Interpretation Required

Pls Give an interpretation of Para 2

Para 1

"Expansion / Modernization / Diversification of an existing unit would mean additional fixed capital investment in only plant and machinery to the extent of 50% or more of the undepreciated value of fixed capital investment just before taking up this expansion / modernization / diversification in this unit leading to additional installed capacity which would not be less than 50% of the installed capacity before taking up this expansion /modernization / diversification.

Para 2

In case of expansion/ modernization the additional investment as above must result in atleast 33% of additional production beyond 2/3 of installed capacity prior to expansion/modernization or maximum production achieved during last three years prior to start of the expansion / modernization, whichever is higher.

Thanks in Advance

In case of expansion/ modernization the additional investment as above must result in atleast 33% of additional production beyond

2/3 of installed capacity prior to expansion/modernization or
maximum production achieved during last three years prior to start of the expansion / modernization,

whichever is higher.

this can be understood with this example:

installed capacity before expansion= 75000 units.

installed capacity after expansion= 20000 units.

production achieved during last three years prior to start of expansion: 40000, 42000, 47800

sol: the required additional production should be atleast 33% of the higher of followings