GENERAL10 Sept 2026
India needs patient capital to boost small hydro projects: MNRE Secretary
India's Ministry of New and Renewable Energy says small hydro projects are getting stuck. Its Secretary, S K Sarangi, blames delays in forest, environment and right-of-way clearances, which hurt project execution. He wants long-term patient capital instead of short-term money. If you build or fund such projects, plan for slower approvals and arrange long-tenure funding before you commit.
Key Statutory Highlights
- MNRE Secretary S K Sarangi said delays in forest, environment and right-of-way clearances hurt the execution of small hydro projects.
- He called for long-term patient capital to support small hydro projects.
- Patient capital means money that stays invested for the long run rather than short-term funding.
Actionable Advice for Taxpayers / Founders:If you are planning or funding a small hydro project, review your expected timelines for forest, environment and right-of-way clearances, and discuss long-tenure funding options with your CA or advisor before committing.
Statutory Disclaimer: TaxQue Shorts are AI-assisted editorial briefs for compliance awareness. This brief has not passed every source check; confirm the original notification before acting. This does not constitute formal legal or CA counsel.
TaxQue News Desk
Share: