‘Set up separate bodies for Sikkim hydro power development’
GANGTOK:30 July 2009:
A White Paper prepared by an expert agency recommends setting up two nodal bodies - Sikkim Hydro Power Corporation Ltd (SHPC) and Sikkim Transmission and Distribution Corporation Ltd (STDC), to better harness the state's projected capacity of 80 00 MW hydro energy.
The document, prepared by New Delhi-based agency Entecsol Internation presented in the state legislature on Thursday suggests the government entrust the task of management and supervision of the existing hydro power projects to SHPC.
The nodal agency should be the sole agency for the sale of power generated by its own plants, the state's share of power from the central pool and the free power on account of royalty, cess and local area development, the report said.
Similarly, the report says the state should consider setting up another nodal agency -STDC - for management of the existing and proposed transmission and distribution system. It says it is essential to have a dedicated entity for developing new transmiss ion lines for release of the generated power from the plants to the pooling point.
The paper further says the two proposed agencies should be run like corporates.
.... (This e newsletter since 2007 chiefly records events in Sikkim, Indo-China Relations,Situation in Tibet, Indo-Bangladesh Relations, Bhutan,Investment Issues and Chinmaya Mission & Spritual Notes-(Contents Not to be used for commercial purposes. Solely and fairly to be used for the educational purposes of research and discussions only).................................................................................................... Editor: S K Sarda
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