| Date: |
06-07-2013 |
| Subject: |
Import of power made easy |
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In a significant move, the Centre has decided to free the import of electricity.
It has now been decided to allow import of power without the need for authorisation.
The move to “free’’ import of electricity was announced through a notification by the Union Ministry of Commerce and Industry here on Friday evening.
The “freeing of import’’ is done through an amendment in the import policy of electrical energy.
The move comes even as the country is facing severe power shortage.
“Import of electrical energy will not require authorisation,” Director General of Foreign Trade (DGFT) said in a notification. It said that the “import policy of electrical energy is revised from ‘restricted’ to ‘free’.”
Source : thehindu.com
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