Regulatory Directive Impacts Industrial Establishment Access to Utilities and Financial Support

The circular states that industrial establishments planned outside designated economic or industrial zones will not receive electricity and gas connections. Furthermore, non-bank financial institutions are barred from providing loans to new industrial establishments unless they have obtained no-objection certificates from the relevant authorities of their respective electricity and gas providers. It is advised to obtain clearance from the concerned electricity and gas suppliers before extending loans, leases, or investment facilities to new industrial establishments.