Initiatives for Investment in Hydro Power Development

New Delhi:The Government has taken a number of initiatives to boost hydro power development and hydro-power projects in order to meet the country’s power requirements which include policy initiatives like National Electricity Policy, Hydro Power Policy, National Rehabilitation & Resettlement Policies, National Tariff Policy etc. except setting up of a hydro-development fund. Apart from these policy initiatives, the Central Government regularly monitors and reviews the implementation of various hydro projects. This was stated by Sh. Piyush Goyal, Minister of State (I/C) for Power, Coal & New and Renewable Energy in a written reply to a question in the Rajya Sabha today.

The Minister further stated that as on 30.11.2014, 188 Nos. of hydro stations with total installed capacity of 40798.76 MW including 9 Pumped Storage Schemes (PSS) with installed capacity of 4785.6 MW are under operation. At the end of 11th Plan, hydro power capacity in the country was 38990 MW which is 40798.75 MW at present. A Hydro capacity addition of 10,897 MW is planned for benefits during 12th Plan. The total hydro capacity in the country at the end of 12th Plan is likely to be 49887 MW.

Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.