NHPC, PDC agree to pay water usage charges
Expecting ` 913 cr Per Annum: Taj
Srinagar, Mar 2: Government of India-owned National Hydroelectric Power Corporation (NHPC) and other energy generating companies have agreed to pay the user charges for harnessing the Jammu and Kashmir’s water resources for power generation.
“The companies have agreed to pay the user charges. The Executive Director, NHPC, called me on phone yesterday and agreed in principle that the corporation will make the payments. The State Power Development Corporation too has responded positively,” Minister for PHE, Taj Mohi-ud-Din told Greater Kashmir on Wednesday.
The state legislature had last summer passed a legislation named, Jammu and Kashmir Water Resources (Regulation and Management Act) - to impose water usage charges on power generation companies in Jammu and Kashmir. It was enforced on November 11 last year and earlier this month the state’s PHE department had issued bills to the power generating companies – NHPC and J&KPDC.
“NHPC will be paying Rs 37 crore for water usage from November 12 to December 31 2010 while as the charges due to JKPDC are Rs 27 crore for the same period,” Taj said. “The NHPC has to make payment in one instalment while as PDC has agreed to make payments in three instalments beginning with Rs 10 crore payment tomorrow,” the Minister said.
The billing had been worked out as per the current discharge in the rivers which usually falls during winters but is expected to rise in summers.
The government has already asked the companies having several power projects in JK to complete all formalities including license for water usage from PHE department and registering themselves with the State Water Resources Regulatory Authority (SWRRA), to be constituted under the act.
Government is hopeful of realizing Rs 913 crores as water usage charges for this year which comes out to be 25 percent of the state’s total resource base.
“The department will be charging 25 paisa per cubic meter for first two years after which the rates will be reviewed,” Taj said. He said as per the Act, the water usage charges would be imposed on the power generating companies from the date the new law came into force and no decision has been taken on the arrears.
He said once projects like Kishanganga and Uri-II are completed, the revenue generation on account of water usage by power projects is expected to cross Rs 1500 crore.
Under the Act the government is setting up State Water Resources Regulatory Authority which would be vested with the powers to decide on water usage tariff.
Lastupdate on : Wed, 2 Mar 2011 21:30:00 Makkah time
Lastupdate on : Wed, 2 Mar 2011 18:30:00 GMT
Lastupdate on : Thu, 3 Mar 2011 00:00:00 IST
- MORE FROM FRONTPAGE
- PM arriving Friday
- Allotment to start after inauguration
- Militant killed in Tral encounter
- British envoys call on Malik
- 'OMAR’S REMARKS BIZARRE'
- Herath celebrated in Valley
- I’m impartial,unbiased: Speaker
- Pakistan Minority Affairs Minister Assassinated
- Hopeful of sustained engagement with India: Tehmina
- NHPC, PDC agree to pay water usage charges
- Kashmir losing to Himachal on fishing tourism
- Farooq, Omar bereaved
- One more spell of rains, snowfall Highway Closed
PRESS TRUST OF INDIA
Srinagar, Mar 2: A university lecturer, hailing from Meerut district in Uttar Pradesh, was found dead inside his rented accommodation here today, a police spokesman said. Body of Muzher Ahmad More
- Srinagar City
City gets Grandeur
SYED IMRAN ALI HAMDANI
Srinagar, Mar 2: From cosmetics to expertise, this beauty salon promises everything of international standards right here in this summer Capital. Grandeur, The Beauty Salon inaugurated Wednesday comes More
Jammu, Mar 2: Minister for Forests, Environment and Ecology, Mian Altaf Ahmad today said that it is the responsibility of every individual to protect forest wealth and ensure environment friendly More
- News in Brief
Srinagar, Mar 2: A youth who was bitten by a stray dog last week in Pampore succumbed to his injuries today. Shakeel Ahmad Shah, son of Abdul Salam Shah of Tulbagh Pampore was bitten by the dog near More
Jammu, Mar 2: J&K government is making last ditch effort to persuade centre to release the funds in one go under the next year’s annual plan on the plea to avoid delay in completion of development More
FOCUS ON JK YOUTH
PRESS TRUST OF INDIA
New Delhi, Mar 2: An expert group headed by former RBI Governor C Rangarajan for formulating a comprehensive job plan for youth of Jammu and Kashmir will submit its report to Prime Minister Manmohan Singh More