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Bhakra-Beas power projects New Delhi, July 16 Appearing for the Centre, Additional Solicitor General Mohan Jain told a Bench comprising Justices AK Patnaik and MY Eqbal that alternatively Punjab and Haryana could compensate Himachal by allotting additional energy over a period of 30 years if they had any difficulty in making cash payment. “The energy arrears for which Himachal Pradesh is entitled were computed for each of the BBMB projects separately for each financial year since 1.11.1996 to 31.10.2011 that is for a period of 45 years,” the Union Power Ministry said in an affidavit. Punjab and Haryana would share the burden in the ratio of 58:42. The two states and HP sought two weeks’ time to respond to the affidavit which was granted by the SC. Paying the compensation through additional allocation of power “would serve the dual purpose of compensating HP as well as lessening the impact on the people of Punjab and Haryana,” the Centre said. The compensation includes a simple interest of 6 per cent. The compensation would come to Rs 1,525.62 crore if the calculation was on the basis of compound interest, the Centre said. The Centre has calculated the compensation on a directive issued by the SC in its September 27, 2011 judgment in HP’s original suit filed in 1996 seeking higher share of electricity from these power projects. HP had claimed a compensation of Rs 4,249 crore. In the verdict, the SC substantially raised HP’s share of electricity from the Bhakra Nangal hydro power project with retrospective effect from 1966 and from the date of commissioning of Units I and II of
Beas. The Bhakra-Nangal project
Beas projects
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