REC Power Development and Consultancy Limited (RECPDCL) has invited bids to develop an interstate transmission system for evacuating power from pumped storage projects (PSPs) located in Sonbhadra district, Uttar Pradesh. The project will be executed […]
By Sakshi Bansal As India accelerates its transition to renewable energy, hydro and pumped storage projects (PSPs) have emerged as a reliable solution to address grid stability challenges and help in peak load management. With […]
Hydropower and pumped storage projects (PSPs) have become critical to India’s transition to sustainable energy, playing a critical role in ensuring energy security and balancing the variability of other renewable sources such as solar and […]
NTPC Limited and EDF India Private Limited have signed a non-binding term sheet to collaborate on the development of pumped storage projects (PSPs) and hydro projects integrated with other renewable energy initiatives. Additionally, the partnership […]
The Ministry of Power has issued tariff-based competitive bidding guidelines for procuring stored energy from existing, under-construction, or new Pumped Storage Projects (PSP). As per the National Electricity Plan 2023, India will require 74 GW/411 […]
NTPC Limited has floated a tender for the preparation of a detailed project report for an 800 MW pumped storage project (PSP) in Amba, Maharashtra. The last date for submission of bids is November 16, […]
Megha Engineering and Infrastructure Limited (MEIL) has secured a 2,000 MW pumped storage power project on the Sharavathi river in Karnataka, involving an investment of Rs 80 billion. The Sharavathi river serves as a crucial […]
The pumped storage segment has witnessed significant uptake in recent months, with the announcement of massive GW-scale projects by large developers. This growth spurt can be largely attributed to the increasing renewable penetration in the […]
The West Bengal Power Development (WBPD) has issued a request for proposals (RFP) to set up and commission pumped storage projects of 900 MW capacity. As per the tender guidelines, the projects will be divided […]
NLC India Limited is looking for the consultation services of WAPCOS Limited, a public-sector firm under the Ministry of Jal Shakti and aims to develop pumped hydro storage. A Memorandum of Understanding (MoU) was recently […]
The Ministry of Power (MoP) has finally released the much-anticipated guidelines for promoting pumped storage projects (PSPs). This policy is in line with the finance minister’s budget speech in February 2023, which mentioned the creation […]
Greenko Energy Holdings announced signing of official contracts for a primary equity raising of $700 million from its current shareholders. It received the funding from its founders, the GIC sovereign wealth fund of Singapore, Abu […]
Pumped storage, the oldest and most mature energy storage technology, is finally receiving the necessary attention from policymakers and the power industry in India. After a long period of stagnation, with many projects stuck in […]
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