India must encourage hydro power projects development: R K Singh

New Delhi: Power and renewable energy minister R K Singh today said India must encourage development of hydro powerprojects as they help in providing inexpensive power in the long-term and are ideal for meeting peaking load demand.

Singh was speaking at the meeting of the Consultative Committee attached to his ministries in Guwahati. The meeting reviewed the functioning of state-run NHPC Ltd and implementation of the government’s Solar Rooftop Programme and the Solar Pumps Programme.

During the meeting, NHPC Chairman and Managing Director (CMD) Balraj Joshigave a presentation on the company’s areas of operation, portfolio of projects, performance on financial parameters, diversification into thermal and renewables and the way forward.

Joshi informed the committee that NHPC is commissioning 22 projects of 6,691.2 megawatt (MW) capacity and is engaged in 25 projects of 14,000.5 MW capacity which are under various stages of development involving hydro, solar and thermal projects.

“Out of these, three hydro projects aggregating to a total installed capacity of 3,130 MW and one solar project of 50 MW in Tamil Nadu are under construction,” the ministry said in a statement, adding a 1,000 Mw project of JV Company Chenab Valley Power Projects Limited (CVPPL) has been accorded Cabinet’s clearance and its re-tendering is under finalisation.

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