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flag Indian government approves Rs 12,461 crore for hydropower projects, targeting 31,350 MW capacity by FY2031-32.

flag The Indian government has approved Rs 12,461 crore ($1.62 billion) for hydropower projects, aiming for a capacity of 31,350 MW over eight years, from FY2024-25 to FY2031-32. flag The budget supports enabling infrastructure costs, with Rs 1 crore/MW for projects under 200 MW and additional support for larger projects. flag The scheme, applicable to all projects over 25 MW, seeks to enhance infrastructure, create jobs, and attract investments in remote areas.

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