Utilization of the fund

The fund shall be utilized for--- (1) Development of Hydro Power Projects in the State Sector; (2) Development of electricity evacuation system and extension of transmission system etc.; (3) For any other schemes/projects directly/indirectly co-operating in the development of Hydro Power Projects and development of power projects based on Renewable Energy Sources, construction of power evacuating system and development of power transmission system in State sector as determined by the Government. 1