He said the new government has given the green signal to change the parameters of royalty and cess levied on the nine big hydropower projects in the state which produce 1252 MW of electricity.
The power tariff on electricity produced from these projects costing Rs 2 per unit till now will have a cess of 30 paise and a royalty of 10 paise per unit. This is likely to affect over 20 lakh subscribers in the state.
The government has said projects which can levy the new tariff have to be at least ten years old. Nine hydropower projects come under this ambit while the nine-year-old Manerbhali project is out of it.
The decision has been ratified by Chief Minister Trivendra Singh Rawat-led cabinet, an official said.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
About VDC
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.