Hydroelectric producing communities meet BPE, demand 10% royalty - Punch Newspapers

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Hydroelectric producing communities meet BPE, demand 10% royalty - Punch Newspapers
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The Hydroelectric Power Producing Areas Development Commission, a body comprising host communities of hydropower plants, on Wednesday met the Bureau of Public Enterprises to demand 10 per cent royalty payment from the concession of the plants.

He said the royalty would be deployed by the commission in the development of host communities where the hydro plants were located. He stressed that the visit was necessary in order for both parties to mutually agree on the way forward on the royalty issue as mere correspondences on the matter would not suffice.

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