Torrent Power signs deal with Maharashtra govt for 3 hydro projects

08 Jun 2023 CW Team

The company stated that it intends to carry out these projects over a span of 5 years. The projects will be implemented at three locations identified by Torrent, namely Karjat (3,000 MW) in Raigarh District, Maval (1,200 MW), and Junnar (1,500 MW) in Pune District. All the sites are located off-stream, and the projects are designed to offer a minimum of six hours of energy storage on a daily basis.

The proportion of renewable power, which is characterised by its intermittent nature, is experiencing rapid growth within the grid. This necessitates the need for energy storage to manage the load and meet peak demand.

Pumped Storage Hydro (PSH) is a well-established, proven, and cost-effective technology for generating firm, flexible, and dispatchable power. PSH involves the use of two water reservoirs situated at different elevations. During periods of excess power when it is cheaper, water is pumped to the upper reservoir. When there is a demand for power and the cost is higher, the water flows from the upper reservoir to the lower reservoir, thereby generating power through a hydraulic turbine. PSH is a more advantageous solution for energy storage compared to batteries as it is more affordable, has a longer lifespan of 40 years, and provides storage for longer durations, typically ranging from 6 to 10 hours, with the possibility of multiple cycles of operation throughout the day.

Currently, Torrent Power has a total installed generation capacity of 4.1 GW, primarily comprising clean generation sources such as gas (2.7 GW) and renewables (1.07 GW). Additionally, it has 0.7 GW of renewable capacity under development. Torrent's primary focus for growth in power generation remains on renewables.

Also read:
India Requires 56 Billion to Meet 2030 Green Hydrogen Demand
Indian Energy Exchange May trade volume rises 8% to 8,251 MU

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Torrent Power has entered into a memorandum of understanding (MoU) with the Maharashtra government for the development of three pumped storage hydro projects with a capacity of 5,700 MW. The projects would require an investment of approximately Rs 270 billion and would generate employment for around 13,500 individuals during the construction phase. The company stated that it intends to carry out these projects over a span of 5 years. The projects will be implemented at three locations identified by Torrent, namely Karjat (3,000 MW) in Raigarh District, Maval (1,200 MW), and Junnar (1,500 MW) in Pune District. All the sites are located off-stream, and the projects are designed to offer a minimum of six hours of energy storage on a daily basis. The proportion of renewable power, which is characterised by its intermittent nature, is experiencing rapid growth within the grid. This necessitates the need for energy storage to manage the load and meet peak demand. Pumped Storage Hydro (PSH) is a well-established, proven, and cost-effective technology for generating firm, flexible, and dispatchable power. PSH involves the use of two water reservoirs situated at different elevations. During periods of excess power when it is cheaper, water is pumped to the upper reservoir. When there is a demand for power and the cost is higher, the water flows from the upper reservoir to the lower reservoir, thereby generating power through a hydraulic turbine. PSH is a more advantageous solution for energy storage compared to batteries as it is more affordable, has a longer lifespan of 40 years, and provides storage for longer durations, typically ranging from 6 to 10 hours, with the possibility of multiple cycles of operation throughout the day. Currently, Torrent Power has a total installed generation capacity of 4.1 GW, primarily comprising clean generation sources such as gas (2.7 GW) and renewables (1.07 GW). Additionally, it has 0.7 GW of renewable capacity under development. Torrent's primary focus for growth in power generation remains on renewables. Also read: India Requires 56 Billion to Meet 2030 Green Hydrogen Demand Indian Energy Exchange May trade volume rises 8% to 8,251 MU

Resources

03 Jun 2026

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Real Estate

03 Jun 2026

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Infrastructure Transport

03 Jun 2026

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..