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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