Programme feasibility reports and costings of 162 new projects with an aggregate capacity of 48 GW were prepared under the 50 GW Initiative in May 2003. Of these, 77 schemes with an indicative tariff below INR 2.5/kWh (USD 0.05/kWh), amounting to 33.9 GW, were selected for detailed project reports and subsequent implementation. In 2009, NTPC announced that they would provide assurance cover for the affected village against any mishap from one of their hydropower projects in Uttarakhand state (Electrical Monitor, 2009).