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Friday, May 3, 2013

Changed landscape of hydro sector

The government increased the application fee for survey license of hydroelectric project in October 2012 aiming to curb the growing proclivity of holding licenses of projects by developers. The news that highlights the issuance of 13 new survey licenses: 

  • The Department of Electricity Development (DoED) issued 13 new survey licenses for different hydropower projects with installed capacity of 715.15 MW in the last six months.
    The licenses were extended after the department revised the survey license fee structure from a range of Rs 50,000 to Rs 200,000 in the past to Rs 1 million to Rs 6 million in October 2012.

The immediate effect of that policy change has been reflected in the number of application that come in the Department of Electricity Development (DoED).

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