Govt proposes cess on hydel power to fund investments
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26/12/1997
The government , announcing a policy on hydro electric development, proposed to impose a cess on consumption of power throughout the country. The cess will help in creating a fund for promotion of hydel projects. The policy, approved by the Union Cabinet on Wednesday, envisages increasing public and private investment in hydel projects and offers a higher tariff to hydel power houses for electricity generated during the peak consumption hours.