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Conference Report and Recommenndations

ASSOCHAM CONFERENCE : HYDROPOWER@CROSSROADS, May 3, 2016 1 PageI

CONFERENCE REPORT

ACKNOWLEDGEMENTS

ASSOCHAM expresses sincere thanks to Chair and Co-Chair Naonal Council on

Power for their guidance and support extended to the Conference.

Chairman

Shri Shrirang KarandikarCEO, India Power Corporaon Ltd.

Co-Chairmen

Shri M.M.Madan

CEO (Hydro & Renewable Energy)

Jindal Power Ltd.

Shri Kapil Mantri

Head Corporate Strategy

Jindal Steel and Power Ltd.

Shri Sash Jindal

CEO and Director

JSW PTC Ltd.

ASSOCHAM is indebted to Knowledge partners for their intellectual contribuon

towards the Conference.

Yogesh DarukaPartner

Energy, Ulies & Mining, PwC [email protected]

Subhrajit Daa Ray

[email protected]

Soham Biswas

[email protected]

Suddhasaa Kundu

[email protected]

ASSOCHAM CONFERENCE : HYDROPOWER@CROSSROADS, May 3, 20162 PageI

CONFERENCE REPORT

CONTENTS

Conference Programme

Conference ProceedingsInaugural Session

Session 1 – Delusions and Advanced TechnologySession 2 – Policy, Governance Framework and Risk Migaon

Highlights of the Knowledge Paper

Importance of Hydropower Development

Conference Recommendaons

List of Parcipants


CONFERENCE REPORT

PROGRAMME

9.30 am Registraon and Tea

10.00 am – 11.45 am Inaugural Session

10.00 am Lighng the Inaugural Lamp

10.03 am Opening Remarks Shri D.S.Rawat, Secretary General, ASSOCHAM

10.05 am Welcome Address Shri Sandeep Jajodia, Sr Vice President ASSOCHAM CMD, Monnet Ispat and Energy Ltd.

10.10 am Address Shri Sujit Ghosh, Partner & Naonal Head Taxaon, Advaita Legal 10.20 am Special Address Shri Naveen Jindal, CMD Jindal Steel & Power Ltd.

10.30 am Mr. Sigvald T. Hauge, Charge d' Affaires a.i.,/Deputy Chief of Mission Embassy of Norway in India 10.40 am Shri K.M. Singh, CMD, NHPC

10.50 am Smt Shakuntala D. Gamlin IAS, Chief Secretary to the Govt of Arunachal Pradesh

11.00 am Addresses by the Shri B.P. Pandey IAS, Addional Secretary to the Guests of Honour Govt of India, Ministry of Power (Hydro) 11.15 am Inaugural Address Shri Kalikho Pul by the Chief Guest Hon'ble Chief Minister, Govt of Arunachal Pradesh 11.40 am Vote of Thanks Mr. Shrirang Karandikar Chairman Naonal Council on Power and CEO India Power Corporaon Ltd.

11.45 am – 12.15 noonTea / Coffee

12.15 noon – 2.00 pm Session 1: Hydropower Development – Delusions and Advanced Technologies

Chairman Shri A.B. Pandya, Former Chairman CWC

Co-Chair and Session Co-ordinator Shri Sash Kumar Sharma, V. P. Eng. Management , HCC Ltd.

Environmental inc. Seismic and Safety issues Shri D.P. Bhargava, Former Dir - Tech NHPC Ltd. of downstream people on Hydro Power Shri P.K. Gupta General Manager (Geo-Tech), NHPC Longitudinal Flow in High Dams; is it possible? Shri D. P. Goyal, Director Jaiprakash Power Ventures

Hydro Technology – Exploing the potenal Shri Rohit Uberoi, Vice President and Head of Design and Engg, Voith Hydro Pvt Ltd.


CONFERENCE REPORT

Cost opmised Construcon of Tunnel in Hydro Power Shri Milon Mukhopadhyay, MD, Normet India P. Ltd.

High impact velocity hydro abrasive erosions Dr. D.A. Karandikar Head - Coang Plant, Andritz Hydro Pvt Ltd.

Hydropower: Balancing of Renewable Shri K.K. Singh, Reg. Exe. Director (Hydro), NTPC Ltd.

Hydropower: The Innovave Way Shri Maninder Singh, Director, Internaonal Coil Ltd.

Queson / Answers

2.00 pm – 3.00 pm Lunch

3.00 pm – 5:30 pm Session 2: Sustainable Development, Policy and Government Framework, and Risk Migaon

Chairman and Shri Shyam D. Dubey, Member (Hydro), Session Co-ordinator Central Electricity Authority Co-Chairman Shri M.M. Madan, CEO (Hydro & Renewables) Jindal Power

Co- chairman Shri A.B.Giri, Member Board Internaonal Hydropower Associaon

Necessity for Hydropower Development Shri Anand Behari Agrawal Execuve Director (HR), NHPC and Former Chairman Bhakra Beas Management Board

Why change in Hydro Power Policy is required Shri Asim Thakurta, Chief, Corporate Projects, Tata Power and Chairman, Dugar Hydropower Ltd.

Sustainable Development of Hydropower Shri Gyanbhadra Kumar, Head Hydro, JSW Energy

Policy Imperaves Shri Kapil Mantri, Head, Corporate Strategy and Bus. Development, Jindal Steel & Power Limited

Risk Migaon Shri Rahul Varshney, Director, Buss Dev. Statkra Ltd.

Sharing of risks through Contract Document Shri Vibhash Pathania (On Behalf of ) Mr. Rajeev Vishnoi, General Manager, THDC

Financing Risks in Hydropower Development - Mr. Kaushlendra Tripathi Director, Energy advisory, Key Migaon Measures PWC

Address Shri K.C.Dhimole, Tech Advisor to CM Arunachal

Concluding Address Shri M.M. Madan, Chairman Hydro Group, ASSOCHAM

Queson / Answers

5.30 pm. High Tea (Close)


CONFERENCE REPORT

HYDRO POWER@CROSSROADS - Tapping The Untapped

ASSOCHAM had organised the Conference on

Hydropower@Crossroads on May 3, 2016 at Hotel

Lalit, New Delhi. Shri Kalikho Pul, Hon'ble Chief

Minister of Arunachal Pradesh was the Chief Guest at

the Occasion. Shri T.N. Thongdok, Hon'ble Minister of

Power and Non-Convenonal Energy, Govt of

Arunachal Pradesh, Shri B.P. Pandey IAS, Addional

Secretary to the Government of India, Ministry of

Power, Mrs. Shakuntala D. Gamlin, Chief Secretary to

the Government of Arunachal and Shri Sigvald Hauge

Deputy Chief of Mission, Embassy of Norway and Shri

K.M. Singh CMD Naonal Hydropower Corporaon

were the Guests of Honour at the event. Mr. Naveen

Jindal, Chairman Jindal Steel and Power Ltd, the Steel

and Power Industry's legend was also present at the

event.

India is endowed with rich hydropower potenal to the

tune of 148 GW, which would be able to meet a

demand of 84 GW at 60% load factor. Various factors

have contributed to the slow pace of hydropower

development, resulng in the declining share of

hydropower in India's energy mix since 1966. These

have been compounded as hydropower development

has largely remained under the ambit of state

governments with varying policies since water is state

specific subject. The objecve of Conference was to

flag collecvely the concerns of industry and issues

that have led to the decline of the Hydroelectric Power

development - the most important constuent of the

green power, which is also extremely important for

balancing the renewable.

Inaugural Session

The Chief Guest Shri Kalikho Pul, Hon'ble Chief

Minister of Arunachal in his Inaugural Address said

that hydropower is indeed at crossroads as the sector is

not receiving the sort of aenon it deserves. Power is

the basis robust economy. With India aspiring for a

double digit economic growth, reliable, affordable and

sustainable power supply will be a key determinant to

achieve this objecve. It has been a maer of serious

concern that most of the hydropower projects are held

up because of issues like long construcon periods,

lack of transport infrastructure, environmental

concerns and geological risks. Environmental and

other clearances have slowed hydropower projects.

Out of a total 1.5 lakh MW hydro power potenal in the

country, around one-third has been harnessed to date.

One-half of the untapped potenal of 1.0 lakh MW in

the country is found in Arunachal Pradesh and

regreably, less than 1.0 per cent of the state's

potenal of 58,000 MW has been harnessed so far.

Thus, it will be Arunachal Government's priority to

ensure that this potenal is harnessed in an opmal

manner in which the environmental impact and human

displacement is reduced to the absolute minimal and

posive outcomes are achieved in the shortest

possible me. Worldwide, the total hydropower

installed capacity is 936 GW and leading generang

countries are China, Canada, Brazil, USA, Norway and

India.

Chief Minister informed that the State Government

had so far alloed 145 projects with a total installed

capacity of 46,432 MW. Of these, 10 projects with an

installed capacity of 11,675 MW have been alloed to

Chief Guest Shri kalikho Pul Honble Chief Minister of Arunachal lighng the Inaugural Lamp.


CONFERENCE REPORT

Central Public Sector Undertakings. The remaining 135

projects with installed capacity of 34,757 MW have

been alloed to Independent Power Producers.

Currently, 3 out of 10 projects alloed to CPSUs are

under different stages of implementaon. By next

year, there will be a capacity addion of 710 MW from

2 of these 3 projects. Another project with Private

Sector - the Gongri HEP (144 MW) is also under

implementaon. Besides these projects, techno-

economic clearances for 31 projects (18368.19 MW)

have been accorded and Detailed Project Reports in

respect of 27 projects (4649.4 MW) are under

preparaon/ examinaon. The remaining projects are

in the Survey & Invesgaon stage. When the alloed

projects come up, the State would receive free power

more than 5600 MW installed generaon capacity in

terms of the agreements entered into with the

developers as against the state's current requirement,

which would not be more than one-tenth of that. The

surplus power will be available for development of

agricultural, mining, industrial and infrastructural

sectors. He assured developers that Arunachal

Government will provide support to developers for

installing & commissioning of hydropower plants

with facilies of single window clearance. All

requirements of local coordinaon will be fast tracked

with no barriers for investments. The State

government is also examining various opons available

to the state of Arunachal Pradesh for funding the

equity parcipaon of the state including the opon to

exit from the same. We invite power developers to

invest in the sector on an as-is-where-is basis and the

State government would only need for the 12% free

power to be assigned to it. Arunachal Government

stands commied to extension of necessary

cooperaon and assistance that is required to reduce

risks in the sector and ensure that hydropower projects

are commissioned without me and cost overruns.

Shri B.P. Pandey, Addional Secretary to the Govt of

India, Ministry of Power in his keynote address

presented status of Hydro Power Development in India

– A concept note prepared by the Ministry of Power

likely to be placed before the cabinet commiee for

approval. Shri Pandey highlighted sector-wise

installed capacity & energy mix, state-wise demand

and supply of power, analysis of reasons for declining

share of hydropower, relevance and cricality for

Hydropower Development in the country parcularly

in context of water management, water security, grid

stability, peaking power requirement. He also

presented comparave analysis of Hydropower

vis-à-vis other sources of Power – Thermal/ Nuclear/

Solar/ Wind in terms of project life, cost of generaon,

operaon and maintenance cost, land area

requirement, environmental costs, its impact on social

economic and infrastructure development. Shri

Pandey shared State-wise and basin-wise status

and the Projected Gap in Hydropower by 2030,

comparave analysis of policies of various State

Governments. He highlighted regional issues and

techno economic issues including increasing tariff, cost

over-runs, lack of long term low interest bearing

financing instruments, contractual and geological

surprises. Shri Pandey shared his insights about

exisng Policy Provisions - Naonal Electricity Policy,

2005, Hydropower Policy, 2008, Tariff Policy, 2016 and

Right to Fair Compensaon and Transparency in Land

Acquision and Rehabilitaon, 2013.

