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Home News Power Sector News Hydro Policy amended in Himachal Pradesh to facilitate power projects

Hydro Policy amended in Himachal Pradesh to facilitate power projects

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HimachalHimachal Pradesh government on 25-07-2016 announced amendments in Hydro Power Policy 2006 to speed up upcoming hydro power projects in the state. As per the amendment the developer would now submit the proposals to the Deputy Commissioners concerned for obtaining approvals/ No Objection Certificates (NOCs) from different departments including Gram Panchayats.

Under the certain clauses has been added in the policy for condoning the inordinate delays in approvals for commencing construction of projects. The changes will facilitate approvals in case of delay due to domain change, delay in obtaining clearances from National Board of Wildlife, delay in accordance of Terms of Reference (ToR) approval by Ministry of External Affairs, delay due to change in Policy provisions, delay in grant of environment clearances and diversion of forest and government land and due to hurdles created by locals/NGOs by way of threat to management and unethical demands, etc.

The cabinet decided to give relaxation in terms and condition in International Competitive Bidding for hydro projects in Chenab basin. It will enable the developers who have been allotted projects in Chenab basin in term of deferment of quantum of free power out of the state's own share of power royalty for initial 12 years after commissioning of the project.

The changes will facilitate sanctioning of loans for the projects and ensure the amount deferred to be recovered in a uniform percentage in the next 18 years.

Source- ET

 

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