Power
India Revives 13 GW of Hydro Projects in Arunachal Pradesh
India's endeavor toward revitalizing its renewable energy landscape is taking a momentous leap as the Government of India and the Government of Arunachal Pradesh join forces to revive and execute 13 hydropower projects in the state
Released Monday, December 04, 2023
Researched by Industrial Info Resources (Sugar Land, Texas--India's endeavor toward revitalizing its renewable energy landscape is taking a momentous leap as the Government of India and the Government of Arunachal Pradesh join forces to revive and execute 13 hydropower projects in the state. Memorandums of Agreement have been inked, allocating these projects--having a cumulative installed capacity of approximately 13,000 megawatts (MW)--to hydro public sector undertakings (PSUs) under the Union Ministry of Power. PSUs refer to companies in which a government holds 51% or more of equity; this can be at the central, state or local level.
Initially designated to private sector developers nearly 15 years ago, these hydroelectric projects lay dormant due to various reasons. In a strategic move, the state government has now engaged central PSUs, which are companies partially or fully owned strictly by the central government.
The development of these hydro projects carries significant weight in India's pursuit of achieving its Nationally Determined Contribution (NDC) target--specifically, a 500-GW non-fossil energy capacity by 2030. Embracing hydropower also aligns with the objective of achieving net-zero carbon emissions by 2070.
Industrial info is tracking 1,163 capital hydropower projects India, worth US$313.66 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a full list of project reports.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking over 200,000 current and future projects worth $17.8 Trillion (USD).
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