Departmental Circular (Corn) No. 352 (A).

Sub  : Concession to sick Industrial units
Ref   : Departmental circular (Com)No. 352 issued under                                                      No. PR- 3/27903 dated 9.7.80.

The guidelines No. 3 regarding recovery of simple interest at the rate of 10% per annum needs a clarification and the same should now be read as follows: 1) "Simple interest at the rare of 10% per annum on the difference between the amount of tariff minimum charge and 20/12% of the capital cost of the service connection for a period equal to the time for which the unit is sick will be recovered. This simple interest shall also be recovered in the cases where the recovery extends to the earlier period prior to 1.10.79, either as a result of the concession not having been granted yet or as a result of the concession having become void due to the consumer committing a breach of the agreement by not reviving within the stipulated period or defaulting on payment of instalments. However, this recovery should not be made from small scale industrial units and khandsari and Seasonal units". The guidelines No. (3) issued earlier under Dept. Circular (Com) No. 352 should be treated as superseded by the above. Sd/- Chief Engineer (RE & Com) .