14. INDUSTRIAL CORRIDOR
(a) State Govt. will initiate necessary steps to promote / develop two industrial corridors, namely Koderma – Bahragora and Ranchi-Patratu-Ramgarh Road.
(b) Efforts will be made to develop the corridor with 25 KM each side of 4 laning between Koderma and Bahragora.
(c) The Industrial Corridor will be equipped with an array of infrastructural support such as power facilities, rail connectivity, Industrial Estates, SEZs and cluster with top-of-the line infrastructure.
15. INDUSTRIAL PARKS
15.1 To encourage industrial activities of specialized nature at suitable location, sector specific industrial parks have been envisaged in the State.
Following industrial parks are planned to be set up under Govt, Private, Joint Venture or PPP mode.
i. Apparel Fibre and Textile Park
ii. IT Park / Software Technology Park (STPI)
iii. Gems and Jewellery Park
iv. Biotech and Herbs Park
v. Chemical and Pharmaceutical Park
vi. Food Park
vii. Automobile vendor - ancillary industries park.
viii. Any other such activities eg : Ceramic Park, Plastic Park, Knowledge Park, Film City etc.
15.2 Since these above mentioned centres can work as incubation centre it is proposed to make some of these centres as centres of excellence with State-of-the Art Technology taking into consideration the emerging R&D scenario in India and abroad.
15.3 Efforts will be made to get above mentioned schemes sanctioned under Govt. of India Scheme.
15.4 All the facilities and benefits proposed to be extended to Private Industrial Estate will also be available to above mentioned parks developed under private or PPP mode.
15.5 Monitoring and mechanism of project approval and sanction of benefits will also be the same as detailed in 13.1 & 13.3.
16. SPECIAL ECONOMIC ZONE (SEZ)
16.1 Special Economic Zone is a growth engine for attracting Industrial investment and boosting exports. This concept will be promoted in IT / automobile / chemical-pharmaceutical and other sectors.
16.2 First Product Specific Automobile and Auto Component SEZ at Adityapur has been sanctioned and is under implementation.
17. CLUSTER DEVELOPMENT
17.1 (a) The State Government will promote cluster development of industries under existing schemes of Government of India.
(b) The State Government will extend all necessary support for cluster development of industries under the relevant schemes of Government of India viz Small Industry Cluster Development Programme of Ministry of MSME and IIUS Scheme of Directorate of IPP.
(c) Quality of infrastructure in industrial clusters of the State would be upgraded through a cluster development action plan in collaboration with industries and all other concerned department / agencies availing the Government of India schemes. State Government will support and supplement the cluster plans depending upon the nature of cluster, sustainability of activities and other considerations.
(d) State Government has identified 56 clusters including Refractory Cluster, Dhanbad; Mini Cement Cluster, Ramgarh; Bell Metal Cluster at Bishnugarh, Hazaribagh and Khunti, Steel Processing Cluster at Giridih, Hard Coke Cluster at Dhanbad and Forging and Hand Tool Manufacturing Cluster at Bhendra, Bokaro.
(e) A number of clusters are already under implementation in Sericulture, Handloom and Handicraft Sector.
17.2 Adityapur Auto Cluster is under implementation at a total cost of Rs 65 crore. It aims at developing testing facilities and environmental improvement through installation of CETP & HWMF.
17.3 Necessary help through DCs / MDs (AIADA, BIADA, RIADA, SPIADA) and other State Govt. agencies will be extended to cluster SPV in purchase / allotment / acquisition of land.
18. MICRO, SMALL AND MEDIUM ENTREPRISES (MSME)
18.1 MSMEs have contributed significantly in manufacturing and exports of the Country besides providing adequate job opportunities. It will be promoted with the following incentives.
(i) Price preference will be allowed for goods manufactured by Micro and Small Industries of Jharkhand in case of purchases by Govt. Departments and State owned PSUs including Boards, Corporations, Development Authorities, Improvement Trusts, Municipalities, Notified Area Committees, Cooperative bodies and institutions aided by State Govt. and Companies where Govt. share is 50% or more.
(ii) The State Government proposes to formulate a Marketing Policy for safeguarding the interest of local Micro and Small Enterprises (MSE). Provisions of the proposed policy include :
(a) Tender forms for bidding will be made available free of cost.
(b) Exemption from payment of Earnest Money Deposit (EMD) and Security Deposit (SD).
(c) Bill discounting facility will be made available on Government Orders.
