The Ministry of Commerce and Industry (MoC&I), on December 01, 2205, amendment in Para 6.34 of Chapter 6 of Handbook of Procedure 2023.
The following has been stated namely: -
• For para 6.34 (h), Existing Provision:- Extend validity period of LoPE beyond initial validity period of LoP (except in case where there is a restriction on initial period of approval, like setting up of oil refinery projects) as per Paragraph 6.05 (a) of FTP;
• Proposed Amendment:- Extend as per para 6.01(c) of the HBP, the i validity period of LOP/LOI once unit commences production for a period of upto 5 years at a time or ii. The 2 years initial validity period of LOP/LOI (except in case where there is a restriction on initial period of approval, like setting up of oil refinery project) by one additional year for valid reasons to be recorded in writing.
• This amendment has been introduced to provide greater clarity and to streamline the administrative processes relating to extension of LOP/LOI for EOU/BTP/EHTP/STPs.
[Public Notice No. 34/2025-26]
