Sangram Power Project to establish 1000 MW PSP in Odisha

13 Mar 2025 CW Team

Sangamam Power Project Company has developed a comprehensive project report for establishing a 1000 MW Pumped Storage Project (PSP) in Sunki, located in Odisha’s Koraput district. The project aims to enhance the region’s energy storage capabilities, contributing to Odisha’s renewable energy infrastructure.

As part of its expansion plans, the company formalized its commitment by signing a Memorandum of Understanding (MoU) with the Odisha government during the Utkarsh Odisha Conclave. This agreement marks a significant step in advancing pumped storage technology within the state, ensuring reliable power supply and supporting grid stability.

The proposed PSP will leverage water reservoirs to store and generate electricity efficiently. During periods of low electricity demand, surplus power will be used to pump water from a lower reservoir to a higher one. When demand rises, the stored water will be released back to the lower reservoir, driving turbines to generate electricity. This process will help balance power fluctuations and integrate more renewable energy into the grid.

The Odisha government has been focusing on energy security and sustainability, making pumped storage projects an essential part of its long-term power strategy. By facilitating this large-scale investment, the state aims to strengthen its renewable energy portfolio and enhance overall power reliability.

With its expertise in developing energy infrastructure, Sangamam Power Project Company is expected to play a crucial role in executing this project. The collaboration between the government and private sector in this initiative underscores Odisha’s commitment to fostering clean energy solutions and advancing its position in India’s growing renewable energy sector.

News source: United News of India

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..