pumped storage projects

SJVN, Maharashtra Partner To Develop PSPs, Floating Solar Projects

SJVN, a Navratna Central Public Sector Enterprise (CPSE), has signed two Memorandums of Understanding (MoUs) with the Maharashtra government to build Pumped Storage Projects (PSPs) and Floating Solar Projects in the state. The total estimated investment for these projects is approximately Rs. 48,000 crores. It is expected to create around 8,400 direct and indirect employment […]

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CEA Approves 2.5 GW Of PSP Projects In Maharashtra

The Central Electricity Authority (CEA) has announced concurring two more Pumped Storage Projects (PSPs) in Maharashtra namely-1500 MW Bhavali PSP being developed by JSW Energy Ltd. and 1000 MW Bhivpuri PSP being developed by Tata Power Co. Ltd. These PSPs are concurred with the support of the Central Water Commission (CWC), Geological Survey of India […]

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NHPC Revises MoU With Maharashtra Govt For 7,350 MW PSPs

On September 3, State owned NHPC (National Hydroelectric Power Corporation Private Limited) said that it has re-entered a memorandum of understanding (MoU) with the Maharashtra’s Department of Water Resources (WRD) for 7,350 MW renewable energy storage systems. The MoU aims to establish energy storage systems, specifically pumped storage projects (PSPs), in the state of Maharashtra. […]

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Changing Dynamics: Indian Green Firms Shift Focus On Energy Storage

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 […]

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THDC to Build RE Projects of 3270 MW in Karnataka

Uttarakhand-based government firm THDC India Ltd (THDCIL) has set sights on establishing 3,270 megawatts (MWs) of clean energy projects in Karnataka with emphasis on pumped storage and floating solar in the state. The THDC project in Karnataka is likely to boost the growth of renewable energy in the state also increase the presence of THDC […]

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NTPC & Meghalaya Join Hands for Floating Solar, PSPs

Energy conglomerate NTPC Limited and the Meghalaya Government have entered into various agreements to augment renewable power in Meghalaya. The MoUs entail Power Portfolio Management Services (PMS) for Meghalaya DISCOM. The agreements will also pave the way for the establishment of Pump Storage Power Plants (PSPs), as well as floating solar projects in the state. […]

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Serentica Renewables Enters into 1,500 MWhr Energy Storage Contract with Greenko

Serentica Renewables, a C&I focused renewable energy developer in India, has announced that it has signed a first-of-its-kind standalone energy storage capacity offtake contract with global energy storage developer, Greenko Group. As part of this contract, Serentica will leverage Greenko’s unique energy storage capabilities to utilise a cumulative 1,500 MWhr capacity from its upcoming energy […]

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NHPC in MoU with GRIDCO for 2 GW Pumped Storage, 1 GW Solar in Odisha

Hydropower developer NHPC Ltd, has entered into an MoU (Memorandum of Understanding) with Grid Corporation of Odisha (GRIDCO). The agreement will pave the way for the development of pumped storage and renewable energy projects in Odisha. As per the agreement, pumped storage projects of a minimum of 2 GW and renewable energy projects that shall […]

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CEA Issues Norms For Field Efficiency Tests For Pumped Storage Projects 

The Central Electricity Authority (CEA) has issued fresh guidelines for the field efficiency tests in hydropower plants and pumped hydro storage projects to bring uniformity in the sector and to avoid disputes. The new norms define the testing agency, its role, and the standards to be used in such testing.  “This…is to provide a uniform […]

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