Risk management in small hydropower (SHP) projects of Uttarakhand: An innovative approach

Roy, Neha Chhabra; Roy, Namita

doi:10.1016/j.iimb.2019.10.012

Cited by 14 publications

(23 citation statements)

References 22 publications

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“…The authors of the article «Risk management in small hydropower (SHP) projects of Uttarakhand: An innovative approach: Risk management in small hydropower projects» think that despite the huge investment potential in the small hydropower (SHP) sector, investors are not very enthusiastic about investing in the sector owing to the uncertainty associated with project costs. The paper supports investors in making better investment decisions, helps insurance companies arrive at variable insurance premium policies and assists policymakers by identifying sensitive pain points [8].…”

Section: Introductionmentioning

confidence: 77%

Assessment of innovation risks in the context of sustainable development

Zaynullina

2021

E3S Web Conf.

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It is obvious that any innovative activity is associated with risk, but the functioning of Russian innovative companies is the subject to even greater uncertainty. It is due to the lack of government support, the difficulty of forecasting the Russian economy, the influence of external factors, etc. Uncertainty in the context of sustainable development is a source of risk, and it should be reduced by obtaining information, at best, trying to lower uncertainty to zero by obtaining reliable and accurate information. The purpose of this study is a qualitative assessment of the innovative project’s risks of various types of activities implemented in the Republic of Tatarstan. The author conducted an expert survey in the field of innovative economics: representatives of business and science. The expert survey covered the following main areas: qualitative risk assessment of a group of innovative projects and the potential impact of risks on the formation of management strategies that integrate risk management methods that companies plan to use. According to the results of the analysis of the expert survey, it is clear that for innovative projects in the service sector, the most dangerous are marketing, organizational, credit and technical risks. The technical risk is the most critical for innovative projects in the manufacturing industry, as well as the marketing, natural and climatic risk and the risk of lost. As for the extractive industry, technical and natural-climatic risks have the highest probability of occurrence.

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Section: Introductionmentioning

confidence: 77%

Assessment of innovation risks in the context of sustainable development

Zaynullina

2021

E3S Web Conf.

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“…, 2015). Thus, authors propose to use sophisticated classification and index building techniques such as Fuzzy Logic theory (Roy and Roy, 2020b). SI created in this way could identify project-specific issues, guide policy decisions and integrate sustainability into decision-making.…”

Section: Literature Reviewmentioning

confidence: 99%

“…, 2018). This is due to the complexity of interactions around project stakeholders (Roy and Roy, 2020b), diversity among project attributes (Roy and Thangaraj, 2021), ambiguity in HEP impacts and their severity around surrounding interventions (Geneletti et al. , 2017; Neuman, 2005; Ugwu et al.…”

Section: Introductionmentioning

confidence: 99%

“…Despite sustainability initiatives becoming increasingly popular and supported, incorporating them into HEP development is extremely challenging (Liang et al, 2018). This is due to the complexity of interactions around project stakeholders (Roy and Roy, 2020b), diversity among project attributes (Roy and Thangaraj, 2021), ambiguity in HEP impacts and their severity around surrounding interventions (Geneletti et al, 2017;Neuman, 2005;Ugwu et al, 2003), all of which deviates from the sustainability motive. Thus, for the successful and sustainable development of HEPs, a structured approach is essential.…”

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confidence: 99%

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Sustainable hydroelectric power project planning under socio-economic and environmental concerns using Index based approach

