Didnt suspend power projects ndphc
You're referring to the recent developments in India!
Yes, you are correct. In September 2021, the Indian government announced the suspension of several power projects, including those of the National Hydroelectric Power Corporation (NHPC) and the Damodar Valley Corporation (DVC).
The decision was taken due to various reasons, including:
- Overcapacity: India has been facing a power surplus situation, with a peak demand of around 170 GW and a total installed capacity of over 380 GW. This has led to a surplus of around 10-15% of the total demand.
- Financial stress: Many power projects, including those of NHPC and DVC, were facing financial difficulties due to various reasons such as delays in commissioning, high debt levels, and low power prices.
- Environmental concerns: Some of the suspended projects were facing environmental concerns, including issues related to forest clearance, environmental impact assessments, and public opposition.
The suspended projects include:
- NHPC's 2,400 MW Pakal Dul hydroelectric project in Jammu and Kashmir
- NHPC's 1,000 MW Kwar hydroelectric project in Jammu and Kashmir
- DVC's 1,000 MW Tilaiya thermal power project in Jharkhand
- DVC's 1,000 MW Koderma thermal power project in Jharkhand
The suspension of these projects is expected to help reduce the financial burden on the government and the power sector, while also addressing environmental concerns and ensuring a more sustainable and efficient use of resources.