Report Summary During the “Light-out event “, maximum ramp rate of -2728MW/Min and +1977 MW/min provided by hydro generators. initially.
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The slow growth and financing gaps shall have cascading effect on pace of fresh installations in both the large and small hydro plants amidst the Covid-19 crisis
India is endowed with hydro potential of 150 GW looked to gain the fillip to address the peaking power. However, during the last decade, the hydro (LHP) & small hydro (SHP) segment of India having to deal with regressive capacity addition owing to faulty clearance nod and financial gaps. Moreover, nearly 100 GW of total hydro electricity potential in India’s rivers lying untapped because of high tariffs. As a result, in 2019 the government approved a slew of measures including providing renewable energy status for large hydel projects and new funding provisions to boost hydro power generation in India. However, amidst the Covid-19 outbreak, the sector shall see reduction in pace of fresh additions in both large and small hydro. However, amidst force majeure circumstances witnessed, the hydro sector likely to see reduction in fresh investment and with uncertainty in future the situation for capacities look grim. Also, with the country witnessing a decline during the lockdown period in the demand, generation from small hydro shall be reduced. Hence with reduced demand, the cash flows shall also be reduced leading to the losses till the normalcy returns.
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