The Union Cabinet has approved ₹12,461 crore for developing 31,350 MW of hydropower projects as part of its goal to achieve 500 GW of renewable energy by 2030. The scheme, effective from FY25 to FY32, includes funding for essential infrastructure such as roads, transmission lines, ropeways, and communication networks. It encompasses hydro projects above 25 MW, including those by private sectors, and supports 15,000 MW of pumped storage projects (PSPs).


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01-2026

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