Power of the State Government to administer the fund

The State Government shall have the power to administer the fund an shall- (a) take such decisions regarding investment on the development of Hydro Power Projects, development of electricity evacuation system and extension of transmission system etc. in the State sector; (b) take such measures as may be necessary to raise funds for the above purpose; (c) allocate and disburse such sums as are considered necessary, to the concerned departments and/or institutions responsible for— (1) The development of Hydro power projects in the state sector; (2) The implementation of projects related to the development of electricity evacuation system and extension of Transmission system etc.