PART I]

PUNJAB GOVT. GAZ., OCTOBER 6, 2023 (ASVN 14, 1945 SAKA)

863

Published by Authority

No. 40]

CHANDIGARH, FRIDAY, OCTOBER 6, 2023 (ASVINA 14, 1945 SAKA)

PART I

Punjab Government Notifications and Orders

( 863 )

GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(ENERGY BRANCH)

NOTIFICATION

The 2nd August, 2022

No. 10/61/2022-EV4/2909.-In exercise of the powers conferred by section 12 of the Punjab Electricity

(Duty) Act, 2005 (Punjab Act No.9 of 2005) and all other powers enabling him in this behalf, the Governor of

Punjab is pleased to grant hundred percent (100%) exemption to M/s H.L Chopra Steel Rolling Mills,

having its expansion Unit located at Village Alour, Bhadla Road, Khanna, District Ludhiana from the

payment of electricity duty (except Social Security Fund) for a period of seven years, in terms of the Detailed

Scheme and Operational Guidelines, 2018 (Industrial and Business Development Policy, 2017) in public interest

subject to the following conditions, namely:-

CONDITIONS

(i)

the exemption, shall be granted to the said Firm for manufacturing of MS Billet/HR Coils(Patra) as per

the conditions contained in the Eligibility Certificate issued by the Convener-cum-Joint Director, State

Level Committee vide Endorsement No. Inc/FI/IBDP/252/H.L. Chopra/LDH/2771-B, dated the

16th June, 2022;

(ii)

the exemption shall be granted for the period from the 24th November, 2021 to 23rd November, 2028 or

the date of exhaustion or utilization of quantum of eligible incentive i.e. rupees 24,32,54,000 (rupees

twenty-four crore, thirty two lakh and fifty-four thousand only) whichever is earlier, as per the Eligibility

Certificate dated 16th June, 2022. However, the date of commercial production of the Unit after expansion

is certified as 24th November, 2021. The un-utilized amount of FCI towards ED exemption already

granted to the earlier expansion unit by the DIC Ludhiana from 11.11.2019 to 10.10.2026, shall be

carried forward towards instant expansion;

(iii)

in the event of any revision of rate of electricity duty at any subsequent point of time, the exemption to

the extent of revised levied rate of electricity duty (except contributions out of electricity duty e. g.

Social Security Fund etc.) shall be applicable to the Unit;

864

PUNJAB GOVT. GAZ., OCTOBER 6, 2023 (ASVN 14, 1945 SAKA)

PART I]

2936/10-2023/Pb. Govt. Press, S.A.S. Nagar

(iv)

the usage of the power by the Firm during the aforesaid period shall be regulated through a transparent

metering arrangement installed or approved by the Punjab State Power Corporation Limited and the

Chief Electrical Inspector to record the consumption of the Unit under exemption;

(v)

the exemption shall not be applicable for the residential area of the said premises and to that effect, an

undertaking shall be submitted by the Unit that no residential area exists in the premises. If there is a

residential area in the premises, in that event, a separate meter has to be installed or a separate electricity

connection shall be obtained in order to record the electricity consumption of that residential area, which

shall be excluded from the total electricity consumption of the Unit;

(vi)

it shall be ensured that the Firm does not connect the load of any other Unit with this Unit for the

purpose of availing exemption from electricity duty;

(vii)

the exemption shall be strictly in accordance with the Eligibility Certificate issued by the Convener-

cum-Joint Director, State Level Committee vide Endorsement No. Inc/FI/IBDP/252/H.L. Chopra/LDH/

2771-B, dated the 16th June, 2022; and

(viii)

in case any excess claimed exemption is detected at any point of time, it shall be liable for recovery and

penal action, under the provisions of the said Act.

To ensure the compliance of the above conditions and proper utilization of incentive, the Auditors of the

office of the Chief Electrical Inspector may inspect the Unit at any time. In case, any violation of any of the

provisions of the Punjab Electricity (Duty) Act, 2005, and the rules made thereunder and, the above conditions

is detected, the owner of the Unit shall be liable for action under section 8 of the said Act and the rules made

thereunder and exemption shall automatically cease for which the owner of the Unit shall be responsible.

Sd/-

TEJVEER SINGH,

Chandigarh

Principal Secretary to Government of Punjab,

The 27th July, 2022

Department of Power.