Section 11
Royalty To Be Paid:
11. Royalty to be Paid:
(1) The licensee shall have to pay royalty to Government of Nepal at a rate of Rs. 100 for each installed kilowatt of electricity per year plus 2 percent of the average tariff per unit (per kilowatt hour) for a term of upto fifteen
years from the date of generation of electricity for commercial purpose.
(2) After the term specified in Sub-section (1), the licensee shall have to pay royalty to Government of Nepal at a rate of Rs.1000 for each installed kilowatt of electricity per year plus 10 percent of the average tariff per unit (per kilowatt hour).
(1) The licensee shall have to pay royalty to Government of Nepal at a rate of Rs. 100 for each installed kilowatt of electricity per year plus 2 percent of the average tariff per unit (per kilowatt hour) for a term of upto fifteen
years from the date of generation of electricity for commercial purpose.
(2) After the term specified in Sub-section (1), the licensee shall have to pay royalty to Government of Nepal at a rate of Rs.1000 for each installed kilowatt of electricity per year plus 10 percent of the average tariff per unit (per kilowatt hour).