The big hydro push that the Union cabinet passed on the eve of the National elections announcement surely won’t help the destructive and unviable big hydro projects. Big Hydro is already highly subsidised, with no credible assessment of its massive social and environmental impacts. These costs are borne by local people and not by the project developers. The cost of destruction of rivers and fisheries are not even assessed. The increased disaster impact potential due to the project is again not even assessed.
On top of it, the hydro projects are known to increase the flood disaster risks as seen in Kerala in Aug 2018 among so many other instances. So there no case for big hydro projects getting more subsidies. If at all there is case of reducing subsidies. But even these unjustified additional subsidies are NOT going to help push the big hydro, even private sector has realised that big hydro is unviable. Govt should not continue to push big hydro with public money, we hope the people will realise the foolishness and reject them. In changing climate, putting more money on big hydro is certainly not unadvisable. The timing of the move though only strengthens the argument that big dams are essentially pushed for political economy reasons rather than their merit.
According to a report, 2018 saw massive 16% drop in tourist visits to Himachal Pradesh compared to previous year, largely due to water crisis and increasing incidents of landslides, both factors due to environmental degradation, in which hydropower madness has played big role. It is worth to mention, that the Chief Minister of Arunachal Pradesh was first person to welcome Central government decision of incentivizing the hydro projects. Continue reading “DRP News Bulletin 11 March 2019: New Subsidies won’t Help Unviable Big Hydro; Timing Shows Big Dams Pushed for Political Economy”