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Insurance to cost more for hydro, RE power projects
Mint Kolkata
|May 10, 2025
Already, hydro and green energy projects in the border states are under high alert amid increased security
Insurance premiums for renewable energy and hydro power projects are likely to increase amid escalating tensions between India and Pakistan, raising the overall cost of these projects.
Several solar and wind projects that are not covered against war or conflict are looking at getting additional coverage, said an executive with a renewable energy company. This hike in premium is expected against the backdrop of increased aerial activity, with attempted missile attacks and shelling in parts of Punjab, Rajasthan; and Jammu and Kashmir.
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