Why hydel-power companies in Arunachal Pradesh want NHPC to take over their projects (and why it won’t)

In a delicious twist of fate, a cluster of private companies that rushed headlong into Arunachal in the late 2000s to build hydel power projects are now, in a turnaround, asking the public sector National Hydel Power Corporation to take over their projects. The fascinating afterlife of Arunachal Pradesh’s hydel scam.

the strange case of hpdcapl

Arunachal Pradesh, the epicentre of hydel power in India, has decided to reverse its contentious decision in 2009 to give 49% equity in its hydro-power corporation to the Naveen Jindal Group. The decision, taken last month, came after a backlash from government departments and other companies having hydel projects in the state against the joint […]

the hydel contrarian

Which power-generation company with operations in India delivered the best returns in a post-Lehman Brothers world? That distinction does not belong to sector heavyweights such as Tata Power, Reliance Power, NTPC or Suzlon Energy. A little-known, 260-crore company, operating primarily in the clean energy space, has left these powerhouses trailing on shareholder returns since January […]

on arunachal’s egregious hydel plans

between december and now, i worked on a set of stories about the hydel projects coming up in arunachal pradesh. between 2006-09, this state in north-eastern india signed 130 MoUs with about 55 companies allocating them places where they could build dams. several things about these MoUs were surprising. these MoUs translated into 130 dams […]