Indian government allocates Rs 12,461 crore for hydel projects

The government has allocated Rs 12,461 crore to aid in constructing hydel projects totaling 31,350 MW over eight years. Starting from 2024-25, the scheme provides budgetary support for infrastructure and is applicable to hydro power projects above 25 MW capacity, including private sector and pumped storage power projects.The government has allocated Rs 12,461 crore to aid in constructing hydel projects totaling 31,350 MW over eight years. Starting from 2024-25, the scheme provides budgetary support for infrastructure and is applicable to hydro power projects above 25 MW capacity, including private sector and pumped storage power projects.