3 GW Of Pumped Hydro Projects Set To Boost MSEDCL’s Portfolio Updated On Fri, Sep 27th, 2024 by Saurenergy Maharashtra is set to witness the addition of 3 GW of energy storage projects through Pumped Storage Projects (PSPs). These new projects are expected to meet the growing demand of the Maharashtra State Electricity Distribution Company Ltd. (MSEDCL). Two companies, JSW Neo Energy Limited and Torrent Power Limited, have secured contracts to build the projects. […] Read more
Draft Norms: MoP Proposes Timeline Of 66 Months For PSPs Updated On Fri, Aug 23rd, 2024 by Saurenergy The Ministry of Power (MoP) has now issued draft guidelines for the issuance of tenders related to Pumped Storage Projects (PSPs). The new proposed norms mandate that the on-river PSPs need to commence its operations after 66 months after the signing of the Power Purchase Agreement (PPA). For the off-river projects, the developers need to […] Read more
Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage Updated On Fri, May 31st, 2024 by Saurenergy In March 2022, India’s leading renewable energy company Adani Green Energy Limited (AGEL) collaborated with another Indian leading player in the energy storage systems–Greenko. The partnership was to seek the Hyderabad-based company’s assistance in getting Round-The-Clock (RTC) power for AGEL’s projects through Greenko’s PSP assets. PSPs are often termed as giant batteries which can storage […] Read more
After Solar & Wind, Adani Green Bets Big On PSP Business Updated On Tue, May 7th, 2024 by Saurenergy Adani Green Energy Limited (AGEL) has now planned to go bullish on Pumped Storage Projects (PSPs) in India. The company, while declaring its latest Q4 results talked about adding 5 Gigawatt (GW) of Pumped Storage Projects (PSPs) by 2030. With a fresh thrust on PSPs, the renewable company upgraded its renewable capacity target from 45 […] Read more
43 Pumped Hydro Storage Projects With 55 GW Capacity Under Survey: Govt Updated On Wed, Dec 27th, 2023 by Saurenergy Union Power Minister R.K Singh in a written reply before the Parliament stated that a total of 43 Pumped Hydro Storage Projects (PSPs) are under survey and investigation in the country. He mentioned that these projects have an aggregate installed capacity of 55,085 MW. The minister also said that a total of four PSPs are […] Read more
Offshore Wind Projects Starting Before 2033 To Get 25 Years Of ISTS Waiver In India Updated On Mon, May 29th, 2023 by Saurenergy The Ministry of Power, in its latest notification, has allowed a 25-year waiver of Inter-State Transmission System (ISTS) charges for early starters of offshore wind power projects. As per the notification, all the offshore projects commissioned on or before December 31, 2032, would be eligible for the long-term waiver. Besides these, the notification also confirms that […] Read more
