GOVERNMENT OF INDIA
MINISTRYOF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
NOTIFICATION NO 24 (RE 2010/2009—2014)
NEW DELHI , DATED 14.1.2010
Subject: Amendment in chapter 8 of FTP regarding mega power projects
S.O (E)- In exercise of powers conferred by Section 5 of the Foreign Trade
(Development & Regulation) Act, 1992 read with paragraph 1.3 of the Foreign
Trade Policy (FTP), 2009-2014, the Central Government hereby makes the following
amendments in FTP, 2009 -2014.
- Following sentence shall be added at the end of paragraph 8.2;-
“ However, in regard to mega power projects, the requirement of ICB would not be
mandatory, if the requisite quantum of power has been tied up through tariff
based competitive bidding or if the project has been awarded through tariff
based competitive bidding.”
- Following sentence shall be added at the end of para 8.4.4(iv) :-
“Further, supply of goods required for the expansion of existing mega power
project as specified in Sl. no 400A of DoR Notification 21/2002- Customs dated
1.3.2002, as amended shall also be eligible for deemed export benefits as
mentioned in paragraph 8.3 ( a), (b) and (c) of FTP, whichever is applicable.”
This issues in public interest.
Sd/-
(R.S.Gujral)
Director General of Foreign Trade and
Ex-Officio Special Secretary to the Government of India
Issued from F 01/92/180/162/AM08/PC VI