Liquefied Natural Gas import exemption extended for designated mega power projects meeting capacity, restructuring and supply conditions. The substitution to S.No.77A provides a customs exemption for import of Liquefied Natural Gas for power generation by Ratnagiri Gas and Power Private Limited at Dabhol and by any other Mega Power Project that has large-scale generation capacity with integrated re-gasification, was defunct and subsequently restructured and revived through a Special Purpose Vehicle owned by Public Sector Undertakings with Central Government approval, and that supplies generated power to a State Electricity Board under a Power Purchase Agreement.
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Liquefied Natural Gas import exemption extended for designated mega power projects meeting capacity, restructuring and supply conditions.
The substitution to S.No.77A provides a customs exemption for import of Liquefied Natural Gas for power generation by Ratnagiri Gas and Power Private Limited at Dabhol and by any other Mega Power Project that has large-scale generation capacity with integrated re-gasification, was defunct and subsequently restructured and revived through a Special Purpose Vehicle owned by Public Sector Undertakings with Central Government approval, and that supplies generated power to a State Electricity Board under a Power Purchase Agreement.
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