New Delhi, March 18 -- The union Cabinet on Wednesday approved the 'Small Hydro Power (SHP) Development Scheme' for the period FY 2026-27 to FY 2030-31, with a total outlay of Rs.2,584.60 crore.
Announcing the decision, Information and Broadcasting Minister Ashwini Vaishnaw said the scheme aims to facilitate the installation of small hydro power projects with an estimated capacity of 1,500 MW across the country.
"The scheme will accelerate the development of small hydro projects, particularly in remote and hilly regions, while contributing to India's clean energy goals," Vaishnav said, adding that it would also generate employment and promote investment in rural areas.
The scheme targets projects with capacities ranging from 1 MW to 25 M...