Around two-thirds of the energy budget for India’s 10th plan is to be spent on the expansion of hydro power capacity in the country.
The Indian government is hoping to achieve a goal of 35,000MW of extra hydro power generation by the year 2012, added R.V. Shahi, secretary for the ministry of power, who announced news of the plan.
With US$5.5B available for investment in energy, US$3.8B is to go to hydro, according to the announcement. Shahi added that India was currently weighing up 162 hydro power projects, out of which 70 already had feasibility studies.
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