Indian-Norwegian group eyes hydro projects in India, Nepal

Tata Power and SN Power are scouting for hydroelectric projects in India and Nepal.

Tata Power Executive Director S Ramakrishnan said, revealed this as and added that the Tamakoshi hydro power project in Nepal is at an early stage of development and is awaiting government approvals.”

The company in partnership with SN Power already has two hydro projectsy, including the 880 MW project coming at Tamakoshi in Nepal.

According to Ramakrishnan, the commissioning date would be decided after receiving necessary government approvals. Earlier this year, they had bagged the 240 MW Dugar hydroelectric project in Chenab Valley in Himachal Pradesh. Tata Power has an installed capacity of 3,648 MW, out of which 500 MW is from hydro projects.

It is also in a joint venture with the Bhutan government. The company is implementing a 114 MW from Dagachhu hydro project with Druk Green Power Company there. Ramakrishnan said the company has “aggressive plans of generating 25,000 MW by 2017 and intends to have a 20-25 per cent contribution in energy generated at all times from clean power sources, including a mix of hydro, solar, wind, geothermal and waste gas generation”.