Press Release

1–10 MW Capacity Segment to Witness Significant Growth in India Small Hydropower Market During Forecast Period

Increasing investments in hydropower projects in response to climate change to drive the growth of India small hydropower market

According to TechSci Research report, India Small Hydropower Market By Type, By Components, By Capacity, By Region, Competition, Forecast & Opportunities, 2025 the India small hydropower market is expected to grow at a steady rate through 2025 owing to the increasing electricity consumption and rising demand for off grid power supply in the country. Additionally, the financial incentives and assistance in the form of low-interest loans, grants, renewable purchase obligations and feeding tariffs are further propelling the market in the region. However, unstable supply as the energy generated depends on seasonal highs and lows can hamper the growth of market during forecast period.

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The India small hydropower market is segmented based on type, component, capacity, company and regional distribution. Based on component, the market can be fragmented into electromechanical equipment, electric infrastructure and civil works. The civil works segment is expected to dominate the market during the next five years. This can be ascribed to the fact that in order to guide the water on to turbines and to increase the water head, civil structures such as weirs are constructed. These simple public structures are cheaper than those in large hydropower plants, but they constitute a large share of the total project cost in small hydropower plants. Based on capacity, the market can be bifurcated into Up to 1 MW and 1–10 MW. The 1-10 MW capacity segment is expected to register significant growth during forecast period owing to the small-scale decentralized projects being deployed in the country for rural electrification.

Bharat Heavy Electricals Limited, FLOVEL Energy Private Limited, B Fouress Ltd, Toshiba India Private Limited, Siemens India, ANDRITZ Hydro Pvt. Ltd., HNAC Technology Co Ltd, Hitachi Mitsubishi Hydro Corporation, Him Urja Private Limited, Vindhyachal Hydro Power Pvt. Ltd. and others are some of the leading players operating in India small hydropower market. The companies operating in the market are using organic strategies such as product launches, mergers and collaborations to boost their share.

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“India small hydropower market is projected to witness significant growth during the forecast period owing to the increasing investments in rural electrification and off-grid energy generation. Additionally, favorable government policies and government subsidies, tax benefits & incentives are further propelling the market in the country.” said Mr. Karan Chechi, Research Director with TechSci Research, a research based global management consulting firm.

India Small Hydropower Market By Type, By Components, By Capacity, By Region, Competition, Forecast & Opportunities, 2025 has evaluated the future growth potential of India small hydropower market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges and opportunities in India small hydropower market.


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India Small Hydropower Market Segmented By Capacity (Up to 1 MW and 1–10 MW), By Type (Micro Hydropower and Mini Hydropower), By Components (Electromechanical Equipment, Electric infrastructure and Civil Works), By Region, and By Competition,

Power | Nov, 2023

India Small Hydropower Market was valued at USD 210.57 million in 2023 and is anticipated to project robust growth in the forecast period with a CAGR of 2.09% through 2029.

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