Customs exemption for mega power projects expanded to include certified expansions, altering duty treatment and conditions. Revises the S. No. 400 entry to define qualifying Mega Power Project thresholds by plant type and location, inserts S. No. 400A to exempt goods for expansion of any existing Mega Power Project upon certification by a Joint Secretary-level officer in the Ministry of Power, and amends Condition No. 86 to require power-purchasing states to undertake distribution reforms as laid down by the Ministry of Power.
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Customs exemption for mega power projects expanded to include certified expansions, altering duty treatment and conditions.
Revises the S. No. 400 entry to define qualifying Mega Power Project thresholds by plant type and location, inserts S. No. 400A to exempt goods for expansion of any existing Mega Power Project upon certification by a Joint Secretary-level officer in the Ministry of Power, and amends Condition No. 86 to require power-purchasing states to undertake distribution reforms as laid down by the Ministry of Power.
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