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Home > Businesses > Power > Media releases

Reaction on Union Budget Proposal by Mr AK Srivastava, Managing Director, Essar Power Ltd

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February 28, 2005 Bookmark and Share  
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As a corporate, we were expecting reduction in custom duty on power plant spares and also mega power status threshold to be brought down. The Budget is silent on this. No incentives have been announced to augment power infrastructure in the country except for proposal for rural electrification.

 
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