https://www.taxtmi.com/news?id=39153 Memorandum provides for development of two hydroelectric projects on the Chenab river, with the investing state paying an upfront premium and the host state receiving phased free power allocations over the concession, followed by transfer of project assets to the host state after the concession period. The investing state will contribute to a Local Area Development Fund and provide additional free power for local development. The MoU also prescribes monthly energy-equivalent payments to affected families for a limited term and anticipates local employment generation. en-us Sat, 29 Mar 2025 16:46:02 +0530 Sat, 29 Mar 2025 16:46:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=39153 Memorandum provides for development of two hydroelectric projects on the Chenab river, with the investing state paying an upfront premium and the host state receiving phased free power allocations over the concession, followed by transfer of project assets to the host state after the concession period. The investing state will contribute to a Local Area Development Fund and provide additional free power for local development. The MoU also prescribes monthly energy-equivalent payments to affected families for a limited term and anticipates local employment generation. News - Sat, 29 Mar 2025 16:46:02 +0530 https://www.taxtmi.com/news?id=39153