Major energy firms propose 39GW pumped storage projects
POWER & RENEWABLE ENERGY

Major energy firms propose 39GW pumped storage projects

Energy giants including NHPC Ltd, Tata Power Ltd, Adani Green Energy Ltd, and JSW Energy Ltd have submitted proposals for pumped storage projects (PSPs) totalling 39GW in India. These projects could attract investments of up to ₹3.12 trillion. PSPs store excess energy by pumping water to an upper reservoir during low-demand periods and release it to generate electricity when demand rises. These projects, along with battery storage, play a crucial role in stabilising power supply alongside solar and wind energy projects.

The Central Electricity Authority (CEA) has received these proposals, with each PSP requiring an investment of ₹70-80 million per MW, resulting in a potential investment range of ₹2.73-3.12 trillion. Various energy companies are planning these projects to expand India's current installed PSP capacity of 4.7 GW.

NHPC is considering PSPs totalling 20,000-22,000MW, while Tata Power signed an MoU for two PSPs with a combined capacity of 2,800MW. Adani Green Energy and JSW Energy also have projects in the pipeline. These developments come after the power ministry issued guidelines in April to add around 5GW of PSPs, ensuring grid stability as India expands its renewable energy capacity.

Pumped storage offers an economical and large-scale solution for electricity distribution and is expected to remain cost-competitive compared to battery energy storage systems, with a longer estimated lifespan of 40 years.

Energy giants including NHPC Ltd, Tata Power Ltd, Adani Green Energy Ltd, and JSW Energy Ltd have submitted proposals for pumped storage projects (PSPs) totalling 39GW in India. These projects could attract investments of up to ₹3.12 trillion. PSPs store excess energy by pumping water to an upper reservoir during low-demand periods and release it to generate electricity when demand rises. These projects, along with battery storage, play a crucial role in stabilising power supply alongside solar and wind energy projects.The Central Electricity Authority (CEA) has received these proposals, with each PSP requiring an investment of ₹70-80 million per MW, resulting in a potential investment range of ₹2.73-3.12 trillion. Various energy companies are planning these projects to expand India's current installed PSP capacity of 4.7 GW.NHPC is considering PSPs totalling 20,000-22,000MW, while Tata Power signed an MoU for two PSPs with a combined capacity of 2,800MW. Adani Green Energy and JSW Energy also have projects in the pipeline. These developments come after the power ministry issued guidelines in April to add around 5GW of PSPs, ensuring grid stability as India expands its renewable energy capacity.Pumped storage offers an economical and large-scale solution for electricity distribution and is expected to remain cost-competitive compared to battery energy storage systems, with a longer estimated lifespan of 40 years.

Next Story
Infrastructure Transport

NF Railway Launches Girder on World’s Tallest Pier Bridge in Manipur

The Northeast Frontier Railway (NFR) has reached a significant engineering milestone by successfully completing the girder launch on the iconic Noney Bridge in Manipur.Regarded as an engineering marvel, the Noney Bridge is recognized as the world’s tallest railway pier bridge. It forms a crucial part of the 111 km long Jiribam-Imphal railway line project.Recently, the final span of the bridge was successfully erected, marking the completion of all eight spans of this monumental infrastructure venture.Kapinjal Kishore Sharma, Chief Public Relations Officer of NFR, stated that this accomplishm..

Next Story
Infrastructure Urban

Cube Highways Trust Reports Rs 34.53 Bn Total Income in FY25

Cube Highways Trust (Cube InvIT), managed by Cube Highways Fund Advisors, concluded its second financial year post-listing on a strong note by reporting a total consolidated income of Rs 34.53 billion for the financial year 2025, marking a 12.3 percent year-on-year (YoY) increase.According to the official media release, Cube InvIT posted a consolidated earnings before interest, tax, depreciation, and amortisation (EBITDA) of Rs 2,380 crore, reflecting a 21.7 percent YoY growth. During the year, traffic volumes increased by 6.2 percent, while the Asset Under Management (AUM) grew 25 percent to ..

Next Story
Infrastructure Transport

New Flyover to Ease Traffic on Hyderabad’s Busiest Road

To improve urban connectivity and reduce traffic congestion in the city, the Greater Hyderabad Municipal Corporation (GHMC) will undertake the construction of a two-lane unidirectional flyover at NFCL Junction in Banjara Hills, along with a two-lane unidirectional underpass and a three-lane unidirectional flyover at TV9 Junction, as part of the state government’s prestigious Hyderabad City Innovative and Transformative Infrastructure (H-CITI) programme.The NFCL Junction flyover will be a two-lane unidirectional structure extending from Banjara Hills Road No. 3 towards GVK Mall. It is planned..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?