The Arunachal Pradesh cabinet approved SGST reimbursement concessions for two hydropower projects to enhance their financial viability, a statement said on Thursday. The state cabinet, chaired by Chief Minister Pema Khandu, in its first meeting of the year on Wednesday granted State GST (SGST) relief to the 700-mw Tato II Hydroelectric Project on the Siyom river in the Shi Yomi district and the 1,720-mw Kamala HEP on Kamala river in the Kamle district.
The projects will be implemented in joint ventures between the state government and CPSUs. The state government would hold a 26 per cent equity share in the joint venture for these projects, which entail a cumulative investment of around Rs 35,000 crore.
