Financial Daily from THE HINDU group of publications
Saturday, Feb 26, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Industry & Economy - Taxation


Bengal proposes to impose levy on thermal power

Our Bureau

Kolkata , Feb. 25

THE West Bengal Government plans to impose a levy of one paisa per unit on thermal power to expand the scope of using renewable energy sources. The levy is expected to generate Rs 25 crore every year. Bulk of the money raised will be used for rural electrification using renewable energy.

The State Government also plans to bring into force a legislation to counter power theft, which will make imprisonment mandatory. Under the existing act, the guilty is imprisoned for failing to pay the fine levied.

Talking to presspersons here on Friday, the State Minister for Power and Non-conventional Energy Sources, Mr Mrinal Banerjee, said the Government would be presenting a Bill combining both the issues in the March session of the State Assembly.

"We have already had a round of discussion with the State Electricity Regulatory Commission (SERC) on imposition of the proposed levy. We will seek their approval once the Assembly clears the Bill," he said. Currently, Maharashtra imposes a corresponding levy of three paise.

Earlier, addressing a seminar on `Mainstreaming' renewable energy, Mr Banerjee said that the State Government had decided to electrify 2,000 remote villages by 2007 using alternative energy sources.

One hundred villages in Darjeeling had already been identified for electrification using mini or micro hydel and bio-mass sources.

"These villages are so isolated and thinly populated that traditional methods of electrification will be economically unviable," he said, adding that the proposed 10 KW to 50 KW generation units would be linked through a local grid for optimum capacity utilisation.

This apart, the State Government has already cleared 23 private project proposals. These include 12 mini-hydel, 9 bio-mass and 2 wind power generation units.

The State has already commissioned 40 bio-mass based power generation units, mostly in the rice mills, having a combined capacity of 16 MW during the past three years.

Meanwhile, the State Government is in the final stages of setting up the first tidal power project in the Sunderbans. The 3.6 MW project is now awaiting environmental clearance.

"Commissioning is expected to begin in next few months," Mr Banerjee said.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Reforms are the way to go: Survey


Positive signals on economy front: Kalam
Shift focus to corridor management: Survey
Automobile production may cross 10 m in 2 years
Rationalise excise duty for textiles
States swapped high-cost loans of Rs 92,444 cr till Dec
India Inc welcomes thrust on reforms
Survey hints at easing FDI norms further
Pension liabilities becoming burdensome
Reforms needed to power SEBs
BoP outlook `resilient'
Commodity futures — Will `unified regulator' plan start a turf war?
`Tax system must be simplified further'
A case for bigger role for States in airports
Healthy year ahead for pharma sector
Survey harps on efficient use of scarce resources
Power from solid waste
Will the FM deliver enough bang for the Budget buck?
`Indian mid-cap firms most resilient to Chinese competition'
Inflation static despite costlier vegetables, fruits
Karnataka renews pact with CII for economic growth
Young Indians urged to set the pace
Vanaspati makers seek duty relief
Allocation for fertiliser subsidy may be raised
India, Afghanistan sign MoU on aviation, media
`Trafficking in persons may cost Indo-US trade dear'
CIS delegation meets Reddy
Capital for Viceroy Hotel
`Not much progress on infrastructure front'
Land acquisition completed
Pharma exporters keen on joint ventures in CIS
Bengal proposes to impose levy on thermal power
Parliamentary panel for widening tax net
Iran plumps for $500 m from Indian cos in SSI sector
Tiruchi fabrication units get windmill orders
TRAI issues consultation paper on terrestrial broadcasting
... And now, ICT tests to qualify for US colleges
NIIT special plans for engineering, IT students
Student recruitment fair at Bangalore
Entrepreneurship course
GoM to take up draft food Bill on Feb 28
`Coimbatore real estate boom sustainable'
Reaching for the Sun
Metal scrap imports: New norms for inspection agencies
CII offers skills development initiative to Afghanistan
Focus on basic research
India Inc hails 100 pc FDI in construction sector
Patent protest
Dubai eases restrictions on expats' return
The Hindu job fair from today
Call to tap employee potential
`Companies should know their risk appetite'
Silk Week in Delhi
BIMSTEC nations to set up tourism fund
Houseboat cruises from Sunday
National policy on eco-tourism needed: Expert


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line