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New & Renewable Energy Development Corporation of Andhra Pradesh Ltd.,

(A State Govt. Company)

(Formerly Non-Conventional Energy Development Corporation of Andhra Pradesh Ltd.,)

Financial Support

New & Renewable Energy Development Corporation of Andhra Pradesh Ltd.

Financial Support for New SHP Projects


The Ministry of New and Renewable Energy (MNRE) is encouraging setting up of Small Hydro Power (SHP) projects in the private sector, joint sector, co-operative sector and Govt. Depts., Agencies, State Electricity Boards. The Ministry will provide financial support for the new SHP projects up to 25 MW capacity. The quantum of financial support will be extended as per the following details:

S.No Category Capacity
Above 100 KW & upto 1000 KW Above 1 MW & upto 25 MW
01 Private Sector, Joint Sector, Co-operative Sector Rs.12,000 per KW Rs.1.20 crores 1st MW + Rs.20 lakhs for each additional MW
02 The Govt. Depts, Agencies, State Electricity Boards Rs.25,000 per KW Rs.2.50 crores for 1st MW + Rs.40 lakhs for each additional MW