Major energy firms propose 39GW pumped storage projects
POWER & RENEWABLE ENERGY

Major energy firms propose 39GW pumped storage projects

Energy giants including NHPC Ltd, Tata Power Ltd, Adani Green Energy Ltd, and JSW Energy Ltd have submitted proposals for pumped storage projects (PSPs) totalling 39GW in India. These projects could attract investments of up to ₹3.12 trillion. PSPs store excess energy by pumping water to an upper reservoir during low-demand periods and release it to generate electricity when demand rises. These projects, along with battery storage, play a crucial role in stabilising power supply alongside solar and wind energy projects.

The Central Electricity Authority (CEA) has received these proposals, with each PSP requiring an investment of ₹70-80 million per MW, resulting in a potential investment range of ₹2.73-3.12 trillion. Various energy companies are planning these projects to expand India's current installed PSP capacity of 4.7 GW.

NHPC is considering PSPs totalling 20,000-22,000MW, while Tata Power signed an MoU for two PSPs with a combined capacity of 2,800MW. Adani Green Energy and JSW Energy also have projects in the pipeline. These developments come after the power ministry issued guidelines in April to add around 5GW of PSPs, ensuring grid stability as India expands its renewable energy capacity.

Pumped storage offers an economical and large-scale solution for electricity distribution and is expected to remain cost-competitive compared to battery energy storage systems, with a longer estimated lifespan of 40 years.

Energy giants including NHPC Ltd, Tata Power Ltd, Adani Green Energy Ltd, and JSW Energy Ltd have submitted proposals for pumped storage projects (PSPs) totalling 39GW in India. These projects could attract investments of up to ₹3.12 trillion. PSPs store excess energy by pumping water to an upper reservoir during low-demand periods and release it to generate electricity when demand rises. These projects, along with battery storage, play a crucial role in stabilising power supply alongside solar and wind energy projects.The Central Electricity Authority (CEA) has received these proposals, with each PSP requiring an investment of ₹70-80 million per MW, resulting in a potential investment range of ₹2.73-3.12 trillion. Various energy companies are planning these projects to expand India's current installed PSP capacity of 4.7 GW.NHPC is considering PSPs totalling 20,000-22,000MW, while Tata Power signed an MoU for two PSPs with a combined capacity of 2,800MW. Adani Green Energy and JSW Energy also have projects in the pipeline. These developments come after the power ministry issued guidelines in April to add around 5GW of PSPs, ensuring grid stability as India expands its renewable energy capacity.Pumped storage offers an economical and large-scale solution for electricity distribution and is expected to remain cost-competitive compared to battery energy storage systems, with a longer estimated lifespan of 40 years.

Next Story
Infrastructure Urban

Canal Water Boost for Mudki

In a significant push for public health and urban development, MLA Rajneesh Dahiya has announced a Rs.280 million canal water supply project for Mudki town in the Ferozepur Rural constituency. The initiative aims to provide clean drinking water to every household within Mudki’s municipal limits. Speaking about the development, Dahiya said the project falls under the Centre’s AMRUT (Atal Mission for Rejuvenation and Urban Transformation) scheme and is being carried out with the support of Punjab Chief Minister Bhagwant Singh Mann and Local Government Minister Dr. Inderbir Nijjar. “This ..

Next Story
Infrastructure Transport

6 Tunnel Boring Machines Idle in Chennai

Six tunnel boring machines (TBMs) deployed by the Chennai Metro Rail Limited (CMRL) are currently lying idle beneath city roads, stuck in limbo due to delayed construction of underground stations at Moolakadai, Perambur, and Mandaveli. The TBMs, launched as part of Corridor 3 of the Phase II Metro project from Madhavaram to SIPCOT, have reached their designated stations but are unable to proceed as the station boxes are incomplete. Without a completed diaphragm wall or station box, the machines cannot break through or be dismantled for reuse. According to CMRL officials, the root of the dela..

Next Story
Infrastructure Transport

Mumbai Metro 3 Nears Launch

The Mumbai Metro Rail Corporation shared a sneak peek of the newly completed Acharya Atre Chowk station on Metro Line 3 (Aqua Line) this Sunday, drawing both praise and impatience from the public. Located on the 9.77 km stretch between Bandra Kurla Complex (BKC) and Worli, the underground station is part of a long-anticipated corridor that promises to ease traffic and boost east-west connectivity. The social media update, posted by the handle @MumbaiMetro3, featured images of the station’s sleek new interiors. But the post quickly sparked a flurry of comments, with several users demanding c..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?