Published by Authority
No.11] CHANDIGARH, FRIDAY, MARCH 14, 2025 (PHALGUNA 23, 1946 SAKA)
PART I
Punjab Government Notifications and Orders
GOVERNMENT OF PUNJAB
DEPARTMENT OF POWER
(ENERGY BRANCH)
NOTIFICATION
The 3rd March, 2025
No. ENRG/10/38/2025-EV3/764.-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 S.T. Cottex Exports Private Limited having its unit located at Unit-13, Hadbast Number 330, Machhiwara, Samrala, 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 polyester yarn as per the conditions contained in the Eligibility Certificate issued by the Convener-cum-Deputy Director (Incentive). State Level Committee, vide Endorsement No. INC/FI/IBDP-17/406/ST Cottex/Ldh/499-A, dated the 05th February, 2025;
(ii) the exemption shall be granted from the 24th October, 2022 to 23rd October, 2032 as per the Eligibility Certificate dated the 05th February, 2025. However, the date of commercial production of the Unit is certified as 01st February, 2022;
(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 Electricity Duty exemption will be strictly applicable to the consumption recorded vide Sub Meter No. 22254866 installed on 24th October, 2022 out of total connected load of the Unit;
PART I] PUNJAB GOVT. GAZ., MARCH 14, 2025 (PHGN 23, 1946 SAKA) 445 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, 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 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- Deputy Director (Incentive), State Level Committee, vide Endorsement No. INC/FI/IBDP-17/406/ST Cottex/Ldh/499-A, dated the 05th February, 2025; 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 the exemption shall automatically cease for which the owner of the Unit shall be responsible.
Sd/-
AJOY KUMAR SINHA, Chandigarh
Principal Secretary to Government of Punjab, The 27th February, 2025
Department of Power
3335/3-2025/Pb. Govt. Press, S.A.S. Nagar