PART I]

PUNJAB GOVT. GAZ., APRIL 19, 2024 (CHTR 30, 1946 SAKA)

203

Published by Authority

No. 16]

CHANDIGARH, FRIDAY, APRIL 19, 2024 (CHAITRA 30, 1946 SAKA)

PART I

Punjab Government Notifications and Orders

( 203 )

GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(ENERGY BRANCH)

NOTIFICATION

The 10th November, 2022

No.10/122/2022-EV4/ 3971.- 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 Rudra Alloy Private Limited having its

manufacturing unit located at Village Ambey Majra, G.T. Road, Sirhind side, Mandi Gobindgarh, Tehsil

Amloh, District Fatehgarh Sahib, 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 Steel Ingots as per the conditions

contained in the Eligibility Certificate issued by the Convener, District Level Committee, Fatehgarh

Sahib vide Endorsement No. DIC/MGG 2329, dated the 15th September, 2022;

(ii)

the exemption shall be granted for the period from the 07th December, 2021 to 06th December, 2028 or

date of exhaustion or utilization of quantum of eligible incentive i.e. rupees 2,99,42,000/- (rupees two

crore ninety-nine lakh forty-two thousand only) whichever is earlier as per the Eligibility Certificate

date 15th September, 2022, However, the date of commercial production after expansion of the Unit is

certified as 07th December, 2021;

(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;

(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

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PUNJAB GOVT. GAZ., APRIL 19, 2024 (CHTR 30, 1946 SAKA)

PART I]

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, 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,

whichshall 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 thisUnit 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,

District Level Committee, Fatehgarh Sahib vide Endorsement No. DIC/MGG/2329, dated the 15th

September, 2022; and

(viii)

in case any exemption claimed in excess 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 said Act 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 the exemption

shall automatically cease, for which the owner of the Unit shall be responsible.

Sd/-

TEJVEER SINGH,

Principal Secretary to Government of Punjab.

Chandigarh

Department of Power.

3082/4-2024/Pb. Govt. Press, S.A.S. Nagar