Cement, Energy and Environment July-Sep 2002

• from the World Bank Line of Cred it are likely to qualify for exc ise/c us tom duty exemptio ns as pe r a notification iss ued by the Government of India. Rebate of l per cent in interest rate for furnishing security of bank g uara ntee or Scheme Rate of Interest (%) pa • • unconditi onal and irrevocable guarantee of All India Public Financ ial In s titution with "AAA" or equivalent rating. Rebate of 0.5 per cent in interest rate fo r tim e ly payment of in teres t a nd repayment of loan instalment. Spec ia l concess ion s for Maximum Maximum Repayment Moratorium Period Including (Years) Moratorium (Years) entrepreneurs be long ing to SC/ST, wome n, physica ll y handicapped a nd ex– serv icemen catego ries and those setting up projects in Northeastern states, Sikkim. Jammu & Kashmi r, new ly c reated states and is lands, including estuaries and desert states. Minimum Maximum fREDA Promoter's Loan(%) Contribution (%.) A. PROJECT FINANCING (Including power projects based on waste heat recovety, DSM and ESCO) Commercial and 13.00 10 2 30 Up to 70% of total Industrial sector cost Domestic sector 12.00 5 I 30 -do- Agriculture sector 12.00 lO 2 30 -do- B. MANUFACTURING OF ENERGY EFFICIENCY EQUIPMENT/SYSTEMS All sectors 13.50 8 2 30 Up to 70% of total cost C. EQUIPMENT FINANCING: Energy conservation/efficiency and equipment systems (including DSM) Commercial and 13.00 10 2 25 Up to 70% of total Industrial sector eligible equ ipment cost Domestic sector 12.00 5 I 25 -do- Agricu lture sector 12.00 10 .2 25 -do- Courtesy: The Bulletin on Energy Fjjiciency, June 02, P 4. Fax: 91-11-4682204 Email: efficiency@rediffmail. com Web: wlvw.renewingindia.org BUREAU OF ENERGY EFFICIENCY Given below is the Government of India notification dated April 26, 2002, on the appointment of the Govern ing Council Members of BEE (To be published in Part 11, Section 3, Sub-section (ii) of/he Gazette of india) Government ofIndia Ministry ofPower New Delhi, April 26. 2002 Notification so______ In exercise of the powers conferred by sub-sections ( I) and (2) of section 4 of the Energy Conservation Act, 200 1(52 of 200 1), the Central Government hereby establishes the Governing Council of the Bti reau of Energy Efficiency (BEE) and appoints the following Members of the Governing Council of the said Bureau, namel y: