The Union Cabinet has cleared the Small Hydro Power (SHP) Development Scheme with an outlay of ₹2,584.60 crore covering FY 2026–27 to 2030–31.
- The scheme targets around 1,500 MW of new small hydro capacity across the country, with a focus on hilly and remote areas.
- Small hydro projects range from 1 to 25 MW and support decentralised renewable power generation.
- North Eastern and border states will receive higher financial assistance to promote balanced regional development.