As one of the renewable energy sources, micro hydropower is emerging as a resource to meet local electricity demand. At the same time, it is of great importance to propose methodologies aimed at increasing the economic advantage of the hydropower system. This article presents the methods of economic feasibility assessment for micro HPP and economic analysis of feasibility of micro HPP installation. Marhamat micro HPP as a practical case, considering the production of electricity, the profitability of the micro HPP project was checked and the feasibility of the installation was analyzed.