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State of Gujarat - Section

Section 33 in The Gujarat Electricity Industry (Reorganisation and Regulation) Act, 2003

33. Financial assistance to license by State Government.

- The State Government may provide financial assistance to licensees on such terms and conditions as it thinks fit to impose, in the following manner namely:-
(a)Grant of subventions.
(b)Grant of loans.
(c)Guarantee of repayment by a licensee of the amount of loan or interest on loan or both the loan and the interest thereon.