No standalone power plant will be permitted in an SEZ in which there are no other units, except that a standalone power plant exclusively meant for export will be permitted, which shall be operated as a unit subject to all obligations and benefits available to SEZ units. iStockThe government plans to tweak the rules to allow standalone power plants in special economic zones, with all tax benefits and permission solely to export electricity. The changed norm would benefit Adani Power, which plans to set up a standalone plant as an SEZ in Jharkhand to export the entire power to Bangladesh through a dedicated transmission line. “The proposed amendment to the guidelines will be an enabler to allow power plants for export purposes as envisaged in the new guidelines issued by the ministry of power. Justifying its changed stance, the ministry said it proposes to amend the existing policy to enable the setting up of standalone power plants in SEZ which could export power as provided under the guidelines on cross-border trade of electricity issued by the power ministry in December 2016.

Source: The Telegraph January 06, 2019 20:15 UTC