Ministry of Earth Sciences Hosts National Media Interaction on 'Mission Mausam' The Ministry of Earth Sciences (MoES) held a national-level media interaction on the ambitious Mission Mausam at Prithvi Bhavan, New Delhi. The session was led by Dr. M Ravichandran, Secretary of MoES, alongside Dr. Mritunjay Mohapatra, Director General of the India Meteorological Department (IMD), and Dr. V.S. Prasad, Head of the National Centre for Medium-Range Weather Forecasting (NCMRWF). Approved by the Union Cabinet on September 11, 2024, with a budget of ₹2,000 crores over two years, Mission Mausam aims to transform India into a "Weather-Ready" and "Climate-Smart" nation. The mission focuses on advancing the country's weather and climate observation, modeling, and forecasting capabilities, to provide more accurate and timely services. Key Objectives of Mission Mausam: Develop Cutting-Edge Technologies: Introduce next-generation radars, satellites with advanced instr...
Government Approves ₹12,461 Crore Scheme to Boost Hydro Electric Projects
In a significant move to accelerate the development of hydroelectric power in India, the Union Cabinet, under the leadership of Prime Minister Narendra Modi, has approved an extensive modification to the scheme for budgetary support for enabling infrastructure for hydroelectric projects (HEPs). With a total outlay of ₹12,461 crore, this revamped scheme is set to be implemented from FY 2024-25 to FY 2031-32.
Key Enhancements to the Scheme
The revised scheme aims to address key challenges in hydro power development, such as the rugged terrain and remote locations often associated with hydro projects. Here’s how the scheme has been enhanced:
Expanded Scope of Support: In addition to the construction of roads and bridges, the scheme now includes support for:
- Transmission Lines: From powerhouses to the nearest pooling points, including upgrades to pooling substations.
- Ropeways: To facilitate transport in difficult terrains.
- Railway Sidings: For improved logistics.
- Communication Infrastructure: To enhance connectivity in remote areas.
- Strengthening Existing Roads/Bridges: Leading to project sites.
Significant Financial Outlay: The scheme is designed to support hydro projects with a cumulative generation capacity of approximately 31,350 MW and pumped storage projects (PSPs) totaling around 15,000 MW.
Eligibility and Support Limits:
- Capacity Threshold: Applies to all hydro power projects over 25 MW, including private sector projects awarded transparently.
- Financial Support Limits:
- ₹1 crore per MW for projects up to 200 MW.
- ₹200 crore plus ₹0.75 crore per MW for projects exceeding 200 MW.
- In exceptional cases, support may go up to ₹1.5 crore per MW with adequate justification.
Timeline for Implementation: Projects with the Letter of Award for the first major package issued by 30th June 2028 will be eligible for this scheme.
Approval Process: Budgetary support will be granted following an appraisal by the Department of Investment and Public Asset Management (DIPAM) or Public Investment Board (PIB) and approval from the Competent Authority.
Anticipated Benefits
This enhanced scheme is set to bring numerous benefits:
- Accelerated Project Development: By improving infrastructure and reducing cost barriers, the scheme will speed up the development of hydroelectric projects.
- Employment Opportunities: The scheme is expected to generate substantial direct and indirect employment, benefiting local communities through transportation, tourism, and small-scale businesses.
- Encouragement of Investment: By providing financial support and incentives, the scheme aims to attract new investments into the hydro power sector.
- Enhanced Infrastructure: Upgraded infrastructure in remote and hilly areas will facilitate smoother project execution and operational efficiency.
The revised scheme represents a major step forward in harnessing India’s hydro power potential, contributing to a more sustainable energy future while boosting economic development in challenging terrains.
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