(d) 10% price preference i.e. where the bid of Micro and Small Enterprises are within 10% of L1 (least priced bid), the local Micro and Small Enterprises may be given an offer of reasonable part (max. 20%) of the Order at L1 through a predetermined transparent process.
(iii) Providing platforms for interaction between Enterprises of Jharkhand and potential domestic and global markets through Trade Fairs, Road shows.
(iv) Encouraging the MSEs to participate in national and overseas business fairs and exhibitions, and international delegations.
(v) Setting up a permanent exhibition-cum-convention centre for exclusive display of MSME products.
18.2 Creating Jharkhand Micro and Small Enterprises Facilitation Council – a quasi judicial body to redress the problems being faced by local MSEs in marketing their quality products.
18.3.1 Efforts will be made to make full payment for the items bought from MSEs under 18.1 (ii) within 30 days of complete supply.
18.3.2 Industrial units of the State without price preference facilities will be allowed to supply their products to Government Departments and other organizations (as mentioned in 18.1) at the lowest rate (L1), depending on their capacity, at maximum of 50% of the work order, if they qualify otherwise.
18.3.3 The raw material generating units shall be persuaded to give purchase preference to the local industries, whose production is dependent upon the supply of such raw material. Similarly, the PSU’s / Private Sector large industries, located within the State would be persuaded to give purchase preference to the local industries while making purchases of raw materials and other items required by it. Preference would also be given to the local industries in supply of forest produce available in the State.
18.4 A symbiotic relationship between the MSME and the Technical Institutions will be developed by linking each cluster with a technical institution to solve the technical and design related problem of the MSMEs.
18.5 Efforts will be made to provide linkages for MSMEs with micro-finance institutions, raw materials, focused market access etc.
18.6 Special emphasis will be given on providing Common Facility Centres (CFC) mainly through Public-Private-Partnership (PPP) initiatives to MSME projects of a cluster.
18.7 Schemes like ASIDE, Credit Guarantee Fund Trust Scheme, Cluster Development Programme for MSMEs, Credit Linked Capital Subsidy Scheme, Technology Upgradation Scheme being operated by Govt. of India and various other Promotional Schemes of different Ministries of Govt. of India are proposed to be suitably dovetailed for the benefit of MSM Enterprises of the State. Efforts will also be made to suitably complement these schemes enabling the entrepreneurs to avail maximum advantage of these schemes.
19. VALUE ADDITION
19.1 The State of Jharkhand is blessed with huge natural resources such as minerals, forests, horticulture, water resources etc. Value addition to these resources will enable the State to develop fast.
The State can be roughly divided in 8 major zones based on raw material deposits and industrialization.
| Palamau – Garhwa | : | Deposits of Iron Ore, Dolomite, Coal, Graphite, China Clay and granite. |
| Lohardaga Industrial Area / Latehar | : | Aluminium Industries based on bauxite reserves, Power Plants. |
| Koderma– Hazaribagh Industrial Area | : | Mica based Industries, Power, Cement, Glass, Alloy Steels, Telecom and Refractory, Power Plants. |
| Ranchi Industrial Area | : | Medium and Large Scale Industries, IT-ITES, Food Processing. |
| Dhanbad-Bokaro Industrial Area | : | Coal and Steel, Refractories, Coal based Power Plants. |
| Singhbhum Industrial Area (Jamshedpur & Adityapur) and Singhbhum, Kolhan Division | : | Iron and Steel, Auto Component, Cement, Uranium, Copper and Gold Mining, IT-ITES, Forest Produce based, Horticultural Food Processing, Silk and Textile. |
| Ghatsila Industrial Area | : | Copper and Forest based Industries. |
| Deoghar-Jasidih & Santhal Pargana | : | Oil Mills, Glass, Steel, Aromatic-Medicinal Plant, Medicine, Coal based power plants, silk-textile industries. |
Efforts will be made to add value to the above mentioned resources of the State located in various industrial areas and fully exploit the potential of respective areas so that the spread of industries and economic activities take place uniformly throughout the State without any regional imbalance.
19.2 Large amount of iron ore fines / dust from captive and other operating mine has been accumulated over the years. This may increase further in course of time with the economic activities picking up in the area. State Government will promote pelletisation of these fines for further value addition within the State. Department of Mines will facilitate linkage of these fines with pelletisation units.
19.3 (a) In order to promote better environment, management practices and clean technology. State Government will promote setting up of cement plant near integrated steel plant and power plant or using slag and fly ash.
(b) Mega steel and power units may take initiative to promote use of these materials by providing long term assured contract for supply to cement and brick unit.
