Yes, the motive power mentioned in Factory License Form No. 3 is related to the contracted load/sanction load that you have received permission for from the state electricity board.
The Factory License Form No. 3, as per the Factories Act of 1948, is a document to be filled by the factory owner detailing the maximum installed capacity of the power of the factory. This includes the motive power, which is the total amount of power that the machinery in the factory can consume.
The contracted load or sanction load, on the other hand, is the maximum demand that is contracted to be supplied by the Electricity Board. It's the upper limit of power that you are allowed to draw from the electricity grid.
The motive power mentioned in the Factory License Form No. 3 should not be more than the contracted load/sanction load that you have permission for, as it might lead to overloading and resultant penalties.
Therefore, when filling out Factory License Form No. 3, ensure that the motive power you are declaring is within the contracted/sanctioned load from the Electricity Board to avoid any legal or operational issues.
It's always recommended to consult with a local legal expert or the Factory Inspector's office while filling out these forms to ensure compliance with all the local rules and regulations.