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HomePSP

PSP

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Projects

SECI announces results of 1,500 MW PSP auction

July 21, 2026

The Solar Energy Corporation of India (SECI) has announced the winners of its 1,500 MW/12,000 MWh pumped storage projects (PSP) auction. The tender was floated in December 2025. Of the total tendered capacity, 1,344 MW […]

Company Release

ANDRITZ secures order for 1,000 MW Bhivpuri PSP from Tata Power

March 17, 2026

ANDRITZ has received an order from Tata Power to supply pumped storage units for the upcoming 1,000 MW Bhivpuri pumped storage project (PSP) in the state of Maharashtra. The order, valued in the low three-digit […]

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Hybrids and Energy Storage

Prime Infra secures financing for 2 GW PSP portfolio in Philippines 

March 16, 2026

Prime Infra has secured financing agreements worth approximately Php 273.47 billion to support the development of a pumped storage project (PSP) portfolio with a combined capacity of 2,000 MW. The financing package includes two separate […]

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Projects

Maharashtra inks MoU with Chambery Power for 2.1 GW PSP

March 6, 2026

The Water Resource Department of Maharashtra has inked an MoU with Chambery Power, a group company of EDF Power Solutions India. The MoU is for the development of the 2,100 MW Pimpalpada–Savale pumped storage project […]

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Projects

APGENCO floats equipment tender for 950 MW PSP

February 27, 2026

The Andhra Pradesh Power Generation Corporation (APGENCO) has issued a tender for the design, engineering, manufacturing, and commissioning of equipment for the 950 MW Kamalapadu pumped storage project (PSP) in Ananthapuramu district. The equipment includes […]

Hydro Power

Views of Ghanshyam Prasad: “The hydropower and pumped storage segments are witnessing renewed interest”

February 26, 2026

At the 23rd edition of the Hydro Power in India conference organised by Renewable Watch and Power Line, Ghanshyam Prasad, Chairperson, Central Electricity Authority (CEA), spoke about the renewed momentum in hydropower and pumped storage […]

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Hybrids and Energy Storage

Alpiq acquires 535 MW Navaleo Hydro PSP in Spain

February 25, 2026

Alpiq has acquired the Navaleo hydro pumped storage project (PSP) in Castilla y León, Spain. The project was developed by Erbienergía and is currently at an advanced stage, with commercial operations planned for the early […]

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Projects

Odisha inks agreements for renewable energy projects

February 13, 2026

The Odisha government has inked agreements worth approximately Rs 670 billion for the development of renewable projects. The agreements have been inked by the Grid Corporation of Odisha Limited, under the state Energy Department. The […]

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Projects

L&T secures construction order for 3 GW PSP

January 15, 2026

Larsen and Toubro’s (L&T) heavy civil infrastructure business vertical has secured an order from Torrent Energy Storage Solutions Private Limited for the construction of the 3,000 MW Saidongar-1 pumped storage project (PSP) in Raigad, Maharashtra. […]

Expert Take

Scalable Blueprint: Making pumped storage work in India

January 7, 2026

By Abhishek Swarnkar, Senior Expert – PSP and Hydro, Masdar  India stands at a pivotal juncture in its energy transition. The nation’s goal of 500 GW of non-fossil capacity by 2030, coupled with a net […]

Trends

Expanding Horizons: Growth momentum in new areas even as the sector matures

December 17, 2025

By Khushboo Goyal The year 2025 has been an exciting one for the Indian renewable energy sector, with the installed renewable energy capacity crossing 200 GW as of October 2025. Of this, 27 GW has […]

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Projects

THDC commissions 250 MW capacity of 1 GW PSP in Uttarakhand

December 15, 2025

THDC India Limited has commissioned 250 MW Unit-3 of its 1 GW variable-speed pumped storage project (PSP) in Uttarakhand. The project consists of four units, each rated at 250 MW. Furthermore, 750 MW of the […]

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Projects

SJVN floats tender to develop  2 GW ESS capacity from PSPs

December 12, 2025

SJVN has invited bids to develop 2 GW of energy storage capacity through pumped storage projects (PSPs) across the country. The energy storage capacity will be developed on a build-own-operate basis and will offer eight […]

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Projects

AGEL to invest Rs 150 billion for PSPs in Assam

November 17, 2025

Adani Green Energy Limited (AGEL) plans to invest Rs 150 billion for the installation of two pumped storage projects (PSPs) in Assam. The projects will have a combined capacity of 2,700 MW. Furthermore, AGEL has […]

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Projects

Maharashtra government and GSC PSP Maha ink MoU for 1.5 GW PSP

November 6, 2025

The Maharashtra government has inked MoU worth Rs 80 billion with GSC PSP Maha Private Limited. The MoU is for the Panchmauli-Devalipada pumped storage hydroelectric project in the Dhule and Nandurbar districts. The project has […]

Data & Statistics

Key Statistics: Status of energy storage and expected growth in capacity

November 4, 2025

 

Companies

Interview with R.K. Vishnoi: “THDCIL is committed to driving India’s clean energy transition”

October 3, 2025

R.K. Vishnoi, Chairman and Managing Director, THDC India Limited (THDCIL), spoke to Renewable Watch about the performance of the ­hydropower segment over the past one year, as well as the key issues and solutions to […]

Data & Statistics

Key Statistics: Status of PSP installations

September 29, 2025
Interviews

An Untapped Opportunity: Integrating BESS with coal power plants

September 12, 2025

By Dr Sapan Thapar, Associate Professor, TERI School of Advanced Studies India is steadily deploying more solar and wind assets as part of its ­strategy to ­enhance energy security and meet ­climate goals. The government […]

Interviews

Beyond Targets: What India’s pumped storage space needs

August 22, 2025

By Abhishek Swarnkar, Senior Expert – PSP and Hydro, Masdar India’s renewable energy future is set on an ambitious path – aiming for a carbon-neutral grid powered largely by solar and wind. To balance these […]

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