(c) MSME may use fly ash for making fly ash bricks.
19.4 Industries will be encouraged to secure better waste management through innovative technology for pollution prevention and abatement.
19.5 Enhancement of revenue through carbon credit mechanism is proposed to be encouraged. A nodal agency will be identified for promotion of carbon credit trading that will provide technical, financial and institutional support to interested companies.
20. PROMOTION OF SERICULTURE, HANDLOOM & HANDICRAFT
20.1 Jharkhand ranks first in the country in production of Tasar Silk. In order to maintain the leading edge and give special thrust to the sector, Jharkhand Silk, Textile and handicraft Development Corporation (JHARCRAFT) was established in 2006 to provide support in design, training, entrepreneurship development, marketing, raw material support in clustered and organized manner by grouping local artisans, SHG’s and NGOs involved in similar activities. JHARCRAFT has emerged as a brand not only in the country but also abroad. JHARCRAFT is supporting more than 2.0 lakh rearers, reelers, spinners, weavers, artisans etc. It also maintains cocoon banks using existing infrastructure besides creating new infrastructure with the financial support of the State Government and has 18 marketing outlets in cities including Ranchi, Delhi, Kolkata, Bangalore, Ahmedabad and Mumbai. Marketing is also being extended under franchisee mode.
20.2 Skill development efforts in the area of Sericulture, Handloom and Handicraft have been intensified with the setting up of Jharkhand Silk Training Centre, Kharsawan, in collaboration with NIFT, Kolkata; Saheed Nirmal Mahto Institute at Bhagaiya in collaboration with NID, Ahmedabad; and Apparel Training Centre, Namkum, Ranchi in collaboration with Export Promotion Council, GOI.
20.3 Further expansion of this sector for setting up of reeling / spinning / weaving etc. is envisaged in PPP mode with viability gap funding.
20.4 (a) State Govt. will make efforts to set up in each district of the State at least one unit for sericulture, handloom, handicraft (one of these or mixed) activities for generation of direct employment of atleast 250, if one of the above mentioned activities is taken up for implementation and 1000, if all the activities are taken up for implementation.
(b) Activities under (a) may be taken up under joint venture, PPP mode or as Private Enterprises under broad supervision and assistance of Director, Handloom, Handicraft and Sericulture / Jharcraft.
(c) All necessary help / assistance in marketing of products will be extended by Jharcraft.
20.5 (a) Financial assistance will also be extended for establishment of Skill Development Centre (SDC).
(b) The assistance will be restricted to Rs 5,000 maximum per trainee to be trained in such SDC.
(c) The SDC will have a minimum training capacity of 2000 trainees per year.
(d) Financial Assistance of 90% of training cost will be provided to SC/ ST/ Physically Handicapped / women and 75% to others.
(c) SDC will be duly graded by competent Authority.
20.6 Quality power supply will be made available to powerlooms.
20.7 (a) Interest rate subversion of 2% will be given against working capital to weavers, reelers, spinners, handicraft artisans etc of Self Help Groups (SHG) of 10 or more members for producing articles / products worth more than Rs 1 lakh per member.
(b) This financial benefit will be available to such SHGs who are registered with JHARCRAFT / KVIB / NABARD / Government / PSU / Scheduled Financial Institutions / Banks and are supplying products worth Rs 10 lakh or more per annum for sale through Jharcraft / KVIB / any authorised State Government approved agency.
(c) A detailed administrative procedure will be worked out in consultation with NABARD, Financial Institutions etc.
21 TEXTILE AND APPARELS
21.1 Industrial units under this category including Jharcraft, or projects under joint venture, PPP mode, State Govt. etc will be facilitated to get access to all the existing schemes of Govt. of India such as
(i) Technology Upgradation Fund Scheme (TUFS)
(ii) Scheme for Integrated Textile Parks (SITP)
(iii) Scheme for Integrated Skill Development
21.2 The State Government will extend the benefits to textile / apparel units in areas / activities excluding those which have been covered under Govt. of India schemes.
21.3 The facilities available in industrial training institute of the State for apparel production will be upgraded by the State Govt. and such training institutes will be allowed to run various courses in apparel production as per the schemes of All India Apprenticeship Training.
21.4 Efforts will be made to attract major textile companies for establishment of textile units in the State.
21.5 Since there is substantial scope of employment generation in textile sector, efforts will be made to set up reeling / spinning / weaving / readymade garments / apparel parks etc under PPP / Joint venture / private mode.