Shri Pandey informed that the Government of India is

working on several proposals to address industry

needs e.g fair and transparent policy for allocaon of

projects with local communies having higher share

(L-R : Shri K.M. Singh CMD NHPC Ltd. Shri B.P. Pandey IAS, Addl Secretary to Govt of India Ministry of Power and Shri naveen Jindal CMD JSPL


CONFERENCE REPORT

out of the free power given to the states, viability gap

funding for hydropower projects, guidelines for

handling geological surprises and natural calamies

and risk-sharing mechanism and preferenal

treatment for environment and forest clearances

for hydropower projects and beer contract

management pracces.

Smt Shakuntala D. Gamlin IAS Chief Secretary to the

Govt of Arunachal in her address said that India has

limited fossil fuel reserves. With volale internaonal

energy prices and heightened concerns over carbon

emissions there is an increasing focus on developing a

cleaner and greener energy basket. In a naon

endowed with huge natural resources for hydropower

generaon, development of Hydroelectric power is a

natural choice. The world is coping with the problems

caused by a hydrocarbon-fuelled economic growth.

Hydropower remains one prime source of generang

carbon-free electricity. While sharing Arunachal's

percentage share in energy mix share, Smt Gamlin said

that out of a total 1.5 lakh MW hydro power potenal in

the country, half of the two-third untapped potenal

(i.e 1.0 lakh MW) in the country, lies in the state of

Arunachal Pradesh. There have been delays in

obtaining statutory clearances - environmental and

forest in the case of hydroelectric projects, especially in

the case of those that are envisaged with a reservoir for

water storage. These clearances are ed to the

Cumulave Impact and Carrying Capacity Studies for

the enre river basin (prescribed by the Union Ministry

of Environment & Forests). Apart from the above,

MOAs, DPRs and spulaons of a higher environment-

flow, which is a minimum of 20 per cent, and for

maintenance of a free flow to keep a distance of 1 km

between two projects, have rendered many projects

commercially unviable. This is because expected tariff

in many of these project tends to be not more than

Rs.5/- per unit (kWh). Consequently investors have

been unable to sign long term PPAs and obtain financial

closures for their projects.

Smt Gamlin said that the logical chain of events must be

corrected through a mid-course correcon. We also

need to look at spulaons in a more realisc and

pragmac manner. We have been taking up these

issues with the concerned Union Ministry and are

hopeful that genuine issues will be addressed in a

me-bound manner. With Chief Minister who is a

visionary and pragmac personality with progressive

outlook and proacve approach, Arunachal

Government is commied towards addressing

industry concerns and providing faci l itang

env i ronment for speedy deve lopment and

commissioning of Hydroprojects in the State. The

Hydropower tariff is though slightly on higher side viz a

viz other renewable, but, hydropower's inherent

advantages, of peeking load factor of 50% as against

16%-20% for wind and solar, its much longer project

life, water sustainability and security and praccally

carbon free power generaon capacity for

environmental conservaon, need to be recognised.

The purchaser of power should take into account that

the PPA signed now, will be applicable for purchase of

power aer 10 years, and the current tariff by then,

may be the most compeve price then. There is a

great need to view hydropower in a correct

perspecve and its importance in comparison to any

other power source needs to be appreciated. Local

agitaon is jusfied but there is need to create an

awareness about the benefits that locals would derive

from development of hydropower projects viz safety

from flash floods, water security which is the basis of

humanity and life, provision of infrastructure like

roads, housing, medical and educaonal facilies and

an addional revenue stream arising from businesses

like fisheries, tourism etc. Globally, it is seen that

hydroelectric power is the basis of the energy security

in developed countries like US, Canada and Norway.

Shri K M Singh ,CMD, NHPC in his address said that it

is necessary to spread awareness about the need to

develop the hydro potenal of our country in a

sustainable manner from the viewpoint of three

important pillars namely economic, social and

environmental. India is the world's third largest


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economy as well as the third largest energy consumer.

Considering the pace of development and rising

populaon, energy consumpon will further increase

over the next coming years. Needless to say that there

is an immediate need to give aenon to Energy

Security of the country. Presently Indian power sector

is dominated by thermal plants, which contribute

about 70% of the capacity, followed by 15 % from

hydro, about 13 % from other renewable sources and

2% from nuclear power. Thus the share of hydro has

fallen drascally from the level of 40% during late

sevenes to that of 15% today. It is also a known fact

that, India had been relying on fossil fuel for adding to

generang capacity. However, with the fast

diminishing coal deposits and the concerns of climate

change due to global warming, there is an urgent need

to look for other renewable sources. There has been a

recent thrust in renewables like Solar and Wind, but

hydro seems to require more aenon of our planners

and developers. This is probably due to the fact that

Wind and solar can be commissioned faster whereas

hydro, as you all know takes much longer me.

Shri Singh asserted that Hydropower clearly has an

edge over other sources of power generaon. It is

environmentally benign and non-pollung source of

power and has negligible greenhouse gas emission

compared to other convenonal modes of power

generaon. Thermal (on Coal) has 957 GHG emission

per kWh in Gram Equivalent CO2, Thermal (on Gas) has

this figure 422 whereas GHG emission by Hydro

(RoR) comes out to 4, significantly smaller than

corresponding emission factors from thermal power

plants alternaves. Further, Hydro projects have

relavely longer useful plant life, help in providing

inexpensive power in long term and is ideal for meeng

peaking load and as a spinning reserve. Besides this, it

also helps in remote area development, flood

moderaon, irrigaon, navigaon and drinking water

requirement and increasing agriculture producvity

besides creang other streams of revenue including

tourism. Mulpurpose storage projects can address

the concern of water security also. India has a

substanal hydropower potenal of about 1,48,000

MW. Of this, only about 26% has been harnessed so far.

Thus there is a considerable scope for development of

hydro power in our country. Of late, the concern

expressed by civil society about the adverse impacts of

Dams, has opened the doors for civil agitaons and

ligaons, opposing construcon of dams/ hydro

projects

NHPC is contribung about 15% of the total

hydropower developed in India. Though absolute

figure of installed capacity which aggregates 6587 MW

including NHPCs JV capacity, may not be impressive,

but it is true indicave of the fact that hydro projects

are not easy to implement. Even with such long

experience and technical knowledge in Hydro power,

NHPC is sll facing problems/constraints in developing

hydro power projects. Pre-construcon clearances

take abnormally long me which adds significantly to

the project cost. During project implementaon the

major problems which come up are geological

surprises during construcon intermient stoppage of

works by local public/PAFs and consequenal

contractual issues. NHPC has tried to migate the

contractual issues by expedious decision making to

resolve issues relang to changes, cash flow, delay

impacts etc. Technical challenges are being overcome

by adopon of latest technologies from world over. To

address the concerns of loss of livelihood of project

affected families, NHPC has taken iniaves like

providing employment to the extent possible and

monthly subsistence allowance for periods varying up

to 35 years to provide connual income. Private sector

has approx. 37% share of installed capacity in thermal

while in Hydro only 7% of the installed capacity. Shri

Singh said that the development of hydro power

projects in India needs to be encouraged.

Mr. Naveen Jindal CMD JSPL Group in his address said

that the conference is the right plaorm for re-vising

the drawbacks in the growth of hydro power and take

correcve measures to develop the vast potenal of

hydropower available in the country. Every second


CONFERENCE REPORT

millions of cubic meters of water is wastefully flowing

down into the sea. Considering the GDP growth of India

as 7-8% in coming years, it is essenal to have

sustainable power development which will also cater

to the need of water in the drought prone areas of

India.

He said Countries like Norway, Paraguay, Brazil, Canada

produce 90% of electricity by Hydropower. The share of

Hydropower and Pumped storage around the world is

led by China (320 GW), USA (102 GW), Brazil (91 GW),

Canada (78 GW), Russia & India stands with 43 GW

each. Per capita consumpon of electricity in Canada is

15,687 kWh and USA is 12,947 kWh. However, in India,

per capita consumpon of electricity is 1010 kWh,

which is much lower compared to other naons. The

installed capacity of Hydropower in India as on 31st

March' 2016 is 42,783 MW, which indicates that 70% of

hydro potenal is sll unulized. India is having about

1,00,000 MW of untapped hydropower potenal,

which is technically feasible, economically viable,

socially equitable & environmentally sustainable.

Majority of this unulized potenal is in the State of

Arunachal Pradesh and for its development; the

support of the Government is urgently and essenally

required. Thousands of household in our villages in

India are sll un-electrified or parally electrified.

Promoon and development of hydropower is the

need of the hour to curb carbon emissions as envisaged

in the recently concluded COP21, Paris. Almost 90% of

the Hydro Power Potenal is already alloed to various

developers. Developers have also invested huge

amount of money for the invesgaon and clearances

for these projects. It normally takes 3-4 years to

prepare a detailed project report (DPR) for Hydro

project and stascs show 25,678 MW of potenal is

already concurred by CEA which is yet to be taken up

for construcon. This amounts to 17.67% of total

installed capacity. Reluctance of DISCOMS to sign PPAs,

Delay in Environmental & Forest Clearances, Lack of

Infrastructure, Policy issues has slowed down the pace

of hydropower projects.

Shri Jindal said that there is a serious need to address

the issues in the Hydropower sector and some

conceptual changes are urgently needed in the

Hydropower Policy. He highlighted key issues and

suggested some policy changes for expedious hydro

power development in the country.

Govt. of India should play a pivotal role to stress

upon the DISCOMs for signing PPAs with Hydro

Power Developers. Addionally for North East

states, beneficiary quota of power from each

Hydro project should be fixed so that PPA can be

signed with NE states on CERC norms.

The financing policies for hydro projects need to

be revised with a view to provide longer tenure

debt to hydro sector (say 25-30 years).

The Banks should be advised to earmark at least

40% of the total lending to power sector dedicated

only for hydropower projects.

The condional concurrence (for E Flows) of

Environment & Forest Ministry may be granted so

that developer should carry on further acvies of

the project without waing for Basin studies final

recommendaons.

GoI in consultaon with State Govt.(s) should

formulate a me bound process of land

acquision which should be monitored regularly

on target vs achievement basis.

Law & order i ssues should be handled

expediously at each project.

The Government should declare all Hydropower

Projects, regardless of the capacity, under

“Renewables” category.

There should be separate Hydropower Purchase

Obligaon (HPO).

Agencies implemenng the road sector projects

need to be provided adequate support to

complete the projects expediously.

Naonal Clean Energy Fund (NCEF) (Coal cess)

should be used for development of hydro projects.

State Govt. / Central Govt. should organize Public

Awareness Programs emphasizing Hydro Power as

safe and sustainable for green development, so

that people become aware of seismic & safety

aspects which are taken care during the design of

the Dam and how it safe guards the people of the

Downstream.


