 Till now, hydroelectricity sector is dominated by the state and central government owned companies but this sector is going to grow faster with the participation of private sector for developing the hydro potential located in the Himalaya mountain ranges including north east of India.However the hydro power potential in central India forming part of Godavari, Mahanadi and Narmada river basins has not yet been developed on major scale due to potential opposition from the tribal population.Pumped storage schemes are perfect centralized peaking power stations for the load management in the electricity grid.