CII lauds government’s power moves

Published: 24th August 2012 10:15 AM  |   Last Updated: 24th August 2012 10:15 AM   |  A+A-

The Confederation of Indian Industries, Andhra Pradesh, chairperson Suchitra Ella on Thursday welcomed the state government’s offer to remove electricity duty on captive generation units and felt it would help industries, particularly MSMEs.

In a statement, Ella said that the proposed measures for addressing the power shortage are in line with CII recommendations which were submitted to the government so that it could take necessary action in the short term, midterm and long term period.

Waiver of wheeling charges on transmission cost if the industry generated power by procuring RLNG and naphtha will help industry in the short term, she said.

However, she felt that the industry should not be targeted whenever there is huge shortage of power supply.

She pointed out that reimbursement of Value Added Tax (VAT) on diesel used for power generation for industry would also help them to a great extent.

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