The bailout scheme will provide the required capital to take the stalled projects to completion if they meet certain criteria of viability. “Many small hydel projects are stalled for reasons beyond their control. At the moment, only hydel projects of up to 25 MW are classified as renewable energy. Pujari said the code for power transmission will be fine tuned to ensure that renewable power supply does not suffer. Being dependent on weather, renewable power has certain degree of uncertainty for which the grid has to be prepared.

Source: Mint October 08, 2016 12:22 UTC