Avaada to Build 3.6 GW Storage in Maharashtra
POWER & RENEWABLE ENERGY

Avaada to Build 3.6 GW Storage in Maharashtra

Avaada Group has signed an initial agreement with the Maharashtra government to develop two large pumped storage hydro projects—Pawana-Falyan (2,400 MW) and Sirsala (1,200 MW)—with a combined capacity of 3,600 MW and an investment of Rs 151 billion. The projects are expected to create over 3,800 direct jobs and significantly enhance Maharashtra's renewable energy reliability.

According to the company, the projects will support grid balancing and enable round-the-clock renewable power availability, helping integrate clean energy into the state’s power system. The agreement was signed between Avaada and key state agencies including the Water Resources Department, MAHAGENCO, and its subsidiary MAHAREL.

Chief Minister Devendra Fadnavis said Maharashtra is committed to becoming the Green Energy Hub of India and assured full government support to fast-track the projects. He shared that a broader set of MoUs signed with public and private sector firms will help generate 8,905 MW of pumped storage capacity across multiple sites and attract Rs 572.6 billion in investments, generating around 9,200 employment opportunities.

MAHAGENCO will lead projects at Ghatghar (125 MW), Kodali (220 MW), Varasgaon (1,200 MW), and Panshet (1,600 MW), while MAHAREL will develop new storage at Muthkhed (110 MW), Nive (1,200 MW), and Varandha Ghat (800 MW). Avaada Aqua Batteries will be responsible for the Pawana-Falyan and Sirsala ventures.

CM Fadnavis highlighted that these advanced pumped storage systems are vital for supplying clean power to agriculture, industry, and commerce while helping Maharashtra reach its goal of deriving 50 per cent of energy capacity from renewable sources.

Avaada Group has signed an initial agreement with the Maharashtra government to develop two large pumped storage hydro projects—Pawana-Falyan (2,400 MW) and Sirsala (1,200 MW)—with a combined capacity of 3,600 MW and an investment of Rs 151 billion. The projects are expected to create over 3,800 direct jobs and significantly enhance Maharashtra's renewable energy reliability.According to the company, the projects will support grid balancing and enable round-the-clock renewable power availability, helping integrate clean energy into the state’s power system. The agreement was signed between Avaada and key state agencies including the Water Resources Department, MAHAGENCO, and its subsidiary MAHAREL.Chief Minister Devendra Fadnavis said Maharashtra is committed to becoming the Green Energy Hub of India and assured full government support to fast-track the projects. He shared that a broader set of MoUs signed with public and private sector firms will help generate 8,905 MW of pumped storage capacity across multiple sites and attract Rs 572.6 billion in investments, generating around 9,200 employment opportunities.MAHAGENCO will lead projects at Ghatghar (125 MW), Kodali (220 MW), Varasgaon (1,200 MW), and Panshet (1,600 MW), while MAHAREL will develop new storage at Muthkhed (110 MW), Nive (1,200 MW), and Varandha Ghat (800 MW). Avaada Aqua Batteries will be responsible for the Pawana-Falyan and Sirsala ventures.CM Fadnavis highlighted that these advanced pumped storage systems are vital for supplying clean power to agriculture, industry, and commerce while helping Maharashtra reach its goal of deriving 50 per cent of energy capacity from renewable sources.

Next Story
Equipment

Liebherr Cranes Rapidly Progress on Scandinavia’s Second Tallest Tower

An impressive structure has emerged at remarkable speed in Karlskrona. Standing at a height of 200 metres, the NKT Tower 3 is the second tallest tower in Scandinavia. Two Liebherr cranes, a 542 HC-L 12/24 Litronic and a 258 HC-L 10/18 Fibre, are a key part of this ambitious construction project. The tower which is built by Skanska will be an integral part of the world’s largest high-voltage submarine cable factory, which will supply wind turbines and solar parks with essential components. Weighing 28,000 tonnes in total, the NKT Tower 3 is a feat of engineering.Liebherr Tower Crane Center an..

Next Story
Resources

GCCIA Concludes AI Forum in Kuwait with Discussions on Enhancing Power

The Gulf Cooperation Council Interconnection Authority (GCCIA), concluded its two-day regional forum held on April 29–30, 2025, under the theme, “Empowering the Future Grid: Exploring the Application of Generative AI in GCC Power Systems,” which took place in Kuwait City. The event brought together a distinguished group of global technology leaders, including GCCIA, the Saudi Electricity Company, ENOWA (NEOM’s Energy and Water Company), GCC energy authorities and utilities, as well as Microsoft, NVIDIA, Oracle, and EPRI Gulf (Electric Power Research Institute), alongside representative..

Next Story
Resources

Hindustan Zinc Accelerates Research in Emerging Zinc Battery Tech

Hindustan Zinc Limited, India’s only and the world’s largest integrated zinc producer, sees early breakthrough in the research of next-generation zinc-based battery technologies. The research targets delivering higher energy efficiency, improved safety and longer operational life. The company is pioneering emerging zinc battery technology to support the ongoing clean energy transition.Zinc has emerged as a powerful alternative to lithium owing to its abundance, stability and cost effectiveness. While the lithium market continues to face supply constraints and rising costs, zinc-based syste..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?