MoP Sets New Bidding Guidelines for Pumped Storage Projects Updated On Wed, Feb 12th, 2025 by Saurenergy The Ministry of Power (MoP) has introduced a new set of rules to promote the development of Pumped Storage Plants (PSPs). The government’s latest norms aim to provide a standardized procurement framework based on open competitive bidding. They also establish clear risk-sharing mechanisms among various stakeholders. The government’s latest notification applies to developers and procurers […] Read more