CONFERENCE REPORT

Shri Sujit Ghosh, Partner and Legal Head Advaita Legal

said that Hydropower Projects are highly capital

intensive on account of civil works and cost of electro-

mechanical equipments like turbines and generators.

Taxes on equipment and input services used for seng

up projects, building and other construcon workers

cess (BoCW), water royalty payable to State

government and levy of excise duty further, adds to

project cost. Several tax exempons accorded in the

past have been withdrawn recently. These include

Customs and Excise duty exempon for non listed and

future hydro projects, deemed exports for mega hydro

projects, blanket non-levy of service tax on

construcon of dams, bridges and tunnels. The 80IA

benefit is also limited unl 2017. Mr. Ghosh

recommended tax exempon on capital goods used for

seng up and operaon of hydropower projects be

granted. Service tax exempon should be used for and

in relaon to Hydro Power Projects, Exempon from

VAT, Entry Tax and Electricity Duty by the State

Government for goods used in Hydro Power Projects

should be granted. Government may consider zero

rang for electricity under the GST regime .

Shri Sandeep Jajodia Sr Vice President ASSOCHAM

and CMD Monnet Ispat & Energy Ltd. presided over

the Inaugural Session. In his welcome address he

highlighted several challenged that need to be

addressed namely inter-state disputes that hinder

integrated river basin development for hydroprojects.

Land availability and acquision cause delays in

construcon and rehabilitaon of project affected

people. Delays and non-clearance on environmental

and forest aspects result in cost over-runs.

Hydropower development needs long tenure debt

availability for say 20 or even more, which is limited in

the Indian markets. Techno economic viability of

hydroelectr ic projects depends on geology,

topography, hydrology and accessibility to project

area. Most of the hydropower projects are located in

remote sites and require development of enabling

infrastructure for power evacuaon. The plant load

factor for Hydropower projects is typically less than

50% and as a result significant transmission capacity is

underulized.

S h r i J a j o d i a h i g h l i g hte d s o m e o f t h e key

recommendaons. He suggested that for effecve

planning of river basin development, Govt of India

needs to ensure that inter-state agreements for water,

are in place. Benefit–sharing is a commitment by the

government and the developer to share monetary and

non-monetary returns with stakeholders. Appropriate

benefit-sharing mechanism can ensure social stability.

Involvement of project affected persons in joint

consultaon between developer, government could

help smoothen out differences and get legal and social

consent. Opmal balance should be sought in respect

of revenue sharing, local development funds,

ownership structure, taxaon levels and preferenal

electricity rates. The Land acquision procedure for

Hydro projects should be in line with the one

applicable for road projects of Naonal importance as

per NHAI Act. Present Act 2013 is too, cumbersome

and the me schedule makes the projects tariff

unviable. Specific melines toward all statutory and

non-statutory clearances to a project, at both center

and state level, need to be fixed. Building pooling sub-

staons in locaons having large concentraon of

hydro resources is an efficient opon which help

developers reduce the project cost on account of last

mile connecvity. Establishment of Green energy

corridors for evacuaon of renewable energy projects

to be given priority. We also need to look at technical

Mr. Sujit Ghosh, Partner and Naonal Taxaon Head, Advaita Legal addressing tax perspecve at the Inaugural Session


CONFERENCE REPORT

capacity development. An upstream storage facility in

each river basin can, by regulang overall flow, will

reduce silt loads downstream as well as lead to greater

energy output.

Unl 2011, Hydropower industry enjoyed favourable

tax regime. Thereaer, some benefits like duty

drawback were withdrawn. Service tax was imposed in

addion to water, power and green energy cess

rendering it unviable. Favourable tax treatment,

especially at early stages of projects, reduces project

costs and helps them to secure cheaper financing.

Cascading taxes lead to higher tariffs Government may

offer tax credits (as in the US) or tax holidays (as in Laos)

to facilitate investment. Government may consider

innovave financial products like tax –exempt bonds

focused on hydropower sector, channelize long term

funding (from pension funds, banks) to this sector.

Government may create special hydropower financing

schemes eg. accelerated generaon and supply

programme to state ulies, providing loans to power

ulies at a reduced rate of interests. The Government

needs to consider making it mandatory for power

distribuon ulies to purchase a fixed amount of

hydropower. Tariff comparison should be based on the

quality of energy supplied, reflected by the posion

hydropower occupies in load duraon curve. Time of

the day tariff concept should be introduced to

purchase peak power from hydro projects at higher

rates than base load power. Provision for Viability Gap

funding could be a soluon to hydro power

development. For new projects, Government may

consider floang tenders for say 1000 MW Case 2

Hydro projects and allot project to developer with

lowest VGF proposal. Government can also idenfy

sites and ask developers to bid for lowest Viability Gap

Funding. Government may ulize the Clean Energy

Fund for the purpose. State Government is to be

provided 12% of free power as royalty from any Hydro

Power Project to be developed in the State. This

allocaon to State increases to 15%, 18% and even 30%

over the life of the Project. Recently for a large Hydro

Power Project (1000 MW) in a Northern State, 12%

free power was been waived off by the State

Government apart from providing exempon from

WCT/ Entry Tax. This model could be replicated by

other state Governments as well.

He voiced industry's earnest request to consider all

hydro projects regardless of capacity be treated as

'renewables' and extended all benefits as applicable

for renewable projects. The Government has though

emphasized upon 5 mes installed solar capacity, it is

not sustainable proposion without being balanced by

hydropower. Hydro consideraon should be integral

part of solar and wind energy development. Hydro's

crical role in energy security for the country is based

on the elements of sustainability, availability and

affordability.

Shri Shrirang Karandikar, Chairman ASSOCHAM's

Naonal Council on Power and CEO India Power

Corporaon Ltd. proposed the Vote of Thanks to

conclude Inaugural Session of the Conference.

Shri Sandeep Jajodia Sr. Vice President ASSOCHAM and Shri D.S.Rawat Secretary General ASSOCHAM felicitang Shri T. N. Thongdok, Hon’ble Miniser for Power and Non-Convenonal energy, Government of Arunachal with a memento


CONFERENCE REPORT

Session 1

Hydropower Development Delusions and Advanced Technologies

(Shri A.B. Pandya, Former Chairman Central Water Commission and Session Chairman addressing Delusions and Advanced Technology for Hydropower Development

The Session was chaired by Shri A.B. Pandya, Former

Chairman Central Water Commissions and Shri Sash

Sharma V.P. Engg Management HCC Ltd.

Shri D.P. Bhargava, Former Director Tech NHPC while

addressing Environment Safety and Siesmic Issues of

Downstream People in A.H.E. Projects recommended

that if projects are built and operated by different

agencies, River Basin Reservoir Regulaon Authority

should be established for co-ordinated operaons. He

also recommended that some poron of free power

royalty should be given to immediate Downstream

State, if no other tangible benefits like irrigaon are

happening to it. He suggested that 2% of project cost

should be provisioned for hydropower development.

Shri P.K. Gupta General Manager (Geo-Tech NHPC

Ltd.) while sharing his perspecve on the subject said

downstream people are disillusioned on various

aspects. Their belief is that hydropower project

development leads to drying of rivers, consequent loss

of biodiversity and sedimentaon and prospects of

flash floods. On the contrary, hydropower projects lead

to sustained adequate supply of water flow in river

L to Right.Shri Maninder Singh, Director ICL. Shri K. K. Sigh, Reg Exec ve Director NTPC Ltd.Shri Rohit Uberoi, VP and Head of Design and Engg Voith. Shri P. K. Gupta, General manager NHPC Ltd.Shri A.B. Pandya, Session Chairman and Former Chairman CWC. Shri S sh Sharma, VP Engg HindustanConstru on Company Ltd. Shi Milon Mukhopadhyaya, Managing Director Normet India Ltd.Shri D. P. Bhargava, Former Director Technical, NHPC Ltd. Shri D. A. Karandikar, Head Co ng Plant AndritzIndia Pvt Ltd. and Shri D. P. Goyal, Director Jayprakash Power ventures


CONFERENCE REPORT

streams even in lean periods. It provides water security

in the downstream area. It helps preservaon of

biodiversity and other sources of livelihood for the

local community through co-operaves e.g. Bhakra/

Indra Sagar/ Omkareshwar Dams. It helps provide

conducive habitat for aracng migratory birds in the

area creang addional tourism potenal. It also

preserve soil ferlity as sediments are flushed out for

opmal generaon power. Dams in upstream (like

Arunachal) also reduce fury of floods in downstream

areas of Assam. Tehri Dam was a boon for Rishikesh

and Haridwar region during Alakhnanda floods. Till

date no damage has occurred in any of the mega

Hydropower Project Dam structures due to floods or

earthquakes. The Dams are designed to absorb Siesmic

forces under extreme condions. The Hydropower

Projects cause posive social-environmental benefits

in the downstream. Bhakra is a classical example for

posive revoluon in the downstream in terms of

irrigaon, quality power supply and sustained water

security, flood migaon and business opportunies.

The downstream people are the actual beneficiaries

from Hydro Projects. He recommended that instead of

several Run on River projects, large storage projects

are the need of the country to foster water security,

flood control, added benefits of fisheries and tourism

e.g. Tehri, Hirakund, Sardar Sarovar, Nagarjuna Sagar.

Shri D.P. Goyal Director Jaypee Power Ventures Ltd. in

his address on Longitudinal flow in High dams said that

Flow of water, sediments and other natural Resources

should be connuous and adequate over enre length

of river throughout the year for sustenance of rare and

endangered species in water. Reducon in natural flow

can affect anthropocentric value of a river including its

social, economic, cultural, aesthec and recreaonal

values. ROR projects lead to fragmentaon of river

length affecng riverine biota and diversity. Release of

EF from a dam/barrage with power house located at a

distance will result in loss of power generaon.

Shri Rohit Uberoi VP and Head of Design and Engg,

Voith Hydro Pvt Ltd. in his address said that

Hydropower Energy is clean renewable Source of

Energy which is sustainable, Renewable, Clean,

Reliable and Efficient. There is need to look beyond

convenonal potenal through distributed generaon

closer to consumers. This model has inherent

advantages of direct supply to local consumers/

connecon to local grid. It provides impetus to rural

electrificaon in hilly regions and access to electricity

where grid is not extended, reducon of transmission

costs and intangible benefits of inclusive growth. He

suggested integraon of new technology with

irrigaon schemes, industries and convenonal fossil

fired powerhouses.

Mr. Milon Mukhopadhyay, Managing Director,

Normet India Pvt Ltd. addressed issues of cost

opmised construcon of tunnels in Hydro Power. He

said that hydropower tunnels are built in Himalayas

with a designed service life of over 50 years. Himalayan

Geology is very young and many terrains have weak

rock mass, clay, water bearing strata which creates

major challenges during excavaon in Tunnel. It

demands use of advance technology, to ensure safe &

cost opmised construcon. It involves preliminary

support installaon by WET shotcreng, rock bolng ,

groung etc. Rock support by quality sprayed concrete

in Tunnel construcon is most important as it ensures

preliminary support to overburden mass along with

Rock bolt and ensure safety for the workmen, helps

further progress of excavaon. Sprayed concrete was

invented in 1907, and is widely used ll today for rock

support world wide, both in mining and tunneling. Use

of such spraying equipment along with Alakali Free

accelerator, HRWRA, Hydraon Control agent etc. ,

construcon chemicals (as per EFNARC Standard) has

now made possible to produce and sprayed a durable

shotcrete in Tunnel which ensures early strength

development @1Mpa at one hour which is the basic

aim for preliminary support to overburden .

