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<h1>Revised Rules for Power Plants in SEZs: Fiscal Benefits Limited to Setup, Not O&M; Effective February 16, 2016.</h1> The guidelines for power generation, transmission, and distribution in Special Economic Zones (SEZs) have been revised. Power plants in SEZs can be set up in non-processing areas with fiscal benefits only for initial setup, not for operation and maintenance (O&M). Captive power plants in processing areas are subject to Net Foreign Exchange obligations and can receive full fiscal benefits. IT/ITES SEZs and certain sectors can generate power with fiscal benefits if approved. SEZs connected to grids can create backup power facilities with varying duty benefits. Existing power plants approved before 2009 will have limited O&M benefits. These guidelines are effective from February 16, 2016.