Himalayan infra projects brace for a climate risk premium


“The addition in the 1,000 MW pumped storage project and the 1,350 MW of thermal power plant has also led to an increase in overall insurance cost of THDC,” said a THDC executive on condition of anonymity.

Road asset operators said insurance claims have become more frequent as climate change-led risks, including erratic weather, rising temperatures, unprecedented heavy rainfall, flash floods, have become more common.



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