CWC clears Odisha’s 600 MW Upper Indravati storage project

21 Sep 2022 CW Team

The Central Water Commission (CWC) has cleared a proposal of the Odisha government for installation of the Upper Indravati Pump Storage Project in Kalahandi district under the Odisha Hydro Power Corporation (OHPC). The state government has sought to operate three such power storage projects: Upper Indravati PSP, the 500 MW Balimela PSP in Malkangiri district and the 300 MW Upper Kolab PSP in Koraput district.

Pump storage is a type of hydroelectric energy storage. It is a configuration of two water reservoirs at different elevations that can generate power as water moves down from one to the other (discharge), passing through a turbine. The system also requires power as it pumps water back into the upper reservoir (recharge).

The project acts similarly to a giant battery, because it can store power and then release it when needed, an official explained. OHPC chairman B P Sethi said the agency has been engaged in investigation, planning, coordination and erection of three large scale Pump Storage Project (PSP) in the state.

He said the 600 MW Upper Indravati Pump Storage Project achieved a major milestone by obtaining inter-state clearance from the CWC under the Union Ministry of Jal Shakti last week. The proposal will now be submitted to the Central Electricity Authority (CEA) seeking techno-economic clearance, after which a detailed project report (DPR) will be finalised.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..