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Thu October 24 2024

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Indian government approves four power projects

8 Mar 19 The Indian government’s cabinet committee of on economic affairs (CCEA) has approved four power projects with a combined value of INR310bn (£335m) and approved measures to promote hydro.

The projects are at Buxar in Bihar), Khurja (UP), Kishtwar (Jammu & Kashmir) and Sirwani in Sikkim). In addition to these, the cabinet approved measures to promote development of hydro power and to alleviate the stress in thermal power projects. 

The schemes include a hydro project on the River Chenab in Jammu & Kashmir. It involves construction of a 135m-high concrete gravity dam and is intended to accelerate the process of development of remote areas of the state. Õ¥Ö­¼§ is expected to take 4.5 years.

In order to promote hydropower sector, the cabinet has agreed to declare large hydropower projects - those of above 25MW capacity - as renewable energy. There will be extended budgetary support for flood moderation and enabling infrastructure such as roads and bridges. Methodology for tariff setting has also been revised.  

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