IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 05 Jul 2016 | Removal date: open ended
Still in force

Production subsidy

On July 5, 2016, the Ministry of Energy and Mining together with the Ministry passed the joint resolutions 122/2016 and 312/2016. This new law allows companies in enumerated sectors which consume more 300 KW of power to apply a discount of up to 20% over the wholesale energy price with a limit of 10,000 MWh.

The arranged discounts will be applied in the following staggered form: for the first 3,000 MWh, a 20% discount will be applied; for the following 3,000 MWh a 10% discount will be applied; and for the last 4000 MWh, a 5% discount will be applied to the current market price.

 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

031 Wood in the rough
161 Chemical & fertilizer minerals
162 Salt & pure sodium chloride; sea water
163 Precious & semi-precious stones; natural abrasives; other minerals
261 Natural textile fibres prepared for spinning
262 Man-made textile staple fibres processed for spinning
311 Wood, sawn or chipped lengthwise, sliced or peeled, of a thickness exceeding 6 mm; railway or tramway sleepers (cross-ties) of wood, not impregnated
312 Wood continuously shaped; wood wool, flour and chips
313 Wood, rough or treated; railway sleepers; poles
314 Boards & panels
315 Veneer sheets; sheets for plywood; densified wood
316 Builders' joinery & carpentry of wood
317 Wooden packing cases; pallets & other load boards; barrels
319 Other products of wood, cork or straw
321 Pulp, paper & paperboard
341 Basic organic chemicals
342 Basic inorganic chemicals n.e.c.
363 Semi-manufactures of plastics
364 Packaging products of plastics
371 Glass & glass products
411 Basic iron & steel
429 Other fabricated metal products

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