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Tenders: CEA study highlights potential of hydropower

Fiinews by Fiinews
December 9, 2023
in Tenders
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Minister says Govt has taken measures to increase hydro power

A 2017-23 reassessment study by the Central Electricity Authority indicated that exploitable hydro power potential in India is about 133,410 MW, out of which 42,105 MW has been harnessed.

Sharing the study outcome, Minister of Power and New and Renewables Energy R. K. Singh told parliament on 7 Dec 2023 that the Indian Government has taken various policy measures to increase the generation from hydro power.

These measures would not only help in development of the upcoming hydro power projects but also improve the generation

Some of the measures taken are:

Declaration of large hydro power projects (of more than 25 MW capacity) as renewable energy source

Notification of Hydro Purchase Obligations (HPO)

Waiver of Inter State Transmission System (ISTS) charges for Hydro Power Projects and Pumped Storage projects (PSPs)

Tariff rationalization measures for bringing down the tariff during the initial years

Budgetary support for flood moderation component of hydro power projects

Budgetary support for construction of enabling infrastructure, i.e. roads/bridges

Empanelment of Independent Engineer(s) and Conciliation Committee of Independent Experts for expeditions resolution of contractual disputes in hydro power projects

Issuance of guidelines on 10 Apr 2023 to promote Pumped Storage Projects. Fiinews.com

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