Mr. Mukhopadhyay said that errors in tunnelling come

from people. The main causes aributed to lack of

knowledge & preparedness for the geological


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Mr. K.K. Singh Regional ED Hydro NTPC Ltd. said that

less share of hydro in the Indian energy basket not only

adversely affects the efficiency of the power system

and plant life but also necessitate burning of huge

amount of valuable natural resources. With

commitment of 24x7 power to all by 2019, it becomes

essenal to ensure quality power with proper grid

management. Although Renewable energy is demand

of the me but have certain limitaons about reliability

of supply, low CUF/PLF, unscheduled power cuts, grid

stability, energy storage. To migate this aspect, hydro

power plants have advantages of flexible operaon,

built in energy storage, low stress on the plant with

short run up me, capable to handle part loading &

voltage fluctuaon, are ideally suitable for balancing of

renewables. Besides these, if water is regulated

through storage and pumped storage hydropower

schemes, it can assist in migang climate change,

providing freshwater for irrigaon, domesc/

industrial water supply, drought management and

flood protecon soluons, ground water recharge, etc.

If not controlled or regulated, clean/potable water

will end up into Ocean/Sea without fruiul use.

For BALANCING OF RENEWABLES, we have to re-

emphasise on development of HYDRO POWER.

Shri Maninder Singh, Director Internaonal Coil Ltd.

addressed innovave Technology for Hydropower

Development.


CONFERENCE REPORT

Session 2 :

Policy and Governance Framework and Risk Migaon

The Session was chaired by Shri S.D. Dubey Chairman

CEA, and Co-Chaired by Shri M.M. Madan CEO (Hydro

and Renewables) Jindal Power along with Shri A.B.

Giri Member Board Internaonal Hydropower

Associaon.

Shri Asim Thakurta, Chief Corporate Projects, Tata

Power and Chairman Dugar Hydropower Ltd.

addressed Policy change related to role of State in land

acquision, infra development and clearances. He said

that land acquision and R&R of Project Affected

People (PAP) remains one of the most crical aspect for

large storage hydro projects. To address opposion to

these projects, the opon of equity in exchange of land

(with a cap of say 2% of total equity); can be promoted

which guarantees long lasng returns (in the form of

dividends) and aligns interests of communies

towards success of the project. Cost of infrastructure

like roads and bridges for the enre valley shall not be

loaded to the first project; rather State Govt. should

first bear the expenditure, and then share it with all the

projects ulizing the facility. The state should pursue a

mechanism to securize/ offset and pool the free

Le - Right Shri Vibhash Pathania, THDC, Shri Rahul Varshney, Director, Buss Dev. Statkra Ltd. Shri Gyan Bhadra, Head Hydro JSW Energy, Shri K. C. Dhimole, Tech Advisor to CM Arunachal, Shri A.B. Giri, Member Board Internaonal Hydropower Associaon. Shri Anand Behari Agrawal, Execuve Director (HR), NHPC and Former Chairman Bhakra Beas Management Board, Shri Kapil Mantri, Hear Corporate Strategy, JSPL, Shri Asim Thakurta, Chief , Corporate Projects, Tata Power and Chairman, Dugar Hydropower Ltd. and Shi Kaushlendra Tripathi ,Director, Energy advisory, PWC

(Shri S.D. Dubey Chairman Central Electricity Authority addressing the parcipants Policyand Governance Framework for Hydropower Development.)


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power revenues from mulple projects (which will

only begin once the project is developed) for

investment in the inial infrastructure. Absence of

transmission facilies creates uncertaines, delaying

the financial closure. PGCIL should proacvely

undertake corridor planning and implementaon. In

order to opmize clearances and sancons, a Hydro

Power Commission at the naonal level could be

considered as a Nodal Agency to cover issues required

for various clearances. Central Electricity Authority,

Central Water Commission, Environment Ministry,

State Government, Ministry of Power, Ministry of

Water Resources, could be nominated on this

Commission. Financial Structuring to reduce the

weighted average cost of capital for compeve tariff,

it is suggested that Debt: Equity be kept flexible say at

80:20 with mandatory incurrence of equity poron

minimum of 50% before any disbursement. Also the

repayment can be structured in a way to spread the

repayment period over a longer duraon as the life of a

hydro project is much more than that of a convenonal

generaon project. Government needs to consider

making available funds for longer tenor and lower

interest rates such as Pension Funds, Tax Free Bonds

etc. with adequate safeguards. Supply of free power

can be deferred as in the inial years the project faces

maximum repayment strains and should be rather

aer the loan has been disbursed. Numerous

“advalorem” charges (like LADF, CAT, Entry Tax, Labour

Cess etc.) shall be reviewed to lower the project cost.

Typically taxes make up to 11-12% of the total project

cost ignoring the compounded IDC. There is a need to

relook at these charges. Secon 80I (A) of the Income

Tax Act, 1956 provides for Tax Holiday on the income

generated from Power Projects. However, such holiday

is available only if the project gets commissioned in the

specified period. Tax Holiday under Secon 80I(A) of

the Income Tax Act, 1956, should be made applicable

for 10 years for all Hydropower Projects including

under implementaon projects. Granng Mega status

to all HEPs over 300 MW capacity having water storage

of above 6 hours of operaon and considering Excise

Duty exempon on Steel and Cement. Regulaon of

tariff under the Secon 62 of the Electricity Act 2003,

(which has now been extended ll Mar 2022 as per

recently released Naonal Tariff Policy) would help

breathe fresh life into hydro projects, provided State

Discoms have obligaon to buy some quantum

specified as percentage of Hydro Power. Defining a

Hydro Purchase Obligaon similar to Renewable

Purchase Obligaon (RPO) will ensure states plan

procurement of Hydro power also giving certainty of

revenues to projects thereby helping reduce risk

premiums on loans. Determining an appropriate

Return on Equity - higher than current levels of 15.5%-

17% commensurate with the risks is necessary to

aract quality developers. It has been established that

while the average gestaon period for a typical

thermal power project is about 36 to 40 months, the

same for hydro projects varies between 60 to 80

months. For hydro projects, there is a strong case that

return on equity should be suitably enhanced to

capture the relavely longer gestaon periods for

compleon of projects and also adequately reward

developers for early compleon. Infrastructure, access

to schools and hospitals, prevenon of damage due to

flood. Idenficaon of project affected communies

and they should be adequately compensated to make

up for the loss of livelihood, land and houses and

inclusion of affected people in project life. Provision of

free electricity, water and health services to the

affected people could help in sustainable development

of hydropower plants across the naon.

Shri Kapil Mantri Head – Corporate Strategy and

Business Development Jindal Steel and power Ltd.

addressed the policy imperaves. He said that country

needs peaking power. The issues that need to be

addressed include high cost and development period,

geological risks, infrastructure and connecvity

concerns in remote locaons and difficult terrains,

land acquision problems, environment & forest

clearance, power evacuaon challenges, opposion by

NGOs and difficulty in achieving financial closure. He

said introducon and reorientaon of certain

policies is a must to ensure revival of hydropower


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development. He recommended ten point agenda :

• Power Off Take & Hydropower Purchase

Obligaons: DISCOMS are reluctant to enter into

PPA because of higher tariff in inial years as

compared to other power sources like thermal.

Financial Instuons not willing to finance the

hydropower projects. HPO is the only soluon to

this issue.

• Hydropower is Renewable. Hydropower Projects

irrespecve of the capacity – parcularly all Run of

the River Projects should be declared as

Renewable to bring the projects under the net of

Government subsidy and other Tax benefits

• Taxaon at par with Solar – Mega Power Benefits

should be extended to construcon materials like

Cement, Steel and E&M equipment, as they are

major contributors to the project cost of Hydro

Projects. It is recommended to waive off / reduce

Advalorem Charges/Tax (LADF, Entry Tax, Labour

Cess etc). Secon 80I (A) of the Income Tax Act,

1956, provide Tax holiday on the income

generated from Power Projects . Tax Holiday

should be made applicable for 15 years for all

H yd ro Po we r P ro j e c t s i n c l u d i n g u n d e r

implementaon projects.

• Higher Risk, Longer Gestaon period deserves

higher Return on Equity. Longer gestaon hydro

projects suffer from a lower return since no return

on equity is allowed during construcon period

compared to relavely shorter gestaon thermal

projects. Need to evaluate construcon period

linked returns to bring all projects at par for

ret u r n s . To co m m e n s u rate t h e r i s ks &

uncertaines, current level of RoE 16.50% needs

to be made higher.

• Financial Support. Loan repayment period should

be spread over a longer duraon s ince

hydropower projects have longer life than other

type of power projects. Exempon of Tax for

interest income of FIs should be granted. Benefits

u/s 10(23)g of IT Act, 1961 to Hydro Power

Projects, which allowed for the exempon of tax

on the interest income earned by the FIs from

Infrastructure projects, were withdrawn and is not

available now with respect to infrastructure

projects. Restoraon of such benefits to Hydro

Power Projects would enable Indian FIs to provide

funds to Hydro Projects at lower interest rate,

leading to lower cost of generaon.

• Environment Flow requirement should be

determined based on project specific study and

should not be imposed arbitrarily. Dra River

Basin Study reports which are underway in various

basins should be shared with concerned project

developers before finalizaon. In case, change is

required in project features due to the

recommendaon of river basin study, CEA/CWC

should review only relevant chapters of the DPR &

accord concurrence expediously. Further,

MoEF&CC on its part may be advised to issue

corrigendum to already granted clearance

specifying the revised parameters (as they tend to

reduce the impact on environment) and not direct

developer to revise the EIA/EMP report etc and file

applicaon for re-consideraon of Expert

Appraisal Commiee (EAC) of MoEF & CC.

Compensaon of Flood Moderaon Cost Some

hydropower projects having provision of flood

moderaon have been alloed to private sector.

As per CERC regulaons, the cost of flood

moderaon component cannot be passed

through the tariff. As such, either the enre cost of

flood moderaon component should be

reimbursed to the private developer by Govt. or

the project should be re-alloed to PSUs and the

expenditure incurred by the private developer

should be reimbursed if the developer opts to exit

the project

• Equity funding by State Govt in JV Projects. Many

hydropower projects are under development in JV

between Private Sector & State Sector. However, in

many cases, private partner needs to contribute

100% towards project expenses since State Govt

does not contribute its equity funding. Many JV

projects are delayed due to inability of State Govt


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in contribung equity funding required for

development of the project. In such projects, State

Govt. should forego its equity and exit JV

partnership.

• Naonal Clean Energy Fund (NCEF) (Coal cess) can

be used for development of Roads / Infrastructure

common for many hydro projects.

• Time of Day Meetering : Hydroelectric power is a

very important source for peaking power . ToD

should be implemented as proposed in Tariff

Policy 2016.

