BoD 28.3.2014
ABSTRACT OF MINUTES
OF THE 10th/28.3.2014 MEETING OF THE BOARD OF DIRECTORS
Subject: – Formation in Body of the Board of Directors
– HEDNO’s Representation – Competence assignment
The Board of Directors decided:
the formation of the Board of Directors in Body, after the election of Mr. Fragos Konstantinos of Evaggelos as Member of the Board of Directors in the Extraordinary General Meeting of the Corporation’s Shareholder held on 27.3.2014.
The composition of the Board of Directors is formed as follows:
1. Georgios Kollias of Athanasios, Chairman of the Board of Directors and CEO, Executive Member
2. Zakolikos Christos of Pafsanias, Vice President of the Board of Directors, Executive Member
3. Masouras Konstantinos of Theofanis, Consultant, Non Executive Member
4. Michalopoulos Sarantis of Vasilios, Consultant , Non Executive Member
5. Papadogona Stamatina of Grigorios, Consultant, Non Executive Member
6. Fragos Konstatinos of Evaggelos, Consultant, Non Executive Member
7. Chalaris Georgios of Antonios, Consultant, Non Executive Member
Referring to the Competence Assignment-HEDNO’s Representation, the following BoD decisions are in force and confirmed:
1. no 139/5.12.2013, paragraph 3
2. no 46/18.4.2013
3. no 7/20.2.2013
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Subject: Lease of buildings for covering the needs of the Central Services.
The Board of Directors approved the lease of the building at 24, Sygrou Ave, under the ownership of XENEKO AXKE, with total surface of 3,567.67 sq. meters for an annual rent of € 22,500.
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Subject: – Contracts no 5108071/16.10.2009 and no 5100021/25.10.2010 with VIJAI ELECTRICALS LIMITED for purchasing Three-phase Distribution Transformers.
– Tender no 508201/21.3.2013 for purchasing Three-phase Distribution Transformers.
Substitution of VIJAI ELECTRICALS LIMITED, due to its buyout, with TOSHIBA TRANSMISSION & DISTRIBUTION SYSTEMS (India) Pvt. Ltd (TTDI) in the Contracts and Tender mentioned above.
The Board of Directors approved:
1. to continue the Contracts 5108071/16.10.2009 with value of €8,235,340.00 and 5100021/25.10.2010 with value of €22,386,344.50 for purchasing Three-phase Distribution Transformers, concluded with VIJAI ELECTRICALS LIMITED and substituted with TOSHIBA TRANSMISSION & DISTRIBUTION SYSTEMS (India) Pvt. Ltd (TTDI).
For the above adjustment, the Service will be responsible for the issuance of the Contract Supplements in which it is foreseen that Good Performance Letters of Guarantee will be provided by TOSHIBA TRANSMISSION & DISTRIBUTION SYSTEMS (India) Pvt. Ltd (TTDI), substituting the existing Letters of Guarantee.
2. to sign with TOSHIBA TRANSMISSION & DISTRIBUTION SYSTEMS (India) Pvt. Ltd (TTDI) the Contract 5082011 of the Tender 508201/21.03.2013 according to which VIJAI ELECTRICALS LIMITED was defined as Tenderer.
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OF THE 10th/28.3.2014 MEETING OF THE BOARD OF DIRECTORS
Subject: – Formation in Body of the Board of Directors
– HEDNO’s Representation – Competence assignment
The Board of Directors decided:
the formation of the Board of Directors in Body, after the election of Mr. Fragos Konstantinos of Evaggelos as Member of the Board of Directors in the Extraordinary General Meeting of the Corporation’s Shareholder held on 27.3.2014.
The composition of the Board of Directors is formed as follows:
1. Georgios Kollias of Athanasios, Chairman of the Board of Directors and CEO, Executive Member
2. Zakolikos Christos of Pafsanias, Vice President of the Board of Directors, Executive Member
3. Masouras Konstantinos of Theofanis, Consultant, Non Executive Member
4. Michalopoulos Sarantis of Vasilios, Consultant , Non Executive Member
5. Papadogona Stamatina of Grigorios, Consultant, Non Executive Member
6. Fragos Konstatinos of Evaggelos, Consultant, Non Executive Member
7. Chalaris Georgios of Antonios, Consultant, Non Executive Member
Referring to the Competence Assignment-HEDNO’s Representation, the following BoD decisions are in force and confirmed:
1. no 139/5.12.2013, paragraph 3
2. no 46/18.4.2013
3. no 7/20.2.2013
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Subject: Lease of buildings for covering the needs of the Central Services.
The Board of Directors approved the lease of the building at 24, Sygrou Ave, under the ownership of XENEKO AXKE, with total surface of 3,567.67 sq. meters for an annual rent of € 22,500.
-----------------------------------------------------------------
Subject: – Contracts no 5108071/16.10.2009 and no 5100021/25.10.2010 with VIJAI ELECTRICALS LIMITED for purchasing Three-phase Distribution Transformers.
– Tender no 508201/21.3.2013 for purchasing Three-phase Distribution Transformers.
Substitution of VIJAI ELECTRICALS LIMITED, due to its buyout, with TOSHIBA TRANSMISSION & DISTRIBUTION SYSTEMS (India) Pvt. Ltd (TTDI) in the Contracts and Tender mentioned above.
The Board of Directors approved:
1. to continue the Contracts 5108071/16.10.2009 with value of €8,235,340.00 and 5100021/25.10.2010 with value of €22,386,344.50 for purchasing Three-phase Distribution Transformers, concluded with VIJAI ELECTRICALS LIMITED and substituted with TOSHIBA TRANSMISSION & DISTRIBUTION SYSTEMS (India) Pvt. Ltd (TTDI).
For the above adjustment, the Service will be responsible for the issuance of the Contract Supplements in which it is foreseen that Good Performance Letters of Guarantee will be provided by TOSHIBA TRANSMISSION & DISTRIBUTION SYSTEMS (India) Pvt. Ltd (TTDI), substituting the existing Letters of Guarantee.
2. to sign with TOSHIBA TRANSMISSION & DISTRIBUTION SYSTEMS (India) Pvt. Ltd (TTDI) the Contract 5082011 of the Tender 508201/21.03.2013 according to which VIJAI ELECTRICALS LIMITED was defined as Tenderer.
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