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MC Exclusive | RK Singh vows to double India's hydropower capacity

The Union minister informed that another 18,000 MW of hydro projects are currently under construction and 13,000 MW are under various surveys and investigations.

January 19, 2024 / 07:46 IST
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RK Singh
Union minister for power and renewable energy RK Singh speaks at Policy Next

In a first, Union Minister for Power and New and Renewable Energy RK Singh told Moneycontrol that the Indian government plans to double the country's hydropower capacity.

Delivering the keynote address at Moneycontrol's Policy Next summit, Singh said India's hydropower capacity will be increased from 47,000 megawatt (MW) to at least 90,000 (MW). "When I joined, India's hydroelectric generation capacity was moribund. It had no growth. We re-started it. Now we have about 47,000 MW installed hydropower capacity," he said.

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Also read: 2024: A year when all new power sector policies will spring into action.

Hydropower constitutes only 11 percent of India's total installed power generation capacity as of date. In 1962-63, hydropower made up 52.78 percent of India's entire installed capacity, according to CEA data seen by Moneycontrol. Hydropower is considered a nearly clean energy source. Although it has some greenhouse gas emissions, it is far lower than the power generated through coal-fired plants.