Mr.Rahul Varshney, Director Business Dev Statkra

India Pvt Ltd. said most common cause for projects

being stalled is difficult geological condions

combined with lack of experse. These may be on

account of Polical and Country Risks eg Increase of

Environment flow from 15% of lean season to 30% of

peak season flow, Introducon of 5% entry tax in

Himachal, dividend distribuon tax increased by 5%,

2.5% mandatory for CAT Plan, introducon of 1%

labour cess; 1.5% LADA, Indus water treaty – Pakistan

holds construcon of Baghliar Dam, significant

increase of cost of funding–RBI increased int. rate

4.25% to 8.5% (2010-12), average Inflaon rate from

2008 to 2013 around 10%, changes in land acquision

policy, policy changes like promong Solar & Wind

thereby discouraging other forms of generaon,

moving towards totally regulated market from

deregulaon or macro-economic parameters like GDP

projecons (CAGR), Fiscal deficit etc. Risk Migaon

would involve leadership and communicaon,

integraon of an-corrupon in the project cycle,

systemac approach to integrity due diligence of

partners, code of conduct & dilemma trainings, record

keeping and documentaon.

Mr. Vibhash Pathania, THDC while sharing his insignts

of Sharing Risks through Contract Document said that

But risk can be managed, minimized, shared,

transferred, or simply accepted. While in structural

engineering the properes of the construcon

materials such as steel and concrete are well known,

situaon is different in case of underground

construcon . The ground properes can vary in a large

range within same project and even within short

distances. Even with the best test methods the ground

properes will never been known at the same level as

the properes of concrete and steel. Therefore risks

are higher. During the inial phase i.e. the conceptual

stage or early design stage risk assessment is carried

out by the owner only. During tender and contract

negoaon owner sll have the primary responsible

party but he may have some inputs to the tender from

the contractors. The construcon risk policy may

indicate that emphasis should be placed on minimising

overall risk by reducing the likelihood of occurrence of

events with large consequences, e.g., with several

fatalies or of significant polical concern. This

requires communicaon of informaon about

idenfied hazards (nature & significance) to all pares

by some form of comprehensive risk register and

connuous monitoring, audit and review procedures.

Risk Management during Tendering and Contract

Negoaon include the specificaon of technical and

other requirements in the tender documents such that

the risks are managed in accordance with the risk

policy. Risks should be allocated to the party who has

the best means for controlling them. The qualitave

risk assessment carried out in the early design stages

should be reviewed and accordingly modificaons of

the tender documents be made. Definion of the

informaon requested from the tenderers in order to

Evaluate the tenderer's ability to manage risk and of

the differences in risk between the proposals made by

the different tenderers. Specificaon of requirements

in the tender document concerning the contractors

risk management acvies during execuon of the

contract. For Risk management during Construcon

The owner must connue to perform risk assessment

for risks that are the owners responsibility and are not

covered by the contractor. This could be contractual

risks, including contractual aspects of technical risks

idenfied by the contractor. Of primary concern are

risks related to economic loss to the owner, or delay.

Migaon acons should be idenfied and


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implemented by the owner, but some migaon

measures may be handed over to the contractor for

implementaon. The owner should encourage and

monitor the contractors risk management. The

owner, or the joint risk management team, is advised

to look out for pracces on site that are at variance

with the risk migaon measures that have been

agreed upon. Mr. Pathania recommended that Risk

register has to be specific to the project standard lists

and can be helpful as a checklist. Choose simple risk

classificaon methods. Risk management is a maer

of thinking. Risk management is a connuous process

(CRM) that starts at the earliest possible beginning of

the project. Contractors, designs engineers, site

supervision and experts shall (according to the project

phase) be involved in the CRM-Process.

Mr. Kaushlendra Tripathy, Director Energy Advisory,

PWC while addressing Financial Risks in Hydropower

Development and Key Migaon Measures suggested

that in India hydropower potenal of 148 GW, able to

meet demand of 85 GW at 60% load factor however,

only accounts for 15% share in India's energy mix

owing to Higher dependency on thermal generaon.

Only 41 GW of hydropower capacity has been

installed, which is only 28% of the total potenal.

Canada and Brazil had harnessed around 69% and 48%

of the economically feasible potenal back in 2009.

Hydropower can play a crucial role in India's

sustainable development and energy security. He

recommended key enablers for facilitate Investments

and financing:

Encourage Tax Free bonds & Pension Funds for

financing of hydropower projects with long tenure

and relavely low coupon rates.

Creaon of dedicated Hydro Fund / special

hydropower financing scheme.

Explore mul-lateral and green funds.

Streamlining clearances and land acquision.

Investment board/nodal agency to facilitate

private sector parcipaon in hydropower.

Fiscal Incenves: Extension of tax holiday and

exempon of import tariffs for projects with

higher capacity.

Provide Enabling Infrastructure: Devising proper

and coherent framework between central and

state agencies to sort out the impediments.

Ulizing finance from alternave sources - local

development fund, upfront premium , state

budget to the extent possible

Ownership structure: Project development model

considering who is best placed to develop –

government, private, joint

Standardised fiscal & revenue sharing policies for

selecon of technically and financially qualified

private developers

HPO: Enhance project viability by promong off-

take of electricity; enabler for higher revenue

Differenate tariffs for peak and off peak –

reimburse hydropower for contribuon to quality

of energy supplied, peak demand and grid

reliability

Develop market for Ancillary Services: Robust

commercial & regulatory mechanism to

incenvise hydro support for naonal grid (black

start, start up, reserve capacity etc.).

Power Purchase Agreement : Key features

During dry season the power will be supplied

during peak hours while throughout the day

supply during wet season

NEA obligated to purchase and off-take 100%

of the declared available energy within the

limits of agreed Contracted Energy Table

Purchase tariff to be determined through a

cost plus approach also allowing THL to earn a

reasonable return by efficiently operang the

project

Excess generaon declared over and above

the level of agreed Contracted Energy Table as

well as within the licensed and installed

capacity, to be sold at 50% of the applicable

tariff


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Knowledge Paper - Highlights

Hydropower can play a crucial role in India's

sustainable development and energy security given

that it meets the criteria of sustainability, availability,

reliability and affordability.

Regional Assessment of Hydropower development

shows that almost 75% of the total potenal for

hydropower development is concentrated in north

eastern region. However, only 34% of the total

potenal in the north eastern region has been

developed as on date. Exploitaon of the large hydro

potenal in the north-east region would contribute

significantly in meeng the country's peaking needs in

the future. The region would also benefit from the

development of associated infrastructure such as

roads, schools and electricity supply to remote areas,

which would further improve the quality of life.

Crical success factors would be:

Integrated River Basin Development and Project

Allocaon Procedure

The central government can constute an

authoritave body to improve river management,

address interstate water-sharing disputes and

conduct integrated river basin development. A

proper planning forum must be in place to bring all

the stakeholders together to reach a consensus on

the way forward.

A basin-wide study needs to be conducted under

the guidance of the Central Electricity Authority

(CEA)/Central Water Commission (CWC) to

understand the effect of one project on another

and to ensure efficient project allocaon in a river

basin. Moreover, the Ministry of Environment and

Forest (MoEF) is expected to conduct a basin-wise,

cumulave impact assessment study and idenfy

clear go/no-go areas to eliminate uncertainty.

The allocaon of hydropower sites must be done

keeping in mind the financial and technical

capacity and credibility of developers. Also, cost-

benefit analysis should be carried out with

different project allocaon models.

Power Evacuaon and Associated infrastructure

The Ministry of Power and the Ministry of Finance,

Highlights of the Knowledge Paper


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Government of India, may allocate funds for the

construcon of a dedicated transmission corridor

for hydropower (e.g. Green Energy Corridor) to

evacuate the hydropower generated from remote

areas.

The state governments should make provisions for

building pooling substaons in locaons having a

large concentraon of hydro resources to help

developers reduce the project cost on account of

last mile connecvity.

Other associated infrastructure needs to be

developed to facilitate project implementaon in

a cost-effecve manner. The development of such

associated infrastructure has spurred economic

acvies, and the state government must parally

bear the costs of development. The state

governments must effecvely channelise local

development funds, upfront premium, etc.,

received from developers to invest in such

associated infrastructure.

The integrated river basin plan, along with a

transmission system master plan, can help in the

opmum ulisaon of transmission infrastructure

and prohibit delays in commissioning of plants.

Fiscal Incenves

Adequate fiscal incenves in terms of Tax Holiday,

Value Added Tax (VAT) exempon, and exempon

of custom duty should be allowed by the

government to help in reducing the project cost

and securing a cheaper source of finance.

The lender consorum may also provide interest

rebates on long-term loans dur ing the

construcon and early years of operaon to help

developers in generang sufficient revenue for

meeng their repayment obligaons. Similarly, a

provision of higher depreciaon in the early years

of operaon can also be allowed for hydro

developers to serve their requirement of higher

upfront cost efficiently.

New Financing Avenues

Capital markets need to be deepened to help

provide long-term debt financing given the

capital-intensive nature and high gestaon

periods of hydropower projects. Iniaves such as

the seng up of the India Infrastructure Finance

Company Limited (IIFCL) for infrastructure lending

have been taken. The government of India also

needs to encourage suitable innovave products

(e .g . tax-exempt bonds focused on the

hydropower sector).

Viability Gap Funding (VGF) can also be a viable

proposal to make hydropower projects price

compeve. For new projects, the government

may consider floang tenders and allocang

projects to developers with the lowest VGF

proposal.

Considering the importance of hydropower in the

country's energy basket and its capital intensive

nature, hydropower projects need specialised and

dedicated funds to secure their long-term

financing. The Government of India may create a

special hydropower development fund or can use

the clean energy fund to provide loans to hydro

projects at a lower rate of interest.

Hydropower developers can also opt for

mullateral funding and financing from green

funds provided there is a viable business case and

an appropriate risk migaon plan.

Streamlining of land acquision process and other

approvals

The state government, in consultaon with the

central government, may develop appropriate

procedures to expedite various clearances, such

as those for the environment, forest and land. It

can also form a specialized instuon for

facilitang large infrastructure projects in terms of

clearances and approvals, thereby minimising the

me taken for these processes. In addion,

specific melines for all statutory and non-

statutory clearances for a project at both the

central and state levels need to be fixed, along

with accountability for delays.

The government on the other hand can also

complete all predevelopment acvies (e.g. land


CONFERENCE REPORT

acquision) and statutory clearances (e.g.

environment and forest) for idenfied priority

projects which are in line with the procedure for

Ultra Mega Power Projects (UMPP) developed

through the Power Finance Corporaon (PFC)

before allocang them to developers.

The government should also provide all available

data for the land records in advance, which will

help the developer with project preparaon and

also facilitate the project financing process. In

addion, the government can form a lender

consorum to validate the available data of

different hydropower sites and review the

financial viability of a project at the detailed

project report (DPR) preparaon stage. This will

assist in beer preparaon of bankable DPRs to be

shared with financial instuons, as, once

prepared, it is very me-consuming to collect and

present raw data again to sasfy the financier.

Market Instruments:

With its strong regulatory oversight, CERC should

faci l itate market-based instruments l ike

hydropower purchase obligaons (HPOs), which

have an underlying principle of mandatory

purchase of hydropower by distribuon ulies.

Such HPOs provide assurance to developers by

guaranteeing the purchase of electricity and make

projects much more financially viable.

