Major boost for 4 hydro projects worth Rs 45,000 crore


Major boost for 4 hydro projects worth Rs 45,000 crore

The government expects a big push to hydropower sector having received clearances for four projects worth about Rs 45,000 crore.

Last week, the project investment board (PIB) of finance ministry recommended NHPC’s Rs 28,000 crore Dibang project and a proposal to acquire and complete Lanco Infratech’s Teesta VI project worth nearly Rs 5,400 crore, a government official said.

NHPC bagged the 500-mw Teesta hydro power plant under insolvency proceedings for Rs 907 crore. Read More

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