SHIMLA: Union minister for power, housing and Urban Affairs Manohar Lal on Thursday asked the Sutlej Jal Vidyut Nigam Ltd (SJVNL) to send its final response to the state government's plea for enhanced shared power in three hydel projects by January 15, 2025.
The direction came after a crucial meeting which the union minister held with Chief Minister Sukhvinder Singh Sukhu and senior officials of the state government here at the instance of the Chief Minister, who has threatened to take back three projects if the rightful share of free power in the projects was not enhanced.
In the meeting, the Chief Minister raised the matter of royalty aligned with the state government's energy policy. He outlined the policy, which mandates 12 per cent royalty for the first 12 years, 18 per cent for the subsequent 18 years and 30 per cent for the next 10 years in the power projects.
This story is from the November 09, 2024 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the November 09, 2024 edition of Millennium Post Delhi.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Sign In
TOP 5 INDIAN SERIES YOU SHOULDN'T MISS
LOOKING BACK AT 2024
SENSE AND SENSIBILITY
There's a whole tribe out there who refuses to subscribe to resolutions
Sharad calls Sanjay Leela Bhansali a 'demanding director'
Filmmaker Sanjay Leela Bhansali is known for his attention to detail and fiery on-set personality. Sharad Kelkar, who played a negative role in Bhansali's 'Goliyon Ki Rasleela: Ram-Leela,' opened up about his experience of working with the director.
Shruti reflects on parents Kamal Haasan and Sarika's 'painful' divorce
When my parents split up, everything changed. That's when I realised the value of financial independence,' she says
Blake claims Justin's smear campaign gets support in publicist's suit
The lawsuit was lodged in Manhattan by Stephanie Jones
Indian star fined 20% match fees, one demerit point
KOHLI, KONSTAS FACE OFF AT MCG
Bumrah keeps battle alive; Aus score 311/6 after Konstas debut
JADEJA LEAKED RUNS DESPITE GETTING KONSTAS OUT
D-Street small stocks steal the show in 2024, giving handsome returns to investors
Market experts are optimistic about midcap & smallcap stocks for next year, driven by factors like strong domestic consumption & govt infra spending
Depreciation of rupee likely to push import bill by $15 billion, says GTRI
Compared to December last year, Rupee has depreciated 2.34% against dollar, moving from Rs 83.25 to Rs 85.20,
Sri Lanka seeks to boost foreign investments in its stocks market as debt worries fade
Colombo Stock Exchange plans to hold a conference in the national capital on March 27-28 to attract overseas investors