In addition to India currently being the second most populated country in the world, economists at Goldman Sachs have listed India as one of the five BRICS countries (Brazil, Russia, India, China, and South America) projected to be most dominant economies by 2050. In spite of the rapid growth in India’s economy, there are still many serious issues affecting the majority of its people. The US Energy Information Administration reports that roughly 25% of India’s 1.2 billion people are living without access to electricity; which translates to 300 million citizens without power (EIA, 2013). Various estimates put India’s energy supply to just 90% of its demand (Singh, 2012). To counter this deficit, the government of India is encouraging both foreign and local investment in energy production, particularly from the development of small hydroelectric power (SHP) plants. The purpose of this paper is to provide a strategic analysis of SHP projects in India, primarily in the state of Himachal Pradesh. Two frameworks, Strengths, Weaknesses, Opportunities, and Threats (SWOT) and Political, Economic, Social, Technological, Legal, and Environmental (PESTLE) analyses, are used to map out factors in the macro-economic and meso-economic environment surrounding SHP development in India.
A Strategic Analysis for Small Hydro Power (SHP) Development in Himachal Pradesh, India.
Undergraduate Review, 10, 171-177.
Available at: http://vc.bridgew.edu/undergrad_rev/vol10/iss1/32
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