States to get lion’s share in new power equation
NEW DELHI: A new power equation appears to be emerging between the Centre and states. The power ministry is willing to allow states, which approach central generation utilities for projects in their territory, to retain 85 per cent of electricity from such units.
The new approach is expected to galvanize state governments into walking the extra mile for the projects. Higher share of power is expected to make state governments cooperate and expedite land acquisition, environmental and forest clearances, water allocation, relief and rehabilitation of displaced persons as well as support in maintaining law and order situation at the project site.