Shimla, July 16 -- The Himachal Pradesh government has achieved an important legal success from the Supreme Court. The Court has given a historic decision in favour of the state government regarding royalty from the Karcham-Wangtu hydroelectric project.

Now, JSW Energy Company will have to pay 18 per cent royalty to the state instead of 12 per cent from this 1045 MW capacity project, a press release said.

A spokesperson for the state government stated that with this decision, the government would receive an annual additional income of approximately Rs 150 crore. Apart from this, the decision of the Supreme Court would also be a milestone for other projects that have completed twelve years, and the state government hopes that this decisi...