Dallas, TX -- (ReleaseWire) -- 03/04/2014 -- Power is a key component of economic development. The availability of cheap, abundant and regular power supply is essential for smooth functioning of all economic activities.
The North East region is the least developed in the sector, both in terms of absolute numbers and in proportion to other regions of India. The report elucidates the identified hydro potential of India and state-wise break up of identified potential of the North East Region along with elaborating on the operational, under-construction and planned projects.
Hydro-power development in North East India, although very promising, is not short of challenges. The report elaborates on the problems faced by developers during various stages of a project - Planning stage, Designing stage, Construction stage and during Operation. It is important for concerned stakeholders to factor in these hindrances while engaging in hydro power development in the North East region. Both Central and State Governments have formulated a number of measures to address issues related to hydro power development and to accelerate the pace of development. The report spells out the policy measures and various other schemes that have been implemented to that end. Like the New Hydro Policy of 2008 is aimed to act as a catalyst in providing impetus to hydro power development of the country. The Policy seeks to balance the competing interests of various stakeholders for the sake of speedy implementation of hydro projects in the country.
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All the states in the North East region are keen on developing their hydro-potential and have identified various hydro sites. The report provides a glimpse into the viability of developing and investing in power projects across different states. A SWOT analysis of the region and ranking of states based on various parameters like hydro potential, infrastructure, business environment, geographical constraints and R&R issues has been presented in the report.
In addition to this, the report provides detailed project profiles of completed, under-construction and planned hydro projects in all the states of the North East region. The project profiles give key information like project developer, project location, cost, contractors, contact details etc.
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