Chapter II LEVY OF GREEN CESS

3.

1. (1) There shall be levied and collected a cess for the purposes of this Act, on generation of electricity except on generation of renewable energy by the generating company at the generating station or at the captive generating plant or the stand by generating plant.
2. (2) Such cess under sub-section
3. (1) shall be levied and payable on the electricity generated in the State of Gujarat irrespective of the fact whether such electricity is consumed within the State or not.
4. (3) Such cess under sub-section
5. (1) shall be levied in such manner and at such rate not exceeding twenty paise per unit of the electricity generated as may be prescribed.
6. (4) The State Government may by notification in the Official Gazette, exempt from payment of the cess, the generating company having aggregate installed capacity of not more than one thousand kilowatts.
7. (5) The cess levied under sub-section
8. (1) shall be payable by the generating company.

4. The proceeds of the cess, interest and penalty recovered under this Act shall first be credited to the Consolidated Fund of the State, and after deduction of the expenses of collection and recovery therefrom shall, under appropriation duly made by law in this behalf, be entered in and transferred to a separate fund called the Green Energy Fund, for being utilized exclusively for the purposes of this Act.

1. (1) There shall be established a fund called "Green Energy Fund" for the purpose of this Act.
2. (2) The Fund shall be under the control of the State Government and there shall be credited therein-
   • (a) any sums of money paid under section 4;
   • (b) the sums by way of any grant by the State Government.

6.

1. (1) The Fund shall be utilised for -
   • (a) promoting the generation of electricity through renewable energy,
   • (b) purchase of non-conventional energy, and
   • (c) taking initiatives for protecting environment in the State.
2. (2) The State Government shall have the power to administer the Fund and shall take such decisions as may be required for the proper utilization of the Fund.
3. (3) The State Government shall also have the power to allocate and disburse such sums from the Fund as it considers necessary to the concerned Departments responsible for achieving the objects of this Act.