"Despite significant hydropower potential, till now, only 30 per cent of India’s total economically feasible hydropower potential has been harnessed,” the ASSOCHAM-PwC study titled ‘Accelerating hydropower development in India for sustainable energy security’ said.
At present, a hydro power project up to 25 MW is classified under renewable energy and is entitled to various incentives provided by the government.
"Out of 44 HEPs (hydro electric projects above 25 MW) under construction presently, 20 HEPs totalling 6,329 MW are stalled/stressed and an amount of Rs 30,147.08 crore has already been spent on these HEPs," Power Minister Piyush Goyal said in a written reply to Lok Sabha.
State-owned NTPC has decided to shut down old polluting power plants of capacity totalling roughly 11 GW and replace those with new ones which are highly efficient, Power Minister Piyush Goyal told the Rajya Sabha today.
"India's renewable energy capacity could touch 225 GW by 2022 if hydroelectricity is added to the renewable category as is being done the world over," Goyal told PTI after his visit to the city and Limkheda in Dohad yesterday.
"Presently, 50 proposals for setting up of hydro electric projects have been received from various states in Central Electricity Authority (CEA) for concurrence/appraisal," Power Minister Piyush Goyal informed the Lok Sabha.
The total capacity of proposed projects in Arunachal is over 9000 MW, while it is over 425 MW in Himachal, 1220 in J&K, 200 MW in Karnataka, 110 MW in Sikkim and 108 MW in Uttarakhand.
Lanco Hydro Power Ltd (LHPL) has signed an agreement with Tejassarnika Hydro Energies Pvt to divest 100 percent stake in 70 MW Lanco Budhil Hydro Power Project, according to a regulatory filing today. Tejassarnika is a subsidiary of Hyderabad-based Greenko Energies.
Shimla, Sep 9 (PTI) Himachal Pradesh government today decided to make it mandatory for hydro-power projects to contribute 1 per cent free power to the state as compensation for the persons displaced by the projects.