In Short : The Indian government has approved Central Financial Assistance (CFA) for equity participation by North Eastern state governments in developing Hydro Electric Projects (HEPs). This move aims to accelerate hydroelectric power generation in the region, addressing financial constraints, boosting energy security, and fostering economic development through job creation, infrastructure improvement, and enhanced regional […]
MoP issues guidelines to reduce incidence of time and cost over-run in Hydro Power Projects The following steps have been taken to ensure that HEPs are completed in a time bound manner:- Notification of a “Dispute Avoidance Mechanism” through “Independent Engineer (lE)” and “Dispute Resolution Mechanism” through “Conciliation Committee of Independent Experts (CCIE)” to expeditiously […]