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01 |
Receipt of annual requirement of Coal from CEB. |
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02 |
Inform annual and quarterly requirement to supplier and CSCL for forward booking and preparation of shipping arrangements. |
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03 |
Obtain lay cans and vessel nomination from supplier and CSCL. |
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04 |
Confirm Vessel nominations and lay cans. |
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05 |
Obtain preform invoices from the supplier. |
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06 |
Submission of LCC preform invoice to CEB. |
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07 |
Obtain letters of undertaking from CEB. |
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08 |
Submission of LC application to Bank. |
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10 |
Confirmation of LC draft and transmission of LC to beneficiaries’ Bank. |
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11 |
Arrival of nominated vessel at load port and commencement of loading. |
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12 |
Departure of vessel from loading port. |
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13 |
Transmission of Lord Port Test Reports, Insurance Certificate and Bill of Loading to LCC. |
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14 |
Receipt of base freight invoice from CSCL. |
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15 |
Payment of freight on receipt of funds from CEB. |
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16 |
Arrival of vessel at Norochcholai anchorage and carrying out of draft survey. |
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17 |
Health, Immigration and custom formalities. |
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18 |
Custom clearing of the cargo by CSCL. |
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19 |
Commencement of discharging. |
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20 |
Receipt of documents by the Bank. |
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21 |
Settlement of bill by CEB on intimation from the bank. |
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22 |
Completion of discharging. |
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23 |
Issuance of Draft Survey Report of Quality Test Reports of Discharging Port. |
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24 |
Receiving of the following invoices for settlement. |
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Freight escalation charge ( on receipt of funds from CEB ) |
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Custom clearing charge. |
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Lightering charge ( on receipt of funds from CEB ) |
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Claim for reimbursement of custom charges and Ports Authority Charges. |
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Draft survey and quality testing. |
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25 |
Preparation of LCC Commercial Invoice and submission to CEB for Final settlement. |
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26 |
Receipt of revision to annual coal requirement from CEB based on power plants performance and intimation to supplier for readjustments to the shipping schedules. |
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