(Feature Image: Lower Subansiri HEP dam. Source: PIB, June 2023)
An interesting study reported this week reveals Big Dams are costly gambles and explains why this is so. In fact, the explanations go on to reveal that this is by design, the costs are systematically under estimated and benefits are exaggerated, so the dams fail to provide the promised benefits. So Big Dams are actually not gambles, but frauds. They get away with all this due to lack of transparency and accountability in the governance, the study reveals.
For those following the global debate on big dams over the decades know that there is nothing new here. A number of studies earlier exposed all this, including the Independent Review of the Sardar Sarovar Project instituted by the World Bank, the World Commission on Dams report, the India Country study done for WCD, among others.
Continue reading “DRP NB 041124: Study says Big Dams are costly gambles or frauds?”