PART I]

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 6th February, 2024

No. ENRG010/12/2024-EV3/395.- 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 Highway Industries

Limited Unit-III having its manufacturing unit located at Phase-VIII, Focal Point, Mangli, Ludhiana,

from the payment of electricity duty (except Social Security Fund ) for a period of ten 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 Forging and Machining of Auto Parts,

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/347/Highway Ind Unit-III/

LDH/6059-SPL, dated the 22nd December, 2023;

(ii)

The exemption shall be granted from the 02nd April, 2021 to 01st April, 2031 or till the date of exhaustion

or utilization of quantum of eligible incentive i.e, rupees 53,34,88,000/- (rupees fifty three crore thirty four

lakh eighty eight 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

02nd April, 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/347/Highway

Ind Unit-III/LDH/6059-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 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 the exemption shall automatically cease, for which the owner of the Unit shall be responsible.

Sd/-

TEJVEER SINGH,

Chandigarh

Additional Chief Secretary to Government of Punjab,

The 5th February, 2024

Department of Power.

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