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Hydro Power Project Financing Scenario in India

Hydro Power Project Financing Scenario in India – A Case Study on Hydro Power Projects in India Abstract Although India has 1,50,000 MW Hydro Potential, but hardly 30,000 MW has been developed so far. Initially Government of India has been funding the development of Hydro Project from their budgetary support only. In 90s Government of India offered the various hydro sites for development for Private Sector. Although 20 years have been passed but there is a not significant addition in Hydro development took place in India. Over the years hydro power projects have proven that it is the most cost-effective power projects for commercial scale hydro power generation in country like India. However, the question must be asked why such a slow growth has taken place in the development of hydro power projects inspite of enormous potential available in India. So far Hydro Power Projects of 37367 Mw as on December 2010 have been installed with an investment of Rs.1500 billion in de...