Hydro Policy

Highlights of Investor Friendly New Hydro Policy on Privatization :

v     Selection of Developer on MOU Route allowed for projects up to 100 MW

v     Selection of Developer on ICB route for Projects above 100 MW.

v     No Clearances necessary from CEA for projects selected on competitive bidding route for projects costing upto Rs. 2500 crores.

v     Secondary energy rate to be at par with primary energy. Premium on peak power proposed.

v     Process of Transferring clearances to IPP’s simplified.

v     100% Foreign Equity permitted on the automatic approval route provided it does exceed Rs. 1500 Crores.

v     Limit of 40% financing from Indian Financial Institutions waived off.

v     Tariff determination by SERC/CERC.

v     Projects upto 25 MW to be transferred to MNES.

v     HPSEB to purchase power @ Rs. 2.50/kWh from projects upto 5 MW capacity

v     Banking & Wheeling Facilities permitted @ 2% including transmission losses.

v     Incentives for small HEP as per GOI Guidelines.

v     Moratorium of 5 years for payment of Electricity duty by companies which consume electricity produced by them.

Invest in Hydro 

v     Investor Friendly New Hydro Policy.

v     Highly Remunerative.

v     Availability of Project Due to Large Potential.

v     Transmission Network for Power Evacuation under Planned by PGCIL.

v     Cheap & Reliable construction power.

v     Simplified Laws/Rules for transfer of Land.

v     Amicable industrial Climate.

Good communication Facility such as Telecom, Road network, Air Services etc.