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Himachal’s BBMB dues dispute: Centre proposes cashless settlement; Punjab objects, gets chided by SC

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  1. The Centre proposed a cashless settlement for Himachal Pradesh's BBMB dues, involving power-for-power instead of monetary payment.

  2. The Supreme Court in 2011 upheld Himachal Pradesh's right to 7.19% of power from Bhakra-Nangal and Beas hydro projects.

  3. Punjab and Haryana owe 13,066 million units of electricity since 1966, and the proposed settlement adjusts Himachal's ₹420 crore dues.

  4. Himachal and Haryana agreed in principle, but Punjab objected, leading the Supreme Court to chide it and give two weeks to respond.

  5. The next hearing is scheduled for August 12.

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Himachal’s BBMB dues dispute: Centre proposes cashless settlement; Punjab objects, gets chided by SC · in5points