strictly as per approved makes, BOQ & Tender Specifications. We shall shortly send you our formal detailed purchase order. In the meantime, kindly register our requirements as stated above and acknowledge the receipt of this LOI with 4-5 days, if we don’t hear from your within 7 days we will presume that you have accepted our LOI. Thanking you, Yours truly, For Sterling & Wilson Pvt. Ltd.

Authorized Signatory