Deemed export benefits for World Bank financed ERSC&C project apply to qualifying supplies, subject to loan materialisation conditions. Deemed export benefits under Paragraph 10.2(d) of the Export and Import Policy are extended to supplies to the Eastern Region System Coordination and Control transmission project by treating it as World Bank financed, thereby entitling such supplies to benefits under Paragraph 10.3; if World Bank financing fails, benefits will not be available and the Power Grid Corporation must return benefits availed under transitional arrangements.
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Provisions expressly mentioned in the judgment/order text.
Deemed export benefits for World Bank financed ERSC&C project apply to qualifying supplies, subject to loan materialisation conditions.
Deemed export benefits under Paragraph 10.2(d) of the Export and Import Policy are extended to supplies to the Eastern Region System Coordination and Control transmission project by treating it as World Bank financed, thereby entitling such supplies to benefits under Paragraph 10.3; if World Bank financing fails, benefits will not be available and the Power Grid Corporation must return benefits availed under transitional arrangements.
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