The Union Cabinet on Wednesday gave its approval for regularisation of pay scales of 5,254 executives in four state-run hydro power companies — NHPC, NEEPCO, THDC India and SJVNL.
Fresh capacity addition in thermal and hydro power plunged 69 per cent in the April-November period of this fiscal, as green energy gained momentum. Data by the Central Electricity Authority (CEA) shows
The power ministry has sought Cabinet approval for a policy change categorising large hydro projects as renewable energy sources. Currently, only hydro projects under 25 MW are identified as renewable energy.
Hydro power in India is likely to see a boost with projects of close to 10 Gw to either restart or commence construction. Along with this, the Centre is moving a policy for promoting hydro power, which aims at reducing the cost of construction.
Despite India being resource-rich, hydro power is yet to contribute a commensurate share to its energy mix, accounting for only 13.2% of the installed generation capacity of 343,899 MW.
The Maharashtra Electricity Regulatory Commission (MERC) has passed an order directing the Maharashtra State Electricity Transmission Co. Ltd. (MSETCL) to pay a total sum of ₹5.5 million (~ $0.075 million) to a hydro power project developer.
After almost a decade of stagnancy due to issues like environmental concerns, huge costs and viability issues, hydro power generation may soon see a revival.
Bullish on the Indian economy, Russia’s sovereign wealth fund RDIF plans to invest in the country’s infrastructure and technology sectors, according to a senior official.
India has the potential to more than triple its trade with its South Asian neighbours to $62 billion against its actual trade of $19 billion, said a World Bank report released here on Monday.
The Seraghat Hydro Power Project in Uttarakhand’s Pithoragarh suffered severe damage on Monday after a cloudburst hit nearby Balati in Munsiari area. The sources say that the cloudburst has damaged the hydro project’s dam