Tariff comparison needs to be done on the basis of

the quality of the energy supplied, reflected by the

posion hydropower occupies in the load

duraon curve. CERC needs to come up with a

differenated peak and off-peak tariff to

incenvize hydropower, given its potenal to

meet peak demand.

Hydropower plants are generally beer placed to

provide ancillary services to the grid and offer

beer system reliability. The implementaon of

the ancillary service market must be guided by an

efficient commercial mechanism based on an

enabling regulatory framework to encourage the

generaon of plants for maintaining grid

reliability. It will also help hydropower plants to

monese their capabilies to provide reacve

power compensaon, voltage stabilisaon, etc.,

given a plant's ability to ramp-up and ramp-down

in a very short me.

Benefit sharing framework

Hydropower dams oen help regulate river flows and

operate by storing volumes of floodwater and

controlling the ming of discharge. However, there is a

need to set storage rule curves to balance the

drawdown levels prior to the flood season, prevent or

minimise spill and maintain maximum hydraulic head

for hydro generaon for more effecve use of dams for

flood control. Other uses of hydropower dams, which

provides social and environmental benefits, include

Recreaon, Navigaon and Fish Breeding, Irrigaon,

Water Supply, Hydropower and Flood control.

The benefits of a hydropower development project

come at the cost of negave impacts on natural

resource developments. Hence, benefit-sharing

mechanisms and migaon measures play a key role in

addressing the social and environmental risks

associated with hydropower development. An

appropriate benefit sharing mechanism leads to social

stability and helps a country's naonal strategy to

meet various local needs.

Social and environmental impact assessments

need to be given due importance instead of

treang them as mere legal formalies.

Involvement of project affected persons (PAPs)

and joint consultaon processes between the

developer, government and PAPs need to be

carried out to eradicate differences and get legal

and social consent. Such involvement and joint

consultaon processes are necessary to address

immediate problems and legimise decisions.

As a part of economic and social development of

the area, developers need to be mandated to

open technical training centres, clinics and health

centres, schools, etc., in the project affected area.

This will help developers gain public acceptance


CONFERENCE REPORT

and get skilled labour, while local residents get

employment opportunies.

A structured mechanism needs to be developed

for balancing benefits from hydropower projects

and transferring economic rents from projects to

the government, which should ulmately be

passed on to affected stakeholders.

Case Studies

1. Critical Role of Hydro energy in restoring system after power failure

Poland : The Polish Zarnowiec hydropower plant's contribution to system stabilityThe exible units of Zarnowiec, Poland's largest hydropower plant with 716 MW capacity, play an important role in ensuring stability in the national electricity system

· Flexibility to cope with the fast activation and disconnection of units, and covering a sudden power drop or increase in

the system· Control of reactive power ow in the system (voltage regulation and reactive power control)· Establishment of rotating reserve by means of second power controlling (primary control) and minute power controlling

(secondary control)

Zarnowiec therefore, played an important role in managing the European blackout of 4 November 2006. Activating pumps

helped to stabilise the frequency and voltage and restore the system after power failure.

2. Investment Facilitation: Fiscal Incentives

Brazil : Change of policy to facilitate private investment In the 1990s, Brazil moved to a free-market model by awarding

hydropower generation concessions on a highest rent basis. However, to encourage improved security of supply and attract

more private investment from 2004, hydro concessions began to be awarded based on the lowest tariff offered. Brazil has used this system even for some very large (>3,000 MW) sites. The Brazilian authority emphasised limiting risks substantially for developers in order to make this model attractive to them. Some of the key initiatives towards achieving this objective included pre-specifying projects in great detail, providing payment surety for developers and arranging finance from the

Brazilian Development Bank.

Philippines: The 345-MW San Roque Multipurpose Project in the Philippines was to be financed by public funds. However, it was eventually developed through the public private partnership (PPP) route with the 'split ownership model'. The dam was built at a cost of 610 million USD and was financed by the Government of Philippines using a bilateral soft loan and domestic

funds. On the other side, the power complex costing 580 million USD was financed on a 75:25 debt-equity ratio, with 52% of

the total cost derived from export credits and the rest of the debt as loans from the Japanese government and commercial

banks. The utility payment obligations were backed by sovereign guarantees. The construction was the responsibility of the private partner to mitigate conicts during the development stage. This model allowed burden sharing between the private and public sectors, and also allowed the Government of Philippines to operate the dam according to its irrigation

requirements.

3. Technical Capacity Augmentation

Democratic Republic of Congo: The Nseke Hydroelectric Power Plant, the Democratic Republic of the Congo, was

commissioned in the 1950s and has been operating at reduced capacities. The utility decided to rehabilitate four 65-MW

Francis turbines with challenges associated with its control system. A new control system, a supervisory control and data

acquisition (SCADA) product with a modern automation level, replaced the old system based on the electromechanical relays logic with control panels, thus improving plant control and performance monitoring with more real-time decision-making enablers.

Georgia: Flexibility, technical knowledge and expertise proved crucial in the successful implementation of the 53-MW

Mtkvari hydropower project in Georgia. Initially, the developers decided to adopt the conventional method and a 400-m tunnel was excavated. However, the low efficiency of the method prompted the decision makers to engage a 6-m diameter tunnel boring machine (TBM), which can excavate at a rate of 400 m/month.


CONFERENCE REPORT

IMPORTANCE OF HYDROPOWER DEVELOPMENT

Need to Create Awareness amongst Masses to get Social Acceptance

Hydropower can play a crucial role in India's sustainable development and energy security given that it meets the

criteria of sustainability, availability, reliability and affordability. Hydropower has clear edge over other sources of

power generaon. If not controlled or regulated, clean/potable water will end up into Ocean/Sea without fruiul use.

Cleanest Source of Energy: It is environmentally benign and non-pollung source of power and has negligible

greenhouse gas emission compared to other convenonal modes of power generaon. Hydropower projects emit

169 gCO2 equivalent compared to the 2,010 gCO2 equivalent and 443 gCO2 equivalent released by coal-based and

gas based power plants respecvely.

Drought Management and Irrigaon: Hydropower projects preserve soil ferlity as sediment flow is regulated,

helps increase agricultural producvity and replenish ground water discharge.

Safety and Flood Control: Dams are designed to absorb seismic forces under extreme condion and are therefore

safe. It helps regulate river flows and operate by storing volumes of floodwater. Dams in upstream reduce fury of

floods in downstream areas e.g. importance of Tehri Hydro Power Plant that saved Haridwar and Rishikesh regions

post Alkhananda floods

Water Security: Hydropower projects maintain sustained adequate supply of water flow in river streams even in

lean periods for use by locals and for irrigaon purposes.

Black Start Capability: Hydropower plants have the ability to run at a zero load, which means it does not need any

outside source of power to start. This allows system operators to provide auxiliary power to other generaon

sources (e.g. Thermal) that could take hours or even days to start.

Quick-start capability, taking just a few minutes— compared to 30 minutes for other turbines, and hours for steam

generaon. Savings in start-up and shutdown costs of thermal plants and steadier operaons

Peak Saver Asset: The ability of hydropower plants to quickly change their output helps them to serve peak

demand. Hydropower peak load factor is @ 50% as against 16-20% in solar and wind energy.

Low Operang Costs: Hydropower plants have a low operang cost—almost half that of thermal power plants.

Long Economic Life: The plant life of hydropower projects is normally in the range of 40–50 years. In fact, their

operang life can be increased to 100 years through mely renovaon, which also helps in higher revenue

generaon for investors.

Reliable Grid Support: Given its large inera, hydropower provides transient stability to the grid. Ensures quality

Power Supply.

Voltage Support - ability to control reacve power, thereby ensuring that power will flow from generaon to load

Support for variable generaon of renewable energy (RE sources): The storage capabilies of many hydropower

plants make them a perfect instrument for opmising the use of variable RE sources over both shorter and longer

periods. Hydro power plants are ideally suitable for balancing of renewables.

Spinning Reserves: It helps preservaon of biodiversity and other sources of livelihood for the local community. It

helps provide conducive habitat for aracng migratory birds and fish breeding in the area, creang addional

tourism potenal.


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CONFERENCE RECOMEMNDATIONS

1. In order to aract Private Sector parcipaon in Creaon of an enabling Infrastructure Government should

consider Infrastructure Development Compensatory Allowance

The Government of India/ State Governments has limited resources to develop infrastructure. Since the

provision of an enabling infrastructure is imperave to achieve the plan growth target, private sector parcipaon

by way of investments could be invited for the development of infrastructure in economically viable projects.

Compensaon can be made to private sector or through tax breaks to the extent of investments/ financial outlay of

the projects or through tax exempon from future income streams emanang from the infrastructural projects

financed by them. Investments in such projects could be deemed as ‘Advance Payment of Taxes’ (implying a

deferred payment on part of the Government to Private investor).

This would encourage private sector to provide linkages from producon centers to ports, airports, highways,

irrigaon dams etc. through development of physical infrastructure. The facilies could be shared by other

companies as well, on payment of ulity charges. (e.g Commercial exploitaon of land adjacent to highways).

2. Land Acquision - People-Public-Private Partnership Model for investments

Infrastructure is one of the determining force behind the sustainability of India’s growth and compeveness – and

more important is the meliness of the infrastructure assets. The long gestaon periods add to high costs of creang

the infrastructure and reduce the overall socio-economic paybacks.

The Public-Private People Partnership model provides a symbioc mechanism for “Land Acquision” for infrastructure

development.

A ‘Company’ should be formed and registered priori for building and operang the said infrastructure.

The primary role of the government should be to acquire land at market prices for use by the company and

provide environmental clearance.

The ‘Company’ should pay for this land. However, to prevent any misuse, the ownership and control of this

land should vest with the Government.

In return of these services, the Government would be aided in terms of shares of the company. This would be

the public-sector holding in the company. Although a part of the ownership of the company rests with the

Government, the operaons should be professionalised.

In addion to the cost of the land acquired, the original land-owners should also be compensated in terms of

shares of the company. Will ensure jusfying long lasng returns to project affected people.

As is the pracce in any company, the share holders (both original land owner and the Government) should be

paid dividends.

There should be a me-bound land acquision system and an appellate authority should be created to ensure

just and effecve implementaon of land acquision within a spulated me-frame which will be legally

binding.

This mechanism would not only ensure fairness, but also gain for the project the acceptance of the local people and

local governing bodies, thus movang them to parcipate in the process of infrastructure projects and hydropower

projects. This strategy ensures two-fold source of revenue to the Government - direct tax (income and corporate)

received from the company and dividend on the shares.

Other provisions to address Local agitaon:

Create awareness amongst locals about derived benefits they would accrue from the development of

hydropower projects namely, safety from flash floods, water security, provision of infrastructure like roads,

housing, medical and educaonal facilies and an addional revenue stream arising from businesses like

fisheries, tourism etc.


CONFERENCE REPORT

To address the concerns of loss of livelihood of project affected families, concrete steps need to be taken e.g.

Providing employment to the extent possible and monthly subsistence allowance for periods varying up to 35

years to provide connual income.

Opons of equity holding in exchange of land (with a cap of say 2% of total equity); can be promoted which

guarantees long lasng returns (in the form of dividends) and aligns interests of communies towards success

of the project.

