New Delhi, Dec 10 (KNN) In order to develop small and micro hydro projects, financial assistance is being provided to the states by the government for setting up new projects both in public and private sectors.
“The Ministry of New and Renewable Energy is providing Central Financial Assistance (CFA) to set up small / micro hydro projects both in public and private sectors,” Minister of New and Renewable Energy Farooq Abdullah informed Parliament today.
“Financial support is also given to the State Government for identification of new potential sites including survey and preparation of DPRs, renovation and modernization of old SHP projects and water mills,” he added.
The total funds released under SHP Programme during 2010-11, 2011-12 and 2012-13 were Rs 151.99 crore, Rs 154.45 crore and Rs 158.92 crore respectively.
As many as 6474 potential SHP sites with an aggregate capacity of 19,749 MW have been identified in the country.
So far, 985 small hydro power projects with an aggregate capacity of 3754 MW have been setup and 265 projects aggregating to 945 MW are under implementation in various states.
Setting up of SHP projects comes under the purview of the state governments and they decide about taking up new projects.