21.6 Jharcraft will be given assistance of 75% of the total project cost incurred, upto Rs 5 crore maximum, for setting up an autonomous institute of quality apparel training. The financial assistance can be used by Jharcraft towards fixed cost, plant machinery, equipment etc. and Jharcraft can set up the institute on its own or in joint venture or in collaboration with multiple agencies / institutes. The recurring expenditure for the training institute, however, has to be borne by the promoter institutions.
21.7 Similar facilities of financial assistance, as mentioned in sl. 20.5 can be extended to any reputed organization or institute which has run and managed such institution at least during last five years. This may also be set up in joint venture or PPP mode with Jharcraft, ITIs, Industrial houses or other institutions.
21.8 A networking of training institutions will be done by Directorate of Handloom and Sericulture and detailed data base will be maintained.
21.9 (a) The Training Institutions mentioned in sl. 20.5 charge tuition fees from trainees to meet their recurring expenditure.
(b) Since the training fee of ITIs for apparel training is very high compared to that of other courses, 50% of total fees upto maximum of Rs 5000 per trainee per course charged by the institution will be reimbursed by the State Govt to selected candidates and institutions.
(c) However, this support will not be available to those trainees availing any other similar benefit provided by State Govt. / Central Govt. / sponsorship under CSR activities of the Industries etc.
21.10 Financial assistance, as reimbursement of training cost with maximum limit of Rs 5000 per trainer per week, will also be provided to apparel training institutions / centres approved by State Govt. for imparting training to the trainers
(a) 100% in case of trainers attending autonomous institutions promoted by Govt. / Public Sector Undertakings and
(b) 50% in case of trainers attending other institutions. The training will be conducted in the institutions approved by the State.
21.11 The Govt. of Jharkhand will notify all Textile and Apparel Parks as Public Utility Services.
22. PROMOTION OF AGRO-FOOD PROCESSING BASED INDUSTRIES
22.1 Jharkhand has diverse agro climatic conditions suitable for the cultivation of a wide range of agricultural and horticultural crops. It has a progressive farming community who are involved in organic farming, horticulture and floriculture. With cheap labour and other inputs and its proximity to industrial and urban centres of West Bengal and Orissa, Jharkhand is an ideal place for value addition in these activities. The thrust needed is to focus on food processing and preservation to create more off farm jobs, bring greater value addition and increase the income of rural workforce and farmers.
22.2 (a) Several Departments of Government of India (including Department of Food Processing Industries, Rural Development, Commerce & Industry, MSME, Agriculture etc.) directly or through agencies such as APEDA provide support to various elements of the value chain through existing programmes & Schemes.
(b) The State Government may help private investors in developing end to end integrated project in agro industry / food processing value chain by providing a convergence of all existing schemes.
(c) The State Government may provide viability gap funding or other necessary help if required.
(d) The help of international funding agencies like World Bank, ADB and IFAD may also be taken.
(e) Dovetailing these may be ideal for maximising support and knowledge.
22.3 Besides agriculture, horticulture and floriculture, there is a scope for promotion of pisciculture by promoting reservoir, fisheries and concept of matsya mitra and fish cooperative with the help of NFVD and State Government. Cultivation of prawn and ornamental fish and organised fish marketing may be a good venture for MSME.
22.4 The State has excellent potential to develop poultry, piggery, goatery and dairy in organised sector by ensuring the participation of rural population in the form of cooperatives, Self Help Groups etc. Adequate animal health facility, artificial insemination, marketing network and refrigeration & storage facility for dairy product along with other products has to be provided.
22.5.1 (a) A Food Park is an agri / horticultural processing estate developed for individual processing units with support infrastructure, including some common processing facilities and other services where needed, and linked with a well established supply chain both inside and outside the estate.
(b) Food parks would enable particularly small and medium enterprises to attain viability by sharing the cost of major common facilities such as R&D, cold storages, warehousing, pack houses, laboratory for food testing and analysis, effluent treatment plant, common processing facilities, power, water supply etc. Very limited number of food parks is being sanctioned by Government of India. In view of this special request can be made to Government of India to increase the number of food parks in the State.
(c) One Mega Food Park is being set up at Getalsud, Ranchi on an area of 56 acre where 32 food processing units are likely to be established with basic facilities such as roads, drainage, water connection, power and cold storage chains. Central processing unit at Getalsud will be linked to production centres at places like Lohardaga, Gumla, Hazaribagh, Patratu etc where primary processing will be done.
