MoP issues guidelines for budgetary support for flood moderation in hydropower projects

The MoP has issued detailed guidelines for budgetary support for flood moderation and for budgetary support for enabling infrastructure (roads and bridges) with regard to hydropower projects, with an aim to reduce tariff levels of these projects.

The amount required for flood moderation/ storage costs shall be released, through MoP budgetary provisions after appraisal of each project, on a case-to-case basis, by Public Investment Board (PIB)/ Cabinet Committee on Economic Affairs (CCEA) as per due process. The budgetary support for enabling infrastructure i.e., roads/ bridges for hydropower projects will be on case-to-case basis. The limit of this budgetary support for such roads and bridges would be Rs 15 million per MW for projects upto 200 MW and Rs 10 million per MW for projects above 200 MW.

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