India to commence major hydropower project near China border
POWER & RENEWABLE ENERGY

India to commence major hydropower project near China border

India is on the verge of commencing a massive hydropower project that has been under development for two decades, marking a significant milestone in the country's energy transition.

According to Rajendra Prasad Goyal, the finance director of NHPC, a state-run hydropower company, trial runs for the Subansiri Lower project will begin in July. The project traverses the states of Assam and Arunachal Pradesh in the northeastern region of India. The first unit is scheduled to be commissioned in December, while all eight units are expected to be operational by the end of 2024.

Hydropower plays a crucial role in balancing the electricity grid, as it can swiftly respond to fluctuations in power demand, particularly as the intermittent generation of solar and wind power increases. However, the 2-gigawatt project, which was initiated in 2003, faced delays due to protests and legal disputes arising from concerns about environmental damage.

The project's cost surged to Rs 212.5 billion, more than triple the initial estimate. In 2019, the National Green Tribunal allowed the project to resume after an eight-year suspension. Opposition to dam construction has resulted in India harnessing only about one-third of its potential hydropower capacity of 145 gigawatts.

Goyal emphasised the need to obtain approximately 40 approvals from various departments before commencing the construction of a hydropower project. He stated that thorough scrutiny should be conducted at this stage to avoid any interruptions once construction is underway.

Large dams also serve as a means for India to stimulate local economies in regions along its tense borders with China and Pakistan. As the Subansiri project nears completion, NHPC is finalising plans to award construction contracts for the 2.9-gigawatt Dibang project, which is India's largest planned hydropower plant.

To promote hydropower, the government has granted large dams the status of clean energy. This mandates provincial power distributors to prioritise the purchase of hydropower over electricity generated from fossil fuels. In certain cases, the government has agreed to provide budgetary support for civil construction and flood moderation work.

India is on the verge of commencing a massive hydropower project that has been under development for two decades, marking a significant milestone in the country's energy transition. According to Rajendra Prasad Goyal, the finance director of NHPC, a state-run hydropower company, trial runs for the Subansiri Lower project will begin in July. The project traverses the states of Assam and Arunachal Pradesh in the northeastern region of India. The first unit is scheduled to be commissioned in December, while all eight units are expected to be operational by the end of 2024. Hydropower plays a crucial role in balancing the electricity grid, as it can swiftly respond to fluctuations in power demand, particularly as the intermittent generation of solar and wind power increases. However, the 2-gigawatt project, which was initiated in 2003, faced delays due to protests and legal disputes arising from concerns about environmental damage. The project's cost surged to Rs 212.5 billion, more than triple the initial estimate. In 2019, the National Green Tribunal allowed the project to resume after an eight-year suspension. Opposition to dam construction has resulted in India harnessing only about one-third of its potential hydropower capacity of 145 gigawatts. Goyal emphasised the need to obtain approximately 40 approvals from various departments before commencing the construction of a hydropower project. He stated that thorough scrutiny should be conducted at this stage to avoid any interruptions once construction is underway. Large dams also serve as a means for India to stimulate local economies in regions along its tense borders with China and Pakistan. As the Subansiri project nears completion, NHPC is finalising plans to award construction contracts for the 2.9-gigawatt Dibang project, which is India's largest planned hydropower plant. To promote hydropower, the government has granted large dams the status of clean energy. This mandates provincial power distributors to prioritise the purchase of hydropower over electricity generated from fossil fuels. In certain cases, the government has agreed to provide budgetary support for civil construction and flood moderation work.

Next Story
Infrastructure Energy

Greaves Electric Mobility Files for IPO

Electric-vehicle manufacturer Greaves Electric Mobility has announced plans to raise Rs 10 billion through an initial public offering (IPO), as stated in its draft papers filed. The company, recognised for its 'Ampere' brand of electric scooters, also produces three-wheelers under a separate brand. Greaves Electric’s major shareholders, Greaves Cotton—a publicly listed entity—and investment firm Abdul Latif Jameel Green Mobility Solutions, will collectively sell approximately 189.4 million shares through the IPO. This move positions Greaves Electric alongside larger competitor Ather En..

Next Story
Infrastructure Energy

IREDA Approves Rs 30 Billion for Odisha's Renewable Energy Projects

Indian Renewable Energy Development Agency (IREDA) has approved funding exceeding Rs 30 billion for renewable energy projects in Odisha as the state strives to achieve its goal of 10 GW capacity by 2030. Pradip Kumar Das, Chairman and Managing Director of IREDA, shared this update during the Odisha Solar Investor Conclave organised by GRIDCO. He emphasised that accessible financing is crucial to fostering the adoption of renewable energy. Das outlined IREDA's significant contributions to funding renewable energy projects in Odisha, spanning sectors such as solar, hydro, ethanol, and renewable..

Next Story
Infrastructure Energy

Oil Prices Rise Amid Light Pre-Christmas Trading

Oil prices edged higher during light trading ahead of the Christmas Day holiday. The increase was attributed to positive US economic data and growing oil demand in India, the third-largest importer of oil globally. Brent crude futures rose by 33 cents, or 0.45 per cent, to reach $72.95 per barrel, while US West Texas Intermediate (WTI) crude futures gained 29 cents, or 0.42 per cent, settling at $69.53 per barrel as of 0114 GMT. Economic indicators in the United States highlighted a surge in new orders for key manufactured capital goods in November, driven by robust demand for machinery. Add..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000