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.

Stay up to date on all the latest Andhra Pradesh news with The New Indian Express App. Download now
(Get the news that matters from New Indian Express on WhatsApp. Click this link and hit 'Click to Subscribe'. Follow the instructions after that.)

Comments

Disclaimer : We respect your thoughts and views! But we need to be judicious while moderating your comments. All the comments will be moderated by the newindianexpress.com editorial. Abstain from posting comments that are obscene, defamatory or inflammatory, and do not indulge in personal attacks. Try to avoid outside hyperlinks inside the comment. Help us delete comments that do not follow these guidelines.

The views expressed in comments published on newindianexpress.com are those of the comment writers alone. They do not represent the views or opinions of newindianexpress.com or its staff, nor do they represent the views or opinions of The New Indian Express Group, or any entity of, or affiliated with, The New Indian Express Group. newindianexpress.com reserves the right to take any or all comments down at any time.

flipboard facebook twitter whatsapp