Power Generation in SEZs - Guidelines withdrawn
VARIOUS issues relating to setting up of power units and power distribution facilities in SEZ have been under examination of the Commerce Department and in consultation with Ministry of Power/ Department of Revenue and Ministry of Law. After due consideration of the comments/ views received from these Ministries, the Department issued guidelines vide No. , dated 27.02.2009.
These guidelines were in force for three years. Vide letter in No., dated 21.03.2012, the Commerce Department superseded the 2009 guidelines and issued fresh guidelines. These fresh guidelines allowed certain fresh benefits like no obligation for NFE, sale of power to DTA etc,.
Now suddenly, the Government has withdrawn the 2012 guidelines and brought back the 2009 guidelines. Why the Government has taken this backward step is anybody's guess.