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Uttarakhand Power Development Fund Act, 2003 (Uttarakhand Act No. 21 of 2003).

Pays/Territoire
Inde
Sous-division territoriale
Uttarakhand
Type du document
Législation
Date
2003
Source
FAO, FAOLEX
Titre complet
An Act to levy and collect duty on saleable energy generated by Hydro Power projects for the development of Hydro Power projects, electricity evacuation system and extension of transmission system in the state Sector.
Sujet
Énergie
Mot clé
Énergie renouvelable Protection de l’environnement Financement Subvention/incitation Conservation de l'énergie/production de l'énergie Certification Fonds spécial Taxe/impôt
Aire géographique
Asie, Asie et Pacifique, Océan Indien, Mer de l'Asie du Sud-Est, Asie du Sud
Entry into force notes
This Act enters into force on the date of notification issued by the State Government in the official Gazette.
Résumé

This Act, consisting of three Chapters, establishes to levy and collect duty on saleable energy generated by Hydro Power projects, electricity evacuation and extension of transmission systems in the state Sector. The Government may collect duty on the saleable energy generated from the existing and notified generating Hydro Power Plants of the generating company of the State of Uttarakhand which have been in commercial operation for over ten years. The rate of the duty shall be notified by the Government. Every duty leviable under sub-section (1) shall be payable by the generating company on whom such duty is imposed. The duty leviable under sub-section (1) shall be in addition to any duty leviable under any other law for the time being in force. The State Government has the power to administer the fund and shall: take decisions regarding investment on the development of Hydro Power Projects, development of electricity evacuation system and extension of transmission system in the State sector; allocate and disburse sums as are considered necessary, to the concerned departments and/or institutions, etc.

Texte intégral
Hindi/Anglais
Site web
indiacode.nic.in