Bare Act

The Amendments in part C of the schedule of M.P.Vidyut shulk adhiniyam 2012

This notification amends the Madhya Pradesh Electricity Duty Act, 2012 to offer tax relief for renewable energy projects. It exempts electricity duty for a period of ten years for individuals producing electricity from solar, wind, or biomass sources. The relief applies to electricity sold to third parties or used for captive consumption, starting from the date the generating station commences operations. By waiving these taxes, the government aims to encourage investment in green energy and reduce the financial burden on renewable energy producers in the state.

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