Hydro power as alternative energy source

摘要

Analysis of the tariffs of some of the country's largest and new hydro stations reveal that they generate electricity at a cost much higher than most thermal plants. In most cases, hydro power has become expensive due to geological surprises and the consequent rise in capital expenditure. Environmental issues have also resulted in cost escalation of many hydro projects. Since developers are allowed to recover extra cost incurred on implementation of these projects under the prevailing dispensation, consumers have to bear the burden of cost escalation.