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PUNJAB GOVT. GAZ., JANUARY 2, 2026 (PAUSA 12, 1947 SAKA)

PART I]

Published by Authority

No. 1]

CHANDIGARH, FRIDAY, JANUARY 2, 2026 (PAUSA 12, 1947 SAKA)

PART I

Punjab Government Notifications and Orders

( 16 )

GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(ENERGY BRANCH)

NOTIFICATION

The 3rd March, 2023

No.10/11/2023-EV4/430.-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 T.C. Terrytex Limited, having its

manufacturing unit located at Village Sarsini, Near Lalru, Tehsil Derabassi, District Sahibzada Ajit Singh

Nagar, 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 maunfacturing of Terry Towels as per the conditions

contained in the Eligibility Certificate issued by the Convener-cum-Joint Director (Incentive), State Level

Committee, Sahibzada Ajit Singh Nagar, vide Endorsement No. Inc/FI/IBDP/289/TC Terrytex/Mohali/

6033-B, dated the 19th December, 2022;

(ii)

the exemption shall be granted from the 19th October, 2019 to 18th October, 2029 or the date of

exhaustion or utilization of quantum of eligible incentive i.e. rupees 5369.47 lakhs (rupees fifty-three

crore sixty-nine lakh forty-seven thousand only) whichever is earlier, as per the Eligibility Certificate dated

19th December, 2022. However, the date of commercial production of the Unit is certified as 19th

October, 2019;

(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 Chief

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

PART I]

PUNJAB GOVT. GAZ., JANUARY 2, 2026 (PAUSA 12, 1947 SAKA)

17

(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/289/TC Terrytex/

Mohali/6033-B, dated the 19th December, 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 thereunder and the exemption shall

automatically cease for which the woner of the Unit shall be responsible.

Sd/-

TEJVEER SINGH,

Principal Secretary to Government of Punjab,

Chandigarh

Department of Power.

3596$12-2025/Pb. Govt. Press, S.A.S. Nagar