43 hydro projects under construction: Govt

Image
Press Trust of India New Delhi
Last Updated : Apr 06 2017 | 4:07 PM IST
Forty three hydro-electric projects, with total generating capacity of 11,928 MW, are under construction, the Lok Sabha was informed today.
Out of these 43 projects, 16 are stalled due to financial constraints and other reasons, Power Minister Piyush Goyal said.
The total power generation capacity of the 16 projects is 5,163 MW and the anticipated completion cost of these projects would be Rs 52,306 crore while their original cost was Rs 27,027 crore, he said.
"As per the calculation made by the Central Electricity Authority, the annual loss of energy generation from these stalled projects is about 15,564 million units," he said during Question Hour.
The minister said a panel to monitor power projects, set up by the Ministry of Power, independently follows up and monitors the progress of the hydro projects.
He said the CEA monitors the progress of under- construction power projects through frequent site visits and interaction with the developers and equipment suppliers.
"Regular reviews are also undertaken in the Ministry of Power to identify the constraints areas and facilitate faster resolution of the hydro projects," Goyal said.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Apr 06 2017 | 4:07 PM IST

Next Story