Tata Power, Maharashtra Govt ink 2800 MW pumped hydro storage MoU

10 Aug 2023 CW Team

It was revealed that these projects, which are expected to require an investment of approximately Rs 130 billion, are planned to be located in the districts of Shirawta, Pune (1800 MW), and Bhivpuri, Raigad (1000 MW).

According to Dr Praveer Sinha, the CEO & MD of Tata Power, Pumped Hydro Storage is considered a reliable and efficient method for energy storage. He expressed that these initiatives will play a crucial role in supporting the renewable solar and wind projects by ensuring a consistent 24/7 power supply.

Tata Power conveyed through a statement that this collaboration is strategically aligned with the state's ambitious objective of achieving a $1 trillion economy by 2028. Additionally, it is anticipated that over 6,000 employment opportunities will be generated as a result of these projects.

A Pumped Hydro Storage project utilises the kinetic energy of water to establish a stable and dependable power supply. During periods of surplus energy, water is transferred from a lower reservoir to a higher one. Conversely, during periods of peak demand, the stored water is utilized to power turbines, thereby facilitating the generation of electricity.

Tata Power further commented that this undertaking will significantly augment energy security by providing both peaking and continuous power supply. They highlighted that these capabilities, in conjunction with other renewable sources like solar and wind, will be instrumental. The company emphasised that the installation of a pumped hydro capacity of 2800 MW will substantially contribute to the country's efforts to increase cleaner capacity.

The Western Ghats, with their natural topographical features and favorable geology, have been identified as holding tremendous potential for hosting Pumped Storage Hydro Projects. Tata Power has a long-standing presence in this region, spanning a century, during which they have been operating three hydro power projects: Khopoli Hydro Generating Station, Bhivpuri Hydro Generating Station, and Bhira Hydro Generating Station, which includes a Pumped Storage Hydro project with a capacity of 150 MW.

Also read:
NTPC, SJVN, Hinduja Win RUMSL's Phase II Solar Auction
BluPine and ACME Winners in RUVNL's 1.2 GW Solar

Tata Power and the Government of Maharashtra have announced that they have entered into a memorandum of understanding (MoU) to collaboratively develop two large Pumped Hydro Storage projects (PSP) in the state, with a combined capacity of 2800 Megawatts (MW). It was revealed that these projects, which are expected to require an investment of approximately Rs 130 billion, are planned to be located in the districts of Shirawta, Pune (1800 MW), and Bhivpuri, Raigad (1000 MW). According to Dr Praveer Sinha, the CEO & MD of Tata Power, Pumped Hydro Storage is considered a reliable and efficient method for energy storage. He expressed that these initiatives will play a crucial role in supporting the renewable solar and wind projects by ensuring a consistent 24/7 power supply. Tata Power conveyed through a statement that this collaboration is strategically aligned with the state's ambitious objective of achieving a $1 trillion economy by 2028. Additionally, it is anticipated that over 6,000 employment opportunities will be generated as a result of these projects. A Pumped Hydro Storage project utilises the kinetic energy of water to establish a stable and dependable power supply. During periods of surplus energy, water is transferred from a lower reservoir to a higher one. Conversely, during periods of peak demand, the stored water is utilized to power turbines, thereby facilitating the generation of electricity. Tata Power further commented that this undertaking will significantly augment energy security by providing both peaking and continuous power supply. They highlighted that these capabilities, in conjunction with other renewable sources like solar and wind, will be instrumental. The company emphasised that the installation of a pumped hydro capacity of 2800 MW will substantially contribute to the country's efforts to increase cleaner capacity. The Western Ghats, with their natural topographical features and favorable geology, have been identified as holding tremendous potential for hosting Pumped Storage Hydro Projects. Tata Power has a long-standing presence in this region, spanning a century, during which they have been operating three hydro power projects: Khopoli Hydro Generating Station, Bhivpuri Hydro Generating Station, and Bhira Hydro Generating Station, which includes a Pumped Storage Hydro project with a capacity of 150 MW. Also read: NTPC, SJVN, Hinduja Win RUMSL's Phase II Solar Auction BluPine and ACME Winners in RUVNL's 1.2 GW Solar

Real Estate

08 May 2026

Integrated Waterproofing Strategies

Waterproofing buildings used to be an annual pre-monsoon affair but the evolution of real-estate development has changed that approach. In new developments, developers are weaving waterproofing solutions into both the design and construction phases, an approach that Nikhil Madan, Managing Director, Mahima Group, says, “is all about ensuring lasting durability [of the building] and keeping lifecycle risks including water seepage and extensive maintenance to a minimum.”Watertight by designAluminium formwork systems aren’t commonly thought of as a waterproofing tool but at the Mahima Group,..

Infrastructure Urban

08 May 2026

GROHE Showcases Water-Led Design At Milan

GROHE unveiled its GROHE SPA Aqua Sanctuary at Milan Design Week 2026, transforming Piccolo Teatro Studio Melato into an immersive showcase of water, design and wellbeing. Built on the philosophy of ‘Wellbeing Through Water’, the installation reimagined bathrooms as holistic spaces for relaxation, rejuvenation and self-care.The Aqua Sanctuary was presented through three interconnected sanctums. The first showcased the 3D-printed GROHE SPA AquaTree shower and faucet, highlighting bespoke innovation and biophilic design. The second featured the Atrio Private Collection and GROHE SPA x Buster..

Infrastructure Transport

08 May 2026

Rahee Group Expands Rail Manufacturing Capacity

Rahee Group has outlined a multi-year investment roadmap to expand its operational footprint and strengthen manufacturing capabilities for India’s growing railway and urban transit sector. The Group is expanding in Odisha with a new Track Component Casting Unit, for which the groundbreaking ceremony was held on 8 April 2026 in the presence of Odisha Chief Minister Mohan Charan Majhi.The Group’s flagship EPC arm, Rahee Infratech Ltd, continues to focus on complex rail infrastructure projects, including track systems, bridges, viaducts and ballastless infrastructure. Its wholly owned subsidi..