The long term solution lies in creation of storage reservoirs on rivers and their tributaries with specific flood cushion by reducing the flood peaks and levels.When Felix is deposed as artistic director of the Makeshiweg Theatre Festival by his devious assistant and longtime enemy, his production of The Tempest is canceled and he is heartbroken. We should similarly plan such type of storage projects in Bihar, Uttarakhand and other states for mitigating the impact of floods. Water levels at Guwahati during floods by 1.2 m to 1.5 m. Committee estimated that this shall reduce the It recommended building flood storage capacity aggregating to 13.28 Billion Cubic Meter in Siang, Subansiri, Lohit and Dibang sub basins. The committee suggested that in order to mitigate the flood peaks in Brahmaputra, flood storage are required in the basin. To address this problem of flood in north-eastern states and the issue of flood storage needs in Brahmaputra basin, MoWR (Now Ministry of Jal Shakti) in 2013 constituted a committee consisting of representatives from various organizations. We all are aware of the problem of annual floods in the North eastern part of the country. These projects are harbinger of development in the remotest corners of the country and their impact cannot be judged by hard numbers. We as a society need to adopt a holistic approach to really appreciate the role of Dams and hydropower projects. See, in our country land is an emotional issue and require a sympathetic view. Hydropower projects often face challenges from locals due to misconceptions and often the resistance is based on trivial issues, therefore constant communication with the local population is the key. We already have built more than 5,300 large dams and not even a single case of catastrophic failure has occurred in the country. It is indeed a big irony that hydropower, the most environment-friendly and cleanest source of energy available to mankind is relentlessly opposed. What are your views on the apprehensions regarding dams and hydropower projects? Though our focus and emphasis will be on greenfield projects, we will continue to look for opportunities within IBC or outside of it if the project is technically, commercially viable and results in enhanced synergy for us. We have already acquired two projects - 500 MW Teesta-VI of LTHPL and 120 MW Rangit-IV Hydroelectric Project of Jal Power Corp in Sikkim. We consider stranded hydropower projects as a loss to nation and believe that every effort must be made to revive them. Is the company looking at acquiring any stressed assets? Besides this a lot of focus is also on the development of renewable energy especially solar power and projects with a capacity of around 5000 MW are under consideration and some of them are already in tendering stages. Similarly the much delayed 800 MW Parbati-II is in its final stages and we shall be completing this project by March 2023. We are on our way to commission two units of the project by August 2022 and rest of the units by August 2023. As of now nine projects with total installed capacity of 5,999 MW are in the construction stage. It hindered progress at our construction sites to some extent however, our teams responded quickly and we have managed to maintain good progress at all our project sites. The pandemic posed a different set of challenges for us compared to what we usually find in the implementation of projects.
View Stock Analysis » What is the status of NHPC's projects?
Stock score of NHPC Ltd is 10 on a scale of 10.
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