22.5.2 Food Parks may also be established on land acquired privately. Such parks will also be entitled for the same benefits as envisaged for other types of parks provided by the State under the Policy. Other terms and conditions of establishing the private food parks can be negotiated by the investor.
22.5.3 The developer of Food Park on Government land / IADA land will be allowed to sub-lease the land to other food processing industries in consultation with Government / IADA.
22.5.4 (a) MSME cluster will be promoted under specific crop e.g. cashew, mango, jack fruits etc.
(b) The MSME cluster will have a common facility centre providing necessary infrastructure for storage of produce, grading, processing and packaging, cold storage extension and information counter. This would act as aggregation point for large processing units.
(c) It will be developed in SPV mode as envisaged in MSME cluster schemes.
22.5.5 Promotion of setting up of new cold chain / cold storage or upgradation of existing facilities may be aggressively promoted under NHM where subsidies are available up to 55% in schedule area and 40% in non schedule areas. Quality power at agricultural rate will be provided to cold storage / cold chain facilities for five years.
22.5.6 (a) APMC will promote upgradation of storage capacity of their existing godowns. APMC may enter into joint venture or PPP mode for the development of accredited warehouse facility / quality warehouse / cold storage / grading, sorting, packing facilities for the farmers in their market yards / land.
(b) Private investment for this on private land will be given an assistance of 25% of capital cost of facilities upto a maximum of Rs 50 lakh, as incentive, if similar incentive has not been availed under any other schemes of Government of India, State Government or other organization.
No other facility envisaged in this policy shall be admissible.
22.5.7 No Mandi Fee (Market Fee) would be charged on notified agriculture produce purchased for use as raw material from outside the State by the food processing industries.
22.5.8 Department of Agriculture, Animal Husbandry & Fisheries and Cooperative along with SAU, CFTRI, IHRI, UAS, CIMAP, APEDA will promote necessary R & D support, skill development and entrepreneurship development among the farmers, investors and entrepreneurs. Detailed guidelines will be worked out by the Department.
22.6.1 (a) The State with its diversified agro-climatic conditions is well suited for the development of horticulture-based economy. It has total production of 37.7 lakh MT horticulture produce out of which 20.77 lakh MT is surplus.
(b) The National Horticulture Mission (NHM) and National Mission on Micro irrigation besides several other initiatives have helped in improving production and productivity continuously.
(c) Efforts are being made to increase the productivity of fruits (from 9.8 tonnes per hectare to national average of 11.9 tonnes per hectare) by necessary technological inputs and practices.
22.6.2 Entrepreneurship development programme with focus on this sector will be specially designed and implemented in consultation with the Deptt. of Agriculture-Horticulture & AHD and agriculture , biotechnology / management institutes and experts. Technical and Management experts in related area including bio-technology will also be involved.
22.6.3 (a) Enterprises using local agro raw material and allied agricultural activity produce will get preference in land allotment by IADAs.
(b) Food processing industries will be declared as seasonal industry wherever necessary and thus will be eligible to get relief from minimum electricity charges during the closure (non-seasonal) period.
22.7 Urban local bodies and State Marketing Board can extend necessary help in development of meat markets in hygienic and clean conditions.
22.8 Establishment and revival of Becon factory under PPP mode will also help the growth of this sector.
22.9 (a) Fish cultivation has emerged as one of the major income generation activity in the State. The fish production has increased from 14,000 MT to 72,000 Mt in last 10 years. It could be achieved with help of the State Government and involvement of Matsya Mitra- a voluntary body, in quality seed production which has increased from 9.0 crore to 67 crore in last 10 years. This concept of Matsya Mitra has been accepted by NIRD as the most innovative concept and one of the best practices. There are 3600 Matsya Mitra in the State and about 24000 families are dependent on fishing activity for their livelihood.
(b) Dedicated site may be developed by Jharkhand State Marketing Board, Urban & Rural local bodies etc. for the fish farmers with adequate infrastructure e.g. water, light, waste disposal etc.
(c) Promotion of prawn cultivation and ornamental fish may also prove to be an excellent economic activity.
22.10 The meat sector in the State is pre-dominantly unorganized. There are no modern abattoir and processing facilities in the State. In spite of a large livestock population, the meat industry in the State has not evolved to its potential.
23. Automobile and Auto Components
23.1 (a) India’s leading automobile industry began manufacturing commercial vehicle in early 1950s at Jamshedpur. The industry today is among the leaders in producing commercial vehicles and is among the top three companies in production of passenger vehicles in the country.
