Skipper updates on positive developments in Govt policy

10 Dec 2022 , 12:02 PM

Skipper announced 2 positive development on the government policy front which will have a positive bearing on the companys growth and performance

Restoration of RODTEP Scheme in its Engineering Product business

– Taking a major step to boost exports Centre has further expanded the scope of RoDTEP Remission of Duties and Taxes on Exported Products The scope now includes export of articles of Iron and Steel under Chapter 73 of ITC HS schedule which mainly covers our Engineering exports products and items h

– The aforementioned development will boost our export competitiveness and potentially improve our operational performance

Government Launches Transmission System Plan for integration of over 500 GW Renewable capacity by 2030 h

– The plan titled Transmission System for Integration of over 500 GW capacity by 2030 entails connecting mega solar parks and wind power zone with National Grid System and will see an investment of Rs 244 trillion in domestic transmission projects h

– The plan includes construction of 8120 circuit km ckm of high voltage direct current transmission corridors 800 kV and 350kV 25960 ckm of 765 kV ac lines 15758 ckm of 400 Kv Lines and 1052 ckm of 220 Kv Cables

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