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State to consider electricity duty waiver for Jayashree Chemicals
The State Level Single Window Clearance Authority (SLSWCA) will decide on the issue of electricity duty exemption for Jayashree Chemicals Ltd, the only manufacturer of caustic soda in Odisha. Burdened by the steep cost of electricity which accounts for 60 per cent of its production cost, the company had sought waiver in electricity duty for a period of 10 years. The hike in power tariff announced recently