Government scraps aid to 53 small hydro power projects


Government scraps aid to 53 small hydro power projects

The ministry of new and renewable energy (MNRE) has cancelled the proposals of 53 small hydro power (SHP) projects across the country, which sought financial assistance from the central government. These projects, with a cumulative capacity of around 440 MW, would not receive any financial support from the government because they had not submitted any progress report after applying for central financial assistance (CFA) before 2014.

“We want to send across the message to the developer community that submission of project reports cannot be taken lightly,” a senior MNRE official aware of the development told FE. “Last year MNRE had asked renewable energy developers to submit quarterly progress report but none of them have complied,” the official added. Read More

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