Small Hydro, Big Opportunity

Analysing how small hydro projects bring big business opportunities

Small Hydro Power (SHP) projects are done in small rivers streams or are enforced in the existing water infrastructure. SHP projetcs are mainly developed for generating power in the remote regions. Like solar and wind small hydro power can lead in the renewable energy segment as it has huge potential also due to its versatility in low investment prices it can turn as promising and economical energy solution for future power requirements.

Apart from being one of the major source for power how SHP projects can bring big business opportunities is a thing to watch and to take the small hydro projects ahead the government also need to boost the sector. To understand how SHP projects can bring big business opportunities, this article will describe about the same.

India’s SHP potential is 19,749 MW with 6,474 identified projects and Karnataka has the largest share of over 4,000 MW. Of these projects, a total of only a little over 1,100 MW are under implementation. Sharing his views on the growth of the small hydro power Neelav Samrat De, Asst. General Manager (Marketing & BD), ANDRITZ HYDRO Pvt. Ltd states, “Even though SHP comes under renewable energy and enjoys the benefits of renewable, however, we have not witnessed a considerable growth in this domain. Clearly, under the government’s ambitious renewable energy thrust, we see importance given to solar and wind and the least to SHP projects. Even though SHP is a very state related issue, where the state utilities through their renewable department give developer licenses, we as equipment manufacturers, have not witnessed the zest from state governments to put thrust in SHP projetcs, maybe barring Himachal Pradesh, where HIMURJA, the nodal state renewable agency, has in the recent past given developer licenses for over 750 SHP projects.”

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