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Subansiri project not getting support: NHPC

By The Assam Tribune
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NEW DELHI, July 1 � Against the backdrop of local issues and other hurdles delaying many hydel projects, state-run NHPC has said the hydro sector was not getting the �due support� from various quarters, reports PTI.

In a reflection of woes faced by the sector, NHPC�s investments worth Rs 7,800 crore are stuck on account of delays in two of its upcoming projects � 2,000 MW Subansiri Lower in Assam and 240 MW Uri II in J&K.

�It (the hydro sector) is also not getting the due support (from various quarters). There are various hurdles related to clearances, delay in project implementations and funding.

�The sector needs to get the push and the will is required for the same,� NHPC Chairman and Managing Director A B L Srivastava told PTI.

Going by estimates, hydro power accounts for little over 20 per cent of the country�s total installed capacity of over 2,00,000 MW.

According to him, investments to the tune of Rs 7,800 crore are stuck due to delay in Subansiri Lower and Uri II projects and the impasse is

financially hurting the company.

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Subansiri project not getting support: NHPC

NEW DELHI, July 1 � Against the backdrop of local issues and other hurdles delaying many hydel projects, state-run NHPC has said the hydro sector was not getting the �due support� from various quarters, reports PTI.

In a reflection of woes faced by the sector, NHPC�s investments worth Rs 7,800 crore are stuck on account of delays in two of its upcoming projects � 2,000 MW Subansiri Lower in Assam and 240 MW Uri II in J&K.

�It (the hydro sector) is also not getting the due support (from various quarters). There are various hurdles related to clearances, delay in project implementations and funding.

�The sector needs to get the push and the will is required for the same,� NHPC Chairman and Managing Director A B L Srivastava told PTI.

Going by estimates, hydro power accounts for little over 20 per cent of the country�s total installed capacity of over 2,00,000 MW.

According to him, investments to the tune of Rs 7,800 crore are stuck due to delay in Subansiri Lower and Uri II projects and the impasse is

financially hurting the company.

More in Entertainment
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