Roy

Roy²

2022

BEPAM

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PurposeThis study aims to identify and gauge the sustainability indicators (SUSIs) for sustainable Hydroelectric Power (HEP) project development. It examines major SUSIs under the social, economic and environmental (SEE) fronts and categorizes them under push and pull impacts which helps to identify challenges and opportunities associated with projects. Additionally, the study calculates an empirical sustainability index (SI) to assess the sustainability level of HEP. Finally, the study suggests mitigation measures across stakeholders, which will optimize government/developer/investor investments.Design/methodology/approachThis paper examines the interaction of sustainable HEP development with SUSIs using Uttarakhand as a study area. Additionally, SI has been developed quantitatively. For the indicator classification, the authors conducted a literature review and secondary survey of all affected parties, including investors, developers, NGOs and villagers. The fuzzy logic theory (FLT) is used to determine the SI of the study area and classify projects in their level of sustainability. On the basis of expert opinion and literature review, mitigation measures are proposed across stakeholders.FindingsThe authors found that there is a mixed effect of SUSIs on HEP development across various projects in Uttarakhand. Furthermore, the authors suggest that index-based assessment and planned collaboration play a significant role in sustainable HEP development. Mitigation measures should be suggested to all affected stakeholders based on specific project issues, i.e. collaborations, training, public awareness campaigns, and initiatives by the government that would improve sustainability conditions.Research limitations/implicationsIn addition to supporting the ongoing and upcoming initiatives launched by the Government of India, including the Green Energy Corridor, independent power producers (IPPs); and the India-Renewable Resources Development Project with IDA and participates in Net zero target.Practical implicationsThe structured, sustainable HEP planning suggested in the study will help to conserve society, economy, save resources and in parallel reduce the cost and time of developers and policymakers. This will also help to improve the socioeconomic status of the villagers and prolong the life of the project.Originality/valueThe innovative SI-based push-pull approach identifies a sustainable HEP project planning.

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“…The water and energy control board should provide measures such as water treatment plants, solar panels in migrant society and can create awareness about water and electricity waste and control measures (Schaefli et al , 2007). The traffic and vehicle department should promote a clean energy-based transport system and emphasize more on public transport usage, as awareness about traffic rules can resolve the problem of pollution and traffic (Roy and Roy, 2019).…”

Section: Structured City-specific Planning Based On Alternative Scena...mentioning

confidence: 99%

Dynamic interaction of urban development and rural–urban migration: an application of integrated urban metabolism analysis tool (IUMAT) for sustainable city planning

Roy

Viswanathan

2021

DPRG

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Purpose This study aims to gauge the effect of rural–urban migration and its challenges on the urban development of Bengaluru. This study examines the driving forces behind urbanization and its impact on social, economic and environment areas. The research helps to establish the sustainable city planning, after evaluation of specific challenges of zones, and this mitigation will optimize government investment and reduce cost. Design/methodology/approach Bengaluru is used as a study area to examine the interaction of migration and urban development. The study covers the period between 2011 and 2019. Panel data analysis is applied to measure the effect of urban development indicators on urban migration. The authors applied the integrated urban metabolism analysis tool to quantify the urban development indicators and identified the most critical areas for migrants. Later, authors proposed mitigation measures based on alternate scenario approach. Findings The authors found that there is a mixed effect of urban migration on urban development across various zones in Bengaluru. Besides, the authors suggest how planned collaboration should play a significant role in urban planning and optimize city planning judiciously. Effective mitigation measures should be developed based on zone-specific core issues, and practical trainings, research, public awareness campaigns and skill up-gradation of migrants would enhance the socio-economic and environmental conditions. Research limitations/implications The study will support the ongoing and upcoming initiatives launched by the Government of India i.e. Awas Yojna, Atmanirbhar Bharat and Swach Bharat. Practical implications The structured city planning suggested in the study will help to save wastage of resources and cost and time of developers and policymakers. This will also help to upgrade the status of migrants and enhance the ambience of city around social, economic and environment fronts. Originality/value The first of its kind of innovative model mapped in the study area establishes a link between strategic city planning under rural–urban migration and urban development.

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Risk management in small hydropower (SHP) projects of Uttarakhand: An innovative approach

Cited by 14 publications

References 22 publications

Assessment of innovation risks in the context of sustainable development

Assessment of innovation risks in the context of sustainable development

Sustainable hydroelectric power project planning under socio-economic and environmental concerns using Index based approach

Dynamic interaction of urban development and rural–urban migration: an application of integrated urban metabolism analysis tool (IUMAT) for sustainable city planning

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