+
CEA Clears Record 7.5 GW Hydro Pumped Storage Projects in FY25
POWER & RENEWABLE ENERGY

CEA Clears Record 7.5 GW Hydro Pumped Storage Projects in FY25

In a significant step towards strengthening India’s long-term energy storage capacity, the Central Electricity Authority (CEA), under the Ministry of Power, has approved Detailed Project Reports (DPRs) for six Hydro Pumped Storage Projects (PSPs) totalling approximately 7.5 GW during FY 2024-25—a record feat for the country. The cleared projects include: • Upper Indravati (600 MW) – Odisha • Sharavathy (2,000 MW) – Karnataka • Bhivpuri (1,000 MW) – Maharashtra • Bhavali (1,500 MW) – Maharashtra • MP-30 (1,920 MW) – Madhya Pradesh • Chitravathi (500 MW) – Andhra Pradesh This achievement is the result of enhanced collaboration between PSP developers and appraisal agencies including CWC, GSI, and CSMRS. The CEA has also introduced reforms to accelerate approvals—such as a more transparent appraisal process via the “Jalvi Store” portal, concise DPR formats, and structured checklists for faster submission and review. Building on this momentum, the CEA aims to approve at least 13 PSPs totalling 22 GW in FY 2025-26, with most projects targeted for commissioning within four years, and all by 2030. This is a key element in India’s efforts to support its renewable energy targets and ensure grid reliability through robust energy storage solutions. With private sector participation increasing, India’s estimated pumped storage potential has surpassed 200 GW—a massive jump from the current operational capacity of just 3.5 GW. In 2025, two PSPs totaling 3 GW are set to be commissioned. By 2032, India expects to have about 50 GW of PSP capacity operational. Currently: • 8 projects (10 GW) are under construction • 3 projects (approx. 3 GW) have DPRs already concurred • 49 projects (66 GW) are under survey and investigation Hydro PSPs are critical for India’s energy transition, enabling off-peak power storage and on-demand supply during high usage periods—making them strategic assets for both the nation and investors, with a lifespan of over 70–80 years. (PIB)

In a significant step towards strengthening India’s long-term energy storage capacity, the Central Electricity Authority (CEA), under the Ministry of Power, has approved Detailed Project Reports (DPRs) for six Hydro Pumped Storage Projects (PSPs) totalling approximately 7.5 GW during FY 2024-25—a record feat for the country. The cleared projects include: • Upper Indravati (600 MW) – Odisha • Sharavathy (2,000 MW) – Karnataka • Bhivpuri (1,000 MW) – Maharashtra • Bhavali (1,500 MW) – Maharashtra • MP-30 (1,920 MW) – Madhya Pradesh • Chitravathi (500 MW) – Andhra Pradesh This achievement is the result of enhanced collaboration between PSP developers and appraisal agencies including CWC, GSI, and CSMRS. The CEA has also introduced reforms to accelerate approvals—such as a more transparent appraisal process via the “Jalvi Store” portal, concise DPR formats, and structured checklists for faster submission and review. Building on this momentum, the CEA aims to approve at least 13 PSPs totalling 22 GW in FY 2025-26, with most projects targeted for commissioning within four years, and all by 2030. This is a key element in India’s efforts to support its renewable energy targets and ensure grid reliability through robust energy storage solutions. With private sector participation increasing, India’s estimated pumped storage potential has surpassed 200 GW—a massive jump from the current operational capacity of just 3.5 GW. In 2025, two PSPs totaling 3 GW are set to be commissioned. By 2032, India expects to have about 50 GW of PSP capacity operational. Currently: • 8 projects (10 GW) are under construction • 3 projects (approx. 3 GW) have DPRs already concurred • 49 projects (66 GW) are under survey and investigation Hydro PSPs are critical for India’s energy transition, enabling off-peak power storage and on-demand supply during high usage periods—making them strategic assets for both the nation and investors, with a lifespan of over 70–80 years. (PIB)

Next Story
Infrastructure Urban

GRM Overseas Reports Q1 FY26 Results; Strengthens Global & Domestic Presence

GRM Overseas has announced its unaudited financial results for the quarter ended 30 June 2025. The company reported a positive performance in terms of margins and profitability, despite topline pressures from global geopolitical challenges.Atul Garg, Managing Director, said:"We have maintained healthy margins and profitability while navigating short-term headwinds. Our focus remains on expanding our product portfolio, enhancing brand visibility, and deepening our distribution network. Internationally, we continue to hold a strong position in the Basmati rice export market, particularly in the ..

Next Story
Infrastructure Urban

Zuari Industries Posts Q1 FY26 Revenue Growth; PAT Turns Positive

Zuari Industries has announced its audited financial results for the quarter ended 30 June 2025.On a standalone basis, the company reported Revenue from Operations of Rs 2.10 billion and Operating EBITDA of Rs 220.4 million. Standalone Profit Before Tax (PBT), before exceptional items, stood at Rs 90 million.On a consolidated basis, Revenue rose 10.5 per cent year-on-year to Rs 2.67 billion, while Profit After Tax (PAT) stood at Rs 50 million compared to a loss of Rs 330.6 million in Q1 FY25.Segment HighlightsSugar, Power & Ethanol: Operations were impacted by an early mill closure due to ..

Next Story
Infrastructure Urban

Karnataka Bank Reports Q1 FY26 Net Profit of Rs 2.92 Bn

Karnataka Bank has announced a net profit of Rs 2.92 billion for the first quarter of FY26, compared to Rs 4 billion in Q1 FY25. The results were approved at the Board of Directors meeting held on 13 August 2025 at the Bank’s headquarters in Mangaluru.Asset Quality & Capital AdequacyGross NPA: 3.46 per cent, improved from 3.54 per cent in Q1 FY25.Net NPA: 1.44 per cent, down from 1.66 per cent in Q1 FY25.Capital Adequacy Ratio (CAR): 20.46 per cent, up from 17.64 per cent in Q1 FY25.Announcing the results, Raghavendra S Bhat, Managing Director & CEO, said:"The Bank has registered a m..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?