NHPC to Invest Rs.40 billion in Gujarat Pumped Storage Project
POWER & RENEWABLE ENERGY

NHPC to Invest Rs.40 billion in Gujarat Pumped Storage Project

NHPC, known for its expertise in the energy domain, is poised to make a transformative investment of ?40 billion in Gujarat's Kuppa pumped storage hydro project. This strategic move reflects NHPC's commitment to advancing sustainable energy solutions and contributing significantly to the development of crucial pumped hydro storage infrastructure within Gujarat.

The Kuppa pumped storage hydro project holds immense significance in the renewable energy landscape, particularly in the context of Gujarat's ambitious energy goals. Pumped storage facilities play a crucial role in balancing the grid and ensuring a stable and efficient energy supply. NHPC's substantial investment underscores the company's dedication to fostering clean and sustainable energy sources, aligning with the broader national objectives of increasing the share of renewables in the energy mix.

The infusion of ?40 billion into the Kuppa project is expected to accelerate its development, bringing it closer to operational status. Beyond the immediate impact on Gujarat's energy infrastructure, this investment showcases NHPC's strategic vision to play a pivotal role in shaping the future of renewable energy in India. The Kuppa pumped storage hydro project, with NHPC's substantial backing, is poised to emerge as a cornerstone in Gujarat's journey towards a greener and more resilient energy landscape.

NHPC, known for its expertise in the energy domain, is poised to make a transformative investment of ?40 billion in Gujarat's Kuppa pumped storage hydro project. This strategic move reflects NHPC's commitment to advancing sustainable energy solutions and contributing significantly to the development of crucial pumped hydro storage infrastructure within Gujarat. The Kuppa pumped storage hydro project holds immense significance in the renewable energy landscape, particularly in the context of Gujarat's ambitious energy goals. Pumped storage facilities play a crucial role in balancing the grid and ensuring a stable and efficient energy supply. NHPC's substantial investment underscores the company's dedication to fostering clean and sustainable energy sources, aligning with the broader national objectives of increasing the share of renewables in the energy mix. The infusion of ?40 billion into the Kuppa project is expected to accelerate its development, bringing it closer to operational status. Beyond the immediate impact on Gujarat's energy infrastructure, this investment showcases NHPC's strategic vision to play a pivotal role in shaping the future of renewable energy in India. The Kuppa pumped storage hydro project, with NHPC's substantial backing, is poised to emerge as a cornerstone in Gujarat's journey towards a greener and more resilient energy landscape.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Vedanta Metal Bazaar Expands to Global Markets

Vedanta Aluminium has expanded its digital e-commerce platform, Vedanta Metal Bazaar, to international markets, enabling overseas customers to order and purchase aluminium products online.The platform will now be available to buyers across Asia, Europe, Africa and the Americas, providing a digital gateway for export transactions with 24x7 access.In FY26, Vedanta Metal Bazaar processed transactions worth nearly $4.1 billion, or over Rs 380 billion, and fulfilled more than 23,000 orders. The platform is also used regularly by more than 550 MSMEs in India alongside large OEM customers.The export ..

Next Story
Infrastructure Urban

Ramky Infrastructure Q1 FY27 Revenue Rises 24.3%

Ramky Infrastructure Limited reported a 24.3% year-on-year increase in consolidated revenue from operations to Rs 471.2 crore for Q1 FY27, compared with Rs 3.79 billion in the corresponding quarter of FY26.Standalone revenue from operations rose 27.5% YoY to Rs 4.51 billion from Rs 3.54 billion, while total standalone income increased 35% to Rs 5.32 billion.Consolidated profit before tax stood at Rs 540.9 million during the quarter. The company highlighted a sharp sequential improvement compared with a pre-exceptional loss of Rs 190.1 million in Q4 FY26.Two of the three projects awarded during..

Next Story
Technology

LTTS Launches AgenticIQ AI Platform for Engineering

L&T Technology Services (LTTS) has launched AgenticIQ, an end-to-end agentic AI platform designed for engineering and manufacturing organisations.The platform is aimed at helping enterprises move beyond isolated AI pilots by enabling autonomous, multi-agent workflows across engineering, product development, manufacturing, industrial operations and customer experience.AgenticIQ is built on LTTS’ Engineering Intelligence portfolio and converts existing engineering capabilities into specialised, reusable AI agents. Its planning-first architecture is embedded into engineering and production ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement