Loading act…
This Act establishes the Uttarakhand Power Development Fund to finance the state's energy infrastructure. It imposes a specific duty on hydroelectric power plants that have been operating commercially for more than ten years. The collected funds are managed by the State Government and used to develop new hydro power projects, improve electricity transmission systems, and support renewable energy initiatives within the state. By creating this dedicated financial source, the legislation aims to ensure the sustainable development and expansion of the state's power sector infrastructure.
Imported from lawgist.in
Official Legislative Text
Educational Study Layer
Chronological legislative evolution of The Uttarakhand Power Development Fund Act, 2003 across statutory gazettes and amending Acts.