Notification No. 83/2006, Dated 28th Aug 2006

28th  August, 2006

Notification No. 83/2006-Customs

G.S.R.         (E). - In exercise of the powers conferred by sub-section (1) of section 25 of the Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that it is necessary in the public interest so to do, hereby makes the following further amendments in the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 21/2002-Customs, dated the 1^st March, 2002, G.S.R.118(E), dated the 1^st March, 2002, namely:-

                In the said notification, in the Table, against S.No.77A, for the entry in column (3), the following entry shall be substituted, namely:-

                “Liquefied Natural Gas, imported for the purpose of generating power by,-

(a)     Ratnagiri Gas and Power Private Limited at their power project at Dabhol, District Ratnagiri,  (Maharashtra); and

(b)     any other Liquefied Natural Gas Mega Power Project which,-

(i)   is established with an installed power generation capacity of 2000 MW or more, with integrated Liquefied Natural Gas re-gasification facility;

(ii)  became defunct and is subsequently restructured and revived through a Special Purpose Vehicle in the nature of a project company owned by the  Public Sector Undertakings as per a restructuring and revival proposal approved by the Central Government; and

(iii) supplies the power generated in such project to any State Electricity Board under a Power Purchase Agreement.”.

[F.No.354/130/2005-TRU]

Note:- The principal notification No.21/2002-Customs, dated the 1^st March, 2002 was published in the Gazette of India, Extraordinary, vide G.S.R.118 (E), dated the 1^st March, 2002 and was last amended by notification No.80/2006-Customs, dated the 11^th August, 2006 [G.S.R. 479(E), dated 11^th August, 2006].