Question 3870
In order to protect consumers from a price increase in the fiscal year 2022–2023 and avoid raising rates, the Cabinet of which state has decided to extend a power purchase subsidy of ₹190 crore to a state-owned utility?
Answer
Assam
Why?
The correct answer is Assam. Key Points In order to protect consumers from a price increase in the fiscal year 2022–2023 and avoid raising rates, the Assam cabinet has decided to extend a power purchase subsidy of ₹190 crore to a state-owned utility. The cabinet approved the proposal to give the subsidy to Assam Power Distribution Company Ltd. (APDCL) during a meeting, which was chaired by Chief Minister Himanta Biswa Sarma. Important Points The 24-MW Karbi Langpi Middle II Hydro Project, valued at ₹300.07 crore, was also approved in an effort to increase electricity production. The project will assist Assam Power Generation Corporation Ltd (APGCL) in meeting the state's rising electricity demand and is anticipated to be finished within 36 months of its start date. The government's contribution of ₹285 crore to the Assam State Electricity Board (ASEB) Pension Fund , which will help 20,000 retirees, was also approved by the cabinet. The cabinet decided to purchase land at Matiabag for the purpose of developing a museum at Hawakhana for ₹15 crore in an effort to honour the life and legacy of renowned Goalparia folk singer and composer Pratima Barua Pandey, who was awarded the Padma Shri.
