+
RUMSL seeks developer for 13.8 GW pumped hydro storage projects
POWER & RENEWABLE ENERGY

RUMSL seeks developer for 13.8 GW pumped hydro storage projects

Rewa Ultra Mega Solar (RUMSL) has released a request for proposal (RFP) to select a developer for 13.8 GW of pumped hydro storage projects located across various sites in the state. Interested parties must submit their bids by June 7, 2023, with bid openings also scheduled for the same day. The bidding document is available for a price of Rs 295,000 ($3,563), and the successful bidder will be required to provide a bid security of Rs 1 million ($12,079). For each project site, a project development fee of Rs 25,000 ($302) per MW of the estimated capacity must be paid.

The pumped hydro storage projects aim to enhance the state's energy storage capabilities and support the integration of renewable energy sources into the grid. Pumped hydro storage is a proven technology that utilizes surplus electricity to pump water from a lower reservoir to an upper reservoir during periods of low demand. When there is a high demand for electricity, the stored water is released to flow downhill, driving turbines to generate electricity.

By leveraging pumped hydro storage, RUMSL seeks to improve grid stability, enable better utilization of renewable energy, and enhance overall energy system flexibility. The projects will play a crucial role in managing intermittent renewable energy generation and meeting peak electricity demand in an efficient and sustainable manner. The development of pumped hydro storage projects aligns with the government's commitment to clean and renewable energy sources, promoting energy security and reducing greenhouse gas emissions. The selected developer will contribute to the growth of the state's renewable energy infrastructure while driving economic development and job creation in the region.

Rewa Ultra Mega Solar (RUMSL) has released a request for proposal (RFP) to select a developer for 13.8 GW of pumped hydro storage projects located across various sites in the state. Interested parties must submit their bids by June 7, 2023, with bid openings also scheduled for the same day. The bidding document is available for a price of Rs 295,000 ($3,563), and the successful bidder will be required to provide a bid security of Rs 1 million ($12,079). For each project site, a project development fee of Rs 25,000 ($302) per MW of the estimated capacity must be paid. The pumped hydro storage projects aim to enhance the state's energy storage capabilities and support the integration of renewable energy sources into the grid. Pumped hydro storage is a proven technology that utilizes surplus electricity to pump water from a lower reservoir to an upper reservoir during periods of low demand. When there is a high demand for electricity, the stored water is released to flow downhill, driving turbines to generate electricity. By leveraging pumped hydro storage, RUMSL seeks to improve grid stability, enable better utilization of renewable energy, and enhance overall energy system flexibility. The projects will play a crucial role in managing intermittent renewable energy generation and meeting peak electricity demand in an efficient and sustainable manner. The development of pumped hydro storage projects aligns with the government's commitment to clean and renewable energy sources, promoting energy security and reducing greenhouse gas emissions. The selected developer will contribute to the growth of the state's renewable energy infrastructure while driving economic development and job creation in the region.

Related Stories

Gold Stories

Next Story
Products

Interio by Godrej launches modular workplace solutions

Interio by Godrej has launched Workscapes, a modular workplace solutions category designed to help organisations configure and adapt workspaces to changing requirements. The portfolio combines mobile and compatible furniture and support elements that can be rearranged across different work modes without changes to fixed layouts.Workscapes includes Collaboration Tables, Privacy Solutions, Mobile Markerboards and Space Dividers, Power Solutions, Storage and Support Elements, Meeting and Presentation Tools, and Seating Elements. The range is designed for focused work, collaboration, informal disc..

Next Story
Infrastructure Urban

CAFE-III Gives Auto Industry Investment Clarity

The government’s new Corporate Average Fuel Economy (CAFE-III) norms have provided the automobile industry with a clearer framework for technology investments, according to industry representatives. The framework seeks to balance environmental objectives with flexibility for manufacturers while encouraging the adoption of flex-fuel vehicles and biofuels. Society of Indian Automobile Manufacturers (SIAM) President Shenu Agarwal said the five-year framework would give automakers greater predictability to plan investments and accelerate innovation. He said the regulation established annual targ..

Next Story
Infrastructure Energy

Mines Ministry to Auction Two Offshore Mineral Blocks in Andaman Sea

The Ministry of Mines will launch an auction of two offshore mineral blocks in the Andaman Sea on Thursday, seeking to unlock India’s offshore mineral potential and strengthen long-term mineral resource security. The blocks will be offered under a composite licence, which permits exploration and development activities in accordance with the applicable regulatory framework. The ministry said the auction was intended to encourage systematic exploration, attract investment and promote the use of advanced technologies for offshore mineral exploration and development. The initiative is also aimed..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code