Benefit–sharing is a commitment by the government and the developer to share monetary and non-monetary

returns with stakeholders. Appropriate benefit-sharing mechanism can ensure social stability. Involvement of

project affected persons in joint consultaon between developer, government could help smoothen out

differences and get legal and social consent. Opmal balance should be sought in respect of revenue sharing,

local development funds, ownership structure, taxaon levels and preferenal electricity rates.

3. Hydro projects regardless of capacity should be treated as ‘Renewables’ and extended all benefits as applicable for

renewable projects.

4. Foster Larger Storage Projects instead of several Run on River projects to ensure water security in the country.

Policy guidelines, for development of Pumped Storage Schemes need to be framed to integrate large scale renewable

capacity addion proposed from Wind and Solar.

5. Tariff comparison needs to be done on the basis of quality of the energy supplied, reflected by the posion

hydropower occupies in the load duraon curve. CERC needs to come up with a differenated peak and off-peak tariff

to incenvize hydropower, given its potenal to meet peak demand.

6. Taxaon: Cascading taxes constute 15-25% of overall project cost. Government may consider offering:

Restoraon of exempon of tax for interest income of FIs. Benefits u/s 10(23)g of IT Act, 1961 to Hydro Power

Projects allowed exempon of tax on the interest income earned by FIs from Infrastructure projects, were

withdrawn. Restoraon of such benefits would enable FIs to finance Hydro Projects at lower interest rate.

Secon 80I (A) of the Income Tax Act, 1956, provided tax holiday on the income generated from Power

Projects. This is limited unl 2017. Instead, this should be made applicable for 15 years for all Hydro Power

projects including under implementaon Projects too. Tax credits in the US and tax holidays in Laos, have

helped streamline flow of investments.

Government withdrew benefits associated with Mega Power status in 2012. These included VAT and custom

duty exempon on import of capital equipment; deemed export benefits accorded as per the EXIM Policy and

exempon of sales tax and other local levies on supplies to Mega power Plants by the State Governments.

Industry requests re-introducon of Mega Power Benefits for Hydro Projects.

Waiver/ reducon in Advalorem Charges/Tax (LADF, Entry Tax, Labour Cess, Excise Duty, Work Charge Tax, CST,

etc.) in respect of project equipment (construcon, E&M, HM), steel, cement, etc. required for development

of Hydropower projects.

Service tax exempon to services used in relaon to Hydro Power Projects shall significantly reduce project

cost and consequent reducon in tariff to compeve levels.

Government may consider zero rang for electricity under the GST regime.

7. Financing

State Government is to be provided 12% of free power as royalty from any hydropower Project to be

developed in the State. The State Governments may however, consider deferment of free power share for at

least inial years of repayment of loan period since project developers face maximum repayment strains in the

inial years of loan sancon. As such State Governments would benefit through infrastructure development,

in addion to assured 12% free power, though at a deferred date. Developers will be able to receive cheaper

finance.


CONFERENCE REPORT


CONFERENCE REPORT

Addionally for North East states, beneficiary quota of power from each Hydro project should be fixed so that

PPA can be signed with NE states on CERC norms.

Although, Opon of geng the tariff determined by the appropriate commission on the basis of performance

based cost of service regulaons has been extended up to December 31, 2022, However Private players are in

distress due to disparity of the State Discoms. While DISCOMS have an obligaon to sign PPA with PSUs, they

are reluctant to sign PPAs with Private Players. Level playing field should be provided to all hydro power

generators irrespecve whether the generator is PSU or Private.

Review and revise financing policies for hydro projects to provide a longer tenure debt to hydro period (25 -30

years). Financial Structuring to reduce the weighted average cost of capital for compeve tariff, it is

suggested that Debt: Equity (80:20) with mandatory incurrence of equity poron minimum of 50% before any

disbursement.

Provision of higher depreciaon in the early years of operaon, to enable hydropower developers meet their

repayment obligaons.

Majority of risks e.g. geological surprises, construcon risk, extreme terrain, hydrological risks are migated

aer Commissioning of Dam (CoD), therefore, financial instuons along with consorum lenders should

extend interest rebate on long-term loans.

Creaon of sub sectoral limit for lending to hydropower projects on priority basis by banks. The Banks should

be advised to earmark at least 40% of the total lending to power sector dedicated only for hydropower

projects.

Need to evaluate construcon period linked returns to bring all projects at par for returns. To commensurate

the riconcentraon of hydro resources to help developers reduce project cost on last mile connecvity.

sks & uncertaines, current level of RoE 16.50% needs to be made higher, to aract quality developers.

Soer interest rates should be extended to large Hydro Plants : IREDA NCEF launched a refinancing scheme for

revival of operaonal Small hydro Projects (SHP) and Biomass Project which have been affected by low tariff,

low PLF levels or force majure condions. To make these projects viable & bankable, IREDA shall extend loans

(funds sourced from NCEF), to extent of INR 150 MM for each project or 30% of loans of the project to Banks

(exisng lenders of these projects) at interest rate @ 2% p.a which these banks shall on lend to such power

projects @ 2% p.a. Such schemes should also cover projects under implementaon with larger funding

amounts so as to reduce the IDC thereby making the tariffs of HEPs more compeve.

9. New Financing Avenues

Viability Gap Funding is a viable proposal to make hydropower projects price compeve. For new projects,

the government may consider floang tenders and allocang projects to developers with the lowest VGF

proposal.

Innovave financial products: Encourage Tax-Free Bonds, Pension Funds to channelize long-term funding for

hydro sector. Mul-lateral and green funding for hydro projects can also be explored.

Time of Day Meetering: Hydroelectric power is a very important source for peaking power. Time of the day

tariff concept should be introduced to purchase peak power from hydro projects at higher rates than base load

power. ToD should be implemented as proposed in Tariff Policy 2016.

Hydropower Purchase Obligaons (HPOs): There should be separate HPO, an underlying principle of

mandatory purchase of hydropower by distribuon ulies. On the lines of renewable energy wherein 5 – 8 %

power needs to be met from renewable sources, minimum 10 – 15% of power may be sourced from large

Hydro Power Plants. Key features to include:

Dry season - power to be supplied during peak hours while through the day in the wet season

NEA obligated to purchase and off-take 100% of the declared available energy within the limits of agreed

Contracted Energy Table. Purchase tariff to be determined through a cost plus approach

Excess generaon declared over and above the level of agreed Contracted Energy Table, to be sold at 50%

of the applicable tariff.

The purchaser of power should take into account that the PPA signed now, will be applicable for purchase of power aer

10 years hence, and the current tariff may be the most compeve price, then.

Investment board/nodal agency to facilitate private sector parcipaon in hydropower. Hydropower

Commission as a Nodal Agency could be established to opmize clearances and sancons to hydro projects

and facilitate private sector parcipaon in hydropower. Central Electricity Authority, Central Water

Commission, Environment Ministry, State Government, Ministry of Power, Ministry of Water Resources, could

be nominated on this Commission.

Government may create special hydropower financing schemes eg. accelerated generaon and supply

programme to state ulies, providing loans to power ulies at a reduced rate of interests.

Free Power to Downstream State: Some poron of free power royalty should be given to immediate

Downstream State, if no other tangible benefits like irrigaon are happening to it.

10. Streamlining of land acquision process: The Land acquision procedure for Hydro projects should be in line with

the one applicable for road projects of Naonal importance as per NHAI Act.

The government should complete pre-development acvies (e.g. land acquision) and statutory clearances

(e.g. environment and forest) for idenfied priority projects which are in line with the procedure for Ultra

Mega Power Projects (UMPP) before allocang them to developers.

The government should provide land record data and form a lender consorum to validate the available data

of different hydropower sites, review financial viability of a project, at Detailed Project Report (DPR)

preparaon stage. This will assist in preparaon of bankable DPRs to be shared with financial instuons

11. Environment and Forest Clearances

Revision in project parameters like E-Flows, project levels, based on Basin Study reports, aer the projects are

cleared by CEA & accorded Environment Clearance by MoEF & CC, makes the project unviable. Revisions

necessitate DPR revision & re-appraisal by CEA. E-Flows should be firmed up on the basis of scienfic studies

and should not be imposed at random. The dra of basin study report should be shared with concerned

project developers before finalizaon.

12. Integrated River Basin Development and Project Allocaon Procedure

The Central government can constute an authoritave body, River Basin Reservoir Regulatory Authority, to

address interstate water-sharing disputes and conduct integrated river basin development and prohibit delays

in commissioning of plants.

13. Power Evacuaon and Associated infrastructure

The Ministry of Power and the Ministry of Finance, Government of India, may allocate funds for the

construcon of a dedicated transmission corridor for hydropower (Green Energy Corridor) to evacuate the

hydropower generated from remote areas.

The state governments should make provision for building pooling substaons in locaons having a large


CONFERENCE REPORT

Shri Shyam D. Dubey Member (Hydro) CEA 8527243555 / [email protected]

08527243445

Shri M.M. Madan CEO – Hydro Jindal Power 9971814445 [email protected]

Shri A.B. Giri Member Board International Hydropower 9910460505 [email protected]

Association

Shri K.C. Dhimole Tech Advisor to CM Govt of Arunachal 9971071335 [email protected]

Shri Anand Behari Agarwal ED(HR) NHPC 9717766381 [email protected]

Shri Asim Thakurta Chief – Corporate Projects Tata Power 9711207681 [email protected]

Shri Gyanbhadra Kumar Head – Hydro JSW Energy 8894055500 [email protected]

Shri Kapil Mantri Head (Corp.Strat. & BD) JSPL 9871719255 [email protected]

Shri Rahul Varshney Director – BD Straftkraft Ltd. 9958691225 [email protected]

Shri Vibhash Pathania Representing THDC 9719653930 [email protected]

Shri Rajeev Vishnoi GM

Shri Kaushlendra Tripathi Director – Energy Advisory PWC 9560885956 [email protected]

Shri A.B. Pandya Former Chairman Central Water Commission 9910264141 [email protected]

Shri Satish Kumar Sharma VP Engg HCC 9820425386 [email protected]

Shri D.P. Bhargava Former Director (Tech) Retd. NHPC 9958833995 [email protected]

Shri P. K. Gupta GM (Geo-Tech) NHPC 9958010624

Shri D.P. Goyal Director Jaiprakash Power Ventures 9910067370 / [email protected]

0120-4972324

Shri Rohit Uberoi VP & Head of Design & Engg. Voith Hydro Pvt. Ltd. 9910039610 [email protected]

Shri Milon Mukhopadhyay MD Normet India Pvt. Ltd. 8130197200 [email protected]

Dr. D A. Karandikar Head – Coating Plant Andritz 9873903669 [email protected]

Shri K.K. Singh Reg. Exe Director (Hydro) NTPC Ltd. 9650998871 [email protected]

Shri Maninder Singh Director International Coil Ltd. [email protected]

Name Designation Organization Contact Email

Shri Sandeep Jajodia Sr Vice President ASSOCHAM [email protected]

Shri Sujit Ghosh Partner & National Head Advaita Legal [email protected]

Shri Naveen Jindal CMD JSPL [email protected]

Shri K.M. Singh CMD NHPC [email protected]

Shri Sigvald T. Hauge Charge-d’ Affaires Embassy of Norway [email protected]

Sr. MC Member

Smt Shakuntala D.Gamlin,IAS Chief Secretary Govt of Arunachal [email protected]

Shri B P Pandey Addl Secretary Min. of Power [email protected]

Shri Kalikho Pul Hon. CM Govt. of Arunachal Pradesh [email protected]

Shri Shrirang Karandikar Chairman ASSOCHAM National [email protected]

Council on Power

Name Desig Company Contact Email

Mr. Dhiraj Kumar Fanish Manager ABB India Limited 9971508282 [email protected]

Mr. Manish Gupta Manager ABB India Limited 9971450003 [email protected]

Mr. Sai Krishna Seela Managing Director AF Consult India Pvt. Ltd. 9810126730 [email protected]

Mr. Hari S. Saxena Vice President AF Consult India Pvt. Ltd. 9582174680 [email protected]

Mr. Nikesh Ranjan Principle Engineer AF Consult India Pvt. Ltd. 9971965874 [email protected]

Ms. Preeti Malhotra Senior Specialist- ALSTOM India Limited 9717776629 [email protected]

Government Relations

Mr. O.P. Ajmera CEO Bhilwara Energy Ltd 9717766756 [email protected]

Mr. Jainender Kardam DGM Bhilwara Energy Ltd 9810599955 [email protected]

Mr. M.S. Gusain CESC Projects Ltd. 9810197358 [email protected]

(RP Sanjiv Goenka Group)

Mr. N.D. Arora CESC Projects Ltd. 9810319977 [email protected]

(RP Sanjiv Goenka Group)

Mr. R.K. Khanna Former Chief Engineer Central Water Commission 9811757497 [email protected]

(Environ. Mgnt.)

Mr. Arun Bhalla Executive Director - CPP Dalmia Bharat Cement 9910171715 [email protected]

Mr. Anjani Mallik Chief Engineer - Hydel Damodar Valley Corporation

Mr. S.K. Gupta Dy. Chief Engineer - Hydel Damodar Valley Corporation 9431319459 [email protected]

Mr. S.B. Pandey Dy. Chief Engineer - Hydel Damodar Valley Corporation

Mr. S.K. Majhi SE (Civil) Damodar Valley Corporation

Mr. R.K. Chaubey Chief safety Officer Damodar Valley Corporation 943354693 [email protected]

Mr. Subhash Chander Mittal Managing Director DMR Hydro Engg. &

Infrastructures (P) Ltd.

Mr. Jaikumar Dakhane Manager DMR Hydro Engg. &

Infrastructures (P) Ltd.

Mr. Surendra Sharma Dy. GM, Construction Elkem South Asia Pvt. Ltd. 9867736845 [email protected]

Mr. Saurabh Aggarwal Key Project Manager Elkem South Asia Pvt. Ltd. 9466510484 [email protected]

(Construction)

Mr. Alexander Karyukin Counsellor Finance Embassy of Russia 9650944256 [email protected]

[email protected]

Mr. Kshitij Mathur Sr. Engineer (Sales & Mktg.) Flovel Energy Pvt. Ltd. 9873558029 [email protected]

Mr. Ranjan Chauhan Sr. Global & Key GE India Indl. Pvt. Ltd. 9811210954 [email protected]

Accounts Manager [email protected]


CONFERENCE REPORT

PARTICIPANTS


CONFERENCE REPORT


Mr. Y. Mara Chief Engineer & Govt. of Arunachal Pradesh

Member Secretary

Mr. Manoj Kumar Verma Associate Manager GMR Energy Limited 8527700227 [email protected].

Mr. Rajesh Mediratta India Energy Exchange

Mr. A.K. Nanda Country Head – BD Innogeo 9717936346 [email protected]

Mr. Manjeet Pugalia Sr. Business Analyst International Coil Limited [email protected]

Mr. Angad Arora BD Manager International Coil Limited [email protected]

Mr. Maninder Singh Nayyar Director - Sales International Coil Limited

Mr. Paramjeet Singh Director - Technical International Coil Limited

Mr. R P Sharma

Mr. Anil Dhar AVP Jindal Power Ltd 9958111258 [email protected]

Mr. Dheeraj Marwaha DGM Jindal Power Ltd 8800690206 [email protected]

Mr. Souvik Khamrui AGM Jindal Power Ltd 9971003474 [email protected]

Mr. Chatar Singh Dy. Manager Jindal Power Ltd 9899153081 [email protected]

Mr. Pawan Kumar Kohli Director JMD Power Solutions 9810008537 [email protected]

Mr. P.V.Prasad Babu Executive Director Lanco Mandakini 9650012994 [email protected]

Hydro Energy Pvt. Ltd.

Mr. Dominic Fernandes L&T Ltd. 9818370645

Mr. P.S. Dutta Gupta Director Madhya Bharat Power

Corpn. Ltd.

Mr. Manish Verma AGM- North, Central Metropolis [email protected]

& East India

Ms. Ruchi Handa Metropolis

Mr. D. N. Dhawan Technical Director Ministry of Communications 9810220878 [email protected]

& IT

Mr. Nishant Verma AM-BD Miyar Hydro Electric

Power Co. Ltd.

Mr. R.P. Sharma Ex, Director (Tech.) NEEPCO 9810139025 RP Sharma [email protected]

Mr. P. S. Khurana COO (Hydro) Naying DSC Power Ltd

Shri Rajeev Sachdeva Chief Enginee NHPC 9958930077 [email protected]

CMD Secretariat

Mr. Vijoy Krishna NHPC

Mr. Rajeev Kumar NHPC

PARTICIPANTS

[email protected]


Mr. Prashant Jaiswal NHPC 99911540574 [email protected]

Mr. Rakesh Kumar NHPC

Mr. Prashar Rai NHPC

Mr. V.K. Gupta Principal Director NPTI [email protected]

Mr. M V Pande Director NPTI

Mr. Nitish Kumar Singh PGDC NPTI

Mr. Aman Singh PGDC NPTI

Mr. Surojit Banerjee PGDC NPTI

Mr. Prashant Gaurav PGDC NPTI

Mr. Vivek Singh PGDC NPTI

Mr. Dinesh Kumar PGDC NPTI

Mr. Rohit Kumar PGDC NPTI

Mr. Uma Shankar PGDC NPTI

Mr. Subimal Sengupta GM-Sales & Mktg. Normet India Pvt Ltd. 9560599978 [email protected]

(Constn. Chemicals)

Ms. Neha Burman Manager - HR Normet India Pvt Ltd. 8130197209 [email protected]

Mr. Puneet Narula General Manager- Normet India Pvt Ltd. 8130662830 [email protected]

Equipment Sales & LTC

Ms. Rohini Jindal Dy Manager (Technical) Normet India Pvt Ltd. 9560966464 [email protected]

Mr Anil Agrawal (MD)Managing Director Omega Ice Hill Private Ltd.

Mr D K Singh ( V P Works) Omega Ice Hill Private Ltd. 09917933111 [email protected]

Mr. Mohit Jindal (Agm marketing) Omega Ice Hill Private Ltd. 9990435111 [email protected]

Mr. Praveen C. Baroooah Managing Director Premier Intercontinental (I) Ltd.

Mr. Padam Prakash Associate Director PricewaterhouseCoopers [email protected]

Pvt Ltd

Mr. Kunal Singhal Associate Director PricewaterhouseCoopers [email protected]

Pvt Ltd

Mr. Sourish Dasgupta Manager PricewaterhouseCoopers [email protected]

Pvt Ltd

Mr. Soham Biswas Manager PricewaterhouseCoopers 9433394054 [email protected]

Pvt Ltd

Mr. Sanchit Makhija Manager PricewaterhouseCoopers [email protected]

Pvt Ltd


CONFERENCE REPORT

PARTICIPANTS


Mr. Biswadeep Parida Senior Consultant PricewaterhouseCoopers [email protected]

Pvt Ltd

Mr. Dhirendra Goyal Senior Consultant PricewaterhouseCoopers [email protected]

Pvt Ltd

Ms. Kritika Nimesh Consultant PricewaterhouseCoopers [email protected]

Pvt Ltd

Mr. Sanjay Kumar Goyal Quantum Meruit Consultants 987152-23451 [email protected]

Mr. N.K. Gupta Rep. Raj Geotech Engg. Pvt. Ltd. 9871890032 [email protected]

Ms. Komal Luthra Manager Reliance Power Ltd 9310709087 [email protected]

Mr. Ajit Singh Associate VP-Hydro Seli Hydro Electric 844774 9868 [email protected]

Business Energy Power Co. Ltd.

Mr. P.C. Sharma President Shiga Energy Pvt. Ltd. 9810096455 [email protected]

Mr. Nukala Kishore Manager Shiga Energy Pvt. Ltd. 9873574939 [email protected]

Mr. U. Bora V P Soma Sissiri Hydro Power Ltd [email protected]

Mr. Afroz Alam Product Manager(North India) Sunil Chemical Industries 9934320355 [email protected]

Mr. S. Ramesh Brand Director Sunma Power Pvt. Ltd. 984116470

Mr. M. Viswanathan GM Projects Sunma Power Pvt. Ltd. 9944988442

Mr. K. Prabhakar Executive Director Sunma Power Pvt. Ltd. 9840392421

Mr. Vipin MitalE V P Uex Ltd. 9810357087 [email protected]

Mr. Kanwal Monga Chairman Virgo Consultants & 43588335337 [email protected],

[email protected]

Mr. Chandan Gupta Manager Voith Hydro Private Limited 8588823606 [email protected]

Mr. Amarjit Singh Makhija Manager Voith Hydro Private Limited 7827332462 [email protected]

Mr. Rajnish Nath Manager Voith Hydro Private Limited 9953488167 [email protected]

Ms. Sonia Koul Sr. Manager Voith Hydro Private Limited 9958599667 [email protected]

Mr. Shiv Kumar Manager Voith Hydro Private Limited 9650175332 [email protected]

Mr. Rajat Narang Yes Bank

Mr. L.V. Kumar Consulting Engineer Restructuring and Dev. of 9810429041 [email protected]

Water and Power Utilities

Mrs Reena Malhotra Director NT Dept of Telecom & IT GoI 9868132627 [email protected]


CONFERENCE REPORT

PARTICIPANTS

THE ASSOCIATED CHAMERS OF COMMERCE AND INDUSTRY5 Sardar Patel Marg,

Chanakyapuri New Delhi 110021Tel: 011- 46550555 Fax: 011-23017008/9

Email: [email protected], [email protected]

Organising Team:Shri M.M.Madan, CEO (Hydro and Renewables) Jindal Power and Chairman Hydro Group, ASSOCHAM’s Naonal Council on PowerKavita Sharma, Joint Director, ASSOCHAM and Shri Kalyan Mukherjee, Sr. Director, ASSOCHAM

About ASSOCHAM

ASSOCHAM, since its incepon in 1920, has a glorious history of achievements that have led the

country in recent mes on a high growth path. The Chamber has established a strong legacy and an

impeccable lineage over the years. The Chamber has not only passed the test of longevity since its

establishment in 1920, but also has proacvely evolved with the changing mes and responded to

the needs of its members to be a beacon of connuing compeveness in a professional and

dispassionate manner. The Chamber has been very closely connected with the mulfarious

developmental acvies in the country and has been the incubator of ideas. The Chamber is well

respected for its balanced and studied approach to maers pertaining to development of trade and

industry and creang facilitang environment of the idenfied sectors.

conference report and recommenndations...conference report cost opmised construcon of tunnel in...

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