NAVI MUMBAI: Jawaharlal Nehru Port Trust (JNPT), India’s chief container port has gone into Distribution Franchisee Agreement with Maharashtra State Electricity Distribution Company Limited (MSEDCL) through a Memorandum of Understanding (MoU) for supply of power in its region. The Board of Trustees of JNPT in its gathering hung on 24th December, 2020 affirmed the proposition to go into the Agreement. By this Agreement, JNPT turns into the first Major Port in Quite a while to consent to the Distribution Franchisee Agreement in consistence with the Electricity Act, 2003 and resolve the obstacles in stockpile of power.
JNPT has five container terminals and handles over half of the absolute container freight among the
Significant Ports of India. JNPT has apportioned land to NSICT, BMCT and GTIPL on rent for a time of 30 years through Concession Agreement, and under the Concession Agreement, JNPT is answerable for giving power supply to the Terminals. With the help of MSEDCL authorities, separate class for JNPT named as “Government/Semi-Government” was made for consenting to the Franchisee Agreement, which will have huge burden, for example, Ports, Defense, and MIDC, and so on.
“With this understanding the way toward authorizing power appropriation once for everything is settled and will help JNPT in conveying its obligations towards its partners and we are appreciative to MSEDCL group for all their help”, said Shri Sanjay Sethi, IAS, Chairman, JNPT.
Principle issues with respect to RoDTEP (Refund of Duties and Taxes on Exported Products) featured in a portrayal by Export Promotion Council for EOUs and SEZs (EPCES) to the Finance Minister, Commerce and Industry Minister and to the RoDTEP Committee
No RoDTEP for SEZs and EOUs despite the fact that they additionally need to settle the assessments/obligations (power obligation, VAT on fuel devoured in transportation of information sources and completed products, inserted charges, and so forth) covered under the RoDTEP plot despite the fact that they were getting MEIS so far which is not, at this point accessible as MEIS conspire has been suspended.
No RoDTEP rates have been declared, yet exporters advised to apply for RoDTEP (without knowing the relevant rates) on transportation bill w.e.f. 1.1.2021. It isn’t clear concerning how they will provide their cost estimate to their customers.
At present maybe RoDTEP rates will be reported distinctly for 3-4 areas. For other people, the rates will be reported a lot later, however exporters need to begin applying for RoDTEP (again without knowing the rates). Once more, how might the exporters cost in these advantages?
Preferably, advance data (state 2-3 months) ought to have been given to exporters about the RoDTEP rates first and afterward the RoDTEP plans actualized. MEIS ought to have proceeded in different areas where RoDTEP rates have not yet been chosen.
Further, as such there is no association among MEIS and RoDTEP plans aside from that services use is engaged with the two plans. RoDTEP is exporters’ privilege as obligations and assessments ought not be sent out as an overall standard. MEIS isn’t associated with these obligations and burdens and is fundamentally implied for halfway gathering the expense of higher coordinations and administrative expenses in India when contrasted with different nations that are rivaling us in the global market.