M/s Oasis Enterprises Private Limited having its expansion unit located at Village Talwara, Talwara

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Published by Authority

No. 2] CHANDIGARH, FRIDAY, JANUARY 9, 2026 (PAUSA 19, 1947 SAKA)

PART I

Punjab Government Notifications and Orders

GOVERNMENT OF PUNJAB

DEPARTMENT OF POWER

(ENERGY BRANCH)

NOTIFICATION

The 5th June, 2023

No. 10/67/2023-EV4/2526.-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 Oasis Enterprises Private Limited having its expansion unit located at Village Talwara, Talwara Road, 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 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 expansion unit of Manufacturing of Billets, MS Strip, H.R. Coil as per conditions contained in the Eligibility Certificate issued by the Convener-cum-Joint Director (Incentive), State Level Committee, Chandigarh vide Endorsement No. Inc/FI/IBDP/300/Oasis/ Fatehgarh Sahib/1846-A, dated the 24th April, 2023:

(ii) this exemption shall be granted for the period from the 3rd March, 2022 to 2nd March, 2029 or the date of exhaustion or utilization of quantum of eligible incentive i.e. rupees 20,91,58,000/-(rupees twenty crore ninety one lakh fifty eight thousand only) whichever is earlier, as per the Eligibility Certificate dated the 24th April, 2023. However, the date of commercial production of the Unit after expansion is certified as 03rd March, 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;

residential area in the premises, in that event, a separate meter has to be installed or a separate electicity connection shall be obtained in order to record the electicity consumption of that residential area, which shall be excluded from the total electicity 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, Chandigarh vide Endorsement No. Inc/FI/IBDP/300/ Oasis/Fatehgarh Sahib/1846-A, dated the 24th April, 2023 and

(viii) in case any excess claimed in exemption 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 and made thereunder and the conditions is detected, the owner of the Unit shall be liable for action under section 8 of the said Act and rules made thereunder and the exemption shall automatically cease, for which the owner of the Unit shall be responsible.

Sd/

TEJVEER SINGH,

Chandigarh

Principal Secretary to Government of Punjab, The 2nd June, 2023

Department of Power.

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