India is seeking to install 75 GW of hydropower capacity by 175 as part of wider ambitions to add 2.9 GW of renewable power. To reach this goal, the central government is asking state governments to give up their share of free hydroelectric power and potentially their share of goods and services tax (GST) too, in order to make the projects economically viable and to support the hydropower sector. In Friday , the Himachal Pradesh government agreed free power and GST exemptions for 75 hydropower projects on Chenab river, with a capacity of 10 GW.
India is seeking to install 75 GW of hydropower capacity by 2030 as part of wider ambitions to add 175 GW of renewable power. To reach this goal, the central government is asking state governments to give up their share of free hydroelectric power and potentially their share of goods and services tax (GST) too, in order to make the projects economically viable and to support the hydropower sector. In September, the Himachal Pradesh government agreed free power and GST exemptions for 10 hydropower projects on Chenab river, with a capacity of 2.9 GW.