The government imports hydropower from Bhutan and Nepal.
In order to reach its green energy targets, India has lately increased the amount of hydropower it buys from Nepal and Bhutan under its extended renewable energy import program. In order to allow Indian enterprises to count hydropower imports toward their renewable quotas, the Indian Ministry of Power modified its Hydropower Purchase Obligation (HPO) rules to include hydropower from nearby nations.
With Nepal aiming for 28 GW over the next ten years and Bhutan aiming for 20 GW by 2040, this policy change is anticipated to create new opportunities for both countries looking for investments to expand their hydropower capacities Kathmandu Post Global Flow Control.
Hydropower companies in Nepal and Bhutan are already working with Indian energy behemoths like Tata Power and Adani Group to create projects that will provide electricity to India’s.
