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Govt to bring new hydro policy next fiscal: Power Secretary

Govt to bring new hydro policy next fiscal: Power Secretary

The government will bring out a new policy for the hydro power sector next fiscal to boost this clean source of energy, a senior official said today.The new policy also seeks to bring large hydro projects at par with smaller ones in terms of availing various benefits.

At present, small hydro projects of up to 25 MW capacities are considered as renewable energy initiatives and are eligible for various incentives by the government. Developers of large hydro power projects would get a big boost if the distinction between small and large hydro projects is removed. read more →

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