Shimla, Nov 6 (PTI) Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu on Friday was content with Himachal Pradesh's success in the Supreme Court over Bhakra Beas Management Board arrears and the state's financial rights, calling it a victory for its people.
According to the latest verdict, the state will receive 60 crore units of electricity annually for 20 years, with Himachal Pradesh getting its 7.19 per cent allocation from BBMB power generation, thereby generating income of Rs 10,000 crore to Rs 20,000 crore during the period.
The Supreme Court had recognised Himachal Pradesh’s entitlement in 2011, but the actual determination of its share and calculation of pending energy benefits remained unresolved.
In a statement issued here, he said the state government's strong determination, sincere efforts and continuous legal battle had resulted in a significant achievement in securing the state's rightful dues.
Sukhu said this decision could help Himachal Pradesh earn additional revenue of up to Rs 1,000 crore every year. If the electricity rate is fixed at Rs 13 to Rs 14 per unit, the state would benefit even more.
However, even if the rate remains at Rs 6 per unit, the government would still receive at least Rs 500 crore every year. He said this additional income would strengthen the state's financial position and help to speed up development works.
Sukhu said this was the fourth major success attained by the present state government concerning Himachal Pradesh's interests. Earlier, the government had successfully fought for the state's rights in matters relating to Wildflower Hall, JSW and the Kishau Dam.
The latest success in the BBMB arrears case has once again shown that with honest intentions and a strong commitment to the state's interests, even difficult cases can be won.
Highlighting that the state government is also pursuing issues such as the Shanan Power Project and Water Cess, Sukhu said, "Every possible effort will be made to ensure that Himachal Pradesh receives its rightful share."
Congratulating the state's people, the chief minister said that securing the state's rights over its resources was one of the government's top priorities.
He said the additional revenue would be used to improve education and healthcare facilities, develop roads and other infrastructure, create employment opportunities for young people and ensure government employees receive their financial benefits on time.
(This story has not been edited by THE WEEK and is auto-generated from PTI)