Generate power, don’t pay tariff

Chandigarh, Sep 13 (Calcutta Tube) Consumers in Haryana who generate their own electricity from solar or captive power plants will get a three-year tax holiday, it was announced here Sunday.

The Haryana Power Utilities has exempted people generating electricity for their own use from paying electricity duty for three years, an official spokesman said Sunday.

The exemption will be effective from April 1, 2010 to March 31, 2013.

The Haryana Renewable Energy Development Agency (HAREDA), a state government agency, had allocated six projects with a maximum capacity of 12 megawatts to private developers to generate power from solar energy in August 2008.

The projects are also being executed by private industries, with a total investment of nearly Rs.2.4 billion (240 crore).

Leave a Reply

Your email address will not be published. Required fields are marked *