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Green Cess In KarnatakaPosted on : May 08,2010
The State Government will again go before the State power regulator seeking permission to impose a “green cess” on industries to raise funds to support renewable energy initiative. The cess amount would be used for building infrastructure for renewable energy projects such as laying new power lines for evacuation of power. such a system was in practice in Maharashtra. green cess of 5 paise per kilowatt hour (kWh) on commercial and industrial consumers and that's expected to generate about Rs 55 crore annually for renewable energy. Draft policy aims to increase renewable energy generation from 2,400 MW to 6,600 MW by 2014.
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