Читать книгу Renewable Energy for Sustainable Growth Assessment - Группа авторов - Страница 51

Hydropower is an important RE resource in India for electricity generation. The potential of hydropower in India is immense and the country is ranked 6^th in the world for hydropower installed capacity [1]. In India, only about 30% of the vast hydropower potential of 150 GW has been tapped so far. Hydropower projects require long planning and land acquisition procedure. In addition to this, due to the resettlement process, lack of transmission infrastructure, inadequate market scope, and long-term financing process, many hydropower projects in India are in a slow pace of development and suffering from schedule overrun. To fast track the hydropower projects, especially the 50 GW hydroelectric initiative, the central electricity authority (CEA), and the Power Ministry are closely monitoring these priority schemes [19].

To promote a large hydropower sector, the government of India has declared large hydropower projects under the renewable category in March 2019, and since then, large hydropower has accounted for the RE target. To assist the power sale from large hydropower projects, the Ministry of Power has issued a memorandum to notify Hydropower Purchase Obligation (HPO) [20]. The HPO covers all the large hydropower projects commissioned after the issue of this memorandum.