(b) More than 600 auto ancillary industries including auto components units have been set up subsequently at Jamshedpur and Adityapur to cater to the needs of automobiles companies. It has generated more than 20-25 thousand direct employment and several times of it as indirect employment
23.2 (a) All types of auto grade steels are being produced at Jamshedpur since 1980s.
(b) Demand for automobiles ( two, three & four wheelers) Light Motor Commercial Vehicle / Heavy Commercial Vehicle has increased several fold. Accordingly the demand of auto component has also gone up.
(c) All necessary infrastructure exists near Jamshedpur - Adityapur for auto ancillaries.
(d) Auto-Cluster is being made operational at Jamshedpur to extend common facilities such as testing centre, design lab, effluent treatment plant etc. to auto component makers.
23.4 The leading automobile industry at Jamshedpur has expanded its capacity in different types of vehicles besides putting a new assembly line for the production of World Truck – a heavy duty goods vehicle which has resulted in the growth of ancillary units and additional employment.
23.5 Automobile Vendor Park will be established under PPP or Private Mode by Mega Automobile Manufacturing Units. This park will be entitled to get same benefits as envisaged for other parks in sl. 15.
23.6 (a) Mega automobile manufacturing units will set up a skill development centre for the skill upgradation and training in activities like driving, vehicle maintenance etc. pertaining to automobile sector. The capacity of the centre will not be less than 1000 trainees per annum.
(b) State Government will bear 50% cost of training subject to a maximum of Rs 5000 per trainee for each successful completion of training as mentioned in sl. 20.5.
(c) Trainees against whom reimbursement of the training cost will be claimed by the skill development centre shall be residents of the State as per norms stipulated by Personnel Department of Government of Jharkhand for educational institutes.
(d) 50% of the total number of successful trainees annually must fall in the category as mentioned in sl. 23.6 (c).
23.7 Mega Automobile Manufacturing Units will set up new ITI with annual capacity of 300 trainees or adopt and upgrade existing ITIs for the training of fitter and some other relevant trades of Automobile sector keeping in view the employability of the successful trainee.
23.8 Mega Automobile Manufacturing Units fulfilling conditions mentioned in sl. 23.6 and sl. 23.7 will be eligible to get VAT concessions for one year extra for the activity mentioned in sl. 23.6 (a) & 23.7.
24 ENERGY
24.1 (a) The State proposes to promote increasing use of renewable and environmental friendly sources of energy. Thrust will be given to develop these on BOT basis through private sector participation.
(b) The State has substantial biomass availability due to its large agricultural base. These energy units could be based on paddy-waste, rice straw / husk, Jhari leaves, twigs, geo-thermal, solar etc.
(c) The State has almost 300 days per year long sunshine hours. The State has a potential to harness considerable amount of solar power.
(d) It is roughly estimated that the potential of Jharkhand to generate energy from the above mentioned non-conventional sources is about 400-500 MW.
(e) In view of the guidelines of State Electricity Regulatory Commission, it is proposed to purchase at least 10% of State’s total power purchases from these sources.
(f) A beginning has been made and approximately 6000 houses in 44 villages have been energized with non-conventional energy.
24.2. (a) The State has installed capacity of 1320 MW.
(b) The per capita energy consumption of the State is low (552 kwh) as compared to the national average consumption (720 kwh).
(c) The State Government has targeted to achieve cent percent rural electrification.
24.3 (a) Under tariff based competitive bidding and Government Dispensation route, Jharkhand has been allotted 6 coal blocks which requires to be used for electricity.
(b) Large number of MoUs have been signed with private investors for installation of Thermal Power Plants with capacity installation of over 43000 MW in the medium term. Jharkhand is, therefore, poised to leverage the availability of low cost power to investors.
24.4 The State Government shall encourage private sector participation in generation, transmission and distribution of power.
24.5 Mega Projects (with investment in fixed assets in excess of Rs 100 crore) will be allowed to have captive power plants, to generate power from waste heat recovery, and to wheel power to sister concerns. Such units will also enjoy 50% exemption from electricity duty for a period of 5 years.
24.6 A power plant generating power from renewable sources, with commercial operation after the effective date of implementation of this policy, shall be deemed to be a new industrial unit and will be entitled to all the incentives under this policy. These plants will not be liable to pay 50% electricity duty for a period of 10 years.
24.7 Information Technology, Bio-technology and Tourism related activities (existing or new) which are treated as industrial activity will be entitled to have power at industrial or commercial rate of tariff, whichever is lower, subject to JSERC approval.
24.8 Department of Energy is bringing out a new and separate policy for further facilitation in the sector.