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PUNJAB GOVT. GAZ., FEBRUARY 7, 2025 (MAGHA 18, 1946 SAKA)

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Published by Authority

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CHANDIGARH, FRIDAY, FEBRUARY 7, 2025 (MAGHA 18 , 1946 SAKA)

PART I

Punjab Government Notifications and Orders

GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(ENERGY BRANCH)

NOTIFICATION

The 23rd January, 2024

No. ENRG010/09/2024-EV3/188.- In exercise of the powers conferred by section 12 of the Punjab

Electricity (Duty) Act, 2005 (Punjab Act 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 Bhawani Castings Private Limited

having its expansion unit located at Village Ambey Majra, 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 Schemes 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 Re-rolled Products i.e. Billets, TMT

Bars, HR Coil, as per the conditions contained in the Eligibility Certificate issued by the Convener-cum-

Joint Director (Incentive), State Level Committee, vide Endorsement No. Inc/FI/IBDP/357/Bhawani

Casting/FGS/6073-SPL, dated the 22nd December, 2023;

(ii)

the exemption shall be granted from the 10th October, 2021 to 09th October, 2028 or till the date of

exhaustion or utilization of quantum of eligible incentive i.e. rupees 22,48,33,000/- (rupees twenty two

crore forty eight lakh thirty three thousand only), whichever is earlier, as per the Eligibility Certificate dated

the 22nd December, 2023. However, the date of commercial production of the Unit after expansion is

certified as 10th October, 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;

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(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 (Incentive), State Level Committee, vide Endorsement No. Inc/FI/IBDP/357/Bhawani

Casting/FGS/6073-SPL, dated the 22nd December, 2023; 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 Auditor 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 exemption shall

automatically be ceased for which the owner of the Unit shall be responsible.

Sd/-

TEJVEER SINGH,

Chandigarh

Additional Chief Secretary to Government of Punjab,

The 20th January, 2024

Department of Power.

3307/2-2025/Pb. Govt. Press, S.A.S. Nagar