There will be a major thrust on hydro sector by different ways to bring down cost of electricity from this renewable source, Power Minister Piyush Goyal said today. “I shall be going later this week to Arunachal Pradesh also to review some of the power projects. In coming few months, we want to give major thrust by different ways to bring down the cost of hydro power,” Goyal told reporters here.
“Hydro power is also renewable energy. We are working on a position paper after studying all international experiences, we will look very seriously to see whether these should be categories as renewable power,” the minister said.
In the present scenario, the small hydro projects up to 25 MW are treated as renewable energy while others do not get incentives being provided by the government for encouraging clean energy.
New & Renewable Energy Ministry is in the process of drafting a Cabinet proposal to reclassifying large hydro power plants as renewable projects, a move which can help India achieve clean power capacity of 230 GW by 2022.Read More…
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