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There is immense potential for setting up
Thermal, Hydel, Geo-thermal, Atomic and Methane and Gas based power
plants in Jharkhand.
A number of mini and micro
hydel power plants can also be set up at various identified places,
each of which will provide 1 MW to 10 MW power to the adjacent
areas. The government will accord industrial status to these plants.
Private sector will also be
encouraged to exploit and develop non-conventional sources of energy
for power generation such as geo-thermal energy, biomass based
power, solar power, wind power etc... Industrial status will also be accorded to these units by the
State Government.
The Jharkhand government is
committed to open its power sector for private investment and extend
all facilities and incentives to investors.
An investor friendly industrial policy has been adopted that
will ensure all cooperation to an investor. Some of the salient features are:
- Help in organizing project prelims
- Help in dealing with government departments
and agencies
- Expeditious disposal of proposal related
matters
- Help in identifying local agencies for
association in the project
- One person of the Board will coordinate all
matters related with IPP proposals to act as single window
Above all, an Entrepreneur is
considered a most valuable visitor to the board.
Total exemption from sales tax
on a wide range of equipments operated by non-conventional energy
such as –
- Solar energy equipments
- Wind mills and specially designed devices on
wind mills
- Equipments for utilizing geo-thermal energy
- Electricity operated vehicles including
battery powered or fuel cell powered vehicles
Besides
- Every assistance will be provided to IPPs in
getting Captive Coal Mines in the state
- Up to 100 KV or its equivalent to be treated
as LT IS
- More than 100 KV or its equivalent to be
treated as HT IS
- Thermal projects of more than 500 crores to be
treated as Mega Projects
- Hydel Projects of more than Rs. 100 crores to
be treated as Mega Projects
- Two tier tariff system available
- Maximum connected load to be converted into
Maximum Demand Load
- DPS @ ½ % per week in place of 2% per month
- JSEB permission not required for installation
of generating sets
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