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Greenfield hydro power projects: Big opportunities ahead
Mar 11: The Union Government has approved measures to promote the hydro power sector by putting large hydropower projects under the ambit of non-solar Renewable Purchase Obligation. Moreover, the debt repayment period for the developers has been increased to 18 years while introducing escalating tariff of 2%. This has created opportunities for the hydropower developers to revive their stalled projects and in signing up of PPAs with Discoms. Here is one example:
Project Name: Greenfield Hydroelectric Power Project-I
8Project Cost: 3000 crores
8Project Description: A greenfield hydropower project is at the tendering stage.
8The project was stalled for 8 years, but, as of now, it is back on track.
8PPA with the state Discom is pending.
8All the statuary clearances have been accorded.
Find out the RFQs that are expected
Click here for more details for project details and key contacts
8Project Name: Greenfield Hydroelectric Project-II
8Project Cost: 500 crores
8Project Description: NEEPCO has been handed over a greenfield hydel power project.
8Check out the latest stage in the project
8A PFR consultant for the site survey activities and grant of TOR is expected soon.
Click here for more details for project details and key contacts
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