Centre eases norms for power units in SEZ

The central government has eased norms for setting up power units in SEZs. The government has exempted power firms from the positive net foreign exchange obligation applicable to regular units in such enclaves. According to the new guidelines, power plants can be set up by developers and co-developers in the processing area (where export units are present) as well as in the non-processing area with social infrastructure, including houses, schools and hospitals. Link: http://www.projectsmonitor.com/ELECTRICITY/centre-eases-norms-for-power-units-in-sez

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