Current Affairs Exam

Himachal CM seeks enhancement of state share in hydro power projects

Himachal Chief Minister Sukhvinder Singh Sukhu in a meeting with Union Minister of Power, New and , R.K Singh urged the Union Minister to enhance the State’s share in the power projects which were commissioned 25 years back and have completed their loan repayments. He said that state share must be enhanced from 12 to 15 percent.

The Union Minister was apprised that around 12000 MW of hydropower potential in the State was yet to be harnessed. He said the has now relaxed the rules and procedures for the investors and Deputy Commissioners have been empowered to accord permission. The state government is committed to accord all necessary permissions in a time-bound manner especially in Energy sector and to ease the process for applying.

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