Posted by: Kiddo February 25, 2013
How Can We Develop Our Hydro power Projects?
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Without getting the details, it is hard to come up with any plan. For us to venture into a big project, over 500MW, I think investment from outside is required. Yes, we need to have mutually beneficial contract so that we don't scare any investors away, while not being duped for years.
Once, a contract is signed, we however have to honor it. Otherwise we lose credibility, which is happening right now. If Sutlej and GMR are bad for the nation, let's follow a legal channel to stop it instead of conducting rowdy protests.

NEA already has provisions to revoke license that doesn't get implemented within 5-10 years, this has to be strictly followed. Just too many license holders are sitting idle hoping for their license price to go up. NEA has to be more proactive and given a larger authority; right now there are conflicting portfolios that interfere with NEA's activities.
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